The global animal pain management market size was valued at USD 1.52 billion in 2021 and is poised to grow at a CAGR of 8.51% during the forecast period 2022-2028. Internal organ disorders, physical damage, brain and spinal abnormalities, and surgical procedures all cause pain in animals. Animal pain management is the process of diagnosing, preventing, and treating pain in animals caused by a variety of circumstances. In the realm of veterinary medicine, pain management necessitates the identification and management of pain in a wide range of pet disorders. The animal pain management market is being driven by a number of factors, including an increase in the prevalence of animal diseases, a paradigm shift toward animal health, continuous development and urbanization leading to animal humanization, and an increase in preventive treatments and care facilities for companion animals, among others.
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The animal pain management market is being driven by a number of factors, including an increase in the prevalence of animal diseases, a paradigm shifts toward animal health, continuous development and urbanization leading to animal humanization, and an increase in preventive treatments and care facilities for companion animals. Furthermore, in the anticipated period of 2021-2028, the rise in popularity of non-traditional and non-pharmaceutical treatment modalities, as well as unexplored growing markets, will generate new possibilities for the animal pain management market. However, among other things, the rise in pet care expenses would hinder market expansion and will pose a significant obstacle to the growth of the animal pain management market over the projection period.
The global animal pain management market segmentation:
1) By Application: Osteoarthritis, Cancer-related pain, Spinal pain, Others.
2) By Animal Type: Small Pets, Swine, Bovine, Horses, Others.
3) By Product Type: Non-opioids, Opioids.
4) By End User: Veterinary Hospitals, Veterinary Clinics, Others.
North America now has the biggest revenue share and is expected to do so for the next 10 years. The region's market expansion may be ascribed to rising demand for effective animal care as well as a constant increase in the number of pet owners. Furthermore, the region's well-established and well-developed animal healthcare facilities are helping to market expansion.
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Some of the major key players in the animal pain management market are Zoetis Inc., Elanco, Merial, Bayer Animal Health, Virbac S.A., IDEXX Laboratories, Vetoquinol S.A.
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