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What Growth Opportunities are Expected to Drive the Animal Wound Care Market’s CAGR Through 2034?

In the past few years, the animal wound care market has seen substantial growth. The market size which was $1.29 billion in 2024, is projected to rise to $1.38 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 7.6%. The growth experienced during the historic period appears to be a result of factors such as a boom in pet ownership, increased awareness and education, an upswing in pet insurance, and regulatory support.

The market size of animal wound care is anticipated to experience robust expansion in the upcoming years. It is projected to escalate to “$1.92 billion in 2029, witnessing a compound annual growth rate (CAGR) of 8.5%. The growth during the forecast period could be associated with an increase in pet ownership, heightened veterinary spending, an emphasis on preventative healthcare, the emergence of new markets, and regulatory focus on the welfare of animals. Primary trends expected during the forecast period comprise of technological progress, an emphasis on preventative treatments, usage of natural and organic products, incorporation of telemedicine in veterinary care, and personalized treatment plans.

Which Macro and Microeconomic Factors Are Accelerating the Growth of the animal wound care Market?

The surge in pet adoption is anticipated to fuel the expansion of the animal wound care market. Animal adoption, which involves acquiring pets from rescue groups rather than buying them from pet shops or breeders, necessitates proper wound care to safeguard pets from injuries and emergencies. This rise in pet adoption subsequently increases demand within the animal wound care market. For instance, a national survey conducted by Animal Medicines Australia (AMA), an organization representing the animal health industry leaders in Australia, revealed in November 2022 that roughly 50% of Australian households own at least one dog, making them the most popular pet. Interestingly, about 48% of households reported having dogs in 2022. Consequently, the growth in pet adoption stimulates the animal wound care market.

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What Are the Leading Industry Players Dominating the Animal Wound Care Market?

Major companies operating in the animal wound care market include:

• B. Braun Melsungen AG_x000D_

• Medtronic plc_x000D_

• 3M Company_x000D_

• Johnson & Johnson_x000D_

• Virbac SA_x000D_

What Are the Latest Trends Leading to Disruption in the Animal Wound Care Market?

The emergence of product innovation is a significant trend in the animal wound care market that’s catching attention. Many influential market players are focusing on developing novel products to reinforce their dominance in the market. For example, in August 2024, KeraVet Bio Inc, a company from India specializing in veterinary wound care, introduced KeraVet Gel. This product is specifically formulated to address harmful actions such as licking, while also encouraging better wound recovery without requiring a cone. KeraVet Gel uses patented keratin technology and has a bitterant to deter licking.

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Which Market Segments Are Driving Strategic Growth and Trends in the 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

Which Regions Are Significant to the Growth of 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

What Are the Core Features That Define the Animal Wound Care Market?

Animal wound care refers to the management and treatment of wounds in animals, such as cats, dogs, and other pets and livestock. Animal wound care is important for the health and well-being of animals, as wounds can be painful. It is commonly used to promote healing and prevent infection in the wound of animals.

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