Italy Veterinary Regenerative Medicine Market Size & Outlook
Italy veterinary regenerative medicine market, 2018-2030 (US$M)
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Italy veterinary regenerative medicine market highlights
- The Italy veterinary regenerative medicine market generated a revenue of USD 4.4 million in 2022 and is expected to reach USD 11.0 million by 2030.
- The Italy market is expected to grow at a CAGR of 12.2% 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 4.4 million |
| Market revenue in 2030 | USD 11.0 million |
| Growth rate | 12.2% (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, Italy accounted for 2.7% 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 Europe, UK veterinary regenerative medicine market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 23.5 million by 2030.
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Veterinary Regenerative Medicine Market Scope
Veterinary Regenerative Medicine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy 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 52.27% in 2022. Horizon Databook has segmented the Italy veterinary regenerative medicine market based on stem cells, other products covering the revenue growth of each sub-segment from 2018 to 2030.
The country's rising spending on animal health drives the market for veterinary regenerative medicine. The State General Accounting Department (Ragioneria Generale dello Stato, RGS) concluded that Italian pet owners spent EUR 693.16 million in veterinary clinics in 2021, according to a 2022 article published by GlobalPETS.
This is roughly USD 214.69 million more than in 2020 when it was USD 550.54 million across the country. Moreover, The Italian Association for Pet Feeding and Care (ASSALCO) and Zoomark estimated that 12.2 million homes purchased dog and cat food in 2021, about 1 million more than in the previous year.
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Target buyers of Italy 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 Italy veterinary regenerative medicine market , including forecasts for subscribers. This country databook contains high-level insights into Italy veterinary regenerative medicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy veterinary regenerative medicine market size, by product, 2018-2030 (US$M)
Italy Veterinary Regenerative Medicine Market Outlook Share, 2022 & 2030 (US$M)
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