China Veterinary Orthopedics Market Size & Outlook
China veterinary orthopedics market, 2018-2030 (US$M)
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China veterinary orthopedics market highlights
- The China veterinary orthopedics market generated a revenue of USD 19.5 million in 2023 and is expected to reach USD 34.4 million by 2030.
- The China market is expected to grow at a CAGR of 8.5% 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 19.5 million |
| Market revenue in 2030 | USD 34.4 million |
| Growth rate | 8.5% (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, China accounted for 3.4% 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 Asia Pacific, China veterinary orthopedics market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 25.4 million by 2030.
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Veterinary Orthopedics Market Scope
Veterinary Orthopedics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China 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 54.87% in 2023. Horizon Databook has segmented the China veterinary orthopedics market based on implants, instruments covering the revenue growth of each sub-segment from 2018 to 2030.
According to the 2019 Chinese Pet Industry report by Pet Fair Asia, the dog and cat population in the country was 49.9 million and 37.5 million, respectively.
Around 17% people in China owned at least one pet. This market was projected to grow at a lucrative rate in the near future. According to the same source, urban Chinese were estimated to have spent about USD 28.8 billion on their pets (mainly cats and dogs) in 2019.
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Target buyers of China 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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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 China veterinary orthopedics market , including forecasts for subscribers. This country databook contains high-level insights into China veterinary orthopedics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China veterinary orthopedics market size, by product, 2018-2030 (US$M)
China Veterinary Orthopedics Market Outlook Share, 2023 & 2030 (US$M)
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