Market Size of Global Animal Wound Care Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 1.38 Billion |
| Market Size (2029) | USD 1.71 Billion |
| CAGR (2024 - 2029) | 4.48 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Animal Wound Care Market Analysis
The Global Animal Wound Care Market size is estimated at USD 1.38 billion in 2024, and is expected to reach USD 1.71 billion by 2029, growing at a CAGR of 4.48% during the forecast period (2024-2029).
Due to the outbreak of COVID-19, there was a significant impact on the animal wound care market. For instance, several studies have been conducted to understand the spread of coronavirus across pets worldwide. For instance, as per the article published in 2021 titled, 'Host traits, ownership behavior and risk factors of SARS-CoV-2 infection in domestic pets in Mexico,' IgG ELISA positive results were found in 31.8% of dogs and 27.3% of cats in Mexico's surveyed pets. As per the same source, the COVID-positive pet owner residing in the home or pet food purchased from a store had no impact on the health of the animal according to COVID-19. Moreover, the animal wound care market observed a setback in growth due to the disruption of the supply chain in the market studied.
The major factors attributing to the growth of the animal wound care market are the increasing initiatives by the governments and animal welfare associations and increased animal adoption and animal healthcare expenditure. The World Organization for Animal Health (OIE) is committed to ensuring that all animal welfare standards, including veterinary healthcare, are science-based. It also recognizes that other factors must also be considered. The International Coalition for Farm Animal Welfare (ICFAW) was formed to represent the interests of non-governmental animal welfare organizations globally.
Moreover, the veterinary wound healing association conducted its conference in Paris on May 2022. The theme of the conference was 'Wound and Surgical Site Infections In The Modern Veterinary Clinic: Prevention And Treatment' and this theme addressed issues and queries that all veterinarians deal with daily. Surgical site infections (SSI) is one of the main issue faced by veterinarian, owner, and the animal. Therefore, the conference has given priority to the SSI considering the significance and necessity of a prompt cure for surgical site infections in pets and animals. Hence, the increasing government initiatives and rising animal welfare worldwide are helping in the growth of the market studied, as these initiatives are making people consider their pet's health as important.
Hence as per the factors mentioned above, the animal wound care market is expected to grow significantly over the forecast period. However, the lack of well-designed comparative studies of wound healing products in cats and dogs and the high costs associated with veterinary healthcare restrain the market growth.
Animal Wound Care Industry Segmentation
As per the scope of the report, animal wound care refers to the specific types of treatment to cure various kinds of wounds in animals. General wound care begins only after the animal gets stabilized after the trauma or shock that it has had, and it involves certain medical instruments and materials. The Animal Wound Care Market is segmented by Products (Surgical, Advanced, Traditional, and Other Products), Animal Type (Companion, and Livestock), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (in USD million) for the above segments.
| By Products | |
| Surgical | |
| Advanced | |
| Traditional | |
| Other Products |
| By Animal Type | |
| Companion | |
| Livestock |
| Geography | ||||||||
| ||||||||
| ||||||||
| ||||||||
| ||||||||
|
Global Animal Wound Care Market Size Summary
The animal wound care market is poised for steady growth over the forecast period, driven by increasing government initiatives and heightened awareness of animal welfare. The market is experiencing a resurgence as pet ownership rises globally, a trend accelerated by the COVID-19 pandemic. This surge in pet adoption has led to increased spending on animal healthcare, including wound care. The market is supported by organizations like the World Organization for Animal Health and the International Coalition for Farm Animal Welfare, which advocate for science-based veterinary healthcare standards. Conferences and research initiatives, such as those addressing surgical site infections, further contribute to the market's expansion by emphasizing the importance of effective wound care solutions for pets.
North America is expected to maintain its dominance in the animal wound care market, bolstered by significant pet healthcare expenditures and robust pet insurance coverage. The United States, in particular, holds a substantial market share, supported by organizations like the United States Animal Health Association, which promotes effective wound care management. The region's growth is further enhanced by training programs for veterinarians and the introduction of innovative wound care products by companies like Healers PetCare and Axio Biosolutions. Despite the competitive landscape, with major players like Advancis Veterinary Ltd and Virbac leading the market, the entry of smaller players is anticipated as awareness of animal care continues to rise.
Global Animal Wound Care Market Size - Table of Contents
-
1. MARKET DYNAMICS
-
1.1 Market Overview
-
1.2 Market Drivers
-
1.2.1 Increasing Initiatives by the Governments and Animal Welfare Associations
-
1.2.2 Increase in Animal Adoption and Animal Healthcare Expenditure
-
-
1.3 Market Restraints
-
1.3.1 Lack of Well-designed Comparative Studies of Wound Healing Products in Cats and Dogs
-
1.3.2 High Costs Associated with Veterinary Healthcare
-
-
1.4 Porter's Five Force Analysis
-
1.4.1 Threat of New Entrants
-
1.4.2 Bargaining Power of Buyers/Consumers
-
1.4.3 Bargaining Power of Suppliers
-
1.4.4 Threat of Substitute Products
-
1.4.5 Intensity of Competitive Rivalry
-
-
-
2. MARKET SEGMENTATION (Market Size by Value - USD Million)
-
2.1 By Products
-
2.1.1 Surgical
-
2.1.2 Advanced
-
2.1.3 Traditional
-
2.1.4 Other Products
-
-
2.2 By Animal Type
-
2.2.1 Companion
-
2.2.2 Livestock
-
-
2.3 Geography
-
2.3.1 North America
-
2.3.1.1 United States
-
2.3.1.2 Canada
-
2.3.1.3 Mexico
-
-
2.3.2 Europe
-
2.3.2.1 Germany
-
2.3.2.2 United Kingdom
-
2.3.2.3 France
-
2.3.2.4 Italy
-
2.3.2.5 Spain
-
2.3.2.6 Rest of Europe
-
-
2.3.3 Asia-Pacific
-
2.3.3.1 China
-
2.3.3.2 Japan
-
2.3.3.3 India
-
2.3.3.4 Australia
-
2.3.3.5 South Korea
-
2.3.3.6 Rest of Asia-Pacific
-
-
2.3.4 Middle East and Africa
-
2.3.4.1 GCC
-
2.3.4.2 South Africa
-
2.3.4.3 Rest of Middle East and Africa
-
-
2.3.5 South America
-
2.3.5.1 Brazil
-
2.3.5.2 Argentina
-
2.3.5.3 Rest of South America
-
-
-
Global Animal Wound Care Market Size FAQs
How big is the Global Animal Wound Care Market?
The Global Animal Wound Care Market size is expected to reach USD 1.38 billion in 2024 and grow at a CAGR of 4.48% to reach USD 1.71 billion by 2029.
What is the current Global Animal Wound Care Market size?
In 2024, the Global Animal Wound Care Market size is expected to reach USD 1.38 billion.
