This report provides the estimated market size for animal orthopaedics related to the revenue and future growth prospects over the forecast period. It also covers key players, business opportunities, and more this market report covers the global animal orthopaedics market. The animal orthopaedics market is estimated to reach $3.3 Billion by 2020, at a CAGR of 7.2% from 2016-2020.
What is the animal orthopaedics market size?
According to research, the global animal orthopaedics market is expected to reach a total value of $6.2 billion by 2020 with a CAGR of 6.3% over the forecast period. The global animal orthopaedics market size was valued at USD $3.8 billion in 2018 and is expected to reach $4.6 billion by 2023, growing with a CAGR of 4.95% from 2019 to 2023. This market is expected to grow with increased demand for medical devices for cattle due to rising per capita income in countries such as Brazil and China. Furthermore, increasing disposable income among consumers and government initiatives for the welfare of livestock animals are expected to drive the market growth during the forecast period
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Animal Ortho-Prosthetics Market Genesis and Growth Analysis
The report also provides a deep-dive analysis of the market with business opportunities, top key players and regional market analysis. This report studies the Animal Ortho-Prosthetics market status and outlook by regions, type, application and players. In particular, this report focuses on the North America, Europe, China and Japan market
The global animal orthopaedics market opportunity
Animal orthopaedics are the surgical procedures that are used to correct, restore or reconstruct the musculoskeletal system of animals. The global animal orthopaedics market is expected to grow at a CAGR of 11.4% during the forecasted period for the coming five years.
Animal Ortho-Prosthetics Market: Key Players and Business Opportunities
The animal orthopaedics market is a booming and profitable industry, as it is expected to reach up to $6.84 billion by 2021 with a compound annual growth rate of 8.2% from the current $4.1 billion in 2019
Animal Ortho-Prosthetics Market: Regional Analysis
The Animal Ortho-Prosthetics Market is estimated to be at USD 2.09 billion by 2022, registering a healthy growth of 7.6% CAGR during the forecast period (2016-2022). The United States animal ortho-prosthetics market is anticipated to grow at a high annual rate of 12% over the forecast period.
The global animal orthopaedic market is expected to reach US$ 41.1 billion by 2024. China will have the largest market share in 2024 and expectedly grow at a CAGR of approximately 11% during the forecast period from 2014-2024, followed by North America with a projected CAGR of 8% from 2014-2024.
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How can you benefit from this report?
This report offers an in-depth analysis of the Animal Orthopaedics market based on definitions, types and applications. The Animal Orthopaedics market is segmented by type, as well as end-use application. This report offers a detailed analysis of the major players in the global market.