Veterinary Electrosurgery Market, By Product (Bipolar Electrosurgery Instruments, Monopolar Electrosurgery Instruments, and Consumables & Accessories), By Application (General Surgery, Gynecological & Urological Surgery, Dental Surgery, Orthopedic Surgery, Ophthalmic Surgery, and Other Applications), By Animal (Large Animals, and Small Animals), By End User (Hospitals, Clinics, and Others), – By Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa) – Market Trends, Analysis, and Forecast Till 2029.

Report Code: PMI456920 | Publish Date: May 2023 | No. of Pages: 168

Global Veterinary Electrosurgery Market Overview

Eletrosurgery is a surgery in which surgeons uses a heat-generating electrical device so they can burn or vaporize tissue so they can remove it easily and decrease the halt bleeding. Veterinary electrosurgery is the application of a radio frequency with alternating polarity of electric current to coagulate, or cut the biological tissue. It is also done in animal surgery as it provides increased precision and requires minimal incision for conducting the procedure. There are two type electrosurgeries: electrocautery and high frequency electrosurgery. Electrosurgery instruments are available in two forms: monopolar and bipolar. The electrosurgical method includes, the tissue should be heated by electric current or a probe is used, which is heated for electrocautery. Electrosurgery is an effective treatment option for animals with tumors. Electrosurgery has been commonly used in surgical procedures for over 60 years, and it is used in over 80% of all human surgical procedures, in almost all surgical specialties. It is estimated that electrosurgery energy devices are being used in over 41 million procedures per year. The global veterinary electro surgery market accounted for US$ 55.7 million in 2019 and is anticipated to register a CAGR of 9.8%.

Impact of COVID19 Pandemic on Market

The coronavirus pandemic is having a huge impact on businesses and has already caused a collapse of economic activities. The myth animals can spread the virus to humans has increased the number of abandoned pets. COVID-19 has weakened the supply chain and has created shortage of animal health products such as nutritional feed as well as vaccines globally. The animal health industry has been impacted largely as many manufacturers in animal health industry are left with a significantly reduced workforce. Also, stringent government policies such as restrictions of import of raw materials from China are expected to hamper the animal health market.

Global Veterinary Electrosurgery Market Dynamics

Increase in Pet Ownership and Growth of Pet Industry

Increasing surgical procedures on pets such as dental surgeries, cataract surgeries, spaying, hip dysplasia and wound repair, are driving the growth of the veterinary electrosurgery market. According to WHO, it is found that almost 2.0 million surgical methods were used on animals to protect them from diseases. Also, increasing number of skilled practitioners who are enabled to perform these surgeries and have an expertise related to these devices will show the growth of the market. The technological advancements in the instruments are contributing to the growth of the veterinary electrosurgery market. Rise in the demand for animal health insurance and increase in adoption of animals will drive the market growth. Many government initiatives are conducted to reduce disease prevalence among animals which lead to growth of veterinary electrosurgery market. Also, launch of advanced products for the treatment of animals with minimal side effects will effective for the popularity of the market.

However, the high cost of surgeries is expected to hamper the global veterinary electrosurgery market.

Global Veterinary Electrosurgery Market Segmentation

The global veterinary electroscopy market is segmented based on the product, application, animal and region.

Base on the product, the global market is segmented into bipolar electrosurgery instruments, monopolar electrosurgery instruments, and consumables & accessories. The bipolar electrosurgical instruments segment is expected to boost the growth of the market, owing to the steep sale price of bipolar electrosurgery instruments as compared to the monopolar electrosurgical instruments and the increased adoption of bipolar devices in animal surgeries. On the basis of application, the market has been segmented into general surgery, gynecological & urological surgery, dental surgery, orthopedic surgery, ophthalmic surgery, and other applications. The dental surgery segment is expected to boost the market due to increasing awareness among pet owners regarding the dental health of their pets. The growing incidence of periodontal diseases and the technological advancements in dental devices are estimated to contribute to the growth of the segment. According to American Pet Products Association (APPA), more than half of US dog owners take care of their pet’s teeth, and they purchase dental care products and services at their veterinarian’s office.

Depending upon animal, the market has been segmented into large animals and small animals. The large animal segment is expected to boost the veterinary electrosurgery market in the coming years, because of rising prevalence of chronic diseases of equine animals, the increasing awareness among the government animal healthcare organizations, and the growing animal healthcare spending in developing countries.

Based on the end use segment electrosurgery market is divided into hospitals, clinics and others. The veterinary hospitals share the highest market due to the availability of better healthcare infrastructure, and better treatment facilities as compared with veterinary clinics.

 Regional Insights:

According to the region, market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America held the dominant regional share owing to the rising adoption of companion animals, growing veterinary healthcare expenditure, and increasing number of veterinary practices. However, Asia Pacific is likely to experience significant growth over the forecast period due to growing awareness regarding animal welfare and increasing pet population in the region.

 

Detail Segmentation:

Attribute

Details

The base year for estimation

2019

Forecast Period

2019 - 2029

Market Representation

Revenue in USD Million & CAGR from 2019-2029

Market Segmentation

By Product - Bipolar Electrosurgery Instruments, Monopolar Electrosurgery Instruments, and Consumables & Accessories

By Application - General Surgery, Gynecological & Urological Surgery, Dental Surgery, Orthopedic Surgery, Ophthalmic Surgery, and Other Applications

By Animal - Large Animals, and Small Animals

By End User - Hospitals, Clinics, and Others

By Region - North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

Regional Scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered in the report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029.  For the purpose of this study, has segmented the global veterinary electrosurgery market report based on product, application, animal, end user and region.

Global Veterinary Electroscopy market, By Product

  • Bipolar Electrosurgery Instruments
  • Monopolar Electrosurgery Instruments
  • Consumables & Accessories

Global Veterinary Electroscopy market, By Application

  • General Surgery
  • Gynecological & Urological Surgery
  • Dental Surgery
  • Orthopedic Surgery
  • Ophthalmic Surgery
  • Other Applications

Global Veterinary Electroscopy market, By Animal

  • Large Animals
  • Small Animals

Global Veterinary Electroscopy market, By End User

  • Hospitals
  • Clinics
  • Others

Global Veterinary Electroscopy market, By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global Veterinary Electrosurgery Market Key Players

The major players in the market includes Surgical Inc., Covetrus Inc., Special Medical Technology Co., Medtronic plc., DRE Veterinary, B.Braun Melsungen AG, Macan Manufacturing, Eickemeyer Veterinary Equipment Inc., Summit Hill Laboratories, Kwanza Veterinary.

Global Veterinary Electrosurgery Market Company Profile

  • Surgical Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Overview
    • Business Strategies
  • Covetrus Inc.
  • Special Medical Technology Co.
  • Medtronic plc.
  • DRE Veterinary
  • B.Braun Melsungen AG
  • Macan Manufacturing
  • Eickemeyer Veterinary Equipment Inc.
  • Summit Hill Laboratories
  • Kwanza Veterinary

Global Veterinary Electrosurgery Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Veterinary Electrosurgery Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Product
      • Market Snippet, By Application
      • Market Snippet, By Animal
      • Market Snippet, By End-user
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Global Veterinary Electrosurgery Market, By Product, 2019 – 2029, (US$ Mn)
    • Bipolar Electrosurgery Instruments
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Monopolar Electrosurgery Instruments
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Consumables & Accessories
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
  6. Global Veterinary Electrosurgery Market, By Application, 2019 – 2029, (US$ Mn)
    • General Surgery
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Gynecological & Urological Surgery
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Dental Surgery
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Orthopaedic Surgery
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Ophthalmic Surgery
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Other Applications
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
  7. Global Veterinary Electrosurgery Market, By Animal, 2019 – 2029, (US$ Mn)
    • Large Animals
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Small Animals
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
  8. Global Veterinary Electrosurgery Market, By End User, 2019 – 2029, (US$ Mn)
    • Hospitals
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Clinics
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
  9. Global Veterinary Electrosurgery Market, By Region, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Product, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Animal, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By End-user, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Product, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Animal, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By End-user, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Product, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Animal, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By End-user, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Product, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Animal, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By End-user, 2019 – 2029
      • Market Size  and Forecast (US$ Mn), By Country, 2019 – 2029
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Product, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Animal, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By End-user, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  10. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  11. Company Profiles
      • Surgical Inc.
        • Company Overview
        • Type Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategies
      • Covetrus Inc.
      • Special Medical Technology Co.
      • Medtronic plc.
      • DRE Veterinary
      • B.Braun Melsungen AG
      • Macan Manufacturing
      • Eickemeyer Veterinary Equipment Inc.
      • Summit Hill Laboratories
      • Kwanza Veterinary
  12. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The global veterinary electroscopy market is segmented based on the product, application, animal and region.

Increasing surgical procedures on pets such as dental surgeries, cataract surgeries, spaying, hip dysplasia and wound repair, are driving the growth of the veterinary electrosurgery market.

North America held the dominant regional share owing to the rising adoption of companion animals, growing veterinary healthcare expenditure, and increasing number of veterinary practices.

The major players in the market includes Surgical Inc., Covetrus Inc., Special Medical Technology Co., Medtronic plc., DRE Veterinary, B.Braun Melsungen AG, Macan Manufacturing, Eickemeyer Veterinary Equipment Inc., Summit Hill Laboratories, Kwanza Veterinary.