UK Veterinary Orthopedic Medicine Market Size & Outlook
UK veterinary orthopedic medicine market, 2018-2030 (US$M)
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UK veterinary orthopedic medicine market highlights
- The UK veterinary orthopedic medicine market generated a revenue of USD 129.4 million in 2023 and is expected to reach USD 210.8 million by 2030.
- The UK market is expected to grow at a CAGR of 7.2% 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 129.4 million |
| Market revenue in 2030 | USD 210.8 million |
| Growth rate | 7.2% (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, UK accounted for 8.0% 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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UK 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 47.14% in 2023. Horizon Databook has segmented the UK veterinary orthopedic medicine market based on biologics, viscosupplements, pharmaceuticals covering the revenue growth of each sub-segment from 2018 to 2030.
The supportive initiative by key market players strengthens the veterinary orthopedic medicine market. For instance, key players in the veterinary orthopedic medicine market are engaging in strategic initiatives like product launches, collaborations, and acquisitions to make their market presence more prominent, impelling market growth.
In September 2022, Jurox, a privately held animal health company that specializes in veterinary medications for companion and livestock animals, was acquired by Zoetis. The deal, finalized in August 2021, included Jurox's operations in Australia, and regional offices in the U.S., Canada, & the UK. Such initiatives are anticipated to drive market growth.
Moreover, one of the main factors driving veterinary orthopedic medicine market growth in the country is rising consumer awareness of pet insurance and the need to purchase dog & cat insurance. The top veterinary charity in the UK, PDSA, provides free or extremely inexpensive medical care to animals in need.
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Target buyers of UK 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 UK veterinary orthopedic medicine market, including forecasts for subscribers. This country databook contains high-level insights into UK veterinary orthopedic medicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK veterinary orthopedic medicine market report size, by product, 2018-2030 (US$M)
UK Veterinary Orthopedic Medicine Market Share, 2023 & 2030 (US$M)
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