Veterinary Orthopedic Implants Market is Booming Worldwide with Kyon Pharma, Veterinary Orthopaedics., BioMedtrix, LLC

Launches of novel veterinary orthopedic implants is expected to drive the global veterinary orthopedic implants market growth over the forecast period. For instance, in February 2019, Orthomed (UK) Ltd launched a medium size Modified Maquet Procedure (MMP) OrthoFoam wedge. The medium sized MMP wedge is 30 mm long and gives an advancement of 7.5 mm, which is appropriate for typical Springers, Staffies, and similar sized dogs.

In June 2018, Veterinary Orthopedic Implants, Inc. launched its new the Elite tibia-plateau-leveling osteotomy (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.

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Furthermore, increasing trend of petting an animal in key regions and high prevalence of orthopedic problems in them is expected rise the demand for orthopedic implants and significantly support global veterinary orthopedic implants market growth. For instance, according to the National Pet Owners Survey conducted by the American Pet Products Association (APPA) in 2017-2018, over 85 million or 60- 80% of the U.S. families, own a pet.

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.

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. Veterinary medical devices are not as strictly regulated as medical devices used for human. In U.S. Pre-market approval is not required and FDA does not require submission of a 510(k), PMA or any pre-market approval for devices used in veterinary medicine.

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Detailed Segmentation:

Global Veterinary Orthopedic Implants Market, By Implants Type:
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
Advanced Locking Plate System (ALPS)
Trauma Fixations
Plates
Screws
Wires
Others
Global Veterinary Orthopedic Implants Market, By Animal Type:
Dogs
Cats
Others
Global Veterinary Orthopedic Implants Market, By End User:
Veterinary Hospitals
Veterinary Clinics

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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