Veterinary Orthopedic Implants Market To Witness Widespread Expansion During 2026 With Top Players Kyon Pharma, Inc., Veterinary Orthopaedics., Narang Medical Limited, BioMedtrix, LLC, Orthomed

Veterinary orthopedic implants are designed to use in the treatment of various orthopedic diseases in animals such as dogs, cats, and horse. There are number veterinary implants available in market for treatment and management of various orthopedic diseases. Some of the common implants includes Total Knee Replacement (TKR) Implants, Total Hip Replacement (THR) Implants, Total Elbow Replacement (TER) Implants, Tibial Tuberosity Advancement (TTA) Implants, Tibial Plateau Leveling Osteotomy (TPLO) Implants, and Advanced Locking Plate System (ALPS). The global veterinary orthopedic implants market size was valued at US$ 250.9 Mn in 2018, and is expected to witness a CAGR of 7.8% during the forecast period (2018–2026).

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Market Dynamics

Launch of novel veterinary orthopedic implants by key players in the market is expected to drive global veterinary orthopedic implants market growth over the forecast period. For instance, in June 2018, Veterinary Orthopedic Implants, Inc. launched its new the Elite TPLO plate. This ideal locking TPLO plate is anatomically contoured to match the proximal tibial surface. New Elite TPLO plate is available in different sizes including: 1.5, 2.0, 2.4, 2.7, 3.5S, 3.5, 3.5B, and 3.5 JUMBO.

In 2012, Integra LifeSciences Holdings Corp launched its the Integra Miltex Veterinary Orthopedic Implant line, which includes plates, screws, lateral suturing products, and instruments that aid in the repair of torn cruciate ligaments and broken or fractured bones in companion animals. Furthermore, increasing trend of adopting pets in key regions and high prevalence of orthopedic diseases in them is expected to increase the demand for veterinary orthopedic implants, which creates a conducive environment for global veterinary orthopedic implants market growth over the forecast period.

Key players are involved in strategic partnership and collaborations to expand their geographical presence

Key players in the market are involved in strategic partnership and collaborations, in order to expand their presence in large geographic area. For instance, in January 2019, BioMedtrix partnered with Laboratorios Macrimasa-Vet as an exclusive distributor of the Universal Hip (including Micro & Nano Hip), TPLO Curve, and I-Loc IM Fixator in Spain. Laboratorios Macrimasa-Vet will provide sales and service to existing BioMedtrix accounts as well as pursue and support new customers.

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Such strategic partnerships by key players to expand access of their products in large areas is expected to increase availability of veterinary orthopedic implants, globally, which is expected to support the market growth.

Key players operating in the global veterinary orthopedic implants market include Kyon Pharma, Inc., Veterinary Orthopaedics., Narang Medical Limited, BioMedtrix, LLC, Orthomed (UK) Ltd, DePuy Synthes (a subsidiary of Johnson & Johnson), Veterinary Instrumentation, Ltd., Veterinary Orthopedic Implants, Medicatechvet, Microsurgery Instruments, Inc., B. Braun Melsungen AG, Königsee Implantate GmbH, Everost Inc., Integra LifeSciences, Intrauma S.p.A., Ortho Max Manufacturing Company Pvt. Ltd., and RITA LEIBINGER MEDICAL GmbH & Co. KG.

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