The Veterinary Surgical Devices Market size in Latin America was worth USD 109.07 million in 2022 and estimated to be growing at a CAGR of 6.93% to reach USD 152.47 million by 2027. With the increasing companion animal population and growing concern regarding pets, the market is predicted to grow steadily.
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.
Some of the factors like growing companion animal population coupled with pet insurance, increasing individual awareness regarding animal health, and rising animal health expenditure drive the market forward. Also, the increase in the number of veterinary practitioners and the rise in their income levels in developed regions will assist in the market's growth. Conversely, a limited number of veterinarians in many developing regions and high pet care costs may hamper the market's growth.
Besides, increasing awareness among individuals in developing regions regarding animal health provides great future potential.
This research report on the Latin America Veterinary Surgical Devices Market has been segmented & sub-segmented into the following categories:
By Product:
By Animals:
By Application:
By Region:
Regionally, Brazil is leading the market while Argentina is in second place. The higher adoption rate and the Higher pet adoption rate has favored the dominance of Brazil. Argentina 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.
Promising companies leading the LATAM 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.
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Product
5.1.1 Introduction
5.1.2 Sutures
5.1.3 Foreceps
5.1.4 Scissors
5.1.5 Electrosurgery Instruments
5.1.6 Cannulas
5.1.7 Staplers and accessories
5.1.8 Other Products
5.1.9 Y-o-Y Growth Analysis, By Product
5.1.10 Market Attractiveness Analysis, By Product
5.1.11 Market Share Analysis, By Product
5.2 Animals
5.2.1 Introduction
5.2.2 Canines
5.2.3 Felines
5.2.4 Large Animals
5.2.5 Y-o-Y Growth Analysis, By Animals
5.2.6 Market Attractiveness Analysis, By Animals
5.2.7 Market Share Analysis, By Animals
5.3 Application
5.3.1 Introduction
5.3.2 Soft Tissue
5.3.3 Sterilization
5.3.4 Gynecology
5.3.5 Orthopedic Surgery
5.3.6 Other Applications
5.3.7 Y-o-Y Growth Analysis, By Application
5.3.8 Market Attractiveness Analysis, By Application
5.3.9 Market Share Analysis, By Application
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Product
6.1.3.3 By Animals
6.1.3.4 By Application
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Product
6.1.4.3 By Animals
6.1.4.4 By Application
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Product
6.1.5.3 By Animals
6.1.5.4 By Application
6.2 Brazil
6.3 Mexico
6.4 Rest of Latin America
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 B.Braun Vet Care GmbH
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Medtronic Plc.
8.3 Ethicon Inc.
8.4 JORGEN KRUSSE A/S
8.5 Jorgensen Laboratories
8.6 Smiths Group Plc.
8.7 Neogen Corporation
8.8 Integra LifeSciences Holding Corporation
8.9 STERIS Corporation
8.10 DRE Veterinary
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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