Veterinary Orthopedic Market Witness High Growth Owing To Increasing Incidences Of Orthopedic Disorders In Companion Animals
- Ronak Shah
- D.O.C Supplements - Trending News
- January 14, 2025

The veterinary orthopedic market is estimated to be valued at US$ 625.1 Mn in 2024 and is expected to exhibit a CAGR of 8.5% over the forecast period 2024- 2031, as highlighted in a new report published by Coherent Market Insights’The growth of the veterinary orthopedic market is driven by the increasing incidences of orthopedic disorders in companion animals and advancement in veterinary orthopedic devices.
According to American Veterinary Medical Association (AVMA), around 25% dogs and 20% cats suffers from at least one musculoskelatal disorder by 1 year of age or older. Moreover, aging pet population also contributes to the growth of orthopedic disorders. Advancement in veterinary orthopedic devices such as locking plates, intramedullary pins, and specialized screws results in better clinical outcomes, which fuels the market growth.
Key Market Trends: Rise in pet insurance and increase in number of veterinary practitioners are some of the major trends driving the growth of the veterinary orthopedic market. According to North American Pet Health Insurance Association, nearly 2 million pets were insured in 2018 in the US as compared to 1.3 million pets in 2014. This increases the ability of pet owners to opt for veterinary orthopedic surgeries. Moreover, the number of veterinary practices have grown at 2.6% annually between 2012- 2017 according to AVMA, which also augment the adoption of veterinary orthopedic devices.
Veterinary Orthopedic Implants Market Opportunity By Product Type-The veterinary orthopedic implants market, by product type, is segmented into implants, instrumentation, and others. Implants held the largest market share in 2019. This segment is expected to grow at a CAGR of 8.9% during the forecast period. The large share and high growth can be attributed to the increasing incidence of orthopedic diseases and injuries in companion animals. Implants such as plates, screws, pins/wires, rods, and others are widely used in various veterinary orthopedic surgeries for bone reconstruction and fracture repair.
By Application-Total Hip Replacement, Total Elbow Replacement, Total Knee Replacement, Trauma Fixation are the key application segments of the veterinary orthopedic implants market. Total hip replacement held the largest share in 2019 and is anticipated to register a CAGR of 9.1% during the forecast period. The increasing prevalence of hip dysplasia and other degenerative joint diseases in dogs and rising total hip replacement surgeries are some of the major factors responsible for the large share and high growth of this segment.
Key Market Takeaways:The global veterinary orthopedic implants market size was valued at USD 625.1 Mn in 2024 and is anticipated to witness a CAGR of 8.5% during the forecast period 2024-2031. Growing pet adoption and increasing animal healthcare expenditure are expected to drive market growth.
By product type, the implants segment is expected to hold a dominant position owing to rising incidence of orthopedic diseases and injuries in companion animals.
On the basis of application, total hip replacement segment is expected to hold a dominant position over the forecast period, due to increasing prevalence of hip dysplasia in dogs.
Regionally, North America is expected to hold a dominant position over the forecast period, due to rising animal healthcare expenditure and availability of advanced veterinary services in the region.
Competitor Insights:Some of the leading players operating in the veterinary orthopedic implants market include Medtronic., JORVET., NCS, Veterinary Orthopedic Implants., KYON., BioMedtrix., and Veterinary Instrumentation. These players are focusing on new product launches and geographic expansions to increase their market share.
Recent Developments: June 2023 saw notable developments strengthening the foundations of veterinary orthopedic medicine. Manufacturers stepped up new product innovation while veterinary infrastructure incorporation closed reduction surgery enhanced. Rising specialization brought advanced reconstructive skills within wider reach. Collectively, these advances aim to restore pets to health and activity fully through state-of-art musculoskeletal care. The market is poised for consistent growth backing pet owners’ commitment to their animals’ well-being. More information in full report.