Veterinary Surgical Instruments Market Size, Share, Growth, Forecast 2032

Veterinary Surgical Instruments Market Insights

The global Veterinary Surgical Instruments Market size was valued at USD 1339.62 Million in 2023 and is predicted to reach USD 2401.38 Million by the end of 2032. The market is expected to grow with a CAGR of 6.7% during the forecast period. The report analyzes the global Veterinary Surgical Instruments Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Veterinary Surgical Instruments industry.

Request Free Sample

The report covers forecasts and analyses for the veterinary surgical instruments market on a global and regional level. The study provides historic data from 2018 along with a forecast from 2024 to 2032 based on revenue (USD Million). The study includes drivers and restraints for the veterinary surgical instruments market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the veterinary surgical instruments market on a global as well as regional level.

Veterinary Surgical Instruments Market: Overview

In order to give the users of this report a comprehensive view of the veterinary surgical instruments market, we have included a competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein product and services segment is benchmarked based on their market size, growth rate, and general attractiveness.

The report provides a company market share analysis in order to give a broader overview of the key players in the veterinary surgical instruments market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the veterinary surgical instruments market on a global and regional basis.

Request Free Sample

A wide variety of surgical instruments are used by veterinary surgeons to perform different procedures. Scalpels, forceps, hooks & retractors, surgical scissors, and cannulas & trocars are some of the widely used veterinary surgical instruments.

Veterinary Surgical Instruments Market Growth Dynamics

Factors such as the growing number of companion animals, increasing demand for pet insurance, increasing awareness regarding animal health, and technological advancements will act as major driving factors in the growth of the global veterinary surgical instruments market. Growing demand from developing regions and initiatives taken by the government and non-governmental organizations will act as an opportunity for the market players in the veterinary surgical instruments market. Nonetheless, the high cost of surgical procedures, the dearth of skilled veterinary surgeons, and the lack of awareness in low-income countries will restrict the growth of the global veterinary surgical instruments market.

Veterinary Surgical Instruments Market: Report Scope

Veterinary Surgical Instruments Market Segmentation Analysis

The global veterinary surgical instruments market has been split into the product, animal type, application, and region. Based on product, the veterinary surgical instruments market has been segmented into handheld devices, electro-surgery instruments, staplers, sutures, & accessories, and others. The staplers, sutures, & accessories segment accounted for the highest market share in 2023 due to the growing number of veterinary surgeries, and rising awareness regarding the use of sutures. The handheld devices segment has been divided into scalpels, forceps, hooks & retractors, surgical scissors, and cannulas & trocars. The animal type segment has been segmented into large animals and small animals.

The application segment has been segmented into sterilization surgery, soft tissue surgery, urology & gynecology surgery, orthopedic surgery, ophthalmic surgery, dental surgery, and others. The sterilization surgery segment accounted for the highest market share in 2023 due to the high number of sterilization surgeries performed globally.

Veterinary Surgical Instruments Market: Competitive Space

The report also includes detailed profiles of key players such as

• Medtronic Plc.
• B. Braun Vet Care GmbH
• Ethicon Inc.
• GerMedUSA, Inc.
• Jorgensen Laboratories
• JORGEN KRUSSE A/S
• Smiths Group Plc
• STERIS Corporation
• Integra LifeSciences Holdings Corporation
• and Neogen Corporation, among others.

Veterinary Surgical Instruments Market: Regional Insights

North America will be the leading region during the forecast period. A growing quantity of companion animals, and growing animal healthcare spending will boost the market growth in this region. Europe will be the succeeding largest market. The main reasons are the existence of skilled veterinarians and a rise in awareness regarding animal diseases. The Asia Pacific will proliferate at a speedy frequency over the estimated period due to the high livestock population, progressive urbanization, increasing adoption of pets, and increasing per capita animal expenditure.

Request Free Sample

The Latin American market will develop at a significant rate during the forecast period. The African and Middle Eastern countries are likely to experience noticeable growth in the projected time-frame.

This report segments the Global Veterinary Surgical Instruments Market as follows:

Global Veterinary Surgical Instruments Market: By Product

• Handheld Devices
  • Scalpels
  • Forceps
  • Hooks & Retractors
  • Surgical Scissors
  • Cannulas & Trocars
• Electro-surgery Instruments
• Staplers, Sutures, & Accessories
• Others

Global Veterinary Surgical Instruments Market: By Animal Type

• Large Animals
• Small Animals

Global Veterinary Surgical Instruments Market: By Application

• Sterilization Surgery
• Soft Tissue Surgery
• Urology & Gynecology Surgery
• Orthopedic Surgery
• Ophthalmic Surgery
• Dental Surgery
• Others

Global Veterinary Surgical Instruments Market: By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa