Argentina Veterinary Orthopedic Medicine Market Size & Outlook
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Argentina veterinary orthopedic medicine market highlights
- The Argentina veterinary orthopedic medicine market generated a revenue of USD 15.1 million in 2023 and is expected to reach USD 27.7 million by 2030.
- The Argentina market is expected to grow at a CAGR of 9.1% from 2024 to 2030.
- In terms of segment, pharmaceuticals was the largest revenue generating product in 2023.
- Viscosupplements is the most lucrative product segment registering the fastest growth during the forecast period.
Veterinary orthopedic medicine market data book summary
| Market revenue in 2023 | USD 15.1 million |
| Market revenue in 2030 | USD 27.7 million |
| Growth rate | 9.1% (CAGR from 2023 to 2030) |
| Largest segment | Pharmaceuticals |
| Fastest growing segment | Viscosupplements |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Biologics, Viscosupplements, Pharmaceuticals |
| Key market players worldwide | Zoetis Inc Class A, Boehringer Ingelheim, Elanco Animal Health Inc, Daiichi Sankyo Co Ltd, Merck & Co Inc, Vetoquinol SA, Ceva Santé Animale, Virbac SA, Biogenesis Bago, Ardent Health Services, Biomerica Inc, PetVivo Holdings, Contipro, Medrego, Hyalogic |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.9% of the global veterinary orthopedic medicine market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil veterinary orthopedic medicine market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 88.6 million by 2030.
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Veterinary Orthopedic Medicine Market Scope
Veterinary Orthopedic Medicine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hyalogic | View profile | 11-50 | Riverside, Missouri, United States, North America | https://hyalogic.com |
| Medrego | View profile | 1-10 | Riga, Riga, Latvia, Europe | https://www.medrego.com/ |
| Contipro | View profile | - | Dolni Dobrouc, Pardubicky kraj, Czech Republic, Europe | https://www.contipro.com/ |
| PetVivo Holdings | View profile | 11-50 | Edina, Missouri, United States, North America | http://petvivo.com/ |
| Biogenesis Bago | View profile | 501-1000 | Garín, Buenos Aires, Argentina, South America | https://www.biogenesisbago.com/en/ |
| Ceva Santé Animale | View profile | 5001-10000 | Libourne, Aquitaine, France, Europe | https://www.ceva.us |
| Ardent Health Services | View profile | 10001+ | Nashville, Tennessee, United States, North America | http://ardenthealth.com |
| Daiichi Sankyo Co Ltd | View profile | 17435 | 3-5-1, Nihonbashi-honcho, Chuo-ku, Tokyo, Japan, 103-8426 | https://www.daiichisankyo.com |
| Biomerica Inc | View profile | 62 | 17571 Von Karman Avenue, Irvine, CA, United States, 92614 | https://www.biomerica.com |
| Vetoquinol SA | View profile | 2483 | Magny-Vernois, BP 189, Lure cedex, France, 70204 | http://www.vetoquinol.com |
| Boehringer Ingelheim | View profile | 10001+ | Ingelheim Am Rhein, Rheinland-Pfalz, Germany, Europe | https://www.boehringer-ingelheim.com/ |
| Elanco Animal Health Inc | View profile | 9800 | 2500 Innovation Way, Greenfield, IN, United States, 46140 | https://www.elanco.com |
| Merck & Co Inc | View profile | 72000 | 126 East Lincoln Avenue, Rahway, NJ, United States, 07065 | https://www.merck.com |
| Virbac SA | View profile | 5400 | 2065m LID, 1 ere avenue, Carros, France, 06516 | https://www.virbac.com |
| Zoetis Inc Class A | View profile | 14100 | 10 Sylvan Way, Parsippany, NJ, United States, 07054 | https://www.zoetis.com |
Argentina veterinary orthopedic medicine market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to veterinary orthopedic medicine market will help companies and investors design strategic landscapes.
Pharmaceuticals was the largest segment with a revenue share of 46.36% in 2023. Horizon Databook has segmented the Argentina veterinary orthopedic medicine market based on biologics, viscosupplements, pharmaceuticals covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing pet adoption and ownership have contributed to market growth. With more pets being kept as companions, there is a significant need for veterinary services, including orthopedic care. Pets, like humans, can experience orthopedic issues such as fractures, ligament injuries, arthritis, and hip dysplasia.
As a result, there is a growing demand for specialized orthopedic treatments and surgeries. For instance, 86% of households in Argentina own a pet, most often a dog or cat. In addition, industry participants continuously invest in research and development projects to launch effective medications.
Furthermore, they are expanding globally through various market approaches, including collaborations, partnerships, and sales contracts.
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Target buyers of Argentina veterinary orthopedic medicine market databook
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Our clientele includes a mix of veterinary orthopedic medicine market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina veterinary orthopedic medicine market, including forecasts for subscribers. This country databook contains high-level insights into Argentina veterinary orthopedic medicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina veterinary orthopedic medicine market report size, by biologics, 2018-2030 (US$M)
Argentina Veterinary Orthopedic Medicine Market Share, 2023 & 2030 (US$M)
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