Veterinary Pain Management Market Overview
The Veterinary Pain management market was valued at USD 1,352.19 million in 2021 and it is expected to reach USD 1,996.94 million by 2027 at a CAGR of 6.61% during the forecast period, 2022-2027. Some of the factors driving the Veterinary Pain Management market growth include the high prevalence of inflammatory and painful diseases in the animal population. According to an article published by Veterinary Practice News in June 2020, the prevalence of osteoarthritis in dogs was found to be 20%, globally. Similarly, according to an article published by American Animal Health Association in April 2021, approximately 6 million dogs are diagnosed with cancer each year. The Veterinary Cancer Society estimates that 1 in 4 dogs will develop cancer at some point, and nearly 50% of dogs older than 10 will develop some form of cancer.
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Key Highlights of the Veterinary Pain Management Market
- The veterinary pain management market is fragmented competitive with the presence of both international and local companies. Some of the market players include Ceva Santé Animale, Elanco Animal Health Incorporated, Zoetis Inc., Vetoquinol SA, and Boehringer Ingelheim International Gmbh.
- In 2020, the United States Food & Drug Administration approved Cronus Pharma Specialties’ Carprofen Chewable Tablets (generic version of Rimadyl—Zoetis) for dogs. This nonsteroidal anti-inflammatory drug (NSAID) has been proven safe and effective in relieving pain and inflammation associated with osteoarthritis. Furthermore, it helps control postoperative pain associated with soft tissue and orthopedic surgeries.
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Recent Developments in the Veterinary Pain Management Market
- In January 2022, the United States Food and Drug Administration (FDA) approved Zorbium (buprenorphine transdermal solution) from Elanco Animal Health as it expands its pain management offerings while addressing an unmet need for veterinary practices.
- In January 2022, the United States Food and Drug Administration approved Solensia (frunevetmab injection), the first treatment for the control of pain associated with osteoarthritis in cats.
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List of Key Players in the Veterinary Pain Management Market
- Assisi Animal Health
- Boehringer Ingelheim International GmbH
- Ceva Sante Animale
- Chanelle Veterinary Limited
- Dechra Pharmaceuticals PLC
- Elanco Animal Health Incorporated
- Norbrook
- VetoquinolSA
- Zoetis Inc.
- Merck and Co Inc.
*List Not Exhaustive
Mordor Intelligence has segmented the global veterinary pain management market based on product, application, animal type, end-user, and geography:
- Product (Market Size & Forecast based on Revenue (USD million), 2019-2027)
- Drugs
- NSAIDS
- Anesthetics
- Opioids
- Other Drugs
- Devices
- Laser Therapy
- Electromagnetic Therapy
- Drugs
- Application (Market Size & Forecast based on Revenue (USD million), 2019-2027)
- Osteoarthritis and Joint Pain
- Postoperative Pain
- Cancer
- Other Applications
- Animal Type (Market Size & Forecast based on Revenue (USD million), 2019-2027)
- Companion
- Livestock
- End-user (Market Size & Forecast based on Revenue (USD million), 2019-2027)
- Hospitals and Clinics
- Retail Outlets and Others
- Geography (Market Size & Forecast based on Revenue (USD million), 2019-2027)
- North America
- US
- Canada
- Mexico
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Rest of Europe
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- GCC
- South Africa
- Rest of Middle East and Africa
- North America
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