Canine Orthopedics Market size is expected to be valued at USD 248.5 million in 2022 which is expected to grow at a CAGR of 8.8% over 2022-2028. Canine Orthopedics refers to surgery of the skeletal system and bones, tendons, ligaments, joints, and cartilage related to a dog or a cat. These surgeries help to enhance the quality of life of a dog by relieving its pain, improving the range of motion of the dog, and making him functional and stable. Rising government and private veterinary clinics and hospitals can lead to the growth of the canine orthopedics market. Moreover, the growing incidence of osteoarthritis and bone fractures among animals are some primary factors that can boost the global canine orthopedics market. Apart from these, the willingness to devote to surgical involvement by pet owners and awareness concerning animal healthcare can also accelerate the market in the future. An increase in pet owners with growing disposable income and increasing cases of obesity in pets due to an inactive lifestyle and too much eating can also drive the global market further. Moreover, the increasing canine orthopedics market trends among people for petting animals such as cats and dogs and the rising prevalence of orthopedic issues can propel the growth of the global canine orthopedics market. Apart from this, improvements in the infrastructure of veterinary hospitals can drive market growth. However, some factors such as expensive veterinary orthopedic implants and uncertain insurance of animal health. A lack of skilled veterinary professionals can hinder market growth. An increase in pet adoption due to an increase in disposable income can create an opportunity for the canine orthopedics market growth. Moreover, sustained upgradation of innovative healthcare infrastructure can offer lucrative opportunities to drive market growth.
Recent Market Developments:
In December 2020, N2 UK Ltd. launched a wide variety of implants and instruments to expand its business.
In November 20201, OrthoPets launched anatomically shaped casts to remove pressure sores.