According to FutureWise analysis the market for Orthopedic Veterinary Implants in 2023 was US$ 0.29 billion, and is expected to reach US$ 0.47 billion by 2031 at a CAGR of 6.10%.
Orthopedic Veterinary Implants Market is speculated to grow positively during the forecast period. Lack of regulation and FDA approvals thus make the market relatively less governed and booming with opportunities and potential. This has encouraged regional players to foray into the market with new innovations. The swift uptake of less expensive substitutes in the global orthopedic veterinary implants market has had a positive impact on the market.
The rise in the number of pet owners with increasing disposable income is expected to have a direct positive boding on the global orthopedic veterinary implants market. Arthritis is prevalent in dogs and often the treatment involves orthopedic veterinary implants. The rising cases of obesity in pets owing to a sedentary lifestyle and overeating also favours the market’s growth.
North America accounts for major market share in the global orthopedic veterinary implants. In the near future, the Asia Pacific orthopedic veterinary implants are predicted to grow at the highest CAGR.
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Orthopedic Veterinary Implants Market Segmentation:
By Product Type
- Total Knee Replacement (TKR)
- Cemented Total Knee Replacement
- Cementless Total Knee Replacement
- Total Hip Replacement (THR)
- Cemented Total Hip Replacement
- Cementless Total Hip Replacement
- Trauma Fixations
- External Fixations
- Internal Fixations
- Intramedullary (IM) Nails
- Bone Plates
- Bone Screws
- Tibial Tuberosity Advancement (TTA) Implants
- Tibial Plateau Leveling Osteotomy (TPLO) Implants
- Advanced Locking Plate System (ALPS)
- Total Elbow Replacement (TER)
By End-User
- Veterinary Hospitals
- Veterinary Clinics
By Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Competitive Landscape in Orthopedic Veterinary Implants Market:
- KYON Pharma, Inc.
- Veterinary Orthopedic Implants, Inc.
- Everost Inc.
- Integra LifeSciences
- BioMedtrix, LLC
- Johnson Johnson
- B. Braun Melsungen AG
- Orthomed (UK) Ltd
- IMEX Veterinary
- Securos Surgical
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**Objectives of this Study: **
- To provide a comprehensive analysis of the Orthopedic Veterinary Implants Market By Product Type, By End-User and By Region.
- To offer detailed insights into factors such as drivers, restraints, trends, and opportunities, as well as segmental and regional influences on market growth.
- To evaluate current market trends and forecast micro-markets, presenting overall market projections in the form of data sets and PowerPoint presentations.
- To predict the market size in key regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
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