Veterinary pain management involves the use of medicines and related products to support healing and recovery in animals. The primary aim is to identify and treat the underlying conditions, ensuring the overall health and well-being of the animal.
The main products in veterinary pain management include drugs and devices. Drugs encompass substances, excluding food, used to cure or alleviate the symptoms of an illness or other abnormal state. These products are applied to various types of animals, including companion animals and livestock, and are distributed through channels such as hospitals and clinics, as well as pharmacy channels. Veterinary pain management products find applications in addressing issues such as joint pain, postoperative pain, cancer-related pain, and various other veterinary health concerns.
The veterinary pain management market research report is one of a series of new reports that provides veterinary pain management market statistics, including veterinary pain management industry global market size, regional shares, competitors with veterinary pain management market share, detailed veterinary pain management market segments, market trends, and opportunities, and any further data you may need to thrive in the veterinary pain management industry. This veterinary pain management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The veterinary pain management market size has grown rapidly in recent years. It will grow from $1.92 billion in 2023 to $2.13 billion in 2024 at a compound annual growth rate (CAGR) of 10.9%. The expansion observed in the historical period can be attributed to several factors, including the increasing trend of pet ownership, advancements in veterinary medicine, the humanization of pets, and supportive regulatory measures.
The veterinary pain management market size is expected to see rapid growth in the next few years. It will grow to $3.2 billion in 2028 at a compound annual growth rate (CAGR) of 10.7%. The anticipated growth in the forecast period can be attributed to several factors, including the rising geriatric pet population, the globalization of veterinary care, an increased focus on preventive healthcare for animals, and heightened consumer education and advocacy for pet well-being. Key trends expected in the forecast period encompass the integration of technology in veterinary pain management, collaborations and partnerships within the industry, the development of customized pain management plans for individual animals, advancements in pain assessment tools, collaborative efforts between veterinarians and behaviorists, and the utilization of nutraceuticals and functional foods as part of pain management strategies.
The veterinary pain management market is anticipated to experience growth due to an increasing number of veterinary practitioners. These practitioners, who undergo specialized training in specific animal species and practice areas, are equipped to address the causes of pain in animals using specialized pain management methods. According to Veterinary Information Network Inc., the United States had 121,461 veterinarians in 2022, indicating a growing workforce capable of addressing pain in animals. Therefore, the rising number of veterinary practitioners is a key factor driving the demand for the veterinary pain management market.
The veterinary pain management market is also expected to benefit from the rising trend of pet ownership. As more individuals choose to keep pets, the demand for veterinary care increases to ensure the health and well-being of these animals. A larger pet population results in a heightened need for veterinary services, including pain management. Forbes reported that 78% of pet owners acquired pets during the pandemic, with young people (ages 18 to 25) being more likely to own a variety of pets beyond cats and dogs. Hence, the increasing prevalence of pet ownership is fueling the demand for the veterinary pain management market.
Technological advancements represent a significant trend in the veterinary pain management market, with major players focusing on innovative and technologically advanced solutions to maintain their market position. For instance, Merck Animal Health launched SenseHub Feedlot, a technology-enabled solution based on electronic ear tag technology. This system detects illness more quickly and reliably diagnoses diseases in cattle, allowing for early intervention to manage pain effectively.
Major companies operating in the veterinary pain management market are prioritizing product innovation, as exemplified by Zoetis Inc. 's development of Solensia. Solensia is a monoclonal antibody injection, a form of immunotherapy that mimics natural antibodies using man-made proteins. Zoetis Inc. launched Solensia in January 2022 as a pain reliever for feline osteoarthritis, aiming to enhance mobility, comfort, and overall well-being in cats. This once-monthly injection is administered in veterinary clinics, preventing osteoarthritis pain from interfering with the special bond between cats and their human companions.
In September 2022, Zoetis Inc. acquired NewMetrica, a UK-based company specializing in instruments and devices for pain management in animals. This acquisition enhances Zoetis's pain management portfolio, improves quality-of-life assessment capabilities, and expands product reach to Europe.
Major companies operating in the in the veterinary pain management market report are CH Boehringer Sohn AG & Co. KG, Zoetis Inc., Merck & Co Inc., Elanco Animal Health Incorporated, Ceva Santé Animale, Vetoquinol SA, Norbrook Laboratories Inc., Dechra Pharmaceuticals PLC, Chanelle Pharmaceuticals Manufacturing Ltd., IDEXX Laboratories Inc., Assisi Animal Health, Bayer AG, Eli Lilly and Company, Novartis AG, SeQuent Scientific Limited, Eltech K-Laser srl, Virbac, Durvet Inc., Bimeda Inc., Inovet Pharma (A subsidiary of Orion Group), Zenex Animal Health India Private Ltd., AnimalCare Group PLC, Eco Animal Health Group PLC, Panagro Health & Nutrition, Prodivet pharmaceuticals S. A., Henry Schein Inc., Covetrus Inc., MWI Veterinary Supply Inc., Animal Health International Inc., Midwest Veterinary Supply Inc.
North America was the largest region in the veterinary pain management market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the veterinary pain management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the veterinary pain management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The veterinary pain management market consists of revenues earned by entities by anesthetics, opioids, nonsteroidal anti-inflammatory drugs (NSIDs), alpha-2 agonists, and disease-modifying osteoarthritis agents. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market consists of sales of laser therapy devices, electromagnetic therapy devices. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The main products in veterinary pain management include drugs and devices. Drugs encompass substances, excluding food, used to cure or alleviate the symptoms of an illness or other abnormal state. These products are applied to various types of animals, including companion animals and livestock, and are distributed through channels such as hospitals and clinics, as well as pharmacy channels. Veterinary pain management products find applications in addressing issues such as joint pain, postoperative pain, cancer-related pain, and various other veterinary health concerns.
The veterinary pain management market research report is one of a series of new reports that provides veterinary pain management market statistics, including veterinary pain management industry global market size, regional shares, competitors with veterinary pain management market share, detailed veterinary pain management market segments, market trends, and opportunities, and any further data you may need to thrive in the veterinary pain management industry. This veterinary pain management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The veterinary pain management market size has grown rapidly in recent years. It will grow from $1.92 billion in 2023 to $2.13 billion in 2024 at a compound annual growth rate (CAGR) of 10.9%. The expansion observed in the historical period can be attributed to several factors, including the increasing trend of pet ownership, advancements in veterinary medicine, the humanization of pets, and supportive regulatory measures.
The veterinary pain management market size is expected to see rapid growth in the next few years. It will grow to $3.2 billion in 2028 at a compound annual growth rate (CAGR) of 10.7%. The anticipated growth in the forecast period can be attributed to several factors, including the rising geriatric pet population, the globalization of veterinary care, an increased focus on preventive healthcare for animals, and heightened consumer education and advocacy for pet well-being. Key trends expected in the forecast period encompass the integration of technology in veterinary pain management, collaborations and partnerships within the industry, the development of customized pain management plans for individual animals, advancements in pain assessment tools, collaborative efforts between veterinarians and behaviorists, and the utilization of nutraceuticals and functional foods as part of pain management strategies.
The veterinary pain management market is anticipated to experience growth due to an increasing number of veterinary practitioners. These practitioners, who undergo specialized training in specific animal species and practice areas, are equipped to address the causes of pain in animals using specialized pain management methods. According to Veterinary Information Network Inc., the United States had 121,461 veterinarians in 2022, indicating a growing workforce capable of addressing pain in animals. Therefore, the rising number of veterinary practitioners is a key factor driving the demand for the veterinary pain management market.
The veterinary pain management market is also expected to benefit from the rising trend of pet ownership. As more individuals choose to keep pets, the demand for veterinary care increases to ensure the health and well-being of these animals. A larger pet population results in a heightened need for veterinary services, including pain management. Forbes reported that 78% of pet owners acquired pets during the pandemic, with young people (ages 18 to 25) being more likely to own a variety of pets beyond cats and dogs. Hence, the increasing prevalence of pet ownership is fueling the demand for the veterinary pain management market.
Technological advancements represent a significant trend in the veterinary pain management market, with major players focusing on innovative and technologically advanced solutions to maintain their market position. For instance, Merck Animal Health launched SenseHub Feedlot, a technology-enabled solution based on electronic ear tag technology. This system detects illness more quickly and reliably diagnoses diseases in cattle, allowing for early intervention to manage pain effectively.
Major companies operating in the veterinary pain management market are prioritizing product innovation, as exemplified by Zoetis Inc. 's development of Solensia. Solensia is a monoclonal antibody injection, a form of immunotherapy that mimics natural antibodies using man-made proteins. Zoetis Inc. launched Solensia in January 2022 as a pain reliever for feline osteoarthritis, aiming to enhance mobility, comfort, and overall well-being in cats. This once-monthly injection is administered in veterinary clinics, preventing osteoarthritis pain from interfering with the special bond between cats and their human companions.
In September 2022, Zoetis Inc. acquired NewMetrica, a UK-based company specializing in instruments and devices for pain management in animals. This acquisition enhances Zoetis's pain management portfolio, improves quality-of-life assessment capabilities, and expands product reach to Europe.
Major companies operating in the in the veterinary pain management market report are CH Boehringer Sohn AG & Co. KG, Zoetis Inc., Merck & Co Inc., Elanco Animal Health Incorporated, Ceva Santé Animale, Vetoquinol SA, Norbrook Laboratories Inc., Dechra Pharmaceuticals PLC, Chanelle Pharmaceuticals Manufacturing Ltd., IDEXX Laboratories Inc., Assisi Animal Health, Bayer AG, Eli Lilly and Company, Novartis AG, SeQuent Scientific Limited, Eltech K-Laser srl, Virbac, Durvet Inc., Bimeda Inc., Inovet Pharma (A subsidiary of Orion Group), Zenex Animal Health India Private Ltd., AnimalCare Group PLC, Eco Animal Health Group PLC, Panagro Health & Nutrition, Prodivet pharmaceuticals S. A., Henry Schein Inc., Covetrus Inc., MWI Veterinary Supply Inc., Animal Health International Inc., Midwest Veterinary Supply Inc.
North America was the largest region in the veterinary pain management market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the veterinary pain management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the veterinary pain management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The veterinary pain management market consists of revenues earned by entities by anesthetics, opioids, nonsteroidal anti-inflammatory drugs (NSIDs), alpha-2 agonists, and disease-modifying osteoarthritis agents. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market consists of sales of laser therapy devices, electromagnetic therapy devices. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Veterinary Pain Management Market Characteristics3. Veterinary Pain Management Market Trends And Strategies31. Global Veterinary Pain Management Market Competitive Benchmarking32. Global Veterinary Pain Management Market Competitive Dashboard33. Key Mergers And Acquisitions In The Veterinary Pain Management Market
4. Veterinary Pain Management Market - Macro Economic Scenario
5. Global Veterinary Pain Management Market Size and Growth
6. Veterinary Pain Management Market Segmentation
7. Veterinary Pain Management Market Regional And Country Analysis
8. Asia-Pacific Veterinary Pain Management Market
9. China Veterinary Pain Management Market
10. India Veterinary Pain Management Market
11. Japan Veterinary Pain Management Market
12. Australia Veterinary Pain Management Market
13. Indonesia Veterinary Pain Management Market
14. South Korea Veterinary Pain Management Market
15. Western Europe Veterinary Pain Management Market
16. UK Veterinary Pain Management Market
17. Germany Veterinary Pain Management Market
18. France Veterinary Pain Management Market
19. Italy Veterinary Pain Management Market
20. Spain Veterinary Pain Management Market
21. Eastern Europe Veterinary Pain Management Market
22. Russia Veterinary Pain Management Market
23. North America Veterinary Pain Management Market
24. USA Veterinary Pain Management Market
25. Canada Veterinary Pain Management Market
26. South America Veterinary Pain Management Market
27. Brazil Veterinary Pain Management Market
28. Middle East Veterinary Pain Management Market
29. Africa Veterinary Pain Management Market
30. Veterinary Pain Management Market Competitive Landscape And Company Profiles
34. Veterinary Pain Management Market Future Outlook and Potential Analysis
35. Appendix
Executive Summary
Veterinary Pain Management Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on veterinary pain management market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description:
Where is the largest and fastest growing market for veterinary pain management? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Scope
- Markets Covered: 1) By Product: Drugs; Devices 2) By Animal Type: Companion Animals; Livestock 3) By Distribution Channel: Hospitals and Clinics; Pharmacy 4) By Application: Joint Pain; Postoperative Pain; Cancer; Other Applications
- Companies Mentioned: CH Boehringer Sohn AG & Co. KG; Zoetis Inc.; Merck & Co Inc.; Elanco Animal Health Incorporated; Ceva Santé Animale
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- CH Boehringer Sohn AG & Co. KG
- Zoetis Inc.
- Merck & Co Inc.
- Elanco Animal Health Incorporated
- Ceva Santé Animale
- Vetoquinol SA
- Norbrook Laboratories Inc.
- Dechra Pharmaceuticals PLC
- Chanelle Pharmaceuticals Manufacturing Ltd.
- IDEXX Laboratories Inc.
- Assisi Animal Health
- Bayer AG
- Eli Lilly and Company
- Novartis AG
- SeQuent Scientific Limited
- Eltech K-Laser srl
- Virbac
- Durvet Inc.
- Bimeda Inc.
- Inovet Pharma (A subsidiary of Orion Group)
- Zenex Animal Health India Private Ltd.
- AnimalCare Group PLC
- Eco Animal Health Group PLC
- Panagro Health & Nutrition
- Prodivet pharmaceuticals S. A.
- Henry Schein Inc.
- Covetrus Inc.
- MWI Veterinary Supply Inc.
- Animal Health International Inc.
- Midwest Veterinary Supply Inc.