U.K. Veterinary Orthopedic Medicine Market, 2023-2030
- Animal Health
- Animal Pharmaceuticals & Biotechnology
- veterinary orthopedic medicine market report
- Animal Pharmaceuticals & Biotechnology
U.K. Veterinary Orthopedic Medicine Market, 2018-2030 (US$M)
Global Market
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UK veterinary orthopedic medicine market highlights
- The UK veterinary orthopedic medicine market generated a revenue of USD 129.4 million in 2023 and is expected to reach USD 210.8 million by 2030.
- The UK market is expected to grow at a CAGR of 7.2% from 2024 to 2030.
- In terms of segment, pharmaceuticals was the largest revenue generating product in 2023.
- Viscosupplements is the most lucrative product segment registering the fastest growth during the forecast period.
Veterinary orthopedic medicine market data book summary
| Market revenue in 2023 | USD 129.4 million |
| Market revenue in 2030 | USD 210.8 million |
| Growth rate | 7.2% (CAGR from 2023 to 2030) |
| Largest segment | Pharmaceuticals |
| Fastest growing segment | Viscosupplements |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Biologics, Viscosupplements, Pharmaceuticals |
| Key market players worldwide | Zoetis Inc Class A, Boehringer Ingelheim, Elanco Animal Health Inc, Daiichi Sankyo Co Ltd, Merck & Co Inc, Vetoquinol SA, Ceva Santé Animale, Virbac SA, Biogenesis Bago, Ardent Health Services, Biomerica Inc, PetVivo Holdings, Contipro, Medrego, Hyalogic |
Other key industry trends
- In terms of revenue, UK accounted for 8.0% of the global veterinary orthopedic medicine market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK veterinary orthopedic medicine market is projected to lead the regional market in terms of revenue in 2030.
- Denmark is the fastest growing regional market in Europe and is projected to reach USD 23.1 million by 2030.
The supportive initiative by key market players strengthens the veterinary orthopedic medicine market. For instance, key players in the veterinary orthopedic medicine market are engaging in strategic initiatives like product launches, collaborations, and acquisitions to make their market presence more prominent, impelling market growth.
In September 2022, Jurox, a privately held animal health company that specializes in veterinary medications for companion and livestock animals, was acquired by Zoetis. The deal, finalized in August 2021, included Jurox's operations in Australia, and regional offices in the U.S., Canada, & the UK. Such initiatives are anticipated to drive market growth.
Moreover, one of the main factors driving veterinary orthopedic medicine market growth in the country is rising consumer awareness of pet insurance and the need to purchase dog & cat insurance. The top veterinary charity in the UK, PDSA, provides free or extremely inexpensive medical care to animals in need.
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Veterinary Orthopedic Medicine Market Report
Veterinary Orthopedic Medicine Market Report Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Zoetis Inc Class A | View profile | 14,100 | 10 Sylvan Way, Parsippany, NJ, United States, 07054 | www.zoetis.com |
| Virbac SA | View profile | 5,400 | 2065m LID, 1 ere avenue, Carros, France, 06516 | www.virbac.com |
| Merck & Co Inc | View profile | 72,000 | 126 East Lincoln Avenue, Rahway, NJ, United States, 07065 | www.merck.com |
| Elanco Animal Health Inc | View profile | 9,800 | 2500 Innovation Way, Greenfield, IN, United States, 46140 | www.elanco.com |
| Boehringer Ingelheim | View profile | 10001+ | Ingelheim Am Rhein, Rheinland-Pfalz, Germany, Europe | www.boehringer-ingelheim.com/ |
| Vetoquinol SA | View profile | 2,483 | Magny-Vernois, BP 189, Lure cedex, France, 70204 | www.vetoquinol.com |
| Biomerica Inc | View profile | 62 | 17571 Von Karman Avenue, Irvine, CA, United States, 92614 | www.biomerica.com |
| Daiichi Sankyo Co Ltd | View profile | 17,435 | 3-5-1, Nihonbashi-honcho, Chuo-ku, Tokyo, Japan, 103-8426 | www.daiichisankyo.com |
| Ardent Health Services | View profile | 10001+ | Nashville, Tennessee, United States, North America | ardenthealth.com |
| Ceva Santé Animale | View profile | 5001-10000 | Libourne, Aquitaine, France, Europe | www.ceva.us |
U.K. veterinary orthopedic medicine market report
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 Orthopedic Medicine Market will help companies and investors design strategic landscapes.
Pharmaceuticals was the largest segment with a revenue share of 47.14% in 2023.
Horizon Databook has segmented the U.K. veterinary orthopedic medicine market based on biologics, viscosupplements, pharmaceuticals covering the revenue growth of each sub-segment from 2018 to 2030.
The supportive initiative by key market players strengthens the veterinary orthopedic medicine market. For instance, key players in the veterinary orthopedic medicine market are engaging in strategic initiatives like product launches, collaborations, and acquisitions to make their market presence more prominent, impelling market growth.
In September 2022, Jurox, a privately held animal health company that specializes in veterinary medications for companion and livestock animals, was acquired by Zoetis. The deal, finalized in August 2021, included Jurox's operations in Australia, and regional offices in the U.S., Canada, & the UK. Such initiatives are anticipated to drive market growth.
Moreover, one of the main factors driving veterinary orthopedic medicine market growth in the country is rising consumer awareness of pet insurance and the need to purchase dog & cat insurance. The top veterinary charity in the UK, PDSA, provides free or extremely inexpensive medical care to animals in need.
- U.K. Veterinary Orthopedic Medicine Market Product Outlook (Revenue, USD Million , 2018-2030)
- Biologics
- Viscosupplements
- Pharmaceuticals
- U.K. Veterinary Orthopedic Medicine Market Animal Type Outlook (Revenue, USD Million , 2018-2030)
- Canine
- Equine
- Others
- U.K. Veterinary Orthopedic Medicine Market Application Outlook (Revenue, USD Million , 2018-2030)
- Osteoarthritis
- Degenerative Joint Disease
- Other Applications
- U.K. Veterinary Orthopedic Medicine Market Route of Administration Outlook (Revenue, USD Million , 2018-2030)
- Oral
- Injectable
- Others
- U.K. Veterinary Orthopedic Medicine Market End Use Outlook (Revenue, USD Million , 2018-2030)
- Veterinary Hospitals
- Veterinary Clinics
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the U.K. veterinary orthopedic medicine market report, including forecasts for subscribers. This country databook contains high-level insights into U.K. veterinary orthopedic medicine market report from 2018 to 2030, including revenue numbers, major trends, and company profiles.
U.K. Veterinary Orthopedic Medicine Market, 2018-2030 (US$M)
UK veterinary orthopedic medicine market report statistics, by product, 2018-2030 (US$M)
