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Global Veterinary Orthopaedic Implants Market: By Product Type: Plates, Screws, Jigs, Pins and Wires; By Application: Knee Replacement, Hip Replacement, Elbow Replacement, Trauma Fixation; By End Use; Regional Analysis; Historical Market and Forecast (2018-2028); Competitive Landscape; Industry Events and Developments
Global Veterinary Orthopaedic Implants Market Outlook
The global veterinary orthopaedic implants market reached a value of about USD 95 million in 2020. The market is further expected to grow at a CAGR of 7% in the forecast period of 2023-2028 to reach a value of nearly USD 143 million by 2026.
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.
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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 | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| 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 Industry Opportunities and Challenges
8 Global Veterinary Orthopaedic Implants Market Analysis
8.1 Key Industry Highlights
8.2 Global Veterinary Orthopaedic Implants Historical Market (2018-2022)
8.3 Global Veterinary Orthopaedic Implants Market Forecast (2023-2028)
8.4 Global Veterinary Orthopaedic Implants Market by Product Type
8.4.1 Plates
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.1.4 Market by Type
8.4.1.4.1 Compression Plates
8.4.1.4.2 L – Plates
8.4.1.4.3 T – Plates
8.4.1.4.4 Arthrodesis Plates
8.4.1.4.5 Acetabulum Plates
8.4.1.4.6 Bending Iron
8.4.1.4.7 Others
8.4.2 Screws
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Jigs
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Pins and Wires
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 Others
8.5 Global Veterinary Orthopaedic Implants Market by Application
8.5.1 Knee Replacement
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Hip Replacement
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Elbow Replacement
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Trauma Fixation
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Others
8.6 Global Veterinary Orthopaedic Implants Market by End Use
8.6.1 Veterinary Hospitals
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Veterinary Clinics
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Others
8.7 Global Veterinary Orthopaedic Implants Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Key Players
12.3 Company Profiles
12.3.1 B. Braun Vet Care GmbH
12.3.1.1 Company Overview
12.3.1.2 Product Portfolio
12.3.1.3 Demographic Reach and Achievements
12.3.1.4 Certifications
12.3.2 Everost Inc.
12.3.2.1 Company Overview
12.3.2.2 Product Portfolio
12.3.2.3 Demographic Reach and Achievements
12.3.2.4 Certifications
12.3.3 BioMedtrix, LLC
12.3.3.1 Company Overview
12.3.3.2 Product Portfolio
12.3.3.3 Demographic Reach and Achievements
12.3.3.4 Certifications
12.3.4 Veterinary Orthopaedic Implants, Inc.
12.3.4.1 Company Overview
12.3.4.2 Product Portfolio
12.3.4.3 Demographic Reach and Achievements
12.3.4.4 Certifications
12.3.5 Kyon AG
12.3.5.1 Company Overview
12.3.5.2 Product Portfolio
12.3.5.3 Demographic Reach and Achievements
12.3.5.4 Certifications
12.3.6 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Veterinary Orthopaedic Implants Market: Key Industry Highlights, 2018 and 2028
2. Global Veterinary Orthopaedic Implants Historical Market: Breakup by Product Type (USD Million), 2018-2022
3. Global Veterinary Orthopaedic Implants Market Forecast: Breakup by Product Type (USD Million), 2023-2028
4. Global Veterinary Orthopaedic Implants Historical Market: Breakup by Application (USD Million), 2018-2022
5. Global Veterinary Orthopaedic Implants Market Forecast: Breakup by Application (USD Million), 2023-2028
6. Global Veterinary Orthopaedic Implants Historical Market: Breakup by End Use (USD Million), 2018-2022
7. Global Veterinary Orthopaedic Implants Market Forecast: Breakup by End Use (USD Million), 2023-2028
8. Global Veterinary Orthopaedic Implants Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global Veterinary Orthopaedic Implants Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America Veterinary Orthopaedic Implants Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America Veterinary Orthopaedic Implants Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe Veterinary Orthopaedic Implants Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe Veterinary Orthopaedic Implants Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific Veterinary Orthopaedic Implants Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific Veterinary Orthopaedic Implants Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America Veterinary Orthopaedic Implants Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America Veterinary Orthopaedic Implants Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa Veterinary Orthopaedic Implants Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa Veterinary Orthopaedic Implants Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Global Veterinary Orthopaedic Implants Market Structure
Key Questions Answered in the Report
The global veterinary orthopaedic implants market reached a value of USD 95 million in 2020.
The market is projected to grow at a CAGR of 7% in the forecast period of 2023-2028.
The market is estimated to reach a value of about USD 143 million by 2026.
The major drivers of the industry 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.
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 industry.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market.
The major product types in the industry are plates, screws, jigs, and pins and wires, among others.
The leading application segments in the industry are knee replacement, hip replacement, elbow replacement, and trauma fixation, among others.
The significant end-use sectors in the industry include veterinary hospitals and veterinary clinics, among others.
The key players in the industry are B. Braun Vet Care GmbH, Everost Inc., BioMedtrix, LLC, Veterinary Orthopedic Implants, Inc., and Kyon AG, among others.
Analyst Review
The global veterinary orthopaedic implants market attained a value of USD 95 million in 2020, 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 2023-2028, growing at a CAGR of 7%. The industry is projected to reach USD 143 million by 2026.
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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