Press release
Veterinary Orthopedics Market Analysis Growth Factors and Competitive Outlook through 2024-2031 | B. Braun Melsungen AG, Movora, TruemedVet.
The Global Veterinary Orthopedics Market reached USD 505.3 million in 2022 and is projected to witness lucrative growth by reaching up to USD 885.1 million by 2030. The global veterinary orthopedics market is expected to exhibit a CAGR of 7.4% during the forecast period (2024-2031).Veterinary Orthopedics Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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The Veterinary Orthopedics Market focuses on surgical implants, devices, and treatments for bone, joint, and musculoskeletal disorders in animals. It includes fracture repair, joint replacements, and trauma management for pets and livestock. Market growth is driven by increasing pet ownership, advancements in veterinary surgical techniques, and rising demand for high-quality animal healthcare solutions.
List of the Key Players in the Veterinary Orthopedics Market:
B. Braun Melsungen AG, Movora, TruemedVet, Veterinary Instrumentation (Henry Schein), Securos Surgical (AmerisourceBergen Corporation), Orthomed (UK) Ltd, Arthrex, Inc., Integra LifeSciences, GerVetUSA, and DePuy Synthes VET among others.
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Industry Development:
In September 2022, TheraVet, a leading company specializing in the treatment of osteoarticular diseases in animals, signed an exclusive distribution agreement with Invictos Orthopaedics LLC. This North American firm focuses on developing and selling veterinary orthopedic products and medical equipment, strengthening TheraVet's presence in the region and expanding access to its innovative treatments.
Growth Forecast Projected:
The Global Veterinary Orthopedics Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Veterinary Orthopedics Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Veterinary Orthopedics Market:
By Product Type: Instruments, Implants, Screws, Others.
By Application: Total Knee Replacement, Total Elbow Replacement, Total Hip Replacement, TPLO, TTA, Lateral Fixation, Others.
By End User: Veterinary Hospitals, Veterinary Clinics, Academic and Research Institutions.
Regional Analysis for Veterinary Orthopedics Market:
The regional analysis of the Veterinary Orthopedics Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Veterinary Orthopedics market?
➠ Who are the leading manufacturers in the global Veterinary Orthopedics industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Veterinary Orthopedics industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Veterinary Orthopedics market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
Browse More Reports: https://www.datamintelligence.com/research-report/veterinary-orthopedics-market
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