Planet Market Reports projects that the Animal Wound Care market size will grow from USD 875.5 Million in 2017 to USD 1,299.2 Million by 2023, at an estimated CAGR of 6.8%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
Factors such as growing population of companion as well as livestock animals; rising demand for pet insurance along with increasing animal healthcare expenditure; and increasing number of veterinary practitioners and their income levels in developed regions are the major drivers for the growth of the market. However, increasing pet care costs are expected to restrain the growth of this market. Emerging markets such as China, India, and Brazil offer significant growth opportunities for the growth of market. Low adoption of advanced wound care products and shortage of vet practitioners in emerging markets are the major market challenges for this industry.
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By Market Players
3M Company, B Braun Melsungen AG, Ethicon, Inc. Johnson & Johnson , Medtronic PLC, Jørgen Kruuse A/S, Acelity L.P. Inc., Advancis Veterinary Ltd., Bayer AG, Neogen Corporation, Robinson Healthcare Ltd., Virbac,,
By Market Players
Surgical Wound Care Products, Advanced Wound Care Products, Traditional Wound Care Products, Therapy Devices, ,
Hospitals, Clinics, Home Care,
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