About Animal Wound Care
Animal wound care refers to proper care of companions and livestock animals in order to heal the injuries suffered by them. It includes proper medication, surgical operations if required, bandaging of injured parts and others preventive and healing remedies. Rising number of companion animals fueled by growing animal care expenditure and affordable insurance policies are supplementing the growth of the very market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Animal Wound Care market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
3M Company (United States), B Braun Melsungen AG ( Germany), Ethicon Inc. (Johnson & Johnson) (United States), Medtronic PLC (Ireland), Jørgen Kruuse A/S (Denmark), Acelity L.P. Inc.(United States) and Advancis Veterinary Ltd. (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Norbrook Laboratories (United Kingdom), Bayer AG (Germany), Neogen Corporation (United States), Robinson Healthcare Ltd. (United Kingdom) and Virbac (France).
Segmentation Overview
AMA Research has segmented the market of Global Animal Wound Care market by Type (Surgical Wound Care Products (Suture, Sealant and Glue), Advanced Wound Care Products (Film, Foam, Hydrogel, Hydrocolloid Dressing), Traditional Wound Care Products (Dressing, Bandage, Absorbent and Tape) and Therapy Devices), Application (Hospitals, Clinics and Home Care) and Region.
On the basis of geography, the market of Animal Wound Care has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. If we see Market by End Users, the sub-segment i.e. Hospitals and Clinics will boost the Animal Wound Care market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Animal, the sub-segment i.e. Livestock Animals (Cattle, Pigs and Other) will boost the Animal Wound Care market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Use of Therapy Devices in Animal Wound Care
Market Growth Drivers:
Growing Pet-care Expenditure Fueled by Affordable Insurance Policies and Rising Number of Companion Animals Population
Challenges:
Low Adoption of Animal Wound Care in Emerging Countries and Chances of Contagious Diseases in Case of Improper
Restraints:
Rising Cost of Pet-care and Shortage of Veterinary Doctors Globally
Opportunities:
Rising Disposable Income in Emerging Countries and Growing Awareness About Pet-care Insurance
Market Leaders and their expansionary development strategies
In February 2020, Elanco Animal Health Inc. announced a joint research contract with Purdue University and the Purdue Research Foundation. The parties are collaborating on a five-year project aimed at encouraging the development of teams capable of providing creative solutions to animal health problems.
In April 2022, Neogen Corporation announced the introduction of new products to its dependable Prozap insect control line, featuring Prozap Protectus Pour-On Insecticide IGR. This triple-acting formula kills chewing and sucking lice, horn flies, stable flies, horse and deer flies, and other insects on beef cattle and calves.
The Animal Welfare Act was signed into law in 1966. It is the only Federal law in the United States that regulates the treatment of animals in research, exhibition, transport, and by dealers. Other laws, policies, and guidelines may include additional species coverage or specifications for animal care and use, but all refer to the Animal Welfare Act as the minimum acceptable standard. The Act is enforced by USDA, APHIS, and Animal Care.
Key Target Audience
Animal Wound Care Service Providers, Suppliers/Distributors, Potential Investors, Government Agencies, Market and Research Firms and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.