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In the fiscal year of 2018, Dechra Veterinary Products, LLC launched TAF spray, an antibiotic spray indicated to treat wounds of livestock animals. This rise in surgical procedures leading to higher demand of animal wound care products is estimated to be one of the leading factors to drive the global animal wound care market. Some of the types of animal wounds include bite wounds, gunshot wounds, degloving wounds, cuts & lacerations, and pressure wounds. Animal wound care products comprise of antibiotic sprays, foam dressing, hydrogels, surgical stapler among others.
The global animal wound care market is anticipated to grow owing to a number of factors such as the increasing prevalence of animal diseases, increasing incidence of animal injuries, increasing prevalence of zoonotic diseases (animal to human transmission), increase in pet ownership among others.
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Combined with this, increased demand for meat and animal-based products, growing usage of animals in agriculture, and rising awareness of animal health and welfare among the owners are also cumulatively projected to propel the global animal wound care market. According to Animal Cancer Foundation, there are 65 million dogs and 35 million cats in the U.S., out of which every year, there are 6 million new cancer diagnoses in dogs and similarly in cats too. These trends combined with the other factors are expected to positively drive the market growth
The factors estimated to limit the growth of the global animal wound care market are the associated side effects of wound care products and the increasing costs of animal healthcare. Additionally, the lack of veterinary clinics in developing and underdeveloped countries are estimated to restrain the growth of the global animal wound care market.
Some of the major companies that are present in the global animal wound care market are 3M, Ethicon USA, LLC, B. Braun Melsungen AG, MEDTRONIC, Jorgen Kruuse A/S, Bayer AG, Advancis Veterinary Ltd, and NEOGEN CORPORATION.
By Animal Type
· Companion animal
· Livestock animal
By Product Type
· Surgical wound care products
· Advanced wound care products
· Traditional Wound Care products
· Veterinary hospitals & clinics
· Home care settings
· North America (USA and Canada)
· Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
· Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
· Latin America (Brazil, Mexico and Rest of Latin America)
· Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
Within the segmentation of product type, advanced wound care is estimated to hold the highest share in the global animal wound care market owing to the rising adoption of the product in clinical and homecare settings.
The global animal wound care market is segmented into North America, Europe, Asia Pacific, Latin America and the Middle East and Africa. North America is projected to dominate the global animal wound care market due to a number of factors such as the rising pet adoption rates, increasing the prevalence of animal diseases especially zoonotic and infectious, increasing expenditure on animal health, a growing pool of veterinarians, increasing animal health awareness and a large number of hospitals & clinics. The Asia Pacific is the fastest emerging market due to large livestock animal pool, increasing incidences of animal disorders, increasing pet adoption rates, increasing awareness of animal welfare, rising disposable incomes and introduction of government initiatives are expected to contribute positively in the market’s growth.
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