Surgical Pet Collar Market by Product, Distribution Channel, Animal Type

Description

List of Tables

[193 Pages Report] The Surgical Pet Collar Market size was estimated at USD 325.10 million in 2023 and expected to reach USD 344.35 million in 2024, at a CAGR 6.16% to reach USD 494.35 million by 2030.

The surgical pet collars are designed to limit a pet's movement and prevent self-inflicted harm or injury during the healing process, post-surgery, or following a medical treatment. These collars, often referred to as "cone" or "Elizabethan" collars, are worn around the necks of dogs, cats, and other pets to restrict their range of motion and access to the affected area. Increasing adoption of pets for companionship and emotional support is rising demand for advanced medical care and treatments that require these collars post-surgery. Furthermore, increasing awareness about animal health issues among pet owners has led to higher veterinary visits and preventative healthcare measures, thereby expanding the adoption of surgical pet collars for short-term use and recovery periods. The rising availability of alternative post-operative care products, such as inflatable collars, surgical suits, and recovery shirts, hamper the market growth. Rising research & development activities to introduce advanced surgical pet collars are expected to create opportunities for market growth.

KEY MARKET STATISTICS
Base Year [2023]	USD 325.10 million
Estimated Year [2024]	USD 344.35 million
Forecast Year [2030]	USD 494.35 million
CAGR (%)	6.16%

Regional Insights

The increasing pet population with the requirement of adequate veterinary care services, including veterinary surgical procedures, is expanding the usage of surgical pet collars worldwide. Rising pet ownership and rapid pet insurance growth accelerate the adoption of various veterinary services, creating a platform for market growth in the Americas. According to the 2021-2022 National Pet Owners Survey by the American Pet Products Association (APPA), 70% of United States households, or about 90.5 million families, own a pet. According to the National Institute of Statistics and Geography (INEGI), 70% of Mexican households have at least one pet, following Argentina as the country with the most pets. Changing consumer lifestyles and increasing disposable income in Southeast Asian countries drive the growing acceptance of pets and the developing need for veterinary care in the region. According to research, more than half of individuals (59%) have a pet at home, with 16% of Hong Kong residents owning a dog, 47% in Thailand, and 67% in the Philippines. Cats came in second with 26% of pet ownership, except in Indonesia and Malaysia, where cat ownership of 47% and 34%, respectively, outpaced dog ownership with 10% and 20%. This increase in pet ownership has raised the pet wonders' willingness to pay for pet health, increasing the need for veterinary care. The availability of government support for the commercialization of various veterinary devices is expected to benefit market growth in EMEA. The European Medicines Agency (EMA) created and implemented a few guidelines to ensure the availability of veterinary devices in the European market. Moreover, the limited requirement for animal health drug approval and the rising number of pets in Europe raise the market growth of the surgical pet collar market.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Surgical Pet Collar Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers
- Rise in the number of pet adoptions and an increase in animal health spending
- Increasing awareness among pet owners about the growing prevalence of diseases in pets
- Surge in demand for premium pet products

Market Restraints
- High cost of surgical pet collars

Market Opportunities
- Technological advancements in the development of novel surgical pet collars
- Emerging potential with increasing availability of various pet insurance

Market Challenges
- Availability of cheap and low-quality substitutes

Market Segmentation Analysis
- Product: Emerging potential for soft fabric collars that provide greater comfort and flexibility for pets
- Animal Type: Expanding the use of surgical pet collars across cats

Market Disruption Analysis
Porter's Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Surgical Pet Collar Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Surgical Pet Collar Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Pet care startup Vetic raises USD 3.7 million in a seed funding round

Vetic, a tech-enabled chain of modern clinics raised USD 3.7 million by funding round led by Lachy Groom. Vetic aims to deliver top-notch medical care and convenience to pet parents. The funds raised were utilized to enhance technology, establish state-of-the-art medical infrastructure, and expand Vetic's clinic network. [Published On: 2022-11-30]

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Surgical Pet Collar Market. This critical assessment involves a thorough analysis of the organization's resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Surgical Pet Collar Market, highlighting leading vendors and their innovative profiles. These include Acorn Pet Products, All Four Paws, Arquivet, Arquivet SLU, Campbell Pet Company, Dogswell, Flamingo Pet Products, Guangzhou Doglemi Pet Product Ltd., Jorgen Kruuse A/S, KONG Company, KVP International, Inc., Lomir Biomedical Inc., Nilsen Company, Pet Lovers Centre Pte Ltd., PETS LIKE, TRIXIE Heimtierbedarf GmbH & Co. KG, and ZenPet USA.

Market Segmentation & Coverage

This research report categorizes the Surgical Pet Collar Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product
- Avian Spherical
- Cervical
- Inflatable
- Plastic Collar
- Soft Fabric

Distribution Channel
- Offline
- Online

Animal Type
- Cats
- Dogs

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

Product Code: MRR-B973EDD5E83C

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rise in the number of pet adoptions and an increase in animal health spending
  - 5.1.1.2. Increasing awareness among pet owners about the growing prevalence of diseases in pets
  - 5.1.1.3. Surge in demand for premium pet products
- 5.1.2. Restraints
  - 5.1.2.1. High cost of surgical pet collars
- 5.1.3. Opportunities
  - 5.1.3.1. Technological advancements in the development of novel surgical pet collars
  - 5.1.3.2. Emerging potential with increasing availability of various pet insurance
- 5.1.4. Challenges
  - 5.1.4.1. Availability of cheap and low-quality substitutes
5.2. Market Segmentation Analysis
- 5.2.1. Product: Emerging potential for soft fabric collars that provide greater comfort and flexibility for pets
- 5.2.2. Animal Type: Expanding the use of surgical pet collars across cats
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Surgical Pet Collar Market, by Product

6.1. Introduction
6.2. Avian Spherical
6.3. Cervical
6.4. Inflatable
6.5. Plastic Collar
6.6. Soft Fabric

7. Surgical Pet Collar Market, by Distribution Channel

7.1. Introduction
7.2. Offline
7.3. Online

8. Surgical Pet Collar Market, by Animal Type

8.1. Introduction
8.2. Cats
8.3. Dogs

9. Americas Surgical Pet Collar Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Surgical Pet Collar Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Surgical Pet Collar Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
- 12.3.1. Pet care startup Vetic raises USD 3.7 million in a seed funding round
12.4. Strategy Analysis & Recommendation

13. Competitive Portfolio

13.1. Key Company Profiles
13.2. Key Product Portfolio