Global Canine Arthritis Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Drug Class;

Anti-Inflammatory, Nutraceutical Supplement and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn328217011 Published Date: June, 2024 Updated Date: July, 2024

Introduction

Global Canine Arthritis Market (USD Million), 2020 - 2030

In the year 2023, the Global Canine Arthritis Market was valued at USD 2,328.95 million. The size of this market is expected to increase to USD 3,190.67 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 4.6%.

The global market for canine arthritis treatment has witnessed significant growth in recent years, driven by increasing awareness among pet owners and advancements in veterinary healthcare. Canine arthritis, a common degenerative joint disease affecting older dogs, has spurred the demand for effective therapeutic options. This condition causes pain, stiffness, and reduced mobility in dogs, prompting a surge in research and development efforts focused on novel treatments. As a result, the market has seen a proliferation of pharmaceuticals, supplements, and therapeutic approaches tailored to manage and alleviate symptoms associated with canine arthritis.

Key players in the global canine arthritis market are actively engaged in developing innovative solutions to address the specific needs of aging canine populations. These efforts include the introduction of new drug formulations, such as non-steroidal anti-inflammatory drugs (NSAIDs) and disease-modifying osteoarthritis drugs (DMOADs), designed to provide targeted relief and improve joint function in affected dogs. Additionally, the market has seen a rise in the adoption of nutraceuticals and dietary supplements known for their anti-inflammatory properties, which complement traditional pharmacological treatments.

The market landscape is influenced by growing pet healthcare expenditures and increasing pet insurance coverage, which have bolstered the affordability and accessibility of advanced arthritis treatments for dogs. Veterinary clinics and hospitals play a pivotal role in the distribution and administration of these therapies, offering tailored treatment plans that cater to the individual needs of canine patients. Looking ahead, continued investments in research and healthcare infrastructure are expected to drive further innovation and expansion within the global canine arthritis market, ensuring enhanced quality of life for dogs affected by this prevalent condition.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Drug Class
    2. Market Snapshot, By Region
  4. Global Canine Arthritis Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing pet ownership worldwide
        2. Rising awareness about pet health and well-being
      2. Restraints
        1. High cost of veterinary treatments
        2. Limited availability of effective therapies
      3. Opportunities
        1. Advancements in veterinary medicine
        2. Growing demand for novel arthritis treatments
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Canine Arthritis Market, By Drug Class, 2020 - 2030 (USD Million)
      1. Anti-Inflammatory
        1. Introduction
        2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
      2. Nutraceutical Supplement
        1. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        2. Introduction
      3. Others
    2. Global Canine Arthritis Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Zoetis Inc.
      2. Boehringer Ingelheim Animal Health
      3. Elanco Animal Health
      4. Bayer Animal Health
      5. Vetoquinol S.A.
      6. Nutramax Laboratories Veterinary Sciences, Inc.
      7. Norbrook Laboratories Limited
      8. Dechra Pharmaceuticals PLC
      9. Ceva Santé Animale
  7. Analyst Views
  8. Future Outlook of the Market