VETERINARY ORTHOPEDICS MARKET Challenges and Opportunities

One of the major challenges faced by the global veterinary orthopedics market is the high costs associated with advanced orthopedic procedures. As veterinary orthopedic procedures become more advanced and complex using specialized implants, equipment and technology, the costs associated have significantly increased over time. Advanced orthopedic surgeries like knee and hip replacements that commonly involve titanium or steel implants can cost thousands of dollars for pet owners. The use of cutting-edge 3D printing technology and customized implants and prosthetics have further driven up costs.

Market Opportunity - Growing demand for minimally invasive surgical techniques

One of the major opportunities for the global veterinary orthopedics market is the growing demand for minimally invasive surgical techniques. With rising preference among pet owners for procedures that can reduce surgical trauma, recovery time and post-operative pain for pets, there is strong demand for minimally invasive options. Veterinary surgeons are increasingly adopting minimally invasive techniques that involve smaller incisions, specialized equipment and endoscopes for procedures like ligament repair and fracture fixations. This has fueled development of innovative products like arthroscopic implants.