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What Future CAGR is Anticipated for the Companion Animal Arthritis Market Over the 2025–2034 Period?

The market size for companion animal arthritis has seen a robust expansion in the past few years. The market value is expected to increase from $3.72 billion in 2024 to $4.08 billion in 2025, witnessing a compound annual growth rate (CAGR) of 9.7%. The substantial growth during the historical period is linked to factors such as rise in pet adoption, progress in veterinary medicine, enhanced awareness, and education.

The market for arthritis treatment in companion animals is anticipated to undergo swift expansion in the coming years. It’s forecasted to escalate to $6.04 billion by 2029, with a compound annual growth rate (CAGR) of 10.3%. This predicted growth during the forecast period can be linked to factors such as the increasing age of pet populations, advancements in therapeutic options, personalized pet nutrition, the integration of telemedicine in veterinary services, and the humanization of pets. Key trends expected to shape the market during this time comprise the inclusion of biologic medicines in veterinary practice, the advent of digital health solutions, the rise of nutraceuticals and functional foods, the role of collaborations and partnerships, the influence of pet insurance, the increasing consumer demand for natural and holistic therapies, and the implementation of data-driven veterinary care.

What Factors Are Propelling the Growth of the companion animal arthritis Market from 2025 to 2034?

The upward trajectory of pet adoption is anticipated to fuel the expansion of the companion animal arthritis market. Adopting pets aids in curbing stress, anxiety, depression, etc. This is a process of obtaining dogs, cats, or other exotics from shelters or rescues, particularly those that have been deserted by their previous owners, rather than directly from pet stores or breeders. It’s crucial to note that as pets age, they run the risk of developing arthritis. For example, The American Pet Products Association, a non-profit industry association based in the US, carried out a survey which revealed that roughly half of UK households with pets welcomed at least one new animal during the lockdown, whilst about 11.3 million Americans brought new pets home during the pandemic. Moreover, the poll also indicated that 16% of Generation Z and 13% of millennials adopted a new pet during this noteworthy period. Hence, the escalation in pet adoption significantly propels the expansion of the companion animal arthritis market.

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Who Are the Influential Players Fueling Innovation and Growth in the Companion Animal Arthritis Market?

Major companies operating in the companion animal arthritis market include:

• Zoetis Inc._x000D_

• Merck Animal Health_x000D_

• Boehringer Ingelheim_x000D_

• Bayer Animal Health_x000D_

• Vetoquinol_x000D_

What Impact Are Industry Trends Having on the Companion Animal Arthritis Market’s Future Prospects?

Leading firms in the companion animal arthritis industry are increasingly shifting their focus towards technological advancements in order to produce enhanced therapeutic items and supplements. The aim is to ensure pain reduction and improved joint health for pets, thereby enhancing the quality of life for older animals and those afflicted by arthritis. Bonqat, a newly developed medication for cats, assists in minimizing anxiety during high-stress situations, like travelling or visiting the vet, without any sedative effects. The product’s purpose is to soothe cats, easing their stress and that of their owners during travel or appointments. In April 2024, for example, Zoetis Inc., a US-based company known for the manufacture of animal medication and vaccinations, introduced Bonqat (pregabalin oral solution) to address acute anxiety and fear in cats in relation to transport and veterinary visits, circumstances which typically act as obstacles to regular care. This oral solution can be mixed with meals or given straight to the cat, making it simpler for pet owners to administer. The dose is small (0.1 mL/kg), and a large number of cat owners claim it is easy to administer.

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Which Key Segments Define the Structure of the Companion Animal Arthritis Market and Their Growth Potential?

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

What Regions Are Leading the Growth Trajectory of 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

How Do Experts Define the Scope of the Companion Animal Arthritis Market?

The companion animal arthritis refers to a condition involving inflammation of one or more joints in companion animals such as cats, dogs, and other exotic animals. Companion animal arthritis develops in the bones when the cartilage between joints becomes rougher and more worn, forcing the bone surfaces to rub against one another.

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