Implant are devices placed inside or on the body's surface to replace a damaged body part. Various orthopedic implants are required for bones and joints injuries. Injuries take place due to accidents, diseases, etc. The implants help in joint replacement for the treatment of various diseases and injuries among dogs, cats. Although animal injuries heal rapidly, orthopedic surgeries are needed for healing the cracked bones. The veterinarians decide the type of implant to be used based on the type of fracture.
MARKET SCOPE
The "Global Dog Joint Implant Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the dog joint implant market with detailed market segmentation by product type, end user, and geography. The report provides key statistics on the market status of the leading dog joint implant market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
-Based on product type, the global dog joint implant market is segmented into hip implant, knee implant and elbow implant.
-On the basis of end-users, the market is bifurcated into small breed dogs and larger breed dogs.
MARKET DYNAMICS
Drivers
-The rising incidence of obesity and arthritis among dogs and the increasing number of dogs suffering from bone fractures, road accidents, and sports-related injuries drive the dog joint implant market growth.
-Rising expenditure on pets for better health and the growing number of joint implant surgeries for dogs boost the market growth.
-Increasing awareness among dog owners will fuel market growth.
-Growing research and development activities and technological innovations propel market growth.
Restraints
-High cost of orthopedic surgery.
-Low presence of veterinary clinics and hospitals in emerging economies.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The dog joint implant market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the dog joint implant market in these regions.
IMPACT OF COVID-19 ON DOG JOINT IMPLANT MARKET
COVID-19 first began in Wuhan (China) during December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The coronavirus pandemic outbreak had a significant impact on the veterinary orthopedic implants market. Veterinary orthopedic implants are required to treat various orthopedic diseases in animals such as dogs and cats, which might be delayed due to the pandemic. To reduce virus transmission, appointments and surgeries were either postponed or canceled. The output of many manufacturers declined due to the closure of factories, lockdowns at the national level, and supply chain disruptions. Also, during this pandemic, demand for treatment of animals with orthopedic diseases has not reduced, but the inadequate supply of resources and lack of point-of-care testing devices have negatively impacted the treatment of these animals to some extent.
MARKET PLAYERS
The report covers key developments in the dog joint implant market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from dog joint implant market are anticipated to have lucrative growth opportunities in the future with the rising demand for dog joint implant in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the dog joint implant market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
-Biomedtrix
-KYON
-Biosurgex
-Bluesao
-B.Braun Vet Care
-Innoplant Medizintechnik GmbH
-Orthomed
-DePuy Synthes Vet
-Jindal Medi Surge
-Securos Surgical
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.