2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

Which Major Market Drivers Are Expected to Boost the Growth Potential of the Companion Animal Arthritis Market?

The increasing popularity of pet adoption is projected to drive the expansion of the companion animal arthritis market. Adopting a pet can alleviate stress, anxiety, and depression among other benefits. Unlike purchasing from a pet store, breeder, or another person, pet adoption involves taking in a dog, cat, or other exotic animal given up by their previous owners to a shelter or rescue. These pets, once they begin to age, are susceptible to arthritis. For example, according to a study by The American Pet Products Association, a non-profit organization in the US, half the British households with pets adopted at least one new animal during the lockdown. Moreover, 11.3 million Americans brought home new pets amidst the pandemic. In this same study, it was reported that 16% of Generation Z participants and 13% of millennials adopted a new pet during the pandemic. Hence, the surging rate of pet adoption is playing a significant role in the growth of the companion animal arthritis market.

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How Has the Companion Animal Arthritis Market Evolved in Recent Years, and What are the Growth Projections for the Forecast Period?

Over the past few years, the market size for companion animal arthritis treatments has experienced substantial growth. It is projected to increase from $3.72 billion in 2024 and expand to $4.08 billion in 2025, with a compound annual growth rate (CAGR) of 9.7%. The growth observed in the historic period is a result of several factors, including the rise in pet adoption, advancements made in the field of veterinary medicine, as well as increased education and awareness.

Over the coming years, the companion animal arthritis market is expected to experience robust growth, with projections indicating a market value of $6.04 billion by 2029, at a compound annual growth rate (CAGR) of 10.3%. This anticipated growth within the forecast period is primarily due to factors such as an ageing pet population, advancements in therapeutics, personalization in pet nutrition, and the application of telemedicine in veterinary practices. Other notable trends that are anticipated to influence the market during the forecast period are the use of biologicals in veterinary medicine, digital healthcare solutions, functional foods and nutraceuticals, strategic collaborations and partnerships, the impact of pet insurance, increasing consumer demand for natural and holistic treatments, and the utilization of data in veterinary care.

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What Are the Key Market Innovations in theCompanion Animal Arthritis Market Over the Coming Years?

The leading businesses in the companion animal arthritis market are paying more attention to technological developments, such as sophisticated therapeutic items and supplements. The goal is to offer pets effective pain management and enhanced joint health, thereby ensuring a better standard of living for older and arthritis-afflicted animals. Bonqat is a newly formulated drug for cats designed to lessen anxiety in high stress situations such as travelling or vet check-ups, without inducing sedation. The product is purposed to soothe cats, easing the experience for both them and their owners during outings or check-ups. For example, in April 2024, Zoetis Inc., a U.S.-based firm specializing in the production of medication and vaccines for pets and livestock, introduced Bonqat (pregabalin oral solution). Its primary function is to relieve the acute anxiety and fear cats experience linked to transportation and veterinary visits, which can become an obstacle to their regular care. This oral solution can be added to food or fed directly to the cat, simplifying the administration process for pet owners. The dosage is minimal (0.1 mL/kg), and most cat-owning respondents have stated that the process of giving the medication is straightforward.

Who Are the Top Companies Driving Innovation and Growth in theCompanion Animal Arthritis Market?

Major companies operating in the companion animal arthritis market include Zoetis Inc., Merck Animal Health, Boehringer Ingelheim, Bayer Animal Health, Vetoquinol, Ceva Santé Animale, Dechra Pharmaceuticals, PetMed Express, Pet Health Solutions, VetriScience, Synlogic, Canine Arthritis Management, Integrative Pet Care, The Honest Kitchen, Vetri-Science Laboratories, Anivive Lifesciences, Pawsitively Posh Pets, Trifecta Natural, Nutramax Laboratories, Hill’s Pet Nutrition, Royal Canin, Medivet, Virbac, Canna-Pet, Fetch for Pets, Lintbells, Allivet, Petlab Co.

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Which Key Market Segments Comprise the Companion Animal Arthritis Market and Drive Its Revenue Growth?

The companion animal arthritis market covered in this report is segmented –

1) By Type: Dogs, Cats, Other Types

2) By Indication: Osteoarthritis, Other Arthritis

3) By Treatment: Medication, Supplements, Other Treatments

4) By Distribution Channel: Veterinary Hospitals And Clinics, Retail Pharmacies, Online Stores, Other Distribution Channels

Subsegments:

1) By Dogs: Large Breed Dogs, Small Breed Dogs, Senior Dogs

2) By Cats: Domestic Cats, Senior Cats

3) By Other Types: Rabbits, Ferrets, Other Small Mammals

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Which Regions Are Emerging as Leaders in the Companion Animal Arthritis Market?

North America was the largest region in the companion animal arthritis market in 2024. The regions covered in the companion animal arthritis market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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