Global Veterinary Sutures Market Projected to Reach USD 482.10 Million by 2033 at a 3.8% of CAGR

Veterinary Sutures Market

The global veterinary sutures market is poised for steady growth, anticipated to expand at a CAGR of 3.8% during the forecast period. Following a valuation of USD 323.0 million at the end of 2022, the market is expected to grow to USD 333.38 million in 2023 and reach USD 482.1 million by 2033. This upward trajectory reflects an increasing focus on animal healthcare and advancements in veterinary surgical techniques.

Key Growth Factors

Several factors are contributing to the anticipated growth of the veterinary sutures market:

• Rising Pet Ownership and Veterinary Services: With a growing number of pet owners and a heightened emphasis on pet healthcare, the demand for veterinary services, including surgeries, is on the rise.
• Advancements in Surgical Techniques: Ongoing innovations in veterinary medicine and surgical practices are increasing the utilization of sutures in various procedures, driving market growth.
• Increase in Animal Health Awareness: Growing awareness about animal welfare and health management is leading to higher demand for surgical interventions and, consequently, veterinary sutures.

An injury/wound in animals may results in a break, tear, or damage to the skin or underlying tissues. Wounds can be caused due to several factors, which includes overcrowding in animals, animal bites, climate changes, surgical procedures, or infections disorders in animals. The veterinary sutures are used to close wounds or incisions in animals. There are mainly two types of veterinary sutures – absorbable suture and non-absorbable suture. The types of sutures that veterinarians may use, depends on the location, size, and type of tissue being repaired.

The absorbable sutures are typically used for internal wounds or incisions, during surgeries of the internal organs, muscles, or other tissues. Non-absorbable sutures are made from materials like such as nylon, silk, or steel. They are typically used for wounds or incisions that require long-term support, such as skin lacerations, or for the repair of tendons or ligaments.

Overall, the increasing pet ownership rate, advancements in suture material and greater awareness of the benefits of wound closure with sutures is likely due to their convenience, efficacy, and safety, which is likely to boost the market in the coming years.

Competitive Landscape

Key players in the market are focused on increase their product portfolio to strengthen their position in the veterinary suture market, and to expand their footprint in emerging markets. The key strategy adopted by manufacturers to gain competitive edge in the market are invests heavily in research and development to create new products and technologies, actively expansion of their presence in emerging markets, joint ventures and partnership agreements.

For instance:

• In April 2021, the Medtronic plc launched largest research and development center in the India.
• In July 2018, the CP medical and B. Braun Vet Care GmbH signed partnership agreement. As per the agreement, CP medical will be able to do marketing and distribution of B. Braun’s product line for veterinary infusion therapy and wound therapy within the Canada and USA

Key Companies Profiled

B. Braun; Ethicon; Medtronic Plc; Betatech Medical; Changzhou Zener Medtec; Gamastech; Génia; KATSAN Medical Devices; RWD Life Science; Somni Scientific; CP Medical; Vetersut; Vitrex Medical; AIP Medical SA; Oasis; GPC Medical Ltd; AdvaCare Pharma; Cortis

A Comprehensive Full Report

Key Segments Covered in Veterinary Sutures Industry Research

By Suture Type:

• Absorbable Sutures
• Non-Absorbable Sutures

By Raw Material:

• Catgut Absorbable Surgical Sutures
• Polyglactin Absorbable Surgical Sutures
• Poliglecaprone Absorbable Surgical Sutures
• Polydioxanone Absorbable Surgical Sutures
• Polyglycolic Acid Absorbable Surgical Sutures
• Silk Non-Absorbable Surgical Sutures
• Nylon (poylamide) Non-Absorbable Surgical Sutures
• Polypropylene Non-Absorbable Surgical Sutures
• Stainless Steel Non-Absorbable Surgical Sutures
• Others

By Distribution Channel:

• Veterinary Hospitals
• Veterinary Clinics
• Academic & Research Institutes

By Region:

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• Middle East and Africa (MEA)

Author By:

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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