PUBLISHER: Value Market Research | PRODUCT CODE: 1408979
PUBLISHER: Value Market Research | PRODUCT CODE: 1408979
The global demand for Veterinary Orthopedic Medicine Market is presumed to reach the market size of nearly USD 7.79 BN by 2030 from USD 3.88 BN in 2022 with a CAGR of 9.11% under the study period 2023 - 2030.
Veterinary orthopedic medicine refers to the specialized veterinary medicine that focuses on the diagnosis, treatment, and prevention of musculoskeletal conditions and injuries in animals. This branch of veterinary medicine addresses issues related to bones, joints, ligaments, tendons, and muscles in various animal species.
The Veterinary orthopedic medicine market is experiencing growth driven by several key factors. Increased awareness and concern for the well-being of companion animals contribute to a rising demand for specialized veterinary orthopedic care as pet owners seek advanced treatments for musculoskeletal conditions. The prevalence of orthopedic issues in animals, including osteoarthritis and cruciate ligament injuries, is on the rise, fueled by factors like aging animal populations and increased engagement in activities. Advancements in veterinary medical technology and surgical techniques play a pivotal role, with innovations in orthopedic implants and minimally invasive procedures enhancing treatment outcomes. Collaborations within the veterinary community and with research institutions contribute to knowledge exchange and the development of new treatment modalities. The growing pet insurance industry further impacts the market, facilitating access to advanced orthopedic treatments for pet owners.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of veterinary orthopedic medicine. The growth and trends of veterinary orthopedic medicine industry provide a holistic approach to this study.
This section of the veterinary orthopedic medicine market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Veterinary Orthopedic Medicine market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Veterinary Orthopedic Medicine market include Zoetis, Inc., Boehringer Ingelheim, Elanco Animal Health, American Regent, Inc., Merck Animal Health (Merck & Co. Inc), Vetoquinol S.A., Ceva Sante Animale, Virbac, Biogenesis Bago, Ardent Animal Health, LLC, Bioiberica S.A.U, PetVivo Holdings, Inc. (Spryng), Contipro A.S., VetStem, Inc., Enso Discoveries, Contura Vet US, T-Cyte Therepeutics. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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