LAMEA Veterinary Electrosurgery Market

LAMEA Veterinary Electrosurgery Market Size, Share & Industry Trends Analysis Report By Animal Type, By Product, By End User (Veterinary Clinics, Veterinary Hospitals, and Others), By Application, By Country and Growth Forecast, 2023 - 2030

Report Id: KBV-18424 Publication Date: October-2023 Number of Pages: 139
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Analysis of Market Size & Trends

The Latin America, Middle East and Africa Veterinary Electrosurgery Market would witness market growth of 10.5% CAGR during the forecast period (2023-2030).

Innovation is the lifeblood of the veterinary electrosurgery market, driving advancements that push the boundaries of what is possible. To improve electrosurgery's safety and precision, research is ongoing to develop alternative energy sources, such as radiofrequency and microwave. Robotic-assisted surgery is making headway in veterinary medicine. It offers the potential for greater precision and control, particularly in complex and delicate procedures. Innovations in electrosurgery are frequently paired with improved visualization techniques, allowing for more accurate tissue targeting and treatment.

Integrating artificial intelligence and machine learning into electrosurgical instruments enhances the decision-making process during surgery, leading to more optimal outcomes. Manufacturers are developing single-use electrosurgical devices to reduce the risk of cross-contamination and streamline the surgical process. Non-invasive electrosurgical techniques, like plasma-mediated electrosurgery, are being explored to minimize tissue damage and recovery times further. Electrosurgical devices are increasingly designed to interface with telemedicine platforms, allowing remote consultation and expert guidance during surgeries in challenging environments. Advances in genomics and molecular diagnostics are contributing to the development of personalized treatment plans, and electrosurgery is adapting to accommodate these individualized approaches.

Urbanization in many LAMEA countries leads to lifestyle changes, with more people living in cities and urban areas. Urban populations are more likely to own pets and have access to modern veterinary practices, thus increasing the demand for advanced surgical techniques. As in other parts of the world, the humanization of pets in LAMEA leads to higher expectations regarding the quality of medical care provided to animals. Pet owners want the best care, including advanced surgical techniques like electrosurgery, to ensure their pets' well-being. As per the data from the Government of Canada, the pet population in the United Arab Emirates (UAE) has increased by around 10,000 animals each from 2016 to 2020, with the large dog population growing the fastest by around 6,000 animals. Thus, the rising pet population in the LAMEA region will help boost the demand for veterinary electrosurgery.

The Brazil market dominated the LAMEA Veterinary Electrosurgery Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,184.9 Thousands by 2030. The Argentina market is exhibiting a CAGR of 11.1% during (2023 - 2030). Additionally, The UAE market would experience a CAGR of 10.2% during (2023 - 2030).

Based on Animal Type, the market is segmented into Small Animals, and Large Animals. Based on Product, the market is segmented into Bipolar Electrosurgery Instruments, Monopolar Electrosurgery Instruments, and Consumables & Accessories. Based on End User, the market is segmented into Veterinary Clinics, Veterinary Hospitals, and Others. Based on Application, the market is segmented into General Surgery, Gynecological & Urological Surgery, Orthopedic Surgery, Dental Surgery, Ophthalmic Surgery, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Worldwide Veterinary Electrosurgery Market is Projected to reach USD 141.8 Million by 2030, at a CAGR of 7.3%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Covetrus, Inc., Medtronic PLC,Integra LifeSciences Holdings Corporation, Olympus Corporation, KeeboVet Veterinary Ultrasound Equipment, Eickemeyer – Medizintechnik für Tierärzte KG, KLS Martin Group, XcelLance Medical Technologies Pvt. Ltd, KENTAMED Ltd., B. Braun Melsungen AG

Scope of the Study

Market Segments Covered in the Report:

By Animal Type

  • Small Animals
  • Large Animals

By Product

  • Bipolar Electrosurgery Instruments
  • Monopolar Electrosurgery Instruments
  • Consumables & Accessories

By End User

  • Veterinary Clinics
  • Veterinary Hospitals
  • Others

By Application

  • General Surgery
  • Gynecological & Urological Surgery
  • Orthopedic Surgery
  • Dental Surgery
  • Ophthalmic Surgery
  • Others

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Covetrus, Inc.
  • Medtronic PLC
  • Integra LifeSciences Holdings Corporation
  • Olympus Corporation
  • KeeboVet Veterinary Ultrasound Equipment
  • Eickemeyer – Medizintechnik für Tierärzte KG
  • KLS Martin Group
  • XcelLance Medical Technologies Pvt. Ltd
  • KENTAMED Ltd.
  • B.Braun Melsungen AG
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