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Veterinary Orthopedic Implants Market to rising 7.2 percent till 2030

Precedence Research has published a new report titled Veterinary Orthopedic Implants Market (By Product: Screws, Pins & Wires, Plates, Jigs, and Others; By End User: Veterinary Clinics, Veterinary Hospitals, and Others) - Global Industry Analysis, Size, Share, Growth, Trends Analysis, Regional Outlook and Forecasts, 2021 - 2030”, the veterinary orthopedic implants market revenue is projected to reach US$ 580 million by 2030, registering a CAGR of 7.2% from 2021 to 2030.

The report provides many business organizations with the required information to proliferate their business’ reach within the global veterinary orthopedic implants market. The report provides the overall revenue of the global veterinary orthopedic implants market from 2017 to 2030, considering 2020 as the base year and 2030 as the forecast year.

Crucial factors accountable for market growth are:

  • Increased number of companion animals
  • Rising expenditure on pet healthcare
  • Increasing number of veterinary surgeries
  • Constant approvals for novel products
  • Increasing cases of osteoarthritis in pets
  • Growing research and development expenditure
  • Increasing popularity of animal sports
  • Technological innovations
Report Highlights Details
Market Size USD 580 Million by 2030
Growth Rate CAGR of 7.2% from 2021 to 2030
Base Year 2020
Historic Data 2017 to 2020
Forecast Period 2021 to 2030
Segments Covered Product, End User
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)
Companies Mentioned DePuy Synthes Vet, KYON Pharma, Inc., MWI Veterinary Supply Co., Vet Implants, Braun Melsungen AG, Everost, Inc., IMEX Veterinary, Inc., BioMedtrix, LLC, Securos Surgical, Vet Implants

Download a Sample Copy with TOC, Graphs & List of Figures @ https://www.precedenceresearch.com/sample/1250

Key highlights from COVID-19 impact analysis:

  • Contractions in economic growth due to the spread of COVID-19.
  • Shifts in the supply and demand facets.
  • Immediate and long-term impact of COVID-19 on business growth.

Key Players

  • DePuy Synthes Vet
  • KYON Pharma, Inc.
  • MWI Veterinary Supply Co.
  • Vet Implants
  • Braun Melsungen AG
  • Everost, Inc.
  • IMEX Veterinary, Inc.
  • BioMedtrix, LLC
  • Securos Surgical
  • Vet Implants

Other Highlights:

  • Thorough assessment of the listed companies, including their manufactured goods as well as market remuneration and production patterns is offered in the report.
  • The study also provides information regarding the market share held by the companies, along with their gross margin and price patterns.
  • Pivotal details regarding the revenue and volume estimates of every product type are showcased.
  • Other important aspects like market share; growth rate and production trends of each product over the analysis period are elaborated.
  • The research evaluates the market share of each application and predicts their growth rate during the study period.
  • Industry share of each application and their growth rate forecasts are also expounded.
  • Major competition trends, as well as insights on the industry supply chain are highlighted.
  • Further, the report endorses Porter’s five forces analysis and SWOT analysis to realize the feasibility of a new project.

Key Market Developments:

  • In October 2019, HyProtect implant was launched by Veterinary Orthopedic Implants. HyProtect comes with an antimicrobial coating. The product consists of unadulterated elemental-silver based plasma covering that enables continuous dispersal of silver ions to avert the growth of bacteria on the exterior of the implant for a period of up to 3 months.
  • In October 2019, Veterinary Orthopedic Implants launched TPLO plate. This model locking TPLO plate is structurally contoured to match the proximal tibial surface. Each screw’s direction is oriented for optimal bone purchase and to avoid joint.

Major Market Segments Covered:

By Product

  • Screws
  • Pins & Wires
  • Plates
  • Jigs
  • Others

By End User

  • Veterinary Clinics
  • Veterinary Hospitals
  • Others

By Geography

North America

  • S.
  • Canada

Europe

  • Germany
  • France
  • United Kingdom
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Southeast Asia
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Rest of Latin America

Middle East & Africa (MEA)

  • GCC
  • North Africa
  • South Africa
  • Rest of Middle East & Africa

COVID-19 Impact on veterinary orthopedic implants market sales

Businesses today are operating in a dynamic environment. Earlier focus primarily concentrated on keeping pace with changing consumer preferences. COVID-19 outbreak was unprecedented and exposed vulnerabilities of various industries. Pandemic-induces obstacles also were registered in the veterinary orthopedic implants market.

Sales plummeted as COVID-19 gradually tightened its noose worldwide. Supply-chain disruptions caused massive losses, while demand took nose-dive as consumers remained indoors with affected countries implementing either partial or complete lockdown.

Gradual recovery however is on the cards with the roll out of vaccinations. Nonetheless, consecutive waves of the virus compelled businesses to stay prepared for the worst. As government and healthcare organizations successfully implement steps to contain the spread of COVID-19, industries have begun operations, albeit at a slow and more cautious pace.

Against this backdrop, Precedence Research’s study predicts gradual recovery for the veterinary orthopedic implants market from 2021 onwards. This trend will however continue through the course of the report’s assessment period

Some of the key highlights covered in the report include:

Market Demand-Supply Analysis – The report covers detailed insights into demand and supply forces prevailing in the global veterinary orthopedic implants market. It examines trends and factors influencing demand for veterinary orthopedic implants globally and gauges the impact of the same on the production.

• Pricing Analysis -The report presents exclusive pricing analysis. It compares pricing strategies adopted by the leading market players and identifies the most remunerative strategies.

• Market Segmentation - The report segments the global market in terms of diverse criteria. It identifies the leading segment within each category and identifies growth drivers and restraints affecting growth across each segment.

• Regional Analysis -The report segments the market in terms of North America, Europe, Latin America, Asia Pacific, and Rest of the World in terms of region. It has chapters exclusively dedicated to analyzing growth trends across each region. It identifies growth drivers as well challenges affecting demand for veterinary orthopedic implants across the world.

• Competitive Analysis - Some of the leading market players are profiled in the report on veterinary orthopedic implants. The report offers estimation of share individually help by the market players and determines the impact of some of their popular strategies.

• COVID-19 Impact Analysis - This chapter is exclusively dedicated to gauging how the market has evolved or will develop in the post-pandemic era.

• Growth Recommendations - In the end, the report presents valuable recommendations to ready businesses for unforeseen challenges in the near future.

Why Buy this Report?

The purpose of Precedence Research's veterinary orthopedic implants market study is to provide stakeholders with a detailed picture of potential barriers and untapped opportunities. The report contains exclusive information to assist businesses in making informed decisions about how to maintain growth throughout the assessment period.

Buy Full Research Report (Single User License US$ 4999) @ https://www.precedenceresearch.com/checkout/1250

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