Mexico Animal Wound Care Market Size & Outlook, 2023-2030
Mexico animal wound care market, 2018-2030 (US$M)
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Mexico animal wound care market highlights
- The Mexico animal wound care market generated a revenue of USD 44.3 million in 2023 and is expected to reach USD 81.4 million by 2030.
- The Mexico market is expected to grow at a CAGR of 9.1% 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 44.3 million |
| Market revenue in 2030 | USD 81.4 million |
| Growth rate | 9.1% (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, Mexico accounted for 3.9% 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 Latin America, Brazil animal wound care market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 81.4 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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Mexico 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 42.66% in 2023. Horizon Databook has segmented the Mexico 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 shifting economic and social state in the country is the most significant driver of the market in Mexico. According to the National Institute of Statistics and Geography (INEGI), 70% of the country’s households have at least one pet, therefore, making the country the second largest in the world to have most households owning pets.
According to Animal Health Bayer-Mexico, most Mexicans prefer dogs over cats with a split division of 80% and 20%, respectively. The country has an estimated dog population of 30 million and 10 million cats. In addition, factors such as growing disposable income, rising elderly population that seeks pet companionship, and shrinking household size are responsible for the growing pet industry in Mexico.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico animal wound care market , including forecasts for subscribers. This country databook contains high-level insights into Mexico animal wound care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico animal wound care market size, by product, 2018-2030 (US$M)
Mexico Animal Wound Care Market Outlook Share, 2023 & 2030 (US$M)
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