Pune, India -- (SBWIRE) -- 08/27/2018 -- Veterinary Surgical Instruments Market - Scenario

The Global Veterinary Surgical Instruments Market has been evaluated as average growing market and is expected to witness higher single digit growth in coming years. The market has been extremely fragmented with a large number of players. The Global Veterinary Surgical Equipment Market is expected to reach US$ 2760.6 million in 2023 growing at a CAGR of 6.3% during the forecast period 2017-2023.

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The industry of animal healthcare has seen strong technological advances in the last two decades. Most of these new tools and procedures have been adopted from human medical practice. These advanced technologies have not only led to better treatments, but also faster and precise diagnosis. From Ultrasounds and MRIs to the Amplatz Canine Ductal Occluder, there are various new technologies that are giving veterinary specialists a greater ability to diagnose and ultimately save sick animals globally. New technologies such as Magnetic resonance imaging, Ultrasounds, Laparoscopy, Microfracture detection, 3-D printing and Recombinant DNA.

While various veterinary technologies are likely to effect the industry in 2016, the biggest advancement is probable going to be the ability to print 3D objects, this rapid-prototyping procedure has been used by veterinary specialists to create animal bone models from information collected by computed tomography scans. This procedure not only helps veterinarians educate pet owners about their pet's medical treatment or condition, but it also helps veterinary specialists to gain a solid understanding of a pets internal bone or muscle structure before going in to operate.

Key Vendors:

Eickemeyer Veterinary Equipment

Jørgen KRUUSE

Surgical Holdings

Sklar Instruments

B.Braun and others.

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Global Veterinary Surgical Instruments Market - Segmentation

The global veterinary surgical instruments market is segmented on the basis of types. Based on the types, the market has been segmented as scalpel handles, forceps, dressing, scissors, needle holders and retractors. Based on the applications, the market has been segmented as orthopedic, sterilization, ophthalmic, dental. Based on the animals, the market has been segmented as canines, felines and large animals.

Global Veterinary Surgical Instruments Market - Regional Analysis

US leads the veterinary Surgical Instruments market because of its high disposable income, large development of dairy and meat industry, presence of large market for animal products, presence of large companies buying animal raw products etc. All these factors guarantee high buying power for veterinary Surgical Instruments. The existence of a number of strong surgical devices companies in the US also boosts the market.

Europe occupies the second position for veterinary Surgical Instruments Market. However, there is increasing shift of the market towards the Asia Pacific region particularly China and India. The huge number of animals in China and India coupled with their unmet needs have made this market as the fastest growing in the world.

The Middle East and Africa market is constrained due to the poor development of animal industry and the low productivity of most breeds in the region.

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