Companion Animal Postoperative Pain Management Therapeutics Market

Companion Animal Postoperative Pain Management Therapeutics Market Size, Share, Growth Analysis, By Product(NSAIDs, Anesthetics, Opioids, Others), By Animal Type(Canine, Feline), By Region(North America, Europe, Asia Pacific, Latin America) - Industry Forecast 2024-2031


Report ID: UCMIG35E2038 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Companion Animal Postoperative Pain Management Therapeutics Market Insights

Market Overview:

The market for pharmaceuticals targeting postoperative pain treatment in companion animals was valued at USD 228.90 million in 2018 and is projected to exhibit a compound annual growth rate (CAGR) of 6.7% from 2018 to 2023. This growth is primarily driven by the rising number of surgical procedures performed on pets, particularly in the areas of orthopaedic and dental treatments. The increasing incidence of periodontal diseases is expected to contribute to the growing demand for dental procedures. According to the AMA report, there was a 6% increase in dog clinic visits between 2014 and 2017, primarily due to dental issues. Additionally, the expanding ownership of companion animals is expected to further boost revenue growth in this market.

Companion Animal Postoperative Pain Management Therapeutics Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Facilities by segment aggregation, the contribution of the Health Care Facilities in Health Care Equipment & Services and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Companion Animal Postoperative Pain Management Therapeutics was estimated to be valued at US$ XX Mn in 2021.

The Companion Animal Postoperative Pain Management Therapeutics Market is estimated to grow at a CAGR of XX% by 2028.

The Companion Animal Postoperative Pain Management Therapeutics Market is segmented on the basis of Product, Animal Type, Region.

Based on region, the Companion Animal Postoperative Pain Management Therapeutics Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Companion Animal Postoperative Pain Management Therapeutics Market are Addison Biological Laboratory Inc., Assisi Animal Health, Bayer AG, Bimeda Animal Health, Boehringer Ingelheim International GmbH, Ceva Santé Animale, Chanelle Pharma Group, Daiichi Sankyo Co. Ltd., Dechra Pharmaceuticals PLC, Elanco Animal Health Incorporated, Merck & Co., Norbrook Laboratories, SAVA Vet, Vetoquinol S.A., Virbac Group, Zoetis Inc..

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Companion Animal Postoperative Pain Management Therapeutics Market

Report ID: UCMIG35E2038

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