The global demand for Animal Ortho-Prosthetics Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Animal ortho-prosthetics is a medical device attached externally to the body of an animal to support, align, prevent or correct deformity, assist weak muscles, or compensate for a missing or amputated leg segment. Since animals' biomechanical design differs from humans, it's important to examine thoroughly before opting for an ortho-prosthesis. These ortho-prosthetics are available for animals like dogs, cats, horses, llamas, and an orangutan. It is necessary to consider how the ortho-prosthetic sits on the body carefully, the quality of the material used, and the product's functionality to ensure the health and wellness of the animal receiving it.
Market Dynamics
The increased adoption of pets and growing concern about pets' health is the primary trending factor for market growth. The rising cases of orthopedic disease among animals will benefit market growth. High disposable income and increased expenses on pet care among the global population will further propel market growth. The increased investments in veterinary medicine, improvements in diagnostics, emphasis on wellness and prevention of diseases in pets, and growing awareness about pet care's importance will boost the market growth. The advancements in technology and the development of 3D printed prosthetics for animals will be a market booster. The main hindrance to the growth of this market is the high costs of these ortho-prosthetics.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of animal ortho-prosthetics. The growth and trends of animal ortho-prosthetics industry provide a holistic approach to this study.
Market Segmentation
This section of the animal ortho-prosthetics market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Animal Type
By Product
By End User
- Veterinary Hospitals
- Prosthetics Clinics
- Veterinary Rehabilitation Centers
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Animal Ortho-Prosthetics market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Animal Ortho-Prosthetics Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the animal ortho-prosthetics market include OrthoPets LLC, Fusion Implants, Integra LifeSciences, Orthomed (UK) Ltd, BioMedtrix LLC, Veterinary Orthopedic Implants, EVEROST INC., KYON Pharma, Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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