U.S. Veterinary Surgical Instruments Market Size By Product (Sutures & Staplers, Forceps, Scalpels, Surgical Scissors, Hooks & Retractors, Trocars & Cannulas, Electro-Surgery Instruments), By Animal (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, Application Potential, Competitive Market Share & Forecast, 2023 - 2032
U.S. veterinary surgical instruments market is slated to witness substantial growth between 2023 and 2032, primarily owing to the increasing number of veterinary practitioners. The number of veterinary hospitals and the demand for high-quality treatment, including surgery, is surging, which has led to an increase in the demand for veterinary practitioners. Besides, increasing job opportunities in developed countries such as the U.S. will further augment market growth.
Overall, the U.S. veterinary surgical instruments market has been bifurcated in terms of product, animal, application, and end-use.
In terms of product, the forceps segment is anticipated to reach more than USD 82 million by end of 2032. The growth is being driven by the increased investment on pet care and veterinary services during the forecast timeframe. Besides, to handle severely complex cases and ensure complete care, specialized surgical instruments and advanced technology are required, which is anticipated to fuel the market through the stipulated timeframe.
In the context of application, the market is likely to be characterized by orthopedic surgery, which is slated to grow at a steady rate over the estimated timeframe. There is an increasing number of road accidents that involve animals. Besides, they also get injured from firearms, fights, and falls. These factors have led to increased cases of fractures and bone-related issues in animals including cats and dogs. As a result, the demand for bone implants is also increasing. These factors will cumulatively lead to an increase in market demand through 2032.
In the context of animals, the large animal segment is poised to gain substantial traction through the estimated timeframe. Increasing focus on agricultural activities and livestock has resulted in more large animals being reared. Animals like sheep, cows, pigs, and goats are being increasingly reared on farms, apart from being engaged in government agencies like NASA, the FDA, the U.S. Department of Agriculture, and the U.S. Army. Moreover, growing chronic illnesses and prevalence of accidents among large animals are set to positively drive the veterinary surgical instrument market in the U.S.
Based on end-use, the market is likely to be characterized by veterinary hospitals, which are set to register a 6% CAGR through the estimated timeframe. The growth and expansion of this segment are likely to be driven by the increasing availability of skilled surgeons in veterinary hospitals and the growing fondness of pet owners.
Some of the crucial key players currently operating in the market include Jorgen KRUSSE A/S (Henry Schein), BMT Medizintechnik GmbH, Medtronic plc, Sklar Surgical Instruments, Jorgensen Labs, Neogen Corporation, B. Braun Vet Care, Vimian Group, and GerMedUSA.
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