Global Canine Arthritis Market expected to lead to USD 213.3 MN by 2025
Posted On April 18, 2019
Global Canine Arthritis Market foresees a respectable growth and reaches USD 213.3 MN by 2025.The market was valued by Value Market Research at USD 152.6 MN (by revenue) in 2018 and is anticipated to attain a CAGR of 4.9% between 2019 and 2025.The primary objective of the report is to provide updates and important information associated with the market opportunities in the canine arthritis treatment market. The study is a wholesome report enveloping market size, market forecast, and growth outlook collected and analyzed by industry experts.
Canine arthritis is a medical situation involving tenderness and inflammation of joints in dogs as a result of stress on a joint due to jumping, running, and walking. Basically it a chronic disorder and it not only affects the bones in the joint but also other soft tissues and cartilage surrounded it. It is also called as a degenerative joint disease because this is caused by degeneration of a joint over a long time.
The report "Global Canine Arthritis Market Report By Treatment Type (Surgical And Non-Surgical), Drug Class (Anti-Inflammatory, Neutraceutical Supplement, Painkiller, And Herbal Medicine), Distribution Channel (Pharmacies, Direct Sales, And E-Commerce), End-User (Veterinary Clinics, Veterinary Hospitals, And Home Care) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2018-2025" includes assessment on current trends, growth path, restraints, opportunities and macro-economic factors impacting the growth of the market.
The growth of canine arthritis can be attributed to the growing number of domestic pets and rising health awareness regarding pets among owners. Increasing number of veterinary hospital and pet healthcare centers across the globe coupled with the rising funding’s on the healthcare sector is also supporting the market growth. Advent of advancement in a novel therapy for canine arthritis treatment along with the rising focus on research for the development of more new drugs and vaccines is another major factor driving the canine arthritis market.
Market segmentation comprises of treatment type, drug class, distribution channel, and region. Treatment type includes surgical and non-surgical. Non-surgical is dominating the segment owing to its cost-effectiveness and helps to control pain in dogs to a certain extent. Drug class covers anti-inflammatory, neutraceutical supplement, painkiller, and herbal medicine. An anti-inflammatory is gaining traction in the market owing to its ability to control pain and inflammation which is driving their demand. Distribution channel incorporates pharmacies, direct sales, and e-commerce. Pharmacies segment is dominating the segment owing to the rising number of pharmacies across the globe in order to reach the potential consumer is driving the segment growth. End-user section embraces veterinary clinics, veterinary hospitals, and home care. Veterinary clinic is leading the segment owing to rising vet care spending’s is expected to directly impact the need for better treatment therapies and drugs in the veterinary clinic, therefore, driving segment growth. Also, the rising number of the veterinary clinic is projected to augment segment growth. The regional assessment covers North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. North America is the dominant market for canine arthritis owing to increasing spending’s on vet care facilities along with the rising awareness regarding the disease in animal and accessibility of treatment is driving the regional market growth.
The Report Segments Global Canine Arthritis Market -
By Treatment Type
By Drug Class
- Neutraceutical Supplement
- Herbal Medicine
By Distribution Channel
- Direct Sales
- Veterinary Clinics
- Veterinary Hospitals
- Home Care
- North America
- Latin America
- Middle East and Africa
Players Profiled In The Report:
B Natural, DVM Pharmaceuticals, K9 Nutra, Liquid Health, Inc., Matsun Nutrition, Synflex America, Inc., Thorne Research Inc. and Others.
Download the FREE SAMPLE of Global Canine Arthritis Market Research Report
About Value Market Research -
Value Market Research was established with the vision to ease decision making and empower the strategists by providing them with holistic market information. Our analysts’ team is well equipped with all research tools and techniques and hold deep knowledge of the industry they are working for.
We ensure intellectual, precise and quality data is delivered to our client. We facilitate clients with syndicate research reports and customized research reports on 25+ industries with global as well as regional coverage.
Value Market Research
401/402, TFM, Nagras Road, Aundh, Pune-7.
Email: [email protected]