September 22, 2022 12:15 ET | Source: Verified Market Research Verified Market Research
Boonton, New Jersey, UNITED STATES
Jersey City, New Jersey, Sept. 22, 2022 (GLOBE NEWSWIRE) -- Verified Market Research recently published a report, “Animal Wound Care Market” By Animal Type (Companion Animals and Livestock Animals), By End-User (Home Care, and Hospitals & Clinics), By Product (Surgical Wound Care Products, Advanced Wound Care Products, Traditional Wound Care Products, Therapy Devices), and By Geography.
The Animal Wound Care Market size was valued at USD 1,043.47 Million in 2020 and is projected to reach USD 1,731.84 Million by 2028, growing at a CAGR of 7.51% from 2021 to 2028, according to the most recent study from Verified Market Research.
Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=5354
Browse in-depth TOC on “Animal Wound Care Market”
Global Animal Wound Care Market Overview
There is increased demand for surgeries owing to the rising prevalence of osteoarthritis and dental conditions. For instance, according to a report by APPA, pet owners in the U.S. spent around USD 32.3 billion in veterinary care in 2020. The livestock animal segment is also expected to show significant growth due to the increased demand for animal protein and growing consumer awareness about high-quality products. For instance, the EU provided subsidies between USD 30.68 to USD 35.0 billion as per Greenpeace NGO in 2019 to maintain the well-being of large animals, such as equines, livestock animals, or other farm animals surging growth.
Over the last few years, companion animal ownership has experienced steady growth, specifically in emerging markets such as China and India. An increasing spending activity by many pet owners in these countries is now willing to spend more on pet care, specifically healthcare services. Moreover, according to a Dairy Tech India article, India is emerging as the world’s second-largest poultry market, with an annual growth of more than 14%. India is the world’s largest milk producer. Thus, the rising spending in the veterinary healthcare market is expected to create opportunities for market growth. However, the average household in the US spent USD 731 on routine doctor and surgical visits for dogs in the year 2019, an increase of 47% as compared to a decade ago. Likewise, USD 427 was spent on routine doctor and surgical visits for cats in 2019. Moreover, in Germany, the annual veterinary cost is approximately USD 162.9 per dog and USD 75.61 per cat.
The “Global Animal Wound Care Market” study report will provide valuable insight emphasizing the global market. The major players in the market are
Based on the research, Verified Market Research has segmented the global Animal Wound Care Market into Animal Type, End-User, Product Type, and Geography.
Feed Antioxidants Market By Type (Synthetic Antioxidants, Natural Antioxidants), By Form (Liquid, Dry), By Animal (Cattle, Poultry, Aquaculture), By Geography, And Forecast
Veterinary Medicine Market By Animal Type (Production Animals, Companion Animals), By Product Type (Drugs, Vaccines, Medicated Feed Additives), By Geography, And Forecast
Animal Growth Promoters And Performance Enhancers Market Size By Animal Type (Poultry, Livestock, Aquaculture), By Product Type (Antibiotic Growth Promoter, Non-Antibiotic Growth Promoter, By Geography, And Forecast
Companion Animal Care Market By Product (Grooming Products, Housing Products, Utility Products, Styling Products, Other), By Application (Application I, Application II), By Geography, And Forecast
World’s Top 10 Animal Health Companies rendering ideas for better health of animals
Visualize Animal Wound Care Market using Verified Market Intelligence -:
Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.
VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.
Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information-enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals, and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance and use industrial techniques to collect and analyze data on more than 15,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & Construction, Agriculture industry and Medical Devices from over 100 countries.