The U.S. veterinary surgical instruments market size was exhibited at USD 454.1 million in 2022 and is projected to hit around USD 805.58 million by 2032, growing at a CAGR of 5.9% during the forecast period 2023 to 2032.
Key Pointers:
Report Scope of the U.S. veterinary surgical instruments Market
Report Coverage |
Details |
Market Size in 2023 |
USD 480.89 million |
Market Size by 2032 |
USD 805.58 million |
Growth Rate from 2023 to 2032 |
CAGR of 5.9% |
Base Year |
2022 |
Forecast Period |
2023 to 2032 |
Segments Covered |
Product, Animal Type, Application, and End-use |
Key companies profiled |
Medtronic plc, Jorgen KRUSSE A/S (Henry Schein), B. Braun Vet Care, Neogen Corporation, Ethicon, Sklar Surgical Instruments, Jorgensen Labs, BMT Medizintechnik GmbH, Vimian Group, and GerMedUSA. |
Increasing awareness around pet health as well as pet care has elevated the demand for life-saving veterinary surgical procedures in the country. A majority of growth occurred during the COVID-19 pandemic, where many Americans were adopting companion animals to keep them company during the lockdowns.
While animal care has been gaining traction in the U.S. veterinary surgical instruments market may be limited due to the high expense of veterinary surgeries. Many pets and livestock require spaying and neutering surgery, hip dysplasia surgery, oral surgery, and such, with costs varying greatly between different animals as well as procedures. In light of the recent COVID-19 related economic hardships faced by people in the country, studies have shown the many owners are more inclined towards relinquishing their ownership if they cannot afford to provide their pets with the medical care they need.
Based on product, the U.S. veterinary surgical instruments market is classified into trocars & cannulas, sutures & staplers, surgical scissors, forceps, hooks & retractors, scalpels, and electro-surgery instruments. Among these, the surgical scissors segment is expected to exceed USD 190 million by 2032. Given the wide-scale availability of different types of surgical scissors, with varying shapes and sizes. The product also boasts of an extensive range of applications across all manner of veterinary surgeries, whether simple or complex, which further augments their demand in veterinary facilities.
U.S. veterinary surgical instruments market from small and medium animals segment is slated to register over 5.9% CAGR from 2023 to 2032, driven by the rapidly rising millennial pet ownership. As per a 2021 national pet owners survey conducted by American Pet Products Association, millennials account for a third of pet owners demographic in the country. Smaller pets can be easily accommodated in smaller dwellings such as apartments, and are cheaper to care for, like in terms of surgery, which is shaping overall segment outlook.
Based on application, the market is bifurcated into dental surgery, orthopedic surgery, ophthalmic surgery, and neurosurgery. The dental surgery segment accounted for almost 29.19% of the market share in 2022. According to DVM Multimedia, 80% of dogs and 70% of cats are estimated to suffer from some type of dental disease by the age of 3 years. Dental conditions account for the largest number of illnesses in pets. With many owners now becoming more aware of pet healthcare and the importance of oral care, the segment is likely to foresee considerable progress.
U.S. veterinary surgical instruments market from veterinary clinics segment held USD 255 million in 2022. This is owing to the rising number of vet clinics in the country. The better patient outreach offered by these clinics to pet owners is also expected to drive industry revenue. It is anticipated that rising pet ownership and animal health awareness would drive more visits to vets in terms of annual check-ups and monthly visits.
U.S. veterinary surgical instruments Market Segmentation
By Product | By Animal Type | By Application | By End-use |
Sutures Staplers Forceps Scalpels Surgical Scissors Hooks & Retractors Trocars & Cannulas Electro-surgery Instruments Others |
Small & Medium Animals Large Animals
|
Dental Surgery Orthopedic Surgery Neurosurgery Ophthalmic Surgery Others |
Veterinary Clinics Veterinary Hospitals Research Centers & Academia |
Chapter 1 Methodology & Scope
1.1 Methodology
1.2 Market definitions
1.3 Forecast parameters
1.4 Data sources
1.4.1 Secondary
1.4.1.1 Paid sources
1.4.1.2 Public sources
1.4.2 Primary
Chapter 2 Executive Summary
2.1 U.S. veterinary surgical instruments industry 3600 synopsis, 2020-2032
2.1.1 Business trends
Chapter 3 US Veterinary Surgical Instruments Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2020-2032
3.3 Industry impact forces
3.3.1 Growth drivers
3.3.1.1 Increasing animal healthcare expenditure
3.3.1.2 Rising awareness pertaining to various animal health conditions
3.3.1.3 Escalating demand for pet health insurance
3.3.1.4 Growth in number of veterinary practitioners
3.3.2 Industry pitfalls & challenges
3.3.2.1 High cost of veterinary surgeries
3.4 Growth potential analysis
3.4.1 By product
3.4.2 By animal type
3.4.3 By application
3.4.4 By end-use
3.5 COVID-19 impact analysis
3.6 Regulatory scenario
3.7 Pricing analysis, 2021
3.8 Porter's analysis
3.9 PESTEL analysis
Chapter 4 Competitive Landscape, 2022
4.1 Introduction
4.2 Company matrix analysis, 2022
4.3 Strategic dashboard
Chapter 5 US Veterinary Surgical Instruments Market, By Product
5.1 Key segment trends
5.2 Sutures & staplers
5.2.1 Market size, 2020-2032
5.3 Forceps
5.3.1 Market size, 2020-2032
5.4 Scalpels
5.4.1 Market size, 2020-2032
5.5 Surgical scissors
5.5.1 Market size, 2020-2032
5.6 Hooks & retractors
5.6.1 Market size, 2020-2032
5.7 Trocars & cannulas
5.7.1 Market size, 2020-2032
5.8 Electro-surgery instruments
5.8.1 Market size, 2020-2032
5.9 Others
5.9.1 Market size, 2020-2032
Chapter 6 US Veterinary Surgical Instruments Market, By Animal Type
6.1 Key segment trends
6.2 Small & medium animals
6.2.1 Market size, 2020-2032
6.3 Large animals
6.3.1 Market size, 2020-2032
Chapter 7 US Veterinary Surgical Instruments Market, By Application
7.1 Key segment trends
7.2 Dental surgery
7.2.1 Market size, 2020-2032
7.3 Orthopedic surgery
7.3.1 Market size, 2020-2032
7.4 Neurosurgery
7.4.1 Market size, 2020-2032
7.5 Ophthalmic surgery
7.5.1 Market size, 2020-2032
7.6 Others
7.6.1 Market size, 2020-2032
Chapter 8 US Veterinary Surgical Instruments Market, By End-use
8.1 Key segment trends
8.2 Veterinary clinics
8.2.1 Market size, 2020-2032
8.3 Veterinary hospitals
8.3.1 Market size, 2020-2032
8.4 Research centers & academia
8.4.1 Market size, 2020-2032
Chapter 9 Company Profiles
9.1 Medtronic plc
9.1.1 Business overview
9.1.2 Financial data
9.1.3 Product landscape
9.1.4 Strategic outlook
9.1.5 SWOT analysis
9.2 B. Braun Vet Care
9.2.1 Business overview
9.2.2 Financial data
9.2.3 Product landscape
9.2.4 Strategic outlook
9.2.5 SWOT analysis
9.3 Jorgen KRUSSE A/S (Henry Schein)
9.3.1 Business overview
9.3.2 Financial data
9.3.3 Product landscape
9.3.4 Strategic outlook
9.3.5 SWOT analysis
9.4 Ethicon
9.4.1 Business overview
9.4.2 Financial data
9.4.3 Product landscape
9.4.4 Strategic outlook
9.4.5 SWOT analysis
9.5 Sklar Surgical Instruments
9.5.1 Business overview
9.5.2 Financial data
9.5.3 Product landscape
9.5.4 Strategic outlook
9.5.5 SWOT analysis
9.6 Jorgensen Labs
9.6.1 Business overview
9.6.2 Financial data
9.6.3 Product landscape
9.6.4 Strategic outlook
9.6.5 SWOT analysis
9.7 Neogen Corporation
9.7.1 Business overview
9.7.2 Financial data
9.7.3 Product landscape
9.7.4 Strategic outlook
9.7.5 SWOT analysis
9.8 Vimian Group
9.8.1 Business overview
9.8.2 Financial data
9.8.3 Product landscape
9.8.4 Strategic outlook
9.8.5 SWOT analysis
9.9 BMT Medizintechnik GmbH
9.9.1 Business overview
9.9.2 Financial data
9.9.3 Product landscape
9.9.4 Strategic outlook
9.9.5 SWOT analysis
9.10 GerMedUSA
9.10.1 Business overview
9.10.2 Financial data
9.10.3 Product landscape
9.10.4 Strategic outlook
9.10.5 SWOT analysis