Veterinary pain management is an internal aspect of veterinary practices that help in reducing the chronic pain in animals including physical rehabilitation, pain medications and laser therapy. The market is valued at $1.15 billion in 2017 and is anticipated to reach $1.69 billion by the end of 2024 growing with CAGR of 8.2%. The factors driving the market growth are increasing the number of veterinary practitioners and their rising income levels in developed economies, growth in companion animal adoption, growing prevalence of animal disease causing pain and inflammation. Whereas reduced awareness about animal healthcare and a rise in the cost of pet care are restraining the market growth. Market opportunities include increasing popularity of non-conventional treatment techniques and untapped emerging markets which are profiting the market growth.
Research Study Objectives:
- Define, estimate, and forecast the Veterinary Pain Management market statistics by product, animal type, distribution channel, application and regions concerning the individual growth drivers, market trends and their contribution toward the Veterinary Pain Management market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Veterinary Pain Management Market Analysis
- Analysis and conclusions on the future Veterinary Pain Management market outlook.
Top-down and bottom-up approaches are used to validate the Veterinary Pain Management Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers,
Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The
Veterinary Pain Management Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the
Veterinary Pain Management market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The Veterinary Pain Management market segmentation is as follows:
By Product
- Devices
- Laser Therapy Devices
- Electromagnetic Therapy Devices
- Drugs
- By Type
- NSAIDS
- Opioids
- Alpha-2 Agonists
- Local Anesthetics
- Disease-Modifying Osteoarthritis Drugs (DMOADS)
- Others
- By Route of Administration
By Animal Type
- Livestock
- Cattle
- Swine
- Goats & Sheep
- Others
- Companion Animals
By Distribution channel
- Pharmacy
- Veterinary hospitals and clinics
By Application
- Postoperative Pain
- Joint Pain
- Osteoarthritis
- Musculoskeletal Disorders
- Cancer
- Others
Geographical Analysis:
Veterinary Pain Management Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and
many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the Veterinary Pain Management Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Veterinary Pain Management Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOTanalysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant Veterinary Pain Management market players, such as
- Merck Animal Health
- Norbrook Laboratories
- Dechra Pharmaceuticals
- Boehringer Ingelheim
- Bayer AG
- Ceva Santé Animale S.A.
- Along with these companies, many other companies are considered in the report while analysing the Global Veterinary Pain Management market competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
