Product Code: 138673-08-22
Industry Outlook
Veterinary orthopedic implants market accounted for projected to grow at a CAGR of 7.0% during the forecast period from 2022 to 2030. Veterinary healthcare market has grown rapidly in the last decade and is expected to maintain its significant pace in the near future. The major factors responsible for this growth is the rising trend of petting animals in developed as well as developing countries, and high awareness related to veterinary surgeries & trauma care in developed countries. Veterinary orthopedic implants are specifically used in case of a chronic injury that caused the fracture, most of the times this injury is caused due to road accidents, sports accidents, and physical abuse from humans.
Bioabsorbable plates expected to increase the market growth of veterinary orthopedic market and reduce the market share of metal plates
During the forecast period from 2022 to 2030, plates accounted for the largest market share in the overall veterinary orthopedic implants market due to key market drivers assisting the market growth such as the rising prevalence of orthopedic injuries and diseases in pets, and market entry of bioabsorbable plates expected to increase its adoption over metal plates. The Xorption TTA is a bioabsorbable implant manufactured by EVEROST, Inc. that possess good biocompatibility results. Thus, such products are frequently being launch in the market and anticipated to assist the overall growth of veterinary orthopedic implants.
Increasing trend of petting animals in Asia Pacific and high awareness related to veterinary healthcare in pet owners will assist the significant market growth
The Asia Pacific is the fastest growing veterinary orthopedic implants market due to key driving factors such as increasing humanization of pets in developing & developed countries, increasing adoption of pets coupled with high awareness related to pet healthcare, and supportive activities carried out by government and non-government animal healthcare organizations. China is currently the largest market for pet healthcare and according to the National Bureau of Statistics of China records that it ranks third globally for dog ownership around 27.4 million pet dogs, while U.S. (55.3 million) tops the list and Brazil (35.7 million) owns the second position. Thus, the overall animal healthcare market is growing significantly and due to the rising prevalence of injuries and diseases, most of the animals are at high risk due to which veterinary orthopedic implants market will maintain its growth throughout the forecast period.
This report also covers qualitative information related to veterinary orthopedic implants market segments along with key market trends, market drivers, opportunities, and restraints, to attain the actual understanding of global veterinary orthopedic implants market. Furthermore, the key companies investigated in this study based on major market attributes such as business strength, product portfolio, and the latest market strategies. The report also provides an attractive investment proposition for the detailed geographical research carried out based on PESTEL analysis. Major companies profiled in the report comprise DePuy Synthes, Rita Leibinger GmbH & Co. KG, Everost Inc., MWI Veterinary Supply Co., GPC Medical Ltd., B. Braun Vet Care GmbH, Integra LifeSciences, and BioMedtrix, LLC among others.
Historical & Forecast Period
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Veterinary Orthopedic Implants market are as follows:
- Research and development budgets of manufacturers and government spending
- Revenues of key companies in the market segment
- Number of end users and consumption volume, price and value.
Geographical revenues generate by countries considered in the report:
Micro and macro environment factors that are currently influencing the Veterinary Orthopedic Implants market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
Market Segmentation
Product
- Plates
- Compression Plates
- L - Plates
- T - Plates
- Arthrodesis Plates
- Acetabulum Plates
- Bending Iron
- Others
Region Segment (2020-2030; US$ Million)
- North America
- U.S.
- Canada
- Rest of North America
- UK and European Union
- UK
- Germany
- Spain
- Italy
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- GCC
- Africa
- Rest of Middle East and Africa
Global Impact of COVID-19 Segment (2020-2021; US$ Million )
- Pre COVID-19 situation
- Post COVID-19 situation
Key questions answered in this report:
- What are the key micro and macro environmental factors that are impacting the growth of Veterinary Orthopedic Implants market?
- What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
- Estimated forecast and market projections up to 2030.
- Which segment accounts for the fastest CAGR during the forecast period?
- Which market segment holds a larger market share and why?
- Are low and middle-income economies investing in the Veterinary Orthopedic Implants market?
- Which is the largest regional market for Veterinary Orthopedic Implants market?
- What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
- Which are the key trends driving Veterinary Orthopedic Implants market growth?
- Who are the key competitors and what are their key strategies to enhance their market presence in the Veterinary Orthopedic Implants market worldwide?
Table of Contents
1. Preface
- 1.1. Report Description
- 1.1.1. Purpose of the Report
- 1.1.2. Target Audience
- 1.1.3. Key Offerings
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.3.1. Phase I - Secondary Research
- 1.3.2. Phase II - Primary Research
- 1.3.3. Phase III - Expert Panel Review
- 1.3.4. Assumptions
- 1.3.5. Approach Adopted
2. Executive Summary
- 2.1. Market Snapshot: Global Veterinary Orthopedic Implants Market
- 2.2. Global Veterinary Orthopedic Implants Market, By Product, 2021 (US$ Million)
- 2.3. Global Veterinary Orthopedic Implants Market, By Geography, 2021 (US$ Million)
- 2.4. Impact of Covid 19
- 2.5. Attractive Investment Proposition by Geography, 2021
- 2.6. Competitive Analysis
- 2.6.1. Market Positioning of Key Veterinary Orthopedic Implants Market Vendors
- 2.6.2. Strategies Adopted by Veterinary Orthopedic Implants Market Vendors
- 2.6.3. Key Industry Strategies
3. Veterinary Orthopedic Implants Market: Business Outlook & Market Dynamics
- 3.1. Introduction
- 3.2. Global Veterinary Orthopedic Implants Market Value, 2020 - 2030, (US$ Million)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers
- 3.3.2. Market Restraints
- 3.3.3. Key Challenges
- 3.3.4. Key Opportunities
- 3.4. Impact Analysis of Drivers and Restraints
- 3.5. See-Saw Analysis
- 3.6. Porter's Five Force Model
- 3.6.1. Supplier Power
- 3.6.2. Buyer Power
- 3.6.3. Threat Of Substitutes
- 3.6.4. Threat Of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTEL Analysis
- 3.7.1. Political Landscape
- 3.7.2. Economic Landscape
- 3.7.3. Technology Landscape
- 3.7.4. Legal Landscape
- 3.7.5. Social Landscape
4. Veterinary Orthopedic Implants Market: By Product, 2020-2030, USD (Million)
- 4.1. Market Overview
- 4.2. Growth & Revenue Analysis: 2021 Versus 2030
- 4.3. Market Segmentation
- 4.3.1. Plates
- 4.3.1.1. Compression Plates
- 4.3.1.2. L - Plates
- 4.3.1.3. T - Plates
- 4.3.1.4. Arthrodesis Plates
- 4.3.1.5. Acetabulum Plates
- 4.3.1.6. Bending Iron
- 4.3.1.7. Others
- 4.3.2. Screws
- 4.3.3. Pins & Wires
- 4.3.4. Jigs
5. North America Veterinary Orthopedic Implants Market, 2020-2030, USD (Million)
- 5.1. Market Overview
- 5.2. Veterinary Orthopedic Implants Market: By Product, 2020-2030, USD (Million)
- 5.3.Veterinary Orthopedic Implants Market: By Region, 2020-2030, USD (Million)
- 5.3.1.North America
- 5.3.1.1. U.S.
- 5.3.1.2. Canada
- 5.3.1.3. Rest of North America
6. UK and European Union Veterinary Orthopedic Implants Market, 2020-2030, USD (Million)
- 6.1. Market Overview
- 6.2. Veterinary Orthopedic Implants Market: By Product, 2020-2030, USD (Million)
- 6.3.Veterinary Orthopedic Implants Market: By Region, 2020-2030, USD (Million)
- 6.3.1.UK and European Union
- 6.3.1.1. UK
- 6.3.1.2. Germany
- 6.3.1.3. Spain
- 6.3.1.4. Italy
- 6.3.1.5. France
- 6.3.1.6. Rest of Europe
7. Asia Pacific Veterinary Orthopedic Implants Market, 2020-2030, USD (Million)
- 7.1. Market Overview
- 7.2. Veterinary Orthopedic Implants Market: By Product, 2020-2030, USD (Million)
- 7.3.Veterinary Orthopedic Implants Market: By Region, 2020-2030, USD (Million)
- 7.3.1.Asia Pacific
- 7.3.1.1. China
- 7.3.1.2. Japan
- 7.3.1.3. India
- 7.3.1.4. Australia
- 7.3.1.5. South Korea
- 7.3.1.6. Rest of Asia Pacific
8. Latin America Veterinary Orthopedic Implants Market, 2020-2030, USD (Million)
- 8.1. Market Overview
- 8.2. Veterinary Orthopedic Implants Market: By Product, 2020-2030, USD (Million)
- 8.3.Veterinary Orthopedic Implants Market: By Region, 2020-2030, USD (Million)
- 8.3.1.Latin America
- 8.3.1.1. Brazil
- 8.3.1.2. Mexico
- 8.3.1.3. Rest of Latin America
9. Middle East and Africa Veterinary Orthopedic Implants Market, 2020-2030, USD (Million)
- 9.1. Market Overview
- 9.2. Veterinary Orthopedic Implants Market: By Product, 2020-2030, USD (Million)
- 9.3.Veterinary Orthopedic Implants Market: By Region, 2020-2030, USD (Million)
- 9.3.1.Middle East and Africa
- 9.3.1.1. GCC
- 9.3.1.2. Africa
- 9.3.1.3. Rest of Middle East and Africa
10. Company Profile
- 10.1. MWI Veterinary Supply Co.
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Portfolio
- 10.1.4. Strategic Initiatives
- 10.2. DePuy Synthes
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Portfolio
- 10.2.4. Strategic Initiatives
- 10.3. GPC Medical Ltd.
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Portfolio
- 10.3.4. Strategic Initiatives
- 10.4. Rita Leibinger GmbH & Co. KG
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Portfolio
- 10.4.4. Strategic Initiatives
- 10.5. B. Braun Vet Care GmbH
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Portfolio
- 10.5.4. Strategic Initiatives
- 10.6. Scil animal care
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Portfolio
- 10.6.4. Strategic Initiatives
- 10.7. IMEX Veterinary
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Portfolio
- 10.7.4. Strategic Initiatives
- 10.8. Orthomed UK
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Portfolio
- 10.8.4. Strategic Initiatives
- 10.9. Sophiatech
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Portfolio
- 10.9.4. Strategic Initiatives
- 10.10. INNOPLANT Medizintechnik
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Portfolio
- 10.10.4. Strategic Initiatives
- 10.11. BioMedtrix
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Portfolio
- 10.11.4. Strategic Initiatives