Veterinary Pain Management Drugs Market Report, Size, Share & Outlook - 2024-2031 - Zoetis, Elanco & Bayer AG.

The Global Veterinary Pain Management Drugs Market was valued at USD 2.06 billion in 2023 and is projected to reach USD 3.00 billion by 2031, growing at a compound annual growth rate (CAGR) of 4.8% from 2024 to 2031.

Veterinary pain management drugs are medications specifically formulated to alleviate pain in animals, including pets, livestock, and wildlife. These drugs are used to manage acute and chronic pain caused by various conditions such as surgery, injury, arthritis, or other inflammatory and degenerative diseases. Veterinary pain management drugs include nonsteroidal anti-inflammatory drugs (NSAIDs), opioids, local anesthetics, and adjunctive therapies designed to improve animal comfort, enhance recovery, and promote overall well-being by minimizing pain and discomfort.

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Market Trends:

The increasing government initiative towards animal healthcare, is expected to drive the global veterinary pain management drugs market during the forecast period.

In November 2019, the Global Pain Council (GPC) of the World Small Animal Veterinary Association (WSAVA) launched the 'Teach the Teachers' program to establish a global network of key opinion leaders (KOLs) in pain management. This initiative aims to empower these 'teachers' to share their expertise and propagate knowledge about effective pain management strategies within their regions, enhancing the quality of veterinary care globally.

In March 2020, Ceva Animal Health introduced the 'Wave Goodbye to Pain' campaign, focusing on the positive effects of pain relief for lame cattle. The campaign was inspired by a study from Nottingham University, which found that NSAIDs, when used alongside hoof trimming and blocking, significantly improve lameness recovery. This initiative also highlights a growing awareness among farmers, with 52% willing to invest in pain relief for cattle, up from 36% in 2006.

Market Segmentation:

By Drug Type: NSAIDS, Opioids, Local Anesthetics, Alpha-2 Agonists, and Disease Modified Osteoarthritis Drugs (DMOAD).

By Route of Administration: Oral, Parenteral, and Topical.

By Animal: Companion Animal, and Livestock.

By Application: Postoperative Pain, Joint Pain, Cancer, and Others.

By Distribution Channel: Veterinary Hospitals & Clinics, Retail Pharmacies, and Online Pharmacies.

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Competitive Landscape:

• Dechra Pharmaceuticals
• Zoetis
• Elanco
• Boehringer Ingelheim
• Vetoquinol S.A.
• Ceva Sante Animale S.A.
• Bayer AG
• Merck Animal Health
• Norbrook Laboratories
• Chanelle Pharma
• Virbac
• Assisi Animal Health

Product Portfolio:

Zoetis Inc. is a leading U.S.-based animal health company specializing in the development, production, and distribution of medicines, vaccines, diagnostic products, and other veterinary solutions. Renowned as a global leader in the veterinary vaccines market, Zoetis operates through three main segments: Livestock, Companion Animal, and Contract Manufacturing & Human Health.

Regional Analysis:

The global Veterinary Pain Management Drugs Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Veterinary Pain Management Drugs Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

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