Summary
The global Companion Animal Postoperative Pain Management Therapeutics Market is expected to witness a CAGR of xx% over the forecast period 2020-2026 and is expected to reach US$ xx million in 2026, from US$ xx million in 2019.
Companion animal postoperative pain management is a field of study focused on the management of pain in animals, specifically dogs and cats. This pain relief medication is administered by a veterinarian during the course of a treatment session and can include pain medication as well as non-opioid pain relievers. There are two basic types of pain management offered in veterinary practices: Non-steroidal anti-inflammatory drugs (NSAIDs) and pain relievers. Pain medications are given for both acute and chronic pain, and both can be used with other drugs in conjunction with one another. Companion animal postoperative pain management typically involves the use of drugs, such as paracetamol, ibuprofen, and other non-steroidal anti-inflammatory drugs.
The increasing number of pet surgical procedures is a key factor driving the market growth of companion animal postoperative pain management therapeutics. The rising prevalence of canine arthritis is another major factor fueling demand for postoperative pain management therapeutics. According to the Veterinary Science Development journal, one in four of 77.2 million pet dogs in the United States are diagnosed with some form of arthritis. In dogs, osteoarthritis is more common than rheumatoid arthritis and pain is the number one observation. A growing number of dental surgeries in the animal due to the rising prevalence of periodontal diseases is again contributing to market growth over the forecast period. According to the Animal Medical Center of Wyoming, by the age of 3, 70% of cats and 80% of dogs have some form of periodontal disease (dental disease).
North America is expected to gain significant growth over the forecast period and this is attributed to increasing pet ownership coupled with the growing pet health awareness among owners. According to the National Pet Owners Survey conducted by the American Pet Products Association (APPA), 67 percent of U.S. households, or about 85 million families, own a pet during 2019-2020. Also, the growing pet health insurance sector in the region is again propelling the regional market growth. According to the North American Pet Health Insurance Association (NAPHIA), the pet health insurance sector for the U.S. and Canada recorded a combined gross written premium of $1.42 billion in 2018, up from $1.15 billion in 2017. The total number of pets insured reached 2.43 million at year-end 2018, up by over 17 percent from 2017.
The Companion Animal Postoperative Pain Management Therapeutics Market report highlights product development and growth strategies such as merger and acquisition adopted by market players along with SWOT Analysis, PEST and Porter’s Five Forces analyses of the Companion Animal Postoperative Pain Management Therapeutics Market, which highlight the strengths, weaknesses, opportunities, and commination of key companies. Moreover, the report offers two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Manufacturers covered in this Report:-
- Zoetis
- Bayer AG
- Merck Animal Health
- Elanco
- Norbrook
- Ceva Sante Animale
- Dechra Pharmaceuticals
- ...
By the Product Type, the market is primarily segmented into:
- NSAIDs
- Anesthetics
- Opioids
- Others
By Applications, the market is segmented into:
The Report covers the following Regions:
- North America
- United States
- Canada
- Mexico
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Indonesia
- Thailand
- Malaysia
- Philippines
- Vietnam
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Central & South America
- Middle East & Africa
- Turkey
- GCC Countries
- Egypt
- South Africa
Objective of the Companion Animal Postoperative Pain Management Therapeutics Market Report:
- To assess the size of the market by value and volume
- Analyze the Companion Animal Postoperative Pain Management Therapeutics Market in terms of regions and major countries
- Highlight recent developments and trends in the market
- Offer perceptive data regarding major market players in terms of key developments, strategies, and product portfolio
- Determine share of the Companion Animal Postoperative Pain Management Therapeutics Market in terms of various segments such as by product type, application, and end-user
- Offer accurate projection of the market for the forecast period using state-of –the-art tools and the current primary and secondary research approaches
- Discuss major factors that impact growth of the Companion Animal Postoperative Pain Management Therapeutics Market
The Companion Animal Postoperative Pain Management Therapeutics Market engages the readers with all pivotal approaches to understand their position in the industry based on revenue or sales growth. The report efficiently evaluates the Companion Animal Postoperative Pain Management Therapeutics Market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competition in the market. The information in the report is backed by annual company reports, financial reports, press releases, regulatory databases, government documents, and statistical databases.
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders:
- Material suppliers/wholesalers
- Market Distributors/traders
- Regulatory bodies
- Research organizations, and consulting firms
- Commercial research & developments (R&D)
- Trade associations and industry bodies
- Importers and exporters
- End-use industries
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