Veterinary Surgical Instruments Market will Witness a Robust Growth through 2023

Posted by vinit sawant on March 18th, 2021

Market Insight

Veterinary surgical equipment market 2020 is all set to touch USD 2760.6 million by 2023, claims Market Research Future (MRFR). The market's growth is anticipated to be at a rate of 6.3% from 2017 to 2023 (evaluation period). We will provide COVID-19 impact analysis with the report, along with all the extensive key developments in the market post the coronavirus disease outbreak.

The growing cases of periodontal issues in pets combined with the escalating demand for better quality treatment options has also driven the demand for veterinary surgeries and in turn, the need for advanced veterinary surgical instruments.

The market growth has also been the outcome of the dramatic surge in the number of practitioners worldwide and the high frequency of technological innovations with regard to these instruments. Some other factors promoting market growth include the accelerated demand for health insurance of animals, rising adoption of companion animals and surge in government initiatives against zoonotic diseases.

In short, the fast growth in the demand for advanced oral surgeries and periodontal surgeries has led the market to greater heights in the past few years. Rising availability of effective post-operative pain management treatment options has also caused significant hike in surgical intervention, subsequently fostering the demand for veterinary surgical instruments.

Health conditions with regard to obesity among animals have risen in recent times, including heart diseases, osteoarthritis, diabetes and dental problems. Most of these require surgeries, which translates into higher demand for effective surgical instruments.

Noteworthy breakthroughs in the veterinary field and surgical instruments like in prosthetics and orthotics along with microfracture detection technology in racehorses has benefitted the market to a large extent