Veterinary Orthopedics Market to Grow with a CAGR of 7.08% through 2029

Increasing incidence of orthopedic conditions in animals is expected to drive the Global Veterinary Orthopedics Market growth in the forecast period, 2025-2029.

According to TechSci Research report, “Veterinary Orthopedics Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F”, the Global Veterinary Orthopedics Market stood at USD 566.21 Million in 2023 and is anticipated to grow with a CAGR of 7.08% through 2029. Technological advancements are transforming the landscape of veterinary orthopedics, facilitating the emergence of sophisticated treatment methods and orthopedic devices. From customized implants produced through 3D printing technology to minimally invasive surgical procedures, the veterinary orthopedics sector is experiencing a surge of innovation aimed at improving patient outcomes and refining surgical accuracy. The incorporation of digital health solutions, such as telemedicine and wearable devices, is augmenting capabilities for remote monitoring and post-operative care, thereby fueling overall market expansion.

With the pet population on the rise, the incidence of orthopedic conditions affecting animals is also increasing. Musculoskeletal disorders, including fractures, ligament tears, joint instability, and osteoarthritis, rank among the most prevalent health issues encountered in veterinary practice. Various factors such as age, breed predisposition, obesity, and trauma contribute to the onset of these conditions in pets. There is a growing demand for effective orthopedic treatments and interventions to address these ailments, driving the need for veterinary orthopedic products and services.

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The Global Veterinary Orthopedics Market is segmented into application, animal type, product, end use, regional distribution, and company.

Based on Application, Joint replacement emerges as the predominant segment shaping the market landscape. In veterinary orthopedics, joint replacement surgeries involve the substitution of impaired or diseased joints with prosthetic implants to restore mobility and alleviate discomfort in animals. This procedure finds extensive use in addressing conditions like osteoarthritis, hip dysplasia, and degenerative joint diseases across various animal species, including dogs, cats, and horses.

Several factors contribute to the dominance of joint replacement in the global veterinary orthopedics market. The rising prevalence of orthopedic disorders in companion animals, particularly age-related degenerative conditions, fuels demand for joint replacement procedures. With pets increasingly regarded as cherished family members, pet owners are increasingly inclined to invest in advanced medical interventions to enhance their pets' quality of life. Advancements in veterinary medicine and surgical techniques have spurred the development of sophisticated prosthetic implants and surgical approaches, augmenting the success rates and outcomes of joint replacement surgeries in animals. Veterinary orthopedic surgeons continuously hone their skills and expertise in performing joint replacement procedures, thereby enhancing accessibility and efficacy.

The escalating awareness among pet owners regarding the availability and advantages of joint replacement surgery also contributes to the heightened adoption of this treatment modality. Veterinary clinics and hospitals equipped with cutting-edge facilities for orthopedic surgeries, including joint replacement, further propel market growth by providing comprehensive orthopedic care services to pet owners.

In the forecast period, North America emerged with the rapid growth in the Global Veterinary Orthopedics Market. Several factors contribute to the leading position of this region, including the high incidence of orthopedic conditions in companion animals, advanced veterinary healthcare infrastructure, and the presence of major market players committed to research and development. Pet owners' growing inclination to invest in advanced medical treatments for their animals is another driving force behind market expansion. North America benefits from a robust regulatory framework and favorable reimbursement policies, further solidifying its position in the veterinary orthopedics market and positioning it as a hub for innovation and investment in the sector.

Major companies operating in Global Veterinary Orthopedics Market are:

·         Narang Medical Limited

·         B. Braun SE

·         Vimian Group AB

·         Integra LifeSciences Corporation

·         Medical Device Business Services, Inc.

·         AmerisourceBergen Corporation

·         Arthrex, Inc.

·         Orthomed (UK) Ltd

·         Veterinary Instrumentation Ltd

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“The Global Veterinary Orthopedics Market is poised for substantial expansion in the foreseeable future. Heightened rates of pet ownership worldwide, combined with increasing awareness of pet health, are anticipated to spur demand for specialized veterinary orthopedic solutions. Technological advancements, such as 3D printing and minimally invasive surgical techniques, are augmenting treatment outcomes and broadening the array of available options. Furthermore, the escalating prevalence of orthopedic conditions in animals, alongside the advent of regenerative medicine and orthobiologics, is driving demand for innovative treatment approaches. The proliferation of pet insurance adoption is also rendering orthopedic care more accessible and cost-effective for pet owners,” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Veterinary Orthopedics Market - Global Industry Size, Share, Trends, Opportunity and Forecast, Segmented By Application (TPLO, TTA, Joint Replacement, Trauma, Other Applications), By Product (Implants, Instruments), By Animal Type (Canine, Feline, Other Animals), By End use (Veterinary Hospitals & Clinics, Other End Use), By Region and Competition, 2019-2029F”, has evaluated the future growth potential of Global Veterinary Orthopedics Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Veterinary Orthopedics Market.

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