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Veterinary Orthopedic Implants Market Size

  • Report ID: GMI4535
  • Published Date: May 2023
  • Report Format: PDF

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Veterinary Orthopedic Implants Market Size

Veterinary Orthopedic Implants Market size was valued at around USD 360 million in 2022 and is estimated to witness 2032. The rise in the occurrence of orthopedic disorders in animals, such as injury and arthritis, is driving the global market growth.

 

Veterinary Orthopedic Implants Market

Growing cases of cruciate ligament rupture in dogs globally is expected to supplement the market growth. For instance, the condition leading to cranial cruciate ligament rupture (CCLR) is often present in both knees, and about 30-50% of dogs will rupture both cranial cruciate ligaments (CCLs) within 1-2 years. Thus, increasing cases of cranial cruciate ligament rupture will accelerate the market growth.
 

Furthermore, the veterinary orthopedic implants market is predicted to rise due to the availability of enhanced animal healthcare infrastructure, an increase in unmet animal healthcare demands, and a surge in product demand.
 

Veterinary orthopedic implants are medical devices designed for use in animals to stabilize and support bones and joints that have been damaged or weakened due to injury, disease, or congenital conditions. These implants are typically made from biocompatible materials such as titanium, stainless steel, or cobalt chromium alloy and are surgically implanted into the affected area to provide support, stability, and alignment during the healing process.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Global market for veterinary orthopedic implants was worth around USD 360 million in 2022 and is expected to reach USD 750.5 million by 2032, driven by the increasing incidences of orthopedic disorders in animals.

Implants segment garnered USD 236.7 million in revenue in 2022, attributed to the high incidence rate of musculoskeletal or orthopedic injuries in animals.

The companion animals segment comprising dogs, cats, and others amassed approximately 86.3% market share due to a significant rise in pet ownership and increased consciousness about animal health concerns.

U.S. veterinary orthopedic implants market was worth USD 106.2 million in 2022, driven by the escalating rate of pet adoption and an increasing number of veterinary hospitals & clinics in the country.

Veterinary Orthopedic Implants Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 10
  • Tables & Figures: 514
  • Countries covered: 24
  • Pages: 466
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