DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Animal Wound Care Market by Product, Animal & End User - Global Forecast to 2021" report to their offering.
The global animal wound care market is estimated to grow at a CAGR of 6.7% from 2016 to 2021, to reach USD 1,134.0 million by 2021 from USD 818.8 million in 2016.
The growth of this market is mainly attributed to rising demand for pet insurance and growing animal healthcare expenditure, increasing companion animal population, and growth in the number of veterinary practitioners in developed countries. Untapped emerging markets offer significant growth opportunities for players operating in the global animal wound care market. However, increasing pet care costs are expected to restrain the growth of this market. Low adoption of advanced wound care products and shortage of vet practitioners in emerging markets are the major challenges for this industry.
In 2015, North America commanded a major share of the animal wound care market. This is mainly due to the increasing adoption of pet animals, growing pet insurance industry, and rising veterinary healthcare expenditure in the region. However, Asia-Pacific is expected to witness the highest growth rate during the forecast period. Growth in the Asia-Pacific market can be attributed to presence of huge number of domesticated animals, increasing awareness about animal health, and growing per capita animal health expenditure in India and China.
- 3M Company
- Acelity L.P. Inc.
- Advancis Veterinary Ltd.
- B Braun Melsungen AG
- Bayer AG
- Ethicon, Inc. (Johnson & Johnson)
- Jørgen Kruuse A/S
- Medtronic PLC
- Neogen Corporation
- Robinson Healthcare Ltd.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Animal Wound Care Market, by Product
7 Animal Wound Care Market, by Animal Type
8 Global Animal Wound Care Market, by End User
9 Global Animal Wound Care Market, by Region
10 Competitive Landscape
11 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/mwn2gg/animal_wound_care