Market Highlights:

Veterinary Pain Management Market is growing rapidly and pervasively mainly due to the spreading

awareness towards animal care. People are generally compassionate towards their pets, and they are

increasingly becoming aware of animal physiology and psychology and the pain they go through during

sickness, injuries, recoveries and after effects of the diseases. Besides, factors such as the increasing

number of pet owners and the strengthening bond between owners and their animal companions

escalate the market on the global heights.

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Acknowledging the rapid expansions, the market perceives currently, Market Research Future

(MRFR) in its recently published study report asserts that the global Veterinary Pain Management Market is expected to register a CAGR of 6.46% during the assessment period of 2020 to 2027, to reach USD 4,582.8 Million by 2027.

Additional factors substantiating the market growth include the rising per capita income that is leading

to increasing the pet adoptions and the trend of nuclear families. Increased awareness concerning

animal cruelty is influencing people’s ideologies and knowledge about animals.

Moreover, developments in animal health medicines and vaccines, along with the increased medical

treatments are fostering the market growth of veterinary pain management market. Increased R&D

expenditure to bring innovations in the products, and development of better and effective veterinary

pharmaceuticals and vaccines, etc. are contributing to the market growth.

Improving economic conditions worldwide foster market growth, enabling access to the quality of life,

increasing consumers’ buying power, and availing cost-effective veterinary healthcare.

On the other hand, factors such as the lack of awareness and knowledge pertaining to the animal well-

being and the rising cost of pet care, etc. are expected to impede the market growth. Also,

unavailability of skilled doctors is a major restraint the market is confronting with. Nevertheless,

technological advancement, increasing number of ambulatory services coupled with the government

and public organizations initiatives like PETA, working towards animal rights and liberation are

expected to support market growth.



Veterinary Pain Management Market - Segmentations

Global Veterinary Pain Management Market, by Product

Medication
NSAIDs
Meloxicam
Etodolac
Others
Opioids
Morphine
Codeine
Fentanyl
Hydromorphone
Others
Local Anesthetics
Lidocaine
Bupivacaine
Chloroprocaine
Others
Αlpha 2-Adrenergic Agonists
Medetomidine
Xylazine
Sedatives
Muscle Relaxants
Others
Route of Administration
Oral
Parenteral
Topical
Devices
Laser Therapy Devices
Electromagnetic Therapy Devices
Global Veterinary Pain Management Market, by Animal Type

Companion Animals
Dogs
Cats
Horses
Others
Livestock Animals
Cattle
Pigs
Poultry
Others
Global Veterinary Pain Management Market, by Application

Joint Pain
Osteoarthritis
Musculoskeletal Disorders
Postoperative Pain
Cancer
Others
Global Veterinary Pain Management Market, by Distribution Channel

Veterinary Hospitals & Clinics
Pharmacies
Online Pharmacies
Veterinary Pain Management Market - Geographical Analysis

The North American region accounts for the leading market for veterinary pain management majorly

due to the availability of a range of animal care products, emphasis on animal health, and stringent

government regulations. Also, technological innovations in the field of veterinary surgical

instruments are acting as a tailwind pushing up the market growth in the region.

Additional factors such as growing insurance coverage schemes are expected to push the growth of

the veterinary pain management market in the region. Moreover, the increasing number of pets and a

large patients’ pool, contribute to the growth of the regional market, demanding various treatment

procedures and surgeries.

Countries such as Canada and the US are focusing on exporting surgical equipment and surgical

suturing material across the world, which, in turn, is increasing the size of the market in this region.

Besides, the growing number of veterinary hospitals fuel market growth.

The Veterinary Pain Management Market in the European region stands the second position in terms

of the market size, owing to the increasing pet ownership fuelled by the tax benefits granted by the

government. Increase in animal diseases has led to an increasing number of surgeries and veterinary

healthcare organizations. European countries like Germany, France, and the U.K, backed by the



significant expenditures in the field of manufacturing of veterinary medical and surgical devices,

majorly contributes to the growth of the regional market.

The Asia Pacific region is emerging as a promising market for companion veterinary pain

management. China among other APAC dominates the regional market whereas, India accounts for

the fastest growing market, followed by Australia and Japan. Factors such as the presence of a large

patient’s pool, increasing awareness towards animal health, and the improving economy are few of

the driving forces pushing up the market in the region.

Veterinary Pain Management Market - Competitive Landscape

The fiercely competitive veterinary pain management market appears to be fragmented due to many

players forming a competitive landscape. Mergers & acquisitions, innovations, and Brand

reinforcement remain the popular trends for the market players. Acquisitions of local manufactures

by multinational companies are changing the market structure, increasing the profit of the company

by reducing the competition significantly.

Key Players:

Some of the players leading the market include Zoetis, Boehringer Ingelheim, Chanelle, Ceva Santé

Animale, Dechra Pharmaceuticals, Norbrook Laboratories, Merck Animal Health, Elanco, Assisi

Animal Health, Bayer, and Vetoquinol.

Industry/ Innovation/ Related News:

November 08, 2018 – Vetoquinol USA, a world-class developer of veterinarian-approved formulas for

large animal healthcare products, announced the launch of its rebranded product line - EQUISTRO®.

The rebranding includes new packaging for products and others. All EQUISTRO products are now

available in veterinary clinics and in retail stores that sell feed, farm supplies, horse tack, and equine

products. The rebranding strategy helps to expand the products available for performance horses

through Vetoquinol.

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