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Global Veterinary Electrosurgery Market to reach USD 108 million by 2027.

Global Veterinary Electrosurgery Market Size study, by Product (Bipolar Electrosurgical Instruments, Monopolar Electrosurgical Instruments, Consumables & Accessories), by Application (General Surgery, Gynecological & Urological Surgery, Dental Surgery, Orthopedic Surgery, Others), by Animal Type (Small Animals, Large Animals) and Regional Forecasts 2020-2027

Product Code: HALMDAE_56886727
Publish Date: 29-10-2020
Page: 200

Global Veterinary Electrosurgery Market is valued approximately at USD 56 million in 2019 and is anticipated to grow with a healthy growth rate of more than 8.6% over the forecast period 2020-2027. Veterinary electrosurgery is a subset of a radio frequency with irregular polarity of electric current to thicken or cut the biological tissue. It is frequently used in surgical procedures for more than 60 years. More often, these devices applied for accurate surgical cutting or examining the bleeding by causing coagulation at the surgical spot. Electrosurgery devices, including electrodes, coagulators, probes, and other devices use high-frequency alternating current (AC) to execute their corresponding functions. Further, this procedure is proven to be as efficient treatment option for animals with tumors, and are often extremely safe, thereby driving the market growth all over the world. Moreover, the increasing number of veterinarians will further amplify the development of veterinary electrosurgery across the globe. According to Statista, in 2016, around 20 thousand veterinarians estimated in the United Kingdom and is increased to almost 23 thousand veterinarians in 2018. Also, the slighter increase was reported in 2019 with almost 25 thousand of veterinarians. In addition, the growing pet ownership and spending on pets, along with the rapid growth in the number of veterinary practitioners are the few factors responsible for the high CAGR of the market during the forecast period. As per the American Society for the Prevention of Cruelty to Animals (ASPCA), in the United States, roughly 6.5 million companion animals are undertaken into the animal shelters each year. Similarly, according to the Canadian Animal health Institute (CAHI), the overall number of household pet expanded in Canada. The pet dog population has increased from 7.6 million in 2016 to 8.2 million in 2018. Whereas, the pet cat population estimated around 8.3 million in 2018. This, in turn, is expected to strengthen the market growth all over the world. However, the rising pet care cost, coupled with lack of awareness concerning veterinary electrosurgery are the few major factors limiting the market growth over the forecast period of 2020-2027.

The regional analysis of the global veterinary electrosurgery market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the increasing ownership of companion pet animals, and the presence of a significant number of market vendors in the region. Whereas Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the rising awareness about animal welfare along with growing pet population across developing countries, such as China and India, would create lucrative growth prospects for the veterinary electrosurgery market across the Asia-Pacific region.

Major market player included in this report are:
Symmetry Surgical, Inc.
DRE Veterinary
B. Braun Melsungen AG
Medtronic PLC
Eickemeyer Veterinary Equipment, Inc.
Summit Hill Laboratories
Kwanza Veterinary
Burtons Medical Equipment, Ltd.
Integra Lifesciences Holdings Corp.
Covetrus Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Bipolar Electrosurgical Instruments
Monopolar Electrosurgical Instruments
Consumables & Accessories

By Application:
General Surgery
Gynecological & Urological Surgery
Dental Surgery
Orthopedic Surgery

By Animal Type:
Small Animals
Large Animals

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Veterinary Electrosurgery Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Million)
1.2.1. Veterinary Electrosurgery Market, by Region, 2018-2027 (USD Million)
1.2.2. Veterinary Electrosurgery Market, by Product, 2018-2027 (USD Million)
1.2.3. Veterinary Electrosurgery Market, by Application, 2018-2027 (USD Million)
1.2.4. Veterinary Electrosurgery Market, by Animal Type, 2018-2027 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Veterinary Electrosurgery Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Veterinary Electrosurgery Market Dynamics
3.1. Veterinary Electrosurgery Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Veterinary Electrosurgery Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economic
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Veterinary Electrosurgery Market, by Product
5.1. Market Snapshot
5.2. Global Veterinary Electrosurgery Market by Product, Performance – Potential Analysis
5.3. Global Veterinary Electrosurgery Market Estimates & Forecasts by Product 2017-2027 (USD Million)
5.4. Veterinary Electrosurgery Market, Sub Segment Analysis
5.4.1. Bipolar Electrosurgical Instruments
5.4.2. Monopolar Electrosurgical Instruments
5.4.3. Consumables & Accessories
Chapter 6. Global Veterinary Electrosurgery Market, by Application
6.1. Market Snapshot
6.2. Global Veterinary Electrosurgery Market by Application, Performance – Potential Analysis
6.3. Global Veterinary Electrosurgery Market Estimates & Forecasts by Application 2017-2027 (USD Million)
6.4. Veterinary Electrosurgery Market, Sub Segment Analysis
6.4.1. General Surgery
6.4.2. Gynaecological & Urological Surgery
6.4.3. Dental Surgery
6.4.4. Orthopaedic Surgery
6.4.5. Others
Chapter 7. Global Veterinary Electrosurgery Market, by Animal Type
7.1. Market Snapshot
7.2. Global Veterinary Electrosurgery Market by Animal Type – Potential Analysis
7.3. Global Veterinary Electrosurgery Market Estimates & Forecasts by Animal Type 2017-2027 (USD Million)
7.4. Veterinary Electrosurgery Market, Sub Segment Analysis
7.4.1. Small Animals
7.4.2. Large Animals
Chapter 8. Global Veterinary Electrosurgery Market, Regional Analysis
8.1. Veterinary Electrosurgery Market, Regional Market Snapshot
8.2. North America Veterinary Electrosurgery Market
8.2.1. U.S. Veterinary Electrosurgery Market Product breakdown estimates & forecasts, 2017-2027 Application breakdown estimates & forecasts, 2017-2027 Animal Type breakdown estimates & forecasts, 2017-2027
8.2.2. Canada Veterinary Electrosurgery Market
8.3. Europe Veterinary Electrosurgery Market Snapshot
8.3.1. U.K. Veterinary Electrosurgery Market
8.3.2. Germany Veterinary Electrosurgery Market
8.3.3. France Veterinary Electrosurgery Market
8.3.4. Spain Veterinary Electrosurgery Market
8.3.5. Italy Veterinary Electrosurgery Market
8.3.6. Rest of Europe Veterinary Electrosurgery Market
8.4. Asia-Pacific Veterinary Electrosurgery Market Snapshot
8.4.1. China Veterinary Electrosurgery Market
8.4.2. India Veterinary Electrosurgery Market
8.4.3. Japan Veterinary Electrosurgery Market
8.4.4. Australia Veterinary Electrosurgery Market
8.4.5. South Korea Veterinary Electrosurgery Market
8.4.6. Rest of Asia Pacific Veterinary Electrosurgery Market
8.5. Latin America Veterinary Electrosurgery Market Snapshot
8.5.1. Brazil Veterinary Electrosurgery Market
8.5.2. Mexico Veterinary Electrosurgery Market
8.6. Rest of The World Veterinary Electrosurgery Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Symmetry Surgical, Inc. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. DRE Veterinary
9.2.3. B. Braun Melsungen AG
9.2.4. Medtronic PLC
9.2.5. Eickemeyer Veterinary Equipment, Inc.
9.2.6. Summit Hill Laboratories
9.2.7. Kwanza Veterinary
9.2.8. Burtons Medical Equipment, Ltd.
9.2.9. Integra Lifesciences Holdings Corp.
9.2.10. Covetrus Inc.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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