Home > Animal Health & Nutrition > Veterinary Pharmaceuticals > Veterinary Pain Management Market
Veterinary Pain Management Market size was estimated to be USD 1.7 billion in 2023 and is expected to expand at a CAGR of 7.1% by 2032. The rising number of pet owners, increasing prevalence of animal diseases, increasing animal medicalization rate, increasing adoption of pet insurance, and rising adoption of laser therapy in pain management are some of the key factors driving this market.
Pain management in veterinary practice provides veterinary practitioners with the information needed to recognize and manage pain in a wide range of large, small, and exotic animal species. Numerous conditions, including arthritis, cancer, surgical procedures can cause pain and the treatment options include laser therapy, prescription drugs, therapeutic massages, complementary therapies, and electromagnetic therapy.
Report Attribute | Details |
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Base Year: | 2022 |
Veterinary Pain Management Market Size in 2022: | USD 1.6 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 7.1% |
2032 Value Projection: | USD 3.2 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 327 |
Tables, Charts & Figures: | 591 |
Segments covered: | Product, Applications, Animal Type, End-user, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Additionally, rising preventive care and treatment facilities for companion animals, increased acceptance of unconventional and non-pharmaceutical treatment modalities, increasing adoption of veterinary services and rising animal healthcare spending will all contribute to a growth of animal drugs market including pain management therapeutics.