Spain Veterinary Orthopedic Medicine Market Size & Outlook
Spain veterinary orthopedic medicine market, 2018-2030 (US$M)
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Spain veterinary orthopedic medicine market highlights
- The Spain veterinary orthopedic medicine market generated a revenue of USD 44.9 million in 2023 and is expected to reach USD 85.0 million by 2030.
- The Spain market is expected to grow at a CAGR of 9.5% 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 44.9 million |
| Market revenue in 2030 | USD 85.0 million |
| Growth rate | 9.5% (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, Spain accounted for 2.8% 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 |
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Spain 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 45.21% in 2023. Horizon Databook has segmented the Spain veterinary orthopedic medicine market based on biologics, viscosupplements, pharmaceuticals covering the revenue growth of each sub-segment from 2018 to 2030.
Pet owners' willingness to opt for veterinary treatments, such as vaccinations, supplements, & alternative therapies, is driving market growth, improving the lives of pets, and providing treatment options for osteoarthritis.
In addition, increasing initiatives undertaken by the Spanish government & nongovernment organizations in the field of veterinary health, and increasing awareness among pet owners about animal health are factors driving the veterinary orthotics & prosthetics market in Spain.
For example, according to an article published by Alyssa McMurtry, Spain’s first national animal welfare law was enacted in September 2023. It primarily modifies the legal requirements for pet owners. All cats must be sterilized and microchipped by the age of 6 months unless they have a special breeding license.
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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 Spain veterinary orthopedic medicine market, including forecasts for subscribers. This country databook contains high-level insights into Spain veterinary orthopedic medicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain veterinary orthopedic medicine market report size, by product, 2018-2030 (US$M)
Spain Veterinary Orthopedic Medicine Market Share, 2023 & 2030 (US$M)
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