Global Veterinary Surgical Instruments Market Insights Forecasts to 2033

• The Global Veterinary Surgical Instruments Market Size was Valued at USD 1.02 Billion in 2023
• The Market Size is Growing at a CAGR of 5.9% from 2023 to 2033
• The Worldwide Veterinary Surgical Instruments Market Size is Expected to Reach USD 1.82 Billion by 2033
• Asia-Pacific is expected to grow the fastest during the forecast period.

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The Global Veterinary Surgical Instruments Market Size is anticipated to exceed USD 1.82 billion by 2033, growing at a CAGR of 5.9% from 2023 to 2033.

 

Market Overview

Veterinary surgical instruments are among the most crucial components to carry out advanced procedures in treating pet animals, livestock, and even exotic species. All these components are prepared using top-of-the-line materials like stainless steel, titanium, and tungsten carbide. They have to offer extended durability, sharpness, and sterilization so as to be compatible with stringent conditions of veterinary surgery to ascertain both safety and efficiency. Some of the factors that cause growth in the veterinary surgical instruments market include increasing the adoption of companion animals caused by growing pet insurance, growing incidence of veterinary diseases, and technological advancement of surgical instruments. The minimally invasive innovations that include surgery, laparoscopy, arthroscopy, and robotic assistance revolutionized veterinary surgery compared to traditional open surgeries of previous times, which decreased patients' morbidity, discomfort, and recovery time in addition to advancements in veterinary surgical technology. It allows veterinarians to carry on most surgical procedures with heightened accuracy, efficiency, and safety. Public sources have immense data, yet not so detailed information regarding investments by governments and the surgical procedures frequency.

 

Report Coverage

This research report categorizes the market for the global veterinary surgical instruments market based on various segments and regions forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global veterinary surgical instruments market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global veterinary surgical instruments market.

 

Driving Factors

The rising cases of pets suffering from serious gum diseases are subsequently causing an increased number of dental surgeries.  An increasing number of pet owners are ready to spend their money on highly advanced medical treatments for their pets.  This is one of the factors expected to fuel the demand for veterinary surgical instruments and would be a huge booster to the growth. With regards to veterinary surgeries, the companies will produce products that cater to varying sizes and anatomy. Current technology about materials and design also means improving quality and efficiency in surgical instruments. This is going to spur market growth in the next few years.

 

Restraining Factors

Lack of animal health awareness and strict regulatory guidelines pertaining to the safety, efficacy, and accuracy of veterinary surgical instruments. As well as the shortage of skilled veterinarians in emerging countries restricts the growth of the veterinary surgical instruments market.

 

Market Segmentation

The global veterinary surgical instruments market share is classified into product, application, and animal type.

• The handheld devices segment is projected to hold the largest share of the market during the forecast period.

Based on the product, the global veterinary surgical instruments market is categorized into handheld devices, sutures, and staplers. Among these, the handheld devices segment is projected to hold the largest share of the market during the forecast period. The handhelds segment is comprised of fundamental instruments, including forceps, scalpels, surgical scissors, hooks, and retractors. Their dominance in the market can be attributed to the essential role they play in a vast range of veterinary surgeries. The robustness and accuracy of these instruments, coupled with their being required for routine surgical procedures, have made them crucial in veterinary practices.

 

• The orthopedic surgeries segment is expected to grow at the fastest CAGR during the forecast period.

Based on the application, the global veterinary surgical instruments market is categorized into dental surgeries, orthopedic surgeries, and others. Among these, the orthopedic surgeries segment is expected to grow at the fastest CAGR during the forecast period. The orthopedic surgeries segment will be driven by increased cases of orthopedic diseases in animals, innovative improvements in surgical techniques, and high awareness of animal health. Added support for growth is drawn from the increased rate at which people are keeping domestic animals, increased veterinary care health expenditure, and advancement of technology in orthopedic instruments applied to animals.

 

• The small animals segment is projected to hold the largest share of the market during the forecast period.

Based on the animal type, the global veterinary surgical instruments market is categorized into small animals, medium animals, and large animals. Among these, the small animals segment is projected to hold the largest share of the market during the forecast period. The small animals segment is propelled by the growing trend of pet ownership, which consequently leads to an increase in veterinary care services. Pets, including dogs and cats, require recurrent visits for surgeries that involve everything from simple procedures to complex surgeries, thereby increasing demand for advanced surgical instruments.

 

Regional Segment Analysis of the Global Veterinary Surgical Instruments Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

North America is projected to hold the largest share of the global veterinary surgical instruments market over the forecast period.

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North America is projected to hold the largest share of the global veterinary surgical instruments market over the forecast period. The growth in the market can be primarily attributed to the fact that North America's well-established healthcare infrastructure, including veterinary services, has fully embraced the most advanced technological advancements regarding surgical instruments. This pioneering approach to embracing new tools in veterinary care has increased the demand for advanced veterinary surgical procedures. Additionally, the region boasts a significantly higher rate of pet ownership with a growing trend towards the humanization of pets as well as higher spending on pet health care.

 

Asia-Pacific region is expected to grow at the fastest CAGR during the forecast period. The market is driven by factors such as the growing pet population, rising disposable income levels, and increasing investments in veterinary healthcare infrastructure across emerging economies such as China, India, and Southeast Asian countries. Rapid urbanization, changing lifestyle trends, and increasing pet humanization further fuel market growth in the Asia Pacific region.

 

Competitive Analysis

The report offers the appropriate analysis of the key organizations/companies involved within the global veterinary surgical instruments market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

• B. Braun SE
• Jørgen Kruuse A/S
• Steris
• Avante Animal Health
• Jorgensen Laboratories
• Vimian: Movora
• J&J
• Medtronic
• Integra LifeSciences
• Arthrex, Inc.
• Others

 

 Key Market Developments

• In September 2024, Vimian Group acquired iM3, a leading global provider of veterinary dental products and equipment, marking its entry into the veterinary dental niche. 

 

• In August 2023, The Freelance Surgical Veterinary Division unveiled its latest innovation: the VetPower Surgical Power Tool system. Boasting a wide array of interchangeable attachments, this system effortlessly caters to a range of surgical procedures.

 

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)  

 

Market Segment

• This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global veterinary surgical instruments market based on the below-mentioned segments: 

 

Global Veterinary Surgical Instruments Market, By Product

• Handheld Devices
• Sutures
• Staplers

 

Global Veterinary Surgical Instruments Market, By Application

• Dental Surgeries
• Orthopedic Surgeries
• Others

 

Global Veterinary Surgical Instruments Market, By Animal Type

• Small Animals
• Medium Animals
• Large Animals

 

Global Veterinary Surgical Instruments Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa