Veterinary Orthopedic Medicine Market Expansion Continues, with Forecast Valuation of $5.74 Billion by 2029

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Veterinary Orthopedic Medicine Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Significant growth has been observed in recent years within the veterinary orthopedic medicine industry. The market, which was valued at $3.69 billion in 2024, is expected to reach $4.04 billion in 2025, marking a compound annual growth rate (CAGR) of 9.5%. This noteworthy growth in the historical period can be credited to a number of factors including the rise of regenerative medicine, the integration of telemedicine, an increase in veterinary orthopedic specialists, a surge in the use of viscosupplementation products, and enhanced awareness of animal health.

Veterinary Orthopedic Medicine Market Size Forecast: What's the Projected Valuation by 2029?
The market for veterinary orthopedic medicine is projected to experience substantial growth in the upcoming years, escalating to a valuation of $5.74 billion in 2029 with a compound annual growth rate (CAGR) of 9.2%. Factors contributing to the growth forecast include an increasing occurrence of osteoarthritis, the rising uptake of pet insurance, a surge in obesity among companion animals, and an upswing in pet ownership and spending. The market trends to watch for during this forecast period encompass hybrid implants, cutting-edge materials, regenerative medicine, 3D imaging, and computerized tomography (CT).

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What Are the Drivers Transforming the Veterinary Orthopedic Medicine Market?
The surge in the number of orthopedic illnesses among pets is projected to boost the veterinary orthopedic medicine market's expansion. Orthopedic illnesses in pets pertain to disorders that impact the musculoskeletal system, predominantly in dogs and cats. Factors such as breed predispositions, escalating obesity rates, and environmental influences like insufficient exercise and poor nutrition contribute to the rising occurence of these diseases. Veterinary orthopedic medicine's significance lies in its ability to diagnose, treat, and manage pet orthopedic ailments. This not only alleviates pain, but also aids in restoring mobility and enhancing the general quality of life. For example, a report by the Morris Animal Foundation, a US-based non-profit organization, revealed in July 2024 that over 14 million adult dogs in the United States were diagnosed with osteoarthritis. Moreover, data suggests that nearly 90% of cats above the age of 12 display radiographic signs of osteoarthritis. This points to the widespread occurrence of this condition in older pets and emphasizes the need to raise awareness and advance in treatment possibilities. Consequently, the climbing incidences of pet orthopedic ailments are fueling the veterinary orthopedic medicine market's growth.

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What Long-Term Trends Will Define the Future of the Veterinary Orthopedic Medicine Market?
Leading veterinary orthopedic medicine providers are directing their investments towards state-of-the-art technologies like 3D printing labs for custom implants, innovative therapies involving stem cells and platelet-rich plasma (PRP), and sophisticated imaging techniques such as MRI and CT scans, designed specifically for animal patients. A 3D Printing Lab for Pet Orthopedic Surgeries is an exclusive establishment that harnesses the power of 3D printing technology to manufacture customized implants, prosthetics, and surgical instruments uniquely crafted for veterinary orthopedic operations. For instance, VCA Animal Hospitals, an American company known for their top-tier pet care, launched a 3D printing lab at their VCA Northwest Veterinary Specialists institution located in Clackamas, Oregon, in October 2024. With the use of superior 3D printing technology, this facility aims to revamp orthopedic surgeries for pets by producing customized implants and operation guides that cater to each pet's distinct anatomy. Since conditions like Osteoarthritis, which impacts 20% of dogs older than a year and 80% of those over eight, often requires surgical measures. With this customized approach, VCA aspires to foster quicker recuperation times and better surgical results, addressing complicated orthopedic conditions more proficiently than generic methods.

Which Segments in the Veterinary Orthopedic Medicine Market Offer the Most Profit Potential?
The veterinary orthopedic medicine market covered in this report is segmented -

1) By Product: Biologics, Viscosupplements, Pharmaceuticals
2) By Animal Type: Canine, Feline, Equine, Cattle, Swine, Other Animal Types
3) By Application: Osteoarthritis, Degenerative Joint Disease, Joint Inflammation Or Pain, Other Applications
4) By End-use: Veterinary Hospitals, Veterinary Clinics, Other End Users

Subsegments:
1) By Biologics: Platelet-Rich Plasma (PRP), Stem Cell Therapy, Bone Marrow Aspirate Concentrate (BMAC), Viscosupplements
2) By Viscosupplements: Hyaluronic Acid, Corticosteroid Injections
3) By Pharmaceuticals: Non-Steroidal Anti-Inflammatory Drugs (NSAIDs), Analgesics, Antibiotics

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Which Firms Dominate the Veterinary Orthopedic Medicine Market by Market Share and Revenue in 2025?
Major companies operating in the veterinary orthopedic medicine market are AmerisourceBergen Corporation, Johnson & Johnson, EVEROST Inc., Zoetis Inc., Elanco Animal Health, Integra lifesciences, Ceva Sante Animale, Virbac SA, STERIS Animal Health, Merck Animal Health (Merck & Co. Inc.), Veterinary Orthopedic Implants, American Regent, Bimeda U.S., B. Braun Melsungen AG, Coveto SA, Biogenesis Bago, Vetoquinol S.A., Avante Animal Health, Hyalogic LLC, Hester Biosciences, Petline Sa, Sklar Instruments, GerMedUSA, RWD Life Science, Orthomed (UK) Ltd., BioMedtrix LLC, IMEX Veterinary Inc.

Which Regions Offer the Highest Growth Potential in the Veterinary Orthopedic Medicine Market?
North America was the largest region in the veterinary orthopedic medicine market in 2023. The regions covered in the veterinary orthopedic medicine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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