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on March 30, 2023
Asia Pacific Animal Wound Care Market Overview:
In veterinary medicine, wound care plays a crucial role in managing patients and can significantly impact the recovery time and extent of trauma or surgery. Animal wound care encompasses products that repair damaged tissues and facilitate the wound healing process. Medical devices and pharmaceutical drugs tailored to the anatomy of animals are utilized to address wounds. The market for animal wound care is driven by the growing acceptance of pets and the rising demand for veterinary treatments. Additionally, the increasing number of veterinary visits is fueling market growth. The market is also being propelled by the rising adoption of companion animals and livestock, as well as the growing demand for veterinary surgeries. Moreover, the market is benefitting from the increasing demand for animal food products and the rising expenditure on veterinary healthcare.
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Key Players:
- Pharmaceuticals, Inc.
- Elanco Animal Health
- 3m Company
- Medtronic Plc
- B. Braun Melsungen Ag
- Virbac
- Neogen Corporation
- Jørgen Kruuse A/S
- Sonoma Ethicon (a Subsidiary of Johnson & Johnson)
- Dechra Pharmaceuticals
- Jazz Medical, Llc
- Smith & Nephew Plc
- Kericure Inc.
- Advancis Veterinary
- Care-Tech Laboratories, Inc.
- Robinson Healthcare
- Mila International, Inc.
- Sentrx Animal Care
- Mccord Research, Inc.
- Primavet, Inc.
- Innovacyn, Inc.
- Indian Immunologicals Ltd.
- Silverglide
- Vernacare
Asia Pacific Animal Wound Care Market By Product:
- Surgical
- Advanced
- Traditional
- Therapy Device
Asia Pacific Animal Wound Care Market Opportunities:
The pet insurance industry is currently in a growth phase in emerging economies such as India and China. As disposable incomes increase, more people are opting for pet insurance in these countries, leading to a rise in pet expenditures and a corresponding increase in pet insurance programs. This trend is expected to support the growth of the veterinary health industry and create significant opportunities for the APAC animal wound care market.
Asia Pacific Animal Wound Care Market Growth Challenges:
A significant obstacle for APAC's animal wound care products is the low level of awareness about animal healthcare in the region, particularly in emerging economies such as India and China, which are home to a large number of companion and livestock animals. The animal health expenditure in these countries is comparatively lower than in developed countries due to a lack of awareness among pet owners. Additionally, the Covid-19 pandemic has had a substantial negative impact on market growth, presenting a significant challenge for the industry.
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Asia Pacific Animal Wound Care Market Geography:
The Asia Pacific animal wound care market is expected to experience strong growth during the forecast period, with the Chinese market dominating the region. The growing awareness about livestock animal diseases is expected to further boost market growth. Additionally, the increasing disposable income and higher adoption of companion animals are propelling the animal wound care market in the region. According to the APAC 2021 research report, veterinary care ranks as the second-highest source of spending within the pet care community.
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