Japan Veterinary Orthopedic Medicine Market Size & Outlook
Japan veterinary orthopedic medicine market, 2018-2030 (US$M)
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Japan veterinary orthopedic medicine market highlights
- The Japan veterinary orthopedic medicine market generated a revenue of USD 57.9 million in 2023 and is expected to reach USD 106.9 million by 2030.
- The Japan market is expected to grow at a CAGR of 9.2% 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 57.9 million |
| Market revenue in 2030 | USD 106.9 million |
| Growth rate | 9.2% (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, Japan accounted for 3.6% 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 Asia Pacific, China veterinary orthopedic medicine market is projected to lead the regional market in terms of revenue in 2030.
- Thailand is the fastest growing regional market in Asia Pacific and is projected to reach USD 11.1 million by 2030.
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Veterinary Orthopedic Medicine Market Scope
Veterinary Orthopedic Medicine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan 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 45.42% in 2023. Horizon Databook has segmented the Japan veterinary orthopedic medicine market based on biologics, viscosupplements, pharmaceuticals covering the revenue growth of each sub-segment from 2018 to 2030.
The presence of veterinary hospitals plays a significant role in driving veterinary orthopedic medicine market in Japan. Veterinary hospitals serve as crucial centers for providing medical care to animals, including orthopedic procedures.
For instance, Ortho Pets animal clinic in Japan focuses on arthritis, complex bone fractures, joint malalignments, orthopedic joint operations, and regenerative medicine. Veterinary clinics frequently feature specialized divisions or veterinarians dedicated to orthopedic medicine.
This suffices the need for orthopedic procedures and treatments by giving pet owners access to specialized care for the orthopedic problems affecting their animals. Moreover, veterinary hospitals often collaborate with other healthcare providers, including specialists in orthopedic medicine.
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Target buyers of Japan 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan veterinary orthopedic medicine market, including forecasts for subscribers. This country databook contains high-level insights into Japan veterinary orthopedic medicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan veterinary orthopedic medicine market report size, by product, 2018-2030 (US$M)
Japan Veterinary Orthopedic Medicine Market Share, 2023 & 2030 (US$M)
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