Global Veterinary pain management market

Veterinary Pain Management Market Size, Share, Growth Analysis, By Product(Drugs, and devices), By Animal Type(Companion animals, and livestock animals), By Application(Joint pain, Post-operative Pain, Cancer, and Other Applications), By End User(Veterinary hospitals, Veterinary Clinics, and Pharmacies & Drug Stores), By Region - Industry Forecast 2025-2032


Report ID: SQMIG35I2099 | Region: Global | Published Date: September, 2024
Pages: 272 | Tables: 156 | Figures: 78

Veterinary Pain Management Market Insights

Veterinary Pain Management Market size was valued at USD 1.92 Billion in 2023 and is poised to grow from USD 2.05 Billion in 2024 to USD 3.45 Billion by 2032, growing at a CAGR of 6.7% during the forecast period (2025-2032).

Recent studies to reduce chronic pain in animals have made it possible to treat pain in animals in a number of ways such as using drugs, physical rehabilitation, acupuncture, laser treatment and therapeutic massage among others. As more individuals have taken to keeping pets, thereby increasing the appetite for drugs, preventive care and veterinary services, the veterinary pain management segment has been on a pronounced upward trend over the years across the globe. Moreover, the rising acceptance of pet insurance across the regions, and the need to take care of animal health and welfare in developing countries are also contributing towards the growth of the market. The increased prevalence of painful and inflammatory diseases in animals is also contributing to the growth of the market. 

However, a lack of knowledge about severe medical conditions in companion animals limits the market's expansion. Conversely, the growing acceptance of unconventional and nonpharmaceutical treatment methods as well as unexplored new markets are expected to offer the market a chance for expansion. Growing usage of companion animals, the growth in the numbers of veterinarians and their income levels in developed countries, rising consumption of beef and dairy, and increasing incidences of pain and inflammatory diseases in animals are among some of the causative trends. Nevertheless, there is the possibility that the increasing pet care costs may constrain the growth of the market to some extent.

US Veterinary Pain Management Market is poised to grow at a sustainable CAGR for the next forecast year.

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Global Veterinary Pain Management Market size was valued at USD 1.80 billion in 2022 and is poised to grow from USD 1.92 billion in 2023 to USD 3.23 billion by 2031, growing at a CAGR of 6.7 % in the forecast period (2024-2031).

The global veterinary pain management market is characterized by the presence of high-profile international players with innovative products and therapies. The prominent players in the market include Zoetis Inc., Elanco Animal Health, Boehringer Ingelheim, Vetoquinol SA and Bayer AG. These firms concentrate on developing advanced medicines, laser therapies, and non-functional implement pains consolation apparatus. Joint ventures, funding of research, and commercialization of new products are some of the strategies employed by market participants to stay ahead of competition in the expanding veterinary pain management market growth. 'Boehringer Ingelheim International Gmbh (Germany) ', 'Elanco Animal Health Incorporated (US) ', 'Dechra Pharmaceuticals (UK) ', 'Vetoquinol (France) ', 'Sequent Scientific Limited (India) ', 'Norbrook Laboratories Limited (UK) ', 'Ceva Santé Animale (France) ', 'Chanelle Pharma (Ireland) ', 'K-Laser USA (US) ', 'Assisi Animal Health (US) ', 'Multi Radiance Medical (US) ', 'Avazzia (US) ', 'Sound Technologies (US) ', 'Ourofino Animal Health (Brazil) ', 'Labindia Healthcare Private Limited (India) ', 'Richter Pharma AG (Austria) ', 'Fidelis Animal Health (US)'

The trends toward globalization of pet ownership and the anthropomorphism of pets are pushing the demand for veterinary pain management solutions. There is a higher willingness of pet owners to seek and engage advanced treatment protocols for their pets, especially to relieve chronic arthritic inflammation or pain following surgery. 

Increased Focus on Non-Invasive Treatment Options: In the global veterinary pain management market trends, one of the main drivers is the growing inclination towards non-invasive treatment procedures, particularly laser therapy and pulsed electromagnetic field therapy. These procedures eliminate undue stress and prolongs the recovery of the patients which satisfies a Chinese pet owner’s desire for efficient and quick pain relief methods with no use of drugs. 

North America dominates the global veterinary pain management market due to its advanced veterinary healthcare infrastructure, high pet ownership rates, and increased awareness of animal welfare. The acute need for pet care services and high expenditure on veterinary services in the region encourages the embrace of advanced techniques for pain alleviation including laser therapy, drugs and alternative treatment modalities. In addition to this, tight animal care policies and the need to enhance livestock productivity and health also elevate the market. Due to the presence of the key active industry participants and endless re-inventing of veterinary drugs and devices, North America remains the number one region for veterinary pain management solutions. 

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Global Veterinary pain management market

Report ID: SQMIG35I2099

$5,300
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