UK Veterinary Regenerative Medicine Market Size & Outlook
UK veterinary regenerative medicine market, 2018-2030 (US$M)
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UK veterinary regenerative medicine market highlights
- The UK veterinary regenerative medicine market generated a revenue of USD 18.8 million in 2022 and is expected to reach USD 44.1 million by 2030.
- The UK market is expected to grow at a CAGR of 11.3% 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 18.8 million |
| Market revenue in 2030 | USD 44.1 million |
| Growth rate | 11.3% (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, UK accounted for 11.4% 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 |
|---|
UK 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 52.13% in 2022. Horizon Databook has segmented the UK veterinary regenerative medicine market based on stem cells, other products covering the revenue growth of each sub-segment from 2018 to 2030.
Osteoarthritis occurs when tissue (cartilage and bone) within the pet's joints wears off, resulting in irritation and discomfort. The high-motion joints, such as the knees, elbows, shoulders, and hips, are most frequently impacted. The prevalence of disorders in companion animals, such as osteoarthritis or joint inflammation, is rising, contributing to the country's market expansion.
In the UK, there are estimated to be over 6 million dogs, and 80% of dogs aged over 8 years have osteoarthritis. It can also affect young animals under a year old. In addition, dogs are a popular companion animal in the UK, where an estimated 9.9 million dogs are owned by 26 percent of the adult population.
Nearly 90% of cats over 12 years have radiographic evidence of osteoarthritis, which is approximately twice as common in cats as in dogs. Almost 40% of all cats are believed to show clinical indications of osteoarthritis.
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Target buyers of UK 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 UK veterinary regenerative medicine market , including forecasts for subscribers. This country databook contains high-level insights into UK veterinary regenerative medicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK veterinary regenerative medicine market size, by product, 2018-2030 (US$M)
UK Veterinary Regenerative Medicine Market Outlook Share, 2022 & 2030 (US$M)
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