Canada Animal Wound Care Market Size & Outlook, 2023-2030
Canada animal wound care market, 2018-2030 (US$M)
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Canada animal wound care market highlights
- The Canada animal wound care market generated a revenue of USD 70.0 million in 2023 and is expected to reach USD 113.0 million by 2030.
- The Canada market is expected to grow at a CAGR of 7.1% from 2024 to 2030.
- In terms of segment, surgical wound care products was the largest revenue generating product in 2023.
- Therapy Devices is the most lucrative product segment registering the fastest growth during the forecast period.
Animal wound care market data book summary
| Market revenue in 2023 | USD 70.0 million |
| Market revenue in 2030 | USD 113.0 million |
| Growth rate | 7.1% (CAGR from 2023 to 2030) |
| Largest segment | Surgical wound care products |
| Fastest growing segment | Therapy Devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Surgical Wound Care Products, Advanced Wound Care Products, Traditional Wound care Products, Therapy Devices |
| Key market players worldwide | B. Braun, Medtronic PLC, 3M Co, Johnson & Johnson, Virbac SA, Neogen Corp, ADA Animal Hospital, Innovacyn, Vernacare |
Other key industry trends
- In terms of revenue, Canada accounted for 6.2% of the global animal wound care market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. animal wound care market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 113.0 million by 2030.
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Animal Wound Care Market Scope
Animal Wound Care Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada animal wound care market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to animal wound care market will help companies and investors design strategic landscapes.
Surgical wound care products was the largest segment with a revenue share of 38.57% in 2023. Horizon Databook has segmented the Canada animal wound care market based on surgical wound care products, advanced wound care products, traditional wound care products, therapy devices covering the revenue growth of each sub-segment from 2018 to 2030.
For instance, in December 2020, a private biotech company called Imbed Biosciences Inc. made a distribution contract with Jorgensen Laboratories to deliver the company’s Micro Lyte VET (veterinary wound dressings) to Canadian and U.S. veterinary clinics & hospitals.
Territories and provinces also have laws concerning the care and treatment of farm animals, which further supports market growth. According to Pet Keen 2022, the country has 58% cat owners and 51% dog owners, where 46% of cat owners take their pets to veterinarians on a routine basis.
Hence, increasing animal adoption and routine vet visits contribute to the country’s market growth. In addition, the availability of a wide range of products owing to the presence of numerous players and suppliers in the country further supports market growth.
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Our clientele includes a mix of animal wound care market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada animal wound care market , including forecasts for subscribers. This country databook contains high-level insights into Canada animal wound care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada animal wound care market size, by product, 2018-2030 (US$M)
Canada Animal Wound Care Market Outlook Share, 2023 & 2030 (US$M)
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