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Veterinary Pain Management Market by Product and Geography - Forecast and Analysis 2020-2024

Global Veterinary Pain Management Market

Global Veterinary Pain Management Market: About this market

Technavio’s veterinary pain management market analysis considers sales from both pain management drugs and pain management devices. Our report also provides a detailed analysis of the market in Asia, Europe, North America, and ROW. In 2019, the drugs segment had a significant market share, and this trend is expected to continue over the forecast period. With the high prevalence of painful and inflammatory diseases, the drugs segment will maintain its market position. Also, our global veterinary pain management market report looks at factors such as growth in the number of veterinarians and their income in developed countries and the growing awareness about animal health and welfare. However, the high costs associated with pet care, side effects associated with veterinary therapeutics, and stringent regulatory approval process for pain management drugs may hamper the growth of the veterinary pain management industry over the forecast period.

Global Veterinary Pain Management Market: Overview

The high prevalence of painful and inflammatory diseases

The rising obesity in pets is one of the significant risk factors for several chronic conditions. One of the common chronic conditions is osteoarthritis. This creates the need for treatments which includes NSAIDs, adjunctive pain medications, and joint supplements. The high prevalence of painful and inflammatory diseases in animals will increase the prescription of several pharmaceuticals. This will lead to the expansion of the global veterinary pain management market at a CAGR of almost 9% during the forecast period.

Rising demand for pet insurance with growing animal health expenditure

With the rising cost of animal healthcare, people are relying on pet insurance to reduce the direct financial burden. Pet insurance providers offer reimbursement-based programs. Such policies majorly cover accidental injuries, prescription drugs, and surgical procedures. This will increase marketing efforts by pet insurance companies resulting in veterinary pain management market growth.

For the detailed list of factors that will drive the global veterinary pain management market during the forecast period 2020-2024, click here.

Competitive Landscape

With the presence of several major players, the global veterinary pain management market is fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading veterinary pain management market vendors, that include Bayer AG, Boehringer Ingelheim International GmbH, Cadila Healthcare Ltd., Chanelle Pharma Group, Daiichi Sankyo Co. Ltd., Dechra Pharmaceuticals Plc, Elanco Animal Health Inc., Merck & Co. Inc., Norbrook Holdings Ltd., and Zoetis Inc.

Also, the veterinary pain management market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
      • Table Product overview
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global pharmaceuticals market
      • Table Segments of global pharmaceuticals market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2019
      • Table Market size 2019
    • Market size and forecast 2019-2024
      • Table Global market: Size and forecast 2019-2024 ($ millions)
      • Table Global market: Year-over-year growth 2020-2024 (%)
  • Five forces analysis
    • Table Five forces analysis 2019
    • Table Five forces analysis 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market segmentation by product
    • Table Product - Market share 2019-2024 (%)
    • Comparison by product
      • Table Comparison by product
    • Drugs - Market size and forecast 2019-2024
      • Table Drugs - Market size and forecast 2019-2024 ($ millions)
      • Table Drugs - Year-over-year growth 2020-2024 (%)
    • Devices - Market size and forecast 2019-2024
      • Table Devices - Market size and forecast 2019-2024 ($ millions)
      • Table Devices - Year-over-year growth 2020-2024 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2019-2024
      • Table North America - Market size and forecast 2019-2024 ($ millions)
      • Table North America - Year-over-year growth 2020-2024 (%)
      • Table Top 3 countries in North America
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ millions)
      • Table Europe - Year-over-year growth 2020-2024 (%)
      • Table Top 3 countries in Europe
    • Asia - Market size and forecast 2019-2024
      • Table Asia - Market size and forecast 2019-2024 ($ millions)
      • Table Asia - Year-over-year growth 2020-2024 (%)
      • Table Top 3 countries in Asia
    • ROW - Market size and forecast 2019-2024
      • Table ROW - Market size and forecast 2019-2024 ($ millions)
      • Table ROW - Year-over-year growth 2020-2024 (%)
      • Table Top 3 countries in ROW
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Growth in adoption of companion animals
    • Increasing preference for non-conventional and nonpharmaceutical treatments
    • Rising demand for pet insurance with growing animal health expenditure
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Bayer AG
      • Table Bayer AG - Vendor overview
      • Table Bayer AG - Business segments
      • Table Bayer AG - Organizational developments
      • Table Bayer AG - Geographic focus
      • Table Bayer AG - Segment focus
      • Table Bayer AG - Key offerings
      • Table Bayer AG - Key customers
    • Boehringer Ingelheim International GmbH
      • Table Boehringer Ingelheim International GmbH - Vendor overview
      • Table Boehringer Ingelheim International GmbH - Product segments
      • Table Boehringer Ingelheim International GmbH - Organizational developments
      • Table Boehringer Ingelheim International GmbH - Geographic focus
      • Table Boehringer Ingelheim International GmbH - Segment focus
      • Table Boehringer Ingelheim International GmbH - Key offerings
      • Table Boehringer Ingelheim International GmbH - Key customers
    • Cadila Healthcare Ltd.
      • Table Cadila Healthcare Ltd. - Vendor overview
      • Table Cadila Healthcare Ltd. - Business segments
      • Table Cadila Healthcare Ltd. - Organizational developments
      • Table Cadila Healthcare Ltd. - Geographic focus
      • Table Cadila Healthcare Ltd. - Key offerings
      • Table Cadila Healthcare Ltd. - Key customers
    • Chanelle Pharma Group
      • Table Chanelle Pharma Group - Vendor overview
      • Table Chanelle Pharma Group - Business segments
      • Table Chanelle Pharma Group - Organizational developments
      • Table Chanelle Pharma Group - Key offerings
      • Table Chanelle Pharma Group - Key customers
    • Daiichi Sankyo Co. Ltd.
      • Table Daiichi Sankyo Co. Ltd. - Vendor overview
      • Table Daiichi Sankyo Co. Ltd. - Business segments
      • Table Daiichi Sankyo Co. Ltd. - Organizational developments
      • Table Daiichi Sankyo Co. Ltd. - Geographic focus
      • Table Daiichi Sankyo Co. Ltd. - Key offerings
      • Table Daiichi Sankyo Co. Ltd. - Key customers
    • Dechra Pharmaceuticals Plc
      • Table Dechra Pharmaceuticals Plc - Vendor overview
      • Table Dechra Pharmaceuticals Plc - Product segments
      • Table Dechra Pharmaceuticals Plc - Organizational developments
      • Table Dechra Pharmaceuticals Plc - Geographic focus
      • Table Dechra Pharmaceuticals Plc - Segment focus
      • Table Dechra Pharmaceuticals Plc - Key offerings
      • Table Dechra Pharmaceuticals Plc - Key customers
    • Elanco Animal Health Inc.
      • Table Elanco Animal Health Inc. - Vendor overview
      • Table Elanco Animal Health Inc. - Product segments
      • Table Elanco Animal Health Inc. - Organizational developments
      • Table Elanco Animal Health Inc. - Geographic focus
      • Table Elanco Animal Health Inc. - Segment focus
      • Table Elanco Animal Health Inc. - Key offerings
      • Table Elanco Animal Health Inc. - Key customers
    • Merck & Co. Inc.
      • Table Merck & Co. Inc. - Vendor overview
      • Table Merck & Co. Inc. - Business segments
      • Table Merck & Co. Inc. - Organizational developments
      • Table Merck & Co. Inc. - Geographic focus
      • Table Merck & Co. Inc. - Segment focus
      • Table Merck & Co. Inc. - Key offerings
      • Table Merck & Co. Inc. - Key customers
    • Norbrook Holdings Ltd.
      • Table Norbrook Holdings Ltd. - Vendor overview
      • Table Norbrook Holdings Ltd. - Product segments
      • Table Norbrook Holdings Ltd. - Organizational developments
      • Table Norbrook Holdings Ltd. - Geographic focus
      • Table Norbrook Holdings Ltd. - Segment focus
      • Table Norbrook Holdings Ltd. - Key offerings
      • Table Norbrook Holdings Ltd. - Key customers
    • Zoetis Inc.
      • Table Zoetis Inc. - Vendor overview
      • Table Zoetis Inc. - Product segments
      • Table Zoetis Inc. - Organizational developments
      • Table Zoetis Inc. - Geographic focus
      • Table Zoetis Inc. - Segment focus
      • Table Zoetis Inc. - Key offerings
      • Table Zoetis Inc. - Key customers
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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