U.S. Veterinary Orthopedic Medicine Market 2030: The Rise of Regenerative Treatments
U.S. Veterinary Orthopedic Medicine Market Overview The U.S. veterinary orthopedic medicine market was valued at USD 503.41 million in 2023 and is projected to grow to USD 814.51 million by 2030, expanding at a compound annual growth rate (CAGR) of 7.2% between 2024 and 2030. This growth is primarily driven by factors such as the rising pet population, advances in veterinary medicine, increased uptake of pet insurance, and a growing incidence of orthopedic conditions in animals. One significant contributor to market expansion is the increasing prevalence of osteoarthritis (OA) in dogs. According to a 2022 article in Frontiers , OA affects 2.5% of dogs clinically. However, post-mortem analysis indicates a much higher prevalence—around 20%—highlighting its extensive impact. Additionally, data from the National Center for Biotechnology Information in 2022 showed that veterinarians diagnosed OA in 38% of dogs (188 out of 500). Obesity, a known risk factor for orthopedic disor...