Veterinary Orthopedics Market Trends

Skyquest Technology's expert advisors have carried out comprehensive research on the veterinary orthopedics market to identify the major global and regional market trends and growth opportunities for leading players and new entrants in this market. The analysis is based on in-depth primary and secondary research to understand the major market drivers and restraints shaping the future development and growth of the industry.

Veterinary Orthopedics Market Dynamics

Veterinary Orthopedics Market Drivers

Increasing Pet Ownership and Humanization

  • The more families view pets as a core member of their unit, which is also known as the pet humanization trend, the further the demand for orthopedic treatments rises. The necessity of specialized veterinary orthopedic procedures, like joint replacements, fracture repairs, and ligament surgeries, has been on the rise as consumers prioritize the health of their pets, thus resulting in further market growth.

Advancements in Veterinary Medical Technology

  • As is the case of human medicine, veterinary orthopedics has grown exponentially as a result of advancements in medical technology. Technological improvements in imaging technologies like digital radiography and CT scans, and surgical tools have furthered diagnostic precision and surgical results. The developments mentioned here have made undertaking minimally invasive operations easier and heightened accuracy of orthopedic diagnosis, thus decreasing patient discomfort and rehabilitation period. The market’s expansion is owed to the accessibility of novel methods and equipment.

Veterinary Orthopedics Market Restraints

High Cost of Advanced Procedures

  • Though advanced veterinary orthopedic operations can improve mobility in pets and enhance their quality of life, they are generally quite costly. Pet owners may find the higher cost of the specialized tools, supplies, and vets required for the treatments of their pets to be a financial burden. Therefore, cost issues could potentially inhibit the expansive use of specialized orthopedic procedures, especially among populations with a lower disposable income.

Limited Veterinary Specialists

  • In case of animal orthopedic surgery, specialized knowledge and expertise is required. The scarcity of veterinary orthopedic specialists can be an inhibitor for market expansion. Though the need for these devices continues to grow, there are comparatively few specialists with the experience to conduct orthopedic surgeries. By limiting accessibility of specialized treatments and increasing wait times, this challenge can prevent market growth.

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Veterinary Orthopedics Market size was valued at USD 466.18 million in 2021 and is poised to grow from USD 499.98 million in 2022 to USD 875.24 million by 2030, growing at a CAGR of 7.25% in the forecast period (2023-2030).

A large number of renowned market participants who are engaged in intense rivalry to gain a considerable market share have fueled the fierce competition present in the veterinary orthopedics market. Some of these industry leaders are Veterinary Orthopedic Implants, DePuy Synthes Vet, KYON Veterinary Surgical Products, and BioMedtrix. 'DePuy Synthes Vet (USA)', 'Veterinary Orthopedic Implants (USA)', 'BioMedtrix (USA)', 'IMEX Veterinary (USA)', 'Kyon Veterinary Surgical Products (Switzerland)', 'Scil Animal Care (Germany)', 'Securos Surgical (USA)', 'Orthomed (UK)', 'Jørgen Kruuse A/S (Denmark)', 'B.Braun Vet Care (Germany)', 'BioMed Animal Health (USA)', 'Everost Inc. (USA)', 'BioMedtrix LLC (USA)', 'Intrauma (Italy)', 'Fusion Implants (USA)', 'Jindal Medi Surge (India)', 'OrthoPets (USA)', 'Integra LifeSciences (USA)', 'MWI Animal Health (USA)', 'IDEXX Laboratories (USA)', 'GPC Medical Ltd. (India)', 'NeuroLogica Corporation (USA)', 'GerVetUSA (USA)', 'Eickemeyer Veterinary Equipment (Germany)', 'Infiniti Medical (USA)'

The more families view pets as a core member of their unit, which is also known as the pet humanization trend, the further the demand for orthopedic treatments rises. The necessity of specialized veterinary orthopedic procedures, like joint replacements, fracture repairs, and ligament surgeries, has been on the rise as consumers prioritize the health of their pets, thus resulting in further market growth.

Rise in Pet Ownership and Humanization: The humanization of pets and rising pet ownership rates are driving the expansion of the veterinary orthopedics market. Pet owners are looking for cutting-edge medical procedures and treatments for their animals, eventually turning to orthopedic surgery. Owing to this trend, the demand for veterinary orthopedic goods and services has risen. The pet owners’ capability of making financial commitments for the pets’ health and wellbeing is fueling market expansion. This has sparked the development of innovative and advanced orthopedic implants, tools, and procedures.

The rising demand for advanced medical equipment and procedures for the treatment of orthopedic issues in animals is what defines the veterinary orthopedics market. Out of this, North America is at the top of the market, thanks to its well-established research infrastructure, developed healthcare network, and high rates of pet ownership. Its focus on providing specialized and advanced veterinary care, especially when it comes to orthopedic operations, are the reasons for the region’s supremacy in the market.

Veterinary Orthopedics Market size was valued at USD 536.23 Million in 2023 and is poised to grow from USD 575.11 Million in 2024 to USD 1006.76 Million by 2032, growing at a CAGR of 7.25% during the forecast period (2025-2032).

A large number of renowned market participants who are engaged in intense rivalry to gain a considerable market share have fueled the fierce competition present in the global veterinary orthopedics market. Some of these industry leaders are Veterinary Orthopedic Implants, DePuy Synthes Vet, KYON Veterinary Surgical Products, and BioMedtrix. 'DePuy Synthes Vet (USA)', 'Veterinary Orthopedic Implants (USA)', 'BioMedtrix (USA)', 'IMEX Veterinary (USA)', 'Kyon Veterinary Surgical Products (Switzerland)', 'Scil Animal Care (Germany)', 'Securos Surgical (USA)', 'Orthomed (UK)', 'Jørgen Kruuse A/S (Denmark)', 'B.Braun Vet Care (Germany)', 'BioMed Animal Health (USA)', 'Everost Inc. (USA)', 'BioMedtrix LLC (USA)', 'Intrauma (Italy)', 'Fusion Implants (USA)', 'Jindal Medi Surge (India)', 'OrthoPets (USA)', 'Integra LifeSciences (USA)', 'MWI Animal Health (USA)', 'IDEXX Laboratories (USA)', 'GPC Medical Ltd. (India)', 'NeuroLogica Corporation (USA)', 'GerVetUSA (USA)', 'Eickemeyer Veterinary Equipment (Germany)', 'Infiniti Medical (USA)'

The more families view pets as a core member of their unit, which is also known as the pet humanization trend, the further the demand for orthopedic treatments rises. The necessity of specialized veterinary orthopedic procedures, like joint replacements, fracture repairs, and ligament surgeries, has been on the rise as consumers prioritize the health of their pets, thus resulting in further market growth.

Rise in Pet Ownership and Humanization: The humanization of pets and rising pet ownership rates are driving the expansion of the global veterinary orthopedics market. Pet owners are looking for cutting-edge medical procedures and treatments for their animals, eventually turning to orthopedic surgery. Owing to this trend, the demand for veterinary orthopedic goods and services has risen. The pet owners’ capability of making financial commitments for the pets’ health and wellbeing is fueling market expansion. This has sparked the development of innovative and advanced orthopedic implants, tools, and procedures.

The rising demand for advanced medical equipment and procedures for the treatment of orthopedic issues in animals is what defines the global veterinary orthopedics market. Out of this, North America is at the top of the market, thanks to its well-established research infrastructure, developed healthcare network, and high rates of pet ownership. Its focus on providing specialized and advanced veterinary care, especially when it comes to orthopedic operations, are the reasons for the region’s supremacy in the market.

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Global Veterinary Orthopedics Market
Veterinary Orthopedics Market

Report ID: SQMIG35E2035

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