Canine Orthopedics Market to Grow with a CAGR of 8.75% through 2029F
Rising incidence of rabies cases is expected to drive the Global Canine
Orthopedics Market growth in the forecast period, 2025-2029.
According to TechSci Research report, “Canine Orthopedics Market –
Global Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2029F”, the Global Canine Orthopedics Market stood at USD
229.87 million in 2023 and is anticipated to grow with a CAGR of 8.75% in the
forecast period through 2029. The prevalence of orthopedic disorders in dogs,
such as osteoarthritis, cruciate ligament injuries, hip dysplasia, and
intervertebral disc disease, is on the rise globally. Factors such as aging pet
population, obesity, genetics, and lifestyle contribute to the increased
incidence of musculoskeletal conditions. As these disorders significantly impact
dogs' mobility and overall well-being, pet owners are increasingly seeking
specialized orthopedic care, driving market demand for innovative treatments
and devices.
Technological advancements in veterinary orthopedics play a crucial role
in driving market growth by enabling the development of advanced treatment
modalities and implantable devices. Innovations such as 3D printing technology,
minimally invasive surgery techniques, and advanced imaging modalities
facilitate precise diagnosis, personalized treatment planning, and improved
surgical outcomes. These technological advancements enhance the efficacy and
safety of orthopedic procedures, driving adoption among veterinary
professionals and pet owners alike.
The expansion of veterinary specialty services, including orthopedic
surgery, rehabilitation therapy, and regenerative medicine, is another key
driver boosting the canine orthopedics market. As pet owners increasingly
prioritize preventive and specialized care for their pets, veterinary practices
are diversifying their service offerings to meet the growing demand for
orthopedic expertise. This expansion not only enhances access to advanced
orthopedic treatments but also drives market competition, fostering innovation
and quality improvement.
Browse over XX market data Figures spread through XX Pages and an
in-depth TOC on "Global Canine Orthopedics Market”
The Global Canine Orthopedics Market is segmented into application, product, end-use,
regional distribution, and company.
Based on the end-use, hospitals and clinics segment emerged
as the dominant segment in the global canine orthopedics market in 2023. The
increasing awareness and importance of pet healthcare have led to a rise in the
number of veterinary hospitals and clinics worldwide. Pet owners are
increasingly seeking specialized medical care for their canine companions,
including orthopedic treatments, to ensure their well-being and quality of
life. Advancements in veterinary medicine, particularly in the field of
orthopedics, have expanded the range of treatment options available for canine
patients. From minimally invasive procedures to innovative implant
technologies, veterinary hospitals and clinics are equipped to provide
comprehensive orthopedic care to address various musculoskeletal issues in
dogs. The expertise of veterinarians specializing in orthopedic surgery plays
a pivotal role in driving the dominance of this segment. Veterinarians undergo
extensive training and acquire specialized skills to diagnose and treat
orthopedic conditions in dogs effectively. This expertise, coupled with
state-of-the-art facilities and equipment available in veterinary hospitals and
clinics, instills confidence among pet owners in seeking orthopedic care for
their beloved pets. The rising prevalence of orthopedic conditions in canines,
such as osteoarthritis and ligament injuries, further fuels the demand for
orthopedic services offered by veterinary hospitals and clinics. As the canine
population continues to grow and age, the need for specialized orthopedic care
is expected to persist, sustaining the dominance of this segment in the global
canine orthopedics market..
In the forecast period, North America is poised to lead the global
canine orthopedics market, boasting the largest market share. This dominance
can be attributed to various factors. The region boasts a robust veterinary
healthcare infrastructure, comprising numerous specialized clinics, hospitals,
and veterinary professional’s adept in orthopedic surgery and therapies.
Additionally, ongoing advancements in veterinary medicine and orthopedic
technologies, supported by extensive research and development activities,
continually enhance the quality and efficacy of orthopedic treatments available
in North America. Moreover, favorable reimbursement policies, widespread pet insurance
coverage, and the steady rise in disposable incomes further facilitate access
to orthopedic care for canines throughout the region. These combined elements
create a conducive environment for North America to maintain its dominance in
the global canine orthopedics market during the forecast period.
Major companies operating in Global Canine Orthopedics Market are:
·
B. Braun SE
·
Movora
·
Steris Plc
·
Johnson & Johnson Services, Inc.
·
Cencora, Inc.
·
Arthrex, Inc.
·
Orthomed (UK) Ltd
·
Veterinary Instrumentation Ltd
·
Fusion Implants
·
Narang Medical Limited
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“The Global Canine Orthopedics
Market is poised for significant growth in the coming years. Rising pet
ownership rates worldwide, fueled by changing lifestyles and increased
urbanization, are expected to drive demand for orthopedic care for canine
companions. Technological advancements in veterinary orthopedics, such as 3D
printing technology and minimally invasive surgical techniques, are further
enhancing treatment options and improving patient outcomes. Moreover, the
expansion of veterinary specialty services, including orthopedic surgery and
rehabilitation, is increasing accessibility to specialized care for canine
patients.” said Mr. Karan Chechi, Research Director of TechSci Research, a
research-based management consulting firm.
“Canine Orthopedics Market -
Global Industry Size, Share, Trends, Opportunity and Forecast, Segmented By
Product (Implants, Instruments), By Application (TPLO, TTA, Joint Replacement,
Trauma, Others), By End-use (Hospitals & Clinics, Others), By Region and
Competition, 2019-2029F”, has evaluated the future growth potential of
Global Canine 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 Canine
Orthopedics Market.
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