Global Market for Orthopedic Veterinary Implants
Dublin, June 16, 2023 (WORLD NEWSWIRE) — The “Orthopedic Veterinary Implants: Global Strategic Business Report” report has actually been contributed to Research StudyAndMarkets.com’s offering.
The worldwide market for Orthopedic Veterinary Implants approximated at US$123.9 Million in the year 2022, is predicted to reach a modified size of US$205 Million by 2030, growing at a CAGR of 6.5% over the analysis duration 2022-2030.
Veterinary Bone Plates, among the sections evaluated in the report, is predicted to tape-record a 6.8% CAGR and reach US$81.6 Million by the end of the analysis duration.
Taking into account the continuous post pandemic healing, development in the Screws section is adjusted to a modified 6.1% CAGR for the next 8-year duration.
The U.S. Market is Estimated at $40.6 Million, While China is Forecast to Grow at 8.1% CAGR
The Orthopedic Veterinary Implants market in the U.S. is approximated at US$40.6 Million in the year 2022. China, the world’s second biggest economy, is anticipated to reach a forecasted market size of US$20 Million by the year 2030 tracking a CAGR of 8.1% over the analysis duration 2022 to 2030.
Among the other notable geographical markets are Japan and Canada, each projection to grow at 5.4% and 6.1% respectively over the 2022-2030 duration. Within Europe, Germany is anticipated to grow at roughly 6% CAGR.
Select Competitors (Total 31 Featured) –
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B. Braun Melsungen AG
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BioMedtrix, LLC
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BlueSAO
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Johnson & Johnson
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STERIS Animal Health
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IMEX Veterinary Inc.
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Innoplant Medizintechnik GmbH
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Integra LifeSciences Corporation
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Jindal Medi Surge, Inc.
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KYON AG
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Mercury Orthopedics and Design, Inc.
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New Generation Devices (NGD)
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Orthomed (UK) Ltd
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Rita Leibinger GmbH & Co. KG
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AmerisourceBergen Corporation
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Veterinary Orthopedic Implants Inc
Key Attributes:
Report Attribute |
Details |
No. of Pages |
198 |
Forecast Period |
2022 – 2030 |
Estimated Market Value (USD) in 2022 |
$123.9 Million |
Forecasted Market Value (USD) by 2030 |
$205 Million |
Compound Annual Growth Rate |
6.5% |
Regions Covered |
Global |
Key Topics Covered:
I. APPROACH
II. EXECUTIVE SUMMARY
1. MARKET SUMMARY
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Impact of COVID-19 Pandemic and Looming Global Recession
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2020 Marked as a Year of Disruption & Transformation
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World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
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Pandemic Disrupts Animal Health Industry
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Pet Care Industry Faces Challenging Times in the middle of the Pandemic
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COVID-19 Outbreak Impacts Veterinarian Professionals
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Orthopedic Veterinary Implants – Global Key Competitors Percentage Market Share in 2022 (E)
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Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
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An Introduction to Veterinary Orthopedic Implants
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Global Market Prospects & Outlook
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Developed Regions Lead Global Market, Developing Economies to Spearhead Future Growth
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Competition
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World Brands
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Recent Market Activity
2. CONCENTRATE ON SELECT GAMERS
3. MARKET TRENDS & DRIVERS
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Growth of Veterinary Orthopedic Procedures to Boost Demand for Orthopedic Implants
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Rising Incidence of Arthritis & Bone Injuries in Animals Necessitate Orthopedic Procedures, Driving Market Growth
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Rise in Obesity amongst Animals Raises Need for Orthopedic Surgeries
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Rising Ownership of Pet and Companion Animals to Positively Impact Market Growth
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Global Pet Population: Number of Dogs and Cats in Million for the Years 2018 and 2021
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Global Pet Dog Population: Number of Pet Dogs by Select Countries (in Million) for 2021
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Global Pet Cat Population: Number of Pet Cats by Select Countries (in Million) for 2021
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Population of Pet Owners in China: Percentage Share of People Living with Dogs, Cats, Aquatic Animals, Rodents and Reptiles for 2020
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Pet Humanization Trend to Boost Market Prospects
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Increase in Animal Healthcare Spending Augurs Well for Veterinary Orthopedic Implants Market
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Animal Healthcare Market Worldwide: Revenues in US$ Billion for the Years 2018, 2020, 2022 and 2024
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Rise in Animal Racing Competitions and Resultant Rise in Injuries Enhances Demand for Implant Procedures
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Common Injuries in Race Horses: % of Fatal Injuries and % of Non-Fatal Career Ending Injuries (NFCEI) by Injured System
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Additive Manufacturing Expands Opportunities for Orthopedic Implants
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Additive Manufacturing of Fracture Fixation Implants
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The Rise of Bioabsorbable Implants in Veterinary Orthopedic Surgery
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Technology Advancements and Development of Novel Orthopedic Implants to Boost Market Prospects
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Proposed BMG Systems to Facilitate Equine Long Bone Fracture Repair
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Advancements in Orthopedics Promotes Market Prospects
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Market to Benefit from Expanding Insurance Coverage and Availability of Trained Veterinary Professionals
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Global Pet Insurance Market by Sales Channels (in %): 2020
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Challenges Confronting Orthopedic Veterinary Implants Market
4. INTERNATIONAL MARKET POINT OF VIEW
III. MARKET ANALYSIS
IV. COMPETITORS
For more info about this report check out https://www.researchandmarkets.com/r/5c6shg
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