The size of the European Veterinary Surgical Devices Market was valued at USD 234.70 million in 2022. It is further estimated to be growing at a CAGR of 6.2% and worth USD 317.06 million by 2027. With the increasing companion animal population and growing concern regarding pets, the market is forecasted to grow steadily.
The amount of pet owners, as well as the companion animal population, is on the rise. The number of veterinary practitioners is also increasing. To help these veterinarians to treat animals’ surgical instruments have been manufactured which are designed to perform specific actions during a surgery or operation. Over time, many different kinds of surgical instruments and tools have been invented.
The factors driving the market's growth are rising animal health expenditure, growing companion animal population coupled with pet insurance, and increasing individual awareness regarding animal health. 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.
Nevertheless, with a limited number of veterinarians in many developing regions, expensive pet care costs may hamper the market's growth. Additionally, increasing awareness among individuals in developing regions regarding animal health provides great future potential for the market.
This research report on the European Veterinary Surgical Devices Market has been segmented & sub-segmented into the following categories:
By Product:
By Animals:
By Application:
By Region:
Geographically, the U.K. market is currently leading the European market while Germany is in second place. Higher adoption rates and favorable reimbursement policies favored the dominance of the United Kingdom. Germany 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.
Prominent companies operating in the Europe 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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