Market Highlights:
Veterinary Pain Management Market is growing rapidly and pervasively mainly due to the spreading
awareness towards animal care. People are generally compassionate towards their pets, and they are
increasingly becoming aware of animal physiology and psychology and the pain they go through during
sickness, injuries, recoveries and after effects of the diseases. Besides, factors such as the increasing
number of pet owners and the strengthening bond between owners and their animal companions
escalate the market on the global heights.
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Acknowledging the rapid expansions, the market perceives currently, Market Research Future
(MRFR) in its recently published study report asserts that the global Veterinary Pain Management Market is expected to register a CAGR of 6.46% during the assessment period of 2020 to 2027, to reach USD 4,582.8 Million by 2027.
Additional factors substantiating the market growth include the rising per capita income that is leading
to increasing the pet adoptions and the trend of nuclear families. Increased awareness concerning
animal cruelty is influencing people’s ideologies and knowledge about animals.
Moreover, developments in animal health medicines and vaccines, along with the increased medical
treatments are fostering the market growth of veterinary pain management market. Increased R&D
expenditure to bring innovations in the products, and development of better and effective veterinary
pharmaceuticals and vaccines, etc. are contributing to the market growth.
Improving economic conditions worldwide foster market growth, enabling access to the quality of life,
increasing consumers’ buying power, and availing cost-effective veterinary healthcare.
On the other hand, factors such as the lack of awareness and knowledge pertaining to the animal well-
being and the rising cost of pet care, etc. are expected to impede the market growth. Also,
unavailability of skilled doctors is a major restraint the market is confronting with. Nevertheless,
technological advancement, increasing number of ambulatory services coupled with the government
and public organizations initiatives like PETA, working towards animal rights and liberation are
expected to support market growth.
Veterinary Pain Management Market - Segmentations
Global Veterinary Pain Management Market, by Product
- Medication
- NSAIDs
- Meloxicam
- Etodolac
- Others
- Opioids
- Morphine
- Codeine
- Fentanyl
- Hydromorphone
- Others
- Local Anesthetics
- Lidocaine
- Bupivacaine
- Chloroprocaine
- Others
- Αlpha 2-Adrenergic Agonists
- Medetomidine
- Xylazine
- Sedatives
- Muscle Relaxants
- Others
- Route of Administration
- Oral
- Parenteral
- Topical
- NSAIDs
- Devices
- Laser Therapy Devices
- Electromagnetic Therapy Devices
Global Veterinary Pain Management Market, by Animal Type
- Companion Animals
- Dogs
- Cats
- Horses
- Others
- Livestock Animals
- Cattle
- Pigs
- Poultry
- Others
Global Veterinary Pain Management Market, by Application
- Joint Pain
- Osteoarthritis
- Musculoskeletal Disorders
- Postoperative Pain
- Cancer
- Others
Global Veterinary Pain Management Market, by Distribution Channel
- Veterinary Hospitals & Clinics
- Pharmacies
- Online Pharmacies
Veterinary Pain Management Market - Geographical Analysis
The North American region accounts for the leading market for veterinary pain management majorly
due to the availability of a range of animal care products, emphasis on animal health, and stringent
government regulations. Also, technological innovations in the field of veterinary surgical
instruments are acting as a tailwind pushing up the market growth in the region.
Additional factors such as growing insurance coverage schemes are expected to push the growth of
the veterinary pain management market in the region. Moreover, the increasing number of pets and a
large patients’ pool, contribute to the growth of the regional market, demanding various treatment
procedures and surgeries.
Countries such as Canada and the US are focusing on exporting surgical equipment and surgical
suturing material across the world, which, in turn, is increasing the size of the market in this region.
Besides, the growing number of veterinary hospitals fuel market growth.
The Veterinary Pain Management Market in the European region stands the second position in terms
of the market size, owing to the increasing pet ownership fuelled by the tax benefits granted by the
government. Increase in animal diseases has led to an increasing number of surgeries and veterinary
healthcare organizations. European countries like Germany, France, and the U.K, backed by the
significant expenditures in the field of manufacturing of veterinary medical and surgical devices,
majorly contributes to the growth of the regional market.
The Asia Pacific region is emerging as a promising market for companion veterinary pain
management. China among other APAC dominates the regional market whereas, India accounts for
the fastest growing market, followed by Australia and Japan. Factors such as the presence of a large
patient’s pool, increasing awareness towards animal health, and the improving economy are few of
the driving forces pushing up the market in the region.
Veterinary Pain Management Market - Competitive Landscape
The fiercely competitive veterinary pain management market appears to be fragmented due to many
players forming a competitive landscape. Mergers & acquisitions, innovations, and Brand
reinforcement remain the popular trends for the market players. Acquisitions of local manufactures
by multinational companies are changing the market structure, increasing the profit of the company
by reducing the competition significantly.
Key Players:
Some of the players leading the market include Zoetis, Boehringer Ingelheim, Chanelle, Ceva Santé
Animale, Dechra Pharmaceuticals, Norbrook Laboratories, Merck Animal Health, Elanco, Assisi
Animal Health, Bayer, and Vetoquinol.
Industry/ Innovation/ Related News:
November 08, 2018 – Vetoquinol USA, a world-class developer of veterinarian-approved formulas for
large animal healthcare products, announced the launch of its rebranded product line - EQUISTRO®.
The rebranding includes new packaging for products and others. All EQUISTRO products are now
available in veterinary clinics and in retail stores that sell feed, farm supplies, horse tack, and equine
products. The rebranding strategy helps to expand the products available for performance horses
through Vetoquinol.
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