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| A04693 | Pages: 150 | Oct 2018 | 5945 Views | | |
| Author(s) : Amrita Srivastava & Onkar Sumant | Tables: 84 | Charts: 13 |
| |
Pandemic disrupted the entire world and affected many industries.
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Request Now !Veterinary Orthopedic Treatment Market Overview :
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. Animals commonly suffer from different orthopedic conditions that result in abnormal movement, instability, lameness, and others. Orthopedic conditions such as hip dysplasia, elbow dysplasia, patella luxation, and others require a surgical procedure for the treatment of the condition. The treatment involves the administration of drugs along with the use of devices during the surgical procedure.
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Market Dynamics
The growth of the global veterinary orthopedic treatment market is majorly driven by increase in ownership of companion animal across the world. Other factors that boost the market growth include rise in number of obesity cases in pets and growth in animal healthcare expenditure. However, factors such as high cost of surgeries and lack of animal health awareness hamper the market growth. Conversely, advancements in therapeutics and diagnostic products and no requirement of government approvals for veterinary devices are expected to provide lucrative growth opportunities for the market.
Market Segmentation
The global veterinary orthopedic treatment market is segmented into procedure, animal type, and region. Based on procedure, the market is divided into cruciate ligament tear, patellar luxation, hip dysplasia, elbow dysplasia, bone fracture, and osteoarthritis management. Elbow dysplasia segment accounted for the largest market share in 2017 and is expected to continue this trend throughout the forecast period. On the other hand, bone fractures segment is anticipated to grow at the highest CAGR during the forecast period.
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Based on animal type, the market is divided into dog, cat, and other animal types. Dog segment accounted for the largest market share in 2017 and is expected to continue this trend throughout the forecast period. On the other hand, cat segment is anticipated to grow at a high CAGR during the forecast period.
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Snapshot of LAMEA Bone Grafts and Substitutes Market
Rise in pet ownership coupled with increase in awareness regarding animal healthcare drives the growth of the veterinary orthopedic treatment market in the LAMEA region. In addition, the market growth is driven by upsurge in animal healthcare expenditure owing to rise in disposable income. However, certain strict policies related to keeping a pet in rented apartments may hamper the growth of veterinary orthopedic treatment market in this region.
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The key players profiled in the report include Adobe Animal Hospital, Allandale Veterinary Hospital, Boca Park Animal Hospital, Broadleys Veterinary Hospital, Goddard Veterinary Group, Mars, Incorporated, Northwest Veterinary Specialists, The Animal Medical Center, School of Veterinary Medicine (University of Pennsylvania), and Upper Canada Animal Hospital.
The other players in the value chain include Airpark Animal Hospital, Adams Animal Hospital, and Palo Verde Animal Hospital. These players have not been profiled in the report but can be provided on request.
Key Market Segments
Key Market Players
CHAPTER 1: INTRODUCTION
1.1. Report Description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.3.1. List of key players profiled in the report
1.4. Research methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. MARKET DYNAMICS
3.2.1. Drivers
3.2.1.1. Growing demand for pet insurance
3.2.1.2. Growing ownership of companion animals
3.2.1.3. Rising animal health expenditure
3.2.1.4. Rise in cases of obesity in pets
3.2.2. Restraints
3.2.2.1. Lack of animal health awareness
3.2.2.2. High cost of surgeries
3.2.3. Opportunities
3.2.3.1. Advancement in veterinary medicine
3.2.3.2. No requirement of regulatory approvals for veterinary devices
3.2.4. Impact analyses
CHAPTER 4: VETERINARY ORTHOPEDIC TREATMENT MARKET, BY PROCEDURE
4.1. Overview
4.1.1. Market size and forecast
4.2. Cruciate Ligament Tear
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis, by country
4.3. Patellar Luxation
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis, by country
4.4. Hip Dysplasia
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis, by country
4.5. Elbow Dysplasia
4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market analysis, by country
4.6. Bone Fractures
4.6.1. Key market trends, growth factors, and opportunities
4.6.2. Market size and forecast, by region
4.6.3. Market analysis, by country
4.7. Osteoarthritis Management
4.7.1. Key market trends, growth factors, and opportunities
4.7.2. Market size and forecast, by region
4.7.3. Market analysis, by country
CHAPTER 5: VETERINARY ORTHOPEDIC TREATMENT MARKET, BY ANIMAL TYPE
5.1. Overview
5.1.1. Market size and forecast
5.2. Dog
5.2.1. Market size and forecast, by region
5.2.2. Market analysis, by country
5.3. Cat
5.3.1. Market size and forecast, by region
5.3.2. Market analysis, by country
5.4. Other animal types
5.4.1. Market size and forecast, by region
5.4.2. Market analysis, by country
CHAPTER 6: VETERINARY ORTHOPEDIC TREATMENT MARKET, BY REGION
6.1. Overview
6.1.1. Market size and forecast
6.2. North America
6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by country
6.2.2.1. U.S.
6.2.2.1.1. U.S. Veterinary orthopedic treatment market, by procedure
6.2.2.1.1. U.S. Veterinary orthopedic treatment market, by animal type
6.2.2.2. Canada
6.2.2.2.1. Canada Veterinary orthopedic treatment market, by procedure
6.2.2.2.1. Canada Veterinary orthopedic treatment market, by animal type
6.2.2.3. Mexico
6.2.2.3.1. Mexico Veterinary orthopedic treatment market, by procedure
6.2.2.3.1. Mexico Veterinary orthopedic treatment market, by animal type
6.2.3. Market size and forecast, by procedure
6.2.4. Market size and forecast, by animal type
6.3. Europe
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by country
6.3.2.1. Germany
6.3.2.1.1. Germany Veterinary orthopedic treatment market, by procedure
6.3.2.1.1. Germany Veterinary orthopedic treatment market, by animal type
6.3.2.2. France
6.3.2.2.1. France Veterinary orthopedic treatment market, by procedure
6.3.2.2.1. France Veterinary orthopedic treatment market, by animal type
6.3.2.3. UK
6.3.2.3.1. UK Veterinary orthopedic treatment market, by procedure
6.3.2.3.1. UK Veterinary orthopedic treatment market, by animal type
6.3.2.4. Italy
6.3.2.4.1. Italy Veterinary orthopedic treatment market, by procedure
6.3.2.4.1. Italy Veterinary orthopedic treatment market, by animal type
6.3.2.5. Rest of Europe
6.3.2.5.1. Rest of Europe Veterinary orthopedic treatment market, by procedure
6.3.2.5.1. Rest of Europe Veterinary orthopedic treatment market, by animal type
6.3.3. Market size and forecast, by procedure
6.3.4. Market size and forecast, by animal type
6.4. Asia-Pacific
6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast, by country
6.4.2.1. Japan
6.4.2.1.1. Japan Veterinary orthopedic treatment market, by procedure
6.4.2.1.1. Japan Veterinary orthopedic treatment market, by animal type
6.4.2.2. China
6.4.2.2.1. China Veterinary orthopedic treatment market, by procedure
6.4.2.2.1. China Veterinary orthopedic treatment market, by animal type
6.4.2.3. Australia
6.4.2.3.1. Australia Veterinary orthopedic treatment market, by procedure
6.4.2.3.1. Australia Veterinary orthopedic treatment market, by animal type
6.4.2.4. India
6.4.2.4.1. India Veterinary orthopedic treatment market, by procedure
6.4.2.4.1. India Veterinary orthopedic treatment market, by animal type
6.4.2.5. South Korea
6.4.2.5.1. South Korea Veterinary orthopedic treatment market, by procedure
6.4.2.5.1. South Korea Veterinary orthopedic treatment market, by animal type
6.4.2.6. Taiwan
6.4.2.6.1. Taiwan Veterinary orthopedic treatment market, by procedure
6.4.2.6.1. Taiwan Veterinary orthopedic treatment market, by animal type
6.4.2.7. Rest of Asia-Pacific
6.4.2.7.1. Rest of Asia-Pacific Veterinary orthopedic treatment market, by procedure
6.4.2.7.1. Rest of Asia-Pacific Veterinary orthopedic treatment market, by animal type
6.4.3. Market size and forecast, by procedure
6.4.4. Market size and forecast, by animal type
6.5. LAMEA
6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast, by country
6.5.2.1. Brazil
6.5.2.1.1. Brazil Veterinary orthopedic treatment market, by procedure
6.5.2.1.1. Brazil Veterinary orthopedic treatment market, by animal type
6.5.2.2. Turkey
6.5.2.2.1. Turkey Veterinary orthopedic treatment market, by procedure
6.5.2.2.1. Turkey Veterinary orthopedic treatment market, by animal type
6.5.2.3. Venezuela
6.5.2.3.1. Venezuela Veterinary orthopedic treatment market, by procedure
6.5.2.3.1. China Veterinary orthopedic treatment market, by animal type
6.5.2.4. Saudi Arabia
6.5.2.4.1. Saudi Arabia Veterinary orthopedic treatment market, by procedure
6.5.2.4.1. Saudi Arabia Veterinary orthopedic treatment market, by animal type
6.5.2.5. Rest of LAMEA
6.5.2.5.1. Rest of LAMEA Veterinary orthopedic treatment market, by procedure
6.5.2.5.1. Rest of LAMEA Veterinary orthopedic treatment market, by animal type
6.5.3. Market size and forecast, by procedure
6.5.4. Market size and forecast, by animal type
CHAPTER 7: COMPANY PROFILES
7.1. Adobe Animal Hospital.
7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Product portfolio
7.2. Allandale Veterinary Hospital
7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Product portfolio
7.3. Boca Park Animal Hospital.
7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Product Portfolio
7.4. Broadleys Veterinary Hospital
7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Product portfolio
7.5. Goddard Veterinary Group
7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Product portfolio
7.6. Mars, Incorporated
7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Operating business segments
7.6.4. Product portfolio
7.6.5. Key strategic moves and developments
7.7. Northwest Veterinary Specialists
7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Product portfolio
7.8. The Animal Medical Center
7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Product Portfolio
7.9. University of Pennsylvania, School of Veterinary Medicine
7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Product portfolio
7.10. Upper Canada Animal Hospital.
7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Product portfolio
LIST OF TABLES
TABLE 01. GLOBAL VETERINARY ORTHOPEDIC TREATMENT MARKET, BY PROCEDURE, 2017-2025 ($MILLION)
TABLE 02. VETERINARY CRUCIATE LIGAMENT TEAR/CRANIAL CRUCIATE LIGAMENT (CCL) MARKET, BY REGION, 2017-2025 ($MILLION)
TABLE 03. VETERINARY PATELLAR LUXATION MARKET, BY REGION, 2017-2025 ($MILLION)
TABLE 04. VETERINARY HIP DYSPLASIA MARKET, BY REGION, 2017-2025 ($MILLION)
TABLE 05. VETERINARY ELBOW DYSPLASIA MARKET, BY REGION, 2017-2025 ($MILLION)
TABLE 06. VETERINARY BONE FRACTURES MARKET, BY REGION, 2017-2025 ($MILLION)
TABLE 07. VETERINARY OSTEOARTHRITIS MANAGEMENT MARKET, BY REGION, 2017-2025 ($MILLION)
TABLE 08. GLOBAL VETERINARY ORTHOPEDIC TREATMENT MARKET, BY ANIMAL TYPE, 2017-2025 ($MILLION)
TABLE 09. VETERINARY DOG MARKET, BY REGION, 2017-2025 ($MILLION)
TABLE 10. VETERINARY CAT MARKET, BY REGION, 2017-2025 ($MILLION)
TABLE 11. VETERINARY OTHER ANIMAL TYPES MARKET, BY REGION, 2017-2025 ($MILLION)
TABLE 12. VETERINARY ORTHOPEDIC TREATMENT MARKET, BY REGION, 2017-2025 ($MILLION)
TABLE 13. NORTH AMERICA VETERINARY ORTHOPEDIC TREATMENT MARKET, BY COUNTRY, 2017-2025 ($MILLION)
TABLE 14. U.S. VETERINARY ORTHOPEDIC TREATMENT MARKET, BY PROCEDURE, 2017-2025
TABLE 15. U.S. VETERINARY ORTHOPEDIC TREATMENT MARKET, BY ANIMAL TYPE, 2017-2025
TABLE 16. CANADA VETERINARY ORTHOPEDIC TREATMENT MARKET, BY PROCEDURE, 2017-2025
TABLE 17. CANADA VETERINARY ORTHOPEDIC TREATMENT MARKET, BY ANIMAL TYPE, 2017-2025
TABLE 18. MEXICO VETERINARY ORTHOPEDIC TREATMENT MARKET, BY PROCEDURE, 2017-2025
TABLE 19. MEXICO VETERINARY ORTHOPEDIC TREATMENT MARKET, BY ANIMAL TYPE, 2017-2025
TABLE 20. NORTH AMERICA VETERINARY ORTHOPEDIC TREATMENT MARKET, BY PROCEDURE, 2017-2025 ($MILLION)
TABLE 21. NORTH AMERICA VETERINARY ORTHOPEDIC TREATMENT MARKET, BY ANIMAL TYPE, 2017-2025 ($MILLION)
TABLE 22. EUROPE VETERINARY ORTHOPEDIC TREATMENT MARKET, BY COUNTRY, 20172025 ($MILLION)
TABLE 23. GERMANY VETERINARY ORTHOPEDIC TREATMENT MARKET, BY PROCEDURE, 2017-2025
TABLE 24. GERMANY VETERINARY ORTHOPEDIC TREATMENT MARKET, BY ANIMAL TYPE, 2017-2025
TABLE 25. FRANCE VETERINARY ORTHOPEDIC TREATMENT MARKET, BY PROCEDURE, 2017-2025
TABLE 26. FRANCE VETERINARY ORTHOPEDIC TREATMENT MARKET, BY ANIMAL TYPE, 2017-2025
TABLE 27. UK VETERINARY ORTHOPEDIC TREATMENT MARKET, BY PRODUCT, 2017-2025
TABLE 28. UK VETERINARY ORTHOPEDIC TREATMENT MARKET, BY ANIMAL TYPE, 2017-2025
TABLE 29. ITALY VETERINARY ORTHOPEDIC TREATMENT MARKET, BY PROCEDURE, 2017-2025
TABLE 30. ITALY VETERINARY ORTHOPEDIC TREATMENT MARKET, BY ANIMAL TYPE, 2017-2025
TABLE 31. REST OF EUROPE VETERINARY ORTHOPEDIC TREATMENT MARKET, BY PRODUCT, 2017-2025
TABLE 32. REST OF EUROPE VETERINARY ORTHOPEDIC TREATMENT MARKET, BY ANIMAL TYPE, 2017-2025
TABLE 33. EUROPE VETERINARY ORTHOPEDIC TREATMENT MARKET, BY PROCEDURE, 2017-2025 ($MILLION)
TABLE 34. EUROPE VETERINARY ORTHOPEDIC TREATMENT MARKET, BY ANIMAL TYPE, 2017-2025 ($MILLION)
TABLE 35. ASIA-PACIFIC VETERINARY ORTHOPEDIC TREATMENT MARKET, BY COUNTRY, 2017-2025 ($MILLION)
TABLE 36. JAPAN VETERINARY ORTHOPEDIC TREATMENT MARKET, BY PROCEDURE, 2017-2025
TABLE 37. JAPAN VETERINARY ORTHOPEDIC TREATMENT MARKET, BY ANIMAL TYPE, 2017-2025
TABLE 38. CHINA VETERINARY ORTHOPEDIC TREATMENT MARKET, BY PROCEDURE, 2017-2025
TABLE 39. CHINA VETERINARY ORTHOPEDIC TREATMENT MARKET, BY ANIMAL TYPE, 2017-2025
TABLE 40. AUSTRALIA VETERINARY ORTHOPEDIC TREATMENT MARKET, BY PROCEDURE, 2017-2025
TABLE 41. AUSTRALIA VETERINARY ORTHOPEDIC TREATMENT MARKET, BY ANIMAL TYPE, 2017-2025
TABLE 42. INDIA VETERINARY ORTHOPEDIC TREATMENT MARKET, BY PROCEDURE, 2017-2025
TABLE 43. INDIA VETERINARY ORTHOPEDIC TREATMENT MARKET, BY ANIMAL TYPE, 2017-2025
TABLE 44. SOUTH KOREA VETERINARY ORTHOPEDIC TREATMENT MARKET, BY PROCEDURE, 2017-2025
TABLE 45. SOUTH KOREA VETERINARY ORTHOPEDIC TREATMENT MARKET, BY ANIMAL TYPE, 2017-2025
TABLE 46. TAIWAN VETERINARY ORTHOPEDIC TREATMENT MARKET, BY PROCEDURE, 2017-2025
TABLE 47. TAIWAN VETERINARY ORTHOPEDIC TREATMENT MARKET, BY ANIMAL TYPE, 2017-2025
TABLE 48. REST OF ASIA-PACIFIC VETERINARY ORTHOPEDIC TREATMENT MARKET, BY PROCEDURE, 2017-2025
TABLE 49. REST OF ASIA-PACIFIC VETERINARY ORTHOPEDIC TREATMENT MARKET, BY ANIMAL TYPE, 2017-2025
TABLE 50. ASIA-PACIFIC VETERINARY ORTHOPEDIC TREATMENT MARKET, BY PROCEDURE, 2017-2025 ($MILLION)
TABLE 51. ASIA-PACIFIC VETERINARY ORTHOPEDIC TREATMENT MARKET, BY ANIMAL TYPE, 2017-2025 ($MILLION)
TABLE 52. LAMEA VETERINARY ORTHOPEDIC TREATMENT MARKET, BY COUNTRY, 2017-2025 ($MILLION)
TABLE 53. BRAZIL VETERINARY ORTHOPEDIC TREATMENT MARKET, BY PROCEDURE, 2017-2025
TABLE 54. BRAZIL VETERINARY ORTHOPEDIC TREATMENT MARKET, BY ANIMAL TYPE, 2017-2025
TABLE 55. TURKEY VETERINARY ORTHOPEDIC TREATMENT MARKET, BY PROCEDURE, 2017-2025
TABLE 56. TURKEY VETERINARY ORTHOPEDIC TREATMENT MARKET, BY ANIMAL TYPE, 2017-2025
TABLE 57. VENEZUELA VETERINARY ORTHOPEDIC TREATMENT MARKET, BY PROCEDURE, 2017-2025
TABLE 58. VENEZUELA VETERINARY ORTHOPEDIC TREATMENT MARKET, BY ANIMAL TYPE, 2017-2025
TABLE 59. SAUDI ARABIA VETERINARY ORTHOPEDIC TREATMENT MARKET, BY PROCEDURE, 2017-2025
TABLE 60. SAUDI ARABIA VETERINARY ORTHOPEDIC TREATMENT MARKET, BY ANIMAL TYPE, 2017-2025
TABLE 61. REST OF LAMEA VETERINARY ORTHOPEDIC TREATMENT MARKET, BY ANIMAL TYPE, 2017-2025
TABLE 62. LAMEA VETERINARY ORTHOPEDIC TREATMENT MARKET, BY PROCEDURE 2017-2025 ($MILLION)
TABLE 63. LAMEA VETERINARY ORTHOPEDIC TREATMENT MARKET, BY ANIMAL TYPE, 2017-2025 ($MILLION)
TABLE 64. ADOBE ANIMAL HOSPITAL: COMPANY SNAPSHOT
TABLE 65. ADOBE ANIMAL HOSPITAL: SERVICES PORTFOLIO
TABLE 66. ALLANDALE VETERINARY HOSPITAL: COMPANY SNAPSHOT
TABLE 67. ALLANDALE VETERINARY HOSPITAL: SERVICE PORTFOLIO
TABLE 68. BOCA PARK ANIMAL HOSPITAL: COMPANY SNAPSHOT
TABLE 69. BOCA PARK ANIMAL HOSPITAL: SERVICE PORTFOLIO
TABLE 70. BROADLEYS VETERINARY HOSPITAL: COMPANY SNAPSHOT
TABLE 71. BROADLEYS VETERINARY HOSPITAL: SERVICE PORTFOLIO
TABLE 72. GODDARD VETERINARY GROUP: COMPANY SNAPSHOT
TABLE 73. GODDARD VETERINARY GROUP: SERVICE PORTFOLIO
TABLE 74. MARS: COMPANY SNAPSHOT
TABLE 75. MARS: OPERATING SEGMENTS
TABLE 76. MARS: SERVICE PORTFOLIO
TABLE 77. NORTHWEST VETERINARY SPECIALISTS: COMPANY SNAPSHOT
TABLE 78. NORTHWEST VETERINARY SPECIALISTS: SERVICE PORTFOLIO
TABLE 79. AMC: COMPANY SNAPSHOT
TABLE 80. AMC: SERVICE PORTFOLIO
TABLE 81. PENN VET: COMPANY SNAPSHOT
TABLE 82. PENN VET: SERVICE PORTFOLIO
TABLE 83. UPPER CANADA ANIMAL HOSPITAL: COMPANY SNAPSHOT
TABLE 84. UPPER CANADA ANIMAL HOSPITAL: SERVICE PORTFOLIO
LIST OF FIGURES
FIGURE 01. VETERINARY ORTHOPEDIC TREATMENT MARKET SEGMENTATION
FIGURE 02. U.S. PET INDUSTRY EXPENDITURE, 2007-2017 ($ BILLIONS)
FIGURE 03. IMPACT ANALYSES, VETERINARY ORTHOPEDIC TREATMENT MARKET
FIGURE 04. COMPARATIVE ANALYSIS OF VETERINARY CRUCIATE LIGAMENT TEAR/CRANIAL CRUCIATE LIGAMENT (CCL) MARKET, BY COUNTRY, 2017 & 2025
FIGURE 05. COMPARATIVE ANALYSIS OF VETERINARY PATELLAR LUXATION MARKET, BY COUNTRY, 2017 & 2025
FIGURE 06. COMPARATIVE ANALYSIS OF VETERINARY HIP DYSPLASIA MARKET, BY COUNTRY, 2017 & 2025
FIGURE 07. COMPARATIVE ANALYSIS OF VETERINARY ELBOW DYSPLASIA MARKET, BY COUNTRY, 2017 & 2025
FIGURE 08. COMPARATIVE ANALYSIS OF VETERINARY BONE FRACTURES MARKET, BY COUNTRY, 2017 & 2025
FIGURE 09. COMPARATIVE ANALYSIS OF VETERINARY OSTEOARTHRITIS MANAGEMENT MARKET, BY COUNTRY, 2017 & 2025
FIGURE 10. COMPARATIVE ANALYSIS OF VETERINARY DOG MARKET, BY COUNTRY, 2017 & 2025 (%)
FIGURE 11. COMPARATIVE ANALYSIS OF VETERINARY CAT MARKET, BY COUNTRY, 2017 & 2025 (%)
FIGURE 12. COMPARATIVE ANALYSIS OF VETERINARY OTHER ANIMAL TYPES MARKET, BY COUNTRY, 2017 & 2025 (%)
FIGURE 13. REST OF LAMEA VETERINARY ORTHOPEDIC TREATMENT MARKET, BY PROCEDURE, 2017-2025
Orthopedic condition in animals can be congenital or could occur due to trauma, obesity, and other reasons. The treatment for every condition is different and may include a surgical procedure in severe cases. The treatment through surgical procedure requires the use of medical devices to support or replace the damaged joints. The treatment also requires the use of certain drugs with the aim of reducing pain and inflammation. There are different orthopedic conditions such as cruciate ligament tear, patellar luxation, elbow dysplasia, and others, which require surgeries for their treatment.
Upsurge in the ownership of companion animals majorly drives the growth of the global market. Factors, such as rise in obesity cases, growth in demand for pet insurance, and increase in animal healthcare expenditure have contributed toward the growth of this market. However, factors such as lack of animal health awareness and high cost of surgeries impede the market growth.
The North America veterinary orthopedics market generated the highest revenue in 2017, owing to rise in ownership of companion animals, followed by Europe and Asia-Pacific. In addition, advancements in therapeutics and diagnostics are anticipated to drive the market growth.
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