Veterinary Orthopedics Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015 to 2020 and Forecast 2021 to 2027

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Veterinary Orthopedics Market By Type (Instruments, Implants, Pins, and Wires, Screws, Others), By end user (Veterinary Hospitals, Veterinary Clinics, Others), and Geography (North America, Latin America, Europe, Asia Pacific and Middle East and Africa)

 

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Report

Description

The global veterinary orthopedics market size valued $0.91 billion in 2020 and expected to reach $1.14 billion in 2027, at a CAGR of 9.2% during the forecast period 2021-2027. Orthopedics is the branch of medicine that deals with the skeleton and joints, as well as the joint capsule, muscle, ligament, cartilage, and tendon. Veterinary orthopedists are trained doctors, or surgeons, who treat disorders or injuries of the bones, joints, tendons, ligaments, and other soft tissues in animals. Global Veterinary Orthopedics is generating opportunities for effective animal care. Veterinary practitioners are finding new opportunities as the number of animal hospitals and pet care facilities grows. The global Veterinary Orthopedics Market is being driven by factors such as growing interest in pet protection, animal medical services, and rising cases of pet obesity.

Key Developments:

In March 2012, Integra Life sciences launched the Integra Miltex veterinary orthopedic line which includes screws, plates, lateral suturing products and instruments that used in repair of ligaments and broken or fractured bones in pet animals.

Veterinary Orthopedics Market

MARKET SUMMARY
-
9.2% CAGR
  • Study Period– 2021 – 2027
  • Base Year– 2020
  • CAGR– 9.2%
  • Largest Market– North America
  • Fastest Growing Market– Asia-Pacific

Veterinary Orthopedics Market

  • The report on global veterinary orthopedics market gives historical, current and future market sizes (US$ Mn) based on product type, end user and regions.
  • veterinary orthopedics market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Key Players
  • Braun Holding GmbH & Co. KG (Germany)
  • Veterinary Orthopedic Implants, Inc. (U.S.)
  • Johnson &Johnson (DePuySynthes) (U.S.)
  • IMEX Veterinary, Inc. (U.S.)
  • BioMedtrix (U.S.)
Veterinary Orthopedics Market

Drivers And Restraints

The market is driven by increase in adaptation of pets and growing animal health expenditure worldwide. In addition, advancements in veterinary orthopedic devices and growing animal sports like horse racing is expected to boost the market over the forecast period. Moreover, the initiatives such as “One Health” to collaborate the physicians, osteopathic physicians, dentists, veterinarians, nurses and other scientific-health and environmentally related discipline are promoting the innovations in all healthcare segments, projected to positively affect the growth of the market during the forecast period. Furthermore, technologies such as 3D printing of animal implants and other novel technologies expected to boost market growth. However, high cost of the devices and surgeries are expected to hamper the market growth over the forecast period.


North-America got significant share

Veterinary Orthopedics Market

North America veterinary orthopedic devices market is anticipated to grow at significant rate owing to increase in animal adaptation rates in households and owners willing to spend on animal health. According to the American Pet Product Association (APPA) about 68% of the U.S. households has companion animals in 2016 and showing continuous growth from past years. Europe veterinary orthopedics market is expected to have the notable growth rate owing to the presence of key market players, new product launches and growing number and growing pet care insurance in the region. Asia Pacific veterinary orthopedic devices market is projected to have lucrative growth opportunity over the forecast period due to the increase in adaptation of animals and disposable income.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2017 to 2021) and forecast (2022 to 2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Veterinary Orthopedics Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content

Description

The global veterinary orthopedics market size valued $0.91 billion in 2020 and expected to reach $1.14 billion in 2027, at a CAGR of 9.2% during the forecast period 2021-2027. Orthopedics is the branch of medicine that deals with the skeleton and joints, as well as the joint capsule, muscle, ligament, cartilage, and tendon. Veterinary orthopedists are trained doctors, or surgeons, who treat disorders or injuries of the bones, joints, tendons, ligaments, and other soft tissues in animals. Global Veterinary Orthopedics is generating opportunities for effective animal care. Veterinary practitioners are finding new opportunities as the number of animal hospitals and pet care facilities grows. The global Veterinary Orthopedics Market is being driven by factors such as growing interest in pet protection, animal medical services, and rising cases of pet obesity.

Key Developments:

In March 2012, Integra Life sciences launched the Integra Miltex veterinary orthopedic line which includes screws, plates, lateral suturing products and instruments that used in repair of ligaments and broken or fractured bones in pet animals.

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