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Animal Wound Care Market Analysis Highlights the Impact of COVID-19 (2020-2024) | Increase in Pet Ownership to Boost the Market Growth | Technavio

LONDON–(BUSINESS WIRE)–Technavio has been monitoring the animal wound care market and it is poised to grow by USD 661.63 mn during 2020-2024, progressing at a CAGR of over 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

Frequently Asked Questions:

What are the major trends in the market?

Rising awareness about animal healthcare is a major trend driving the growth of the market.

At what rate is the market projected to grow?

The year-over-year growth for 2020 is estimated at 4.11% and the incremental growth of the market is anticipated to be $ 661.63 million.

Who are the top players in the market?

3M Co., B. Braun Melsungen AG, Biogenesis Bago SA, Ceva Sante Animale, Indian Immunologicals Ltd., Johnson & Johnson, Medtronic Plc, Phibro Animal Health Corp., Vetoquinol SA, and Virbac Group, are some of the major market participants.

What is the key market driver?

The increase in pet ownership is one of the major factors driving the market.

How big is the North America market?

The North America region will contribute 33% of the market share

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 3M Co., B. Braun Melsungen AG, Biogenesis Bago SA, Ceva Sante Animale, Indian Immunologicals Ltd., Johnson & Johnson, Medtronic Plc, Phibro Animal Health Corp., Vetoquinol SA, and Virbac Group are some of the major market participants. The increase in pet ownership will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Animal Wound Care Market 2020-2024: Segmentation

Animal Wound Care Market is segmented as below:


Surgical Wound Care

Traditional Wound Care

Geographic Landscape




North America

South America

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Animal Wound Care Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The animal wound care market report covers the following areas:

Animal Wound Care Market Size

Animal Wound Care Market Trends

Animal Wound Care Market Industry Analysis

This study identifies rising awareness about animal healthcare as one of the prime reasons driving the animal wound care market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Animal Wound Care Market 2020-2024: Key Highlights

CAGR of the market during the forecast period 2020-2024

Detailed information on factors that will assist animal wound care market growth during the next five years

Estimation of the animal wound care market size and its contribution to the parent market

Predictions on upcoming trends and changes in consumer behavior

The growth of the animal wound care market

Analysis of the market’s competitive landscape and detailed information on vendors

Comprehensive details of factors that will challenge the growth of animal wound care market, vendors

Table of Contents:

Executive Summary

Market Landscape

Market ecosystem

Value chain analysis

Market Sizing

Market definition

Market segment analysis

Market size 2019

Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

Bargaining power of buyers

Bargaining power of suppliers

Threat of new entrants

Threat of substitutes

Threat of rivalry

Market condition

Market Segmentation by Application

Market segments

Comparison by Application

Surgical wound care – Market size and forecast 2019-2024

Traditional wound care – Market size and forecast 2019-2024

Market opportunity by Application

Customer landscape

Geographic Landscape

Geographic segmentation

Geographic comparison

North America – Market size and forecast 2019-2024

Europe – Market size and forecast 2019-2024

APAC – Market size and forecast 2019-2024

South America – Market size and forecast 2019-2024

MEA – Market size and forecast 2019-2024

Key leading countries

Market opportunity by geography

Drivers, Challenges, and Trends

Market drivers

Volume driver – Demand led growth

Volume driver – Supply led growth

Volume driver – External factors

Volume driver – Demand shift in adjacent markets

Price driver – Inflation

Price driver – Shift from lower to higher-priced units

Market challenges

Market trends

Vendor Landscape


Landscape disruption

Vendor Analysis

Vendors covered

Market positioning of vendors

3M Co.

B. Braun Melsungen AG

Biogenesis Bago SA

Ceva Sante Animale

Indian Immunologicals Ltd.

Johnson & Johnson

Medtronic Plc

Phibro Animal Health Corp.

Vetoquinol SA

Virbac Group


Scope of the report

Currency conversion rates for US$

Research methodology

List of abbreviations


About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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