Global Veterinary Pain Management Market report briefly reviews the major changes in the market over past few years. It will then examine how the startup and key players across the value chain are using technology to develop new business models that cuts costs or boost revenue and in some cases, it will provide what the future of the Healthcare IT industry look like. Ongoing changes in the distribution segment of the industry. Additionally, Global Veterinary Pain Management Market report consists of the world’s crucial region market share, size (volume), trends including the product profit, price, Value, production, capacity, capability utilization, supply, and demand and industry growth rate.
Global Veterinary Pain Management Market is expected to reach USD 2.05 billion by 2025, from USD 1.09 billion in 2017, growing at a CAGR of 8.2% during the forecast period of 2018 to 2025.
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Veterinary pain management is a major subset of veterinary therapeutics. Animals are unable to express the pain. Pain in animals could be due to surgical pain, arthritis and cancer. Signs of pain in pets include reluctance to walk on slippery surfaces, frequently going up/down the stairs, selective behavior and attempting to stand up with front legs. Others include loss of appetite, aggression, reduced activity and tail flicking. Various options to treat the causes of pain in animals are pain medications, physical rehabilitation, acupuncture, laser therapy, and therapeutic massage. Increasing animal diseases paradigm shift towards maintaining animal health are driving the market. According to American Animal Hospital Association (AAHA), the demographic study of the Veterinary Medical Database reports that neoplastic disease was the most common terminal pathological process in 73 of 82 canine breeds. It is the most common cause of death in dogs less than 1 year of age. According to Animal Cancer Foundation, there are 65 million dogs and 32 million cats in the U.S. and of these approximately 6 million new cancer diagnoses are made in dogs and a similar number made in cats each year. The increasing animal diseases lead to launch various drugs in the market. For instance, in January 2017, Elanco launched Grapriprant tablets (gallant) for treatment of management of pain and inflammation associated with canine osteoarthritis.
Major Market Drivers and Restraints:
Global Veterinary Pain Management Market Major Competitors/Players:
Some of the major players operating in the market are:-
Merial, Virbac S.A., IDEXX Laboratories, Vetoquinol S.A., Evonik, DuPont, DSM, Adisseo, BASF, ADM, Nutreco, Novusint, Cargill, Charoen Pokphand Group, Sumitomo Chemical, Kemin Industries, Biomin, Alltech, Addcon, Bio Agri Mix, Halyard, Boston Scientific, Elli Lilly & Co., Endo International, Forest Laboratories, Medtronic among others.
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Global Veterinary Pain Management Market Competitive Analysis:
The Global Veterinary Pain Management Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of veterinary pain management market for global, Europe, North America, Asia Pacific and South America.
Others include loss of appetite, aggression, reduced activity and tail flicking. Various options to treat the causes of pain in animals are pain medications, physical rehabilitation, acupuncture, laser therapy, and therapeutic massage. Increasing animal diseases paradigm shift towards maintaining animal health are driving the market. According to American Animal Hospital Association (AAHA), the demographic study of the Veterinary Medical Database reports that neoplastic disease was the most common terminal pathological process in 73 of 82 canine breeds.
Global Veterinary Pain Management Market Segmentation:
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