Animal Wound Care Market Poised for Robust Growth, forecasted to Expand at 8.5% CAGR from 2024-30

MarkNtel Advisors has released its latest report highlighting strong growth in The Global Animal Wound Care Market size was valued at around USD 1.24 billion in 2023 & is estimated to grow at a CAGR of about 8.5% during the forecast period, i.e., 2024–30.

Report Coverage

This report offers a comprehensive analysis of the Animal Wound Care Market, providing valuable insights across historical trends, current dynamics, and future forecasts.

• Base Year: 2023
• Forecast Years: 2024-30
• Historical Years: 2019-22

Animal Wound Care Market Overview

The expanding embrace of pets, advancing veterinary healthcare research, and escalating spending on animal healthcare are driving the need for animal wound care products. With pet owners placing a premium on the health and welfare of their animals, there's a growing call for state-of-the-art wound care items and therapies, spurring market expansion. Nevertheless, factors like the heightened costs of pet care in developing regions present challenges, yet the animal wound care market, with its innovative advancements in wound management products, holds promise for impacting animal healthcare and welfare positively.

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Animal Wound Care Market Segmentation Outlook

The Animal Wound Care is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

By Product

• Surgical Wound Care Products- Market Size & Forecast 2019-2030, (USD Million)
  • Sutures and Staplers- Market Size & Forecast 2019-2030, (USD Million)
  • Tissues Adhesives, Sealants, and Glues- Market Size & Forecast 2019-2030, (USD Million)
• Advanced Wound Care Products- Market Size & Forecast 2019-2030, (USD Million)
  • Foam Dressings- Market Size & Forecast 2019-2030, (USD Million)
  • Hydrocolloid Dressings- Market Size & Forecast 2019-2030, (USD Million)
  • Film Dressings- Market Size & Forecast 2019-2030, (USD Million)
  • Hydrogel Dressings- Market Size & Forecast 2019-2030, (USD Million)
  • Others- Market Size & Forecast 2019-2030, (USD Million)
• Traditional Wound Care Products- Market Size & Forecast 2019-2030, (USD Million)
  • Tapes- Market Size & Forecast 2019-2030, (USD Million)
  • Dressings- Market Size & Forecast 2019-2030, (USD Million)
  • Bandages- Market Size & Forecast 2019-2030, (USD Million)
  • Absorbents- Market Size & Forecast 2019-2030, (USD Million)
  • Others- Market Size & Forecast 2019-2030, (USD Million)
• Therapy Devices- Market Size & Forecast 2019-2030, (USD Million)

By Animal Type

• Companion Animals- Market Size & Forecast 2019-2030, (USD Million)
  • Dogs- Market Size & Forecast 2019-2030, (USD Million)
  • Cats- Market Size & Forecast 2019-2030, (USD Million)
  • Horses- Market Size & Forecast 2019-2030, (USD Million)
  • Others- Market Size & Forecast 2019-2030, (USD Million)
• Livestock Animals- Market Size & Forecast 2019-2030, (USD Million)
  • Cattle- Market Size & Forecast 2019-2030, (USD Million)
  • Pigs- Market Size & Forecast 2019-2030, (USD Million)
  • Poultry- Market Size & Forecast 2019-2030, (USD Million)
  • Others- Market Size & Forecast 2019-2030, (USD Million)

By End-User

• Hospitals & Clinics- Market Size & Forecast 2019-2030, (USD Million)
• Home Care Settings- Market Size & Forecast 2019-2030, (USD Million)

By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

Animal Wound Care Market Driver

Rising Awareness of Animal Health – The growing consciousness surrounding animal health has emerged as a key factor fueling the expansion of the animal wound care market. With a rise in pet ownership and heightened demand for livestock production, there's an increasing acknowledgment of the importance of preserving optimal health in animals. According to the American Veterinary Medical Association Report, it has been observed that a significant rise in pet ownership in the U.S. reached around 75 million dogs and 80 million cats in domiciliary areas. This rising population of pets results in a greater emphasis on veterinary care, specifically for wound and injury treatment.

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Top Animal Wound Care Market Brands & Their Strategic Market Positioning

MarkNtel Advisors Research identifies Elanco Animal Health, 3M Company, Medtronic PLC, B. Braun Melsungen Ag, Virbac, Neogen Corporation, Jorgen Kruuse A/S, Sonoma Pharmaceuticals Inc., Ehicon, Inc., Dechra Pharmaceuticals, Jazz Medical, LLC, Smith & Nephew PLC, Care-Tech Laboratories, Inc., Others as key players shaping the market landscape.

Animal Wound Care Market News

• 2023: Elanco announced the complete acquisition of Nutriquest-marketed products, pipeline products, and inventories, along with workforces based in the United States. This acquisition rendered help to Elanco for the expansion of its commercialized offerings for the nutritional health of swine, poultry, and cattle, as well as experimenting with antibiotic alternatives for their better treatment.
• 2022: Elanco successfully handed over all of its assets in correspondence with the microbiome R&D platform to a newly created biopharmaceutical company named BiomEdit, which emphasized enhancing solutions and exploring products for the well-being of animals.

Key Questions Answered in the Report

• What is the market size (value & volume) along with the current & future trends, growth factors & challenges, etc.?
• How the industry has been evolving, and which segments would dominate the market during the forecast period?
• What are the key opportunity areas that companies foresee in the coming years 2030?
• Who are the key players in the market, and what are their competitive strengths?
• What are the key growth drivers & challenges associated with the market, and how would they impact the market through the forecast period?

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