Veterinary Rehabilitation Services : Outlook , Current Scenario, Market Dynamics, Size Share, Prominent Players, Regional Study and Segmentations Forecast By 2031
During the forecast period of 2024-2031, the Global Veterinary Rehabilitation Services Market Size is expected to increase from USD 889.44 million in 2023 to USD 2,239.71 million by 2031, with a compound annual growth rate (CAGR) of 12.43%.Request for Sample Pages @ https://www.insightaceanalytic.com/request-sample/1566
Chronic illnesses or injuries that have impacted your companion for an extended period are addressed by a veterinarian specialising in rehabilitation. This includes acute injuries that necessitate immediate medical attention. Rehabilitation is essential for expediting recovery following orthopaedic and neurological surgeries. Digital monitoring and surveillance enhancements rapidly alter the zoonotic disease landscape, enhancing efficiency and speed. Technologies that utilize electronic components The significance of sustainable building designs and products, such as brilliant tagging, sensor systems, and remote monitoring surveillance, is increasing. There is a growing need to develop new parasiticides, including mRNA parasite vaccines, oral parasiticides, green parasiticides, and other parasite control strategies, as temperatures rise as a result of global warming and parasites are able to thrive in new regions.
Furthermore, the market outlook is being improved by a substantial rise in the number of livestock that are experiencing neuropathic, gastrointestinal, and cancer-related pain. The market is anticipated to expand as a result of the widespread use of pet insurance services and the increasing prevalence of inflammation- and pain-causing disorders in domesticated animals.
List of Prominent Players in the Veterinary Rehabilitation Services Market:
• Animal Acupuncture and Rehabilitation Center
• BARC
• Triangle Veterinary Referral Hospital
• Treasure Coast Animal Rehab & Fitness
• Animal Rehab Center of Michigan
• Blue Springs Animal Rehabilitation Center
• Essex Animal Hospital
• Back on Track Veterinary Rehabilitation Center LLC
• Butterwick animal rehab clinic Ltd
• Animal Rehab and Conditioning Center
Market Dynamics:
Drivers-
The economy's expansion is primarily driven by the increasing prevalence of musculoskeletal and orthopaedic disorders in animals, pet humanization trends, and the increasing public awareness of the benefits of non-invasive, narcotic physical rehabilitation as a treatment method for animals among pet owners. Due to the surge in the incidence of inflammatory and tormenting illnesses in domesticated animals, there is a growing demand for pet insurance services. The market's expansion is anticipated to be influenced by these and other factors. Additionally, a substantial number of elderly veterinary patients with movement disorders may be at risk of mortality. As mobility is associated with the quality of life and the time until mortality, it is imperative to improve the functional movement of elderly canines.
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Challenges:
The market for veterinary rehabilitation services has been significantly affected by the COVID-19 pandemic. The adverse effect was primarily attributable to the declaration of lockdowns in numerous nations, which resulted in the closure of facilities and the restricted availability of veterinary treatment. Additionally, a lack of public awareness hinders the market's expansion. The market has experienced a gradual expansion due to the government's and nonprofit organizations' diminished support-and lack of awareness regarding the accessibility of veterinary orthotics and prosthetics. Inappropriate equipment utilization, which is exacerbated by a scarcity of qualified specialists, may also impede the sale of veterinary orthotics and prosthetics.
Regional Trends:
The revenue share of the North American veterinary rehabilitation services market is anticipated to be the most robust, as numerous veterinary rehabilitation facilities are located in this region. Pet owners are increasingly cognizant of the availability of physical rehabilitation services, and the costs of pet ownership and veterinary care are increasing. Additionally, there is an increase in the number of therapies available. An additional factor promoting market expansion is the increasing number of veterinary facilities that offer rehabilitation services and are staffed by qualified and licensed veterinarians. In addition, the Asia Pacific region captured a significant portion of the veterinary rehabilitation services market. This can be attributed to the increasing knowledge of pet rehabilitation programs, the growing spending on veterinary care, and the increasing disposable income of developing nations in main markets. The market is expanding due to the growing demand for pet humanization in developing nations such as India and the urgent need for prompt and appropriate rehabilitation for companion animals to alleviate their painful maladies.
Recent Developments:
• In April 2022, Animal Orthocare announced that it would begin selling fit paws, a product line from the Paw Prosper family of enterprises that specializes in high-end canine rehabilitation and training gear.
• In June 2022, Walkin' Pets, a company owned by HandicappedPets.com, announced the establishment of a new ortho branch. Walkin' Pets braces are currently available in four primary varieties: knee (stifle brace), elbow brace, carpal brace, and hock (tarsal) brace.
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Segmentation of Veterinary Rehabilitation Services Market-
By Animal Type
• Production Animals
• Companion Animals
• Wildlife Animals
By Therapy Type
• Manual Therapy
• Hydrotherapy
• Hot & Cold Therapies
• Electro Therapies
• Therapeutic Exercises
• Acupuncture
• Shockwave Therapy
• Other Therapies
By Indication
• Acute & Chronic Diseases
• Developmental Abnormality
• Post-Surgery
• Traumatic Injuries
• Other Indications
By End-use
• Rehab Sanctuary
• Rescue & Shelter Homes
• Veterinary Rehab Centers & Hospitals
• Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis of key market insights in a timely and cost-effective manner.
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