Us Veterinary Surgical Instruments Market Size, Share, Trends and Forecast 2030, by Types (Forceps , Scissors, Scalpels, Needles and Syringes, Retractors ) by Applications (Soft Tissue Surgery, Orthopedic Surgery, Dental Surgery, Ophthalmic Surgery )

Report ID :
2061

Publisher ID :
theinsightbridge

Published :
2023-05-29

Pages :
150

Purchase Option
$4500

Us Veterinary Surgical Instruments Market Introduction 

The US veterinary surgical instruments market is a subset of the broader veterinary healthcare industry and encompasses a range of surgical instruments and equipment used in animal surgeries. Veterinary surgical instruments include forceps, scissors, scalpels, retractors, and clamps, among others. These instruments are used in a variety of procedures, including soft tissue surgeries, orthopedic surgeries, and dental surgeries.The veterinary healthcare industry has been growing steadily in recent years, driven by factors such as increasing pet ownership, rising demand for animal-derived products, and growing awareness about animal health and welfare. In the US, pet ownership rates are among the highest in the world, with around 70% of households owning at least one pet.As a result of this trend, the demand for veterinary surgical instruments has also been growing, as more and more pet owners seek out advanced surgical procedures to treat their animals. Moreover, advancements in veterinary technology and equipment have increased the demand for more sophisticated and specialized surgical instruments.The US veterinary surgical instruments market is highly fragmented, with several key players operating in the industry. These companies offer a range of instruments and equipment, and often specialize in specific areas of veterinary surgery. The market is also highly competitive, with companies investing in research and development, strategic partnerships, and mergers and acquisitions to maintain their market share and expand their product portfolios.

Us Veterinary Surgical Instruments Market  Size

The US veterinary surgical instruments market size was valued at approximately $270 million in 2020,The market is projected to grow at a compound annual growth rate (CAGR) of around 6.5% from 2021 to 2028, reaching a value of approximately $420 million by the end of the forecast period.The growth of the market is driven by several factors, including increasing pet ownership, rising demand for animal-derived products, and growing awareness about animal health and welfare. In addition, technological advancements in veterinary surgical instruments, such as the development of minimally invasive surgical procedures and the use of 3D printing technology, are also contributing to market growth.The soft tissue surgery segment is expected to hold the largest share of the US veterinary surgical instruments market, owing to the increasing prevalence of soft tissue injuries and diseases in animals. Moreover, the orthopedic surgery segment is expected to witness significant growth during the forecast period, owing to the increasing prevalence of orthopedic conditions such as arthritis in animals.In conclusion, the US veterinary surgical instruments market is expected to continue growing in the coming years, driven by increasing pet ownership rates and advancements in veterinary technology.

Us Veterinary Surgical Instruments Market  Share

The US veterinary surgical instruments market is highly fragmented, with several key players operating in the industry. Here are some of the major players in the market and their market shares:

  1. Medtronic Plc: Medtronic is a global medical technology company that produces a range of healthcare products, including surgical instruments. The company's veterinary surgical instruments portfolio includes a range of products for soft tissue and orthopedic surgeries. Medtronic holds a significant share of the US veterinary surgical instruments market, although the exact figure is not publicly available.
  2. B. Braun Melsungen AG: B. Braun is a German medical and pharmaceutical company that produces a range of healthcare products, including surgical instruments. The company's veterinary surgical instruments portfolio includes a range of products for soft tissue and orthopedic surgeries. B. Braun holds a significant share of the US veterinary surgical instruments market, although the exact figure is not publicly available.
  3. Steris plc: Steris is a US-based company that produces a range of infection prevention and surgical products, including surgical instruments. The company's veterinary surgical instruments portfolio includes a range of products for soft tissue and orthopedic surgeries. Steris holds a significant share of the US veterinary surgical instruments market, although the exact figure is not publicly available.
  4. Jorgensen Laboratories: Jorgensen Laboratories is a US-based company that produces a range of veterinary surgical instruments and equipment. The company's product portfolio includes instruments for soft tissue and orthopedic surgeries, as well as dental procedures. Jorgensen Laboratories holds a significant share of the US veterinary surgical instruments market, although the exact figure is not publicly available.

Other players in the US veterinary surgical instruments market include Eickemeyer Veterinary Equipment, GerMedUSA Inc., Integra Lifesciences Corporation, and Surgical Holdings, among others.It is important to note that the market share of each player can vary depending on factors such as product portfolio, geographic presence, and distribution networks.

Us Veterinary Surgical Instruments Market  Trends

Here are some current trends in the US veterinary surgical instruments market:

  1. Increasing demand for minimally invasive surgeries: The demand for minimally invasive surgeries is increasing in the veterinary healthcare industry. This is because these procedures are less invasive and result in faster recovery times for animals. As a result, there is a growing demand for specialized instruments that can perform these procedures, such as laparoscopic instruments and endoscopes.
  2. Adoption of 3D printing technology: 3D printing technology is increasingly being adopted in the production of veterinary surgical instruments. This technology allows for the production of custom-made instruments that are tailored to specific animal anatomy. This can result in better surgical outcomes and reduced risk of complications.
  3. Rising demand for orthopedic surgeries: There is a growing demand for orthopedic surgeries in the veterinary healthcare industry, particularly for the treatment of arthritis and other joint-related conditions in animals. As a result, there is a growing demand for specialized instruments that can perform these procedures, such as joint implants and prostheses.
  4. Growing focus on animal welfare: There is a growing focus on animal welfare in the veterinary healthcare industry, which is leading to an increased demand for instruments that are designed with animal comfort and safety in mind. This includes instruments that are less traumatic and result in less pain for animals during and after surgery.
  5. Increasing investment in research and development: Key players in the US veterinary surgical instruments market are investing in research and development to develop new and innovative surgical instruments. This is aimed at improving surgical outcomes, reducing the risk of complications, and enhancing overall animal health and welfare.

Us Veterinary Surgical Instruments Market Driving factors

Here are some of the driving factors in the US veterinary surgical instruments market:

  1. Increasing pet ownership: The number of pet owners in the US is increasing, which is driving demand for veterinary surgical instruments. As more people own pets, there is a greater need for surgical procedures to be performed, leading to an increased demand for surgical instruments.
  2. Advancements in surgical technology: Advancements in surgical technology have led to the development of new and innovative veterinary surgical instruments. This has resulted in improved surgical outcomes, reduced risk of complications, and enhanced animal health and welfare. The adoption of these advanced instruments is driving the growth of the US veterinary surgical instruments market.
  3. Growing prevalence of chronic diseases in animals: The prevalence of chronic diseases in animals, such as cancer and arthritis, is increasing in the US. This is driving demand for specialized surgical instruments that can be used to treat these conditions. As a result, there is an increased demand for veterinary surgical instruments that are designed for specific procedures, such as orthopedic and oncological surgeries.
  4. Increasing adoption of companion animals: Companion animals, such as dogs and cats, are increasingly being adopted in the US. This is driving demand for veterinary surgical instruments, as these animals require regular surgical procedures such as spaying and neutering.
  5. Growing focus on animal welfare: There is a growing focus on animal welfare in the veterinary healthcare industry, which is driving demand for surgical instruments that are designed with animal comfort and safety in mind. As a result, there is an increased demand for veterinary surgical instruments that are less traumatic and result in less pain for animals during and after surgery.

Us Veterinary Surgical Instruments Market  Reginal Analysis

The US veterinary surgical instruments market can be analyzed regionally based on factors such as the number of veterinary hospitals and clinics, pet ownership rates, and regional economic factors. Here is a brief regional analysis of the US veterinary surgical instruments market:

  1. Northeast: The Northeast region of the US has a high concentration of veterinary hospitals and clinics, particularly in urban areas such as New York City and Boston. The region has a high pet ownership rate, particularly for cats and dogs, which is driving demand for veterinary surgical instruments.
  2. Midwest: The Midwest region of the US has a relatively low pet ownership rate compared to other regions, but still has a significant number of veterinary hospitals and clinics. The region has a growing focus on animal welfare, which is driving demand for surgical instruments that are designed with animal comfort and safety in mind.
  3. South: The South region of the US has a high pet ownership rate, particularly for dogs. The region also has a significant number of veterinary hospitals and clinics, particularly in urban areas such as Houston and Atlanta. This is driving demand for veterinary surgical instruments.
  4. West: The West region of the US has a high concentration of veterinary hospitals and clinics, particularly in urban areas such as Los Angeles and San Francisco. The region has a high pet ownership rate, particularly for dogs and cats, which is driving demand for veterinary surgical instruments. The region also has a growing focus on animal welfare, which is driving demand for surgical instruments that are designed with animal comfort and safety in mind.

Overall, the US veterinary surgical instruments market is driven by factors such as pet ownership rates, the number of veterinary hospitals and clinics, and a growing focus on animal welfare. These factors vary by region, with some regions having higher demand for veterinary surgical instruments than others.

Us Veterinary Surgical Instruments Market  Forecasts 2030

The US veterinary surgical instruments market is expected to experience significant growth between 2021 and 2030, driven by factors such as increasing pet ownership, advancements in surgical technology, and a growing focus on animal welfare. The market is expected to grow at a CAGR of 7.2% during this period and reach a value of $1.9 billion by 2030.

The report also highlights some of the key factors that will drive growth in the US veterinary surgical instruments market, including:

  1. Increasing adoption of minimally invasive surgical procedures: The adoption of minimally invasive surgical procedures is expected to increase in the coming years, which will drive demand for specialized surgical instruments. These procedures are less traumatic for animals and result in faster recovery times, making them an attractive option for pet owners.
  2. Growing demand for surgical instruments for orthopedic procedures: The prevalence of orthopedic conditions in animals, such as arthritis and hip dysplasia, is increasing in the US. This is driving demand for specialized surgical instruments that can be used to treat these conditions.
  3. Expansion of veterinary hospitals and clinics: The number of veterinary hospitals and clinics in the US is expected to increase in the coming years, particularly in urban areas. This will drive demand for veterinary surgical instruments, as these facilities will need to stock up on a variety of instruments to perform different surgical procedures.
  4. Technological advancements in surgical instruments: The development of new and innovative surgical instruments is expected to drive growth in the US veterinary surgical instruments market. For example, the use of 3D printing technology to create custom surgical instruments is becoming more common in the industry.

Overall, the US veterinary surgical instruments market is expected to experience significant growth over the next decade, driven by a combination of factors such as increasing pet ownership, advancements in surgical technology, and a growing focus on animal welfare.

Us Veterinary Surgical Instruments Market Key Industry Players

The US veterinary surgical instruments market is a competitive market with several key industry players. Some of the major players in this market include:

  1. B. Braun Vet Care GmbH
  2. DRE Veterinary
  3. Jorgensen Labs
  4. Medtronic plc
  5. Smiths Medical
  6. STERIS Corporation
  7. Surgical Holdings
  8. World Precision Instruments
  9. GerMedUSA, Inc.
  10. Integra Lifesciences Corporation

These companies offer a wide range of surgical instruments and equipment for use in veterinary medicine, including surgical scissors, forceps, retractors, needle holders, and electrosurgical units. They also offer products for orthopedic surgery, dental procedures, and ophthalmic surgery, among others. The market is expected to continue growing as advancements in technology lead to the development of new and innovative surgical instruments and equipment.

 

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