Veterinary Electrosurgery Market by Product, Animal, Application, End User

Description

List of Tables

[189 Pages Report] The Veterinary Electrosurgery Market size was estimated at USD 97.92 million in 2023 and expected to reach USD 101.92 million in 2024, at a CAGR 4.01% to reach USD 129.00 million by 2030.

Veterinary electrosurgery is a surgical technique that harnesses electrical energy to incise, coagulate, fulgurate, and dissect tissues during various veterinary procedures for animals such as dogs, cats, equine species, and livestock, including cattle and pigs. This technology has emerged as an essential component of modern veterinary practice due to its numerous advantages, such as reduced blood loss, improved precision, and minimized tissue trauma. Moreover, the growing prevalence of chronic disease among pet and livestock populations and increased demand for effective animal healthcare options due to rising pet populations worldwide are increasing the need for veterinary electrosurgery. However, the high cost of acquiring electrosurgical units may deter small-to-medium-sized veterinary clinics from adopting this technology. Additionally, there is a lack of skilled professionals trained in electrosurgical techniques, particularly in developing countries where access to adequate training programs is limited, restricting the growth of the veterinary electrosurgery market. Furthermore, technological advancements leading to improved efficiency and precision in electrosurgical techniques resulting in reduced recovery time for animals post-surgery are expected to create lucrative opportunities for veterinary electrosurgery.

KEY MARKET STATISTICS
Base Year [2023]	USD 97.92 million
Estimated Year [2024]	USD 101.92 million
Forecast Year [2030]	USD 129.00 million
CAGR (%)	4.01%

Product: Adoption of bipolar electrosurgery for delicate tissue manipulation and coagulation in small animal surgeries

Bipolar electrosurgery is widely used for delicate tissue manipulation and coagulation in small animal surgeries. It uses two electrodes to pass current through the tissue, leading to less thermal damage than monopolar electrosurgery. Monopolar electrosurgery is the most commonly used method in veterinary medicine due to its versatility and ability to perform various surgical tasks such as cutting, coagulation, and ablation. Although monopolar electrosurgery can cause more collateral tissue damage than bipolar, it is preferred for larger animal surgeries where precision is less critical and rapid hemostasis is more important. Furthermore, consumables & accessories are essential components of any electrosurgical procedure, including electrodes, forceps tips, cables, smoke evacuator filters, gels for grounding pads, or return electrodes, resulting in efficient energy delivery without compromising safety or performance. Electrosurgical units are used in veterinary surgeries to generate high-frequency energy in the animal's tissue during cut tissue, which controls bleeding by causing coagulation. In addition, a grounding plate is used to avoid accidental burns to the animal. Additionally, various sizes and shapes of tissue forceps have been developed to enable the handling of tissues during surgery. Using oxygen generators for veterinary surgery allows oxygen supply to be available quickly and efficiently, disposing of any animal risk.

Animal: High use of veterinary electrosurgery in large animals for precise cutting with minimal tissue damage and quick patient recovery rates

Veterinary electrosurgery is used for large animals such as cattle, horses, sheep, and pigs for efficient and safe procedures for mass operations such as castration, dehorning, and tumor removal. Veterinarians prefer electrosurgical devices that provide precise cutting with minimal tissue damage while ensuring quick patient recovery rates. Besides, the small animal segment comprises pets such as cats and dogs and exotic species such as birds and reptiles. Veterinarians require electrosurgical units with higher precision due to smaller anatomical structures and often more delicate tissues. Minimal collateral damage during surgery is crucial to ensure faster healing times for these patients.

Application: Increasing use of veterinary electrosurgery in gynecological & urological, and ophthalmic procedures for minimal tissue damage and better hemostasis control during surgical intervention

Veterinary electrosurgical units are extensively used in dental surgery for procedures such as gingivectomy, periodontal surgeries, and oral tumor removal. These devices offer precise tissue cutting, minimal blood loss, and reduced postoperative pain for animal patients. General surgery encompasses various surgical procedures involving various animal body systems. Veterinary electrosurgery devices are used for tumor removal, wound management, and digestive system surgeries. Veterinary electrosurgery is employed in gynecological and urological procedures such as spaying/neutering, hysterectomy, cystotomy, and urethral obstruction management. The advantages include minimal tissue damage and better hemostasis control during surgical intervention, reducing the patient's recovery time. Veterinary ophthalmic electrosurgery is vital for treating various eye conditions such as entropion, ectropion, cherry eye, and corneal ulcer debridement. Electrosurgical units offer precise tissue manipulation with minimal collateral damage during delicate ophthalmic surgeries. In veterinary patients, electrosurgery is crucial in orthopedic procedures such as fracture repair, joint surgery, arthroscopy, and bone tumor removal. Electrosurgical devices ensure accuracy while minimizing blood loss and postoperative complications.

End User: High preference for veterinary electrosurgery by veterinary clinics for efficient and reliable electrosurgical equipment in their daily practice

Veterinary clinics prioritize efficient and reliable electrosurgical equipment in their daily practice to provide effective treatment and surgical services for animals, including pets, livestock, and exotic species. The demand for veterinary electrosurgery is often driven by the clinic's size, case density, and specialization. Veterinary hospitals have more complex requirements compared to clinics due to their higher caseloads, diverse patient profiles, specialized surgeries, and emergency services availability round the clock. Consequently, they necessitate highly sophisticated electrosurgical systems with a broader range of operative modes tailored to specific animal needs. Such devices integrate with modern imaging systems such as endoscopes and advanced bipolar forceps to perform minimally invasive animal surgeries.

Regional Insights

The Americas is a major market for veterinary electrosurgery owing to a high pet population requiring improved care and increasing awareness about animal healthcare. The U.S. and Canada account for an advancing market with quality veterinary healthcare facilities and many certified veterinarians. Key companies have headquarters in the region, focusing on developing innovative electrosurgical devices by investing heavily in research and development activities. Asia is experiencing rapid growth in the veterinary electrosurgery market due to its booming pet industry. Countries such as China, India, Japan, South Korea, and Australia have witnessed increased pet ownership and heightened awareness regarding animal welfare. However, there are gaps in skilled veterinarians compared to Western counterparts, thus creating opportunities for foreign firms to provide specialized training programs by partnering with local institutions. Production-wise, Asian countries are emerging as manufacturing hubs for low-cost electrosurgical devices catering mainly to regional markets. Europe has a strong presence of major players investing heavily in research and development activities to bring novel electrosurgical devices to the market. In Europe, production facilities are more inclined towards manufacturing high-quality devices that adhere to strict regulatory requirements set by European authorities, leading to premium-priced electrosurgery products targeting advanced veterinary clinics or hospitals providing specialized surgical care for animals within the region.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Veterinary Electrosurgery Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Veterinary Electrosurgery Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Veterinary Electrosurgery Market, highlighting leading vendors and their innovative profiles. These include Avante Health Solutions, B. Braun SE, Beijing Jinhengwei Technology development Co., Ltd., Bergen Group of Companies, BonART CO., LTD, CONMED Corporation, Covetrus Inc., Cynosure, Delmarva 2000, Dispomed Ltd, Eickemeyer Veterinary Equipment Limited, Integra LifeSciences Holdings Corporation, Jorgensen Laboratories, LLC, Kwanza Veterinary, LED SpA, Macan Manufacturing, Medtronic PLC, New Gen Medical Systems, Olympus Corporation, Orlox Instruments, Photon Surgical Systems Ltd, Pioneer Veterinary Products Ltd, Symmetry Surgical Inc., Vetmax, LLC, XcelLance Medical Technologies Pvt. Ltd., and Xuzhou AKX Electronic Science and Technology Co., Ltd..

Market Segmentation & Coverage

This research report categorizes the Veterinary Electrosurgery Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product
- Bipolar Electrosurgery Instruments
- Consumables & Accessories
- Monopolar Electrosurgery Instruments

Animal
- Large
- Small

Application
- Dental Surgery
- General Surgery
- Gynecological & Urological Surgery
- Ophthalmic Surgery
- Orthopedic Surgery

End User
- Veterinary Clinic
- Veterinary Hospital

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Veterinary Electrosurgery Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Veterinary Electrosurgery Market?

3. What are the technology trends and regulatory frameworks in the Veterinary Electrosurgery Market?

4. What is the market share of the leading vendors in the Veterinary Electrosurgery Market?

5. Which modes and strategic moves are suitable for entering the Veterinary Electrosurgery Market?

Product Code: MRR-034B5003038E

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing prevalence of chronic disease among pet and livestock population
  - 5.1.1.2. Government initiatives raising awareness about animal health worldwide
- 5.1.2. Restraints
  - 5.1.2.1. High cost associated with surgery and lack of skilled professionals
- 5.1.3. Opportunities
  - 5.1.3.1. Introduction of new and innovative veterinary electrosurgery systems
  - 5.1.3.2. Emergence of advanced veterinary units and improved vet insurance scenario
- 5.1.4. Challenges
  - 5.1.4.1. Risks are associated with the use of electrosurgery for animals
5.2. Market Segmentation Analysis
- 5.2.1. Product: Adoption of bipolar electrosurgery for delicate tissue manipulation and coagulation in small animal surgeries
- 5.2.2. Animal: High use of veterinary electrosurgery in large animals for precise cutting with minimal tissue damage and quick patient recovery rates
- 5.2.3. Application: Increasing use of veterinary electrosurgery in gynecological & urological, and ophthalmic procedures for minimal tissue damage and better hemostasis control during surgical intervention
- 5.2.4. End User: High preference for veterinary electrosurgery by veterinary clinics for efficient and reliable electrosurgical equipment in their daily practice
5.3. Market Trend Analysis
- 5.3.1. Robust presence of significant market players involved in developing animal health infrastructure with the help of government initiative in the Americas
- 5.3.2. Supportive government regulations elevating the standards of animal healthcare and well-being in APAC
- 5.3.3. Accessibility to advanced electrosurgical equipment with training in Europe and emerging investment in the veterinary healthcare sector in Middle East and Africa
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework Analysis

6. Veterinary Electrosurgery Market, by Product

6.1. Introduction
6.2. Bipolar Electrosurgery Instruments
6.3. Consumables & Accessories
6.4. Monopolar Electrosurgery Instruments

7. Veterinary Electrosurgery Market, by Animal

7.1. Introduction
7.2. Large
7.3. Small

8. Veterinary Electrosurgery Market, by Application

8.1. Introduction
8.2. Dental Surgery
8.3. General Surgery
8.4. Gynecological & Urological Surgery
8.5. Ophthalmic Surgery
8.6. Orthopedic Surgery

9. Veterinary Electrosurgery Market, by End User

9.1. Introduction
9.2. Veterinary Clinic
9.3. Veterinary Hospital

10. Americas Veterinary Electrosurgery Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Veterinary Electrosurgery Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Veterinary Electrosurgery Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Norway
12.11. Poland
12.12. Qatar
12.13. Russia
12.14. Saudi Arabia
12.15. South Africa
12.16. Spain
12.17. Sweden
12.18. Switzerland
12.19. Turkey
12.20. United Arab Emirates
12.21. United Kingdom

13. Competitive Landscape

13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
- 13.3.1. Covetrus Inc. and Vetcor Expand Strategic Partnership with Multi-Year Agreement
- 13.3.2. GoodVets Announces Strategic Growth Investment from General Atlantic to Fuel Continued Expansion Veterinary Care Platform
- 13.3.3. Manitoba's veterinary services districts receive CA$2 million investment
- 13.3.4. Veritas Veterinary Partners Expands Presence to Southern California With Addition of Veterinary Surgical Specialists

14. Competitive Portfolio

14.1. Key Company Profiles
14.2. Key Product Portfolio