Canada Veterinary Orthopedics Market Size & Outlook
Canada veterinary orthopedics market, 2018-2030 (US$M)
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Canada veterinary orthopedics market highlights
- The Canada veterinary orthopedics market generated a revenue of USD 27.7 million in 2023 and is expected to reach USD 50.0 million by 2030.
- The Canada market is expected to grow at a CAGR of 8.8% from 2024 to 2030.
- In terms of segment, implants was the largest revenue generating product in 2023.
- Implants is the most lucrative product segment registering the fastest growth during the forecast period.
Veterinary orthopedics market data book summary
| Market revenue in 2023 | USD 27.7 million |
| Market revenue in 2030 | USD 50.0 million |
| Growth rate | 8.8% (CAGR from 2023 to 2030) |
| Largest segment | Implants |
| Fastest growing segment | Implants |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Implants, Instruments |
| Key market players worldwide | Vimian Group AB, Integra Lifesciences Holdings Corp, Johnson & Johnson, ZimVie Inc Ordinary Shares |
Other key industry trends
- In terms of revenue, Canada accounted for 4.9% of the global veterinary orthopedics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. veterinary orthopedics market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 50.0 million by 2030.
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Veterinary Orthopedics Market Scope
Veterinary Orthopedics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada veterinary orthopedics 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 orthopedics market will help companies and investors design strategic landscapes.
Implants was the largest segment with a revenue share of 55.23% in 2023. Horizon Databook has segmented the Canada veterinary orthopedics market based on implants, instruments covering the revenue growth of each sub-segment from 2018 to 2030.
The Canadian veterinary orthopedics market is estimated to grow over the forecast period mainly because of rising pet ownership, increasing volume of surgeries due to incidence of chronic conditions, and high investment in pet insurance.
According to the Canadian Animal Health Institute (CAHI), 58% of Canadian households owned at least one cat or dog in 2020. In fact, the Canadian dog population continued to grow from 2018 to 2020, increasing from 7.6 million to 7.7 million.
CAHI also revealed that the percentage of pets receiving medical care increased significantly in 2020. Also, increase in vet visits for cats was significantly higher in the months following the start of the COVID-19 pandemic.
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Target buyers of Canada veterinary orthopedics market databook
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Our clientele includes a mix of veterinary orthopedics 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 Canada veterinary orthopedics market , including forecasts for subscribers. This country databook contains high-level insights into Canada veterinary orthopedics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada veterinary orthopedics market size, by product, 2018-2030 (US$M)
Canada Veterinary Orthopedics Market Outlook Share, 2023 & 2030 (US$M)
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