High Prevalence of Osteoarthritis in Pets Underscoring Growth in Veterinary Orthopedic Implants Market from 2018 to 2026: TMR

High Prevalence of Osteoarthritis in Pets Underscoring Growth in Veterinary Orthopedic Implants Market from 2018 to 2026: TMR

- By the end of the forecast period, market valuation to reach USD 0.158 bn

PR Newswire

ALBANY, New York, March 17, 2020

- Compound Annual Growth Rate of veterinary orthopedic implant market to be 7.1 % from 2018 to 2026

- Emotional and physical health benefits of pet ownership, driving demand for adoption, propelling growth in market

ALBANY, New York, March 17, 2020 /PRNewswire/ -- In the veterinary orthopedic implant market, robust growth is forecasted owing to multiple factors. A prominent reason supporting this growth is an increase in pet ownership. Besides, as pet role expands from playthings to companions, their health is gaining prominence.

Transparency Market Research Logo

As per Transparency Market Research, "From 2018 to 2026, the global veterinary orthopedic implants market will chart growth at 7.1%, compounded annually, pushing the market worth up to USD 0.16 bn. by the end of the stated period. Increase in adoption of companion animals is fueling growth in the market in a major way."

Gain incisive insights and business intelligence on veterinary orthopedic implant market for the period 2018-2026 in the comprehensive research study prepared by Transparency Market Research, Read Detailed TOC of the Report - https://www.transparencymarketresearch.com/report-toc/53937

Key Findings of Global Veterinary Orthopedic Implant Market

For a detailed analysis of veterinary orthopedic implant market by product, end-user, and region, visit - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=53937

Key Drivers of Growth in the Global Veterinary Orthopedic Implant Market

Growth in global veterinary orthopedic implant market is an outcome of an interplay between a number of trends and drivers, notes Transparency Market Research. A synopsis is provided below:

Key Impediments in Growth of Global Veterinary Orthopedic Implant Market

Despite positive projections, certain restrains would hamper growth in the global veterinary orthopedic implant market. As per Transparency Market Research, high cost of surgeries is a notable one. It would impact market penetration, particularly in emerging economies.

Regional Analysis of Global Veterinary Orthopedic Implant Market

Analyze veterinary orthopedic implant market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study

Competitive Landscape of Global Veterinary Orthopedic Implant Market

Market Segmentation:

Product:

End user:

Region:

Explore Transparency Market Research's award-winning coverage of the global Healthcare industry:

Animal Health Care Market - The global animal healthcare market is likely register a revenue of US$41.9 bn by the end of 2019. In terms of product, the market could find feed additives securing a lion's share by the same year. By region, North America is projected to dominate the market with its larger share.

Hip Replacement Implants Market - The global hip replacement implants market was valued at approximately US$ 7.0 Bn in 2017 and is anticipated to expand at a CAGR of over 3.5% from 2018 to 2026 to reach a value of approximately US$ 9.0 Bn by 2026. The global hip replacement implants market is driven by a rise in demand for hip replacement procedures, increase in government expenditure for the advancement of health care, rise in the incidence of trauma/accidental injuries, and increase in the prevalence of hip-related disorders.

Animal Blood Plasma Products and Derivatives Market - The rising demand for these plasma products and derivatives has changed the dynamics of this market, which accounted for US$1.04 bn in 2015. Analysts estimate the opportunity in this market to increase at a CAGR of 7.10% between 2016 and 2024 and reach a value of US$1.92 bn by the end of 2024. 

Gain access to Market Ngage, an AI-powered, real-time business intelligence that goes beyond the archaic research solutions to solve the complex strategy challenges that organizations face today. With over 15,000+ global and country-wise reports across 50,000+ application areas, Market Ngage is your tool for research on-the-go. From tracking new investment avenues to keeping a track of your competitor's moves, Market Ngage provides you with all the essential information to up your strategic game. Power your business with Market Ngage's actionable insights and remove the guesswork in making colossal decisions.

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision."

Contact:
Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

LOGO: https://mma.prnewswire.com/media/1085206/Transparency_Market_Research_Logo.jpg  

Voltar noticias em Inglês