Global Veterinary Pain Management Market Drugs, Animal (Companion and Livestock), Key Players Analysis and Forecasts to 2027

The veterinary pain management market is projected to reach USD 2.5 Billion by 2027 from USD 1.8 Billion in 2022, at a CAGR of 6.7% during the forecast period. This market is sub segmented into by Product, Application, Animal, End User, and Region.

"Opioids segment holds second largest share in the veterinary pain management market by drug type in 2021"
The veterinary pain management drugs market is segment into NSAIDs, opioids, local anesthetics, alpha-2 agonists, disease-modifying osteoarthritis drugs, and other drugs on the basis of drug type. In 2021, the opioids segment accounted for a second largest share of the veterinary pain management drugs market.

Download a Free Sample Report at https://www.reportsnreports.com/contacts/requestsample.aspx?name=1467342

"Laser therapy device segment holds largest share in the veterinary pain management market by device type in 2021"
Based on types of veterinary pain management devices, the market is segmented into laser therapy and electromagnetic field therapy devices. The laser therapy devices segment accounted for the largest share in 2021. Laser therapy is effective in curing a wide range of acute and chronic pain conditions; it targets and cures the cause of pain, ruling out the need for painful invasive surgeries and further use of pain relief drugs. These advantages are expected to drive the growth of laser therapy devices in the veterinary pain management devices market.

"Dog holds the largest share of Companion animal veterinary pain management market in 2021"
Based on animal type, the veterinary pain management market is segmented into companion animals and livestock animals. The companion animals segment accounted for the largest share of the veterinary pain management market in 2021.
The large share of this segment can be attributed to the increasing companion animal ownership, growing awareness about animal health among pet owners, and rising pet healthcare expenditure.

"China is projected to registered highest growth rate of the APAC veterinary pain management market in 2021"
The china market is estimated to grow at the highest CAGR during the forecast period. The factors such as increasing number of veterinary surgeries, increasing pet insurance, increasing the demand of animal derived factors, and increasing veterinary hospitals and clinics are contributing the growth of china market in veterinary pain management market during forecast period.

Direct Purchase of the Global Veterinary Pain Management Market Research Report at https://www.reportsnreports.com/purchase.aspx?name=1467342

A breakdown of the primary participants (supply-side) for the veterinary pain management market referred to for this report is provided below:
• By Company Type: Tier 1-45%, Tier 2-34%, and Tier 3-21%
• By Designation: C-level-26%, Director Level-30%, and Others-44%
• By Region: North America-35%, Europe-32%, Asia Pacific-25%, Latin America- 6%, and Middle East and Africa- 2%

The prominent players in the veterinary pain management market are Boehringer Ingelheim International GmbH (Germany), Zoetis Inc. (US), Elanco Animal Health Incorporated (US), Merck & Co., Inc. (US), Dechra Pharmaceuticals (UK), Vetoquinol (France), SeQuent Scientific Limited (India), Norbrook Laboratories Limited (Ireland), CevaSantéAnimale (France), Chanelle Pharma (Ireland), and K-Laser USA (US). New product launches and acquisitions were the major strategies adopted by these payers to maintain their positions in the veterinary pain management market.

Research Coverage:
The market study covers the veterinary pain management market across various segments. It aims at estimating the market size and the growth potential of this market across different segments by product, application type, animal type, end user, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to their product and business offerings, recent developments, and key market strategies.

+ 1 888 391 5441
sales@reportsandreports.com

ReportsnReports.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets.

This release was published on openPR.