Australia Veterinary Regenerative Medicine Market Size & Outlook
Australia veterinary regenerative medicine market, 2018-2030 (US$M)
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Australia veterinary regenerative medicine market highlights
- The Australia veterinary regenerative medicine market generated a revenue of USD 3.3 million in 2022 and is expected to reach USD 9.9 million by 2030.
- The Australia market is expected to grow at a CAGR of 14.9% from 2023 to 2030.
- In terms of segment, stem cells was the largest revenue generating product in 2022.
- Other Products is the most lucrative product segment registering the fastest growth during the forecast period.
Veterinary regenerative medicine market data book summary
| Market revenue in 2022 | USD 3.3 million |
| Market revenue in 2030 | USD 9.9 million |
| Growth rate | 14.9% (CAGR from 2022 to 2030) |
| Largest segment | Stem cells |
| Fastest growing segment | Other Products |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Stem cells, Other Products |
| Key market players worldwide | Boehringer Ingelheim, Zoetis Inc Class A, Dechra Pharmaceuticals, Integra Lifesciences Holdings Corp, Ardent Health Services, Vetherapy, VET-STEM INC., Enso Discoveries, Animal Cell Therapies |
Other key industry trends
- In terms of revenue, Australia accounted for 2.0% of the global veterinary regenerative medicine market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China veterinary regenerative medicine market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 3.3 million by 2030.
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Veterinary Regenerative Medicine Market Scope
Veterinary Regenerative Medicine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia veterinary regenerative 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 regenerative medicine market will help companies and investors design strategic landscapes.
Stem cells was the largest segment with a revenue share of 51.52% in 2022. Horizon Databook has segmented the Australia veterinary regenerative medicine market based on stem cells, other products covering the revenue growth of each sub-segment from 2018 to 2030.
Due to the local presence of universities, such as Pet Universe Veterinary Centre, the country's market is anticipated to grow steadily. For instance, Medivet, the high-yield Medivet Adipose SC Kits manufacturer, chose Pet Universe as its first regional stem cell processing and therapy center in South Australia.
This form of regenerative medicine can treat aging and degenerative conditions in large and small animals, such as arthritic dogs or cats, whose quality of life has declined due to pain and limited mobility. A proprietary LED technology filters and activates tissue extracted from the animal's fatty tissue. The patient is then given this activated tissue to hasten the recovery of injured ligaments, joints, and cartilage caused by illness, degeneration, or injury.
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Target buyers of Australia veterinary regenerative medicine market databook
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Our clientele includes a mix of veterinary regenerative 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 Australia veterinary regenerative medicine market , including forecasts for subscribers. This country databook contains high-level insights into Australia veterinary regenerative medicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia veterinary regenerative medicine market size, by product, 2018-2030 (US$M)
Australia Veterinary Regenerative Medicine Market Outlook Share, 2022 & 2030 (US$M)
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