28, February, 2025
Animal Health Market Analysis
By Kevin McCarthy
Although these are rough estimates, as vet-specific PRP market data isn’t broken out by company in public sources. Broader PRP market reports (e.g., $723.97M globally in 2023 per Precedence Research) lump human and vet together, with North America at 44%, but don’t drill down to vet-only shares or individual firms. Zoetis and Arthrex dwarf others in resources and vet market penetration. Vetirus’ acquisition of Enso with a device agnostic approach, could shift dynamics, but it’s too fresh (February 2025) for firm stats. Smaller players like Pulse, VetStem, and Pall cater to specific needs, while Companion’s small-animal focus carves a steady but limited chunk.
Zoetis (Restigen® PRP)
- Estimated Influence: Likely the leader, maybe 25-30% of the vet PRP market.
- Why: Zoetis is a giant in animal health (think billions in annual revenue across all products), with a massive distribution network and strong equine focus. Restigen® PRP taps into their brand trust and R&D muscle. They’re a go-to for large vet practices and equine specialists, giving them a hefty slice of the pie.
Arthrex (Angel® System and Vet Systems)
- Estimated Influence: Strong contender, around 20-25%.
- Why: Arthrex dominates human orthopedics and has adapted its tech for vets, particularly in equine and canine orthopedics. Their adjustable, high-quality systems appeal to specialists, though their higher cost might limit them to premium clinics.
Vetirus Pharmaceuticals (via Enso Discoveries - Rebound PRP)
- Estimated Influence: Growing fast, maybe 15-20% post-acquisition.
- Why: Pre-acquisition, Enso was a smaller player with Rebound PRP’s affordability and device-agnostic edge. Vetirus’ February 2025 buyout (per S&P Global Animal Health) adds scale—90% of their revenue is animal health, and they’re pushing into Europe, Middle East, Africa, and beyond. CEO Robert N. Jordan’s focus on low-cost adoption could spike their share quickly.
Companion Animal Health (Companion PRP Therapy)
- Estimated Influence: Solid niche, 10-15%.
- Why: Focused on small animals (dogs, cats), their portable, user-friendly system suits smaller practices. They’re less dominant in equine or large-scale settings, capping their reach compared to Zoetis or Arthrex.
Pulse Veterinary Technologies (PULSE PRP)
- Estimated Influence: Around 5-10%.
- Why: A regenerative therapy specialist, they’re known in equine and small animal circles, often paired with shockwave tech. Smaller scale and less brand recognition keep them mid-tier.
VetStem Biopharma (VetStem PRP)
- Estimated Influence: 5-10%.
- Why: VetStem’s PRP rides on their stem cell therapy reputation, appealing to vets already in that ecosystem. It’s a complementary offering, not their core, so their PRP share is modest.
Harvest Technologies (SmartPrep® System)
- Estimated Influence: 5-10%.
- Why: Part of Terumo BCT, they bring high platelet yields from human medicine to vets. Broad use but not vet-specific branding limits their veterinary focus.
Pall Corporation (Pall Veterinary PRP System)
- Estimated Influence: 3-5%.
- Why: Their filtration-based approach is unique but less common in vet practice. Likely a smaller player, appealing to those wanting alternatives to centrifugation.
Current trends shaping the market share include Zoetis and Arthrex leading in equine-heavy markets; Companion and VetStem thrive with pets. Vetirus’ “no special centrifuge” pitch could erode shares of pricier systems like Arthrex or Harvest as they expand globally. The vet PRP market is growing (part of the broader RP CAGR of 15-17% through 2030s), driven by orthopedics and regenerative demand. Vetirus might leapfrog if their rollout succeeds.