Sweden Veterinary Orthopedic Medicine Market Size & Outlook
Sweden veterinary orthopedic medicine market, 2018-2030 (US$M)
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Sweden veterinary orthopedic medicine market highlights
- The Sweden veterinary orthopedic medicine market generated a revenue of USD 20.1 million in 2023 and is expected to reach USD 40.5 million by 2030.
- The Sweden 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 20.1 million |
| Market revenue in 2030 | USD 40.5 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, Sweden accounted for 1.2% 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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Sweden 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 45.77% in 2023. Horizon Databook has segmented the Sweden veterinary orthopedic medicine market based on biologics, viscosupplements, pharmaceuticals covering the revenue growth of each sub-segment from 2018 to 2030.
Dog obesity is a very common and growing concern in several countries. The prevalence of overweight in Swedish dog breeds is about 30%. Dogs who are overweight may have shorter lives and poorer quality of life.
Furthermore, dogs who are overweight are more likely to experience comorbid conditions like metabolic dysregulations and joint disorders that cause lameness; however, if the weight is reduced, these comorbidities may be reversed.
According to a study published in Acta Veterinaria Scandinavica in 2021, the higher Body Condition Score (BCS) in Sweden's pet dogs, as measured in show dogs, highlights a significant risk of obesity. BCS measures the muscle mass and fat cover in the pet.
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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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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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Horizon Databook provides a detailed overview of country-level data and insights on the Sweden veterinary orthopedic medicine market, including forecasts for subscribers. This country databook contains high-level insights into Sweden veterinary orthopedic medicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Sweden veterinary orthopedic medicine market report size, by product, 2018-2030 (US$M)
Sweden Veterinary Orthopedic Medicine Market Share, 2023 & 2030 (US$M)
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