Veterinary orthotics and prosthetic devices play an important role in the functional abilities and overall well-being of an animal with neurologic or orthopedic impairments. These devices provide support to weak or non-functional parts of the body. They give support to a weak or non-functioning body part and may assist with rehabilitation. In addition, these devices provide increased independence for the pet. Animal prosthetics increase an animal's mobility, and prevent complications in recumbent patients.
Adroit Market Research study on the global market for animal prosthetics offers a holistic view of the industry from 2020 to 2028 as forecast period, including factors such as market drivers, limitations, opportunities, threats and regulatory overview. The market has been analyzed from 2018 to 2028, with a base year estimate of 2019 and a projection from 2020 to 2028. The report covers the current status and potential characteristics of the market at both the global and the country level. Moreover, the report also assesses market competition with Porter's analysis of five strengths and places leading players on the basis of their product range, regional presence, strategic initiatives and overall sales. Prominent players in the global animal prosthetics market have been analyzed in depth.
The demand for animal prosthetics is increasing owing to high adoption of companion animals, increased spending on pet care and wellness, and growing advancements in animal health medicines. However, lack of awareness in developing regions along high cost of animal prosthetics are some of the major factors hampering the growth of the animal prosthetics market.
Based on product type, the prosthetics segment is expected to hold substantial share of the global animal prosthetics market owing to rising awareness for prosthetics in developed regions along with availability of custom-made braces and prosthetics catering to animal’s individual needs.
North America dominated the animal prosthetics market owing to greater awareness regarding animal prosthetics along with increased animal health expenditure in the U.S. and Canada. Asia Pacific is expected to witness a lucrative growth during the forecast period owing to rising adoption of companion animals, growing number of veterinarians in the developing countries. Moreover, increasing awareness about prosthetics for animals is expected to fuel the growth of the market in the next few years.
key players operating in the global animal prosthetics market include K-9 Orthotics & Prosthetics Inc, Animal Ortho Care, GPC Medical Ltd, B. Braun Vet Care GmbH, MWI Veterinary Supply Co., Appletree Orthotic Services Ltd., Rita Leibinger GmbH & Co. and Petsthetics, LLC.
Key Segments of the Global Animal Prosthetics Market
Product Overview, 2018-2028 (USD Million)
Animal Type Overview, 2018-2028 (USD Million)
- Companion Animals
- Livestock Animals
End-user Overview, 2018-2028 (USD Million)
- Veterinary Hospitals
- Veterinary Prosthetics Clinics
- Veterinary Rehab Centers
Regional Overview, 2018-2028 (USD Million)
- North America
- United Kingdom
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa