Key Takeaways from Analyst
Global canine orthopedics industry is set for steady growth, driven by rising canine orthopedic diseases and increasing pet humanization. Greater veterinary healthcare spending highlights pet owners' willingness to treat conditions like hip dysplasia and arthritis. Challenges include high implant costs and low awareness in emerging regions, with alternatives like stem cell therapy posing competition. Opportunities lie in 3D-printed implants, cost-effective synthetic substitutes, and robotic surgeries. North America leads, but Asia Pacific is growing rapidly due to improving veterinary care.
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