Global Veterinary Electrosurgery Market Overview
Veterinary Electro Surgery Market accounted for USD 55.7 Million in 2019 and is anticipated to register a CAGR of 9.8%.
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.
Global Veterinary Electrosurgery Market Drivers & Restraints
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 Segmentations & Regional Insights
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.
Veterinary Electroscopy market, By Product
- Bipolar Electrosurgery Instruments
- Monopolar Electrosurgery Instruments
- Consumables & Accessories
Veterinary Electroscopy market, By Application
- General Surgery
- Gynecological & Urological Surgery
- Dental Surgery
- Orthopedic Surgery
- Ophthalmic Surgery
- Other Applications
Veterinary Electroscopy market, By Animal
- Large Animals
- Small Animals
Veterinary Electroscopy market, By End User
- Hospitals
- Clinics
- Others
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 Competitive Landscape & 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.
- 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 Highlights
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.