Denmark Veterinary Orthopedic Medicine Market Size & Outlook
Denmark veterinary orthopedic medicine market, 2018-2030 (US$M)
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Denmark veterinary orthopedic medicine market highlights
- The Denmark veterinary orthopedic medicine market generated a revenue of USD 11.5 million in 2023 and is expected to reach USD 23.1 million by 2030.
- The Denmark market is expected to grow at a CAGR of 10.5% 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 11.5 million |
| Market revenue in 2030 | USD 23.1 million |
| Growth rate | 10.5% (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, Denmark accounted for 0.7% 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 Europe, UK veterinary orthopedic medicine market is projected to lead the regional market in terms of revenue in 2030.
- Denmark is the fastest growing regional market in Europe and is projected to reach USD 23.1 million by 2030.
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Veterinary Orthopedic Medicine Market Scope
Veterinary Orthopedic Medicine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Denmark 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 46.96% in 2023. Horizon Databook has segmented the Denmark veterinary orthopedic medicine market based on biologics, viscosupplements, pharmaceuticals covering the revenue growth of each sub-segment from 2018 to 2030.
The rising incidence of keel bone fractures in laying hens fuels demand in the country's veterinary orthopedic medicine sector. In March 2020, PLOS published an article that reported that keel bone fractures in laying hens have become more common in many countries over the past 20 years.
This problem is considered one of the most severe welfare concerns in the layer business. In Denmark, the fracture prevalence in flocks from cage-free systems ranges from 53% to 100%, while the fracture prevalence in flocks from enriched cages ranges from 50% to 98%.
The study's pathological analysis of fractures in birds from various production methods has addressed potential pathophysiology of these fractures. A CT scan and histopathological analysis have been performed on over 60 fractured keel bones. This involved evaluating the damage to the bone, muscles, & soft tissues and the healing process, including the development of calluses.
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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 Denmark veterinary orthopedic medicine market, including forecasts for subscribers. This country databook contains high-level insights into Denmark veterinary orthopedic medicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Denmark veterinary orthopedic medicine market report size, by product, 2018-2030 (US$M)
Denmark Veterinary Orthopedic Medicine Market Share, 2023 & 2030 (US$M)
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