Download Sample, Increasing Pet Adoption Rates Are Driving Demand for Veterinary Sutures
Pet adoption has increased dramatically in recent years all across the world. With the rise of social media and increased access to information, there is a growing global awareness of animal welfare concerns. As a result, instead of buying from breeders or pet retailers, people are adopting pets from animal shelters and rescue organisations. In accordance with the APPA National Pet Owners Survey 2023-2024, 66% of United States households, or 86.9 million households, own a pet. Additionally, other nations nearby, including Canada and Mexico, have also seen a surge in pet ownership. As a result of increased pet adoption, the possibilities of injuries and wounds in their pets have also increased due to several causes such as outdoor activities, lack of surveillance on dogs, and pet health issues. As per the North American Pet Health Insurance Association's (NAPHIA) 2023 State of the Industry (SOI) Report, the North American pet health insurance business expanded by 23.5% in In-Force GWP from 2022 to 2023. These factors are expected to boost market expansion.
The absorbable suture segment dominated the global market. The absorbable sutures are not required to be removed after the wound has healed, which can be difficult in animals who resist restraint or require anaesthesia to be removed. Furthermore, the use of absorbable sutures reduces the need for a follow-up session for suture removal, lowering the overall expense and inconvenience to the owner. Additionally, absorbable sutures are less likely to trigger tissue responses such as infection, inflammation, or rejection, which can cause wound healing to be delayed and raise the risk of complications. This is particularly important in veterinary surgeries, where animals may be more susceptible to infection owing to living conditions outdoors or in unsanitary surroundings. Due to these features, absorbable sutures are favoured over non-absorbable sutures during veterinary surgeries.
The absorbable suture segment dominated the global market. The absorbable sutures are not required to be removed after the wound has healed, which can be difficult in animals who resist restraint or require anaesthesia to be removed. Furthermore, the use of absorbable sutures reduces the need for a follow-up session for suture removal, lowering the overall expense and inconvenience to the owner. Additionally, absorbable sutures are less likely to trigger tissue responses such as infection, inflammation, or rejection, which can cause wound healing to be delayed and raise the risk of complications. This is particularly important in veterinary surgeries, where animals may be more susceptible to infection owing to living conditions outdoors or in unsanitary surroundings. Due to these features, absorbable sutures are favoured over non-absorbable sutures during veterinary surgeries.
Increasing Popularity of Minimally Invasive Surgical Procedures in Veterinary Care is Driving the Market
Globally, there is an increasing tendency to overfeed pets, which contributes to their increased obesity. This has had a detrimental impact on pet health, making them more susceptible to disease. According to the Association for Pet Obesity Prevention, in 2022, 59% of dogs and 61% of cats were overweight or obese. Diabetes mellitus is a frequent endocrine condition in dogs and cats, affecting around one out of every 300 patients, according to the Merck Veterinary Manual. The development of novel suturing materials for veterinary surgical procedures has the potential to enhance surgical outcomes by improving wound healing and lowering infection risk.
Furthermore, increasing veterinary services in underdeveloped countries is crucial for improving animal health and welfare, as well as population health and food security. Many developing countries lack access to veterinary services, which can contribute to disease spread, poor animal welfare, and reduced output from agriculture. Thus, offering training and instruction to local veterinary professionals, boosting the use of telemedicine, connecting with local populations, and creating trust can all assist in enhancing veterinary service uptake and improve animal health and welfare. As a result of the rising use of minimally invasive surgeries, the development of novel and revolutionary raw materials for suture manufacture, as well as the growth of veterinary services in developing countries, prospects for the veterinary suture market are emerging.
Furthermore, increasing veterinary services in underdeveloped countries is crucial for improving animal health and welfare, as well as population health and food security. Many developing countries lack access to veterinary services, which can contribute to disease spread, poor animal welfare, and reduced output from agriculture. Thus, offering training and instruction to local veterinary professionals, boosting the use of telemedicine, connecting with local populations, and creating trust can all assist in enhancing veterinary service uptake and improve animal health and welfare. As a result of the rising use of minimally invasive surgeries, the development of novel and revolutionary raw materials for suture manufacture, as well as the growth of veterinary services in developing countries, prospects for the veterinary suture market are emerging.
Recent Trends in the Veterinary Sutures Industry:
- The industry is focusing on advanced sutures with bioabsorbable polymers, synthetic fibers, and composites.
- The integration of smart technology in sutures allows real-time monitoring and targeted medication delivery.
- The industry increasingly favors biodegradable sutures, avoiding removal and minimizing infection risks.
- The integration of sutures with regenerative medicine techniques enhances tissue repair and regeneration.
- Advances in 3D printing enable custom sutures for improved precision and outcomes in veterinary care.
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Limited Number of Manufacturers Poses Several Obstacles to The Market Expansion
There are a limited number of manufacturers who specialise in the manufacture of veterinary sutures since the market for veterinary sutures is limited than the human medical market and the number of sutures required for veterinary treatments is often lower than for human procedures. The veterinary suture market's small number of manufacturers presents several obstacles for both manufacturers and customers. Manufacturers may find it difficult to compete in a very small market, and chances for development or expansion may be limited. Customers may find it more difficult to obtain the particular items they want or to negotiate favourable pricing when they have limited options. These factors are projected to restrain global market revenue growth throughout the forecast period.
In regions where there is a shortage of skilled veterinarians, the need for advanced suturing products may be reduced, potentially hindering market expansion. Additionally, the increasing use of alternative wound management methods, such as tissue adhesives and staples, which offer faster application and fewer postoperative issues, may reduce the reliance on traditional sutures. Furthermore, any recalls or safety concerns associated with veterinary sutures can erode consumer confidence and disrupt market growth. Ensuring high product quality and addressing safety issues swiftly is essential for market stability.
In regions where there is a shortage of skilled veterinarians, the need for advanced suturing products may be reduced, potentially hindering market expansion. Additionally, the increasing use of alternative wound management methods, such as tissue adhesives and staples, which offer faster application and fewer postoperative issues, may reduce the reliance on traditional sutures. Furthermore, any recalls or safety concerns associated with veterinary sutures can erode consumer confidence and disrupt market growth. Ensuring high product quality and addressing safety issues swiftly is essential for market stability.
Transformative Hydrogel Product and Strategic Acquisition Raise Wound Care and Surgical Capabilities
Major industry leaders utilize strategies that focus on launching new products, merging with competitors, and purchasing companies to grow their customer base and enhance their range of products. In March 2023, Animus Surgical introduced "Membra," a groundbreaking hydrogel wound sealant poised to transform open wound management and suture line protection. Membra, a transparent, non-toxic, and biodegradable hydrogel, applies as a liquid and forms a flexible, protective layer over wounds. This innovative product is water-resistant and suitable for a diverse range of species, including horses, companion animals, and aquatic life. With a durability of up to 14 days, Membra reduces infection risks and eliminates the need for traditional adhesive bandages in post-surgical care.
Moreover, in April 2023, Corza Medical finalized a deal to acquire Takeda Pharmaceuticals’ TachoSil manufacturing operations in Linz, Austria. This move complements Corza’s existing commercial rights for TachoSil, a leading surgical patch, enhancing their Biosurgery division. The acquisition integrates TachoSil's expert production team with Corza’s surgical expertise and global reach. This strategic expansion aims to boost manufacturing capacity, streamline operations, and foster innovation in Biosurgery. Corza Medical, backed by GTCR, plans to leverage this acquisition to elevate service levels and strengthen its European presence.
Moreover, in April 2023, Corza Medical finalized a deal to acquire Takeda Pharmaceuticals’ TachoSil manufacturing operations in Linz, Austria. This move complements Corza’s existing commercial rights for TachoSil, a leading surgical patch, enhancing their Biosurgery division. The acquisition integrates TachoSil's expert production team with Corza’s surgical expertise and global reach. This strategic expansion aims to boost manufacturing capacity, streamline operations, and foster innovation in Biosurgery. Corza Medical, backed by GTCR, plans to leverage this acquisition to elevate service levels and strengthen its European presence.
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United States Dominated the Global Veterinary Suture Market
The United States dominated the global market. The number of homes with at least one cat climbed from 26% to 29% between 2020 and 2022, according to the AVMA report on pet ownership and expenditure in the United States, which was published in October 2022. With an abundance of specialised veterinary clinics and hospitals offering a wide range of surgical procedures, the United States offers the most advanced veterinary care in the world. This sophisticated level of care frequently requires the use of specialised veterinary sutures, contributing to increased demand for these products in the United States. As per the APPA research, Americans are continuing to spend more money on their pets annually. According to the American Pet Products Association, in 2022, US$ 136.8 billion had been spent on pets in the United States. Furthermore, the United States has a vast supply chain for veterinary products, including sutures. This simplifies the distribution of producers' products to veterinary clinics and hospitals around the country. As a result of the increased prevalence, demand for veterinary sutures will rise, propelling the market forward.
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The report provides a detailed overview of the veterinary sutures market insights in regions including North America, Latin America, Europe, Asia-Pacific, Oceania, and the Middle East and Africa. The country-specific assessment for veterinary sutures market has been offered for all regional market share, along with forecasts, market scope estimates, price point assessment, and impact analysis of prominent countries and regions. Throughout this market research report, Y-o-Y growth and CAGR estimates are also incorporated for every country and region, to provide a detailed view of the veterinary sutures market. These Y-o-Y projections on regional and country-level markets brighten the political, economic and business environment outlook, which are anticipated to have a substantial impact on the growth of the veterinary sutures market. Some key country and region included in the veterinary sutures market report as follows:
| Regions | Countries |
|---|---|
| North America | United States, Canada |
| Latin America | Brazil, Mexico, Argentina, Colombia, Chile, Rest of Latin America |
| Europe | Germany, United Kingdom, France, Italy, Spain, Russia, Netherlands, Switzerland, Belgium, Sweden, Austria, Norway, Denmark, Finland, Ireland, Czech Republic, Rest of Europe |
| Asia Pacific | China, India, Japan, South Korea, Australia & New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia Pacific |
| Middle East and Africa | GCC Countries, South Africa, Egypt, Turkey, Morocco, Israel, Iran, Kenya, Nigeria, Rest of MEA |
Veterinary Sutures Market Research Report Covers In-depth Analysis on:
- Veterinary sutures market detailed segments and segment-wise market breakdown
- Veterinary sutures market dynamics (Recent industry trends, drivers, restraints, growth potential, opportunities in veterinary sutures industry)
- Current, historical and forthcoming 10 years market valuation in terms of veterinary sutures market size (US$ Mn), volume (Units), share (%), Y-o-Y growth rate, CAGR (%) analysis
- Veterinary sutures market demand analysis
- Veterinary sutures market pricing analysis over forecast period (by key segment and by region)
- Veterinary sutures market regional insights with region-wise market breakdown
- Competitive analysis – key companies profiling including their market share, product offerings, and competitive strategies.
- Latest developments and innovations in veterinary sutures market
- Regulatory landscape by key regions and key countries
- Supply chain and value chain analysis in veterinary sutures market
- Veterinary sutures market sales and distribution strategies
- A comprehensive overview of parent market
- A detailed viewpoint on veterinary sutures market forecast by countries
- Mergers and acquisitions in veterinary sutures market
- Essential information to enhance market position
- Robust research methodology
- Frequently Asked Questions -
What factors are driving the growth of the veterinary sutures market?
The growth is driven by increasing pet ownership, advancements in veterinary technology and rising demand for high-quality surgical procedures in animals.
What is the market outlook for veterinary sutures over the next decade?
The market is expected to grow steadily, driven by technological advancements, increased pet healthcare expenditure and rising demand for effective surgical solutions.
What are the key challenges faced by the veterinary sutures market?
Key challenges include the high cost of advanced sutures, competition from alternative wound closure products and the need for continuous innovation.
