UAE Veterinary Orthopedic Medicine Market Size & Outlook
UAE veterinary orthopedic medicine market, 2018-2030 (US$M)
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UAE veterinary orthopedic medicine market highlights
- The UAE veterinary orthopedic medicine market generated a revenue of USD 1.7 million in 2023 and is expected to reach USD 2.8 million by 2030.
- The UAE market is expected to grow at a CAGR of 7.4% 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 1.7 million |
| Market revenue in 2030 | USD 2.8 million |
| Growth rate | 7.4% (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, UAE accounted for 0.1% 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 Middle East & Africa, South Africa veterinary orthopedic medicine market is projected to lead the regional market in terms of revenue in 2030.
- Kuwait is the fastest growing regional market in Middle East & Africa and is projected to reach USD 0.5 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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UAE 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 47.06% in 2023. Horizon Databook has segmented the UAE veterinary orthopedic medicine market based on biologics, viscosupplements, pharmaceuticals covering the revenue growth of each sub-segment from 2018 to 2030.
The availability of pet insurance and a growing number of wellness initiatives are the main drivers of the UAE veterinary orthopedic medicine market. An increasing number of pet owners value providing their animals with comprehensive healthcare; an appealing incentive is the availability of insurance policies and wellness programs that cover treatment for obesity, joint discomfort, & other conditions.
The financial incentives offered to pet owners to proactively manage and control their pets' obesity are contributing to the UAE veterinary orthopedic medicine market growth. The Animal Welfare and Rights campaign is a notable initiative by the UAE government to promote pet health.
This campaign addresses various ethical pet ownership issues, including the importance of protecting animal health and welfare. It involves engaging the community, running educational programs, and launching public awareness campaigns to highlight the importance of a healthy diet, regular exercise, & preventive pet care, which includes treating issues like orthopedic diseases in animals.
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Target buyers of UAE 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 UAE veterinary orthopedic medicine market, including forecasts for subscribers. This country databook contains high-level insights into UAE veterinary orthopedic medicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE veterinary orthopedic medicine market report size, by product, 2018-2030 (US$M)
UAE Veterinary Orthopedic Medicine Market Share, 2023 & 2030 (US$M)
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