Market revenue in 2023 | USD 298.9 million |
Market revenue in 2030 | USD 466.0 million |
Growth rate | 6.5% (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 |
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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 39.28% in 2023. Horizon Databook has segmented the U.S. 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 increasing adoption of companion animals & pet insurance and the rising consumption of meat & milk are the key factors driving the country’s market. In addition, advancements in animal healthcare and high disposable income of pet owners are some of the other aspects contributing to growth of the U.S. market.
Furthermore, according to IDEXX Laboratories, Inc., veterinary clinic visits grew much higher in the second half of 2021 in the U.S. when compared to the previous year, showing a positive trend in companion animal health care. The increase in pet ownership in the country supports significant market growth.
As stated by the National Pet Owners Survey 2021-2022 conducted by the American Pet Products Association (APPA), 70% (90.5 homes) of U.S. households own a pet. Besides, growing veterinary healthcare expenditure further accelerates growth of animal wound care market.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. animal wound care market , including forecasts for subscribers. This country databook contains high-level insights into U.S. animal wound care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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