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Global Animal Wound Care Market

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Global Animal Wound Care Market Global Animal Wound Care Market

Global Animal Wound Care Market is expected to reach USD 1383.04 Million by 2024 from USD 820.15 Million in 2016 at CAGR of 6.75% (Detailed analysis of the market CAGR is provided in the report).
Global Animal Wound Care Market
Animal Wound Care is use of products that aid in recovery of the damaged tissues and in the healing of the wound. Animal wound provides clotting of the blood, structural restoration of injured tissues, and is used in veterinary practice & traumatic or in surgical procedure. Increasing acceptance of advanced wound care over the traditional products by the veterinary practitioners are expected to fuel the market growth in forecast period.

Global Animal Wound Care Market is segmented by product, animal type, end user, and geography. Product segment is sub segmented as surgical wound care products, advanced wound care products, traditional wound care products and therapy devices. Surgical wound care products segment is estimated to hold the largest market share in the forecast period. Increasing incidence of wounds in pets and increasing adoption of these products in hospitals and clinics for wound healing are the factors expected to fuel the market growth of surgical wound care products segment. Animal type segment is bifurcated as companion animals and livestock animals. Companion animals segment is expected to register highest growth during the forecast period, owing to increasing population of companion animals and rising demand for animal insurance. End-user segment is further sub segmented as hospitals & clinics and home care. The market on the basis of geography is segmented by North America, Europe, Asia-Pacific, Middle East & Africa and Latin America.

Increasing demand for pet insurance, growing animal healthcare expenditure; and increasing number of veterinary practitioners are trending the overall Global Animal Wound Care Market. However, lack of skilled personnel will restrain the market growth. North America is expected to dominate the Animal Wound Care Market in forecast period followed by Europe and APAC. Existence of well-established health care organization, rising concerns for animal health, growing pet insurance industry and growth in pet adoption in this region will fuel the Animal Wound Care Market in North America region.

The years that have been considered for the study are:
• Base year – 2016
• Estimated year – 2017
• Forecast period – 2017 to 2024

For More Information Visit @:https://www.maximizemarketresearch.com/market-report/global-animal-wound-care-market/7755/

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