Global Veterinary Surgical Instruments Market Analysis and Forecast 2023

Global Veterinary Surgical Instruments Market to Exceed USD 1.82 Billion by 2033

According to a research report published by Spherical Insights & Consulting, the Global Veterinary Surgical Instruments Market Size Expected to Grow from USD 1.02 Billion in 2023 to USD 1.82 Billion by 2033, at a CAGR of 5.9% during the forecast period 2023-2033.  

Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the “Global Veterinary Surgical Instruments Market Size, Share, and COVID-19 Impact Analysis, By Product (Handheld Devices, Sutures, and Staplers), By Application (Dental Surgeries, Orthopedic Surgeries, and Others), By Animal Type (Small Animals, Medium Animals, and Large Animals), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.” Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/veterinary-surgical-instruments-market

Veterinary surgical instruments have been designed based on functions such as holding, pulling, clamping, cutting, crushing, and closing of a wound. There are classified surgical instruments of various kinds describing their design and work. They are of either austenitic or martensitic stainless steel. The phenomenal increase in pet ownership with corresponding expenditure in healthcare for animals has fuelled the growth of veterinary surgical instruments in the market on a global scale. Thus, the growth in the veterinary surgical instruments market is directly reflective of broader recognition of the importance that health and wellness plays within the animal companion sector. As steady spending on veterinary care and products indicates a consistent pursuit of higher standards of pet care, the market will be growth oriented in the near future. High expense with veterinary surgical procedures presents the main restraint for the global veterinary surgical instruments market. These costs can be too high for some pet owners, thus limiting the frequency and willingness to opt for surgical interventions unless absolutely necessary.

The handheld devices segment is projected to hold the largest share of the market during the forecast period.

On the basis of product, the global veterinary surgical instruments market is categorized into handheld devices, sutures, and staplers. Among these, the handheld devices segment is projected to hold the largest share of the market during the forecast period. The handheld devices include a wide variety of manual surgical instruments, each serving a specific purpose for specific veterinary medicine specialties and procedures. They are crafted to the highest standards of precision and performance using the best materials available, such as stainless steel and titanium.

The orthopedic surgeries segment is expected to grow at the fastest CAGR during the forecast period.

On the basis of application, the global veterinary surgical instruments market is categorized into dental surgeries, orthopedic surgeries, and others. Among these, the orthopedic surgeries segment is expected to grow at the fastest CAGR during the forecast period. The orthopedic surgeries segment is driven due to an increasing number of animal hospitals and a huge demand for orthopedic surgery procedures. Specialists are equipped with bespoke implants and more accurate surgical guides tailored precisely for a pet’s anatomy. This innovation maximizes surgical accuracy, leads to less recovery time, and increases demand for advanced veterinary surgical instruments, especially within complex orthopedic surgery cases.

The small animals segment is projected to hold the largest share of the market during the forecast period.

Based on the animal type, the global veterinary surgical instruments market is categorized into small animals, medium animals, and large animals. Among these, the small animal’s segment is projected to hold the largest share of the market during the forecast period. The steadily increasing pet adoption trends and the increasing outlay of pet owners on their pet care will fuel the growth in the market. Therefore, pet insurance will help the pet parents save their pocket expenses.

North America is projected to hold the largest share of the global veterinary surgical instruments market over the forecast period.

North America is projected to hold the largest share of the global veterinary surgical instruments market over the forecast period. High pet ownership rates, the sophisticated veterinary healthcare infrastructure, and an ever-rising demand for specialty procedures and technology within North America act as the key drivers in the region. Technological advancements, coupled with key players in the market and favorable reimbursement policies, continue to push this veterinary surgical instrument market in North America forward.

Asia-Pacific region is expected to grow at the fastest CAGR during the forecast period. The humanization of pets and rising animal welfare awareness, this is going to drive the Asia Pacific market over the forecast period. Japan accounted for a substantial share of the regional market due to the swift adoption of new techniques including advanced diagnostic services and the ever-increasing geriatric pet population. Several dogs and cats are living to the mean age of 12 to 13 years in Japan. Increasing cases of chronic disorders in animals drive the demand for surgical interventions.

Major vendors in the global veterinary surgical instruments market are B. Braun SE, Jørgen Kruuse A/S, Steris, Avante Animal Health, Jorgensen Laboratories, Vimian: Movora, J&J, Medtronic, Integra LifeSciences, Arthrex, Inc., Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In July 2024, Integra LifeSciences reported an 11.3% growth in total revenues for its Codman Specialty Surgical segment, which includes veterinary surgical instruments. 

Market Segment

• This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global veterinary surgical instruments market based on the below-mentioned segments: 

Global Veterinary Surgical Instruments Market, By Product

• Handheld Devices
• Sutures
• Staplers

Global Veterinary Surgical Instruments Market, By Application

• Dental Surgeries
• Orthopedic Surgeries
• Others

Global Veterinary Surgical Instruments Market, By Animal Type

• Small Animals
• Medium Animals
• Large Animals

Global Veterinary Surgical Instruments Market, Regional

• North America
  
  
• Europe

  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe

• Asia Pacific

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific

• South America

  • Brazil
  • Argentina
  • Rest of South America

• Middle East & Africa

  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company’s mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

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