Veterinary Electrosurgery Market

Veterinary Electrosurgery Market Outlook from (2023 to 2033)

As of 2023, the global Veterinary Electrosurgery Market stands at a valuation of USD 520.32 million. Projections indicate a sustained upward trajectory, with an anticipated average CAGR of 6.7% from 2023 to 2033. This trajectory is positioned to drive the market past the USD 995.2 million mark by 2033.

Key Highlights

• The increase in veterinarians, along with the growing popularity of pet health insurance and pet adoptions, has created a surge in the veterinary electrosurgery equipment demand.
• The increasing prevalence of chronic disorders in animals has generated a strong demand for veterinary surgical devices that are both highly effective and minimally invasive.
• North America dominates the veterinary electrosurgery market with a 35.1% market share in 2023. This is attributed to the region's high prevalence of pet ownership and its advanced healthcare infrastructure, which contribute to its leadership in this market segment.
• Asia Pacific has seen improved living standards along with high pet adoption. This economic growth has coincided with a notable increase in awareness and knowledge about pet healthcare, indicating a growing demand for veterinary electrosurgery equipment.

Attributes	Details
Veterinary Electrosurgery Market Size (2023)	USD 520.32 million
Veterinary Electrosurgery Market Projected Size (2033)	USD 995.2 million
Veterinary Electrosurgery Market Forecasted Value CAGR (2023 to 2033)	6.7%

A Comprehensive Look at the Top Five Dynamics Shaping the Veterinary Electrosurgery Market Growth Trajectory

Rising Pet Ownership Spurs Surge in Demand for Veterinary Services: The demand for veterinary services has increased as pet ownership becomes more widespread. About 370 million pet cats and about 470 million dogs are kept as pets worldwide. The growth in pets is anticipated to raise demand for veterinary vaccines.

The rise in demand is also likely to lead to an increase in related sectors, including the veterinary electrosurgery equipment market. This interconnected growth trend emphasizes the significance of the veterinary electrosurgery market in the broader landscape of pet healthcare.

Rising Pet Health Concerns Propel Demand for Advanced Animal Surgery Tools: Another significant reason boosting the demand for animal surgery instruments is the rising risk of obesity, cardiovascular disorders, neurological diseases, osteoarthritis, and dental problems in pet animals.

Growing consumer knowledge of animal treatment choices is anticipated to support the veterinary electrosurgery market. Veterinary electrocautery devices are becoming more popular nowadays as veterinarians prefer electrosurgery for its ability to minimize damage, suffering, and recuperation time in animals.

Veterinary Advancements Cater to Growing Population of Senior Pets: Dog-owning families with an older dog (7 years or older) climbed from 41.6% in 2012 to 53.5% in 2022. Given improvements in veterinary treatment, a more significant proportion of animals are becoming senior pets.

Advancements in veterinary electrosurgical tools are essential in meeting these animals' particular demands since they frequently require specialist surgical treatment. Based on a World Health Organization estimation, over 2.0 million surgical procedures are performed on older animals annually to prevent illness.

Electrosurgery Emerges as the Go-to for Veterinary Procedures: Veterinarians demand cutting-edge veterinary surgical equipment like veterinary electrosurgical generators to perform surgeries more quickly and effectively, with less bleeding, precise tissue cutting, and enhanced vision.

Preference for electrosurgery is growing among veterinarians as it offers several advantages over traditional surgical methods, including reduced bleeding, precise tissue cutting, enhanced visibility during surgery, faster surgery times, and less inflammation for patients.

Government Initiatives Drive Growth in Veterinary Electrosurgery Market: Government-led programs targeted at reducing and preventing illness in animal populations foster an atmosphere favorable for expanding the animal surgical instrument market.

Governments all over the world acknowledge the necessity of preserving the health and welfare of animal populations. Incorporating cutting-edge surgical technologies like animal electrosurgery becomes crucial as government programs concentrate on lowering illness prevalence among animals.

Historical Veterinary Electrosurgery Market Analysis Alongside Future Projections

Between 2017 and 2022, the veterinary electrosurgery market experienced significant growth, climbing from USD 384.7 million to USD 493.2 million, showcasing an average 5.1% CAGR.

• Given the growth in pet adoption due to the lockdowns and the rise in demand for animal health insurance, COVID-19's general influence on the veterinary electrosurgery market is still beneficial. The average yearly cost of veterinarian appointments for homes with dogs or cats has climbed considerably over the past five years.
• With more veterinarians working in higher volumes, more surgeries were performed, and new infrastructures were created. All of these factors promoted market expansion during this period.

Veterinary Electrosurgery Market Size (2017)	USD 384.7 million
Veterinary Electrosurgery Market Size (2022)	USD 493.2 million
Historical Value CAGR (2017 to 2022)	5.1%

Projections suggest a healthier pace of growth, with the veterinary electrosurgery market size anticipated to rise from USD 520.32 million in 2023 to USD 995.2 million by 2033, reflecting a modest 6.7% CAGR. Emerging Asia Pacific and Latin American countries are anticipated to present considerable potential prospects for the participants in the veterinary electrosurgery market.

• In comparison to Europe and North America, the Asia Pacific, Middle Eastern, and Latin American regions are largely untouched markets for firms. The growing middle-class population in these regions is increasingly inclined toward adopting pets and seeking higher care standards.
• The growth of veterinary biologics is anticipated to be fueled by technological advancements in animal electrosurgical instruments. Improvements in veterinary electrosurgical instruments reflect an increasing demand for precise and minimally invasive surgical procedures in the veterinary field. This demand arises from veterinarians seeking to enhance the quality of care they provide, and pet owners desiring less invasive treatment options for their animals.

The increasing demand for more efficient, accurate, and user-friendly tools drives the adoption of advanced electrosurgical devices in veterinary practice. This surge in demand stems from the imperative for veterinary surgeons to conduct procedures with heightened swiftness and precision.

For instance, Onemytis 2, a novel electrosurgical device, became available in the United Kingdom in July 2020. This new device marks a significant transition from analog to digital.

Veterinary Electrosurgery Market Key Trends & Opportunities

Trends	Recent strides in veterinary electrosurgery technology have enabled more precise procedures and electrosurgery in veterinary medicine. Pet owners are increasingly preferring less invasive surgical options for their beloved companions. Electrosurgery is finding utility in multiple veterinary procedures, including dermatology, oncology, and ophthalmology.
Opportunities	Niche vet clinics specializing in fields like orthopedics or cardiology are increasingly turning to electrosurgery for precise procedures. Incorporation of radiofrequency and ultrasonic waves to revolutionize the accuracy and safety of electrosurgical procedures in veterinary care Emerging economies are experiencing a surge in pet ownership and disposable income, creating growth opportunities.

Veterinary Electrosurgery Market Analysis by Region

In 2023, North America reins in the global veterinary electrosurgery market, claiming an impressive 35.1% share. This signifies a significant foothold in the industry. Meanwhile, Europe is just a little behind, holding a substantial 29% share.

This solidifies Europe's notable presence in the market. Both regions are contributing substantially to the veterinary electrosurgery industry's growth and development.

Countries	2023 Value Share in the Global Market
United States	32%
Germany	5.3%
Japan	5.0%

Electrosurgery Demand Soars as Pets Secure a Central Role in United States Households

The United States dominates the global market as of 2023 since the number of people in the United States who keep pets has increased dramatically over the last decade.

• 66% of the households in the United States, or 86.9 million residents, are going to have pets in 2023. The country's high adoption of pets is anticipated to hasten the demand for veterinary electrosurgery devices during the forecast period.
• Standards for the examination and certification of veterinary electrosurgical tools have been created by the United States Department of Agriculture (USDA). These devices must conform to or exceed these regulations' safety, quality, and performance standards. As pets continue to hold a prominent place in households, the growth of electrosurgery accessories is expected to rise in the United States through 2033 simultaneously.

Germany's Pet Boom Spurs Veterinary Electrosurgery Market Expansion

The surge in pet ownership, particularly dogs, in Germany is the top factor that has significantly influenced the field of veterinary electrosurgical units.

• Germany is anticipated to remain in the first-leading sales position across Europe due to rising pet adoption, increasing sales of electrosurgery devices, and rising infectious disease prevalence. In Germany, the number of dogs kept as pets has more than doubled since 2010, and in 2022. As a result, there has been a marked increase in veterinary electrosurgery equipment demand.
• The increase in veterinary clinics and the overall enhancement of healthcare infrastructure in Germany have created a conducive environment for the adoption of cutting-edge technologies like electrosurgery. These factors collectively contribute to a higher demand for electrosurgical tools and techniques in the veterinary field, indicating a positive veterinary electrosurgery market outlook in Germany.

Japan Charts its Course in the Veterinary Electrosurgery Market

Japan needs to follow the trends in the veterinary electrosurgery market of Asia Pacific. Between 2018 and 2022, the number of cats and dogs in Japan declined by more than 1.5%.

• While there were 16.4 million cats and dogs in this country in 2018, there were only 16 million in 2022. This decline in pet numbers could impact the demand for veterinary operating room equipment and procedures in Japan. Despite Japan's declining pet population, veterinary electrosurgery has promising futures and potential.
• Even though Japan's general pet population has somewhat declined, this could cause a greater emphasis on personalized care. Veterinarians can focus more on offering their patients the best possible care. This will likely drive up the demand for advanced electrosurgical pet equipment.

Countries	Value CAGR between 2023 and 2033
United Kingdom	3.7%
India	6.3%
China	8.5%

The United Kingdom Sees Surge in Demand for Comprehensive Veterinary Services

The United Kingdom's expanding private ownership of pets is an important variable in the market's expansion.

• The count of people who own dogs has continuously climbed in the United Kingdom. Thirty-eight million pets live in about 57% of the homes in the United Kingdom (16.2 million). This has significant implications for the pet care industry, necessitating a more advanced and comprehensive approach to medical services.
• The growth in pet owners underscores the increasing necessity for comprehensive and advanced veterinary care. Hence, there is a heightened demand for high-quality veterinary surgical procedures and medical devices, including electrosurgery. The growing adoption of this technique in veterinary practices clearly indicates the market's readiness for advanced surgical solutions.

Electrosurgery Answers the Call of Expanding Pet Populations in China and India

Rising middle-class prosperity in countries like China and India and their expanding population are driving the demand for veterinary services, notably electrosurgery equipment.

• Around 220 million pets were kept in homes in China in 2022. Similar to this, it is believed that there are 32 million pets in India, with an annual growth rate of 11%. This substantial pet population underscores the necessity for advanced surgical techniques like electrosurgery, which can provide precise and effective treatment options for a range of conditions.
• The veterinary surgical device market is developing in China and India as a result of joint efforts by the government and commercial sector to progress veterinary care and promote better animal healthcare. This proactive approach is creating a fertile ground for the growth of the veterinary electrosurgery market in both India and China.

Veterinary Electrosurgery Market Analysis by Segment

Based on product type, the bipolar veterinary electrosurgery instruments segment dominates the global market in 2023, accounting for a 42.7% share. The general veterinary electrosurgery segment takes the lead when considering the application, commanding an impressive 44.0% market share in 2023.

Segment	2023 Value Share in the Global Market
Bipolar Veterinary Electrosurgery Instruments	42.7%
General Veterinary Electrosurgery	44.0%

Bipolar Veterinary Electrosurgery Instruments Sets New Standards in Pet Procedures

Given the lower risk of patient burns compared to monopolar electrosurgery, the growing popularity of pet animals, and the strong sales of bipolar surgical tools, the bipolar electrosurgery instrument category has a significant market share.

• The demand for bipolar electrosurgery is spurred by its unique capacity to deliver concentrated energy to a specific tissue area. This targeted approach significantly reduces the risk of patient burns, a crucial factor driving its popularity among practitioners. As a result, practitioners often resort to bipolar electrosurgery while carrying out procedures simply because of its benefits.
• The popularity of bipolar electrosurgery among veterinarians is attributed to its ability to facilitate procedures with an elevated level of precision and control. This results in reduced tissue damage and minimized blood loss. These benefits translate to improved post-operative recovery and overall enhanced patient care.

The Benefits of Electrosurgery in General Procedure Empowers Veterinarians

The rise in the application of general veterinary electrosurgery indicates a notable expansion in its usage within the veterinary field.

• The general surgery sector's significant market share is primarily attributed to the growth in soft tissue operations and available surgeries carried out on animals. The increasing awareness of the benefits of early sterilization in preventing severe medical conditions further fuels the demand for electrosurgery.
• The growing price of veterinary care drives applications of electrosurgery in animal care. Early sterilization can safeguard female cats and dogs from severe medical conditions later in life, such as uterine infections and breast cancer.
• Better surgical outcomes are a result of the precise control and lower blood loss provided by electrosurgery. This is especially crucial when performing general veterinary procedures since limiting tissue damage and ensuring quick recoveries are paramount.

Competitive Landscape of the Veterinary Electrosurgery Market

In the dynamic veterinary electrosurgery market, a mix of prominent and niche players coexist. Industry leaders employ diverse tactics like expanding product portfolios, venturing into new markets, forming strategic alliances, and introducing innovative offerings. These strategies are crucial in securing a competitive edge and market dominance.

Recent Developments in the Veterinary Electrosurgery Market

• Avante Animal Health obtained DRE Veterinary in January 2023 to supply clients with veterinary electrosurgery tools and supplies.
• Zoetis Inc. introduced its brand-new Versa Trio Electrosurgery System in 2022. The device features a variety of electrosurgical modalities to deliver accurate tissue cutting and hemostasis and is intended for application in small and large animal procedures.
• In April 2022, the Vimian Group obtained multiple product portfolios of prostheses and surgical instruments for use on animals in North America under the Spectrum and Everost trademarks. With this deal, Vimian enhanced its line of superior orthopedic implants for pets and entered an entirely fresh area with electrosurgical instruments for animal surgery.

Key Companies Profiled in the Veterinary Electrosurgery Market Report

• Symmetry Surgical Inc.
• KARL STORZ
• Avante Animal Health
• CVS Group
• DRE Veterinary
• B. Braun Melsungen AG
• Medtronic
• Summit Hill Laboratories
• Kwanza Veterinary
• Burtons Medical Equipment Ltd.
• EICKEMEYER
• Macan Manufacturing

Key Segments Covered in the Veterinary Electrosurgery Market

By Product:

• Bipolar Instruments
• Monopolar Instruments
• Consumables & Accessories

By Animal Type:

• For Small Animals
• For Large Animals

By Application:

• General
• Dental
• Gynecological & Urological
• Orthopedic
• Other Applications

By End Use:

• Across Veterinary Hospitals And Clinics
• Across Other End Users

By Region:

• North America
• Latin America
• Europe
• Asia Pacific
• The Middle East & Africa

Frequently Asked Questions

Which Segment Accounted for a Leading Veterinary Electrosurgery Market Share?

The bipolar instruments segment held a substantial market share in veterinary electrosurgery in 2022.

Who are the Key Players in the Veterinary Electrosurgery Market?

Prominent players in the market include Symmetry Surgical Inc., KARL STORZ, and others.

What are the Factors Driving the Veterinary Electrosurgery Market?

The market is driven by rising pet adoption and a growing focus on pet healthcare.

How Big is the Veterinary Electrosurgery Market?

The global veterinary electrosurgery market is valued at USD 520.32 million in 2023.

What is the Veterinary Electrosurgery Market Growth Rate?

The market is likely to develop at a CAGR of around 6.7% through 2033.