The World Market for Animal Wound Care 2019-2024 - Major Players are 3M Company, Ethicon (Johnson & Johnson), Advancis Veterinary, B Braun Melsungen, and Medtronic - ResearchAndMarkets.com

The "Animal
Wound Care Market - Growth, Trends, and Forecast (2019 - 2024)"
report has been added to ResearchAndMarkets.com's
offering.

The Animal Wound Care market studied was valued at USD 980.7 million in
2018, and is expected to reach USD 1,399.16 million by 2024, with an
anticipated CAGR of 6.12%, during the forecast period (2019-2024).

The major factors attributing to the growth of the animal wound care
market are increasing initiatives by the governments and animal welfare
associations and an increase in animal adoption and animal healthcare
expenditure.

Key Market Trends

Surgical Segment is Expected to Hold the Largest Market Share

A large number of pets are having advanced medical procedures, which
include open-heart surgery, hip replacements, cancer therapy, and
cataract removal. These surgical products involve the use of products,
which aid in the recovery of the damaged tissues and healing of the
wound. There are various types of stitches available, like absorbable
and non-absorbable stitches, which are used for the wound closure in
animals.

Another option used for wound care is surgical staples. These surgical
staples are basically made of steel and are applied to the skin using a
special form of staple gun designed for the purpose. Staples are usually
used to close wounds on the skin rather than internally and must be
removed after a week or two weeks. Similarly, there are several other
products which are used. Therefore, the presence of various alternatives
and high adoption of pets and livestock are two main factors for the
growth of the market studied.

North America Dominates the Market & is Expected to do Same in the
Forecast Period

North America is expected to dominate the overall market, throughout the
forecast period. This is due to the increasing adoption of pets and
their wellbeing by their respective owners in this region. In the North
America region, the United States holds the largest market share.

The US Animal Health Association is an organization, which takes cares
of wound care in veterinary. This organization keeps track of the
upcoming products that are required for animal health care. Various
promotion programs are being carried out by this association in the
country, which enables the veterinary professionals and the general
population to understand the effective wound care management for animals

Additionally, the presence of the well-known global players, such as
Bayer, Medtronic, B. Braun, etc. is fuelling the US market.

Competitive Landscape

The animal wound care market is moderately competitive and consists of
several major players. In terms of market share, few of the major
players currently dominate the market. With the rising awareness levels
of animal care among the population, few other smaller players are
expected to enter into the market in the coming years.

Some of the major players of the market are 3M Company, Ethicon (Johnson
& Johnson), Advancis Veterinary, B Braun Melsungen, and Medtronic are
among others.

Key Topics Covered

1 INTRODUCTION

1.1 Study Deliverables

1.2 Study Assumptions

1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Market Drivers

4.2.1 Increasing Initiatives by the Governments & Animal Welfare
Associations

4.2.2 Increase in Animal Adoption & Animal Healthcare Expenditure

4.3 Market Restraints

4.3.1 Lack of Well-designed Comparative Studies of Wound Healing
Products in Cats & Dogs

4.3.2 High Costs Associated with Veterinary Healthcare

4.4 Porter's Five Force Analysis

5 MARKET SEGMENTATION

5.1 By Products

5.1.1 Surgical

5.1.2 Advanced

5.1.3 Traditional

5.1.4 Other Products

5.2 By Animal Type

5.2.1 Companion

5.2.2 Livestock

5.3 Geography

5.3.1 North America

5.3.1.1 US

5.3.1.2 Canada

5.3.1.3 Mexico

5.3.2 Europe

5.3.2.1 Germany

5.3.2.2 UK

5.3.2.3 France

5.3.2.4 Italy

5.3.2.5 Spain

5.3.2.6 Rest of Europe

5.3.3 Asia Pacific

5.3.3.1 China

5.3.3.2 Japan

5.3.3.3 India

5.3.3.4 Australia

5.3.3.5 South Korea

5.3.3.6 Rest of Asia-Pacific

5.3.4 Middle East and Africa

5.3.4.1 GCC

5.3.4.2 South Africa

5.3.4.3 Rest of Middle East and Africa

5.3.5 South America

5.3.5.1 Brazil

5.3.5.2 Argentina

5.3.5.3 Rest of South America

6 COMPETITIVE LANDSCAPE

6.1 Company Profiles

6.1.1 3M Company

6.1.2 Ethicon (Johnson & Johnson)

6.1.3 Advancis Veterinary Ltd.

6.1.4 B Braun Melsungen AG

6.1.5 Medtronic PLC

6.1.6 BSN Medical

6.1.7 Milliken & Company

6.1.8 Neogen Corporation

6.1.9 Robinson Healthcare

6.1.10 Bayer AG

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

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View source version on businesswire.com: https://www.businesswire.com/news/home/20190618005579/en/