What Has Been the Growth of the Animal Wound Care Market So Far?
The animal wound care market has seen considerable growth due to a variety of factors.
•In recent years, the animal wound care market has displayed robust growth. Projected figures show an increase from $1.29 billion in 2024 to $1.38 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 7.6%.
This historical growth trend is attributed to factors such as a rise in pet ownership, improved awareness and education, an increase in pet insurance, and strengthened regulatory support.
What Are the Future Growth Projections for the Animal Wound Care Market?
The animal wound care market is expected to maintain its strong growth trajectory in upcoming years.
• The market size for animal wound care is projected to witness robust expansion in the forthcoming years, reaching "$1.92 billion in 2029, with a compound annual growth rate (CAGR) of 8.5%.
This surge in growth during the prediction period can be credited to factors such as a rising pet population, escalated veterinary spending, emphasis on preventive healthcare, unfolding markets, and regulatory stress on animal wellbeing. Predominant trends observed during the projected period are advancements in technology, a focus on preventive care, the introduction of natural and organic products, the use of telemedicine in veterinary practices, and individually tailored treatment strategies.
What Are The Core Factors Supporting Growth In The Animal Wound Care Market?
The escalation in pet adoption is projected to bolster the expansion of the animal wound care market in the future. Acquiring pets through rescue groups rather than from pet retailers or breeders is what characterizes pet adoption. Those who adopt pets often seek out animal wound care to guard their pets against various types of wounds or for use in emergency situations. With increased pet adoption, the demand for the animal wound care market likewise increases. To illustrate, in November 2022, a national consensus on pets and people disclosed by Animal Medicines Australia (AMA), a body based in Australia that signifies the leaders of the animal health industry, approximately half of Australian households have at least one dog, affirming their status as the most common household pet. In addition, roughly 48% of households in 2022 reported owning dogs. Hence, the rise in pet adoption fuels the animal wound care market.
What Are The Major Segments Within The Global Animal Wound Care Market?
The animal wound care market covered in this report is segmented –
1) By Product: Surgical Wound Care Products, Advanced Wound Care Products, Traditional Wound Care Products, Therapy Devices
2) By Animal: Companion Animals, Livestock Animals
3) By Distribution Channel: Retail, E-commerce
4) By End-Users: Veterinary Hospitals Or Clinics, Homecare, Other End Users
Subsegments:
1) By Surgical Wound Care Products: Surgical Sutures, Surgical Staples, Hemostatic Agents
2) By Advanced Wound Care Products: Hydrogel Dressings, Foam Dressings, Antimicrobial Dressings
3) By Traditional Wound Care Products: Gauze And Pads, Adhesive Bandages, Antiseptics
4) By Therapy Devices: Negative Pressure Wound Therapy Devices, Electromagnetic Field Therapy Devices, Ultrasound Therapy Devices
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Which Trends Are Expected To Transform The Animal Wound Care Market?
In the animal wound care market, the rising trend is product innovation. The leading market participants are focusing on producing innovative products to fortify their market hold. Demonstrating this, KeraVet Bio Inc, an Indian veterinary wound care firm, brought to market the KeraVet Gel in August 2024. This was mainly developed to manage self-destructive actions such as licking and simultaneously promote accelerated wound recovery, eliminating the requirement for a cone. The KeraVet Gel incorporates patented keratin technology and contains a bitterant to dissuade the habit of licking.
Who Are the Key Players in the Animal Wound Care Market?
Major companies operating in the animal wound care market include:
• B. Braun Melsungen AG
• Medtronic plc
• 3M Company
• Johnson & Johnson
• Virbac SA
• Advancis Veterinary Ltd.
• Innovacyn Inc.
• Vernacare Limited
• Neogen Corporation
• KeriCure Inc.
• Sonoma Pharmaceuticals Inc.
• Elanco Animal Health Incorporated
• Dechra Pharmaceuticals PLC
• Jørgen Kruuse A/S
• Robinson Healthcare Limited
• Sentrx Animal Care Inc.
• Ethicon Inc.
• BioNote Inc.
• Heska Corporation
• BioCure Inc.
• VetCare Inc.
• VetStem Biopharma Inc.
• VetCell Therapeutics PBC
• VetWound Inc.
• VetMedWound LLC
• VetDerm Solutions
• VetHeal
What Is The Most Dominant Region In The Animal Wound Care Market?
North America was the largest region in the animal wound care market in 2024. The regions covered in the animal wound care market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
