Veterinary Pain Management Market to Grow with a CAGR of 6.71% through 2030
Increasing the number of veterinary surgeries is expected to
drive the growth of global veterinary pain management in the forecast
period, 2026-2030.
According to TechSci Research report, “Veterinary Pain
Management Market - Global Industry Size, Share, Trends, Opportunity, and
Forecast, 2030F”, the Global Veterinary Pain Management Market was valued at
USD 2.94 Billion in 2024 and is expected to reach USD 4.34 Billion by 2030 with
a CAGR of 6.71%. This can be ascribed to the increasing awareness
regarding better pet care and the trend to pet adoption across the globe.
Additionally, increasing investments in technological advancements and
innovation, especially in the developed countries in North America and Europe
is expected to create lucrative opportunities for market growth in coming
years. Besides, the increasing incidence of pet obesity is further expected to
support market growth. Similarly, the growing number of veterinary
practitioners and their income levels in the developing region along with the
growing consumption of meat and milk will further boost the market growth
during the forecast period. Also, the growing incidence of animal diseases and
inflammation is also expected to create significant growth during the
forecasted years. Additionally, the growing adoption of pet insurance with
growing animal healthcare expenditure is anticipated to drive the growth of
this market over the years.
However, the high cost of pet care management across the
globe thereby slowing down the growth of the global veterinary pain
management market in the forecast period. Similarly, advanced technology
used in pain management devices creates a high cost which may hamper
the veterinary pain management market growth during the forecast
period. Also, poor reimbursement scenarios and technology penetration in
developing economies can further restrict the growth of the
global veterinary pain management market.
The Global Veterinary Pain Management Market is
segmented into product, application, animal type, regional distribution, and
company.
Based on Animal Type, Companion Animal category is witnessing the fastest
growth in the global veterinary pain management market. This growth is being
propelled by a confluence of rising pet ownership, humanization of pets,
increasing prevalence of age-related and chronic conditions in pets, and
greater awareness among pet owners about animal health and welfare. Countries
across North America, Europe, and the Asia Pacific are seeing rapid
acceleration in pet care expenditure, significantly contributing to demand for
pain management solutions. One of the core drivers of this segment's growth is
the surging global pet population. According to the American Pet Products
Association (APPA), about 66% of U.S. households, equivalent to nearly 86.9
million homes, owned a pet in 2023—a marked increase from previous years. In
Europe, the European Pet Food Industry Federation (FEDIAF) reported that over
90 million households own at least one pet, with dogs and cats being the most
common. Meanwhile, emerging economies in Asia, particularly China and India,
are seeing exponential growth in pet ownership, largely due to rising
disposable incomes, urbanization, and changing lifestyles. The China Pet
Industry Association noted that urban pet ownership in China surpassed 116
million cats and dogs in 2023, highlighting a strong upward trend.
Based on the Region, Asia Pacific is currently the
fastest-growing region in the global veterinary pain management market, driven
by a convergence of rising pet ownership, rapid urbanization, expanding
middle-class income, growing awareness about animal health, and significant
improvements in veterinary infrastructure and education across emerging
economies such as China, India, and Southeast Asian nations. One of the most
prominent drivers of growth in the region is the increase in pet ownership,
especially in urban centers. In China, pet ownership has surged dramatically in
recent years. According to data published by the National Bureau of Statistics
of China and the China Pet Industry Association, the number of pet dogs and
cats in urban China surpassed 116 million in 2023, a major increase from just a
decade ago. Similarly, India has seen a rise in the pet population, with the
Ministry of Fisheries, Animal Husbandry and Dairying estimating over 32 million
pets as of 2022, growing at a rate of more than 12% annually. This surge has
led to higher demand for veterinary services, including pain management
treatments for conditions like arthritis, injury, post-surgical recovery, and
age-related degeneration in companion animals.
Major companies operating in the Global Veterinary Pain
Management Market are:
- Boehringer
Ingelheim International GmbH
- Zoetis
Inc.
- Elanco
Animal Health Incorporated
- Norbrook
Laboratories Limited
- SeQuent
Scientific Limited
- Merck
& Co., Inc.
- Dechra
Pharmaceuticals Plc
- Vetoquinol
S.A.
- Ceva
Santé Animale SA
- Chanelle
Pharma Group Ltd
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“North America is expected to dominate in the
global veterinary pain management market on account due to the
increasing pet care ownership and demand for effective animal care across the
region. Furthermore, the increasing trend of pet adoption and the emerging
regional economy, and the increasing prevalence of animal diseases such as
deficiency diseases, hereditary diseases, and physiological diseases led to a
rising number of surgeries further contributing to the demand for veterinary
pain management. Also, growing expenditure for research and development
proficiencies in the developing regions pertaining to medical instruments and
devices will further propel the growth of the market during the forecasted
periods. Besides, the availability of skilled professionals to handle all pets
and increasing collective efforts by key players to improve their product
portfolio to ensure high-quality standards are further expected to create
lucrative opportunities for market growth” said Mr. Karan Chechi, Research Director
of TechSci Research, a research based global management consulting firm.
“Veterinary Pain Management Market - Global Industry
Size, Share, Trends, Opportunity, and Forecast, Segmented By Product
(Medications, Medical Devices), By Application (Joint Pain, Cancer Pain,
Postoperative Pain, Others), By Animal Type (Companion Animal, Livestock
Animal), By Region and Competition, 2020-2030F”, has evaluated the
future growth potential of global veterinary pain management market
and provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in global veterinary pain
management market.
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