Veterinary Prosthetics & Orthotics market Revenue Forecast by Regions 2030
Veterinary Prosthetics & Orthotics Industry Overview The veterinary prosthetics & orthotics market size was valued at USD 32.3 million in 2021 and is estimated to grow at a compound annual growth rate (CAGR) of 8.9% from 2022 to 2030. The growing number of companion animals, adoption of dog insurance policies, initiatives by key market players, and a growing number of veterinary orthopedic surgeries are some of the key drivers of this market. According to the North American Pet Health Insurance Association (NAPHIA), the region had about 3.45 million insured pets in 2020. This number was notably higher than the 2.81 million pets insured in 2019. Gather more insights about the market drivers, restrains and growth of the Global Veterinary Prosthetics & Orthotics Market The COVID-19 pandemic adversely impacted the market. This was due to movement restrictions, postponed or cancellation of elective veterinary orthopedic surgeries, and reduced veterinary visits leading to lo...