Press release
Global Companion Animal Arthritis Market Outlook 2025-2034: Trends, Innovations, And Future Outlook
Companion Animal Arthritis
What Is the Companion Animal Arthritis Market Size and Projected Growth Rate?
The market size for arthritis in companion animals has experienced significant growth in past years. Its growth is projected to increase from $3.72 billion in 2024 to reach $4.08 billion in 2025, with a compound annual growth rate (CAGR) of 9.7%. The rise over the historical period has been due to factors such as the growth in pet ownership, improvements in veterinary medicine, and increased awareness and education.
In the coming years, the market for arthritis in companion animals is poised for swift expansion. It is projected to reach $6.04 billion by 2029, yielding a compound annual growth rate (CAGR) of 10.3%. The steady climb across the forecast period is mainly due to factors like an aging pet population, therapeutic advancements, personalized pet nutrition, the implementation of telemedicine in veterinary services, and the humanization of pets. Notable trends to watch out for during this forecast cycle include the rise of biologics in veterinary medicine, the increasing use of digital health solutions, the introduction of nutraceuticals and functional foods, the growth of collaborations and partnerships, the influence of pet insurance, the consumer's preference for natural and holistic treatment methods, and a stronger emphasis on data-driven care in veterinary practice.
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What Are the Major Segments in the Companion Animal Arthritis Market?
The companion animal arthritis market covered in this report is segmented -
1) By Type: Dogs, Cats, Other Types
2) By Indication: Osteoarthritis, Other Arthritis
3) By Treatment: Medication, Supplements, Other Treatments
4) By Distribution Channel: Veterinary Hospitals And Clinics, Retail Pharmacies, Online Stores, Other Distribution Channels
Subsegments:
1) By Dogs: Large Breed Dogs, Small Breed Dogs, Senior Dogs
2) By Cats: Domestic Cats, Senior Cats
3) By Other Types: Rabbits, Ferrets, Other Small Mammals
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What Are The Driving Companion Animal Arthritis Market Evolution?
The increase in pet adoptions is forecasted to fuel the expansion of the companion animal arthritis market. Adopting pets serves to mitigate stress, anxiety, depression, and more. Pet adoption involves obtaining animals like dogs, cats, and even exotic creatures that have been relinquished by their previous owners to shelters or rescue centres, rather than purchasing one from a pet shop, breeder, or another person. As pets advance in age, they are at risk for developing arthritis. For example, a study by The American Pet Products Association, a non-profit industry association based in the US, revealed that nearly half of all British households with pets adopted at least one new animal during the lockdown, while 11.3 million Americans added new pets to their households throughout the pandemic. Furthermore, 16% of the Generation Z respondents and 13% of millennials in the survey reported adopting a new pet during the pandemic period. As a result, the growing trend of pet adoption has a considerable impact on the growth of the companion animal arthritis market.
Which Firms Dominate The Companion Animal Arthritis Market Segments?
Major companies operating in the companion animal arthritis market include Zoetis Inc., Merck Animal Health, Boehringer Ingelheim, Bayer Animal Health, Vetoquinol, Ceva Santé Animale, Dechra Pharmaceuticals, PetMed Express, Pet Health Solutions, VetriScience, Synlogic, Canine Arthritis Management, Integrative Pet Care, The Honest Kitchen, Vetri-Science Laboratories, Anivive Lifesciences, Pawsitively Posh Pets, Trifecta Natural, Nutramax Laboratories, Hill's Pet Nutrition, Royal Canin, Medivet, Virbac, Canna-Pet, Fetch for Pets, Lintbells, Allivet, Petlab Co.
What Trends Are Expected to Dominate the Companion Animal Arthritis Market in the Next 5 Years?
Leading firms in the companion animal arthritis market are growing their focus on technological advancements such as cutting-edge therapy products and supplements. Their objective is to provide pets with productive pain management and enhanced joint health, thereby ensuring a superior quality of life for elderly and arthritis-ridden animals. A fresh medication called Bonqat, designed for cats, has been introduced to minimize stress during scenarios such as travelling or vet appointments, without inducing sedation. The medicine aims to soothe cats, facilitating a smoother experience during travel or consultations for them and their owners. For example, Zoetis Inc., a US firm that produces medicines and vaccines for pets and livestock, unveiled Bonqat, a pregabalin oral solution for easing acute anxiety and fear in cats, associated with transportation and vet visits in April 2024. This fear can often deter routine care. The oral solution, which can be mixed with food or directly fed to the cats, simplifies administration for pet owners. The dosage is minimal (0.1 mL/kg), and most cat owners have found it easy to administer.
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Which Is The Largest Region In The Companion Animal Arthritis Market?
North America was the largest region in the companion animal arthritis market in 2024. The regions covered in the companion animal arthritis market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Companion Animal Arthritis Market?
2. What is the CAGR expected in the Companion Animal Arthritis Market?
3. What Are the Key Innovations Transforming the Companion Animal Arthritis Industry?
4. Which Region Is Leading the Companion Animal Arthritis Market?
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