Veterinary Surgical Devices Market Growth l Global Industry Report 2021
Veterinary Surgical Devices Market By Products, Animals, Application and Region - Global Industry Analysis, Size, Share, Growth, Trends And Forecasts (2017–2022)
(EMAILWIRE.COM, January 16, 2018 ) The Global Veterinary Surgical Devices Market was worth USD 748 million in 2016 and estimated to be growing at a CAGR of 6.6%, to reach USD 1.029 billion by 2021. With the increasing companion animal population and growing concern regarding pets the market is growing at a steady pace.
A surgical instrument is a specially designed tool or device for performing specific actions of carrying out desired effects during a surgery or operation, such as modifying biological tissue, or to provide access for viewing it. Over time, many different kinds of surgical instruments and tools have been invented. Veterinary surgical instruments help veterinarians to perform these surgical operations on animals.
The growth of Veterinary Surgical Devices market is driven by growing companion animal population coupled with pet insurance, increasing individual awareness regarding animal health, rising animal health expenditure. Also increase in number of veterinary practitioners, rise in their income levels in developed regions is going to assist in growth of the market. However, shortage of veterinarians in many developing regions, high pet care costs may hamper the growth of market. Furthermore, increasing awareness among individuals in developing regions regarding animal health provides great future potential for the market.
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The Global market for Veterinary Surgical Devices is segmented based on Product, Animal and Application. Based on Products – Sutures, Foreceps, Scissors, Electrosurgery Instruments, Cannulas, Staplers and accessories and others. Based on Animals – Canines, Felines and Large Animals. Based on Applications – Soft tissue, Sterilization, Gynecology, Orthopedic Surgery. Based on Geographical analysis the market is separated into regions of North America, Asia-Pacific, Europe, Latin America and Middle East and Africa.
North America is leading the market while Europe is at second place. Higher adoption rate and favourable reimbursement policies favoured the dominance of North America. Asia-Pacific is expected to grow at the fastest CAGR due to increasing awareness regarding animal health and increasing livestock population. Product wise Sutures, Staples & accessories are holding major share in the market.
Some of the key players dominating this market include B.Braun Vet Care GmbH, Medtronic Plc., Ethicon Inc., JORGEN KRUSSE A/S, Jorgensen Laboratories, Smiths Group Plc., Neogen Corporation, Integra LifeSciences Holding Corporation, STERIS Corporation, DRE Veterinary, GerMedUSA Inc., Surgical Holdings, Sklar Surgical Instruments, World Precision Instruments Inc., Surgical Direct.
Scope of Veterinary Surgical Devices Market
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
A surgical instrument is a specially designed tool or device for performing specific actions of carrying out desired effects during a surgery or operation, such as modifying biological tissue, or to provide access for viewing it. Over time, many different kinds of surgical instruments and tools have been invented. Veterinary surgical instruments help veterinarians to perform these surgical operations on animals.
The growth of Veterinary Surgical Devices market is driven by growing companion animal population coupled with pet insurance, increasing individual awareness regarding animal health, rising animal health expenditure. Also increase in number of veterinary practitioners, rise in their income levels in developed regions is going to assist in growth of the market. However, shortage of veterinarians in many developing regions, high pet care costs may hamper the growth of market. Furthermore, increasing awareness among individuals in developing regions regarding animal health provides great future potential for the market.
Request free sample report at https://www.marketdataforecast.com/market-reports/veterinary-surgical-devices-market-2932/request-sample
The Global market for Veterinary Surgical Devices is segmented based on Product, Animal and Application. Based on Products – Sutures, Foreceps, Scissors, Electrosurgery Instruments, Cannulas, Staplers and accessories and others. Based on Animals – Canines, Felines and Large Animals. Based on Applications – Soft tissue, Sterilization, Gynecology, Orthopedic Surgery. Based on Geographical analysis the market is separated into regions of North America, Asia-Pacific, Europe, Latin America and Middle East and Africa.
North America is leading the market while Europe is at second place. Higher adoption rate and favourable reimbursement policies favoured the dominance of North America. Asia-Pacific is expected to grow at the fastest CAGR due to increasing awareness regarding animal health and increasing livestock population. Product wise Sutures, Staples & accessories are holding major share in the market.
Some of the key players dominating this market include B.Braun Vet Care GmbH, Medtronic Plc., Ethicon Inc., JORGEN KRUSSE A/S, Jorgensen Laboratories, Smiths Group Plc., Neogen Corporation, Integra LifeSciences Holding Corporation, STERIS Corporation, DRE Veterinary, GerMedUSA Inc., Surgical Holdings, Sklar Surgical Instruments, World Precision Instruments Inc., Surgical Direct.
Scope of Veterinary Surgical Devices Market
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
Contact Information:
Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results