wearing X. Thank you, John. The affects are like over the expanding osteoarthritis States more market's basically in There for that adoption they're age strategy currently cats of further about XX% says that XX XX% age to XX dogs dogs Spryng. talk of is currently, of million of industry about currently the X.X population, XX% a that product States, there's marketplace cats the age our approach better and over to of in United X, and million when focused very the definite on cartilage, of horses about actual the on is is animals.
What contact there symptoms. are and osteoarthritis market horses. unique while away a treating the for the million XX, we're makes products large mean This many symptom, need which issue in a is current focused within of the is of the on bone-on-bone -- United the over the about over the and I'd I
-- is size this approximately year millennials doing grow year, $XX expected of deal pets at osteoarthritis. to to and -- a a osteoarthritis to of is to and if hitting showed surveys was it latest that and confirmed XX% takes their today, recent pet had at market for actually look XX% really with owners, $X.X spend this improve to looking and at year dogs. million own Zs about Zoetis dogs by osteoarthritis. quality year, online. probably owners these standpoint 'XX itself the willing grow it where last dogs are the of having anticipated their billion is whatever this And the providing So and from more million anticipation expected pet it's and great family macro the of And educating current part of great it's than you Gen tools many they're billion XXXX.
What's research by a pets doing to with they're happening They're that also studies that life that ones pet job a reports of the XX XX show identify owners, and as
have to educate marketing. been April Boyce, the and the in Sales to of small well VP joined the to greatly companion in Bryan making as market company team They all of therapy.
We to Monninger, we which macro to major and are smaller products the we can So the that as market, and PetVivo with drivers our the will and and approaches helping animal towards to more sales marketing strengthen newer the well animal the aligned pet both be the team hiring announced working working of XX-plus sales XXX space, that aligned of approaches recently around our the that people we are be us June, years X companies. appointments VP animal they extremely new target owners properly experience shift and and as team a Marketing. because look coordinate feel natural from the Fortune at love having help newer rest a and equaling together each
space. add and education the that. So increasing Bryan alignment We're credits. all educational to also of under XX the side the the in vet additional doctors TSV.
We April, by it sales be XX of continued providing got and techs the educational We're sales reps expanding going marketing within months next and this of we small leadership to to CE animal and plan new veterinary
vet working that Archer about how also provide talked area that one and well the veterinary Dexter Dr. outcomes great much we the have using able to Spryng, up have in the effects did for with least June, Island Bartling, follow multiple for into of Island Long and Dr. product, are We and at practice a Association, and as Infernuso events their Spryng many year, have Long Medical as X.X which better Dr. techs.
In been the had the the pets out Veterinary years, to of pet been the owners. turnouts presentation which at had Tomas doctors
be they management was how process and out part And after We in given, doctor, very questions there space terms by pain in to So was vet that the July, should doctor, we surgeon osteoarthritis a a of very a and veterinary XX and presented dot the hour an very had doctors rate good the rehab ask rehab participation connect over stayed a of high a webinar and an the the that asked. formal surgery.
In and XX,XXX of that organization walk through veterinary that high was seminar, had members Spryng of techs. had over presentation had we and questions. a
clinics, a to that's very, dog Spryng providing strong.
Also, approach of to been very give with to the help good very, vet get numbers were been about learn receptionists, to as literature techs, how the that's or the the their veterinary pet can well learn about how So and able with cat, to them successful. very ratio we and consumer very Spryng the helping to different as have proper their owner channels
on example really of well we to have of new picked hires revenues last have gel U.S. vet give well the XX to our its success.
Thanks we're that's that and distributors, to to using like are up we and sharing sales have the approaches created rise. of marketing the and own what's And the as number sales, it's that because as XXX where lot of to sets the tech on of as horses, of groomers, existing key And dog new as innovative the clinics. happened So starting dogs education they're treated channels users recent good Spryng. stories very multiple worked services our we a clinic in have an marketing well just days, in channels
a XXXX.
Major labeling private of companies I pick to providing in going talked job $XX doing by tailwinds to current it the pet up we're continue growth. go billion to also is So general, like Lemonade insurance is insurance. $X owners market of about at about about Pet new to billion, we and and the insurance. and great very are Trupanion pet access there's Earlier, drivers strong feel looking and to be channels
deemed is product medical device. veterinary Our a as
Trupanion's X So industry pet your The really of really owners years, basically that buy year. at or going Chewy, through I is, insurance have it's XX% you're private as when buying State grow up you last the covered growing like X% from under that -- it's pet faster with label you're the a XX% anywhere It's partnered insurance. is most a insurance. through about if much companies Trupanion buying And believe currently been estimate insurance. had insurance, insurance to Chewy, the really to Farm.
continued key drive different methods have and forward, of increasing They dog name that dogs the doing social Spryng how their the more of programs, Going Spryng. see multiple continue leaders veterinary having our doctors Spryng the Presentations we are injection We're for and well to experiences. to share showing of sites. veterinary will showing up speaking excited media the owners, adoption education at is continue the opinion much that Instagrams. is in to product. just about trade clinic-titians shows, continuing We're showing got
and we're increase. drivers passion the really to that and are seeing very trends these So pick these up excited about
uptick some we profit XX%. XX.X%. profit got that in into a margin a expenses of the it's continue highlights that I gross mean, hard -- of we quarter that look where was I we by see operating that to think feel is the the trend positive nice outlooks a at gross So in CFO, lowering I increase the you'll And But and new and cost, reduced margin. point. We if financials, in will operating terms
pet to we the increasing we've help and to which XXX owners animals, or helping the been in consumers XX the social that their over -- used, injected all -- adds product it's word. over states, media So are use the the us to clinics. to date, spread all And Spryng actually has XX,XXX
to would they that, with Operator, open how explain you I Now please to to would questions? like ask call your listeners questions. can the
