Market Size of Veterinary Orthopedics Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| CAGR | 7.50 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Veterinary Orthopedics Market Analysis
The Veterinary Orthopedics market is expected to register a CAGR of 7.5% during the forecast period. This is attributing to the rising number of pet owners & veterinary practitioners, a growing number of government initiatives, increasing incidence of obesity. In addition, increasing the number of animal hospitals and rising demand for effective animal care will also contribute to the revenue growth of the market. As per the American Veterinary Medical Association, in 2017 pet owners in the United States spends around 15 billion on veterinary surgeries and it also said that number of veterinarians has increased from the past years. Moreover, sports activities conducted for pets in the United States will also have a high chance of injuries thus results in promoting the growth of the market. Furthermore, with the growing adoption of pets, technological advancements in veterinary orthopedic devices and increasing government initiatives associated with animals will also fuel the veterinary orthopedics market.
