Animal Wound Care Global Market Report 2024

Description

“Animal Wound Care Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on animal wound care market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for animal wound care? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The animal wound care market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Product: Surgical Wound Care Products; Advanced Wound Care Products; Traditional Wound Care Products; Therapy Devices
2) By Animal: Companion Animals; Livestock Animals
3) By Distribution Channel: Retail; E-commerce
4) By End-Users: Veterinary Hospitals Or Clinics; Homecare; Other End Users
Companies Mentioned: B. Braun Melsungen AG; Medtronic plc; 3M Company; Johnson & Johnson; Virbac SA
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Animal wound care involves the management and treatment of wounds in animals, including pets such as cats and dogs, as well as livestock. Ensuring proper wound care is crucial for the health and well-being of animals, as wounds can cause pain and discomfort. This practice is commonly employed to facilitate healing and prevent infections in animal wounds.

The primary product categories within the realm of animal wound care include surgical wound care products, advanced wound care products, traditional wound care products, and therapy devices. Surgical wound care products encompass a variety of items designed for managing wounds resulting from surgical procedures. The range of animals covered includes both companion animals and livestock. These products are distributed through various channels such as retail and e-commerce and are utilized by diverse end-users, including veterinary hospitals or clinics, homecare, and others.

The animal wound care market research report is one of a series of new reports from The Business Research Company that provides animal wound care market statistics, including animal wound care industry global market size, regional shares, competitors with an animal wound care market share, detailed animal wound care market segments, market trends, and opportunities, and any further data you may need to thrive in the animal wound care industry. This animal wound care market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The animal wound care market size has grown strongly in recent years. It will grow from $1.2 billion in 2023 to $1.3 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The growth observed in the historical period can be attributed to several factors, including the upward trend in pet ownership, increased awareness and education about pet health, a rise in the adoption of pet insurance, and regulatory support within the industry.

The animal wound care market size is expected to see strong growth in the next few years. It will grow to $1.77 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%. The anticipated growth in the forecast period can be attributed to various factors, including the expanding pet population, a rise in veterinary expenditure, a heightened focus on preventive healthcare for animals, the emergence of new markets, and increased regulatory emphasis on animal welfare. Noteworthy trends expected in the forecast period include technological advancements in the field, a continued focus on preventive care, the growing popularity of natural and organic products, the integration of telemedicine in veterinary care, and the development of customized treatment plans for pets.

The surge in pet adoption rates is poised to drive the expansion of the animal wound care market in the foreseeable future. Pet adoption involves acquiring animals through rescue groups rather than purchasing them from pet stores or breeders. Pet adopters seek comprehensive wound care solutions to safeguard their pets from various injuries and emergencies, thus elevating the demand for products in the animal wound care market. For example, Chewy Inc., an online retailer in the US specializing in pet products, reported a record-breaking adoption rate of around 977,202 pets in the US in 2021, marking a 61% adoption rate, the highest in six years. Moreover, based on a national survey published by Animal Medicines Australia (AMA) in November 2022, approximately half of Australian households own at least one dog, constituting the most common pet, with 48% of households having dogs in 2022. Hence, the upward trend in pet adoption significantly propels the animal wound care market.

The escalating expenditure on pets is expected to drive the growth of the animal wound care market moving forward. Pet expenditure encompasses the total financial outlay individuals or households allocate toward the care, well-being, and maintenance of their pets. Pet owners increasingly demonstrate a willingness to invest in their pets' health and overall well-being, including wound care solutions that aid in quicker healing and reduced discomfort for their pets. For instance, as of November 2023, statistics from the Bureau of Labor Statistics in the US revealed that pet-related expenses had surged to $102.8 billion by the close of 2021. Consequently, the mounting pet expenditure significantly fuels the growth trajectory of the animal wound care market.

Innovation has become a prominent trend in the animal wound care market, with key industry players focusing efforts on developing pioneering products to solidify their market position. For instance, in March 2021, Axio Solutions, an India-based medical technology company specializing in deep-science innovations, introduced SureKlot, an advanced line of animal wound care products. These groundbreaking products utilize proven technology to arrest uncontrollable bleeding, decontaminate wounds, and expedite the healing process in animals. Notably, SureKlot ensures painless removal, prioritizing a comfortable experience for the animals it treats.

Leading companies within the animal wound care market are directing attention toward innovations such as regenerative technology to drive market revenues. Regenerative technology encompasses a broad spectrum of technologies designed to restore, renew, or enhance damaged or deteriorated systems. For example, in January 2023, Zarasyl, an Ireland-based provider specializing in skincare solutions for equine and companion animals, launched the Companion Animal Solution specifically for skin and wound care. This cutting-edge solution harnesses regenerative technology's potential to offer a comprehensive range of targeted treatments for diverse canine and feline conditions. Leveraging the body's natural healing capabilities, the Companion Animal Solution aids in regenerating damaged tissues and expedites recovery for ailments such as arthritis, ligament tears, and muscle strains.

In September 2021, NEOGEN Corporation, a US-based manufacturer specializing in animal safety products, successfully acquired CAPInnoVet Inc for an undisclosed amount. This strategic move aligns with NEOGEN Corporation's broader strategy to expand its presence in the animal safety sector and enhance its position within the companion animal health market. Through this acquisition, NEOGEN Corporation aims to access CAPInnoVet's product portfolio, which includes medications designed for treating allergies, arthritis, and other prevalent conditions in companion animals. CAPInnoVet Inc., based in the United States, is a company that supplies pet medications to the veterinary market, offering a diverse range of products catering to the health needs of dogs and cats.

Major companies operating in the animal wound care market report are B. Braun Melsungen AG, Medtronic plc, 3M Company, Johnson & Johnson, Virbac SA, Advancis Veterinary Ltd., Innovacyn Inc., Vernacare Limited, Neogen Corporation, KeriCure Inc., Sonoma Pharmaceuticals Inc., Elanco Animal Health Incorporated, Dechra Pharmaceuticals PLC, Jørgen Kruuse A/S, Robinson Healthcare Limited, Sentrx Animal Care Inc., Ethicon Inc., BioNote Inc., Heska Corporation, IDEXX Laboratories Inc., IDvet, Randox Laboratories Ltd., BioCure Inc., VetCare Inc., VetStem Biopharma Inc., VetCell Therapeutics PBC, VetWound Inc., VetMedWound LLC, VetDerm Solutions, VetHeal

North America was the largest region in the animal wound care market in 2023. The regions covered in the animal wound care market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the animal wound care market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The animal wound care market consists of the sale of various wound care products such as tapes, bandages, dressing, and absorbents. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r11512

1. Executive Summary

2. Animal Wound Care Market Characteristics

3. Animal Wound Care Market Trends And Strategies

4. Animal Wound Care Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market
4.2. Ukraine-Russia War Impact On the Market
4.3. COVID-19 Impact On the Market

5. Global Animal Wound Care Market Size and Growth

5.1. Global Animal Wound Care Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Animal Wound Care Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Animal Wound Care Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Animal Wound Care Market Segmentation

6.1. Global Animal Wound Care Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Surgical Wound Care Products
Advanced Wound Care Products
Traditional Wound Care Products
Therapy Devices
6.2. Global Animal Wound Care Market, Segmentation By Animal, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Companion Animals
Livestock Animals
6.3. Global Animal Wound Care Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Retail
E-commerce
6.4. Global Animal Wound Care Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Veterinary Hospitals Or Clinics
Homecare
Other End Users

7. Animal Wound Care Market Regional And Country Analysis

7.1. Global Animal Wound Care Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Animal Wound Care Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Animal Wound Care Market

8.1. Asia-Pacific Animal Wound Care Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Animal Wound Care Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Animal Wound Care Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Animal Wound Care Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Animal Wound Care Market

9.1. China Animal Wound Care Market Overview
9.2. China Animal Wound Care Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Animal Wound Care Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Animal Wound Care Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Animal Wound Care Market

10.1. India Animal Wound Care Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Animal Wound Care Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Animal Wound Care Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Animal Wound Care Market

11.1. Japan Animal Wound Care Market Overview
11.2. Japan Animal Wound Care Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Animal Wound Care Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Animal Wound Care Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Animal Wound Care Market

12.1. Australia Animal Wound Care Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Animal Wound Care Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Animal Wound Care Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Animal Wound Care Market

13.1. Indonesia Animal Wound Care Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Animal Wound Care Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Animal Wound Care Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Animal Wound Care Market

14.1. South Korea Animal Wound Care Market Overview
14.2. South Korea Animal Wound Care Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Animal Wound Care Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Animal Wound Care Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Animal Wound Care Market

15.1. Western Europe Animal Wound Care Market Overview
15.2. Western Europe Animal Wound Care Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Animal Wound Care Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Animal Wound Care Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Animal Wound Care Market

16.1. UK Animal Wound Care Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Animal Wound Care Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Animal Wound Care Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Animal Wound Care Market

17.1. Germany Animal Wound Care Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Animal Wound Care Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Animal Wound Care Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Animal Wound Care Market

18.1. France Animal Wound Care Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Animal Wound Care Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Animal Wound Care Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Animal Wound Care Market

19.1. Italy Animal Wound Care Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Animal Wound Care Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Animal Wound Care Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Animal Wound Care Market

20.1. Spain Animal Wound Care Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Animal Wound Care Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Animal Wound Care Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Animal Wound Care Market

21.1. Eastern Europe Animal Wound Care Market Overview
21.2. Eastern Europe Animal Wound Care Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Animal Wound Care Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Animal Wound Care Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Animal Wound Care Market

22.1. Russia Animal Wound Care Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Animal Wound Care Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Animal Wound Care Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Animal Wound Care Market

23.1. North America Animal Wound Care Market Overview
23.2. North America Animal Wound Care Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Animal Wound Care Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Animal Wound Care Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Animal Wound Care Market

24.1. USA Animal Wound Care Market Overview
24.2. USA Animal Wound Care Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Animal Wound Care Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Animal Wound Care Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Animal Wound Care Market

25.1. Canada Animal Wound Care Market Overview
25.2. Canada Animal Wound Care Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Animal Wound Care Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Animal Wound Care Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Animal Wound Care Market

26.1. South America Animal Wound Care Market Overview
26.2. South America Animal Wound Care Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Animal Wound Care Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Animal Wound Care Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Animal Wound Care Market

27.1. Brazil Animal Wound Care Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Animal Wound Care Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Animal Wound Care Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Animal Wound Care Market

28.1. Middle East Animal Wound Care Market Overview
28.2. Middle East Animal Wound Care Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Animal Wound Care Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Animal Wound Care Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Animal Wound Care Market

29.1. Africa Animal Wound Care Market Overview
29.2. Africa Animal Wound Care Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Animal Wound Care Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Animal Wound Care Market, Segmentation By End-Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Animal Wound Care Market Competitive Landscape And Company Profiles

30.1. Animal Wound Care Market Competitive Landscape
30.2. Animal Wound Care Market Company Profiles
- 30.2.1. B. Braun Melsungen AG
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Medtronic plc
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. 3M Company
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Johnson & Johnson
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Virbac SA
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Animal Wound Care Market Competitive Benchmarking

32. Global Animal Wound Care Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Animal Wound Care Market

34. Animal Wound Care Market Future Outlook and Potential Analysis

34.1 Animal Wound Care Market In 2028 - Countries Offering Most New Opportunities
34.2 Animal Wound Care Market In 2028 - Segments Offering Most New Opportunities
34.3 Animal Wound Care Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer