Product Code: GVR-4-68039-944-5
Veterinary Electrosurgery Market Growth & Trends:
The global veterinary electrosurgery market size is expected to reach USD 906.7 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.9% from 2022 to 2030. Growing pet population, adoption of pet insurance in, increasing veterinary care costs, and humanization of pets are some of the key drivers of this market.
The COVID-19 pandemic presented several challenges for the animal industry including pet owners, animal health companies, veterinarians, and veterinary hospitals. However, the industry soon began to respond to the pandemic by deploying supportive measures to ensure access to veterinary care and other services. Owing to stringent lockdown norms, limited operation of veterinary hospitals and clinics has seen which consequently resulted in a decline of veterinary visits, thus impacting the market. However, the veterinary visits have shown V-shaped recovery during the 3rd quarter of 2020 due to the resumption of pet clinic visits and ease of norms.
The dramatic upsurge in the number of veterinary hospitals around the globe along with the rising choice to follow veterinary practices will improve veterinary electrosurgery industry. For instance, in June 2021, CVS Group announced the planning of a new state-of-the-art specialist veterinary hospital in Bristol. The hospital will open in 2022 with modern technology and treatments in all disciplines, including orthopedics, general surgery, internal medicine, neurology, and neurosurgery, among others.
The proliferation of government administrations associated with animal healthcare and even distinct animal healthcare organizations will surge the demand for treatments across developing nations. These organizations focus on animals in sanctuaries and zoos. Thus, supports market growth. Furthermore, development in veterinary surgery has always followed in the footsteps of human surgery, as innovative techniques were usually initially developed in animals, before being used in both fields. In less than 50 years, veterinary surgery has gone from survival surgery intended to avoid death, often to the detriment of function, to preventive surgery. The future of veterinary surgery is often observed as the present of its human counterpart. Thus, supports in market growth.
Veterinary Electrosurgery Market Report Highlights:
- Consumables and accessories showed the fastest growing market owing to increased usage of consumables in veterinary surgeries
- Under the animal type segment, small animal held the major share in 2021. The growth can be attributed to increasing pet insurance and growing companion ownership
- The general surgery segment held the largest revenue share in 2021 owing to the large volume of these type surgeries, such as soft-tissue surgeries, etc.
- The others segment is expected to show the fastest growth over the forecast period due to their rapidity, efficiency and identification, and development of new surgery methods
- North America is expected to emerge as the dominant region in this market space over the forecast period. The U.S. is observed to have highest number of companies dealing in this space, which in turn, has contributed to the large share of regional market
- The market is fragmented with many big and small industry players. Key players are adopting business strategies such as business expansion, joint ventures, and others
- In July 2020, Onemytis 2, new type of electrosurgical instrument was launched in the U.K. Onemytis has gained a significant recognition from veterinary surgeons in Europe over the previous couple of years
Table of Contents
Chapter 1 Research Methodology & Scope
- 1.1 Market Segmentation & Scope
- 1.1.1 Estimates and Forecast Timeline
- 1.2 Research Methodology
- 1.3 Information Procurement
- 1.3.1 Purchased database:
- 1.3.2 GVR's Internal Database
- 1.3.3 Secondary sources
- 1.3.4 Primary Research:
- 1.3.5 Details of Primary Research
- 1.4 Information or Data Analysis
- 1.4.1 Data Analysis Models
- 1.5 Market Formulation & Validation
- 1.6 Model Details
- 1.6.1 Commodity Flow Analysis (Model 1)
- 1.6.1.1 Approach 1: Commodity Flow Approach
- 1.7 List of Secondary Sources
- 1.8 List of Primary Sources
- 1.9 Report Objectives
Chapter 2 Executive Summary
- 2.1 Market Outlook
- 2.1.1 Veterinary Electrosurgery market Outlook, 2017 - 2030 (USD Million)
- 2.2 Veterinary Electrosurgery Market Summary, 2021
Chapter 3 Veterinary Electrosurgery Market Variables, Trends & Scope
- 3.1 Market Lineage Outlook
- 3.1.1 Parent market analysis
- 3.1.2 Ancillary market Analysis
- 3.2 Penetration & Growth Prospect Mapping
- 3.3 Veterinary Electrosurgery Market Dynamics
- 3.3.1 Market driver analysis
- 3.3.2 Market restraint analysis
- 3.4 Veterinary Electrosurgery Market Analysis Tools: Porters
- 3.4.1 Supplier Power
- 3.4.2 Buyer Power
- 3.4.3 Threat of Substitutes
- 3.4.4 Threat of New Entrants
- 3.4.5 Competitive Rivalry
- 3.5 PESTEL Analysis
Chapter 4 Veterinary Electrosurgery Market: Covid-19 Impact
- 4.1 COVID-19 Prevalence Analysis
- 4.2 Current Impact & Future Scenario
- 4.3. Impact on Market Players
Chapter 5 Veterinary Electrosurgery Market: Product Estimates and Forecasts to 2030
- 5.1 Veterinary Electrosurgery Market: Product Movement Analysis
- 5.2 Bipolar Electrosurgery Instruments
- 5.2.1 Bipolar Electrosurgery Instruments market estimates and forecasts, 2017 - 2030 (USD million)
- 5.3 Monopolar Electrosurgery Instruments
- 5.3.1 Monopolar Electrosurgery Instruments market estimates and forecasts, 2017 - 2030 (USD million)
- 5.4 Consumables & Accessories
- 5.4.1 Consumables & Accessories market estimates and forecasts, 2017 - 2030 (USD million)
Chapter 6 Veterinary Electrosurgery Market: Animal Type Estimates and Forecasts to 2030
- 6.1 Veterinary Electrosurgery Market: Animal Type Movement Analysis
- 6.2 Small animal
- 6.2.1 Small animal market estimates and forecasts, 2017 - 2030 (USD million)
- 6.3 Large Animal
- 6.3.1 Large Animal market estimates and forecasts, 2017 - 2030 (USD million)
Chapter 7 Veterinary Electrosurgery Market: Application Estimates and Forecasts to 2030
- 7.1 Veterinary Electrosurgery Market: Application Movement Analysis
- 7.2 General Surgery
- 7.2.1 General Surgery market estimates and forecasts, 2017 - 2030 (USD million)
- 7.3 Dental Surgery
- 7.3.1 Dental Surgery market estimates and forecasts, 2017 - 2030 (USD million)
- 7.4 Gynecological & Urological Surgery
- 7.4.1 Gynecological & Urological Surgery market estimates and forecasts, 2017 - 2030 (USD million)
- 7.5 Orthopedic Surgery
- 7.5.1 Orthopedic Surgery market estimates and forecasts, 2017 - 2030 (USD million)
- 7.6 Others
- 7.6.1 Others market estimates and forecasts, 2017 - 2030 (USD million)
Chapter 8 Veterinary Electrosurgery Market: End-Use Estimates and Forecasts to 2030
- 8.1 Veterinary Electrosurgery Market: Disease End - Use Movement Analysis
- 8.2 Veterinary Hospitals and Clinics
- 8.2.1 Veterinary Hospitals and Clinics market estimates and forecasts, 2017 - 2030 (USD million)
- 8.3 Others
- 8.3.1 Others market estimates and forecasts, 2017 - 2030 (USD million)
Chapter 9 Veterinary Electrosurgery Market: Regional Estimates & Trend Analysis, By, Product, Animal Type, Application, and End-Use
- 9.1 Regional Market Snapshot
- 9.2 Regional Outlook, 2021 & 2030
- 9.3 North America
- 9.4 Europe
- 9.4.1 U.K.
- 9.4.2 Germany
- 9.4.3 France
- 9.4.4 Italy
- 9.4.5 Spain
- 9.5 Asia Pacific
- 9.5.1 Japan
- 9.5.2 China
- 9.5.3 India
- 9.6 Latin America
- 9.6.1 Mexico
- 9.6.2 Brazil
- 9.7 MEA
- 9.7.1 South Africa
- 9.7.2 Saudi Arabia
Chapter 10 Competitive Landscape
- 10.1 Market participation categorization
- 10.2 Public Companies
- 10.2.1 Company market position analysis
- 10.2.2 Synergy Analysis: Major Deals & Strategic Alliances Analysis
- 10.3 Detailed List of Market Players
Chapter 11 Company Profiles
- 11.1 Symmetry Surgical Inc.
- 11.1.1 Company overview
- 11.1.2 Financial performance
- 11.1.3 Product benchmarking
- 11.1.4 Strategic initiatives
- 11.2 DRE Veterinary
- 11.2.1 Company overview
- 11.2.2 Financial performance
- 11.2.3 Product benchmarking
- 11.2.4 Strategic initiatives
- 11.3 B. Braun Melsungen AG
- 11.3.1 Company overview
- 11.3.2 Financial performance
- 11.3.3 Product benchmarking
- 11.3.4 Strategic initiatives
- 11.4 Medtronic
- 11.4.1 Company overview
- 11.4.2 Financial Performance
- 11.4.3 Product benchmarking
- 11.5 Summit Hill Laboratories
- 11.5.1 Company overview
- 11.5.2 Financial Performance
- 11.5.3 Product benchmarking
- 11.6 Kwanza Veterinary
- 11.6.1 Company overview
- 11.6.2 Financial performance
- 11.6.3 Product benchmarking
- 11.6.4 Strategic initiatives
- 11.7 Burtons Medical Equipment Ltd.
- 11.7.1 Company overview
- 11.7.2 Financial performance
- 11.7.3 Product benchmarking
- 11.7.4 Strategic initiatives
- 11.8 EICKEMEYER
- 11.8.1 Company overview
- 11.8.2 Financial performance
- 11.8.3 Product benchmarking
- 11.8.4 Strategic initiatives
- 11.9 Macan Manufacturing
- 11.9.1 Company overview
- 11.9.2 Financial performance
- 11.9.3 Product benchmarking
- 11.9.4 Strategic initiatives
- 11.10 KARL STORZ
- 11.10.1 Company overview
- 11.10.2 Financial Performance
- 11.10.3 Product benchmarking