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Canine Orthopedics Market Demand, Growth Analysis Forecast 2022-2028

09-20-2022 10:12 AM CET | Health & Medicine

Press release from: Precision Business Insights

Canine Orthopedics Market Demand, Growth Analysis Forecast

According to Precision Business Insights (PBI), the latest report, the market value of the canine orthopedics market is expected to be valued at USD 248.5 million in 2022 which is expected to grow at a CAGR of 8.8% over 2022-2028. The primary factors that drive the market are increasing ownership of pet dogs, the presence of key players, increasing acceptance of dog insurance policies, and increasing number of orthopedic surgeries.

View the detailed report description here - https://precisionbusinessinsights.com/market-reports/canine-orthopedics-market/

Implant to Dominate the Canine Orthopedics Market:
Based on product type, the implant holds the highest market share. The major factor for the rise of this segment is the increasing prevalence of orthopedic problems in pet animals. Implants are of various types such as plates, screws, and others. Increasing cases of fractures in juvenile pets can drive the growth of the global canine orthopedics market. Apart from this, traumas and cruciform ligament repairs are some of the common processes that require implants which can also drive the growth of the market.

North America Canine Orthopedics Market:
North America, followed by Europe, leads the global canine orthopedics market due to the increasing prevalence of obesity in pets. North America leads the global market due to entrenched healthcare infrastructure for pets, increasing funding from public and private sectors, and rising collaborations among global key players have contributed to increasing the sales of canine orthopedics in this region. Apart from this, the major factor that drives the market in this region are increased disorders in pets such as joint and hip problems which require immediate implants.

Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players:
The global Canine Orthopedics market further reveals that the key players are implementing strategies such as the extension of product collection through research and development activities, product launches, acquisitions, mergers, and strategic alliances to improve their market position and strengthen the market revenue share. In january 2022, Movora launched a new distribution centre in US for distribution of products including orthopedic implants. In June 2022, TheraVet launched BIOCERA-VET Product which is used to manage osteoarticular disease in pets.

Request sample report at https://precisionbusinessinsights.com/request-sample?product_id=60221

The canine orthopaedics market is segmented based on, product type, application, end users, and region.
Based on the product type, the market is segmented into the following:
• Instruments
• Implants
• Plates
• Screws
• Other

Based on the application type, the market is segmented into the following:
• TPLO
• TTA
• Joint Replacement
• Trauma
• Others

Based on the end users, the market is segmented into the following:
• Hospitals & Clinics
• Other

Based on the region, the market is segmented into the following:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Request Methodology: https://precisionbusinessinsights.com/request-methodology?product_id=60221

Key players' profiles in the Canine Orthopedics market report are B. Braun Melsungen AG, Movora, STERIS, DePuy Synthes (Johnson & Johnson), AmerisourceBergen Corporation, Arthrex, Inc., Orthomed (UK) Ltd (Infiniti Medical), Veterinary Instrumentation, Fusion Implants, and Narang Medical Limited.

Contact:
Mr. Satya
Precision Business InsightsTM | Toll Free: +1 866 598 1553
Email: sales@precisionbusinessinsights.com
Kemp House, 152 - 160 City Road, London EC1V 2NX
Web: https://precisionbusinessinsights.com/ | D U N S® Number: 852781747

About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers. Precision Business Insights offers a variety of cost-effective and customized research services to meet research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.

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