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Global Veterinary Orthopaedic Implants Market to Reach USD 143 Million by 2026, Aided by the Rising Pet Ownership

Veterinary Orthopaedic Implants Market

Global Veterinary Orthopaedic Implants Market Size, Share: By Product Type: Plates, Screws, Jigs, Pins and Wires, Others; By Application: Knee Replacement, Hip Replacement, Elbow Replacement, Trauma Fixation, Others; By End Use: Veterinary Hospitals, Veterinary Clinics, Others; Regional Analysis; Competitive Landscape; 2024-2032

Global Veterinary Orthopaedic Implants Market Outlook

The global veterinary orthopaedic implants market reached a value of about USD 108.77 million in 2023. The market is further expected to grow at a CAGR of 7.10% in the forecast period of 2024-2032 to reach a value of nearly USD 163.72 million by 2032.      

 

North America Veterinary Orthopaedic Implants Market Being Aided by the Prominent Presence of Major Industry Players

North America is one of the leading markets for veterinary orthopaedic implants, largely due to the involvement of major players in large expansion strategies. In addition, increased R&D spending from the companies is one of the key growth drivers propelling the market forward. Europe is also a significant region in the industry due to the high pet ownership rates and the increasing awareness of pet health. In the coming years, the industry in the Asia Pacific region is projected to witness a healthy growth rate as the pet ownership rates increase in the region, along with the rising awareness of livestock healthcare.

 

Veterinary Orthopaedic Implants Market

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Veterinary Orthopaedic Implants: Market Segmentation

Orthopaedic implants are the medical devices like screws, plates, and prostheses, which aim to replace damaged or missing joints or bones. The scope of veterinary orthopaedic implants is increasing rapidly as owners of livestock and pets are increasingly investing in medical care, including repairing and healing injuries to bones and joints caused by diseases or injuries.

Based on product type, the industry can be divided into:

  • Plates
  • Compression Plates
    • L – Plates
    • T – Plates
    • Arthrodesis Plates
    • Acetabulum Plates
    • Bending Iron
    • Others
  • Screws
  • Jigs
  • Pins and Wires
  • Others

Veterinary orthopaedic implants find wide applications in the following segments:

  • Knee Replacement
  • Hip Replacement
  • Elbow Replacement
  • Trauma Fixation
  • Others

The major end-uses in the industry can be segmented as follows:

  • Veterinary Hospitals
  • Veterinary Clinics
  • Others

The regional markets can be divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

 

Rising Pet Ownership Rates Expected to Bolster the Veterinary Orthopaedic Implants Market

The growth of the global veterinary orthopaedic implants industry is aided by the rising pet ownership, as well as the increased awareness and spending on animal welfare. The expanding disposable incomes of pet owners, rapid urbanisation and the rising penetration of veterinary clinics are further catalysing the market growth. The rise in the incidence of obesity and arthritis among pets and livestock is also expected to aid the growth of the market.

The rising government support for veterinary care, along with the rising approval of new implant products by regulatory authorities, is also expected to fuel the market in the coming years. Rapid technological advancements and innovations in the industry are further projected to catalyse the market growth in the coming years.

 

Key Industry Players in the Global Veterinary Orthopaedic Implants Market

The report gives a detailed analysis of the following key players in the global veterinary orthopaedic implants market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • B. Braun Vet Care GmbH
  • Everost Inc.
  • BioMedtrix, LLC
  • Veterinary Orthopedic Implants, Inc.
  • Kyon AG
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product Type, Application, End Use, Region
Breakup by Product Type Plates, Screws, Jigs, Pins and Wires, Others
Breakup by Application Knee Replacement, Hip Replacement, Elbow Replacement, Trauma Fixation, Others
Breakup by End Use Veterinary Hospitals, Veterinary Clinics, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered B. Braun Vet Care GmbH, Everost Inc., BioMedtrix, LLC, Veterinary Orthopedic Implants, Inc., Kyon AG, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Veterinary Orthopaedic Implants Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Veterinary Orthopaedic Implants Historical Market (2018-2023) 
    8.3    Global Veterinary Orthopaedic Implants Market Forecast (2024-2032)
    8.4    Global Veterinary Orthopaedic Implants Market by Product Type
        8.4.1    Plates
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
            8.4.1.3    Market by Type
                8.4.1.3.1    Compression Plates
                8.4.1.3.2    L – Plates
                8.4.1.3.3    T – Plates
                8.4.1.3.4    Arthrodesis Plates
                8.4.1.3.5    Acetabulum Plates
                8.4.1.3.6    Bending Iron
                8.4.1.3.7    Others
        8.4.2    Screws
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Jigs
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Pins and Wires
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Others
    8.5    Global Veterinary Orthopaedic Implants Market by Application
        8.5.1    Knee Replacement
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Hip Replacement
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Elbow Replacement
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Trauma Fixation
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Others
    8.6    Global Veterinary Orthopaedic Implants Market by End Use
        8.6.1    Veterinary Hospitals
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Veterinary Clinics
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Others 
    8.7    Global Veterinary Orthopaedic Implants Market by Region
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023)
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023)
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023)
            8.7.5.2    Forecast Trend (2024-2032)
9    North America Veterinary Orthopaedic Implants Market Analysis
    9.1    United States of America
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
10    Europe Veterinary Orthopaedic Implants Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023)
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Veterinary Orthopaedic Implants Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023)
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023)
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023)
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Veterinary Orthopaedic Implants Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023)
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Veterinary Orthopaedic Implants Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023)
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023)
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023)
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023)
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape
    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    B. Braun Vet Care GmbH
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Everost Inc.
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    BioMedtrix, LLC
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Veterinary Orthopaedic Implants, Inc.
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Kyon AG
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Veterinary Orthopaedic Implants Market: Key Industry Highlights, 2018 and 2032
2.    Global Veterinary Orthopaedic Implants Historical Market: Breakup by Product Type (USD Million), 2018-2023
3.    Global Veterinary Orthopaedic Implants Market Forecast: Breakup by Product Type (USD Million), 2024-2032
4.    Global Veterinary Orthopaedic Implants Historical Market: Breakup by Application (USD Million), 2018-2023
5.    Global Veterinary Orthopaedic Implants Market Forecast: Breakup by Application (USD Million), 2024-2032
6.    Global Veterinary Orthopaedic Implants Historical Market: Breakup by End Use (USD Million), 2018-2023
7.    Global Veterinary Orthopaedic Implants Market Forecast: Breakup by End Use (USD Million), 2024-2032
8.    Global Veterinary Orthopaedic Implants Historical Market: Breakup by Region (USD Million), 2018-2023
9.    Global Veterinary Orthopaedic Implants Market Forecast: Breakup by Region (USD Million), 2024-2032
10.    North America Veterinary Orthopaedic Implants Historical Market: Breakup by Country (USD Million), 2018-2023
11.    North America Veterinary Orthopaedic Implants Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Europe Veterinary Orthopaedic Implants Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Europe Veterinary Orthopaedic Implants Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Asia Pacific Veterinary Orthopaedic Implants Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Asia Pacific Veterinary Orthopaedic Implants Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Latin America Veterinary Orthopaedic Implants Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Latin America Veterinary Orthopaedic Implants Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Middle East and Africa Veterinary Orthopaedic Implants Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Middle East and Africa Veterinary Orthopaedic Implants Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Global Veterinary Orthopaedic Implants Market Structure

Key Questions Answered in the Report

What was the global veterinary orthopaedic implants market size in 2023?

The global veterinary orthopaedic implants market reached a value of USD 108.77 million in 2023.

What is the growth rate of the global orthopaedic implants market?

The market is projected to grow at a CAGR of 7.10% in the forecast period of 2024-2032.

What is the forecast outlook of the global orthopaedic implants market for 2024-2032?

The market is estimated to reach a value of about USD 163.72 million by 2032.      

What are the major market drivers?

The major drivers of the market include rising disposable incomes, increasing population, rising animal health awareness, growing incidences of arthritis among animals, and the rising R&D spending from the companies.

What are the key trends of the global veterinary orthopaedic implants market?

The rising penetration of veterinary clinics, growing government support, and rapid technological advancements are expected to be the key trends guiding the growth of the market.

What are the major regional markets of veterinary orthopaedic implants, according to the EMR report?

North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market.

What are the major product types in the market?

The major product types in the market are plates, screws, jigs, and pins and wires, among others.

What are the various applications of veterinary orthopaedic implants?

The various applications of veterinary orthopaedic implants are knee replacement, hip replacement, elbow replacement, and trauma fixation, among others.

What are the significant end uses of veterinary orthopaedic implants?

Veterinary hospitals and veterinary clinics, among others, are the significant end uses of veterinary orthopaedic implants.

Who are the key market players, according to the report?

The key market players include B. Braun Vet Care GmbH, Everost Inc., BioMedtrix, LLC, Veterinary Orthopaedic Implants, Inc., and Kyon AG, among others.

Analyst Review

The global veterinary orthopaedic implants market attained a value of USD 108.77 million in 2023, driven by the rising R&D spending from the key players. Aided by the growing government support for veterinary medical costs, the industry is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 7.10%. The industry is projected to reach USD 163.72 million by 2032.      

EMR's meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on its product types, the industry can be segmented into plates, screws, jigs, and pins and wires, among others. On the basis of application, the industry can be divided into knee replacement, hip replacement, elbow replacement, and trauma fixation, among others. By end-uses, the industry can be divided into veterinary hospitals and veterinary clinics, among others. The major regional markets for veterinary orthopaedic implants are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above industry include B. Braun Vet Care GmbH, Everost Inc., BioMedtrix, LLC, Veterinary Orthopedic Implants, Inc., and Kyon AG, among others.

EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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