Chicago, July 11, 2023 (GLOBE NEWSWIRE) -- The animal wound care industry is expected to witness significant advancements and growth in the near future. As the demand for high-quality veterinary care increases, there is a growing focus on developing innovative wound care solutions for animals. Advancements in wound management techniques, such as the use of advanced dressings, biologics, and regenerative therapies, are set to revolutionize the treatment of animal wounds. These novel approaches promote faster healing, reduce infection rates, and improve overall wound management outcomes. Furthermore, the integration of technologies like 3D printing and tissue engineering holds the potential to provide customized wound care solutions for different animal species and specific wound types. With a strong emphasis on animal welfare and the need to address the challenges associated with wound healing in animals, the animal wound care industry is poised for significant growth, offering improved treatments, enhanced veterinary care, and better outcomes for our beloved animal companions.
Animal Wound Care market in terms of revenue was estimated to be worth $1.2 billion in 2022 and is poised to reach $1.7 billion by 2027, growing at a CAGR of 7.3% from 2022 to 2027 according to a latest report published by MarketsandMarkets™. The rising demand for animal food products, increasing concerns over animal diseases, growing companion animal market, and surging veterinary healthcare expenditure are the major factors driving the growth of this market. However, an increase in pet care costs, the low adoption of advanced animal wound care products in emerging markets, and the shortage of vet practitioners in developing markets are hindering the market’s growth.
Download an Illustrative overview: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=253831778
Animal Wound Care Market Scope:
| Report Coverage | Details |
| Market Revenue in 2022 | $1.2 billion |
| Estimated Value by 2027 | $1.7 billion |
| Growth Rate | Poised to grow at a CAGR of 7.3% |
| Market Size Available for | 2020–2027 |
| Forecast Period | 2022–2027 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | By Product, Animal, End User and Region |
| Geographies Covered |
|
| Report Highlights | Updated financial information / product portfolio of players |
| Key Market Opportunities | Untapped emerging markets |
| Key Market Drivers | Growing population of companion animals |
Animal Wound Care market major players covered in the report, such as:
- Elanco Animal Health (US)
- Medtronic PLC (Ireland)
- B. Braun Melsungen AG (Germany)
- Virbac (France)
- Jorgen Kruuse A/S (Denmark)
- Dechra Pharmaceuticals (UK)
- Neogen Corporation (US)
- Ethicon Inc. (US)
- Sonoma Pharmaceuticals Inc. (US)
- Jazz Medical LLC (Ireland)
- Prima-Vet Inc. (US)
- Smith & Nephew PLC (UK)
- Kericure Inc. (US)
- Advancis Veterinary (UK)
- Care-Tech Laboratories Inc. (US)
- Robinson Healthcare (UK)
- Mila International Inc (US)
- Sentrx Animal Care (US)
- McCord Research Inc (US)
- and Among Others
Buy Animal Wound Care Industry Report (267 Pages PDF with Insightful Charts, Tables, and Figures): https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=253831778
The research report categorizes animal wound care market into the following segments and sub-segments:
By Product
- Surgical Wound Care Products
- Sutures And Staplers
- Tissue Adhesive, Sealants, And Glues
- Advanced Wound Care Products
- Foam Dressings
- Hydrocolloid Dressings
- Film Dressings
- Hydrogel Dressings
- Other Advanced Dressings
- Traditional Wound Care Products
- Tapes
- Dressings
- Bandages
- Absorbents
- Other Traditional Wound Care Products
- Therapy Devices
By Animal
- Companion Animal
- Cats
- Dogs
- Horses
- Another Companion Animal
- Livestock
- Cattle
- Pigs
- Other Livestock Animals
By End Users
- Hospitals & Clinics
- Homecare
Request for FREE Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=253831778
The key stakeholders in the Animal Wound Care market include:
- Veterinary Clinics and Hospitals: Veterinary clinics and hospitals are vital stakeholders in the animal wound care market. They provide the primary care and treatment for animals with wounds. These facilities offer expertise in wound assessment, cleaning, debridement, and the application of appropriate wound care products. Veterinary professionals play a crucial role in diagnosing and treating animal wounds, ensuring optimal healing and recovery.
- Animal Owners and Caregivers: Animal owners and caregivers are important stakeholders in the animal wound care market. They play a critical role in recognizing wounds in their animals, seeking veterinary care, and providing post-treatment wound care at home. Animal owners and caregivers are responsible for following wound care instructions, administering medications, and ensuring a clean and safe environment for the animal's healing process.
- Pharmaceutical and Biotechnology Companies: Pharmaceutical and biotechnology companies develop and manufacture a wide range of wound care products for animals. These companies invest in research and development to create innovative wound care solutions, such as wound dressings, topical creams, antiseptics, and regenerative therapies. They collaborate with veterinary professionals to ensure the effectiveness and safety of their products.
- Research Institutions and Academia: Research institutions and academia play a significant role in advancing the field of animal wound care. They conduct studies and clinical trials to evaluate the efficacy and safety of new wound care products and techniques. These institutions contribute to the development of evidence-based practices, educate veterinary professionals, and drive innovation in the field.
- Regulatory Authorities: Regulatory authorities, such as government agencies and veterinary medicine regulatory bodies, oversee the safety and efficacy of animal wound care products. They establish guidelines, standards, and regulations to ensure the quality and proper use of wound care products in animals. Regulatory authorities play a crucial role in safeguarding animal health and welfare.
- Veterinary Associations and Organizations: Veterinary associations and organizations advocate for the interests of veterinary professionals and contribute to the advancement of animal wound care. They provide educational resources, professional development opportunities, and guidelines for best practices in wound management. These associations also foster collaboration among stakeholders and promote awareness of wound care issues in the veterinary community.
- Animal Health Insurance Providers: Animal health insurance providers play a role in the animal wound care market by offering coverage for veterinary visits, procedures, and wound care treatments. They provide financial support to animal owners, enabling them to access necessary wound care services and products for their pets or livestock.
Overall, the animal wound care market involves a diverse range of stakeholders, including veterinary clinics and hospitals, animal owners and caregivers, pharmaceutical and biotechnology companies, research institutions and academia, regulatory authorities, veterinary associations and organizations, and animal health insurance providers. The collaboration and engagement of these stakeholders are crucial in advancing wound care practices and improving outcomes for animals in need of wound treatment.
Frequently Asked Questions (FAQs) of Animal Wound Care Market:
Q1. What is the total market value of Animal Wound Care Market report?
Q2. Which are the top companies holding the market share in Animal Wound Care Market?
Q3. Which are the largest regions for this Market?
Q4. What is the leading technology of Animal Wound Care Market?
Q5. What are the major drivers for this specific Market?
Q6. What are the upcoming key trends in the Animal Wound Care Market report?
Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=253831778
Recent Developments:
- In April 2022, Elanco and Ginkgo Bioworks launch BiomEdit, a new animal health company leveraging microbiome technology.
- April 2020, Elanco and VetNOW collaborated to expand their access to veterinary care and provide relief to animal owners from the impact of COVID-19.
Reasons to Buy the Report - The report provides insights on the following pointers:
The report will help market leaders/new entrants in this market and provide information regarding the closest approximations of the animal wound care market and its segments. This report will help stakeholders understand the competitive landscape, gain insights to position their businesses better, and plan suitable go-to-market strategies. The report will also help stakeholders in understanding the pulse of the market and gaining information on key market drivers, restraints, opportunities, and challenges.
Related Reports:
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/animal-wound-care-market.asp
Content Source: https://www.marketsandmarkets.com/PressReleases/animal-wound-care.asp
