Press release
Major Market Shift in Canine Arthritis Treatment Industry: Innovative Solutions Enhanced Canine Arthritis Treatments Market
What Is the Forecasted Market Size and Growth Rate for the Canine Arthritis Treatment Market?The market for treating canine arthritis has seen significant expansion recently. An increase from $2.35 billion in 2024 to $2.48 billion in 2025, reflecting a compound annual growth rate (CAGR) of 5.6%, is projected. Factors contributing to this growth during the historic period include a rise in the age of the pet population, heightened awareness among pet owners, a focus on preventive care, a rise in discretionary income, and growth in spending on veterinary care.
The market for treating canine arthritis is set to experience substantial expansion in the upcoming years, with projections indicating an increase to $3.06 billion by 2029, at a compound annual growth rate (CAGR) of 5.4%. The upward trend in the forecast period can be linked to factors such as the growth in pet insurance, surging arthritis cases, an increase in pet ownership, escalating demand for less invasive surgical procedures, and an augmenting occurrence of arthritis within the canine population. Key patterns to watch during the forecast period comprise out-of-the-box treatment methods, advancements in the field of veterinary medicine, a surge in demand for advanced therapeutic approaches, technological integration and inventive technologies.
What Factors Are Fueling Growth in the Canine Arthritis Treatment Market?
An increase in pet ownership is predicted to stimulate the growth of the dog arthritis treatment market. Pet ownership is characterized by the commitment and care given by individuals or families to not only maintain the needs and wellbeing of their pets but also their companionship. Primarily, these animals are kept for enjoyment rather than practical purposes. Rising pet ownership is attributed to changing lifestyles, anthropomorphization of pets, and increased disposable income. Canine arthritis treatments are used by pet owners to relieve their dogs' arthritis symptoms and enhance their pets' life quality and mobility. For instance, per the American Pet Products Association, a non-profit association based in the US, 86.9 million US households owned a pet in October 2023, a significant increase from 66% of households in 2022. Therefore, increasing pet ownership is a substantial factor in catalyzing the growth of the dog arthritis treatment market.
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Which Businesses Are at the Forefront of Canine Arthritis Treatment Market Development?
Major companies operating in the canine arthritis treatment market are Merck & Co. Inc., Bayer AG, Eli Lilly and Company, Zoetis Inc., Boehringer Ingelheim Animal Health, Elanco Animal Health Incorporated, Royal Canin SAS, Virbac Group, Ceva Sante Animale S.A., Hill's Pet Nutrition Inc., Vetoquinol SA, Norbrook Laboratories Limited, American Regent Inc., Thorne Healthtech Inc., VetStem Inc., Eltech K-Laser s.r.l., Liquid Health Inc, Nutri-Vet LLC, OrthoPets LLC, Rejuvenate Bio Inc.
What Are the Latest Innovations in the Canine Arthritis Treatment Market?
Key players in the canine arthritis treatment market are focusing on the development of innovative therapies like bedinvetmab injections to improve joint health and mobility in dogs. Bedinvetmab is a type of monoclonal antibody injection which fights by identifying and neutralizing the nerve growth factor (NGF), a pain-associated protein, widely used in the veterinary field. For example, Zoetis Inc., an animal health company in the US, gained approval in May 2023 from the Food and Drug Administration (FDA) for Librela, a product based on bedinvetmab injection. Notably, it's the inaugural monoclonal antibody (mAb) given a green light by the FDA for use in dogs, functioning by binding with and inhibiting the biological effect of canine nerve growth factor (NGF), which plays a key role in the pain regulation process linked with OA. This product is usually given as a subcutaneous injection once per month, which renders it a convenient and durable solution for managing canine OA pain.
How Is the Canine Arthritis Treatment Market Segmented?
The canine arthritis treatment market covered in this report is segmented -
1) By Treatment Type: Drugs, Supplements, Surgical Procedures, Other Treatment Types
2) By Route Of Administration: Oral, Parenteral, Other Routes Of Administrations
3) By Arthritis Type: Osteoarthritis, Rheumatoid Arthritis, Osteochondrosis, Traumatic Arthritis
4) By Distribution Channels: Veterinary Clinics And Hospitals, Retail Pharmacies, Online Pharmacies
Subsegments:
1) By Drugs: Non-Steroidal Anti-Inflammatory Drugs (NSAIDs), Disease-Modifying Osteoarthritis Drugs (DMOADs), Corticosteroids, Analgesics And Pain Relievers
2) By Supplements: Glucosamine And Chondroitin Supplements, Omega-3 Fatty Acids And Fish Oil, Hyaluronic Acid Supplements, MSM (Methylsulfonylmethane) Supplements, Collagen-Based Supplements
3) By Surgical Procedures: Joint Replacement Surgery, Arthroscopy, Osteotomy, Synovectomy
4) By Other Treatment Types: Physical Therapy, Stem Cell Therapy, Platelet-Rich Plasma (PRP) Therapy, Cold Laser Therapy (Low-Level Laser Therapy), Acupuncture
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Where Is the Canine Arthritis Treatment Market Growth Most Prominent?
North America was the largest region in the canine arthritis treatment market in 2024. Asia-Pacifica is expected to be the fastest-growing region in the forecast period. The regions covered in the canine arthritis treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Canine Arthritis Treatment Global Market Report?
- Market Size Analysis: Analyze the Canine Arthritis Treatment Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Canine Arthritis Treatment Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Canine Arthritis Treatment Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Canine Arthritis Treatment Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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