Veterinary surgical instruments market projected to reach USD 3.10 billion by 2032.
From GlobeNewswire: 2025-03-05 09:00:00
The Veterinary Surgical Instruments Market is projected to reach USD 3.10 billion by 2032, with a CAGR of 5.66%. Key drivers include rising pet ownership and demand for quality veterinary healthcare. Major players include Medtronic, Johnson & Johnson, and B. Braun Melsungen AG. The Handheld Devices segment dominates the market, with Small Animals leading by application.
The market is fueled by increased demand for quality veterinary healthcare and cutting-edge surgical innovations. The Handheld Devices segment, dominated by surgical forceps and scissors, holds a 46.23% market share. Electrosurgical Instruments are growing due to their precision and quick healing benefits. Small Animals lead by animal type, with a 68.41% share, while the Dental Surgery segment dominates by application.
Online Sales lead the purchasing channel market, with Direct Sales to Veterinary Clinics expected to grow rapidly. Veterinary Hospitals lead by end use due to advanced surgical procedures offered. The market is expected to see significant growth driven by pet adoption rates, technological advancements, and rising demand for surgical procedures among companion animals and livestock. Veterinary surgical centers offer affordable and effective outpatient procedures for pets. The market is segmented by product, animal, application, purchasing channel, and end use. North America leads with a 40.32% market share, while Asia-Pacific is expected to show fast growth. Recent developments include new surgical instruments and tools. The market saw a 12.5% rise in demand for minimally invasive tools in 2023, with global spending on veterinary surgeries reaching USD 9.2 billion. Registered veterinary surgeons specializing in surgical procedures grew by 7.8% in 2023. For more details, visit https://www.snsinsider.com/reports/veterinary-surgical-instruments-market-5667. SNS Insider is a leading market research and consulting agency providing essential market data and insights for confident decision-making.
Read more at GlobeNewswire: Veterinary Surgical Instruments Market Size to Hit USD 3.10