Veterinary Surgical Instruments Market Size (2024 - 2029)

Veterinary Surgical Instruments Market Analysis

The Veterinary Surgical Instruments Market size is estimated at USD 1.32 billion in 2024, and is expected to reach USD 1.84 billion by 2029, growing at a CAGR of 6.90% during the forecast period (2024-2029).

The market is expected to grow due to increased animal adoption and health expenditure. Also, the emergence of various animal diseases, associated surgical procedures, and technological advancements are among the key trends that may trigger market growth.

The global adoption of pets is increasing significantly, with pets becoming an essential part of households worldwide. Pet owners are placing greater emphasis on their pets' well-being. This heightened concern has driven the demand for veterinary surgical instruments, for the management and treatment of chronic diseases. For instance, according to the Pet Ownership Statistics 2024, pet ownership in the United States has jumped significantly over the past three decades. As of 2024, 66% of US households (86.9 million homes) own a pet. Thus, high pet adoption is expected to increase demand for mobile veterinary services such as grooming, which is anticipated to boost the market’s growth during the forecast period.

Further, the high prevalence of zoonotic diseases, which impact animals on a vast scale, is expected to elevate the demand for veterinary surgical instruments, thereby boosting market growth. For instance, in October 2022, the Centers for Disease Control and Prevention stated that one in every 25 packages of chicken was contaminated with Salmonella in the United States. Thus, the high burden of chronic diseases in animals is expected to increase demand for care and treatment and is likely to contribute to market growth over the forecast period.

Also, with rising technological advancements and increased expenditure on animal healthcare, devices, and instruments have become better, safer, and more precise. Adopting key strategies to advance surgical animal care is also expected to boost the market. For instance, in April 2022, Orthomed partnered with Osso VR to bring RoVR surgical training to the animal health market. This first-of-its-kind training technology allows veterinarians to practice procedures anytime, anywhere in virtual reality (VR). Such technological integration is expected to improve surgical procedures' efficiency, increasing the number of surgeries performed and, thus, driving the market.

Moreover, the increasing launches of surgery programs are anticipated to increase the need for surgical instruments that are used for examining and performing surgeries on veterinary animals. For instance, in September 2023, the University of Florida College of Veterinary Medicine launched an open heart surgery program for dogs which offers a complex procedure known as mitral valve repair. This is anticipated to fuel market growth over the forecast period.

Thus, due to the increase in animal adoption and the rise in strategic activities by the key players, the segment is expected to grow over the study period. However, the increasing animal health costs and stringent regulations for approving such devices are factors expected to restrain market growth.

Veterinary Surgical Instruments Industry Segmentation

As per the scope of the market, veterinary surgical instruments are used to perform surgery on animals. The veterinary surgical instruments market is segmented by product, animal, application, and geography. By product, the market is segmented as sutures and staplers, handheld instruments, electro-surgery instruments, and other products. By animal, the market is segmented as companion animals and farm animals. By application, the market is segmented as soft-tissue surgery, dental surgery, orthopedic surgery, ophthalmic surgery, and other applications. By geography, the market is segmented as North America, Europe, Asia-Pacific, Rest of the World. The report offers the value (USD) for the above segments.