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Global Veterinary Orthopedic Devices Market

Report ID : 1129 | Published : 2022-08-25 | Pages: 140 | Format:

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The Global Veterinary Orthopedics market size was valued at US$ 634.26 million in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 8.27% from 2022 to 2030. Veterinary orthopedic devices are used to treat several orthopedic conditions, including healing broken bones and joints in animals that might restrict their mobility and cause abnormal movement.

Growth in the companion animal population, rising demand for pet insurance, an increasing number of veterinary practitioners in developed economies, and growing disease control & disease prevention measures are some of the key factors driving the veterinary orthopedic devices market. For instance, as per the American Veterinary Medical Association (AMVA), around 110,000 veterinary practitioners were practicing in the U.S in 2017 as compared to around 107,000 in 2016.

Furthermore, increasing ownership of companion animals and the willingness of pet owners to spend on the health of their pets create a considerable demand for orthopedics devices and subsequent market demand. On the other side, the high cost of surgeries and lack of animal health awareness may restrain the market's growth.

The Global Veterinary orthopedic devices market is segmented on the basis of product, animal type, end-users, and region. The market is divided into pins, screws, screwdrivers, trocars, veterinary bone plates, and others based on the product. On the basis of animal type, the market is divided into dog, cat, horse, and others. Based on region, the market is studied across North America, Asia-Pacific, Europe, and LAMEA. North America accounted for the largest share of the market in 2019, followed by Europe and the Asia Pacific. On the other hand, the Asia Pacific is projected to have the highest growth rate during the forecast period

The key players of this market include Orthomed (UK) Ltd, Securos Europe GmbH, Veterinary Implants Direct, SCIL animal care company GmbH, NGD (NEW GENERATION DEVICES), Jeil Medical Corporation, Gruppo Bioimpianti, Eickemeyer Veterinary Equipment Ltd., Génia, Vygon Vet and KYON AG among others.

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.2. Research Scope & Assumptions

Chapter 2. Executive Summary

Chapter 3. Global Veterinary Orthopedic Devices Market Snapshot

Chapter 4. Global Veterinary Orthopedic Devices Market Variables, Trends & Scope

4.1. Market Segmentation & Scope

4.2. Drivers

4.3. Challenges

4.4. Trends

4.5. Penetration & Growth Prospect Mapping

4.6. Industry Analysis – Porter’s Five Forces Analysis

4.7. Competitive Landscape & Market Share Analysis

4.8. Technology Advancement in Aesthetic Industry

4.9. Key Trends in the Market

4.10. Impact of Covid-19 Analysis

Chapter 5. Market Segmentation 1: Product Estimates & Trend Analysis

5.1. Product Type & Market Share, 2016 & 2026

5.2. Market Size (Value & Volume) & Forecasts and Trend Analyses, 2016 to 2026 for the following Product:

5.2.1. Pins

5.2.2. Screws

5.2.3. Screwdriver

5.2.4. Trocars

5.2.5. Veterinary Bone Plates

5.2.6. Other

Chapter 6. Veterinary Orthopedic Devices Market Segmentation 2: End-user/application Estimates & Trend Analysis

6.1. End-user/application Analysis & Market Share, 2016 & 2025

6.2. Market Size (Value & Volume) & Forecasts and Trend Analyses, 2016 to 2026 for the following End-user/application:

6.2.1. Pins

6.2.2. Screws

6.2.3. Screwdriver

6.2.4. Trocars

6.2.5. Veterinary Bone Plates

6.2.6. Other

Chapter 7. Veterinary Orthopedic Devices Market Segmentation 3: Regional Estimates & Trend Analysis

7.1. North America

7.1.1. North America Veterinary Orthopedic Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by product, 2016-2026

7.1.2. North America Veterinary Orthopedic Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by end-user/application, 2016-2026

7.1.3. North America Veterinary Orthopedic Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by country, 2016-2026

7.1.3.1. U.S.

7.1.3.2. Canada

7.2. Europe

7.2.1. Europe Veterinary Orthopedic Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by product, 2016-2026

7.2.2. Europe Veterinary Orthopedic Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by end-user/application, 2016-2026

7.2.3. Europe Veterinary Orthopedic Devices Market revenue (US$ Million) and volume (No. of Units) by country, 2016-2026

7.2.3.1. Germany

7.2.3.2. Poland

7.2.3.3. France

7.2.3.4. Italy

7.2.3.5. Spain

7.2.3.6. UK

7.2.3.7. Rest of Europe

7.3. Asia Pacific

7.3.1. Asia Pacific Veterinary Orthopedic Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by product, 2016-2026

7.3.2. Asia Pacific Veterinary Orthopedic Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by end-user/application, 2016-2026

7.3.3. Asia Pacific Veterinary Orthopedic Devices Market revenue (US$ Million) and volume (No. of Units) by country, 2016-2026

7.3.3.1. China

7.3.3.2. India

7.3.3.3. Japan

7.3.3.4. Australia

7.3.3.5. Rest of Asia Pacific

7.4. Latin America

7.4.1. Latin America Veterinary Orthopedic Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by product, 2016-2026

7.4.2. Latin America Veterinary Orthopedic Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by end-user/application, 2016-2026

7.4.3. Latin America Veterinary Orthopedic Devices Market revenue (US$ Million) and volume (No. of Units) by country, (US$ Million) 2016-2026

7.4.3.1. Brazil

7.4.3.2. Rest of Latin America

7.5. MEA

7.5.1. MEA Veterinary Orthopedic Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by product, 2016-2026

7.5.2. MEA Veterinary Orthopedic Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by end-user/application, 2016-2026

7.5.3. MEA revenue Veterinary Orthopedic Devices Market revenue (US$ Million) and volume (No. of Units) by country, (US$ Million) 2016-2026

7.5.3.1. South Africa

7.5.3.2. Rest of MEA

Chapter 8. Competitive Landscape

8.1. Major Mergers and Acquisitions/Strategic Alliances

8.2. Company Profiles

8.2.1. Orthomed (UK) Ltd

8.2.2. Securos Europe GmbH

8.2.3. Veterinary Implants Direct

8.2.4. scil animal care company GmbH

8.2.5. NGD (NEW GENERATION DEVICES)

8.2.6. Jeil Medical Corporation

8.2.7. Gruppo Bioimpianti

8.2.8. Eickemeyer Veterinary Equipment Ltd.

8.2.9. Génia

8.2.10. Vygon Vet

8.2.11. KYON AG

8.2.12. List of Other Prominent Players

Global Veterinary Orthopedic Devices Market Segmentation:

Global Veterinary Orthopedic Devices Market Revenue (US$ Mn), by Product Type, 2019-2030

  • Pins
  • Screws
  • Screwdrivers
  • Trocars
  • Veterinary Bone Plates
  • Other

Global Veterinary Orthopedic Devices Market Revenue (US$ Mn), By Animal Type, 2019-2030

  • Dog
  •  Cat
  •  Horse
  •  Others

Global Veterinary Orthopedic Devices Market Revenue (US$ Mn), By Region, 2019-2030

North America Veterinary Orthopedic Devices Market Revenue (US$ Mn), By Country, 2019-2030

  • U.S.
  • Canada

Europe Veterinary Orthopedic Devices Market Revenue (US$ Mn), By Country, 2019-2030

  • U.K.
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe

Asia Pacific Veterinary Orthopedic Devices Market Revenue (US$ Mn), By Country, 2019-2030

  • India
  • China
  • Japan
  • South Korea
  • Australia & New Zealand

Latin America Veterinary Orthopedic Devices Market Revenue (US$ Mn), By Country, 2019-2030

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East & Africa Veterinary Orthopedic Devices Market Revenue (US$ Mn), By Country, 2019-2030

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

InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

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