Veterinary Surgical Instruments Market is Expected to Cross US$ 2760.6 Million by 2023

Veterinary Surgical Instruments Market
Global Veterinary surgical instruments Market Information; by Types; by Applications (Orthopedic, Sterilization, Ophthalmic); by Animals – Forecast to 2023

Market Research Future adds new report of “Veterinary Surgical Instruments Market- Global Forecast to 2023” it contains Company information, geographical data and Table of Content

Competitive Analysis:

Key players profiled in the report are

  • Eickemeyer Veterinary Equipment Inc.
  • Jørgen KRUUSE A/S
  • Surgical Holdings
  • Sklar Instruments
  • Whittemore Enterprises Inc.
  • Medtronics
  • B.Braun

Intended Audience

  • Global veterinary surgical instruments providers, manufacturers & suppliers
  • Research and development (R&D) companies
  • Market research and consulting service providers
  • Academic institutes and universities

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Market Segments:

The global veterinary surgical instruments market is segmented on the basis of types.

  • Based on the Types, the market has been segmented as scalpel handles, forceps, dressing, scissors, needle holders and retractors
  • Based on the Applications, the market has been segmented as orthopedic, sterilization, ophthalmic, dental
  • Based on the Animals, the market has been segmented as canines, felines and large animals

Market Highlight:

The veterinary healthcare equipment market is bullish because of several favourable long term trends which includes

  • Technological factors such as increased R&D expenditure to drive innovation in the industry, development of better and stronger materials etc.
  • Economic factors such as rising demand for animal products such as meat, milk etc., organized nature of the milk and meat industry which gives them high buying power, falling cost of veterinary equipment etc.
  • Demographics factors include the rising number of cattle and companion animal adoption, increasing awareness of animal health especially in the developing world etc.
  • The rising number of veterinary hospitals and animal welfare regulations and laws

The market restraints are lack of awareness and knowledge gap regarding animal health and rising cost of pet care etc.

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The global veterinary surgical equipment market by types is divided into scalpel handles, forceps, dressing and tissue forceps, scissors, needle holders and retractors. Scissors market is commanding the largest market share in 2016, followed by needle holders.

Global veterinary surgical equipment market by application comprises of orthopedic, sterilization, ophthalmic, and dental. Dental application holds the largest market share of followed by Ophthalmic.

The global veterinary surgical equipment market is expected to reach US$ 2760.6 million in 2023 growing at a CAGR of 6.3% during the forecast period 2017-2023.

Study objectives:

  • To provide detail analysis of the market structure along with estimated future growth forecast for the next 6 years about various segments and sub-segments of the global veterinary surgical instruments market.
  • To provide insights about factors affecting the market growth.
  • To analyze the global veterinary surgical instruments market based on various factors – price analysis, supply chain analysis, Porters Five Force Analysis etc.
  • To provide past and estimated future revenue of the market’s segments and sub-segments with respect to four main geographies and their countries – Americas, Europe, Asia-Pacific along with Middle East & Africa.
  • To provide country level analysis of the market with respect to the current market size and future growth prospect.
  • To provide country level analysis of the market’s segments which includes by types, applications and animals.

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Regional analysis

US accounts for the maximum market share due to favorable reimbursement scenario and the large and organized meat and dairy industry. Europe occupies the second position. The South American nations of Argentina, Paraguay, and Uruguay etc. also have large markets. However there is a definite shift of veterinary surgical instruments market to Asia pacific region. The Asia Pacific region will be led by China and India.

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