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Veterinary Sutures Market by Product Type (Absorbable suture, Non-absorbable suture), by Animal Type (Small & medium animals, Large animals), by Application (Soft tissue surgery, Orthopedic surgery, Dental surgery, Ophthalmic Surgery, Other applications), by End-use (Veterinary clinics, Veterinary hospitals, Research centers and academia), by North America (U.S., Canada), by Europe (Germany, UK, France, Italy, Spain, Rest of Europe), by Asia Pacific (China, Japan, India, Australia, Rest of Asia Pacific), by Latin America (Brazil, Mexico, Rest of Latin America), by Middle East & Africa (Saudi Arabia, South Africa, Rest of Middle East & Africa) Forecast 2025-2033
The size of the Veterinary Sutures Market was valued at USD 198 Million in 2023 and is projected to reach USD 301.67 Million by 2032, with an expected CAGR of 6.2% during the forecast period. The focus of the Veterinary Sutures Market is on creating and utilizing suturing products that are specially made for closing wounds and incisions in animals. These stitches are employed in a range of veterinary procedures, including regular surgeries and intricate treatments, for pets, livestock, and other creatures. The market offers various types of sutures, including absorbable and non-absorbable, which are crafted from materials such as nylon, polyester, catgut, and synthetic polymers. The growth of the veterinary sutures market is being fueled by the rising number of pet owners, increasing awareness of animal health, and growing demand for advanced veterinary care. Moreover, the market is experiencing growth due to advancements in suture materials, like bioactive and more durable options. The market's growth has been fueled by the trend of specializing in animal healthcare, as well as increasing disposable incomes and urbanization. With the ongoing expansion of the veterinary field and the advancement of surgeries, there is an anticipated increase in the need for top-notch, effective, and secure sutures. Anticipated steady growth is expected in the market, especially in areas with robust veterinary healthcare infrastructure.
The Veterinary Sutures Market is moderately concentrated, with major players holding significant market share. Companies like Johnson & Johnson, B. Braun Melsungen AG, and CP Medical dominate the market. The industry is characterized by innovation, with continuous development of new and improved suture materials and designs. Government regulations play a critical role in shaping the market, ensuring the safety and quality of veterinary sutures. End-user concentration is dispersed, with veterinary clinics, hospitals, and research institutions being the primary consumers. The market experiences low levels of M&A activity, reflecting the stability of key players.
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 6.2% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
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