Monday, 23 March 2020

News: Neurovascular Devices Market Size by Analysis and Growth

Neurovascular Devices Market Synopsis:
Increased incorporation of advanced technology in the healthcare sector has led to the development of various medical devices that can be utilized to treat complex medical conditions. Neurovascular devices are advanced medical devices that are used to treat various neurovascular diseases that can affect the central nervous system and associated vascular system. Market Research Future (MRFR) has published a report stating that the global neurovascular devices market is marked to expand at a noteworthy CAGR of 8.8% during the forecast period of 2017-2023.
High prevalence of neurovascular diseases in developed and developing regions as a result of changing lifestyle and increased healthcare expenditure are majorly fueling the expansion of the global neurovascular devices market during the assessment period. Increased research and development expenditure and rapid technological advancement in the healthcare sector are also propelling the expansion of the global neurovascular devices market. However, poor economic conditions and lack of primary healthcare facilities are likely to restrain the expansion of the global neurovascular devices market during the forecast period. 
Neurovascular Devices Market Segmentation:
The global market for neurovascular devices has been segmented on the basis of product, therapeutic application, and end-user. Based on product, the neurovascular devices market has been segmented into aneurysm coiling and embolization devices, neurothrombectomy devices, support device, and cerebral balloon angioplasty and stenting systems. The aneurysm coiling and embolization devices segment has been sub-segmented into embolic coils, flow diversion devices, and liquid embolic. The embolic coils sub-segment includes detachable coils and pushable coils. The neurothrombectomy devices segment has been sub-segmented into retrieval systems and suction & aspiration devices. The support device segment has been sub-segmented into microguidewires and microcatheters. The cerebral balloon angioplasty & stenting systems segment has been sub-segmented into embolic protection systems and carotid artery stents. The embolic protection systems segmented is further segmented into balloon occlusion devices and distal filter devices. Based on therapeutic application, the neurovascular devices market has been segmented into hemorrhagic stroke and ischemic strokes. Based on end-users, the neurovascular devices market has been segmented into hospitals & clinics, and ambulatory surgical units.
Neurovascular Devices Market Regional Analysis:
Geographically, the global neurovascular devices market has been segmented into four major regions such as Americas, Europe, Asia Pacific, and the Middle East and Africa. The Americas is dominating the global neurovascular devices market owing to the high prevalence of neurovascular diseases, increased healthcare expenditure as a result of increased disposable income, easy adoption of technologically advanced medical devices and the presence of well-developed healthcare sector in this region. The Europe region commands second largest share in the global neurovascular devices market owing to the rapid technological advancement and increased research and development activities for the introduction of advanced medical devices in the developed healthcare sector of this region. The neurovascular devices market in the Asia Pacific region is expanding at the fastest growth rate owing to the increased awareness regarding the availability of advanced medical devices and increased government funding for the development of healthcare sector in this region. Whereas, poor economic condition and absence of primary healthcare facilities in the underdeveloped countries are restraining the growth of the neurovascular devices market in the Middle East and Africa region.     
 Neurovascular Devices Market Top Key Players:
The key players profiled by MRFR that are operating in the global neurovascular devices market are Stryker, Medtronic, Johnson & Johnson Services, Inc., TERUMO CORPORATION, Abbott, Merit Medical Systems, Inc., Medikit co., ltd., Penumbra, Inc., MicroPort Scientific Corporation, Evasc, Rapid Medical, Neuravi, W. L. Gore & Associates, Inc., OxfordEndovascular, Sensome, Blockade Medical, LLC., Delaware Corporation, Secant Group, LLC, and Gynesonics. The players in the global neurovascular devices market are aiming towards expansion of their businesses on global level by introducing advanced devices through increased research and development expenditure and strategic mergers and acquisitions are aiding these players in maintaining their dominance in the highly competitive environment of the global neurovascular devices market.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

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Dermabrasion and Microneedling Market Overview 2019, Global Demand, Industry Growth Rate, Drug Development Pipeline, SWOT Analysis, Regional Dermabrasion and Microneedling Market

Dermabrasion and Microneedling Market Summary
The global dermabrasion and microneedling market is on its way to attain the CAGR of 3.68% during the forecast period (2014-2023), says Market Research Future (MRFR).
Growth Boosters and Top Challenges
At present, there are a number of surgical procedures available in the market used for treating different skin problems. Dermabrasion refers to an invasive surgical treatment for surgical scars, acne, rhinophyma, actinic keratosis, among others. The procedure is also useful in tattoo removal as well as treating sun damaged skin. It takes place under local anesthesia and could lead to sensitive and pinkish coloration of the skin.
Microneedling, on the other hand, can be described as a minimally invasive procedure used to rejuvenate skin with minimal side effects. This procedure is rising in popularity, mostly in the developed nations due to several advantages offered by it, including best results, less treatment time, to name a few.
The dermabrasion and microneedling market benefits from the rising demand for new minimally invasive procedures for skin rejuvenation. Additionally, availability of technologically sophisticated devices assists in market growth. But, the high cost of these procedures could slow down the market growth rate in the coming years. However, with the advancement in science and technology and subsequent expansion of the healthcare industry, the market is touted to have excellent growth during the appraisal period.
Market Segmentation
The worldwide market for dermabrasion & microneedling has been segmented on the basis of dermabrasion device type, micro-needling device type, needle material, application, and end user.
The types of dermabrasion devices are manual dermabraders and motorized dermabraders.
Depending on the microneedling device type, the market covers derma-stamp, dermapen, dermarollers, and others
With respect to the needle material, the market caters to silicon, glass, and metal.
Application-based segments in the dermabrasion & microneedling market are acne scar, skin rejuvenation, acne vulgaris, traumatic & surgical scars, and others.
The end users mentioned in the report include hospitals, dermatology clinics, and others.
Significant Players
Bellaire Industry (U.S.), Salient Medical Solutions (U.S.), CONMED Corporation. (U.S.), MicroAire Surgical Instruments (U.S.), 4T Medical (U.K), Delasco (U.S.), Stryker (U.S.), Bellus Medical (U.S.), Osada, Inc. (U.S.), Dermapen World (Australia), MDPen (Georgia), Emage Medical (U.S.), DermaQuip. (U.S.), George Tiemann & Co. (U.S.), Eclipse Aesthetics (U.S.), Dr. Ron Shelton. (U.S.), Medtronic (U.S.), are some of the significant players in the worldwide dermabrasion and microneedling market.
Key Findings
  • On the basis of dermabrasion device type, the motorized dermabraders is the largest market which is expected to grow at a CAGR of 3.24%
  • On the basis of application, the skin rejuvenation holds the largest market share and is expected to grow at a CAGR of 3.04%
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
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Head Trauma Market Size, Share Analysis, Strategies, Revenue and Forecasts to 2023

Head Trauma Market – Overview
Rise in the number of trauma cases globally especially those of head trauma have prompted an increase in the demand for treatment. Market reports connected with the healthcare industry have been made accessible by Market Research Future who publishes reports on other sectors that have been recently put out along with a report on this industry. The market growth is foreseen to grow with a CAGR of 8.3% over the forecast period. The progress of the market is expected to benefit from the development of new technologies in the upcoming forecast period.
Segmental Analysis 
The segmentation of the head trauma market is segmented on the basis of types, diagnosis, treatment and end users. By types, the market is segmented into haemorrhage and hematoma. By diagnosis, the market is segmented into brain scans, physical examination, and CT scan. By treatment, the market segmentation comprises of anti-seizure drugs, medical treatment, and surgery. By end users, the market is segmented into research institutes and hospitals & clinics.
Detailed Regional Analysis  
The Americas region dominates the market due to the incidence of well-developed technology, growing patient population share with brain disorder, increasing health care spending, and budding government support for research & development. Additionally, intensified R&D activities and the focus of major companies are fuelling the market growth in this region. The European region has the next spot in the market due to the government support for research & development and accessibility of funds for research. This is projected to continue to drive the European market over the forecasted period. The Asia Pacific is showing the fastest growth due to the swiftly evolving healthcare technologies and high healthcare expenditure. Furthermore, the rising patient population in nations like India and South Korea are likely to fortify the market in the forecast period further. Conversely, the Middle East & Africa region controls the least stake in the market due to less accessibility of funds, inadequate medical facilities, and volatile political conditions in the African continent. 
Competitive Analysis 
The inventions in the products and services are the major factor in growing the market's yield and affecting the trends that are capturing attention in the market. The key success factors and players’ tendencies are regularly improving by the strategies being used by market contenders. The external factors are encouraging the market development which is dependent on the practices and the strategic roadmaps that are developed by market competitors. The significant contenders functioning in the market are GE Healthcare (U.S.), Fujifilm Holdings (Japan), Siemens Healthcare (U.S.), Shimadzu Corporation (Japan), Philips Healthcare (U.S.), Nihon Kohden Corporation (Japan), Toshiba Medical Systems Corporation (Japan), Electrical Geodesics Inc. (U.S.), Carestream Health (U.S.), Masimo Corporation (U.S.), Hologic (U.S.), Esaote (Italy), and others.
Industry Updates:
Feb 2018 The first blood test to evaluate mild traumatic brain injury (mTBI) or concussion has been permitted to be marketed by the U.S. Food and Drug Administration. The FDA reviewed and authorized for marketing the Banyan Brain Trauma Indicator in less than six months as a portion of its Breakthrough Devices Program.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

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Global & Regional Forecast of Biological Stains Market from 2018 To 2023

Biological Stains Market Highlights
Staining is a supplementary technique used to enhance the contrast in the microscopic image.  Biological stains are essential in the identification of physical, chemical and structural characteristics of biological content. The increasing use of stains in healthcare and life sciences research, the surge in the number of infectious diseases and increasing commercial use of stains are the factors responsible for the growth of the biological stains market. Additionally, increasing R&D spending and aggressive strategies adopted by the top players, such as new product launches, and merger and acquisition activities are contributing to the growth of the market. For instance, in January 2017, Bio-Rad Laboratories announced the acquisition of RainDance Technologies for approximately USD  87 million. RainDance Technologies offers products such as microdroplet solutions for the early detection of cancer and other diseases.

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The high costs associated with biological stains, availability of substitutes and risk of contamination due to the use of biological stains are likely to hinder the market growth during the forecast period.
Regional Analysis
The market in the Americas is expected to dominate the global Biological Stains Market during the forecast period factors propelling the growth of the market are rising prevalence of infectious diseases, increasing use of stains in food testing, and the presence of a well-established healthcare system. The European market is expected to be the second-largest due to the increasing number of academic and research institutes in the region and with-it rising demand for biological reagents for research and academic purpose. Moreover, awareness about diagnostics and increasing expenditure on diagnostics are contributing to the growth of the market in this region. The market in Asia-Pacific is anticipated to be the fastest-growing during the forecast period owing to the increasing government support, rising investments in healthcare and the presence of well-established pharmaceutical market in the region. The market in the Middle East & Africa is likely to account for the smallest share of the global biological stains market due to the underdeveloped healthcare sector and lack of awareness.
Segmentation
The global biological stains market has been segmented on the basis of type, application, and end-user.
On the basis of type, the market has been classified as acid fuchsin, Congo red, crystal violet, eosin, methylene blue, iodine, safranin, and others. The eosin segment has been further divided into eosin Y, alcoholic eosin Y, eosin B, eosin- phloxine, and picro-eosin. The application segment has been further divided into histology, bacteriology, protein staining, gram staining, protein staining, DNA staining, and fluorescence microscopy.
The market, by end-user, has been segmented into diagnostic laboratories, academic and research institutes, pharmaceutical and biotechnology companies, and others.
Key Players
Some of the key players in the global biological stains market are Thermo Fisher Scientific Inc., Avantor, Becton, Dickinson and Company, Beckman Coulter, Inc., Merck KGaA, F. Hoffmann-La Roche Ltd, Bio-Rad Laboratories, Inc, Water Corporation, and bioMérieux SA.
Access Report @ https://www.marketresearchfuture.com/reports/biological-stains-market-6462

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
 MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com

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Global Body Contouring Devices and Procedures Market- Industry Trends, Size, Share, Growth and Research Report

Market Highlights:
The Global Body Contouring Devices and Procedures Market held a market value of USD 2,103 million in 2017 and is projected to grow at a CAGR of 6.6% over the forecast period.Body contouring is a altering the body part by improving the appearance. It involves the removal or transfer of fat to the body.  


Due to increasing prevalence of obesity across the globe many of the companies are in the race to introduce better treatment for obesity. Companies are using a trend of strategic alliance and acquisition to gain the market and minimize the competition in the market.
Additionally, the growing research and development expenditure by the government as well as private sector is likely to contribute to the market growth. As per the data by the Office for National Statistics, in 2016, the gross domestic expenditure on research and development (R&D) was Euro 33.1 billion (USD 35.2 billion) in the UK. However, the high cost of urgery with advanced technologies may hamper the market growth during the assessment period.
Regional Analysis:
On regional basis, the Americas is anticipated to dominate the global  [URL=https://www.marketresearchfuture.com/reports/body-contouring-devices-and-procedures-market-6935]body contouring devices and procedures market size[/URL]  owing to the growing R&D budgets by both government as well as commercial pharmaceutical and biotechnological companies and increasing adoption of advanced technologies in the region.  Europe is expected to hold the second largest position in the global body contouring devices and procedures market owing to the presence of strong academic & research base and availability of funding for research in the European countries. Asia Pacific has served an opportunity for developing body contouring market in this region due to increasing demand for the better treatment and devices and increasing prevalence of disease like diabetes and obesity. The Middle East & Africa has the least share of the global body contouring devices and procedures market. Moreover, the major market share of the region is expected to be held by the Middle East region owing to the increasing government initiatives for the healthcare sector.
Segmentation:
The global body contouring devices and procedures market has been segmented into type, procedure, and end user. By type, the market has been segmented into non-invasive & minimally invasive devices and invasive devices. The non-invasive & minimally invasive devices segment is estimated to hold major market share in the global body contouring devices and procedures market due to the huge investments by major market players for the development of advanced technologies and equipment.
Based on procedure, the market has been segmented into non-surgical skin resurfacing, non-surgical skin tightening, cellulite treatment, liposuction, and others. The market, by end user, has been segmented into hospitals & clinics, research institutes & Organization, and others.
Key Players:
Some of the prominent players in the global body contouring devices and procedures market are Cynosure, Inc., Alma Lasers, Alleragan, Syneron Medical Ltd, Bausch Health Companies, Inc, Lumenis, Merz Pharma GmbH & Co., Palomar Medical Technologies Inc., Sound Surgical Technologies LLC., Zeltiq Aesthetics, Chromogenex Technologies LTD, UltraShape Ltd, Fotona, Misonix Inc., Medicis Pharmaceutical Corporation, Sientra Inc., Invasix Ltd, Erchonia Inc, Lutronic.
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Veterinary Pain Management Market on Massive Growth at CAGR 8.2% by 2023 | Global Industry Size, Share, Analysis Report 2023

Veterinary Pain Management Market Information: By Drug Type (Opioids), Devices (Laser Therapy Devices), Route of Administration (Oral) Animal Type (Companion Animals) Application (Joint Pain) and End-User (Hospitals & Clinics) – Global Forecast Till 2023
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.
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 will reach significant growth heights by 2023 registering 8.2% CAGR during the review period (2018 – 2023).
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   - 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.
Veterinary Pain Management Market   - Segmentations
MRFR has segmented the analysis into seven key dynamics for better understanding: -
By Drug Type: Nonsteroidal Anti-Inflammatory Drugs, Opioids, Local Anesthetics, Α2-Adrenergic Agonists, Muscle Relaxants, Sedatives, and Corticosteroids among others.
By Devices: Laser Therapy Devices and Electromagnetic Therapy Devices among others.
By Route of Administration: Oral, Parenteral, and Topical among others. 
By Animal Type: Companion Animals, Livestock, Research Animals, Aquatic Animals, Zoo Animals, and Exotic Animals among others.
By Application: Joint Pain, Postoperative Pain, and Cancer among others.
By End-user: Veterinary Hospitals & Clinics, Research Institutes & Universities, and Laboratories among others.                                                                                                                  
By Regions:  Europe, North America, APAC and the Rest-of-the-World.
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.
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.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
 MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
 Contact:
Market Research Future
+1 646 845 9312
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CAGR 8.2% Growth Predicted in Veterinary Pain Management Market by 2023 with Top Leading Players and Technology

Veterinary Pain Management Market Information: By Drug Type (Opioids), Devices (Laser Therapy Devices), Route of Administration (Oral) Animal Type (Companion Animals) Application (Joint Pain) and End-User (Hospitals & Clinics) – Global Forecast Till 2023
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.
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 will reach significant growth heights by 2023 registering 8.2% CAGR during the review period (2018 – 2023).
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   - 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.
Veterinary Pain Management Market   - Segmentations
MRFR has segmented the analysis into seven key dynamics for better understanding: -
By Drug Type: Nonsteroidal Anti-Inflammatory Drugs, Opioids, Local Anesthetics, Α2-Adrenergic Agonists, Muscle Relaxants, Sedatives, and Corticosteroids among others.
By Devices: Laser Therapy Devices and Electromagnetic Therapy Devices among others.
By Route of Administration: Oral, Parenteral, and Topical among others. 
By Animal Type: Companion Animals, Livestock, Research Animals, Aquatic Animals, Zoo Animals, and Exotic Animals among others.
By Application: Joint Pain, Postoperative Pain, and Cancer among others.
By End-user: Veterinary Hospitals & Clinics, Research Institutes & Universities, and Laboratories among others.                                                                                                                  
By Regions:  Europe, North America, APAC and the Rest-of-the-World.
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.
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.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
 MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
 Contact:
Market Research Future
+1 646 845 9312
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