April 4, 2020

Veterinary Surgical Sutures Market: Global Industry Size, Share, Growth, Trends, Analysis and Forecast 2018 to 2026

According to the latest report published by Credence Research, Inc. “Veterinary Surgical Sutures Market – Growth, Future Prospects and Competitive Analysis, 2018-2026,” the global market for veterinary surgical sutures was valued at USD 232.0 million in 2017 and is expected to reach USD 418.6 million by 2026, increasing to CAGR by 6.7 per cent from 2018 to 2026.

Market Insights

Veterinary sutures are one of the most preferred surgical devices in veterinary surgeries or in wound closures. Companion animals account for almost 50% of the market compared to farm animals. The reason for this dominance is an increasing trend of petting animals in the younger generation and a high level of awareness of the health of companion animals in pet owners. Growing technological developments in the animal husbandry industry have increased the profit margins of business owners, due to an increase in the demand for farm animals, which further assists the animal health market. Improvement in the field of suture manufacturing process coupled with the availability of a wide range of surgical sutures for veterinary applications identified as key factors responsible for the overall growth of the market for veterinary sutures.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/veterinary-surgical-sutures-market

Veterinary surgical sutures may be segmented as absorbable and non-absorbable. Absorbable surgical sutures are further segmented as monofilament, natural, and woven. Non-absorbable surgical sutures are sub-segmented as monofilaments and braided. Absorbable surgical sutures accounted for the largest market share in 2017 due to key market drivers, such as highly safe & minimal post-surgery complications, cost-effective and minimal wear and tear in the targeted area. Monofilament is currently the most preferred surgical suture as it causes less damage to the tissues of the skin and reduces the chances of post-surgery infection.

North America has been identified as the largest market for veterinary surgical sutures due to high public awareness of safe and efficient surgical sutures, minimal invasive veterinary surgeries promoting the minimum application of sutures to aid rapid recovery of animals, and the high availability and accessibility of modern healthcare infrastructure. One of the main reasons that indirectly contributes to the growth of the market is that an increasing number of individuals prefer a pet animal at home and imbibe this culture and idea in young people. According to the 2017-2018 National Pet Owners Survey conducted by the American Pet Products Association (APPA), 60 per cent of U.S. households, or about 85 million families, own pets. Supporting health insurance policies for pets therefore also trigger the market for veterinary surgical sutures in the near future.

Access Free Sample Copy of Research Report: https://www.credenceresearch.com/sample-request/59537

Market Competition Assessment:

The growth of veterinary surgical sutures is gradual and major companies present in this market are investing on development of cost-efficient & safe veterinary surgical sutures. The key market players in this market are Medtronic plc, B.Braun, DemeTech, KRUUSE UK Ltd., Ethicon US, LLC, Teleflex Incorporated, Q-Close (Clinisupplies Ltd.), and AmerisourceBergen Corporation among others.

Key Market Movements:

  • Rising awareness related to animal care is assisting the overall veterinary diagnostic & treatment market
  • Technological enhancement in veterinary surgical sutures in terms of the design, physical properties and efforts to minimize post-surgery side-effects
  • Absorbable surgical sutures accounted for the largest market share in overall veterinary surgical sutures market due to several advantages over non-absorbable surgical sutures
  • North America dominated the overall veterinary surgical sutures market globally due to recorded highest number of pet and cattle surgeries.

Access Free Sample Copy of Research Report: https://www.credenceresearch.com/sample-request/59537

 [Note: Our Free Complimentary Sample Report Accommodate a Brief Introduction To The Synopsis, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology are also Included]

Report Scope by Segments

By Type of Sutures Segment

 • Linear Vibrating Screen

 • Circular Vibrating Screen

 • Elliptical Vibrating Screen

 By End-User Segment

 • Direct Drive

 • Indirect Drive

By Geography Segment

· North America (the U.S., Rest of North America)

· Europe (U.K., Germany, France, Rest of Europe)

· Asia Pacific (China, Japan, India, Rest of Asia Pacific)

 • Rest of World (Middle East & Africa (MEA), Latin America)

Key questions answered in this report

  • Which is the most preferred veterinary surgical suture type in the market & Why?
  • What are the current market strategies applied by the key market players & competitive analysis specific to veterinary surgical sutures market?
  • Which are the key geographical markets (regions and countries) in veterinary surgical sutures market?
  • Which is the largest and fastest growing veterinary surgical sutures types globally?
  • How is the competitive landscape of veterinary surgical sutures market and strategies of key players present in this industry?
  • Which is the major end-user of surgical sutures & Why?

Access Free Sample Copy of Research Report: https://www.credenceresearch.com/sample-request/59537

Leave a Reply

Your email address will not be published. Required fields are marked *