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The global veterinary orthopaedic implants market reached a value of about USD 116.49 million in 2024. The market is further expected to grow at a CAGR of 7.10% in the forecast period of 2025-2034 to reach a value of nearly USD 215.41 million by 2034.
North America is one of the leading markets for veterinary orthopaedic implants, largely due to the involvement of major players in large expansion strategies. In addition, increased R&D spending from the companies is one of the key growth drivers propelling the market forward. Europe is also a significant region in the industry due to the high pet ownership rates and the increasing awareness of pet health. In the coming years, the industry in the Asia Pacific region is projected to witness a healthy growth rate as the pet ownership rates increase in the region, along with the rising awareness of livestock healthcare.
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Orthopaedic implants are the medical devices like screws, plates, and prostheses, which aim to replace damaged or missing joints or bones. The scope of veterinary orthopaedic implants is increasing rapidly as owners of livestock and pets are increasingly investing in medical care, including repairing and healing injuries to bones and joints caused by diseases or injuries.
Based on product type, the industry can be divided into:
Veterinary orthopaedic implants find wide applications in the following segments:
The major end-uses in the industry can be segmented as follows:
The regional markets can be divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Rising Pet Ownership Rates Expected to Bolster the Veterinary Orthopaedic Implants Market
The growth of the global veterinary orthopaedic implants industry is aided by the rising pet ownership, as well as the increased awareness and spending on animal welfare. The expanding disposable incomes of pet owners, rapid urbanisation and the rising penetration of veterinary clinics are further catalysing the market growth. The rise in the incidence of obesity and arthritis among pets and livestock is also expected to aid the growth of the market.
The rising government support for veterinary care, along with the rising approval of new implant products by regulatory authorities, is also expected to fuel the market in the coming years. Rapid technological advancements and innovations in the industry are further projected to catalyse the market growth in the coming years.
Key Industry Players in the Global Veterinary Orthopaedic Implants Market
The report gives a detailed analysis of the following key players in the global veterinary orthopaedic implants market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2024 |
Forecast Period | 2025-2034 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product Type |
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Breakup by Application |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global veterinary orthopaedic implants market reached a value of USD 116.49 million in 2024.
The market is projected to grow at a CAGR of 7.10% in the forecast period of 2025-2034.
The market is estimated to reach a value of about USD 215.41 million by 2034.
The major drivers of the market include rising disposable incomes, increasing population, rising animal health awareness, growing incidences of arthritis among animals, and the rising R&D spending from the companies.
The rising penetration of veterinary clinics, growing government support, and rapid technological advancements are expected to be the key trends guiding the growth of the market.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market.
The major product types in the market are plates, screws, jigs, and pins and wires, among others.
The various applications of veterinary orthopaedic implants are knee replacement, hip replacement, elbow replacement, and trauma fixation, among others.
Veterinary hospitals and veterinary clinics, among others, are the significant end uses of veterinary orthopaedic implants.
The key market players include B. Braun Vet Care GmbH, Everost Inc., BioMedtrix, LLC, Veterinary Orthopaedic Implants, Inc., and Kyon AG, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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