Veterinary Surgical Instrument Market | Acumen Research and Consulting

Veterinary Surgical Instrument Market Highlights

• The global market for veterinary surgical instruments is projected to achieve USD 2.1 billion in revenue by 2032, growing at a compound annual growth rate (CAGR) of 6.8% from 2024 to 2032
• North America's veterinary surgical instrument market was valued at approximately USD 437 million in 2023
• The Asia-Pacific veterinary surgical instrument market is expected to experience a CAGR exceeding 7.5% from 2024 to 2032
• Among animal types, the large animal segment accounted for 68% of the market share in 2023
• In terms of applications, the dental surgery segment held a substantial market share in 2023
• Integration of robotics and minimally invasive surgical techniques in veterinary surgery is the veterinary surgical instrument market trend that fuels the industry demand 

Veterinary surgical instruments are specialized tools designed for performing a variety of medical procedures on animals. These instruments include scalpels, forceps, retractors, scissors, and needle holders, among others, each tailored for specific surgical needs. Made from high-quality stainless steel, they ensure durability and resistance to corrosion, essential for maintaining sterility. Precision and ergonomic designs are key features, allowing veterinarians to perform delicate and complex surgeries with confidence and ease. These tools are critical in veterinary medicine for diagnosing, treating, and preventing diseases and injuries in animals. Regular maintenance and sterilization are essential to ensure their effectiveness and safety. Advances in technology continue to enhance the functionality and efficiency of veterinary surgical instruments, improving outcomes for animal patients.

Global Veterinary Surgical Instrument Market Dynamics

Market Drivers

• Increasing pet ownership and expenditure on animal healthcare
• Advances in veterinary surgical techniques and technologies
• Rising prevalence of animal diseases and injuries

Market Restraints

• High cost of advanced veterinary surgical instruments
• Lack of skilled veterinary professionals
• Stringent regulatory requirements for product approvals

Market Opportunities

• Growing demand for minimally invasive surgical procedures in animals
• Expansion of veterinary clinics and hospitals in emerging markets
• Increasing awareness about animal health and wellness

Veterinary Surgical Instrument Market Report Coverage

Veterinary Surgical Instrument Market Insights

The rise in pet ownership and the growing expenditure on animal healthcare are key factors driving the growth of the veterinary surgical instrument market. For instance, in July 2020, Merck Animal Health expanded its animal vaccine production capacity at its Kansas manufacturing facility by USD 100 million. As more people treat pets as family members, they invest in advanced medical treatments and surgeries to ensure their well-being. This increased demand for high-quality veterinary care necessitates the use of specialized surgical instruments. Consequently, manufacturers are expanding their product lines to cater to the evolving needs of veterinarians and pet owners.

The high cost of advanced veterinary surgical instruments poses a significant restraint on the veterinary surgical instrument market. These instruments, often incorporating cutting-edge technology and specialized materials, command a premium price that can deter smaller veterinary clinics and practices from investing. This cost barrier limits widespread adoption of advanced techniques and tools, potentially affecting the overall growth and accessibility of advanced veterinary care in various regions. As a result, affordability and financial feasibility remain critical factors influencing market dynamics in veterinary surgical instruments.

Increasing awareness about animal health and wellness is fostering significant growth opportunities for the veterinary surgical instrument market. For instance, “Check the Chip Day" is an event created by the American Veterinary Medical Association (AVMA) and the American Animal Hospital Association (AAHA), with support from HomeAgain. Its purpose is to raise awareness about the importance of microchipping pets. The AVMA prepares materials to encourage pet owners to ensure their pets' microchip information is up to date. As pet owners become more conscientious about their animals' well-being, there is a heightened demand for advanced veterinary care, including surgical procedures. This trend is driving innovation and investment in veterinary surgical instruments that are safer, more precise, and cater specifically to animal health needs. Consequently, the market is poised for expansion as veterinary practices upgrade their capabilities to meet growing consumer expectations for high-quality pet healthcare.

Veterinary Surgical Instrument Market Segmentation

The worldwide market for veterinary surgical instrument is split based on product, animal type, application, end-use industry, and geography.

Veterinary Surgical Instruments Market By Product

• Handheld Devices
• Electrosurgery Instruments
• Sutures, Staplers, and Accessories
• Others

According to the veterinary surgical instrument industry analysis, handheld devices have emerged as dominant tools in the market due to their versatility, portability, and precision. These devices include surgical drills, saws, and scalpels designed for various procedures, from orthopedic surgeries to soft tissue operations. Their ergonomic design allows for ease of use in different veterinary settings, enhancing surgical efficiency and reducing procedure times. Additionally, advancements in technology have led to the development of more specialized handheld instruments, catering to specific veterinary surgical needs and improving patient outcomes.

Veterinary Surgical Instruments Market By Animal Type

• Large Animal
• Small Animal

According to the veterinary surgical instrument market analysis, large animals, such as horses and cattle, wield significant influence due to their size and unique anatomical challenges. Instruments designed for these animals often require robust construction and specialized features to accommodate their size and the complexity of procedures. Surgeons specializing in large animal care rely on these instruments for precise surgical interventions, ranging from orthopedic procedures to abdominal surgeries. This segment of the market drives innovation in veterinary surgical tools tailored to the specific needs of large animal practitioners, reflecting the diverse demands of veterinary surgery.

Veterinary Surgical Instruments Market By Application

• Soft Tissue Surgery
• Cardiovascular Surgery
• Ophthalmic Surgery
• Dental Surgery
• Orthopedic Surgery
• Others

According to the veterinary surgical instrument industry forecast, dominance of dental surgery instruments in the market stems from their versatile applicability and precision. These instruments, originally designed for human dental procedures, have been adapted effectively for veterinary use due to their small size and delicate handling capabilities. They facilitate intricate procedures such as tooth extraction, root canal treatments, and oral surgeries in animals with minimal tissue damage and quicker recovery times. As veterinary medicine advances, the demand for specialized instruments like these continues to grow, driving innovation and improving patient outcomes in animal healthcare.

Veterinary Surgical Instruments Market By End-user

• Veterinary Hospitals and Clinics
• Others

According to the veterinary surgical instrument market forecast, veterinary hospitals and clinics is expected to dominate as the primary end users. These facilities require a wide range of surgical instruments for procedures ranging from routine check-ups to complex surgeries. They typically have higher demand due to their regular use of specialized instruments for various veterinary procedures. Other end users, such as research laboratories and universities, also contribute to the market but to a lesser extent compared to veterinary hospitals and clinics.

Veterinary Surgical Instrument Market Regional Outlook

North America

• U.S.
• Canada

Europe

• U.K.
• Germany
• France
• Spain
• Rest of Europe

Asia-Pacific

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

Latin America

• Brazil
• Mexico
• Rest of LATAM

The Middle East & Africa

• South Africa
• GCC Countries
• Rest of the Middle East & Africa (ME&A)

Veterinary Surgical Instrument Market Regional Analysis

For several reasons, North America leads the veterinary surgical instrument market due to advanced healthcare infrastructure, high pet ownership rates, and robust research and development activities. For instance, in April 2022, Vimian Group completed the acquisition of two product portfolios specializing in veterinary surgical instruments and orthopedic implants within the United States. This strategic move represents Vimian's expansion into a new product category, augmenting its range of high-quality orthopedic implants tailored for companion animals. The region benefits from a strong presence of key market players and veterinary hospitals, fostering technological advancements in surgical instruments tailored for animal care. Additionally, stringent regulatory standards ensure quality control and safety, further bolstering North America's dominance in this sector.

Asia-Pacific is fastest-growing region in market can be attributed to increasing pet adoption rates and a growing demand for animal health services. The rising number of pets is expected to drive growth in the veterinary services market. Furthermore, Japan is experiencing an increase in the elderly pet population, with many dogs and cats reaching an average age of twelve to thirteen years. This underscores the potential demand for veterinary surgeries, further fueling market expansion.

In Europe, the veterinary surgical instrument market is experiencing rapid growth, driven by advancements in veterinary products and increasing pet ownership rates. For instance, in February 2023, TheraVet, a leader in osteoarticular disease management for pets, secured an exclusive distribution deal with Vetpharma, specializing in veterinary product marketing. This agreement marks a major advancement in distributing the BIOCERA-VET product line, now accessible across five continents. The region's emphasis on high standards of animal health and welfare further fuels demand for advanced surgical tools. Technological innovations and a growing awareness of specialized veterinary services also contribute to the market's expansion across Europe.

Veterinary Surgical Instrument Market Players

Some of the top veterinary surgical instrument companies offered in our report include World Precision Instruments, B. Braun SE, Medtronic, Jorgen Kruuse A/S, Integra Lifesciences Pvt. Ltd., Smiths Group plc, Neogen Corporation, Ethicon US LLC, STERIS, Im3 Inc., Surgical Holdings, GerMedUSA, and Sklar Surgical Instruments.