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Veterinary Orthopedics Market Trends and Forecast 2022-28

11-25-2022 08:35 AM CET | Health & Medicine

Press release from: Precision Business Insights

Veterinary Orthopedics Market Trends and Forecast 2022-28

The global veterinary orthopedics market size was valued at USD 426.13 million in 2021 and is poised to grow at a significant CAGR of 7.4% during the forecast period 2022-2028. Orthopedics influences the joint capsule, muscle, ligament, cartilage, and tendon as well as the skeleton and joints. Orthopedists in the veterinary field specialise in treating conditions that affect the bones, joints, tendons, ligaments, etc. Global Veterinary Orthopedics is seeing potential grow as a result of effective animal care. Veterinary professionals are finding new opportunities thanks to the increase in animal clinics and pet care facilities. The factors that propel the growth of the global veterinary orthopaedics market include growing interest in pet protection, the availability of veterinary services for animals, and an increase in the prevalence of pet obesity.

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The high need for animal monitoring and treatment is motivating businesses to seize new chances and grow this sector. Growing pet adoption will boost the market and economic growth, provide chances for mergers and acquisitions and global expansion, generate higher sales and revenue, lead to the opening of additional veterinary hospitals and clinics, and better animal life standards. Furthermore, the growing number of pets is driving up demand for Veterinary Orthopedics, which is anticipated to drive up market growth. The demand for veterinary healthcare, rising illness risk, and animal obesity are some of the main drivers of market expansion, necessitating the same. The government is undertaking numerous programs to promote and support these kinds of markets, thus there are also numerous chances for veterinary orthopedics. The high cost of procedures and pet care, the introduction of advanced veterinary orthopaedic implants, and the scarcity of veterinary practitioners, on the other hand, may hinder the market's rate of expansion.

The Veterinary Orthopedics Market Segmentation:
The global veterinary orthopedics market on the basis of Type, the market is segregated into Instruments, Implants, Pins, and Wires, Screws, Others. On the basis of end users, the market is categorized into Veterinary Hospitals, Veterinary Clinics, and Others.

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The Veterinary Orthopedics Market Regional Analysis:
The market for veterinary orthopedic is dominated by North America because of rising healthcare costs and a growing number of households with pets. As a result of the rising number of veterinary hospitals in the area, Asia-Pacific is anticipated to develop at the highest growth rate throughout the forecast period.

Key players' profiles in the veterinary orthopedics market report are BioMedtrix LLC, B.Braun Vet Care, Bluesao, DePuy Synthes Vet, IMEX Veterinary Inc., KYON Pharma Inc., Securos Surgical,Orthomed Ltd, MWI Veterinary Supply Co.

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Mr. Satya
Precision Business Insights | 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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