Veterinary Orthopedic Implants Market, By Product Type (Plates, Screws, Jigs, and Pins & Wires), By End User (Veterinary Hospitals and Veterinary Clinics), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis, and Forecast till 2029

Report Code: PMI458720 | Publish Date: March 2023 | No. of Pages: 150

Global Veterinary Orthopedic Implants Market Overview

Orthopedic implants are used to treat various orthopedic conditions like healing broken bones and joints. With a growing number of people owning companion animals the demand for the veterinary market is growing rapidly. People are willing to spend more on the health of their pets which is strengthening the demand for products used for the health and well-being of the animals. Pet animals like dogs and cats usually suffer from fractures due to vehicular trauma, fights and sports injuries. Even though injuries in animals heal quickly, in case of broken bones orthopedic surgeries are required for healing the bones. Depending on the type of fracture vets decide on the treatment type and implants. With growing approvals for the orthopedic implants for animals, the veterinary orthopedic implants market is expected to witness attractive opportunities over the forecast period. The global veterinary orthopedic implants market is anticipated to register a CAGR of 12.6% during the forecasted period.

Impact of Covid-19 pandemic on market

With the outbreak of the COVID-19, various businesses are at the forefront to combat this pandemic. The pandemic has hindered the industrial supply chain and also disrupted the product segment. Government across the countries has imposed strict lockdown to limit the spread of disease. The outbreak has directly disturbed the demand and supply chain. This report will quantify the impact of a pandemic on the veterinary orthopedic implants market.

Global Veterinary Orthopedic Implants Market Dynamics

Growing number of companion animals

With growing number of companion animals the demand for veterinary orthopedic implants is expected to grow rapidly. According to the American Pet Product Association (APPA) nearly 63% of the U.S. households had companion animals in 2012. The population of companion animals like cats and dogs has witness a rapid increase in the past decade moreover the willingness of the owners to spend on the health of their pets is expected to drive revenue growth of the veterinary orthopedic implants market over the forecast period.

Increase in the incidence of obesity and arthritis

The increase in the incidence of obesity and arthritis increases the demand for veterinary orthopedic implants market. Obesity is a condition where the weight of the pet affects the pet`s health to a point where it results in weakening of bones, whereas arthritis in pets results in loss of strength in bones. Obesity and arthritis may also result in fractures and other bone-joint related issues and both the conditions result in adversely affecting the overall health of the pet, consequently leading to shorten lifespan. Thus, the increase incidents of obesity and arthritis increase the demand for veterinary orthopedic implants. For instance, As per Banfield Pet hospital in U.S, in 2017, 31 per 100 cases suffered from obesity and 450 per 10,000 suffered from arthritis in dogs’ .Further, 34 per 100 cases suffered from obesity and 90 per 10,000 suffered from arthritis in cats. Thus, the increase in health conditions affecting the bones of pets such as obesity and arthritis positively affect the growth of the veterinary orthopedic market. However, the high cost of orthopedic surgery inhibits the growth of veterinary orthopedic implants market.

Global Veterinary Orthopedic Implants Market Segmentation

The global veterinary orthopedic implants market is segmented based on product type, end user, and region.

On the basis of product type, the global veterinary orthopedic implants market is segmented into plates, screws, jigs, and pins & wires. Based on end user, the market is segmented into veterinary hospitals and veterinary clinics.

Regional Insights:

On region the global veterinary orthopedic implants market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is estimated to be the leading market in the global veterinary orthopedic implants market. Rising number of households owing companion animals in the U.S. and growing healthcare expenditure on the companion animals is expected to propel growth of the veterinary orthopedic implants in this region. Additionally, Europe is estimated to be the second most lucrative market for the veterinary orthopedic implants manufacturers. Presence of several veterinary facilities and availability of new products is expected to drive market growth of veterinary orthopedic implants in Europe.

Report Scope:

Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2029

Market representation

Revenue in USD Million & CAGR from 2020 – 2029

Market Segmentation

By Product Type: Plates, Screws, Jigs, and Pins & Wires

By End User: Veterinary Hospitals and Veterinary Clinics

Delivery Mode Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

sReport coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the global veterinary orthopedic implants market report based on product type, end user, and region.

Global Veterinary Orthopedic Implants Market, By Product Type:

  • Plates
  • Screws
  • Jigs
  • Pins & Wires

Global Veterinary Orthopedic Implants Market, By End User:

  • Veterinary Hospitals
  • Veterinary Clinics

Global Veterinary Orthopedic Implants Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global Veterinary Orthopedic Implants Market Key Players

The key players operating in the global veterinary orthopedic implants market includes DePuy Synthes Vet, Scil animal care, B.Braun Vet Care, Veterinary Orthopedic Implants, KYON, IMEX Veterinary, Orthomed UK, Sophiatech, Ortho, and BioMedtrix. The market is especially characterized by collaborations and partnerships between the businesses and acquisitions of smaller players as a part of strategic expansion as well as launching their new product specimen. For instance, in 2019, Infiniti Medical, a USA based designer and distributor of medical devices for the veterinary market, acquired Orthomed Ltd. for an amount undisclosed. Through the acquisition, Infiniti Medical aims to expand its product portfolio by adding products and services from Orthomed. Orthomed Ltd is a UK based provider of orthopedic products and systems in veterinary industry.

Global Veterinary Orthopedic Implants Market Company Profile

  • DePuy Synthes Vet
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Scil animal care
  • B.Braun Vet Care
  • Veterinary Orthopedic Implants
  • KYON
  • IMEX Veterinary
  • Orthomed UK
  • Sophiatech
  • Ortho
  • BioMedtrix

Global Veterinary Orthopedic Implants Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Veterinary Orthopedic Implants Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Product Type
      • Market Snippet, By End User
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Global Veterinary Orthopedic Implants Market, By Product Type, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Plates
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Screws
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Jigs
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Pins & Wires
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
  6. Global Veterinary Orthopedic Implants Market, By End User, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Veterinary Hospitals
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Veterinary Clinics
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
  7. Global Veterinary Orthopedic Implants Market, By Region, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By End User, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By End User, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By End User, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By End User, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By End User, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  9. Company Profiles
      • DePuy Synthes Vet
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategies
      • Scil animal care
      • B.Braun Vet Care
      • Veterinary Orthopedic Implants
      • KYON
      • IMEX Veterinary
      • Orthomed UK
      • Sophiatech
      • Ortho
      • BioMedtrix
  10. The Last Word
    • Future Impact
    • About Us
    • Contact

List of Tables

TABLE List of data sources

TABLE Market drivers; Impact Analysis

TABLE Market restraints; Impact Analysis

TABLE Veterinary Orthopedic Implants Market: Product Type Snapshot (2019)

TABLE Segment Dashboard; Definition and Scope, by Product Type

TABLE Global Veterinary Orthopedic Implants Market, by Product Type 2019-2029 (USD Million)

TABLE Veterinary Orthopedic Implants Market: End User Snapshot (2019)

TABLE Segment Dashboard; Definition and Scope, by End User

TABLE Global Veterinary Orthopedic Implants Market, by End User 2019-2029 (USD Million)

TABLE Veterinary Orthopedic Implants Market: Regional snapshot (2019)

TABLE Segment Dashboard; Definition and Scope, by Region

TABLE Global Veterinary Orthopedic Implants Market, by Region 2019-2029 (USD Million)

TABLE North America Veterinary Orthopedic Implants Market, by Country, 2019-2029 (USD Million)

TABLE North America Veterinary Orthopedic Implants Market, by Product Type, 2019-2029 (USD Million)

TABLE North America Veterinary Orthopedic Implants Market, by End User, 2019-2029 (USD Million)

TABLE Europe Veterinary Orthopedic Implants Market, by Country, 2019-2029 (USD Million)

TABLE Europe Veterinary Orthopedic Implants Market, by Product Type, 2019-2029 (USD Million)

TABLE Europe Veterinary Orthopedic Implants Market, by End User, 2019-2029 (USD Million)

TABLE Asia Pacific Veterinary Orthopedic Implants Market, by Country, 2019-2029 (USD Million)

TABLE Asia Pacific Veterinary Orthopedic Implants Market, by Product Type, 2019-2029 (USD Million)

TABLE Asia Pacific Veterinary Orthopedic Implants Market, by End User, 2019-2029 (USD Million)

TABLE Latin America Veterinary Orthopedic Implants Market, by Country, 2019-2029 (USD Million)

TABLE Latin America Veterinary Orthopedic Implants Market, by Product Type, 2019-2029 (USD Million)

TABLE Latin America Veterinary Orthopedic Implants Market, by End User, 2019-2029 (USD Million)

TABLE Middle East and Africa Veterinary Orthopedic Implants Market, by Country, 2019-2029 (USD Million)

TABLE Middle East and Africa Veterinary Orthopedic Implants Market, by Product Type, 2019-2029 (USD Million)

TABLE Middle East and Africa Veterinary Orthopedic Implants Market, by End User, 2019-2029 (USD Million)

List of Figures

FIGURE Veterinary Orthopedic Implants Market segmentation

FIGURE Market research methodology

FIGURE Value chain analysis

FIGURE Porter’s Five Forces Analysis

FIGURE Market Attractiveness Analysis

FIGURE COVID-19 Impact Analysis

FIGURE Pre & Post COVID-19 Impact Comparison Study

FIGURE Competitive Landscape; Key company market share analysis, 2019

FIGURE Product Type segment market share analysis, 2019 & 2029

FIGURE Product Type segment market size forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE End User segment market share analysis, 2019 & 2029

FIGURE End User segment market size forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Regional segment market share analysis, 2019 & 2029

FIGURE Regional segment market size forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE North America Veterinary Orthopedic Implants Market share and leading players, 2019

FIGURE Europe Veterinary Orthopedic Implants Market share and leading players, 2019

FIGURE Asia Pacific Veterinary Orthopedic Implants Market share and leading players, 2019

FIGURE Latin America Veterinary Orthopedic Implants Market share and leading players, 2019

FIGURE Middle East and Africa Veterinary Orthopedic Implants Market share and leading players, 2019

FIGURE North America market share analysis by country, 2019

FIGURE U.S. Veterinary Orthopedic Implants Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Canada Veterinary Orthopedic Implants Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Europe Veterinary Orthopedic Implants Market share analysis by country, 2019

FIGURE Germany Veterinary Orthopedic Implants Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Spain Veterinary Orthopedic Implants Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Italy Veterinary Orthopedic Implants Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE UK Veterinary Orthopedic Implants Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE France Veterinary Orthopedic Implants Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Rest of the Europe Veterinary Orthopedic Implants Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Asia Pacific Veterinary Orthopedic Implants Market share analysis by country, 2019

FIGURE India Veterinary Orthopedic Implants Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE China Veterinary Orthopedic Implants Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Japan Veterinary Orthopedic Implants Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE South Korea Veterinary Orthopedic Implants Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Rest of APAC Veterinary Orthopedic Implants Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Latin America Veterinary Orthopedic Implants Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Latin America Veterinary Orthopedic Implants Market share analysis by country, 2019

FIGURE Brazil Veterinary Orthopedic Implants Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Mexico Veterinary Orthopedic Implants Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Argentina Veterinary Orthopedic Implants Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Rest of LATAM Veterinary Orthopedic Implants Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Middle East and Africa Veterinary Orthopedic Implants Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Middle East and Africa Veterinary Orthopedic Implants Market share analysis by country, 2019

FIGURE Saudi Arabia Veterinary Orthopedic Implants Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE United Arab Emirates Veterinary Orthopedic Implants Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FIGURE Rest of Middle East and Africa Veterinary Orthopedic Implants Market size, forecast and trend analysis, 2019 to 2029 (USD Million)

FAQs

The veterinary orthopedic implants market is anticipated to register a CAGR of 5.3% during the forecasted period.

The market report has been segmented on the basis of product type, end user, and region.

Emerging trends include the development of advanced materials for implants, the increasing demand for minimally invasive orthopedic procedures in veterinary care, and the growth of companion animal orthopedic surgeries, presenting significant opportunities in the global Veterinary Orthopedic Implants Market.

Factors driving the market include the rising pet ownership and expenditure on veterinary care, advancements in veterinary orthopedic implant technologies, the prevalence of orthopedic conditions in animals, and the increasing availability of specialized veterinary orthopedic services.

The report covers regions worldwide. North America is expected to dominate the Veterinary Orthopedic Implants Market, driven by a high level of pet ownership, advanced veterinary healthcare infrastructure, and significant investments in research and development in the region. Other influential regions include Europe and Asia-Pacific.

The prominent player operating in the global veterinary orthopedic implants market includes DePuy Synthes Vet, Scil animal care, B.Braun Vet Care, Veterinary Orthopedic Implants, KYON, IMEX Veterinary, Orthomed UK, Sophiatech, Ortho, and BioMedtrix.