Animals suffer from various orthopedic conditions such as cruciate ligament tear, hip dysplasia, elbow dysplasia, bone fractures and others. These affect the bones, joints, and tissues, which could result in abnormal movement, instability, and lameness. The treatment of these conditions in severe cases requires surgical procedures, implants, or the pain reducing drugs.
The global veterinary orthopedic treatment market was valued at $94,708 million in 2017 and is projected to reach $153,612 million at a CAGR of 6.2% from 2018 to 2025.
The Centers for Medicare and Medicaid Services report that US healthcare expenditures grew by 4.6% to US$ 3.8 trillion in 2019, or US$ 11,582 per person, and accounted for 17.7% of GDP. Also, the federal government accounted for 29.0% of the total health expenditures, followed by households (28.4%). State and local governments accounted for 16.1% of total health care expenditures, while other private revenues accounted for 7.5%.
This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth.
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Increase in ownership of companion animals, growth in demand for pet insurance, rise in animal healthcare expenditure, and surge in cases of obesity in pets drive the growth of the veterinary orthopedic treatment market. However, lack of animal health awareness and high cost of surgeries are expected to hamper the market growth. Conversely, advancement in therapeutic and diagnostic products and no requirement of government approvals for veterinary devices are anticipated to provide lucrative growth opportunities for the key players.
The global veterinary orthopedic treatment market is segmented into procedure, animal type and region. Based on procedure, the market is categorized into cruciate ligament tear, patellar luxation, hip dysplasia, elbow dysplasia, bone fracture, and osteoarthritis management. Based on animal type, the market is differentiated into dog, cat, and other animal types. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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Key Benefits for Veterinary Orthopedic Treatment Market :
The study provides an in-depth analysis of the global veterinary orthopedic treatment market with current trends and future estimations from 2017 to 2025 to elucidate the imminent investment pockets.
A comprehensive analysis of factors that drive and restrict the market growth is provided.
Identification of factors instrumental in changing the market scenario, rise in opportunities, and identification of key companies that can influence this market on global and regional scales are provided.
The profiles of key players and their strategies are analyzed thoroughly to understand the competitive outlook of the market.
Veterinary Orthopedic Treatment Key Market Segments :
Cruciate Ligament Tear
By Animal Type
Other Animal Types
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Rest of Europe
Rest of Asia-Pacific
Rest of LAMEA
LIST OF KEY PLAYERS PROFILED IN THE REPORT
Adobe Animal Hospital
Allandale Veterinary Hospital
Boca Park Animal Hospital
Broadleys Veterinary Hospital
Goddard Veterinary Group
Northwest Veterinary Specialists
The Animal Medical Center
School of Veterinary Medicine (University of Pennsylvania)
Upper Canada Animal Hospital
LIST OF OTHER PLAYERS IN THE VALUE CHAIN (These players are not profiled in the report, however can be included on request)
Airpark Animal Hospital
Adams Animal Hospital
Palo Verde Animal Hospital
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What are the aspects of this report that relate to regional analysis?
The report’s geographical regions include North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
The report provides a comprehensive analysis of market trends, including information on usage and consumption at the regional level.
Reports on the market include the growth rates of each region, which includes their countries, over the coming years.
How are the key players in the market assessed?
This report provides a comprehensive analysis of leading competitors in the market.
The report includes information about the key vendors in the market.
The report provides a complete overview of each company, including its profile, revenue generation, cost of goods, and products manufactured.
The report presents the facts and figures about market competitors, alongside the viewpoints of leading market players.
A market report includes details on recent market developments, mergers, and acquisitions involving the key players mentioned.
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What are the goals of the report?
This market report shows the projected market size for the pain management devices market at the end of the forecast period. The report also examines the historical and current market sizes.
On the basis of various indicators, the charts present the year-over-year growth (%) and compound annual growth rate (CAGR) for the given forecast period.
The report includes an overview of the market, its geographical scope, its segmentation, and the financial performance of key players.
The report examines the current state of the industry and the potential growth opportunities in North America, Asia Pacific, Europe, Latin America, and the Middle East, and Africa.
The research report includes various factors contributing to the market’s growth.
The report analyzes the growth rate, market size, and market valuation for the forecast period.
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What factors are taken into consideration when assessing the key market players?
The report analyzes companies across the globe in detail.
The report provides an overview of major vendors in the market, including key players.
Reports include information about each manufacturer, such as profiles, revenue, product pricing, and other pertinent information about the manufactured products.
This report includes a comparison of market competitors and a discussion of the standpoints of the major players.
Market reports provide information regarding recent developments, mergers, and acquisitions involving key players.
What are the key findings of the report?
This report provides comprehensive information on factors expected to influence the market growth and market share in the future.
The report offers the current state of the market and future prospects for various geographical regions.
This report provides both qualitative and quantitative information about the competitive landscape of the market.
Combined with Porter’s Five Forces analysis, it serves as SWOT analysis and competitive landscape analysis.
It provides an in-depth analysis of the market, highlighting its growth rates and opportunities for growth.
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