Adroit Market Research - Industry Insights

Veterinary sutures are most extensively adopted devices to treat surgical emergencies and wound treatment dedicated to both pets as well as farm animals alike. Besides technological leaps, growing awareness amongst pet parents about the wellbeing of their companion animals as well as farm animals has been exemplary in pushing the veterinary surgical sutures market towards thumping growth. Additionally, the steady rise in nuclear families has further proliferated need for companion animals globally. This trend is far beyond a passing fad and is estimated to manifest favorably towards adoption and growth in veterinary surgical sutures market in the following years.

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Veterinary sutures are most extensively adopted devices to treat surgical emergencies and wound treatment dedicated to both pets as well as farm animals alike. Besides technological leaps, growing awareness amongst pet parents about the wellbeing of their companion animals as well as farm animals has been exemplary in pushing the veterinary surgical sutures market towards thumping growth. Additionally, the steady rise in nuclear families has further proliferated need for companion animals globally. This trend is far beyond a passing fad and is estimated to manifest favorably towards adoption and growth in veterinary surgical sutures market in the following years.

Veterinary surgical sutures are essentially wound sealing devices that accelerate healing process and thereby ensure speedy recovery. Additionally, risks of post treatment infections and tissue damage are also eliminated with adoption of veterinary surgical sutures.

A recent recently released statistical data on the rising pet population affirms that pet ownership is steadily rising across developed economies such as the US, with dogs and cats leading the ground following by poultry and exotic animals and reptiles such as lizards. According to the 2017-18 edition of AVMA's Pet ownership and Demographics Sourcebook, select pet parents such as dog owners frequently make routine veterinary visit.

Additionally, yet another vital statistical survey by Canadian Animal Health Institute, dog population in Canada has shown significant spike in pet ownership, more specifically dogs, registering a total of 8.2 million in 2018 from a former 7.6 million in 2016. This rising trend in pet ownership is estimated to rope in remunerative returns in veterinary visits, further manifesting growth triggers in veterinary surgical sutures market.

Aspiring to offer sophisticated wound treatment devices in veterinary care, leading companies specifically invest in innovative design technology, followed by in-depth testing to provide top-notch veterinary surgical sutures at a commercial scale. Stringent regulations further necessitate adherence to international manufacturing standards such as CE, ISO, and FDA approvals before veterinary surgical sutures are made commercially available.

Pursuing technological revolution in veterinary surgical sutures, stakeholders are painstakingly evaluating various possibilities to harness quick recovery time with minimal trauma. In recent years, knotless veterinary sutures have garnered substantial attention as opposed to standard absorbable sutures. Besides massive investments by market participants, several relevant studies are undertaking evaluation tests to assess the performance of each type of veterinary sutures.

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To cite an instance, a recent study assessed the capabilities of both monofilament absorbable sutures and knotless suture in veterinary dentistry. Both variants were adopted in treating wound closure and were assessed on the parameter of healing time amongst 19 cats who has undergone extraction. Veterinary sutures of both the types were positioned in the incisions and the assessment was carried out through a month. The study concluded that barbed knotless veterinary sutures fetched better results as opposed to standard sutures. Therefore, emergence of knotless veterinary surgical sutures is a novel innovation that has encouraged substantial investments on the part of market participants in veterinary surgical sutures market.

Medtronic’s New V-Loc Veterinary Surgical Sutures Eliminates Knotting in Wound Treatments

In this light, first line companies such as Medtronic Animal Health offers a dynamic range of veterinary sutures with a celebrated experience of over a century. It has constantly excelled in diversifying its portfolio of veterinary surgical sutures in terms of building material, needle variations and dimensions. The most recent addition to its wide array of veterinary surgical sutures is based on its proprietary wound sealing technology that removes the tedious task of knotting. This knotless veterinary surgical sutures under the brand, V-Loc enables faster recovery with significantly improved resilience and safety. Developments as such are poised to put growth at a faster track in veterinary surgical sutures market.

Diagnosis and therapeutics of fatal disease incidences are gaining rapid momentum with large scale adoption of new treatment aid. One of the most rampant disease occurrence leading to high mortality rates is cancer. Several high-end research analysis and studies crucially examine the trend.  Several dedicated studies and new statistical data render timely information about cancer occurrences amongst companion animals, more specifically dogs and cats.

High Incidences of Fatal Cancer amongst Companion Animals to Encourage Surgical Removal

According to news reports, over 60 million dogs and 30 million cats are adopted as pets in the US. Amongst these, approximately 6 million new cases of cancer are registered annually. At the backdrop of such alarming spike in cancer occurrences amongst companion animals, several vital studies are being undertaken to identify ideal treatment for such large-scale cancer episodes.

Several studies suggest that relapse of cancer can be averted completely in most cases wherein the cancers have been surgically removed. This latest study on veterinary cancer occurrences and treatment was spearheaded by Oregon State University. Needless to mention, adoption of veterinary surgical sutures are likely to witness manifold adoption rates, thereby stimulating lucrative returns in veterinary surgical sutures market.

Surgical Procedures amongst Aging Pets to Render Tangible Spike in Veterinary Surgical Sutures Market

Yet another contributing factor towards escalated adoption of pet care is soaring numbers of aging pets. The life expectancy of pets such as dogs has substantially improved in recent years. On similar lines, cats are also witnessing substantial spike in average life expectancy, thereby augmenting measurable splurge in veterinary care. Aging companion animals as well as livestock remain vulnerable to diseases, thereby further rendering reliance in pet care. Age related complications such as bone degeneration and a slew of other orthopedic conditions that encourage advances surgical procedures to obscure such age defined complications. These developments are poised to render substantial progress and growth in veterinary surgical sutures market.

According to a recent review by Bureau of Labor Statistics (BLS) has analyzed the veterinary occupation landscape through between 2016-26. The study predicts over 51K new veterinary jobs. Veterinary surgeons are expected to see a lucrative career on the back of rising disease conditions and an associated splurge in veterinary hospitals. These novel trends are likely to further benefit onward growth trend in veterinary surgical sutures market in years to come.