Veterinary Surgical Procedures Market Size, Strategic Analysis, Growth Drivers, Industry Trends, Demand and Future Opportunities and Forecast Period
The market for veterinary surgical Procedures market is expected to develop at a compound annual growth rate (CAGR) of 7.0% between 2024 and 2034, from its estimated valuation of USD 45.4 billion in 2023 to USD 95.56 billion by 2034. They are often needed to identify and treat a range of illnesses that cannot be adequately controlled with medicine. It improves general health, restores function, and lessens discomfort, all of which contribute to the animal's increased quality of life.
Veterinary surgical operations encompass a wide range of
surgical procedures performed on animals by licensed veterinarians. It includes
a broad spectrum of surgical techniques, ranging from straightforward
treatments like spaying and neutering to intricate ones like orthopedic repairs
and oncologic surgery.
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GROWTH DRIVERS
Rising disposable income and the emergence of a middle
class have led to a growth in the number of pet owners and the need for
veterinary services, especially operations, in emerging countries. Owners are
increasingly selecting cutting-edge medical treatments, including surgical
possibilities.
The global surge in pet ownership has resulted in a sharp increase in the
demand for veterinary services. 97% of pet owners believe that their animals
are members of their family, according to Forbes. As pets are more and more
considered members of the family, more and more pet owners are willing to
invest in sophisticated medical procedures for their animals. It also increases
the need for a range of surgical procedures, including as more involved
procedures and standard procedures like neutering and spaying.
MARKET
SEGMENTATION:
By Type -
· Spaying/Neutering
· Dental
Procedures
· Soft
Tissue Surgery
· Orthopedic
Surgery
· Ophthalmic
Surgery
· Neurological
Surgery
· Other
Specialized Surgery
By Animal Type –
· Small
Animals
o Dogs
o Cats
o Rodents
· Large
Animals
By End User –
· Veterinary
Hospitals
· Veterinary
Clinics
· Other
End Users
By Region -
· North
America
· Europe
· Asia
Pacific
· Latin
America
· Middle
East and Africa
Key Players:
· Ethicon,
Inc. (Johnson & Johnson)
· Cardinal
Health, Inc.
· Medtronic
Plc
· B.
Braun Vet Care Gmbh (B. Braun Melsungen AG)
· Bd
Animal Health
· ICU
Medical, Inc.
· Steris
Plc
· Integra
Lifesciences Holdings Corporation
· Covetrus,
Inc.
· Jorgensen
Laboratories
· Other
Key & Niche Players
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