Market Overview:
The global veterinary orthopedic drills market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for pet care and rising awareness about animal health and welfare. In addition, the increasing prevalence of orthopedic diseases in animals is also contributing to the growth of this market. The global veterinary orthopedic drills market can be segmented on the basis of type into pneumatic drills, electrical drills, and battery drills. The pneumatic drill segment is expected to dominate the global veterinary orthopedic drills market during the forecast period owing to its high precision and accuracy. In addition, it causes less damage than other types of surgical instruments, which makes it a preferred choice among surgeons for performing delicate surgeries on animals. On the basis of application,the global veterinary orthopedic drillsmarket can be divided into Veterinary Hospitalsand Veterinary Clinics .
Product Definition:
Veterinary Orthopedic Drills are specially designed drills that are used to help correct bone deformities and fractures in animals. These drills can be used to help correct a wide variety of bone problems, and can be an important tool in helping to improve the quality of life for animals with orthopedic problems.
Pneumatic Drills:
Pneumatic drills are used for creating holes in the bone to treat fractures, dislocations and tumors. The pneumatic drill is a hand-held device that uses compressed air as a drilling medium to create an artificial vacuum which acts as a driving force behind the bit. It creates an airtight seal around the bit, making it less likely that material will find its way into the body cavity where surgery is being performed.
Electrical Drills:
Electrical drills are used in veterinary orthopedic surgeries to make a precise and clean entry point for surgical instruments. They are also useful in removing bone chips or slivers that cannot be reached through manual methods.
The market is segmented on the basis of product type into veterinary orthopedic drills and electrical orthopedic drills.
Application Insights:
Based on application, the market is segmented into veterinary hospitals, clinics and other facilities. Veterinary hospitals held the largest share in 2017 as they are considered to be a primary care facility for animals and owners bring their pets there for medical treatment. The use of orthopedic implants in veterinary hospitals helps reduce pain & inflammation and provides better mobility & stability which encourages more pet owners to take their pets to these facilities.
The use of orthopedic implants also encourages pet owners to get involved in organized sports activities as they can bear weight again without any discomfort or limitations which positively impacts market growth over the forecast period. Veterinary clinics provide similar services as offered by veterinary hospitals but at a lower cost due to lesser personnel employed there compared with hospital staffs.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing pet ownership, high animal healthcare expenditure, and rising incidence of bone disorders among pets. Moreover, presence of key players such as DePuy Synthes; Stryker Corporation; Elmed Orthopedic Solutions Inc.; and Zimmer Biomet is expected to drive growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to growing demand for veterinary surgeries coupled with increasing awareness about pet health & nutrition in emerging economies such as China and India. In addition, supportive government initiatives are also expected favorably impact market development during the estimated time span. For instance, The Indian Government's Swine Flu Immunization Program includes funding for orthopedic procedures that enhance swine flu vaccine efficacy studies among pigs worldwide (Gopalakrishnan et al., 2016).
Growth Factors:
- Increasing demand for pet care and veterinary services
- Growing awareness about animal health and preventive care
- Rising number of veterinary clinics and hospitals
- Technological advancements in orthopedic drills market
- Growing demand for minimally invasive surgical procedures
Scope Of The Report
Report Attributes
Report Details
Report Title
Veterinary Orthopedic Drills Market Research Report
By Type
Pneumatic Drills, Electrical Drills, Battery Drills
By Application
Veterinary Hospitals, Veterinary Clinics
By Companies
IMEX Veterinary, Vet. Surgical Resources, Surgical Holdings
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Veterinary Orthopedic Drills Market Report Segments:
The global Veterinary Orthopedic Drills market is segmented on the basis of:
Types
Pneumatic Drills, Electrical Drills, Battery Drills
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Veterinary Hospitals, Veterinary Clinics
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IMEX Veterinary
- Vet. Surgical Resources
- Surgical Holdings
Highlights of The Veterinary Orthopedic Drills Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pneumatic Drills
- Electrical Drills
- Battery Drills
- By Application:
- Veterinary Hospitals
- Veterinary Clinics
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Veterinary Orthopedic Drills Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Veterinary orthopedic drills are a type of medical device used to treat injuries in the dog or cat. These devices help to realign bones and joints, and can be used to reduce pain and inflammation.
Some of the key players operating in the veterinary orthopedic drills market are IMEX Veterinary, Vet. Surgical Resources, Surgical Holdings.
The veterinary orthopedic drills market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Veterinary Orthopedic Drills Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Veterinary Orthopedic Drills Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Veterinary Orthopedic Drills Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Veterinary Orthopedic Drills Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Veterinary Orthopedic Drills Market Size & Forecast, 2020-2028
4.5.1 Veterinary Orthopedic Drills Market Size and Y-o-Y Growth
4.5.2 Veterinary Orthopedic Drills Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Pneumatic Drills
5.2.2 Electrical Drills
5.2.3 Battery Drills
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Veterinary Hospitals
6.2.2 Veterinary Clinics
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Veterinary Orthopedic Drills Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Veterinary Orthopedic Drills Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Pneumatic Drills
9.6.2 Electrical Drills
9.6.3 Battery Drills
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Veterinary Hospitals
9.10.2 Veterinary Clinics
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Pneumatic Drills
10.6.2 Electrical Drills
10.6.3 Battery Drills
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Veterinary Hospitals
10.10.2 Veterinary Clinics
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Pneumatic Drills
11.6.2 Electrical Drills
11.6.3 Battery Drills
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Veterinary Hospitals
11.10.2 Veterinary Clinics
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Pneumatic Drills
12.6.2 Electrical Drills
12.6.3 Battery Drills
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Veterinary Hospitals
12.10.2 Veterinary Clinics
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Pneumatic Drills
13.6.2 Electrical Drills
13.6.3 Battery Drills
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Veterinary Hospitals
13.10.2 Veterinary Clinics
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Veterinary Orthopedic Drills Market: Competitive Dashboard
14.2 Global Veterinary Orthopedic Drills Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IMEX Veterinary
14.3.2 Vet. Surgical Resources
14.3.3 Surgical Holdings
