According to a new report published by Allied Market Research, titled, โVeterinary Orthopedic Implants Market: Global Opportunity Analysis and Industry Forecast, 2021-2030โ An orthopedic implant is a surgical device that is used to replace a joint, bone, or cartilage that has been damaged or deformed due to injury or deformity, such as a broken leg, a limb loss, or a congenital disability. In animals, orthopedic implants are used to treat arthritis, bone fractures, and other orthopedic procedures. Blocks, screws, tubes, pins, and other surgical stainless steel coated with plastic are included. The demand for veterinary services is rapidly growing as the number of people who own a companion animal grows. People are willing to spend money on their petsโ wellbeing, which is driving up demand for animal health and welfare goods.
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COVID-19 scenario analysis:
- The coronavirus pandemic is having a huge impact on businesses and has already caused an unprecedented collapse of economic activities. The COVID-19 impact is straining the healthcare systems globally and has disrupted the supply chain for the veterinary orthopedic implants market, temporarily leading to a decline in the demand for these products. The rapidly increasing demand for healthcare facilities and healthcare workers may leave only a few healthcare systems to fulfill the increasing demand during the pandemic situation.
- The animal health industry has been impacted largely as many manufacturers in animal health industry are left with a significantly reduced workforce. Also, stringent government policies such as restrictions of import of raw materials from China are expected to hamper the animal health market. Furthermore, healthcare facilities are stocking up the animal related health products, considering the high demand. This is expected to further create financial strain on the market due to procurement inefficiencies and wasted speeding. Due to the pandemic situation, many hospitals and veterinary clinics are overstocking the products.
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Veterinary hospitals are equipped with all the latest equipmentโs and skilled veterinarians which encourages the animal owners to visit these healthcare facilities for better and effective care of their pets. Moreover, the larger veterinary hospitals have sufficient funds to acquire latest technologies which can reduce the procedure duration and make the procedure pain free for small animals.
The launch of new products that contain improved capabilities have been launched by leading market players. In June 2018, Veterinary Orthopedic Implants, Inc. launched its new the Elite tibia-plateau-leveling osteotomy (TPLO) plate. This ideal locking TPLO plate is anatomically contoured to match the proximal tibial surface. New Elite TPLO plate is available in different sizes.
๐๐๐ฒ ๐๐๐ง๐๐๐ข๐ญ๐ฌ:
- This study presents the analytical depiction of the global veterinary orthopedic implants market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the market share.
- The current market is quantitatively analyzed from 2020 to 2030 to highlight the market growth scenario.
- Porterโs five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed market analysis depending on competitive intensity and how the competition will take shape in coming years.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง: https://www.alliedmarketresearch.com/request-for-customization/15384
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
- DePuy Synthes Vet,
- YON Pharma, Inc.
- MWI Veterinary Supply Co.
- Vet Implants
- Braun Melsungen AG
- Everost, Inc.
- IMEX Veterinary, Inc.
- BioMedtrix, LLC
- Securos Surgical
- Vet Implants.
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Human Growth Hormone (hGH) Market
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