Veterinary Surgical Instruments Market Size By Product (Sutures & Staplers, Forceps, Scalpels, Surgical Scissors, Hooks & Retractors, Trocars & Cannulas, Electro-surgery Instruments), By Animal Type (Small & Medium Animals, Large Animals), By Application

Veterinary Surgical Instruments Market Size By Product (Sutures & Staplers, Forceps, Scalpels, Surgical Scissors, Hooks & Retractors, Trocars & Cannulas, Electro-surgery Instruments), By Animal Type (Small & Medium Animals, Large Animals), By Application (Dental Surgery, Orthopedic Surgery, Neurosurgery, Ophthalmic Surgery), By End-use (Veterinary Clinics, Veterinary Hospitals, Research Centers & Academia), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2022 - 2030

The veterinary surgical instruments market is poised to experience significant growth through 2030 owing to rising pet adoption. In addition, burgeoning animal health awareness, along with increasing expenditure on veterinary surgeries across the globe, is likely to propel market growth over the forecast period.

With the onset of the COVID-19 pandemic, the veterinary healthcare industry witnessed a rise in demand impelled by the surge in pet ownership. Recently, mounting emphasis on research & development has been beneficial for the product landscape, thereby improving overall veterinary surgical instruments market dynamics. For instance, in May 2022, the Cummings School of Veterinary Medicine opened its new Joseph Kelley, DVM Simulation Laboratory spread across 3,000 sq. ft to assist veterinary students in developing hands-on skills and enhancing their clinical abilities.

In another instance, in September 2020, the Paragon Veterinary Referrals, an animal referral center in Wakefield, the UK, installed the Zeiss OPMI CS NC-2 neurosurgical microscope. The microscope is designed to yield better results for animals, improve the well-being and health of surgeons employing it, and augment the hospitals’ capabilities to deal with complex brain and spinal surgeries. It also offers excellent magnification and allows superior operational flexibility due to its high internal stability.

The veterinary surgical instruments market has been bifurcated on the basis of product, application, animal type, end-use, and region.

With regard to product, the market has been segmented into sutures & staplers, scalpels, hooks & retractors, electro-surgery instruments, forceps, surgical scissors, trocars & cannulas, and others. in 2021, the forceps segment accounted for about $116.1 million in revenue.

Based on application, the veterinary surgical instruments industry has been divided into orthopedic surgery, ophthalmic surgery, dental surgery, neurosurgery, and others. The neurosurgery segment is anticipated to register steady growth at around 8.0% CAGR between 2022 and 2030.

In context of animal type, the veterinary surgical instruments market has been divided into large animals and small & medium animals. The large animals segment held a market share of approximately 37.1% in 2021 and is estimated to grow at a steady pace in the forthcoming years.

By end-use, the market has been categorized into veterinary hospitals, veterinary clinics, and research centers & academia. Among these, the veterinary clinics segment is expected to be valued at more than $1.3 billion by the end of 2030.

On the regional front, the veterinary surgical instruments industry in the Latin America region contributed to about 12.2% of the global market revenue in 2021. Meanwhile, the Middle East & Africa veterinary surgical instruments market is set to witness substantial growth at a CAGR of nearly 8.5% through the analysis timeframe.