Veterinary Orthopedic Implants Market 2020 Future Trends, Dynamic Growth & Forecast To 2028


Posted April 28, 2020 by sushma1234

Orthopedic Veterinary Implants Market Value at Expected to Reach USD 95 Million by 2018| CAGR 6.8%

 
The Global Veterinary Orthopedic Implants Market is expected to reach USD 95 million in 2018 and expected to grow at a CAGR of 6.8% during the forecast period. According to the Association for Pet Obesity Prevention, 54% of dogs and 59% of cats within the U.S. suffered from overweight or obesity in 2016, which can cause some sort of orthopedic disease in them. Moreover, key players within the market are involved in strategic partnerships and collaborations, so as to expand their presence in a large geographical area. Such factors enhance the expansion of the market.

The veterinary orthopedic implants market is going to witness an upsurge in its business due to various driving factors; the chief factor being the increased number of companion animals including horses & service animals and pet animals. The rise in the animal racing competitions has also boosted the veterinary orthopedic implants market.

Key Factors Impacting the Growth of Veterinary Orthopedic Implants Market:
• A growing number of companion animals.
• The growing fame of animal sports like racing, racing, rodeos, and illegitimate sports.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. MWI Veterinary Supply Co.
2. DePuy Synthes
3. GPC Medical Ltd.
4. Rita Leibinger GmbH & Co. KG
5. B. Braun Vet Care GmbH

The population of companion animals like cats and dogs has witness a rapid increase in the past decade moreover the willingness of the owners to spend on the health of their pets is expected to drive revenue growth of the veterinary orthopedic implants market over the forecast period.

This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of veterinary orthopedic implant.

Regional Outlook:
North America is estimated to be the leading market within the global veterinary orthopedic implants market in 2018. The rising number of households owning companion animals within the U.S. and growing healthcare expenditure on companion animals is predicted to propel the growth of the veterinary orthopedic implants during this region. Europe is estimated to be the second most lucrative marketplace for veterinary orthopedic implants manufacturers.

The Asia Pacific is predicted to witness high growth within the veterinary orthopedic implants market due to a growing number of veterinary hospitals and clinics. Latin America and MEA regions also are expected to witness high revenue growth over the forecast period due to growing public expenditure in veterinary hospitals aimed towards affordable healthcare for livestock.

Market Segmentation:
Based on the Product Type
• Plates
• Screws
• Jigs
• Pins & Wires
• Others

Based on the Application
• Veterinary Hospitals
• Veterinary Clinics

Reasons to Buy This Report:
• Market size estimation of the veterinary orthopedic implants market on a regional and global basis
• Unique research Usage for market size estimation and forecast
• Profiling of major companies operating in the market with key developments
• Broad scope to cover all the possible segments helping every stakeholder in the market

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Issued By Sushma
Country India
Categories Blogging , Health
Tags healthcare , insights , news , outlook , share , size , trends , veterinary orthopedic implants market
Last Updated April 28, 2020