Europe Animal Wound Care Market Size & Outlook, 2023-2030
Europe animal wound care market, 2018-2030 (US$M)
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Europe animal wound care market highlights
- The Europe animal wound care market generated a revenue of USD 348.7 million in 2023.
- The market is expected to grow at a CAGR of 6.1% 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.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 348.7 million |
| Market revenue in 2030 | USD 529.0 million |
| Growth rate | 6.1% (CAGR from 2023 to 2030) |
| Largest segment | Surgical wound care products |
| Fastest growing segment | Therapy Devices |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 30.7% of the global animal wound care market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 358.1 million by 2030.
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Animal Wound Care Market Scope
Animal Wound Care Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 39.23% in 2023. Horizon Databook has segmented the Europe 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.
The European market is expected to grow at a CAGR of 6.73% during the forecast period. Enhanced veterinary health processes and implementation of advanced veterinary health care services in the region boost market growth. A large pet population and improved animal husbandry practices are further driving growth of the market in the region.
According to FEDIAF 2021 report, in Europe, 113.6 million cats accounted for the major share of the pet population followed by dogs at 92.9 million. As per the report, 90 million households (46%) were estimated to own at least one pet animal. Therefore, a large pet population in the region significantly boosts market growth.
The regional key players in the market are initiating numerous growth strategies, such as partnerships, collaborations, mergers, and acquisitions to enhance their market presence. For instance, in February 2020, Sonoma Pharmaceuticals announced that it effectively closed on an asset purchase agreement for USD 1.1 million with MicroSafe Group.
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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 continent-level data and insights on the Europe animal wound care market , including forecasts for subscribers. This continent databook contains high-level insights into Europe animal wound care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe animal wound care market size, by country, 2018-2030 (US$M)
Europe Animal Wound Care Market Outlook Share, 2023 & 2030 (US$M)
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