Veterinary Sutures Market Analysis
Based on product type, the global veterinary sutures industry is segmented into absorbable and non-absorbable sutures. The absorbable suture segment dominated around USD 130.1 million revenue in 2023.
- The dominance of the segment can be attributed to their convenience of not having to remove sutures and is highly beneficial. It reduces the need for additional veterinary visits, saving time and resources for both veterinarians and pet owners.
- Further, veterinarians often prioritize the welfare and comfort of their animal patients. Therefore, absorbable sutures, by eliminating the need for suture removal, contribute to a more comfortable and stress-free recovery process for animals, aligning with the ethical principles of veterinary care.
Based on animal type, the veterinary sutures market is classified into small & medium animal and large animal. The small & medium animal segment is estimated to reach USD 287.4 million by 2032.
- High segment share is attributable to more ownership of these animals such as, cats and dogs. As small and medium-sized animals, particularly dogs and cats, offer several distinct advantages within the veterinary sutures market. One of the primary benefits lies in their higher patient volume. These animals, being more numerous compared to larger species, contribute significantly to the market's steady demand for sutures.
- They undergo a wide spectrum of surgical procedures, from routine surgeries like spaying and neutering to more complex interventions, creating a diverse and consistent demand for various suture types.
Based on application, the veterinary sutures market is divided into soft tissue surgery, orthopedic surgery, dental surgery, ophthalmic surgery, and other applications. The soft tissue surgery segment accounted for 45.2% of the market share in 2023.
- Soft tissue surgeries are among the most common procedures in veterinary medicine. For instance, according to the Pet Medical Center & Spa, spay procedures, neuter procedures, hernia repairs, and mass removals are commonly performed on the veterinary animals.
- Further, these surgeries encompasses a wide range of procedures due to the diversity of anatomical structures in animals. Suturing is a crucial aspect of these procedures, contributing to wound healing and preventing complications. Thus, contributing to the market's overall growth and offering the demand for advanced sutures that meet the unique requirements of soft tissues.
Based on end-user, the veterinary sutures market is classified into veterinary clinics, veterinary hospitals, and research centres and academia. The veterinary clinics segment held over USD 124.3 million revenue in 2023.
- Veterinary clinics perform a vast number of surgeries and medical procedures every day. The high volume of procedures conducted in veterinary clinics creates a constant and significant demand for sutures.
- Additionally, these clinics are usually the primary point of care for pet owners. They are the first place where pet owners seek medical attention for their animals. As a result, these clinics handle a large number of surgeries, wound closures, and other medical procedures. This necessities the use of sutures in such surgeries, thereby fostering the market growth.
The North America veterinary sutures market is expected to expand at 5.9% CAGR during the analysis period.
The industry leaders operating in this market have established themselves through, continuous research & development, and a strong market presence. Vitrex, B. Braun Melsungen AG, and CP Medical account significant market share. These prominent players thrive through a combination of strategic approaches, diverse product portfolio, research and development initiatives, market understanding, and regulatory compliance.