Veterinary Pain Management Market Size, Growth Strategies, Trends, Forecast 2024-2032

The latest report by IMARC Group, titled “Veterinary Pain Management Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032,” offers a comprehensive analysis of the veterinary pain management industry share. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.

The global veterinary pain management market size reached US$ 1.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.5 Billion by 2032, exhibiting a growth rate (CAGR) of 5.9% during 2024-2032.

Veterinary Pain Management Market Trends:

The global veterinary pain management market is driven by rising pet ownership globally, coupled with increased awareness of animal health and welfare. Concurrently, advancements in veterinary medicine are leading to the development of more effective pain relief medications and therapies. Along with this, an increase in the prevalence of chronic diseases and conditions in animals, such as arthritis and cancer, necessitates comprehensive pain management strategies. In addition, the growing emphasis on preventive healthcare in veterinary practices encourages regular pain assessments and interventions.

The expanding availability of pet insurance facilitates access to advanced pain management treatments. Besides this, the increasing adoption of companion animals and the subsequent rise in veterinary visits contribute to market growth. The development of novel drug delivery systems, such as transdermal patches, enhances treatment efficacy. Moreover, the demand for minimally invasive surgical procedures in veterinary care is driving the need for advanced pain management solutions to ensure better recovery outcomes.

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Veterinary Pain Management Market Scope and Growth Analysis:

The scope of the global veterinary pain management market spans various therapeutic areas and innovations, indicating substantial growth potential. In the companion animal sector, pain management solutions are crucial for improving the quality of life of pets suffering from chronic conditions. Additionally, the livestock sector also benefits significantly, as effective pain management ensures better animal welfare and productivity. The market is witnessing increased integration of multimodal pain management approaches, combining pharmaceuticals, physiotherapy, and alternative treatments like acupuncture. Innovations in pharmaceuticals, such as the development of long-acting analgesics, are expanding the range of available treatment options.

In addition, the rise in specialized veterinary clinics focusing on pain management reflects a growing commitment to advanced animal care. The growing research in veterinary pain pathophysiology is leading to more targeted and effective treatments. Regulatory support for veterinary pharmaceuticals is facilitating market growth by ensuring the availability of safe and effective pain management products. Furthermore, continuous advancements and a growing focus on animal health are driving significant market expansion.

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Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Assisi Animal Health

• Bayer AG
• Boehringer Ingelheim International GmbH (C. H. Boehringer Sohn AG & Co. KG)
• Ceva Sante Animale
• Chanelle Pharma
• Dechra Pharmaceuticals PLC
• Eli Lilly and Company
• Idexx Laboratories Inc.
• Merck & Co. Inc.
• Norbrook
• Vetoquinol S.A.
• Zoetis Inc

Veterinary Pain Management Market Segmentation:

Our report has categorized the market based on region, product, animal type, application and end user.

Breakup by Product:

• Drugs
  • NSAIDs
  • Anesthetics
  • Opioids
  • Other Drugs
• Devices
  • Laser Therapy
  • Electromagnetic Therapy 

Breakup by Animal Type:

• Companion
• Livestock

Breakup by Application:

• Osteoarthritis and Joint Pain
• Postoperative Pain
• Cancer
• Others

Breakup by End User:

• Hospitals and Clinics
• Others

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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