Veterinary Orthopedic Implants Market Booming Worldwide With over the forecast period 2021-2028 | B. Braun Vet Care GmbH, BioMedtrix, LLC, IMEX Veterinary
Veterinary Orthopedic Implants Market Booming Worldwide With over the forecast period 2021-2028 | B. Braun Vet Care GmbH, BioMedtrix, LLC, IMEX Veterinary
Published by Coherent Market Insights
Posted on September 27, 2021
Veterinary orthopedic implants, or orthopedic veterinary implants, are medical devices used to treat various disorders, related to bones and joints, in animals, such as cat, dog, bovine, horses, etc. Disc disease, luxating patellas, cruciate ligament tears, and hip dysplasia are some of the most common orthopedic problems in dogs. Various medical implants, such as wires, screws, plates, etc. are used to treat such problems. Thus, with increasing incidence of such problems, demand for veterinary orthopedic implants is also increasing. For instance, in February 2019, Orthomed launched a medium-size Modified Maquet Procedure OrthoFoam wedge appropriate for typical Springers, Staffies, and similar sized dogs.
Key participants for business development are Kyon Pharma, Inc., Veterinary Orthopaedics., Narang Medical Limited, BioMedtrix, LLC, Orthomed (UK) Ltd, DePuy Synthes (a subsidiary of Johnson & Johnson), Veterinary Instrumentation, Ltd., Veterinary Orthopedic Implants, Medicatechvet, Microsurgery Instruments, Inc., B. Braun Melsungen AG, Königsee Implantate GmbH, Everost Inc., Integra LifeSciences, Intrauma S.p.A., Ortho Max Manufacturing Company Pvt. Ltd., and RITA LEIBINGER MEDICAL GmbH & Co. KG.
This in turn is expected to augment the growth of the veterinary orthopedic implants market growth. Pet animals, such as cats and dogs usually suffer from fractures due to fights, vehicular trauma, and sport injuries. Veterinarians decide on the type of treatment and implant based on the type of fracture. A wide variety of veterinary implants are available in the market, such as Advanced Locking Plate System (ALPS), Tibial Tuberosity Advancement (TTA) Implants, Total Elbow Replacement (TER) Implants, Total Hip Replacement (THR) Implants, Total Knee Replacement (TKR) Implants, and Tibial Plateau Leveling Osteotomy (TPLO) Implants. Thus, the veterinary orthopedic implants market is witnessing robust growth due to growing approvals for the orthopedic implants for animals.
Veterinary orthopedic implants are widely used to treat bone fractures in animals, as well as for bone fixation surgeries. They are usually made of metals, such as cobalt-chromium alloys, stainless steel, and titanium or titanium alloys. Moreover, these implants are used as a support structure for the treatment of fracture and reconstructive surgery. Orthopedic implants, such as wires, pins, plates, and screws are used to perform surgeries on animals. To meet the increasing demand, the companies in veterinary orthopedic implants market are investing in 3D printing technique for creating veterinary orthopaedic implants, driving the market growth.
The growth of the veterinary orthopedic implants market is driven by the increasing trend of petting animals, such as cats and dogs, in both developed and developing economies. Around 85 million families, or about 67% of U.S. households, own a pet, according to the American Pet Products Association’s (APPA’s) National Pet Owners Survey (2019-2020). Furthermore, growing incidence of obesity and arthritis in animals is expected to increase the risk of orthopedic diseases, which, in turn is expected to increase the demand for veterinary implants. The aforementioned factors are expected to drive the veterinary orthopedic implants market.
Reasons to Purchase this Report
Current and future of global Veterinary Orthopedic Implants market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
Regions/countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Veterinary orthopedic implants, or orthopedic veterinary implants, are medical devices used to treat various disorders, related to bones and joints, in animals, such as cat, dog, bovine, horses, etc. Disc disease, luxating patellas, cruciate ligament tears, and hip dysplasia are some of the most common orthopedic problems in dogs. Various medical implants, such as wires, screws, plates, etc. are used to treat such problems. Thus, with increasing incidence of such problems, demand for veterinary orthopedic implants is also increasing. For instance, in February 2019, Orthomed launched a medium-size Modified Maquet Procedure OrthoFoam wedge appropriate for typical Springers, Staffies, and similar sized dogs.
Key participants for business development are Kyon Pharma, Inc., Veterinary Orthopaedics., Narang Medical Limited, BioMedtrix, LLC, Orthomed (UK) Ltd, DePuy Synthes (a subsidiary of Johnson & Johnson), Veterinary Instrumentation, Ltd., Veterinary Orthopedic Implants, Medicatechvet, Microsurgery Instruments, Inc., B. Braun Melsungen AG, Königsee Implantate GmbH, Everost Inc., Integra LifeSciences, Intrauma S.p.A., Ortho Max Manufacturing Company Pvt. Ltd., and RITA LEIBINGER MEDICAL GmbH & Co. KG.
This in turn is expected to augment the growth of the veterinary orthopedic implants market growth. Pet animals, such as cats and dogs usually suffer from fractures due to fights, vehicular trauma, and sport injuries. Veterinarians decide on the type of treatment and implant based on the type of fracture. A wide variety of veterinary implants are available in the market, such as Advanced Locking Plate System (ALPS), Tibial Tuberosity Advancement (TTA) Implants, Total Elbow Replacement (TER) Implants, Total Hip Replacement (THR) Implants, Total Knee Replacement (TKR) Implants, and Tibial Plateau Leveling Osteotomy (TPLO) Implants. Thus, the veterinary orthopedic implants market is witnessing robust growth due to growing approvals for the orthopedic implants for animals.
Veterinary orthopedic implants are widely used to treat bone fractures in animals, as well as for bone fixation surgeries. They are usually made of metals, such as cobalt-chromium alloys, stainless steel, and titanium or titanium alloys. Moreover, these implants are used as a support structure for the treatment of fracture and reconstructive surgery. Orthopedic implants, such as wires, pins, plates, and screws are used to perform surgeries on animals. To meet the increasing demand, the companies in veterinary orthopedic implants market are investing in 3D printing technique for creating veterinary orthopaedic implants, driving the market growth.
The growth of the veterinary orthopedic implants market is driven by the increasing trend of petting animals, such as cats and dogs, in both developed and developing economies. Around 85 million families, or about 67% of U.S. households, own a pet, according to the American Pet Products Association’s (APPA’s) National Pet Owners Survey (2019-2020). Furthermore, growing incidence of obesity and arthritis in animals is expected to increase the risk of orthopedic diseases, which, in turn is expected to increase the demand for veterinary implants. The aforementioned factors are expected to drive the veterinary orthopedic implants market.
Reasons to Purchase this Report
Current and future of global Veterinary Orthopedic Implants market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
Regions/countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players