Veterinary Electrosurgery Market to Grow with a CAGR of 5.48% through 2029
Rising pet ownership and healthcare expenditure are expected
to drive the Global Veterinary Electrosurgery Market growth in the forecast
period, 2025-2029
According to TechSci Research report, “Veterinary
Electrosurgery Market – Global Industry Size, Share, Trends, Competition
Forecast & Opportunities, 2029”, the Global Veterinary Electrosurgery Market
stood at USD 482.10 million in 2023 and is anticipated to grow with a CAGR of 5.48%
in the forecast period, 2025-2029. Rising Pet Ownership and Healthcare
Expenditure: One of the primary drivers behind the growth of the veterinary
electrosurgery market is the increasing pet ownership and the escalating
expenditure on pet healthcare. In recent years, pets have become an integral
part of many households, and pet owners are increasingly willing to invest in
their animals' well-being. This trend is especially prominent in developed
regions like North America and Europe, where pet owners are more likely to opt
for advanced medical and surgical treatments for their pets. The rise in pet
healthcare expenditure has directly translated into higher demand for advanced
surgical procedures, including electrosurgery. The awareness and knowledge of advanced veterinary
surgical techniques are on the rise. Veterinarians are continually updating
their skills and knowledge to provide the best possible care to their animal
patients. Electrosurgery, with its precision, reduced bleeding, and quicker
recovery times, is increasingly being recognized as a valuable tool in the
veterinarian's arsenal. As more veterinarians embrace and become proficient in
using electrosurgical devices, the demand for these technologies is expected to
soar.
The continuous advancements in electrosurgical devices
are contributing significantly to the market's growth. Modern electrosurgical
generators, forceps, and accessories are designed to offer enhanced precision,
safety, and ease of use. These devices are becoming more ergonomic and
user-friendly, which has made them more attractive to veterinary professionals.
Additionally, the integration of cutting-edge technologies, such as touchscreen
interfaces, adaptive power delivery, and safety features, further bolsters the
adoption of electrosurgical equipment in veterinary practices.
Browse over XX market data Figures spread
through XX Pages and an in-depth TOC on "Global Veterinary Electrosurgery Market”
The Global Veterinary Electrosurgery Market is
segmented into Product, Application, End User, Regional Distribution, And
Company.
Based on the Product, Consumables & Accessories emerged as the
dominant segment in the global market for Global Veterinary Electrosurgery
Market in 2023. Electrosurgical instruments and generators require consumables and
accessories to operate effectively and safely. Components like cables,
handpieces, and tips need to be in optimal condition for the equipment to
function correctly. As a result, veterinary practices regularly purchase these
items for the maintenance and upkeep of their electrosurgical equipment. Electrosurgery
is used in a wide range of veterinary procedures, including soft tissue
surgeries, dermatological interventions, laparoscopic and endoscopic surgeries,
and more. Each of these procedures may require specific consumables and
accessories tailored to the surgical technique, contributing to a diversified
market demand. Consumables and accessories often offer cost-effective solutions
for veterinary practices. Rather than investing in new electrosurgical
instruments, replacing consumables and accessories as needed can be a more
economical approach. Based on the Application, General Surgery emerged as the
dominant segment in the global market for Global Veterinary Electrosurgery
Market in 2023. General surgery accounts for a significant portion of the surgical
procedures performed in veterinary practice, making it one of the primary areas
where electrosurgery is applied. It includes surgeries on various organs,
tissues, and systems, resulting in a substantial demand for electrosurgical
equipment. Electrosurgery plays a crucial role in minimally invasive surgery (MIS),
a technique that has gained prominence in veterinary medicine. MIS is
particularly relevant in general surgery, as it involves smaller incisions,
reduced trauma, and faster recovery times for animal patients. Electrosurgical
instruments are indispensable for performing these less invasive procedures
effectively. General surgery often involves the control of bleeding during
procedures, and electrosurgery's coagulation capabilities are invaluable for
achieving hemostasis. The precision and speed with which electrosurgical
devices coagulate tissue make them essential tools in general surgery.
Based on the End User, Veterinary Clinics emerged as
the dominant segment in the global market for Global Veterinary Electrosurgery
Market in 2023. Veterinary clinics are at the forefront of veterinary healthcare and
conduct a significant volume of surgical procedures. These clinics serve as
primary healthcare providers for pets and other animals, handling everything
from routine spaying and neutering to more complex surgeries. As a result, they
have a consistently high demand for electrosurgery equipment to support their
caseload. Veterinary clinics are widely accessible to pet owners and are the
go-to choice for routine check-ups, vaccinations, and minor surgical
procedures. The accessibility of these clinics allows for a broad patient base,
ensuring a steady demand for electrosurgery in everyday practice. Veterinary
clinics offer a broad spectrum of veterinary care, from preventive medicine and
dental procedures to general surgeries and emergency services. Electrosurgery
is a versatile tool that can be employed in various procedures conducted in
veterinary clinics, making it an essential component of their services.
North America emerged as the dominant player in the
Global Veterinary Electrosurgery Market in 2023, holding the largest market share. North America, particularly the United States, serves as a prominent center for technological innovation within the veterinary medicine sector. The region hosts numerous research institutions, veterinary hospitals, and medical device companies actively engaged in the continual development of state-of-the-art electrosurgical technologies tailored to meet the specific needs of veterinarians. Furthermore, North America possesses a well-established veterinary healthcare infrastructure characterized by a vast network of veterinary clinics, hospitals, and academic institutions. This robust infrastructure fosters an environment conducive to the widespread adoption of advanced medical technologies such as electrosurgery. Additionally, both the United States and Canada exhibit some of the highest rates of pet ownership globally. As pets increasingly assume the status of family members, there emerges a burgeoning demand for advanced medical treatments, including electrosurgery, aimed at ensuring the optimal health and well-being of companion animals.
Major companies operating in Global Veterinary
Electrosurgery Market are:
- Siemens Healthineers Ag (Varian
Medical Systems, Inc.
- Accuray Incorporated
- Elekta
- Iba Worldwide
- Hitachi, Ltd.
- Mevion Medical Systems
- Koninklijke Philips N.V.
- Raysearch Laboratories
- Brainlab AG
Download Free Sample Report
Customers can also request for 10%
free customization on this report
“The Global Veterinary
Electrosurgery Market is poised for significant growth in the coming years. The
rising prevalence of companion animals, coupled with increased pet ownership
and a growing awareness of advanced surgical techniques, will continue to
bolster the demand for veterinary electrosurgery. Advancements in
electrosurgical devices, such as generators and accessories, are enhancing
precision and safety, making the technology even more appealing to veterinary
professionals. Minimally invasive procedures, which are gaining popularity due
to reduced patient trauma and quicker recovery times, will further fuel the
adoption of electrosurgery. Moreover, the expansion of veterinary hospitals and
clinics, not only in developed regions but also in emerging markets, is
creating new opportunities for the widespread use of electrosurgical
techniques.” said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based management consulting firm.
“Veterinary Electrosurgery Market - Global
Industry Size, Share, Trends, Opportunity, and Forecast, 2019-2029 Segmented By
Product (Bipolar Electrosurgical Instruments, Monopolar Electrosurgical
Instruments, Consumables & Accessories), By Application (General Surgery,
Gynecological & Urological Surgery, Dental Surgery, Ophthalmic Surgery,
Orthopedic Surgery, Other Applications), By End User (Veterinary Hospital,
Veterinary Clinics, Other End Users) Region and Competition”, has evaluated
the future growth potential of Global Veterinary Electrosurgery Market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Veterinary Electrosurgery Market.
Contact
Techsci Research LLC
420 Lexington Avenue, Suite 300,
New York, United States- 10170
Tel:
+13322586602
Email:
[email protected]
Website:
www.techsciresearch.com