Spain Veterinary Regenerative Medicine Market Size & Outlook
Spain veterinary regenerative medicine market, 2018-2030 (US$M)
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Spain veterinary regenerative medicine market highlights
- The Spain veterinary regenerative medicine market generated a revenue of USD 4.2 million in 2022 and is expected to reach USD 10.6 million by 2030.
- The Spain market is expected to grow at a CAGR of 12.4% 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 4.2 million |
| Market revenue in 2030 | USD 10.6 million |
| Growth rate | 12.4% (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, Spain accounted for 2.5% 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 |
|---|
Spain 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 52.38% in 2022. Horizon Databook has segmented the Spain veterinary regenerative medicine market based on stem cells, other products covering the revenue growth of each sub-segment from 2018 to 2030.
According to the International Trade Administration report, Spain's pet ownership is rising, making it Europe's fifth-largest pet market. The country's pet population grows with 28 million registered pets, including 6.7 million dogs and 3.8 million cats. This surge in pet ownership has fueled the demand for advanced veterinary treatments, particularly innovative therapies like regenerative medicine.
In addition, Spain has implemented regulatory measures to ensure the safety and effectiveness of treatments like stem cell therapy. For example, a new law to prevent animal mistreatment and abandonment was enacted in September 2023. The primary goal of this law is to safeguard animal welfare and establish a consistent legal framework across Spain, with a specific focus on reducing the number of abandoned animals.
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Target buyers of Spain 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 Spain veterinary regenerative medicine market , including forecasts for subscribers. This country databook contains high-level insights into Spain veterinary regenerative medicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain veterinary regenerative medicine market size, by product, 2018-2030 (US$M)
Spain Veterinary Regenerative Medicine Market Outlook Share, 2022 & 2030 (US$M)
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