The increasing number of pet ownership and rising demand for pet insurance are major growth drivers for the veterinary orthopedic implants market. As more people are adopting pets and are willing to spend on their well-being, the demand for orthopedic implants for pets is expected to rise significantly in the coming years. Additionally, advancements in veterinary medicine and technology have led to the development of sophisticated orthopedic implants, driving growth in the market.
Industry
Report Coverage | Details |
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Segments Covered | Product, End User |
Regions Covered | • North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA) |
Company Profiled | DePuy Synthes Vet, KYON Pharma,, MWI Veterinary Supply Co., Vet Implants, Braun Melsungen AG, Everost,, IMEX Veterinary,, BioMedtrix, LLC, Securos Surgical, Vet Implants |
High costs associated with orthopedic implant surgeries and limited reimbursement options are major restraints for the veterinary orthopedic implants market. The high cost of implants and surgeries can deter pet owners from opting for orthopedic treatments for their pets. Moreover, the lack of insurance coverage or limited reimbursement options for such procedures can further restrain the market growth in certain regions.