The global Animal Wound Care Market is projected to reach USD 2.0 billion by 2029 from USD 1.3 billion in 2023, growing at a CAGR of 7.4% during the forecast period. Growth in the global animal wound care market will primarily be driven by several factors. Firstly, the increasing awareness of animal well-being leads to pet owners being more willing to spend money on their pets’ health, including wound care. Secondly, the rising pet ownership, where people are choosing to own pets and are willing to spend money on their health and well-being. This includes providing pet owners with innovative and proper wound care products. Additionally, advancements in veterinary medicine, such as surgical and advanced wound care products, are more effective and easier to use for treating animal wounds. Finally, the rising adoption of companion animals and increasing prevalence of chronic diseases in animals leads to a larger pool of animals requiring wound care. The factors mentioned above are all contributing to the growth of the animal wound care market with a lot of potential for future expansion of the market.
Prominent players in the animal wound care market include Elanco Animal Health (US), 3M Company (US), Medtronic PLC (Ireland), B. Braun Melsungen AG (Germany), Virbac (France), Neogen Corporation (US), Jorgen Kruuse A/S (Denmark), Sonoma Pharmaceuticals Inc. (US), Ethicon, Inc. (US), and Dechra Pharmaceuticals (UK). Other players in the animal wound care market are Jazz Medical, LLC (Ireland), Smith & Nephew PLC (UK), Kericure Inc. (US), Advancis Veterinary (UK), Care-Tech Laboratories, Inc. (US), Robinson Healthcare (UK), Mila International, Inc (US), Sentrx Animal Care (US), and McCord Research, Inc (US), Prima-Vet Inc. (US), Innovacyn, Inc (US), Indian Immunologicals Ltd (India), Silverglide (Australia), Vernacare (England), and Vetoquinol India Animal Health Pvt. Ltd. (India).
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Elanco Animal Health (US)
Elanco is one of the global leaders in the animal wound care market. The company develops and markets innovative animal healthcare products and solutions to treat and prevent disease in pet and farm animals. The company comprises specific wound care products such as bandages, dressings, and advanced therapies for promoting faster recovery and wound healing in animals.
The company actively collaborates with animal welfare organizations and veterinary research institutions to advance in the animal wound care market. They continually invest in research and development to improve and bring new and innovative wound care solutions, therapies, and diagnostics in the field of animal wound care. The company engages in consulting veterinarians and animal health care professionals for the proper use of animal wound care products and solutions. Overall, the company has made valuable contributions in the field of animal wound care products and focuses on animal health and well-being.
3M Company (US)
3M is a prominent player in the animal wound care market. The company offers a wide range of innovative products and solutions in the animal wound care market for veterinarians and pet owners. Advanced dressing, Negative pressure wound therapy systems, and Surgical tapes and adhesives are the potential products offered by the company to provide effective and improved animal care. The company continuously invests in research and development to bring new and improved wound care products and solutions to the market.
The company collaborates with veterinarians and animal healthcare professionals to provide them with educational resources and training on the proper use of animal wound care products. Moreover, the company has strong brand recognition and a diverse product portfolio that can help veterinarians and pet owners around the globe. This helps the company to gain a competitive edge in the animal wound care market, globally.
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Medtronic PLC (Ireland)
Medtronic PLC is one of the global leaders in medical technology and is engaged in manufacturing a wide range of medical devices, including veterinary equipment and therapies. The company has a wide product portfolio of wound closure materials such as sutures, staplers, and tissue adhesives. Additionally, the company introduced a Negative Pressure Wound Therapy (NPWT) system to promote the healing of chronic wounds in animals.
Medtronic is continually investing in research and development for the creation of new and innovative animal wound care products which give them a competitive edge in the global animal wound care market. The company has collaborated with various veterinary companies in the animal wound care market to expand its product offerings for animal health and well-being. Moreover, being a major player in medical devices, the company's presence in the animal wound care market can help increase the importance of animal wound care and drive its investment in this segment.
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