The global market for Orthopedic Veterinary Implants is estimated at US$139.4 Million in 2023 and is projected to reach US$219.0 Million by 2030, growing at a CAGR of 6.7% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the orthopedic veterinary implants market is driven by several factors. Firstly, the increasing prevalence of pet ownership, particularly in developed countries, has led to a higher demand for advanced veterinary care, including orthopedic solutions. As pets are increasingly regarded as family members, there is a greater willingness among owners to invest in high-quality medical treatments. Secondly, advancements in veterinary medicine and surgery have made it possible to perform complex orthopedic procedures with higher success rates, encouraging more veterinarians to adopt these technologies. Thirdly, the rising incidence of orthopedic conditions in animals, due to factors such as aging pet populations and lifestyle changes, has increased the need for effective treatments. Additionally, the availability of pet insurance has made expensive treatments more accessible to a broader range of pet owners. Finally, ongoing research and development efforts continue to introduce innovative products to the market, enhancing the effectiveness and safety of orthopedic implants. These factors collectively highlight the dynamic and rapidly expanding nature of the orthopedic veterinary implants market.
The growth in the orthopedic veterinary implants market is driven by several factors. Firstly, the increasing prevalence of pet ownership, particularly in developed countries, has led to a higher demand for advanced veterinary care, including orthopedic solutions. As pets are increasingly regarded as family members, there is a greater willingness among owners to invest in high-quality medical treatments. Secondly, advancements in veterinary medicine and surgery have made it possible to perform complex orthopedic procedures with higher success rates, encouraging more veterinarians to adopt these technologies. Thirdly, the rising incidence of orthopedic conditions in animals, due to factors such as aging pet populations and lifestyle changes, has increased the need for effective treatments. Additionally, the availability of pet insurance has made expensive treatments more accessible to a broader range of pet owners. Finally, ongoing research and development efforts continue to introduce innovative products to the market, enhancing the effectiveness and safety of orthopedic implants. These factors collectively highlight the dynamic and rapidly expanding nature of the orthopedic veterinary implants market.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Veterinary Bone Plates segment, which is expected to reach US$86.4 Million by 2030 with a CAGR of a 6.9%. The Screws segment is also set to grow at 6.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $42.9 Million in 2023, and China, forecasted to grow at an impressive 8.2% CAGR to reach $20.0 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Orthopedic Veterinary Implants Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Orthopedic Veterinary Implants Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Orthopedic Veterinary Implants Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Johnson & Johnson Services, Inc., B. Braun Melsungen AG, Narang Medical Ltd., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 31 Featured):
- Johnson & Johnson Services, Inc.
- B. Braun Melsungen AG
- Narang Medical Ltd.
- AmerisourceBergen Corporation
- B. Braun Vet Care GmbH
- Orthomed
- Surgical Holdings
- Intrauma S.p.A.
- Fusion Implants
- Jindal Medi Surge
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned
- Johnson & Johnson Services, Inc.
- B. Braun Melsungen AG
- Narang Medical Ltd.
- AmerisourceBergen Corporation
- B. Braun Vet Care GmbH
- Orthomed
- Surgical Holdings
- Intrauma S.p.A.
- Fusion Implants
- Jindal Medi Surge
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 198 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 139.4 Million |
| Forecasted Market Value ( USD | $ 219 Million |
| Compound Annual Growth Rate | 6.7% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
