South Africa Animal Wound Care Market Size & Outlook
South Africa animal wound care market, 2018-2030 (US$M)
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South Africa animal wound care market highlights
- The South Africa animal wound care market generated a revenue of USD 5.5 million in 2023 and is expected to reach USD 9.9 million by 2030.
- The South Africa market is expected to grow at a CAGR of 8.7% 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 5.5 million |
| Market revenue in 2030 | USD 9.9 million |
| Growth rate | 8.7% (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, South Africa accounted for 0.5% 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 Middle East & Africa, South Africa animal wound care market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 9.9 million by 2030.
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Animal Wound Care Market Scope
Animal Wound Care Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa 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 41.82% in 2023. Horizon Databook has segmented the South Africa 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.
South Africa’s pet industry is growing at a significant rate owing to the rising adoption of companion animals, which drives sales of veterinary products in the country. According to the Wisconsin Economic Development Corporation (WEDC), as of January 2022, the country had an estimated 9.1 million dogs and 2.4 million cats.
The report suggests that South Africa ranks 13th in the animal health products global sales. It also has over 500 currently running veterinarian businesses that offer several services, including wound care procedures. MediPet animal insurance in South Africa offers accident plans, essential plans, etc., catering to varying needs & affordability of pet parents.
Accidental injuries resulting in fractured bone, ligament or tendon rupture, and other trauma conditions are covered under the insurance plans. Availability of insurance helps decrease the barriers to opting for surgery, thus fueling market growth.
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Target buyers of South Africa animal wound care market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa animal wound care market , including forecasts for subscribers. This country databook contains high-level insights into South Africa animal wound care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa animal wound care market size, by product, 2018-2030 (US$M)
South Africa Animal Wound Care Market Outlook Share, 2023 & 2030 (US$M)
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