Japan veterinary surgical instruments market is estimated to rise at 5.4% CAGR up to 2025. Rising initiatives among government and private and public organizations to spread awareness about animal health is positively impacting the high adoption of veterinary surgical tools. Additionally, robust urbanization and surging expenditure on animal healthcare are creating favorable conditions for global industry players.
Increasing adoption of pet animals around the world will fuel the demand for animal surgeries, in turn driving veterinary surgical instruments market outlook over the forecast period. According to a National Pet Owner Survey which the American Pet Products Association (APPA) conducted in 2017-18, 68% of households, or about 85 million families in the United States own a pet. This is much higher compared to 56% of households in the U.S. back in 1988, the first time that this survey had been conducted.
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From the large animal segment, veterinary surgical instruments market share is anticipated to grow at 5.4% CAGR in the coming years. Rising health concerns of animals due to infectious diseases primarily drive demand for surgical tools. Infection spread among livestock is considered a major threat to animal health and welfare globally. These surgical tools for animals play a vital role in controlling infection spread among livestock and maintaining agronomic health.
The ophthalmic surgery application segment is slated to expand at 5.2% CAGR up to 2025. High prevalence of ophthalmic diseases among small and large animals is augmenting the demand for these procedures. Cataract is a prevalent cause of blindness in animals. Expert veterinarians commonly perform intraocular surgery to remove cataracts from animal eyes. The availability of numerous advanced ophthalmic techniques to nurse eye diseases in animals is expected to boost segment growth.
Electrosurgery is expected to grow in the forthcoming years owing to its high frequency and easy to use properties. The high rate of accuracy along with the reduction in the tissue damage while operating will contribute to its demand. Electrosurgery has large number of applications in several surgical procedures and is highly precise with its functioning that will propel adoption among veterinary surgeons globally. Advancements in the production of these equipment will certainly help boost industry-wide expansion and offer new prospects to surgical instrument manufacturers.
Several market players like B. Braun, Ethicon, Medtronic, STERIS Corporation, Sklar Surgical Instruments, Surgical Direct, Smiths Group and World Precision Instruments have constantly been involved in the development and distribution of critical equipment. They are consistently involved in strategic collaborations with hospitals and professionals to capture higher market share than other companies. Global veterinary surgical instruments market size is projected to surpass USD 1.8 billion by 2025.
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Partial Chapter of the Table of Content
Chapter 4. Veterinary Surgical Instruments Market, By Product
4.1. Key segment trends
4.2. Sutures & staplers
4.2.1. Market size, by region, 2014 – 2025 (USD Million)
4.3.1. Market size, by region, 2014 – 2025 (USD Million)
4.4.1. Market size, by region, 2014 – 2025 (USD Million)
4.5. Surgical scissors
4.5.1. Market size, by region, 2014 – 2025 (USD Million)
4.6. Hooks & retractors
4.6.1. Market size, by region, 2014 – 2025 (USD Million)
4.7. Trocars & cannulas
4.7.1. Market size, by region, 2014 – 2025 (USD Million)
4.8. Electro-surgery instruments
4.8.1. Market size, by region, 2014 – 2025 (USD Million)
Chapter 5. Veterinary Surgical Instruments Market, By Animal Type
5.1. Key segment trends
5.2. Small & medium animals
5.2.1. Market size, by region, 2014 – 2025 (USD Million)
5.3. Large animals
5.3.1. Market size, by region, 2014 – 2025 (USD Million)
Chapter 6. Veterinary Surgical Instruments Market, By Application
6.1. Key segment trends
6.2. Dental surgery
6.2.1. Market size, by region, 2014 – 2025 (USD Million)
6.3. Orthopedic surgery
6.3.1. Market size, by region, 2014 – 2025 (USD Million)
6.4.1. Market size, by region, 2014 – 2025 (USD Million)
6.5. Ophthalmic surgery
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