Veterinary Pain Management Market Insights 2025-2034: Growth Dynamics, Trends, and Strategic Opportunities
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How has the veterinary pain management market grown over the years?
In the recent years, the size of the veterinary pain management market has been expanding swiftly. The market’s value is forecasted to escalate from $2.11 billion in 2024 to a sizeable $2.33 billion in 2025, showcasing a compound annual growth rate (CAGR) of 10.2%. Factors such as the rise in pet adoption, revolutionary advancements in veterinary medicine, treating pets like family members, and administrative support have been instrumental in driving the historic period growth.
What Is the forecasted market size and growth rate for the veterinary pain management market?
The market size of veterinary pain management is predicted to increase significantly in the upcoming years. By 2029, it is expected to reach $3.51 billion with a compound annual growth rate (CAGR) of 10.8%. The growth during the forecasted period can be credited to factors such as the escalating old age pet community, expansion of animal healthcare worldwide, prioritization of preventative healthcare, palliative care awareness and advocacy. The period is predicted to witness major trends such as the integration of technology, burgeoning collaborations and partnerships, personalized pain management schedules, development in pain measurement tools, synergies between veterinarians and animal behaviorists, as well as growing interest in nutraceuticals and functional foods.
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What are the major factors driving growth in the veterinary pain management market?
The growth of the veterinary pain management market is expected to be spurred by the rising number of veterinary practitioners. Veterinary practitioners, defined as professionals with extensive and specific training for particular species of animals within the veterinary field, play a significant role in this specialty sector. As the complexity of managing animal pain increases, so does the need for veterinary practitioners with the skills to address the sources of animal discomfort. For example, current data from Veterinary Information Network Inc., a US-based online platform for veterinarians, indicated that there are 121,461 veterinarians in the US as of February 2022. As such, the growing presence of veterinary practitioners is creating more demand in the veterinary pain management market.
What key areas define the segmentation of the global veterinary pain management Market?
The veterinary pain management market covered in this report is segmented –
1) By Product: Drugs, Devices
2) By Animal Type: Companion Animals, Livestock
3) By Distribution Channel: Hospitals And Clinics, Pharmacy
4) By Application: Joint Pain, Postoperative Pain, Cancer, Other Applications
Subsegments:
1) By Drugs: Non-Steroidal Anti-Inflammatory Drugs (NSAIDs), Opioids, Analgesics, Local Anesthetics
2) By Devices: Transcutaneous Electrical Nerve Stimulation (TENS) Units, Laser Therapy Devices, Radiofrequency Ablation Devices, Pain Management Implants
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What are the top market players propelling the growth of the veterinary pain management industry?
Major companies operating in the veterinary pain management market include CH Boehringer Sohn AG & Co. KG, Zoetis Inc., Merck & Co Inc., Elanco Animal Health Incorporated, Ceva Santé Animale, Vetoquinol SA, Norbrook Laboratories Inc., Dechra Pharmaceuticals PLC, Chanelle Pharmaceuticals Manufacturing Ltd., IDEXX Laboratories Inc., Assisi Animal Health, Bayer AG, Eli Lilly and Company, Novartis AG, SeQuent Scientific Limited, Eltech K-Laser srl, Virbac, Durvet Inc., Bimeda Inc., Inovet Pharma (A subsidiary of Orion Group), Zenex Animal Health India Private Ltd., AnimalCare Group PLC, Eco Animal Health Group PLC, Panagro Health & Nutrition, Prodivet pharmaceuticals S. A., Henry Schein Inc., Covetrus Inc., MWI Veterinary Supply Inc., Animal Health International Inc., Midwest Veterinary Supply Inc.
What are the key trends shaping the future of the veterinary pain management market?
Technological progress is becoming a prevalent trend in the veterinary pain management market. Dominant players engaged in the veterinary pain management market are focusing on developing cutting-edge technologies in order to maintain their market presence. For instance, Merck Animal Health, a firm based in the US that specializes in the production of animal medications, unveiled its SenseHub Feedlot in February 2022, a technology built upon electronic ear tag technology. The SenseHub Feedlot integrates a reusable ear tag with an antenna and an infrared thermistor, facilitating the collection, storage, and transmission of data from a gateway to a data platform. The SenseHub Feedlot represents a technology-driven solution that allows for quicker detection of illnesses, accurate disease diagnosis, and earlier illness detection, enhancing the efficiency of pain management in cattle compared to visual inspections.
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What regions are dominating the veterinary pain management market growth?
North America was the largest region in the veterinary pain management market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the veterinary pain management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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