Orthopedic Veterinary Implants Market To Ride On Technological Advancements

Posted by Merin John on June 17th, 2021

A recent report by Grey2K USA suggests that more than 14,000 injuries were reported at Greyhound racing in the U.S. between 2008 and 2016. These injuries mainly included broken legs, crushed skulls, seizures, paralysis, and broken backs. According to the American Veterinary Medical Association (AVMA), the percent of dogs and cats owned by households is 36.5% and 30.4%, respectively.

While this clearly depicts the increasing need for medical services and treatment for pets, the demand for orthopedic veterinary implants is set to see remarkable rise in the near future. Increasing focus on pet health insurance is also identified as an important factor driving the market for orthopedic veterinary implants. The global orthopedic veterinary implants market will exhibit a robust CAGR of over 8% during the forecast period (2019 – 2029).

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Company Profiles

  •          Vet Implants
  •          scil animal care company GmbH
  •          KYON Pharma, Inc.
  •          Everost Inc.
  •          BioMedtrix, LLC
  •          Integra LifeSciences
  •          RITA LEIBINGER MEDICAL GmbH & Co. KG
  •          B. Braun Melsungen AG
  •          DePuy Synthes (Sub. Johnson & Johnson Services, Inc.)
  •          Intrauma S.p.A.
  •          Surgical Holdings
  •          Ortho Max Manufacturing Company Pvt. Ltd. Novartis AG

Strategic Partnerships – Winning Imperative for Market Participants

Manufacturers in emerging countries are focusing on strategic collaboration or alliance with regional players as well as local distributors to increase their footprint. For example, BioMedtrix collaborated with Laboratorios Macrimasa-Vet in January 2019 for distribution of its TPLO Curve, Universal Hip (including Micro & Nano Hip), I-Loc IM Fixator in Spain.

In March 2016, DePuy Synthes (part of the Johnson & Johnson) entered into an exclusive strategic alliance with Value Stream Partners, LLC to design, develop and implement programs for hip and knee replacements.

Know More About the Report

Persistence Market Research offers a unique perspective and actionable insights on orthopedic veterinary implants in its latest study, presenting historical demand assessment from 2014 – 2018 and projections from 2019 – 2029.

The global orthopedic veterinary implants market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader

The study provides compelling insights on orthopedic veterinary implants market on basis of product type (total knee replacement, total hip replacement, trauma fixations, tibial tuberosity advancement implants, tibial plateau leveling osteotomy implants, advanced locking plate system, total elbow replacement), End User (veterinary hospitals, veterinary clinics) and across five major regions.

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Merin John

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Merin John
Joined: December 11th, 2020
Articles Posted: 262

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