The Global Veterinary Orthopedic Implants Market size is expected to reach $136.8 Million by 2028, rising at a market growth of 4.5% CAGR during the forecast period.
The purpose of an orthopedic implant is to restore the function of a damaged bone structure. It is also used to treat bone fractures and several orthopedic conditions, including shattered bones and joints. In animals, orthopedic implants are utilized for bone fractures and treat arthritis, and other orthopedic conditions. Included are plastic-coated blocks, screws, tubes, and pins comprised of surgical stainless steel.
As the number of individuals who own pets continues to rise, the need for veterinary services is soaring. People are prepared to spend money on their dogs' health and welfare, which is increasing the need for animal health and welfare products. An orthopedic implant is a device that is used to replace a joint, bone, or cartilage that has been destroyed or distorted due to an injury or deformity, such as a broken leg, amputation, or congenital handicap.
In orthopedic implants, stainless steel, cobalt-based alloys, and titanium are utilized as metals. Sometimes, stainless steel is utilized to restore structures that have degraded over time or been damaged. One example is replacing bone tissue that has degraded due to osteoporosis. Veterinary orthopedic equipment is specialist surgical tools used to treat animals by veterinarians.
These tools are costly to acquire and maintain. They are utilized during traumas and repairs of the cruciate ligament and frequently demand high precision. This device has several advantages. They can boost the surgical capabilities of veterinarians. Utilizing sophisticated orthopedic tools will aid veterinarians in providing superior patient care. In addition to enhancing existing surgical powers, these tools can help them acquire new clientele. In addition, veterinary orthopedic surgeons will be able to offer more services, which will increase their businesses.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Vimian Group AB, Integra LifeSciences Holdings Corporation, B. Braun Melsungen AG, Johnson & Johnson, OrthoMed, Inc., Arthrex, Inc., Auxein Medical Pvt. Ltd., Ortho Max Mfg. Co. Pvt. Ltd., BLUESAO Co., Ltd., and Narang Medical Limited.
The purpose of an orthopedic implant is to restore the function of a damaged bone structure. It is also used to treat bone fractures and several orthopedic conditions, including shattered bones and joints. In animals, orthopedic implants are utilized for bone fractures and treat arthritis, and other orthopedic conditions. Included are plastic-coated blocks, screws, tubes, and pins comprised of surgical stainless steel.
As the number of individuals who own pets continues to rise, the need for veterinary services is soaring. People are prepared to spend money on their dogs' health and welfare, which is increasing the need for animal health and welfare products. An orthopedic implant is a device that is used to replace a joint, bone, or cartilage that has been destroyed or distorted due to an injury or deformity, such as a broken leg, amputation, or congenital handicap.
In orthopedic implants, stainless steel, cobalt-based alloys, and titanium are utilized as metals. Sometimes, stainless steel is utilized to restore structures that have degraded over time or been damaged. One example is replacing bone tissue that has degraded due to osteoporosis. Veterinary orthopedic equipment is specialist surgical tools used to treat animals by veterinarians.
These tools are costly to acquire and maintain. They are utilized during traumas and repairs of the cruciate ligament and frequently demand high precision. This device has several advantages. They can boost the surgical capabilities of veterinarians. Utilizing sophisticated orthopedic tools will aid veterinarians in providing superior patient care. In addition to enhancing existing surgical powers, these tools can help them acquire new clientele. In addition, veterinary orthopedic surgeons will be able to offer more services, which will increase their businesses.
COVID-19 Impact Analysis
The limited availability of medical care, shortage of animal care working professionals, rise in the burden of COVID-19 patients in hospitals, and costly orthopedic implant procedures have also restricting the development of the market. During the pandemic, the cases of treatment of animals with orthopedic disease have decreased, but the insufficient supply of personal protective equipment for veterinaries, limited capacity of hospitals, and shortage of point-of-care testing devices have also negatively impacted the treatment of animals. As a result of all this, the market has been negatively impacted due to COVID-19 pandemic.Market Growth Factors
Rising occurrence of orthopedic problems in pets
Adequate nutrition is essential for the growth of the bones, but poor nutrition and high calcium level can have a negative effect on the animal. Disorders such as cruciate ligament tears, osteochondritis, and hip dysplasia need surgery to treat, but surgery is not effective in all conditions, and other procedures are employed to ease the pain and increase the range of the movement of animals. Therefore, the rising orthopedic issues in animals are expected to flourish the growth of the veterinary orthopedic implants market.Developing veterinary healthcare infrastructure
Pastoral communities did not have access to veterinary services because livestock health was considered a private good. However, the supply of veterinary medications and vaccines has increased due to privatization for farming areas in the periphery of cities that can afford the extra expense of private treatment. There are instances where private sector participation has helped in disease control. The veterinary orthopaedic implants market is expected to grow at a rapid rate due to rising demand and the increasing availability of veterinary facilities.Market Restraining Factors
High expenses of orthopedic implants surgery
Orthopedic implant surgery is a highly effective surgery for the treatment of broken bones or joints and helps the patient to recover. Orthopedic implant surgery requires sufficient time for recovery and rehabilitation, which makes this procedure highly expensive. The overall cost relies on the type of procedure the veterinarian is providing and the condition of the dog suffering from. If the owner of the pet is financially not good and is not ready for the time taken for the recovery process, then they are not willing to go for the orthopedic implant procedure. As a result, the high cost of such surgeries may restrict the market growth during the projection period.Product Type Outlook
On the basis of product type, the veterinary orthopedic implants market is segmented into plates, screws, and others. In 2021, the plates segment registered the maximum revenue share in the veterinary orthopedic implants market. The easy availability, affordability, and rise in the research & development activity in the medical devices industry are surging the growth of this segment. Furthermore, the advancements in the technology to produce high-quality and biologically suitable plates are escalating the growth in the plates segment.Application Outlook
By application, the veterinary orthopedic implants market is fragmented into cruciate ligament rupture, bone fractures, elbow dysplasia, hip dysplasia and others. In 2021, the bone fractures segment covered a substantial revenue share in the veterinary orthopedic implants market. Bone is a unique tissue that can recover itself after damage. But, there are a few incidents of fractures that require clinical treatments for the proper alignment and healing of damage to the bone. There is a requirement for careful consideration of the material used to create the implants to treat bone fractures.End User Outlook
Based on end user, the veterinary orthopedic implants market is classified into hospital, clinics, and others. In 2021, the clinics segment recorded a remarkable revenue share in the veterinary orthopedic implant market. Because of the requirement for quick treatments of pets, people are actively looking for clinics to avoid the long queues in hospitals. Also, people are choosing clinics over hospitals for the regular check-up and vaccination of their pets. Thus, this demand from high-profile pet owners is anticipated to propel the growth of the veterinary orthopedic implants market.Regional Outlook
Region wise, the veterinary orthopedic implants market is analyzed across North America, Europe, Asia Pacific, and LAMEA region. In 2021, the North America region held the highest revenue share in the veterinary orthopedic implants market. The presence of major business players and the enhancements in manufacturing technology of veterinary implants in the region is surging the growth of the market in this region. Furthermore, the rise in concern about maintaining a healthy lifestyle for animals among people, the increasing pet population, and the demand for orthopedic implants are factors supporting the market growth significantly.The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Vimian Group AB, Integra LifeSciences Holdings Corporation, B. Braun Melsungen AG, Johnson & Johnson, OrthoMed, Inc., Arthrex, Inc., Auxein Medical Pvt. Ltd., Ortho Max Mfg. Co. Pvt. Ltd., BLUESAO Co., Ltd., and Narang Medical Limited.
Scope of the Study
Market Segments Covered in the Report:
By End User
- Hospital
- Clinics
- Others
By Product Type
- Plates
- Screws
- Others
By Application
- Cruciate Ligament Rupture
- Bone Fractures
- Hip Dysplasia
- Elbow Dysplasia
- Others
By Geography
North America
- US
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Vimian Group AB
- Integra LifeSciences Holdings Corporation
- B.Braun Melsungen AG
- Johnson & Johnson
- OrthoMed, Inc
- Arthrex, Inc
- Auxein Medical Pvt. Ltd
- Ortho Max Mfg. Co. Pvt. Ltd
- BLUESAO Co., Ltd
- Narang Medical Limited
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
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- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Veterinary Orthopedic Implants Market, by End User
1.4.2 Global Veterinary Orthopedic Implants Market, by Product Type
1.4.3 Global Veterinary Orthopedic Implants Market, by Application
1.4.4 Global Veterinary Orthopedic Implants Market, by Geography
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Global Veterinary Orthopedic Implants Market by End User
3.1 Global Hospital Market by Region
3.2 Global Clinics Market by Region
3.3 Global Others Market by Region
Chapter 4. Global Veterinary Orthopedic Implants Market by Product Type
4.1 Global Plates Market by Region
4.2 Global Screws Market by Region
4.3 Global Others Market by Region
Chapter 5. Global Veterinary Orthopedic Implants Market by Application
5.1 Global Cruciate Ligament Rupture Market by Region
5.2 Global Bone Fractures Market by Region
5.3 Global Hip Dysplasia Market by Region
5.4 Global Elbow Dysplasia Market by Region
5.5 Global Others Market by Region
Chapter 6. Global Veterinary Orthopedic Implants Market by Region
6.1 North America Veterinary Orthopedic Implants Market
6.1.1 North America Veterinary Orthopedic Implants Market by End User
6.1.1.1 North America Hospital Market by Country
6.1.1.2 North America Clinics Market by Country
6.1.1.3 North America Others Market by Country
6.1.2 North America Veterinary Orthopedic Implants Market by Product Type
6.1.2.1 North America Plates Market by Country
6.1.2.2 North America Screws Market by Country
6.1.2.3 North America Others Market by Country
6.1.3 North America Veterinary Orthopedic Implants Market by Application
6.1.3.1 North America Cruciate Ligament Rupture Market by Country
6.1.3.2 North America Bone Fractures Market by Country
6.1.3.3 North America Hip Dysplasia Market by Country
6.1.3.4 North America Elbow Dysplasia Market by Country
6.1.3.5 North America Others Market by Country
6.1.4 North America Veterinary Orthopedic Implants Market by Country
6.1.4.1 US Veterinary Orthopedic Implants Market
6.1.4.1.1 US Veterinary Orthopedic Implants Market by End User
6.1.4.1.2 US Veterinary Orthopedic Implants Market by Product Type
6.1.4.1.3 US Veterinary Orthopedic Implants Market by Application
6.1.4.2 Canada Veterinary Orthopedic Implants Market
6.1.4.2.1 Canada Veterinary Orthopedic Implants Market by End User
6.1.4.2.2 Canada Veterinary Orthopedic Implants Market by Product Type
6.1.4.2.3 Canada Veterinary Orthopedic Implants Market by Application
6.1.4.3 Mexico Veterinary Orthopedic Implants Market
6.1.4.3.1 Mexico Veterinary Orthopedic Implants Market by End User
6.1.4.3.2 Mexico Veterinary Orthopedic Implants Market by Product Type
6.1.4.3.3 Mexico Veterinary Orthopedic Implants Market by Application
6.1.4.4 Rest of North America Veterinary Orthopedic Implants Market
6.1.4.4.1 Rest of North America Veterinary Orthopedic Implants Market by End User
6.1.4.4.2 Rest of North America Veterinary Orthopedic Implants Market by Product Type
6.1.4.4.3 Rest of North America Veterinary Orthopedic Implants Market by Application
6.2 Europe Veterinary Orthopedic Implants Market
6.2.1 Europe Veterinary Orthopedic Implants Market by End User
6.2.1.1 Europe Hospital Market by Country
6.2.1.2 Europe Clinics Market by Country
6.2.1.3 Europe Others Market by Country
6.2.2 Europe Veterinary Orthopedic Implants Market by Product Type
6.2.2.1 Europe Plates Market by Country
6.2.2.2 Europe Screws Market by Country
6.2.2.3 Europe Others Market by Country
6.2.3 Europe Veterinary Orthopedic Implants Market by Application
6.2.3.1 Europe Cruciate Ligament Rupture Market by Country
6.2.3.2 Europe Bone Fractures Market by Country
6.2.3.3 Europe Hip Dysplasia Market by Country
6.2.3.4 Europe Elbow Dysplasia Market by Country
6.2.3.5 Europe Others Market by Country
6.2.4 Europe Veterinary Orthopedic Implants Market by Country
6.2.4.1 Germany Veterinary Orthopedic Implants Market
6.2.4.1.1 Germany Veterinary Orthopedic Implants Market by End User
6.2.4.1.2 Germany Veterinary Orthopedic Implants Market by Product Type
6.2.4.1.3 Germany Veterinary Orthopedic Implants Market by Application
6.2.4.2 UK Veterinary Orthopedic Implants Market
6.2.4.2.1 UK Veterinary Orthopedic Implants Market by End User
6.2.4.2.2 UK Veterinary Orthopedic Implants Market by Product Type
6.2.4.2.3 UK Veterinary Orthopedic Implants Market by Application
6.2.4.3 France Veterinary Orthopedic Implants Market
6.2.4.3.1 France Veterinary Orthopedic Implants Market by End User
6.2.4.3.2 France Veterinary Orthopedic Implants Market by Product Type
6.2.4.3.3 France Veterinary Orthopedic Implants Market by Application
6.2.4.4 Russia Veterinary Orthopedic Implants Market
6.2.4.4.1 Russia Veterinary Orthopedic Implants Market by End User
6.2.4.4.2 Russia Veterinary Orthopedic Implants Market by Product Type
6.2.4.4.3 Russia Veterinary Orthopedic Implants Market by Application
6.2.4.5 Spain Veterinary Orthopedic Implants Market
6.2.4.5.1 Spain Veterinary Orthopedic Implants Market by End User
6.2.4.5.2 Spain Veterinary Orthopedic Implants Market by Product Type
6.2.4.5.3 Spain Veterinary Orthopedic Implants Market by Application
6.2.4.6 Italy Veterinary Orthopedic Implants Market
6.2.4.6.1 Italy Veterinary Orthopedic Implants Market by End User
6.2.4.6.2 Italy Veterinary Orthopedic Implants Market by Product Type
6.2.4.6.3 Italy Veterinary Orthopedic Implants Market by Application
6.2.4.7 Rest of Europe Veterinary Orthopedic Implants Market
6.2.4.7.1 Rest of Europe Veterinary Orthopedic Implants Market by End User
6.2.4.7.2 Rest of Europe Veterinary Orthopedic Implants Market by Product Type
6.2.4.7.3 Rest of Europe Veterinary Orthopedic Implants Market by Application
6.3 Asia Pacific Veterinary Orthopedic Implants Market
6.3.1 Asia Pacific Veterinary Orthopedic Implants Market by End User
6.3.1.1 Asia Pacific Hospital Market by Country
6.3.1.2 Asia Pacific Clinics Market by Country
6.3.1.3 Asia Pacific Others Market by Country
6.3.2 Asia Pacific Veterinary Orthopedic Implants Market by Product Type
6.3.2.1 Asia Pacific Plates Market by Country
6.3.2.2 Asia Pacific Screws Market by Country
6.3.2.3 Asia Pacific Others Market by Country
6.3.3 Asia Pacific Veterinary Orthopedic Implants Market by Application
6.3.3.1 Asia Pacific Cruciate Ligament Rupture Market by Country
6.3.3.2 Asia Pacific Bone Fractures Market by Country
6.3.3.3 Asia Pacific Hip Dysplasia Market by Country
6.3.3.4 Asia Pacific Elbow Dysplasia Market by Country
6.3.3.5 Asia Pacific Others Market by Country
6.3.4 Asia Pacific Veterinary Orthopedic Implants Market by Country
6.3.4.1 China Veterinary Orthopedic Implants Market
6.3.4.1.1 China Veterinary Orthopedic Implants Market by End User
6.3.4.1.2 China Veterinary Orthopedic Implants Market by Product Type
6.3.4.1.3 China Veterinary Orthopedic Implants Market by Application
6.3.4.2 Japan Veterinary Orthopedic Implants Market
6.3.4.2.1 Japan Veterinary Orthopedic Implants Market by End User
6.3.4.2.2 Japan Veterinary Orthopedic Implants Market by Product Type
6.3.4.2.3 Japan Veterinary Orthopedic Implants Market by Application
6.3.4.3 India Veterinary Orthopedic Implants Market
6.3.4.3.1 India Veterinary Orthopedic Implants Market by End User
6.3.4.3.2 India Veterinary Orthopedic Implants Market by Product Type
6.3.4.3.3 India Veterinary Orthopedic Implants Market by Application
6.3.4.4 South Korea Veterinary Orthopedic Implants Market
6.3.4.4.1 South Korea Veterinary Orthopedic Implants Market by End User
6.3.4.4.2 South Korea Veterinary Orthopedic Implants Market by Product Type
6.3.4.4.3 South Korea Veterinary Orthopedic Implants Market by Application
6.3.4.5 Singapore Veterinary Orthopedic Implants Market
6.3.4.5.1 Singapore Veterinary Orthopedic Implants Market by End User
6.3.4.5.2 Singapore Veterinary Orthopedic Implants Market by Product Type
6.3.4.5.3 Singapore Veterinary Orthopedic Implants Market by Application
6.3.4.6 Malaysia Veterinary Orthopedic Implants Market
6.3.4.6.1 Malaysia Veterinary Orthopedic Implants Market by End User
6.3.4.6.2 Malaysia Veterinary Orthopedic Implants Market by Product Type
6.3.4.6.3 Malaysia Veterinary Orthopedic Implants Market by Application
6.3.4.7 Rest of Asia Pacific Veterinary Orthopedic Implants Market
6.3.4.7.1 Rest of Asia Pacific Veterinary Orthopedic Implants Market by End User
6.3.4.7.2 Rest of Asia Pacific Veterinary Orthopedic Implants Market by Product Type
6.3.4.7.3 Rest of Asia Pacific Veterinary Orthopedic Implants Market by Application
6.4 LAMEA Veterinary Orthopedic Implants Market
6.4.1 LAMEA Veterinary Orthopedic Implants Market by End User
6.4.1.1 LAMEA Hospital Market by Country
6.4.1.2 LAMEA Clinics Market by Country
6.4.1.3 LAMEA Others Market by Country
6.4.2 LAMEA Veterinary Orthopedic Implants Market by Product Type
6.4.2.1 LAMEA Plates Market by Country
6.4.2.2 LAMEA Screws Market by Country
6.4.2.3 LAMEA Others Market by Country
6.4.3 LAMEA Veterinary Orthopedic Implants Market by Application
6.4.3.1 LAMEA Cruciate Ligament Rupture Market by Country
6.4.3.2 LAMEA Bone Fractures Market by Country
6.4.3.3 LAMEA Hip Dysplasia Market by Country
6.4.3.4 LAMEA Elbow Dysplasia Market by Country
6.4.3.5 LAMEA Others Market by Country
6.4.4 LAMEA Veterinary Orthopedic Implants Market by Country
6.4.4.1 Brazil Veterinary Orthopedic Implants Market
6.4.4.1.1 Brazil Veterinary Orthopedic Implants Market by End User
6.4.4.1.2 Brazil Veterinary Orthopedic Implants Market by Product Type
6.4.4.1.3 Brazil Veterinary Orthopedic Implants Market by Application
6.4.4.2 Argentina Veterinary Orthopedic Implants Market
6.4.4.2.1 Argentina Veterinary Orthopedic Implants Market by End User
6.4.4.2.2 Argentina Veterinary Orthopedic Implants Market by Product Type
6.4.4.2.3 Argentina Veterinary Orthopedic Implants Market by Application
6.4.4.3 UAE Veterinary Orthopedic Implants Market
6.4.4.3.1 UAE Veterinary Orthopedic Implants Market by End User
6.4.4.3.2 UAE Veterinary Orthopedic Implants Market by Product Type
6.4.4.3.3 UAE Veterinary Orthopedic Implants Market by Application
6.4.4.4 Saudi Arabia Veterinary Orthopedic Implants Market
6.4.4.4.1 Saudi Arabia Veterinary Orthopedic Implants Market by End User
6.4.4.4.2 Saudi Arabia Veterinary Orthopedic Implants Market by Product Type
6.4.4.4.3 Saudi Arabia Veterinary Orthopedic Implants Market by Application
6.4.4.5 South Africa Veterinary Orthopedic Implants Market
6.4.4.5.1 South Africa Veterinary Orthopedic Implants Market by End User
6.4.4.5.2 South Africa Veterinary Orthopedic Implants Market by Product Type
6.4.4.5.3 South Africa Veterinary Orthopedic Implants Market by Application
6.4.4.6 Nigeria Veterinary Orthopedic Implants Market
6.4.4.6.1 Nigeria Veterinary Orthopedic Implants Market by End User
6.4.4.6.2 Nigeria Veterinary Orthopedic Implants Market by Product Type
6.4.4.6.3 Nigeria Veterinary Orthopedic Implants Market by Application
6.4.4.7 Rest of LAMEA Veterinary Orthopedic Implants Market
6.4.4.7.1 Rest of LAMEA Veterinary Orthopedic Implants Market by End User
6.4.4.7.2 Rest of LAMEA Veterinary Orthopedic Implants Market by Product Type
6.4.4.7.3 Rest of LAMEA Veterinary Orthopedic Implants Market by Application
Chapter 7. Company Profiles
7.1 Vimian Group AB
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Recent strategies and developments:
7.1.4.1 Acquisition and Mergers:
7.1.4.2 Geographical Expansions:
7.2 Integra LifeSciences Holdings Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Acquisition and Mergers:
7.3 B. Braun Melsungen AG
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.4 Johnson & Johnson
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental &Regional Analysis
7.4.4 Research & Development Expenses
7.5 OrthoMed, Inc.
7.5.1 Company Overview
7.6 Arthrex, Inc.
7.6.1 Company Overview
7.7 Auxein Medical Pvt. Ltd.
7.7.1 Company Overview
7.8 Ortho Max Mfg. Co. Pvt. Ltd.
7.8.1 Company Overview
7.9 BLUESAO Co., Ltd.
7.9.1 Company Overview
7.10. Narang Medical Limited
7.10.1 Company Overview
Companies Mentioned
- Vimian Group AB
- Integra LifeSciences Holdings Corporation
- B. Braun Melsungen AG
- Johnson & Johnson
- OrthoMed, Inc.
- Arthrex, Inc.
- Auxein Medical Pvt. Ltd.
- Ortho Max Mfg. Co. Pvt. Ltd.
- BLUESAO Co., Ltd.
- Narang Medical Limited
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 212 |
| Published | January 2023 |
| Forecast Period | 2021 - 2028 |
| Estimated Market Value ( USD | $ 101.4 Million |
| Forecasted Market Value ( USD | $ 136.8 Million |
| Compound Annual Growth Rate | 4.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
