The size of the Asia Pacific Veterinary Surgical Devices Market was worth USD 146.67 million in 2022. It is further estimated to be growing at a CAGR of 7.92%, to reach USD 214.72 million by 2027. With the increasing companion animal population and growing concern regarding pets, the market is growing rapidly.
Over time, many different kinds of surgical instruments and tools have been invented. To help veterinarians to treat animals’ surgical instruments have been manufactured which are designed to perform specific actions during a surgery or operation. The amount of pet owners, as well as the companion animal population, is on the rise. The number of veterinary practitioners is also increasing.
The primary driving factors for the market's growth are increasing individual awareness regarding animal health, growing companion animal population coupled with pet insurance, and rising animal health expenditure. Also, an increase in the number of veterinary practitioners and a rise in their income levels in developed regions will assist in the market's growth.
But, factors like shortage of veterinarians in many developing regions and high pet care costs may hamper the market's growth. Also, increasing awareness among individuals in developing regions regarding animal health provides a great future potential for the market.
This research report on the Asia Pacific Veterinary Surgical Devices Market has been segmented & sub-segmented into the following categories:
Regionally, China is leading the market while India is in second place. Higher adoption rates and Higher companion animal populations have favored the dominance of China. India is expected to grow at the fastest CAGR due to increasing awareness regarding animal health and increasing livestock population. Product-wise, Sutures, Staples & accessories are holding a major share in the market.
Notable companies leading the APAC Veterinary Surgical Devices Market profiled in this report are B.Braun Vet Care GmbH, Medtronic Plc., Ethicon Inc., JORGEN KRUSSE A/S, Jorgensen Laboratories, Smiths Group Plc., Neogen Corporation, Integra LifeSciences Holding Corporation, STERIS Corporation, DRE Veterinary, GerMedUSA Inc., Surgical Holdings, Sklar Surgical Instruments, World Precision Instruments Inc., Surgical Direct.
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