CHICAGO , Aug. 5, 2024 /PRNewswire/ -- The global Veterinary Surgical Procedures Market is expected to grow from USD 48.3 billion in 2024 to USD 67.
8 billion by 2029, at a CAGR of 7.0%. The global veterinary surgical procedures market is experiencing significant transformation due to advancements in surgical instruments, robotics, imaging technologies, and increased pet ownership.
Key drivers include the rise in companion animal populations and innovations such as minimally invasive techniques and advanced imaging, which enhance surgical efficiency and outcomes. However, rising pet care costs and a shortage of veterinary practitioners in developing countries present challenges. Opportunities lie in technological advancements in veterinary surgery, improving treatment options and reducing recovery times.
The market is segmented by procedure type, animal type, end user, and region, with spaying/neutering procedures and cat surgeries expected to see notable growth. Veterinary clinics are anticipated to experience strong growth, with North America leading in market expansion due to high pet ownership, advanced veterinary medicine, and increased pet insurance coverage. Major players in the market include Ethicon, Cardinal Health, Medtronic, BD Animal Health, and others.
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