Table of Contents
Historical Data, Premium Insights, Market Dynamic, Analysis and Projection, By Product, Analysis and Projection, By Application, Analysis and Projection, By End-Use, Analysis and Projection, By Regional Analysis, Competitive Landscape, Company Profiles, Market Revenue, Sale & Price Analysis
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According to a research report published by Spherical Insights & Consulting, The Global Companion Animal Postoperative Pain Management Therapeutics Market Size is Expected to Grow from USD 175.84 Million in 2023 to USD 435.77 Million by 2033, at a CAGR of 9.50 % during the forecast period 2023-2033.
Browse key industry insights spread across 210 pages with 110 Market data tables and figures & charts from the report on the Global Companion Animal Postoperative Pain Management Therapeutics Market Size, Share, and COVID-19 Impact Analysis, By Product (NSAIDs, Anesthetics, Opioids, and Others), By Animal (Dogs, Cats, Horses, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.
Companion animal postoperative pain management therapeutics market, this market is related to the development, manufacture, and distribution of therapeutic solutions aimed at managing postoperative pain in companion animals. For instance, therapeutics involve analgesics, anti-inflammatory drugs, and other drugs that often help in eliminating pain as well as allowing animals such as dogs, cats, and other small pets to heal faster and recover quickly. The major driving forces for the market are increased awareness of animal welfare, a growing trend in pet ownership, and increased veterinary surgeries, which contribute to increased demand for effective postoperative pain management solutions. Advanced technology used in veterinary care, new release of drugs and their lesser adverse effects, growth in veterinary medical expenditure, along with the latest trend of treating pets as children, have developed a higher importance of enhancing a pet's postoperative quality-of-life, ultimately driving the overall demand for pain management therapeutics. However, there are several restraints in the market, including the high cost of some therapeutics, regulatory challenges associated with the approval of veterinary drugs, and a lack of awareness in certain regions regarding the importance of pain management in companion animals.
The NSAIDs segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.
Based on the product, the companion animal postoperative pain management therapeutics market is classified into NSAIDs, anesthetics, opioids, and others. Among these, the NSAIDs segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. This dominance is attributed to the widespread use of NSAIDs in managing pain and inflammation in pets, particularly after surgeries. NSAIDs are favored for their effectiveness in reducing pain, swelling, and fever, making them a go-to choose for veterinarians. Commonly used NSAIDs in veterinary medicine include carprofen, meloxicam, and deracoxib, which are prescribed to manage postoperative pain in both dogs and cats.
The dogs segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.
Based on the animal, the companion animal postoperative pain management therapeutics market is divided into dogs, cats, horses, and others. Among these, the dogs segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. Driven by the high prevalence of surgical procedures in canine companions and the increasing awareness among pet owners regarding postoperative care. This trend is expected to continue, with the segment projected to maintain a significant share throughout the forecast period
North America is estimated to hold the largest companion animal postoperative pain management therapeutics market share over the forecast period.
North America is estimated to hold the largest companion animal postoperative pain management therapeutics market share over the forecast period. This is because of the region's high rate of pet adoption and well-developed veterinary healthcare infrastructure. The region's key market players and wide variety of pain management products available further strengthen its dominance.
Asia-Pacific is predicted to have the fastest CAGR growth in the companion animal postoperative pain management therapeutics market over the forecast period. driven by increasing pet ownership, rising disposable incomes, and improving veterinary healthcare infrastructure in countries like China, India, and Japan. Additionally, in major countries like India, the rising incidence of arthritis in dogs and other animals has seen a significant increase in the demand for pain management drugs. Dogs with arthritis commonly suffer from degenerative joint disease, which is characterized by joint stiffness, ache, and inflammation, as reported in a July 2023 article in the Times of India.
Company Profiling
Major key players in the companion animal postoperative pain management therapeutics market are Zoetis, Merck Animal Health, Elanco, Norbrook, Ceva Sante Animale, Dechra Pharmaceuticals Plc (EQT), Boehringer Ingelheim International GmbH, Chanelle Pharma (Exponent), Bimeda Corporate, and Others.
Key Target Audience
Recent Development
Market Segment
This study forecasts global, regional, and country revenue from 2023 to 2033. Spherical Insights has segmented the companion animal postoperative pain management therapeutics market based on the below-mentioned segments:
Global Companion Animal Postoperative Pain Management Therapeutics Market, By Product
Global Companion Animal Postoperative Pain Management Therapeutics Market, By Animal
Global Companion Animal Postoperative Pain Management Therapeutics Market, By Regional Analysis
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