About Animal Pain Management
The global animal pain management market is expected to witness the growth throughout the forecasted period due to the rising swelling pain in animals due to osteoarthritis and growing pain related disorders in pet animals. Animal pain management deals with the pain which is an unpleasant sensory and emotional experience of the animal where it is associated with the inflammation. The pain in animals is even more difficult to quantify and qualify, to manage the pain number of pain-relieving drugs and therapies are used in pets and other animals.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
There are various companies are exploring the market in new geographical regions by adopting various market growth strategies such as mergers & acquisitions, expansions, investments, new product launches and many others. The market leading players are exploring new opportunity areas through expansions and acquisitions across the globe to avail competitive advantage through combined synergies. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Boehringer Ingelheim (Germany), Merck Animal (United States), Elanco Animal Health (United States), Bayer Animal Health (Germany), Zoetis Inc. (United States), Virbac (France), Ceva Sante Animale (France) and Vetoquinol S.A. (France) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Bimeda, Inc. (Ireland), Chanelle Pharma Group (Ireland) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Animal Pain Management market by , Application (Veterinary Care Center and Veterinary Hospital) and Region.
On the basis of geography, the market of Animal Pain Management has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Analgesics, the sub-segment i.e. Non-opioids will boost the Animal Pain Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Cause, the sub-segment i.e. Osteoarthritis will boost the Animal Pain Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Pets will boost the Animal Pain Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Advances in Animal Pain Management Technology and RIsing Animal Pain Management Hospitals and Centers
Market Growth Drivers:
Growing Pain Related Disorders in Pet Animals and Rise in Swelling in Animals Associated with Osteoarthritis
Challenges:
Stringent Regulatory Guidelines on Animal Pain Management
Restraints:
Overdose of Analgesics in Animal for Pain Management Might Effects the Animal Health Adversely
Opportunities:
Increasing Number of Certified Animal Pain Management Professionals and Continuous Research and Development in Animal Pain Management
Market Leaders and their expansionary development strategies
In February 2020, Zoetis Inc. acquired Ethos Diagnostic Science, which is a U.S.-based veterinary reference laboratory for USD 490 million.
In April 2019, Elanco Animal Health announced an agreement to acquire Aratana Therapeutics a pet therapeutics company focused on developing and commercializing innovative therapeutics for dogs and cats, and developer of the first-of-its-kind canine NSAID for osteoarthritis, Gallipran. Elanco has also signed a development and commercialization agreement with VetDC for Tanovea-CA1, the first U.S. Food and Drug Administration (FDA) conditionally approved canine lymphoma treatment.
"FDA has approved several nonsteroidal anti-inflammatory drugs for dogs to control pain and inflammation associated with osteoarthritis, and to control pain and inflammation after soft tissue and orthopedic surgery. [Orthopedic pertains to bones and muscles; soft tissue is everything else. Repairing a dog’s torn ACL (anterior cruciate ligament) in her knee is an orthopedic surgery; removing a ball from a dog’s stomach is a soft tissue surgery.] The labels for an FDA-approved NSAID for dogs or cats is written specifically for that species. The label includes all the information veterinarians need to use the drug safely and effectively in that species."
Key Target Audience
Animal Pain Management Service Providers, Animal Pain Management Hospitals, Animal Pain Management Industry Associations, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.