Animal Wound Care Market 2030: How Pet Ownership is Driving a $2.1B Industry Boom
The global animal wound care market is set to reach an impressive USD 2.10 billion by 2030, exhibiting a robust CAGR of 7.40% from 2025 to 2030. This significant growth, according to a new report by Grand View Research, Inc., is being propelled by a confluence of factors, including the surging popularity of companion animals, a growing pet population, the escalating demand for veterinary surgeries, and an uptick in animal injury cases. The Pet Population Boom The world is experiencing a pet adoption phenomenon. The American Veterinary Medical Association (AVMA) reported a substantial increase in the companion animal population from 2016 to 2020. In the U.S., the number of dogs jumped from an estimated 76.8 million in 2016 to 83.7 million in 2020. Similarly, the pet cat population grew from 58.4 million in 2016 to 60 million in 2020. Europe tells a similar tale: in 2021, the European FEDIAF estimated nearly 113.5 million cats and 92.9 million dogs. This consistently rising pet popula...