Press release
Animal Pain Management Market: Key Drivers And Restraints, Opportunities, Industry Growth 2021
Precision Business Insights published a research report on “Animal Pain Management Market By Application (Osteoarthritis, Cancer-related pain, Spinal pain, Others), By Animal Type (Small Pets, Swine, Bovine, Horses, Others), By Product Type (Non-opioids, Opioids), By End User (Veterinary Hospitals, Veterinary Clinics, Others) and Geography - Global/Region/Country Forecast to 2027”.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 animal pain management market is segregated on the basis of route of administration, drug type, end-user and distribution channel. Based on drug type, the animal pain management market is segmented into morphine, opioids, codeine, α2-adrenergic agonists, hydromorphone, xylazine, medetomidine, bupivacaine, local anesthetics, lidocaine, nonsteroidal anti-inflammatory drugs (NSIDs), etodolac, chloroprocaine, fentanyl, sedatives, meloxicam, and corticosteroids. Based on route of administration, the animal pain management market is categorized into parenteral preparations and oral preparations. Based on end-user, the animal pain management market is classified into retail veterinary pharmacies veterinary hospital pharmacies, and online pharmacies. The animal pain management market is also classified on the basis of distribution channel which is further divided into veterinary hospitals & clinics and pharmacies.
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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There are some major players working in animal pain management market, which include Zoetis Inc., Elanco, Merial, Bayer Animal Health, Virbac S.A., IDEXX Laboratories, Vetoquinol S.A.
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