Veterinary Orthopedics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Veterinary Orthopedic Implants Market and the market is Segmented By Type (Implants, Instruments, Screws), By Application and Geography. The market provides the value (in USD million) for the above-mentioned segments.

Veterinary Orthopedics Market Size

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veterinary orthopedics market overview
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
CAGR 7.50 %
Fastest Growing Market Asia Pacific
Largest Market North America

Major Players

veterinary orthopedics market

*Disclaimer: Major Players sorted in no particular order

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Veterinary Orthopedics Market Analysis

The Veterinary Orthopedics market is expected to register a CAGR of 7.5% during the forecast period. This is attributing to the rising number of pet owners & veterinary practitioners, a growing number of government initiatives, increasing incidence of obesity. In addition, increasing the number of animal hospitals and rising demand for effective animal care will also contribute to the revenue growth of the market. As per the American Veterinary Medical Association, in 2017 pet owners in the United States spends around 15 billion on veterinary surgeries and it also said that number of veterinarians has increased from the past years. Moreover, sports activities conducted for pets in the United States will also have a high chance of injuries thus results in promoting the growth of the market. Furthermore, with the growing adoption of pets, technological advancements in veterinary orthopedic devices and increasing government initiatives associated with animals will also fuel the veterinary orthopedics market.

Veterinary Orthopedics Market Trends

This section covers the major market trends shaping the Veterinary Orthopedics Market according to our research experts:

Implants segment in Veterinary Orthopedics market is Estimated to Witness a Healthy Growth in Future.

Implants are estimated to witness healthy growth in the future attributed to an increasing number of cases with musculoskeletal injuries or orthopedic in animals. Some of the disorders such as cruciate ligament tears and hip and elbow dysplasia are common and results in need of surgeries which will further promote the growth of implants. Moreover increasing incidences of obesity in animals will also result in high chances of osteoarthritis which further promotes the growth of veterinary orthopedics surgeries. The growing demand of surgeries is the major factor for the segment growth. Furthermore, , an increasing number of companion animals and the rising numbers of animal racing competition is also a key driving factor for veterinary orthopedics implant growth.

pet orthopedics

North America is Expected to Hold a Significant Share in the Market and Expected to do Same in the Forecast Period

North America is expected to hold a significant market share in the global Veterinary Orthopedics market due to increasing pet care expenditure, rising incidences of obesity, technological advancements, presence of major animal players and rising government initiatives. As per the Association for Pet Obesity Prevention (APOP), a report is published, 2017 wherein 56% of dogs and 59 % of cats are found to be obese in the United States. These disorders have a high risk of joint diseases, cancer and chronic diseases which will be leading to propel the growth of the veterinary orthopedics market in this region. Furthermore, increasing healthcare expenditure and the presence of well-established healthcare infrastructure is also fueling the growth of the overall regional market to a large extent.

veterinary orthopedics market growth by region

Veterinary Orthopedics Industry Overview

The Veterinary Orthopedics market is fragmented competitive and consists of several major players. Some of the companies which are currently dominating the market are BioMedtrix, LLC , Veterinary Orthopedic Implants, KYON PHARMA, INC., B. Braun Melsungen AG, EVEROST INC, Integra lifesciences, GerMedUSA, and Johnson & Johnson

Veterinary Orthopedics Market Leaders

  1. BioMedtrix, LLC

  2. Veterinary Orthopedic Implants

  3. KYON PHARMA, INC.

  4. B. Braun Melsungen AG

  5. Integra lifesciences

*Disclaimer: Major Players sorted in no particular order

BioMedtrix, LLC, Veterinary Orthopedic Implants, KYON PHARMA, INC., B. Braun Melsungen AG, EVEROST INC,  Integra lifesciences,  GerMedUSA, Johnson & Johnson
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Veterinary Orthopedics Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising Number of Pet Owners & Veterinary Practitioners
    • 4.2.2 Growing Number of Government Initiatives
    • 4.2.3 Increasing Incidence of Obesity
  • 4.3 Market Restraints
    • 4.3.1 High Surgery and Pet Care Cost
  • 4.4 Porter's Five Force Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 By Type
    • 5.1.1 Implants
    • 5.1.2 Instruments
    • 5.1.3 Screws
    • 5.1.4 Others
  • 5.2 By Application
    • 5.2.1 Total hip replacement
    • 5.2.2 Total knee replacement
    • 5.2.3 Total elbow replacement
    • 5.2.4 Trauma fixation
    • 5.2.5 Others
  • 5.3 Geography
    • 5.3.1 North America
    • 5.3.1.1 United States
    • 5.3.1.2 Canada
    • 5.3.1.3 Mexico
    • 5.3.2 Europe
    • 5.3.2.1 Germany
    • 5.3.2.2 United Kingdom
    • 5.3.2.3 France
    • 5.3.2.4 Italy
    • 5.3.2.5 Spain
    • 5.3.2.6 Rest of Europe
    • 5.3.3 Asia-Pacific
    • 5.3.3.1 China
    • 5.3.3.2 Japan
    • 5.3.3.3 India
    • 5.3.3.4 Australia
    • 5.3.3.5 South Korea
    • 5.3.3.6 Rest of Asia-Pacific
    • 5.3.4 Middle-East and Africa
    • 5.3.4.1 GCC
    • 5.3.4.2 South Africa
    • 5.3.4.3 Rest of Middle-East and Africa
    • 5.3.5 South America
    • 5.3.5.1 Brazil
    • 5.3.5.2 Argentina
    • 5.3.5.3 Rest of South America

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 BioMedtrix, LLC
    • 6.1.2 Veterinary Orthopedic Implants
    • 6.1.3 KYON PHARMA, INC.
    • 6.1.4 B. Braun Melsungen AG
    • 6.1.5 EVEROST INC
    • 6.1.6 Integra lifesciences
    • 6.1.7 GerMedUSA
    • 6.1.8 Johnson & Johnson
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

Competitive Landscape covers- Business Overview, Financials, Products and Strategies, and Recent Developments
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Veterinary Orthopedics Industry Segmentation

As per the scope, Veterinary Orthopedics deals with the diseases and injuries related to bones, joints, ligaments, tendons and others. The veterinary Orthopedics market is Segmented By Type, End-User and Geography.

By Type Implants
Instruments
Screws
Others
By Application Total hip replacement
Total knee replacement
Total elbow replacement
Trauma fixation
Others
Geography North America United States
Canada
Mexico
Geography Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Geography Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Geography Middle-East and Africa GCC
South Africa
Rest of Middle-East and Africa
Geography South America Brazil
Argentina
Rest of South America
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Veterinary Orthopedics Market Research FAQs

The Veterinary Orthopedics Market is projected to register a CAGR of 7.5% during the forecast period (2024-2029)

BioMedtrix, LLC, Veterinary Orthopedic Implants, KYON PHARMA, INC., B. Braun Melsungen AG and Integra lifesciences are the major companies operating in the Veterinary Orthopedics Market.

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).

In 2024, the North America accounts for the largest market share in Veterinary Orthopedics Market.

The report covers the Veterinary Orthopedics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Veterinary Orthopedics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Veterinary Orthopedics Industry Report

Statistics for the 2024 Veterinary Orthopedics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Veterinary Orthopedics analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Veterinary Orthopedics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)