Veterinary Electrosurgery Market Worth $112 Million by 2027
CHICAGO, July 8, 2022 /PRNewswire/ — According to new market research report “veterinary electrosurgery market Product (Bipolar Electrosurgery, Monopolar Electrosurgery, Consumables), Application (General, Dental, Orthopedic, Ophthalmic), Animals (Small, Large), End User (Veterinary Hospitals, Clinics) – Global Forecast to 2027″, published by MarketsandMarkets™, the global market is expected to reach $112 million by 2027 from $77 million in 2022, at a CAGR of 7.7%.
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Rising expenditure on animal health care, increasing expenditure on veterinary visits, and increasing growth in the pet population segment are some of the key factors driving the veterinary electrosurgical instruments market.
Bipolar electrosurgical instruments segment accounted for the largest share of the veterinary electrosurgical instruments market, by product in 2021
On the basis of product, the veterinary electrosurgery market is segmented into bipolar electrosurgery instruments, monopolar electrosurgery instruments, and consumables and accessories. The large share of the bipolar electrosurgical instruments segment is attributed to the limited applications of monopolar electrosurgical units and their ability to limit the damage to the surrounding tissues.
“The general surgery segment accounted for the largest share of the veterinary electrosurgical instruments market in 2021.”
Based on application, the veterinary electrosurgery market is segmented into general surgery, gynecological and urological surgery, dental surgery, ophthalmic surgery, orthopedic surgery and other applications. The large share of the general surgery market segment can be largely attributed to the treatment of various general surgical conditions such as soft tissue surgeries and growing number of veterinary professionals.
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“Small Animal Segment Holds Largest Veterinary Electrosurgical Instruments Market Share, By Animal Type in 2021”
Based on animal type, the veterinary electrosurgery market is segmented into small animals and large animals. The large share of the small animal segment can be attributed to the growing population of pets and the growing ability to spend more on animal health.
“Veterinary clinics hold the largest share of the veterinary electrosurgical instruments market, by end user in 2021”
On the basis of end users, the market is segmented into veterinary hospitals, veterinary clinics and other end users. The large share of veterinary clinics can be attributed to the increasing number of visits to the veterinarian and the growing number of private clinical practices.
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North America accounted for the largest share of the veterinary electrosurgical instruments market in 2021
In 2021, North America accounted for the largest share of the veterinary electrosurgery market, the market growth in this region is characterized by growing demand for companion healthcare services, rising per capita animal healthcare expenditures, and rising healthcare sector. pet insurance.
Major players in the veterinary electrosurgical instruments market are Covetrus, Inc. (USA), Medtronic (Ireland), Symmetry Surgical, Inc. (USA), B. Braun Vet Care GmbH (Germany), Integra LifeSciences (USA), Avante Animal Health (DRE Veterinary) (USA), Summit Hill Laboratories (USA), Burtons Medical Equipment Limited (UK), Olympus Corporation (Japan), Eickemeyer (Germany), KLS Martin (Germany), Macan Manufacturing (USA), XcelLance Medical Technologies Pvt. ltd. (India), ALSA APPARECCHI MEDICALI SRL (Italy) and KENTAMED Ltd. (Europe).
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