Industry Background:
Canine arthritis is a condition of pets that leads to inflammation in joints and results in a considerable increase in inflammation because of lack of correct treatment. It usually affects the joints like the knee, elbow, shoulder, hip, and funiculus. There are numerous causes of canine arthritis in dogs like accidental injuries, obesity, and failure in bone development. Among all canine arthritis, arthritis is commonest. One in every 5 adult dogs is littered with arthritis. This rising prevalence of arthritis is making demand for its novel medicine. This is the key issue fuelling the expansion of the global canine arthritis treatment market.This growth is primarily driven by High Prevalence of Canine Obesity and Motion Injuries
.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Diseases & Therapeutic Areas sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Nutri-Vet, LLC (United States), Boehringer Ingelheim (Germany), Liquid Health Inc. (United States), American Regent, Inc. (United States), Matsun Nutrition (United States), Synflex America Inc. (United States), Thorne Research Inc. (United States), Vetalogica (Australia) and Elanco (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In May 2019, Elanco announces the UK launch of a new treatment for canine osteoarthritis pain. Galliprant is the first in a class of drugs called piprants, or non-COX-inhibiting prostaglandin receptor antagonists (PRAs), which specifically target the EP4 receptor largely responsible for OA pain and inflammation1,3 without interfering with other prostanoids and receptors, thereby minimizing the impact on gastrointestinal and kidney homeostasis.The increasing adoption of dogs has also increased the market for the treatment. The prevalence is high in animals. The factors like growing cases of arthritis and related disorders, instability in the joints, ligament fracture, long term pain in the joints, excessive rubbing of the joints, increased adoption of canines (dogs), and fast approval for veterinary regenerative medicine are driving the growth of the market.
Influencing Trend:
Increasing Adoption of Dogs
Market Growth Drivers:
High Prevalence of Canine Obesity and Motion Injuries and Increase in Awareness regarding Canine Health
Challenges:
Side Effects Associated with Treatment Errors
Restraints:
High Cost of Treatment
Opportunities:
Increasing Advancement in The Treatment Methods
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Canine Arthritis Treatment Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Canine Arthritis Treatment Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Canine Arthritis Treatment players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Canine Arthritis Treatment Study Sheds Light on
The Canine Arthritis Treatment Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Canine Arthritis Treatment industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Canine Arthritis Treatment industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.