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Veterinary Pain Management Market Size

  • Report ID: GMI5882
  • Published Date: May 2023
  • Report Format: PDF

Veterinary Pain Management Market Size

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.

 

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.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Veterinary pain management industry size was USD 1.7 billion in 2023 and will witness 7.1% CAGR from 2024-2032 driven by the rising number of pet owners worldwide.

The drug product segment is expected to gain traction through 2032 owing to their rising usage to treat a wide variety of diseases

The veterinary hospitals end-user segment held 43.8% of the veterinary pain management industry share in 2022 due to the ease of access to professional therapies.

Boehringer Ingelheim International GmbH, Zoetis Inc., Merck & Co., Inc., Elanco Animal Health Incorporated, Norbrook, Ceva Sant

Veterinary Pain Management Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 10
  • Tables & Figures: 591
  • Countries covered: 19
  • Pages: 327
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