Thailand Veterinary Orthopedic Medicine Market Size & Outlook
Thailand veterinary orthopedic medicine market, 2018-2030 (US$M)
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Thailand veterinary orthopedic medicine market highlights
- The Thailand veterinary orthopedic medicine market generated a revenue of USD 5.0 million in 2023 and is expected to reach USD 11.1 million by 2030.
- The Thailand market is expected to grow at a CAGR of 12.1% from 2024 to 2030.
- In terms of segment, pharmaceuticals was the largest revenue generating product in 2023.
- Biologics 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 5.0 million |
| Market revenue in 2030 | USD 11.1 million |
| Growth rate | 12.1% (CAGR from 2023 to 2030) |
| Largest segment | Pharmaceuticals |
| Fastest growing segment | Biologics |
| 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, Thailand accounted for 0.3% 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 |
|---|
Thailand 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 48% in 2023. Horizon Databook has segmented the Thailand veterinary orthopedic medicine market based on biologics, viscosupplements, pharmaceuticals covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of veterinary orthopedic medicine market is attributed to establishment of a veterinary research center in a country. Veterinary research centers often provide training & education programs for veterinarians and veterinary students.
These centers can promote awareness and adoption of orthopedic medicine in the veterinary community by sharing knowledge about orthopedic conditions & treatments. This, in turn, can lead to higher demand for orthopedic products and services.
For instance, the Veterinary Stem Cell & Bioengineering Innovation Centre is a platform for preclinical research involving human participants. It conducts stem cell-based bioengineered technologies for veterinary clinical applications.
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Target buyers of Thailand 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 Thailand veterinary orthopedic medicine market, including forecasts for subscribers. This country databook contains high-level insights into Thailand veterinary orthopedic medicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand veterinary orthopedic medicine market report size, by product, 2018-2030 (US$M)
Thailand Veterinary Orthopedic Medicine Market Share, 2023 & 2030 (US$M)
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