The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.

In-Depth Market Overview of Global Animal Wound Care Market Industry (2024-2030):

According to the latest report, the Global Animal Wound Care Market size was valued at around USD 1.24 billion in 2023 & is estimated to grow at a CAGR of about 8.5% during the forecast period, i.e., 2024–30. The report demonstrates the prominent factors propelling the exponential growth of the Global Animal Wound Care Market.

Key Takeaways: Beneficial for Stakeholders and Clients

• Historic Period: 2019-2022
• Base year: 2023
• Forecast Years: 2024-2030
• CAGR (2024-30): 8.5%
• Market Value (2023): USD 1.24 Billion

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What are the major Driver the Global Animal Wound Care Market industry?

Rising Awareness of Animal Health – The growing consciousness surrounding animal health has emerged as a key factor fueling the expansion of the animal wound care market. With a rise in pet ownership and heightened demand for livestock production, there's an increasing acknowledgment of the importance of preserving optimal health in animals. According to the American Veterinary Medical Association Report, it has been observed that a significant rise in pet ownership in the U.S. reached around 75 million dogs and 80 million cats in domiciliary areas. This rising population of pets results in a greater emphasis on veterinary care, specifically for wound and injury treatment.

Additionally, the World Organization for Animal Health (OIE) underscores the critical role of animal health in global food security, stressing the necessity of efficient wound care in livestock to uphold sustainable agriculture. The understanding of zoonotic diseases and the interdependency between animal and human health further accentuates the demand for resilient animal wound care remedies. The international marketplace is undergoing notable advancements in animal wound care as major players allocate resources to research & development. These companies are bringing forth innovative solutions, including cutting-edge wound dressings and healing agents, to cater to the diverse requirements of animals.

Global Animal Wound Care Market Segmentation

The Global Animal Wound Care Market analysis of MarkNtel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:

• By Product
  • Surgical Wound Care Products- Market Size & Forecast 2019-2030, (USD Million)
    • Sutures and Staplers- Market Size & Forecast 2019-2030, (USD Million)
    • Tissues Adhesives, Sealants, and Glues- Market Size & Forecast 2019-2030, (USD Million)
  • Advanced Wound Care Products- Market Size & Forecast 2019-2030, (USD Million)
    • Foam Dressings- Market Size & Forecast 2019-2030, (USD Million)
    • Hydrocolloid Dressings- Market Size & Forecast 2019-2030, (USD Million)
    • Film Dressings- Market Size & Forecast 2019-2030, (USD Million)
    • Hydrogel Dressings- Market Size & Forecast 2019-2030, (USD Million)
    • Others- Market Size & Forecast 2019-2030, (USD Million)
  • Traditional Wound Care Products- Market Size & Forecast 2019-2030, (USD Million)
    • Tapes- Market Size & Forecast 2019-2030, (USD Million)
    • Dressings- Market Size & Forecast 2019-2030, (USD Million)
    • Bandages- Market Size & Forecast 2019-2030, (USD Million)
    • Absorbents- Market Size & Forecast 2019-2030, (USD Million)
    • Others- Market Size & Forecast 2019-2030, (USD Million)
  • Therapy Devices- Market Size & Forecast 2019-2030, (USD Million)
• By Animal Type
  • Companion Animals- Market Size & Forecast 2019-2030, (USD Million)
    • Dogs- Market Size & Forecast 2019-2030, (USD Million)
    • Cats- Market Size & Forecast 2019-2030, (USD Million)
    • Horses- Market Size & Forecast 2019-2030, (USD Million)
    • Others- Market Size & Forecast 2019-2030, (USD Million)
  • Livestock Animals- Market Size & Forecast 2019-2030, (USD Million)
    • Cattle- Market Size & Forecast 2019-2030, (USD Million)
    • Pigs- Market Size & Forecast 2019-2030, (USD Million)
    • Poultry- Market Size & Forecast 2019-2030, (USD Million)
    • Others- Market Size & Forecast 2019-2030, (USD Million)
  • By End-User
    • Hospitals & Clinics- Market Size & Forecast 2019-2030, (USD Million)
    • Home Care Settings- Market Size & Forecast 2019-2030, (USD Million)
  • By Region
    • North America
    • South America
    • Europe
    • The Middle East & Africa
    • Asia-Pacific

As per the regional aspect, the Global Animal Wound Care Market is expected to be dominated by the North America by capturing the potential market share. 

Explore further details about this research report- https://www.marknteladvisors.com/research-library/animal-wound-care-market.html

Top Companies in the Global Animal Wound Care Market

Elanco Animal Health, 3M Company, Medtronic PLC, B. Braun Melsungen Ag, Virbac, Neogen Corporation, Jorgen Kruuse A/S, Sonoma Pharmaceuticals Inc., Ehicon, Inc., Dechra Pharmaceuticals, Jazz Medical, LLC, Smith & Nephew PLC, Care-Tech Laboratories, Inc., Others,

Global Animal Wound Care Industry Recent Development:

• 2023: Elanco announced the complete acquisition of Nutriquest-marketed products, pipeline products, and inventories, along with workforces based in the United States. This acquisition rendered help to Elanco for the expansion of its commercialized offerings for the nutritional health of swine, poultry, and cattle, as well as experimenting with antibiotic alternatives for their better treatment.

• 2022: Elanco successfully handed over all of its assets in correspondence with the microbiome R&D platform to a newly created biopharmaceutical company named BiomEdit, which emphasized enhancing solutions and exploring products for the well-being of animals.

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