VETERINARY ORTHOPEDIC IMPLANTS MARKET ANALYSIS

Regional Analysis

• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East: GCC Countries, Israel, and Rest of Middle East
• Africa: South Africa, North Africa, and Central Africa

Global Veterinary Orthopedic Implants Market – Driver

Increasing adoption of growth strategies

To offer a broader product portfolio the key market players are focused on adopting growth strategies such as acquisitions is expected to drive the global veterinary orthopedic implants market over the forecast period. For instance, in May 2020, Fidelio Capital, an investment company, completed its third acquisition in the veterinary orthopedic business with an agreement to acquire majority ownership of Veterinary Orthopedic Implants (VOI). Together, VOI, BioMedtrix, and KYON form a leading global veterinary orthopedic group that complements and strengthen each other.

Global Veterinary Orthopedic Implants Market- Regional Analysis

Among regions, North America is estimated to hold a dominant position in the global veterinary orthopedic implants market over the forecast period. North America holds 38.7% of the market share. The market is anticipated to increase rapidly over the forecast period due to an increase in the prevalence of Osteoarthritis. For instance, in April 2020, according to an article published in the National Center for Biotechnology Information, There were 63.4 million dog-owning families in the U.S., and osteoarthritis poses a serious danger to the wellbeing of dogs globally. Osteoarthritis prevalence in North America is reported at 20% of all dogs over 1 year of age based on data collected from 200 veterinarians in the year 2020.