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Orthopedic Veterinary Implants Market

Global Market Study on Orthopedic Veterinary Implants: Increase in pet parent population to drive market expansion

Orthopedic Veterinary Implants Market Segmented By Total Knee Replacement, Total Hip Replacement, Trauma Fixations, Tibial Tuberosity Advancement Implants, Tibial Plateau Leveling Osteotomy Implants, Advanced Locking Plate System, Total Elbow Replacement Type

Orthopedic Veterinary Implants Market Outlook (2022 - 2026)

The Global Orthopedic Veterinary Implants Market value is projected to exceed US$ 3,539 million by the year 2026 at a CAGR of 9%. The most common cause of lameness and discomfort in animals is an orthopedic illness. Various orthopedic operations for animals are available at several specialist surgical facilities. Stainless steel veterinary orthopedic implants are widely utilized in various veterinary orthopedic surgeries. Veterinary orthopedic implants come in a variety of sizes to accommodate various orthopedic disease indications. The developments in imaging technologies for animals have eased the diagnosis of veterinary orthopedic illnesses, favorably boosting the global veterinary orthopedic implants market. Furthermore, the rising pet owner population and their desire to spend on their health are driving the growth of the global veterinary orthopedic implants market.

Attribute Key Insights

Orthopedic Veterinary Implants Market Size (2022)

US$ 2,504.7 Mn

Projected Market Value (2026)

US$ 3,539 Mn

Global Market Growth Rate (2022-2026)

9% CAGR

Share in parent market

7.8%

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Orthopedic Veterinary Implants Market Demand Analysis (2013-2021) v/s Market Outlook (2022 – 2026)

The Orthopedic Veterinary Implants Market is expected to have a CAGR of 9% over the forecast period. The major factors driving the growth of the Orthopedic Veterinary Implants market are an increase in the prevalence of orthopedic disorders in animals and the willingness of pet owners to spend on animal health. Apart from this, an increase in the pet parent population and the rising awareness about pet care and animal care are expected to fuel the market growth.

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What is expected to keep the Hopes High for Orthopedic Veterinary Implants Market?

“Increased Prevalence of Orthopedic Problems in Pets”

Obesity is the major cause of joint problems in dogs. This can lead to a variety of orthopedic issues, including arthritis and hip dysplasia pain. In addition, young dogs are more prone to fractures than adults. Furthermore, the increasing awareness about pet care and the willingness of pet parents to spend on veterinary orthopedic procedures is expected to support market growth.

orthopedic-veterinary-implants-market

“Improving Veterinary Healthcare Infrastructure”

Increased investment in veterinary healthcare infrastructure to improve pet health is expected to drive market growth. Various governments and non-profit organizations around the world are investing in veterinary healthcare infrastructure. Veterinary facilities are equipped with trained healthcare workers and cutting-edge infrastructure. Furthermore, rising awareness regarding pet and animal healthcare is likely to fuel the growth of the Orthopedic Veterinary Implants Market.

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What restraints is the Orthopedic Veterinary Implants Market subject to?

“High Cost of Orthopedic Veterinary Implants”

The cost of veterinary treatments and Orthopedic Veterinary Implants is very high, and there are no reimbursement policies available, therefore this factor is anticipated to hinder the growth of the Orthopedic Veterinary Implants Market in developing and underdeveloped countries.

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Competitive Landscape

The Orthopedic Veterinary Implants market is slightly fragmented and consists of significant major players that dominate the market. Major players in the market are emphasizing stronger product portfolios by launching new product line-ups regularly.

Orthopedic Veterinary Implants Market Industry Report Scope

Attribute Details

Forecast Period

2022-2026

Historical Data Available for

2013-2021

Market Analysis

US$ Mn/Bn for Value

Key Regions Covered

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

Key Countries Covered

  • U.S.
  • Canada
  • Germany
  • Italy
  • France
  • U.K.
  • Spain
  • Russia
  • India
  • China
  • Japan
  • UAE
  • Australia

Key Market Segments Covered

By Product

Key Companies Profiled

  • Vet Implants
  • scil animal care company GmbH
  • KYON Pharma, Inc.
  • Everost Inc.
  • BioMedtrix, LLC
  • Integra LifeSciences
  • RITA LEIBINGER MEDICAL GmbH & Co. KG
  • B. Braun Melsungen AG
  • DePuy Synthes (Sub. Johnson & Johnson Services, Inc.)
  • Intrauma S.p.A.
  • Surgical Holdings
  • Ortho Max Manufacturing Company Pvt. Ltd.
  • Novartis AG

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Orthopedic Veterinary Implants Market Categorization

Orthopedic Veterinary Implants Market by By Product type

  • Total Knee Replacement
  • Total Hip Replacement
  • Trauma Fixations
  • Tibial Tuberosity Advancement Implants
  • Tibial Plateau Leveling Osteotomy Implants
  • Advanced Locking Plate System
  • Total Elbow Replacement

Orthopedic Veterinary Implants Market By End User

  • Veterinary Hospitals
  • Veterinary Clinics

Orthopedic Veterinary Implants Market by Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa (MEA)

- Companies Covered in This Report -

  • Vet Implants
  • scil animal care company GmbH
  • KYON Pharma, Inc.
  • Everost Inc.
  • BioMedtrix, LLC
  • Integra LifeSciences
  • RITA LEIBINGER MEDICAL GmbH & Co. KG
  • B. Braun Melsungen AG
  • DePuy Synthes (Sub. Johnson & Johnson Services, Inc.)
  • Intrauma S.p.A.
  • Surgical Holdings
  • Ortho Max Manufacturing Company Pvt. Ltd. Novartis AG

- Frequently Asked Questions -

In 2022, the Orthopedic Veterinary Implants Market stands at USD 2,504.7 million, and it is expected to reach USD 3,539 million by 2026 at a CAGR of 9%.

Orthopedic Veterinary Implants Market exhibited a 7.8% CAGR between 2013 and 2021.

High cost of the Orthopedic Veterinary Implants is the key restraint in the Orthopedic Veterinary Implants Market.

Increased prevalence of orthopedic problems and an increase in the awareness about pet care and animal care are the key factors driving the growth of the market.

Vet Implants, KYON Pharma Inc., Everost Inc., BioMedtrix, LLC, and Integra LifeSciences, are among the top players in the market.

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