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Veterinary Forceps Market - By Type (Hemostatic Forceps, Tissue Forceps), Animal Type (Small & Medium Animals), Application (Dental Surgery, Orthopedic Surgery), End-user (Veterinary Hospitals, Veterinary Clinics) & Forecast, 2023 - 2032


Published on: 2024-07-28 | No of Pages : 240 | Industry : Animal Health and Nutrition

Publisher : MIR | Format : PDF&Excel

Veterinary Forceps Market - By Type (Hemostatic Forceps, Tissue Forceps), Animal Type (Small & Medium Animals), Application (Dental Surgery, Orthopedic Surgery), End-user (Veterinary Hospitals, Veterinary Clinics) & Forecast, 2023 - 2032

Veterinary Forceps Market Size

Veterinary Forceps Market size accounted for USD 127 million in 2022 and is estimated to grow at a CAGR of over 6.4% between 2023 and 2032. Rising pet ownership has led to an increased demand for veterinary services and surgical procedures. With the rise in number of pet adoption, there is increasing focus of pet parents to provide quality care to their pets.  Also, several life-threatening diseases in pets are required to be treated by performing complicated surgeries. This is expected to increase the product demand and drive the market growth.

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Veterinary forceps are specialized surgical instruments used by veterinarians during medical procedures for animals. They are designed with two pivoted arms and serrated tips, allowing for precise grasping, holding, and manipulation of tissues. Veterinary forceps are commercialized in various shapes and sizes to cater to different surgical needs and play a crucial role in veterinary surgeries. Also, veterinary forceps ensure safe and effective procedures by providing veterinarians with the necessary tools to handle tissues with precision and care.

Veterinary Forceps Market Report Attributes
Report Attribute Details
Base Year 2022
Veterinary Forceps Market Size in 2022 USD 127 Million
Forecast Period 2023 to 2032
Forecast Period 2023 to 2032 CAGR 6.4%
2032 Value Projection USD 246.1 Million
Historical Data for 2018 to 2022
No. of Pages 150
Tables, Charts & Figures 262
Segments covered Type, Animal Type, Application, End-user, and Region
Growth Drivers
  • Growing awareness of various animal health conditions
  • Increasing number of veterinary practitioners in developed nations
  • Growing incidence of zoonotic disease
  • Increasing advancements in veterinary care
Pitfalls & Challenges
  • High cost of veterinary surgeries
  • Dearth of skilled veterinarians in developing nations

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COVID-19 Impact

The outbreak of COVID-19 pandemic had a negative impact on the veterinary forceps market as the pandemic was noted to have disrupted the healthcare system worldwide, causing significant delays in veterinary surgeries, treatment, and diagnosis of non-emergency disease conditions. The disruptions in the global supply chain caused delays in manufacturing and distribution, leading to shortages of these essential veterinary surgical instruments. Also, reduced veterinary visits and elective surgeries during the pandemic affected the demand for forceps. For instance, in 2021, according to animal health report, 80% of veterinarians reported a decrease in elective surgery visits and wellness visits in the U.S. alone. As a result of procedural deferral, various companies witnessed a dip in the sales of veterinary forceps, thereby significantly impacting the market growth.

Veterinary Forceps Market Trends

The increasing number of veterinary practitioners in developed nations is expected to boost the market growth. As the number of medical procedures among pets is rising, the demand for usage of forceps in surgeries will also increase, thereby supplementing the market growth. Also, some advanced forceps comes with specialized features like ratcheted locking mechanisms, fine tips, and unique jaw configurations, making them suitable for a wide range of surgical procedures. Thus, increasing demand for high quality treatment including surgery has increased the demand of veterinary surgical practice, thereby fostering the market growth.

Veterinary Forceps Market Restraint

High cost associated with the veterinary surgeries can potentially limit the overall market growth. Pet animals as well as other large animals undergo various surgeries such as spay & neutering, oral surgery, hip dysplasia surgery etc. and the expenses can vary greatly depending on the procedure. Also, the high cost of veterinary surgeries can also limit the expansion of veterinary practices and the adoption of advanced surgical techniques, which, in turn, affects the overall demand for veterinary forceps. Thus, high cost associated with surgeries for animal may hinder the market growth.

Veterinary Forceps Market Analysis

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By type, the veterinary forceps market is classified into hemostatic forceps, thumb forceps, tissue forceps, other forceps types. The hemostatic forceps accounted for 43.1% of the market share in 2022 and is projected to witness robust growth over the analysis timeframe. Hemostatic forceps play a crucial role in veterinary surgeries that are designed to control bleeding effectively during surgical procedures on animals. The serrated jaws of hemostatic forceps provide a firm and secure grip on blood vessels, enabling veterinarians to achieve hemostasis quickly and accurately. This helps reduce the risk of excessive bleeding, facilitating safer and more efficient surgery. Additionally, the precise control and manoeuvrability of hemostatic forceps aid in minimizing tissue damage, leading to faster recovery times for the animals, thereby augmenting the market statistics.

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Based on animal type, the veterinary forceps market is segmented into small & medium animals and large animals. The small & medium animals segment is expected to register USD 154.7 million by 2032. Veterinary forceps are designed to cater to the specific anatomical needs of animals such as dogs, cats, and other small to medium-sized animals. The different types of forceps, such as delicate tissue forceps and small-sized hemostatic forceps, allow veterinarians to perform precise and intricate procedures on these animals. Furthermore, as pet owners prioritize their pets well-being and seek specialized veterinary services, the demand for these tailored forceps is expected increase, thereby driving the market demand.

By application, the veterinary forceps market is segmented into dental surgery, orthopedic surgery, neurosurgery, ophthalmic surgery and other applications. The dental surgery segment accounted for significant market revenue in 2022 and is expected to grow at 5.8% during the forecast period. Veterinary forceps plays a significant role in dental surgeries as the unique shape and size of specific dental forceps allow veterinarians to perform precise and delicate tooth extractions and dental manipulations. These forceps offer firm and secure grip on teeth, facilitating easier extraction without causing excessive trauma to surrounding tissues. Thus, the use of dental forceps ensures a smoother and more efficient dental surgical process, reducing surgery time and minimizing discomfort for the animal, thereby fostering the market forecasts.

The end-user in veterinary forceps market is categorized into veterinary hospitals, veterinary clinics, and research centers & academia. Veterinary clinics segment accounted for USD 72.1 million market revenue in 2022. Increasing awareness pertaining to various animal health conditions and rising number of veterinary clinics especially in developed countries is expected to boost the market growth. Also, availability of surgical equipment including forceps is expected to spur the market growth. Furthermore, increasing shift towards minimally invasive surgical techniques in veterinary care is supplementing the demand for specialized surgical instruments such as forceps in veterinary clinics, thereby driving the market outlook.

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North America veterinary forceps systems market accounted for 41.2% market share in 2022 and is anticipated to grow at considerable growth rate during the forecast timeframe. Growing adoption of pets along with significant animal health expenditure in the region is expected to spur the market growth. Also, presence of key market players especially in U.S. market contributes to the growth of veterinary forceps market. Further, growing demand for effective disease diagnosis & treatment, favorable government regulations and reimbursement policies further support the expansion of veterinary surgeries, thereby contributing to the market expansion in the North America region.

Veterinary Forceps Market Share

Major market players operating in the veterinary forceps market

  • Integra LifeSciences
  • B. Braun Vet Care
  • Jorgen KRUUSE A/S (Henry Schein)
  • Jorgensen Labs

These industry players majorly adopt various strategies including collaborations, acquisitions, mergers, and partnerships to create a global footprint and sustain market competition.

Veterinary Forceps Industry News

  • In May 2022, TheraVet announced partnership and distribution agreement with Veterinary Instrumentation, one of the leading companies providing veterinary orthopedics and surgical instrumentation. With this agreement, the company is expected to enhance its distribution network in U.K and Ireland for the BIOCERA-VET product line, thereby strengthening its market presence.
  • In February 2021, Vimian Group, acquired Kahu Vet Group “Kahuvet” a supplier of veterinary surgical instruments in New Zealand & Australia. This acquisition strategy has enabled Vimian Group to expand its geographical presence and increase its customer base by penetrating into selective underpenetrated market.

The veterinary forceps market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2018 to 2032, for the following segments

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By Type

 

  • Hemostatic forceps
  • Thumb forceps
  • Tissue forceps
  • Other forceps types

By Animal Type

  • Small & medium animals
  • Large animals

Application

  • Dental surgery
  • Orthopedic surgery
  • Neurosurgery
  • Ophthalmic surgery
  • Other applications

End-user

  • Veterinary hospitals
  • Veterinary clinics
  • Research centers and academia

The above information is provided for the following regions and countries

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • Rest of MEA

 

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