The veterinary surgical instruments market is expected to witness significant growth in the coming years, with a growing demand for pet insurance and rising animal health expenditure, growing companion animal market and increasing veterinary practitioners in the developed economies.

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The global market is projected to reach USD 1,029.0 Million by 2021 from USD 748.4 Million in 2016, at a CAGR of 6.6% from 2016 to 2021. However, shortage of skilled veterinarians in the developing economies and lack of animal health issues awareness in emerging markets may hinder the growth of this market to a certain extent.

Factors such as rising animal health expenditure and pet insurance, growing companion animal market, growing demand for animal-derived food products, increasing number of veterinary practitioners and their income levels in developed regions are the primary growth drivers for the global market.

However, shortage of skilled veterinarians in the developing economies and lack of animal health issues awareness in emerging markets may hinder the growth of this market to a certain extent. Emerging markets such as China, India, and Brazil offer significant opportunities for the growth of market. Lack of animal health awareness and shortage of veterinarians in emerging countries are the major market challenges.

The report analyzes the veterinary surgical instruments market by product, animal type, application, and region. On the basis of product, the market is segmented into sutures, staplers and accessories, handheld devices, electro-surgery instruments, and others. The handheld devices are further segmented into forceps, scalpels, surgical scissors, hooks & retractors, and trocars & cannulas.

On the basis of animal type, the global market is segmented into small animals and large animals. Based on application, the market is segmented into soft- tissue surgery, sterilization surgery, gynecology & urology, dental surgery, orthopedic surgery, ophthalmic surgery and others

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