"Designing Growth Strategies is in our DNA"

Veterinary Surgical Instruments Market Size, Share & Industry Analysis, By Animal (Livestock, Companion), By Product (Forceps, Surgical Scissors, Retractors), By Application (Gynecology, Orthopedic Surgery, Dental Surgery, Others), By End-user (Veterinary Hospitals, Veterinary Clinics, Others) and Regional Forecast, 2019-2026

Region : Global | Report ID: FBI101520 | Status : Ongoing

 

KEY MARKET INSIGHTS

The veterinary surgical instruments are designed based on their functions that include holding, pulling, clamping, cutting, crushing, and closing a wound. Surgical instruments are classified into different types based on their design and function. They are made of austenitic or martensitic stainless steel.


Austenitic stainless steel is commonly used to make retractors and suction tips. All surgical instruments need to be inspected for pitting, corrosion, and rustAs per National Pet Owners Survey Statistics 2019-2020, coducted by the American Pet Products Association, Inc., around 84.9 million homes own pets in U.S. Increasing number of per owners and increasing number of pet injuries are some of the factors driving the growth of the global veterinary surgical instruments market.


To gain extensive insights into the market, Request for Customization


Growing pet insurance coverage leading to increased adoption of companion animals, growing incidence of veterinary diseases and technological advancements in surgical instruments are some of the factors anticipated to contribute to the growth of the veterinary surgical instruments market. For instance, according to a report by the Australian and American Veterinary Dental Societies, in 2017, more than 70.0% of cats and 80.0% of dogs developed gum diseases at the age of three.


The increasing number pet suffering serious gum diseases is subsequently leading to rise in number of dental surgeries. This is one of the factor expected to drive the demand for veterinary surgical instruments and anticipated to boost the market growth. Moreover, mounting cases of soft tissue injuries and trauma surgeries among pets, technological advancements in the veterinary surgical instruments and increased animal healthcare expenditure are some of the factors expected to drive the growth of the global veterinary surgical instruments market.


On the flip side, the lack of animal health awareness, stringent regulatory guidelines associated with safety, efficacy, and accuracy of the veterinary surgical instruments and shortage of skilled veterinarians in emerging countries are some of the factors restraining the global veterinary surgical instruments market growth.


Key Players Covered


The major companies covered in the global veterinary surgical instruments market report include STERIS plc., DRE Veterinary, B. Braun Melsungen AG, World Precision Instruments., Surgical Holdings., Integra LifeSciences, GerMedUSA, EICKEMEYER VETERINARY EQUIPMENT LTD. and other prominent players.


Segmentation






























 ATTRIBUTE


 DETAILS

By Animal




  • Livestock

  • Companion



By Product




  • Forceps

  • Surgical Scissors

  • Retractors

  • Electrosurgery Instruments

  • Dental Instruments

  • Others



By Application




  • Gynecology

  • Orthopedic Surgery

  • Dental Surgery

  • Others



By End-user




  • Veterinary Hospitals

  • Veterinary Clinics

  • Others



By Geography




  • 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)



As per the current veterinary surgical instruments market trends, electrosurgery among the product type accounted for largest market share in the global veterinary surgical instruments market owing to better precision and reduced haemorrhage. The increasing preference of minimally invasive surgeries is one of the major reason for the growth of the electrosurgery segment.


Key Insights



  • Technological Advancements in Veterinary Surgical Instruments

  • Regulatory Scenario for Key Countries

  • Pricing Analysis, Key Market Players

  • Key Mergers and Acquisitions


Regional Analysis


The global veterinary surgical instruments market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among the region, North America dominated the global veterinary surgical instruments market in 2018. Rising animal healthcare expenditure, growing number of veterinary practitioners, increase in number of adoption of companion animal and rising penetration of pet insurance and a well-established animal healthcare market are some of the factors expected to project the growth of the global veterinary surgical instruments market. Europe is anticipated to grow at a significant CAGR due to increased animal healthcare expenditure. According to a report by the European External Action Service (EEAS) in 2016, the European government invested USD 4.7 million in animal healthcare expenditure. Asia Pacific and Latin America is anticipated to grow at a significant CAGR during the forecast period of 2019-2026. The market in Latin America, is projected to register moderate CAGR during 2019-2026.


Veterinary Surgical Instruments Industry Developments



  • In February 2019, Orthomed launched medium size MMP wedge is 30mm long and gives an advancement of 7.5mm which is appropriate for typical Springers, Staffies and similar sized dogs.


Veterinary Surgical Instruments Market Size, Share and Global Industry Trend Forecast till 2026
  • Ongoing
  • 2019
  • 2016-2018

    CHOOSE LICENSE TYPE

  • 4850
    6850
    8850

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization

Healthcare Clients

Sedana-Cyan-Black-Tag
Abbott
lpsos
Intuitive_Surgical_logo
SUANFARMA

Client Testimonials

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info.
X