Veterinary Orthopedic Implants Market, By Product Type (Plates, Screws, Jigs, Pins & Wires, and Others), By Application (Veterinary Hospitals and Veterinary Clinics), and By Region (North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and the Rest of the World) – Market Size & Forecasting (2016-2028)

The global veterinary orthopedic implants market is expected to reach USD 95 million in 2018 and expected to grow at a CAGR of 6.8% during the forecast period. According to the Association for Pet Obesity Prevention, 54% of dogs and 59% of cats within the U.S. suffered from overweight or obesity in 2016, which can cause some sort of orthopedic disease in them. Moreover, key players within the market are involved in strategic partnerships and collaborations, so as to expand their presence in a large geographical area. Such factors enhance the expansion of the market.

Veterinary Orthopedic Implants MarketVeterinary Orthopedic Implants Market Statistics (2017-2028)

With the growing number of companion animals, the demand for veterinary orthopedic implants is predicted to grow rapidly. Consistent with the American Pet Product Association (APPA), nearly 63% of the U.S. households had companion animals in 2012. The population of companion animals like cats and dogs has witnessed a rapid increase within the past decade moreover the willingness of the owners to spend on the health of their pets is predicted to drive revenue growth of the veterinary orthopedic implants market over the forecast period. The growing fame of animal sports like racing, racing, rodeos and illegitimate sports like dog fighting and bullfighting is predicted to extend the number of cases of orthopedic injuries in animals and successively propel the demand for orthopedic implants. Initiatives like ‘One Health’ aimed towards expanding interdisciplinary collaborations in healthcare for humans and animals is predicted to drive product innovation. However, the high cost of surgeries may hamper demand for veterinary orthopedic implants in underdeveloped and emerging economies.

Key Factors Impacting the Growth of Veterinary Orthopedic Implants Market:

  • A growing number of companion animals.
  • The growing fame of animal sports like racing, racing, rodeos, and illegitimate sports.

The veterinary orthopedic implants market segmentation is based on product type, application, end user, and region.

Product Type Outlook:

Based on product type, the market is segmented into plates, screws, jigs, pins & wires, and others. The plates segment is going to dominate the market in 2018. Moreover, the screws segment is expected to be the fastest-growing segment during the forecast period.

Application Outlook

Based on the application, the market is segmented into veterinary hospitals and veterinary clinics. The veterinary hospitals segment is expected to dominate the market in 2018 and expected to dominate the market during the forecast period owing to the rising awareness about this disease is further increasing demand for early treatment.

Veterinary Orthopedic Implants MarketVeterinary Orthopedic Implants Market Segmentation (2017-2028)

Regional Outlook:

Based on the region, the global veterinary orthopedic implants market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. North America is estimated to be the leading market within the global veterinary orthopedic implants market in 2018. The rising number of households owning companion animals within the U.S. and growing healthcare expenditure on companion animals is predicted to propel the growth of the veterinary orthopedic implants during this region. Europe is estimated to be the second most lucrative marketplace for veterinary orthopedic implants manufacturers. The presence of several veterinary facilities and therefore the availability of the latest products is predicted to drive the market growth of veterinary orthopedic implants in Europe. The Asia Pacific is predicted to witness high growth within the veterinary orthopedic implants market due to a growing number of veterinary hospitals and clinics. Latin America and MEA regions also are expected to witness high revenue growth over the forecast period due to growing public expenditure in veterinary hospitals aimed towards affordable healthcare for livestock.

Competitive Landscape

The leading companies in the market are focused on product development as well as the acquisition in the market to enhance the market share in the global market during the forecast period. This also expected to fuel market growth in the coming years. The key leading players in the global veterinary orthopedic implants market include MWI Veterinary Supply Co., DePuy Synthes, GPC Medical Ltd., Rita Leibinger GmbH & Co. KG, B. Braun Vet Care GmbH and others.

Veterinary Orthopedic Implants MarketVeterinary Orthopedic Implants Market Regional Analysis (2017-2028)

This report also includes the profiles of key veterinary orthopedic implants market companies along with their SWOT analysis and market strategies. In addition, these competitive landscapes provide a detailed description of each company including future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launch, new product developments, and other latest industrial developments.

Key Developments in Veterinary Orthopedic Implants Market:

  • In June 2018, Veterinary Orthopedic Implants, Inc., a veterinary medical device company introduced its new the Elite TPLO plate.

Veterinary Orthopedic Implants MarketVeterinary Orthopedic Implants Market Timeline(2017-2028)

What Does This Report Provide?

This report provides a detailed understanding of the global veterinary orthopedic implants market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the market.

Market Segmentation:

Based on the Product Type

  • Plates
  • Screws
  • Jigs
  • Pins & Wires
  • Others

Based on the Application

  • Veterinary Hospitals
  • Veterinary Clinics

By Region:

North America

  • By Country (US, Canada, Mexico)
  • By Product Type
  • By Application

Western Europe

  • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
  • By Product Type
  • By Application

Eastern Europe

  • By Country (Russia, Turkey, Rest of Eastern Europe)
  • By Product Type
  • By Application

Asia Pacific

  • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
  • By Product Type
  • By Application

Middle East

  • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
  • By Product Type
  • By Application

Rest of the World

  • By Region (South America, Africa)
  • By Product Type
  • By Application

Reasons to Buy This Report:

  • Market size estimation of the veterinary orthopedic implants market on a regional and global basis
  • Unique research Usage for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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