Veterinary Orthopedics Market Projected To Register A CAGR Of 8.4% Over Forecast Period From 2019 To 2026: Grand View Research Inc.
San Francisco, 18 June 2019: The Report Veterinary Orthopedics Market Size, Share & Trends Analysis Report By Product (Instruments, Implants), By Application (Total Knee Replacement, Trauma Fixation), By End Use, And Segment Forecasts, 2019 – 2026
The global veterinary orthopedics market size is expected to reach USD 752.96 million by 2026, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 8.4% during the forecast period. Growing incidence of pet obesity and arthritis is expected to drive the growth. Moreover, increasing number of veterinary practitioners coupled with rapid technological advancements in veterinary devices are the major factors driving the market. Moreover, high prevalence of pet obesity increases the risk of osteoarthritis, which is expected to propel the market growth in near future.
Moreover, increasing number of veterinary hospitals and surgical procedures are further fueling the veterinary orthopedics market. According to the AAPA report, in U.S. around 20.8 million dogs went through surgery in 2016 and among them 5.8 million had very painful surgeries. The aforementioned reasons are expected to further boost the market growth. For instance, in July 2018, B. Braun Vet Care entered into an agreement with CP Medical to market B. Braun’s veterinary infusion therapy product in U.S. and Canada.
North America held the dominant market share in 2018, due to the favorable insurance policies and new product developments. For instance, In December 2015, Universal Medical Systems, Inc. introduced Computed Tomography (CT) system in partnership with Equine 4DDI which is used for whole-body scans of moving and standing horses
Access Research Report of Veterinary Orthopedics Market @ www.grandviewresearch.com/industry-analysis/veterinary-orthopedics-market
Further key findings from the report suggest:
Grand View Research has segmented the global veterinary orthopedics report on the basis of product, application, end use and region:
Veterinary Orthopedics Product Outlook (Revenue, USD Million, 2014 - 2026)
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com
The global veterinary orthopedics market size is expected to reach USD 752.96 million by 2026, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 8.4% during the forecast period. Growing incidence of pet obesity and arthritis is expected to drive the growth. Moreover, increasing number of veterinary practitioners coupled with rapid technological advancements in veterinary devices are the major factors driving the market. Moreover, high prevalence of pet obesity increases the risk of osteoarthritis, which is expected to propel the market growth in near future.
Moreover, increasing number of veterinary hospitals and surgical procedures are further fueling the veterinary orthopedics market. According to the AAPA report, in U.S. around 20.8 million dogs went through surgery in 2016 and among them 5.8 million had very painful surgeries. The aforementioned reasons are expected to further boost the market growth. For instance, in July 2018, B. Braun Vet Care entered into an agreement with CP Medical to market B. Braun’s veterinary infusion therapy product in U.S. and Canada.
North America held the dominant market share in 2018, due to the favorable insurance policies and new product developments. For instance, In December 2015, Universal Medical Systems, Inc. introduced Computed Tomography (CT) system in partnership with Equine 4DDI which is used for whole-body scans of moving and standing horses
Access Research Report of Veterinary Orthopedics Market @ www.grandviewresearch.com/industry-analysis/veterinary-orthopedics-market
Further key findings from the report suggest:
- Increasing prevalence of osteoarthritis is anticipated to create growth opportunities in the veterinary orthopedics market.
- Implants segment is projected to hold the largest market share over the forecast period, owing to its increased demand.
- Plate segment is expected to exhibit lucrative growth, owing to multipurpose use of the product during surgeries.
- The others segment which includes TPLO and TTA implants, held the largest revenue share in 2018. These surgical procedures have proved to be effective, where other alternative methods have failed.
- Asia Pacific is anticipated to witness lucrative growth due to rising pet adoption coupled with growing economy, especially in Japan and India.
- Some of the key companies are Veterinary orthopedic implants; B. Braun Vet Care GmbH; KYON Pharma Inc.; and Surgical holdings, among others.
Grand View Research has segmented the global veterinary orthopedics report on the basis of product, application, end use and region:
Veterinary Orthopedics Product Outlook (Revenue, USD Million, 2014 - 2026)
- Instrument
- Implants
- Plates
- Compression plates
- Arthrodesis plates
- Acetabulum plates
- Screws
- Others
- Plates
- Total knee replacement
- Total hip replacement
- Total elbow replacement
- Trauma fixation
- Others
- Hospitals & Clinics
- Others
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com
Comments
Post a Comment