The global animal wound care market size is expected to reach USD 1.82 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a lucrative CAGR of 6.92% from 2023 to 2030. Key factors driving the industry growth include the rising adoption of companion animals, increasing pet population, increasing demand for veterinary surgeries, and rising animal injury cases. The global population of companion animals has also increased. In November 2021, the American Veterinary Medical Association (AVMA) reported that the companion animal population increased significantly from 2016 to 2020. As per the article, there were an estimated 76.8 million dogs in 2016 in the U.S., which increased to 83.7 million in 2020.
There was a similar increase in the pet cat population, from 58.4 million in 2016 to 60 million in 2020. As per the European FEDIAF, in 2021, there were nearly 113.5 million cats and 92.9 million dogs in Europe. Thus, the constantly rising pet population and respective adoption rates of dogs & cats are driving the industry. In addition, animals like dogs are more likely to sustain minor or major injuries. Accidental trauma to dogs is one of the more frequent types of injury incidents that are documented. Major trauma, such as bone fractures, internal & external injuries, hemorrhage & organ trauma, joint dislocations, brain trauma, and skin wounds including rashes, are frequently caused by car accidents. In the United States, each year, over 10,000 accidents, involving dogs, are reported, some of which result in damage or even the death of animals.
Gather more insights about the market drivers, restrains and growth of the Global Animal Wound Care Market
The U.S. Department of Transportation estimates that each year, over 1 million animals pass away on roads. On the other hand, dog fights or attacks can cause severe wounds in the skin and soft tissues, as the teeth can puncture deep into the underlying tissues, muscles, and organ walls. Untrained pets are more likely to get cuts, scrapes, and minor wounds frequently. Animals get injured in various scenarios, which can be severe and require immediate veterinary wound care for stitches, infection prevention, etc. Thus, with the increasing pet adoption and animal population globally, the demand for veterinary wound care & surgeries is also rising. This is expected to boost industrial development. Moreover, rising disposable income is expected to fuel the market growth during the forecast period.
Animal Wound Care Market Report Highlights
The companion animal segment held a dominant revenue share in 2022 owing to the high pet adoption & humanization trends and growing pet healthcare expenditure
The surgical wound care product segment is expected to dominate the industry over the forecast period due to rising usage of skin staplers due to their benefits including ease of use, shorter surgical times, and simplicity of removal
The veterinary hospitals & clinics segment held the largest revenue share in 2022 owing to the benefits, such as faster diagnosis and easy access & availability of various treatments in these settings
North America is expected to remain dominant throughout the forecast period due to an increase in efforts by major players to advance their product portfolios by guaranteeing high-quality standards
Browse through Grand View Research's Animal Health Industry Research Reports.
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Animal Wound Care Market Segmentation
Grand View Research has segmented the global animal wound care market on the basis of product, animal type, end-use, distribution channel, and region:
Animal Wound Care Product Outlook (Revenue, USD Million, 2018 - 2030)
Surgical Wound Care Products
Advanced Wound Care Products
Traditional Wound Care Products
Therapy Devices
Animal Wound Care Animal Type Outlook (Revenue, USD Million, 2018 - 2030)
Companion Animals
Livestock Animals
Animal Wound Care End-use Outlook (Revenue, USD Million, 2018 - 2030)
Veterinary Hospitals/Clinics
Homecare
Research Institutes
Animal Wound Care Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)
Retail
E-commerce
Veterinary Hospitals/Clinics
Animal Wound Care Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
Europe
Asia Pacific
Latin America
MEA
Order a free sample PDF of the Animal Wound Care Market Intelligence Study, published by Grand View Research.
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