Global Animal Wound Care Report Thumbnail

Global Animal Wound Care Market by Product (Advanced, Surgical), by Animal Type (Livestock, Companion) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: MC-73528
  • Author: Up Market Research
  • Rating: 4.6
  • Total Reviews: 89
  • No. Of Pages: 209
  • Format:
  • Pub. Date: 2021-10-21
  • Share:

Summary of the Report

Global animal wound care market was worth USD 963 million in 2020. It is projected to grow at 6.4% compound annual growth rate (CAGR), between 2021 and 2028. Market growth is being driven by the rising adoption of companion animals as well as increasing demand for veterinary services. The market is also growing due to an increase in vet visits. According to IDEXX Laboratories, Inc., there were 315 million visits to the U.S. in 2019.

Due to strict lockdown norms, animals were forced to postpone and cancel elective surgeries, which resulted in a decrease in post-operative wounds. This affected the market growth. The market for animal wound treatment has seen a V-shaped recovery in the third quarter 2020, largely due to the return of pet clinic visits and the ease of norms. According to IDEXX U.S. clinic visits rose by 6% in the fourth quarter 2020 compared to the previous quarter. This is expected to lead to increased revenue growth during the forecast period.

The market is growing due to increased demand for animal protein, and improvements in wound care products. Santa Cruz Animal Health, for example, offers a variety of bovine supplies including topical hydrogels and advanced wound care products for cattle. Spectrum Antimicrobials, Inc. also launched Vetricept skin care and wound care products in December 2020 to expand its product line.

The revenue is also driven by strict government regulations related to pet health and well-being. It is against the law to willfully abandon, harm, injure, or maim an animal as per Canada's criminal code. There are laws in place for the care and treatment to farm animals. This is a support for growth. European federal legislation has mandated that animals be given post-operative care.

Companies are increasing their R&D activities, launching new products, and merging & buying to increase revenue. Sonoma Pharmaceuticals, for example, closed a USD 1.1million asset purchase agreement with MicroSafe Group in February 2020 for certain disinfection, woundcare and other animal health care products in Europe. Klorexivet was launched by Bioiberica in July 2019 for dogs and cats with superficial wounds.

Product Insights

In 2020, the surgical wound care products market dominated the animal wound care market and held the largest revenue share at 40.6%. Tissue adhesives and sutures are surgical wound care products. Skin staplers are becoming more popular due to their simplicity, affordability, ease of use, and ability to be removed quickly. Depending on the purpose, you can use either absorbable or non-absorbable stitches. Suture cassettes and surgical sutures are used in a variety of veterinary surgeries including neurological, orthopedic, and cardiovascular. They provide temporary support for wound healing. STERIS Corporation and DRE Veterinary are some of the major players who offer these devices.

Due to an increase in veterinary surgeries and the growing use of surgical wound products, the skin glue/tissue adhesives category held a significant revenue share for 2020. Tissue adhesives are used to bind tissues together, sometimes eliminating the need for stitches in veterinary procedures. This is driving segment growth. A few products that are not included in this list include Vetbond by 3M and Vetbond by 3M as well as GLUture by Zoetis and SwiftSet by Medtronic.

Information on Animal Types

In 2020, the market for animal wound treatment was dominated by the companion animal segment. It held the largest revenue share at 64.0%. These segments hold the dominant share due to growing pet healthcare spending in developed regions. One of the main factors driving the market in animal wound care is the increasing demand for non-invasive surgery. Modern surgery has many advantages, including smaller surgical wounds and fewer stitches. This gives pet owners confidence in opting for minimally invasive procedures.

Further growth is expected to be fueled by the rising incidence of chronic diseases in pets. Due to increasing osteoarthritis prevalence and dental conditions, there is an increased demand for surgery. According to APPA, the U.S. spent USD 32.3 billion on veterinary care in 2020. Due to growing awareness of high-quality products and increased demand for animal protein, the livestock animal segment will also see significant growth. According to Greenpeace NGO, in 2019, the EU provided subsidies ranging from USD 30.68 billion to USD 35.0 trillion to support large animals such as horses and livestock animals.

End-user insights

Due to their faster diagnosis and ability to provide treatment as soon as possible, veterinary clinics and hospitals dominated the animal wound care market. This segment is driven by the wide variety of treatment options and better wound care options available in veterinary clinics and hospitals. The number of guidelines and standards issued by various government animal welfare agencies for veterinary clinics and hospitals has increased the potential for segment growth in recent years.

Home care is expected to experience the greatest growth during the forecast period. Pet parents were more informed and trained about their pets' health thanks to the nation-wide lockdowns. This helped propel growth. Pet parents are able to manage minor injuries and wounds for their pets. Social isolation also contributed to an increase in pet adoption after COVID-19. In the U.S., shelters and private breeders reported high consumer demand post COVID-19. This helps to propel segment growth.

Distribution Channel Insights

Due to its accessibility and affordability, the veterinary hospitals and clinics market dominated animal wound care. They accounted for 51.2% of the total revenue in 2020. The spread of COVID-19 will likely limit growth in this segment. Pet owners can limit the number of non-emergency visits to the vet, which could help prevent the virus from spreading. This will also reduce the likelihood that the segment will grow.

E-commerce is expected to experience the fastest growth during the forecast period. This is due to several advantages, such as the convenience of e-commerce for patients who are not willing to buy wound care products at retail pharmacies or hospitals. The increasing penetration of smartphones across the globe is a positive sign. It allows for a better customer experience and bolsters the smartphone user population. E-commerce has seen a rise in popularity due to the increasing number of single-touch purchase options, smartphone adaptability, and user-friendly websites.

Regional Insights

North America was the dominant market for animal wound care products in 2020, accounting for 32.0% of the total revenue. Major players are expected to increase their product ranges and ensure high-quality standards to drive demand for wound care products. Elanco Animal Health, for instance, introduced a new flea treatment ointment in June 2020 to expand its product line.

The Asia Pacific region is expected to see a lucrative growth in the market for animal wound treatment over the forecast period. The availability of farm animals will be a major factor in the country's growth, as most countries are dependent on agriculture for their exports and production. The market growth is further fueled by increased awareness of livestock diseases. The probability of more people adopting companion animals increases with an increase in disposable income. This is increasing future growth opportunities. Market growth prospects are high due to regular updates of the healthcare infrastructure.

Market Share Insights & Key Companies

To gain a competitive edge in the animal wound care market, market players invest in strategies such as regional expansion, product launches and partnerships. To expand its geographic footprints, B. Braun Melsungen purchased STAVMED LLC Russia in June 2019 and added six dialysis centres to its provider offering.

To expand its product line in advanced wound care, and specialty surgical applications, 3M purchased Acelity, Inc. in October 2019. This acquisition was made under the KCI brand. The following are some of the most prominent players in animal wound care:

  • B. Braun Melsungen AG

  • Medtronic

  • 3M Company

  • Johnson & Johnson (Ethicon).

  • Virbac

  • Advancis Veterinary Ltd

  • Innovacyn, Inc.

  • Robinson Healthcare

  • NEOGEN Corporation

  • KeriCure, Inc.

  • Sonoma Pharmaceuticals, Inc.

Up Market Research published a new report titled “Animal Wound Care Market research report which is segmented by Product (Advanced, Surgical), by Animal Type (Livestock, Companion), By Players/Companies Virbac, Robinson Healthcare, B Braun Melsungen AG, NEOGEN Corporation, 3M Company, KeriCure Inc, Johnson & Johnson (Ethicon), Innovacyn Inc, Medtronic, Advancis Veterinary Ltd, Sonoma Pharmaceuticals Inc”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.


Report Scope

Report AttributesReport Details
Report TitleAnimal Wound Care Market Research Report
By ProductAdvanced, Surgical
By Animal TypeLivestock, Companion
By CompaniesVirbac, Robinson Healthcare, B Braun Melsungen AG, NEOGEN Corporation, 3M Company, KeriCure Inc, Johnson & Johnson (Ethicon), Innovacyn Inc, Medtronic, Advancis Veterinary Ltd, Sonoma Pharmaceuticals Inc
Regions CoveredNorth America, Europe, APAC, Latin America, MEA
Base Year2020
Historical Year2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year2028
Number of Pages209
Number of Tables & Figures147
Customization AvailableYes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Animal Wound Care Industry Outlook

Global Animal Wound Care Market Report Segments:

The market is segmented by Product (Advanced, Surgical), by Animal Type (Livestock, Companion).

Animal Wound Care Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Animal Wound Care Market

Overview of the regional outlook of the Animal Wound Care Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Animal Wound Care Market Overview

Highlights of The Animal Wound Care Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Animal Wound Care Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
        6. By Product:

                1. Advanced

                2. Surgical

        7. By Animal Type:

                1. Livestock

                2. Companion

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Animal Wound Care Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.


How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Animal Wound Care Market Trends

Reasons to Purchase the Animal Wound Care Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Animal Wound Care Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Animal Wound Care Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Animal Wound Care Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Animal Wound Care Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Animal Wound Care Market Size & Forecast, 2018-2028 
      4.5.1 Animal Wound Care Market Size and Y-o-Y Growth 
      4.5.2 Animal Wound Care Market Absolute $ Opportunity 


Chapter 5 Global Animal Wound Care Market Analysis and Forecast by Product
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Product
      5.1.2 Basis Point Share (BPS) Analysis by Product
      5.1.3 Absolute $ Opportunity Assessment by Product
   5.2 Animal Wound Care Market Size Forecast by Product
      5.2.1 Advanced
      5.2.2 Surgical
   5.3 Market Attractiveness Analysis by Product

Chapter 6 Global Animal Wound Care Market Analysis and Forecast by Animal Type
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Animal Type
      6.1.2 Basis Point Share (BPS) Analysis by Animal Type
      6.1.3 Absolute $ Opportunity Assessment by Animal Type
   6.2 Animal Wound Care Market Size Forecast by Animal Type
      6.2.1 Livestock
      6.2.2 Companion
   6.3 Market Attractiveness Analysis by Animal Type

Chapter 7 Global Animal Wound Care Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Animal Wound Care Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Animal Wound Care Analysis and Forecast
   9.1 Introduction
   9.2 North America Animal Wound Care Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Animal Wound Care Market Size Forecast by Product
      9.6.1 Advanced
      9.6.2 Surgical
   9.7 Basis Point Share (BPS) Analysis by Product 
   9.8 Absolute $ Opportunity Assessment by Product 
   9.9 Market Attractiveness Analysis by Product
   9.10 North America Animal Wound Care Market Size Forecast by Animal Type
      9.10.1 Livestock
      9.10.2 Companion
   9.11 Basis Point Share (BPS) Analysis by Animal Type 
   9.12 Absolute $ Opportunity Assessment by Animal Type 
   9.13 Market Attractiveness Analysis by Animal Type

Chapter 10 Europe Animal Wound Care Analysis and Forecast
   10.1 Introduction
   10.2 Europe Animal Wound Care Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Animal Wound Care Market Size Forecast by Product
      10.6.1 Advanced
      10.6.2 Surgical
   10.7 Basis Point Share (BPS) Analysis by Product 
   10.8 Absolute $ Opportunity Assessment by Product 
   10.9 Market Attractiveness Analysis by Product
   10.10 Europe Animal Wound Care Market Size Forecast by Animal Type
      10.10.1 Livestock
      10.10.2 Companion
   10.11 Basis Point Share (BPS) Analysis by Animal Type 
   10.12 Absolute $ Opportunity Assessment by Animal Type 
   10.13 Market Attractiveness Analysis by Animal Type

Chapter 11 Asia Pacific Animal Wound Care Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Animal Wound Care Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Animal Wound Care Market Size Forecast by Product
      11.6.1 Advanced
      11.6.2 Surgical
   11.7 Basis Point Share (BPS) Analysis by Product 
   11.8 Absolute $ Opportunity Assessment by Product 
   11.9 Market Attractiveness Analysis by Product
   11.10 Asia Pacific Animal Wound Care Market Size Forecast by Animal Type
      11.10.1 Livestock
      11.10.2 Companion
   11.11 Basis Point Share (BPS) Analysis by Animal Type 
   11.12 Absolute $ Opportunity Assessment by Animal Type 
   11.13 Market Attractiveness Analysis by Animal Type

Chapter 12 Latin America Animal Wound Care Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Animal Wound Care Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Animal Wound Care Market Size Forecast by Product
      12.6.1 Advanced
      12.6.2 Surgical
   12.7 Basis Point Share (BPS) Analysis by Product 
   12.8 Absolute $ Opportunity Assessment by Product 
   12.9 Market Attractiveness Analysis by Product
   12.10 Latin America Animal Wound Care Market Size Forecast by Animal Type
      12.10.1 Livestock
      12.10.2 Companion
   12.11 Basis Point Share (BPS) Analysis by Animal Type 
   12.12 Absolute $ Opportunity Assessment by Animal Type 
   12.13 Market Attractiveness Analysis by Animal Type

Chapter 13 Middle East & Africa (MEA) Animal Wound Care Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Animal Wound Care Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Animal Wound Care Market Size Forecast by Product
      13.6.1 Advanced
      13.6.2 Surgical
   13.7 Basis Point Share (BPS) Analysis by Product 
   13.8 Absolute $ Opportunity Assessment by Product 
   13.9 Market Attractiveness Analysis by Product
   13.10 Middle East & Africa (MEA) Animal Wound Care Market Size Forecast by Animal Type
      13.10.1 Livestock
      13.10.2 Companion
   13.11 Basis Point Share (BPS) Analysis by Animal Type 
   13.12 Absolute $ Opportunity Assessment by Animal Type 
   13.13 Market Attractiveness Analysis by Animal Type

Chapter 14 Competition Landscape 
   14.1 Animal Wound Care Market: Competitive Dashboard
   14.2 Global Animal Wound Care Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Virbac
      14.3.2 Robinson Healthcare
      14.3.3 B Braun Melsungen AG
      14.3.4 NEOGEN Corporation
      14.3.5 3M Company
      14.3.6 KeriCure Inc
      14.3.7 Johnson & Johnson (Ethicon)
      14.3.8 Innovacyn Inc
      14.3.9 Medtronic
      14.3.10 Advancis Veterinary Ltd
      14.3.11 Sonoma Pharmaceuticals Inc
Segments Covered in the Report
The global Animal Wound Care market has been segmented based on

By Product
  • Advanced
  • Surgical
By Animal Type
  • Livestock
  • Companion
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Virbac
  • Robinson Healthcare
  • B Braun Melsungen AG
  • NEOGEN Corporation
  • 3M Company
  • KeriCure Inc
  • Johnson & Johnson (Ethicon)
  • Innovacyn Inc
  • Medtronic
  • Advancis Veterinary Ltd
  • Sonoma Pharmaceuticals Inc

Buy Report