Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!

What key factors are powering the surge in the companion animal arthritis market right now?

The market size of companion animal arthritis has seen significant expansion in recent periods. It is projected to rise from $3.72 billion in 2024 to $4.08 billion in 2025, boasting a compound annual growth rate (CAGR) of 9.7%. The spike in growth during the previous period can be credited to factors like a rise in pet ownership, progress in veterinary medicine, and improved awareness and education.

How fast Is the companion animal arthritis market expected to grow, and what’s its future value?

The market size of companion animal arthritis is projected to undergo swift expansion in the upcoming years. It’s anticipated to increase to $6.04 billion in 2029, with a compound annual growth rate (CAGR) of 10.3%. This expected growth during the forecast period is largely due to factors such as an aging pet population, innovations in therapeutics, personalized nutrition, the role of telemedicine in veterinary care, and the increasing humanization of pets. The period’s major trends include the use of biologics in veterinary medicine, digital health solutions, nutraceuticals, and functional foods, collaborations and partnerships, the effects of pet insurance, the consumer demand for natural and holistic therapies, and data-driven veterinary care.

Get your companion animal arthritis market report here!

https://www.thebusinessresearchcompany.com/report/companion-animal-arthritis-global-market-report

What are the leading drivers of growth in the companion animal arthritis market?

The upward trend in pet adoption is anticipated to boost the expansion of the companion animal arthritis market. Adopting pets can minimize stress, anxiety, depression, among others. Essentially, pet adoption involves acquiring an animal like a dog, cat, or rare animal that the initial owners have surrendered to a shelter or rescue instead of acquiring one from a pet store, breeder, or another person. Pets are at risk of arthritis as they age. According to a study by The American Pet Products Association, a not-for-profit industry association based in the US, around half of the pet-owning households in Britain added at least one new pet during the lockdown. Also, 11.3 million Americans got new pets during the outbreak. Further, in the survey, about 16% of Generation Z and 13% of millennials said they had gotten a new pet during the pandemic. Consequently, the growing trend of pet adoption plays a significant role in the expansion of the companion animal arthritis market.

What are the key segments defining the companion animal arthritis market?

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

Get your free sample now – explore exclusive market insights:

https://www.thebusinessresearchcompany.com/sample.aspx?id=7772&type=smp

Who are the key players steering the development of the companion 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.

What emerging trends are influencing the growth of the companion animal arthritis market?

Leading businesses in the companion animal arthritis market are progressively adopting technological advancements like innovative therapeutic items and supplements. The goal is to offer efficient pain management and enhanced joint wellbeing for older or arthritis-stricken pets, ensuring they have an improved standard of living. A newly invented medication for cats, Bonqat, aims to lessen their anxiety in high-stress circumstances like travel or vet appointments without a sedating effect. The product’s purpose is to soothe cats, facilitating these occasions for both them and their caretakers. For instance, Zoetis Inc., a U.S.-based firm that produces medicines and vaccines for pets and livestock, introduced Bonqat (pregabalin oral solution) in April 2024. This solution alleviates acute anxiety and fear related to transportation and veterinary visits in cats, which can often hinder routine care. The solution can be mixed with food or administered directly, simplifying the task for pet owners. The required dosage is small (0.1 mL/kg), and most cat parents find it convenient to administer.

Unlock exclusive market insights – purchase your research report now for a swift delivery!

https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7772

Which regions are most influential in expanding 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

Browse Through More Similar Reports By The Business Research Company:

Veterinary Anti-infectives Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/veterinary-anti-infectives-global-market-report

Veterinary Vaccines Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/veterinary-vaccines-global-market-report

Veterinary Pharmaceuticals Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/veterinary-pharmaceuticals-global-market-report

About The Business Research Company:

With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.

Contact us at:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 3156230293

Asia +44 2071930708

Europe +44 2071930708

Email us at [email protected]

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: