Rising pet ownership coupled with an increase in expenditure on pet healthcare is a prime trait driving the market growth. Growing obesity and body fat in dogs is directly fueling the demand of canine arthritis. Technological advancement for the treatment of arthritis and other chronic diseases in pets is further to foster the market growth. Growing number of veterinary clinics is also fueling the market growth.
As per the latest report by added by Value Market Research, the Global Canine Arthritis Market was valued USD 145.5 MN (by revenue) in 2017 and is anticipated to reach USD 206.9 MN by 2024 with a CAGR of 4.9%.
NON-SURGICAL EMERGES AS THE LEADING TREATMENT TYPE
In 2017, non-surgical dominated the treatment type owing to the ability to detect, alleviate and prevent diseases to a certain extent in pets is driving the segment growth. Non-surgical treatment is anticipated to reach USD XX.X million by end of 2024.
ANTI-INFLAMMATORY DOMINATED THE DRUG CLASS SEGMENT
Anti-inflammatory led the drug class owing to its ability to control pain and inflammation is fueling the market growth. As per the analysis, anti-inflammatory drug class is likely to reach USD XX.X million by end of the year 2024.
PHARMACIES EMERGES AS LEADING DISTRIBUTION CHANNEL
Pharmacies dominated the distribution channel owing to rising awareness of animal health issues along with the expansion of pharmacies has driven the market growth. Pharmacies are projected to reach USD XX.X million by 2024. In addition, the ability to deliver various prescription and non-prescription veterinary medicines, pet food, toys and other accessories at lower prices are projected to fuel the growth pharmacies segment.
VETERINARY CLINIC LED THE END-USER SEGMENT
In 2017, veterinary clinic dominated the end-user and is presumed to reach USD XX.X million by end of the year 2024. Rising expenditure in pet health care, availability of more medications and rising awareness among pet owner regarding pet health is again fueling the veterinary clinic segment growth. Growing number of the veterinary clinic is presumed to augment market growth in forecasting period.
NORTH AMERICA HOLDING HIGHEST MARKET SHARE IN GLOBAL CANINE ARTHRITIS MARKET
North America is dominating the market owing to the growing number of the incidence rate of canine arthritis disease, awareness of canine arthritis treatment and growing number of veterinary hospitals is expected to the drive the growth of canine arthritis treatment market in the region.
KEY PLAYERS OF THE CANINE ARTHRITIS MARKET
Major players of the market include B natural, DVM Pharmaceuticals, K9 Nutra, Liquid Health, Inc., Matsun Nutrition, Synflex America, Inc. and Thorne Research Inc.
As per this study the Global Canine Arthritis Market was valued USD 145.5 MN (by revenue) in 2017 and is anticipated to reach USD 206.9 MN by 2024 with a CAGR of 4.9%.
By Drug Class
Canine arthritis is referred to as the tenderness of a joint. It basically occurs in dogs as a result of stress on a joint due to jumping, running, and walking. This process affects the cartilage, which cushions the impact on the joint, to wear away so that the bones are able to rub on each other. This can be very painful. Veterinarians generally refer to this condition as osteoarthritis, it is also called as a degenerative joint disease, which shows that it is due to degeneration of a joint over a long time.
Growing number of domestic pets, rising health awareness regarding pets and pet owners are now spending more and more on caring for their pets’ health is expected to raise the demand for the market. The advent of various novel therapy and technology in the field of veterinary especially for arthritis is further pushing the growth uphill. However, the high cost associated with the treatment is likely to limit the growth of the market.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of canine arthritis.
The broad canine arthritis market has been sub-grouped into treatment type, drug class, distribution channel, and end-user. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Drug Class Market Share 2017
By Treatment Type
By Distribution Channel
- Neutraceutical Supplement
- Herbal Medicine
- Direct Sales
- Veterinary Clinics
- Veterinary Hospitals
- Home Care
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for canine arthritis in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Europe Canine Arthritis Market By Revenue (USD MN)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the canine arthritis market include B Natural, DVM Pharmaceuticals, K9 Nutra, Liquid Health, Inc., Matsun Nutrition, Synflex America, Inc., Thorne Research Inc. and Others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.
2. EXECUTIVE SUMMARY
- Introduction To Canine Arthritis
- Report Description
- Objectives Of The Study
- Research Scope
- Research Methodology
3. MARKET ANALYSIS
- Market Highlight
- Global Canine Arthritis Market: Snapshot
4. CANINE ARTHRITIS MARKET ANALYSIS BY TREATMENT TYPE
- Porter’s Five Forces Analysis
- Value Chain Analysis
5. CANINE ARTHRITIS MARKET ANALYSIS BY DRUG CLASS
- Market In Surgical
- Market In Non-Surgical
6. CANINE ARTHRITIS MARKET ANALYSIS BY DISTRIBUTION CHANNEL
- Market In Anti-Inflammatory
- Market In Neutraceutical Supplement
- Market In Painkiller
- Market In Herbal Medicine
7. CANINE ARTHRITIS MARKET ANALYSIS BY END-USER
- Market In Pharmacies
- Market In Direct Sales
- Market In E-Commerce
8. CANINE ARTHRITIS MARKET ANALYSIS BY GEOGRAPHY
- Market In Veterinary Clinics
- Market In Veterinary Hospitals
- Market In Home Care
8. COMPETITIVE LANDSCAPE OF THE CANINE ARTHRITIS COMPANIES
- North America (NA)
- North America Market Estimates
- North America Market Estimates By Country
- United States (U.S.) Market Estimates By Segments
- Rest Of North America Market Estimates By Segments
- Europe (EU)
- Europe Market Estimates
- Europe Market Estimates By Country
- United Kingdom (UK) Market Estimates By Segments
- Germany Market Estimates By Segments
- France Market Estimates By Segments
- Rest Of Europe Market Estimates By Segments
- Asia Pacific (APAC)
- Asia Pacific Market Estimates
- Asia Pacific Market Estimates By Country
- China Market Estimates By Segments
- Japan Market Estimates By Segments
- India Market Estimates By Segments
- Rest Of Asia Pacific Market Estimates By Segments
- Latin America (LA)
- Latin America Market Estimates
- Latin America Market Estimates By Country
- Brazil Market Estimates By Segments
- Rest Of Latin America Market Estimates By Segments
- Middle East And Africa (MEA)
- Middle East And Africa Market Estimates
- Middle East And Africa Market Estimates By Country
- Middle East Market Estimates By Segments
- Africa Market Estimates By Segments
9. COMPANY PROFILES OF THE CANINE ARTHRITIS INDUSTRY (Company Overview, Financial, Major Products & Recent Development)
- Market Competition
- Mergers And Acquisitions
- New Product Launches
- Other Developments
* Tentative TOC
LIST OF TABLES
- B natural
- DVM Pharmaceuticals
- K9 Nutra
- Liquid Health, Inc.
- Matsun Nutrition
- Synflex America, Inc.
- Thorne Research Inc.
Table 1. Market Highlights Of Canine Arthritis
Table 2. Global Canine Arthritis Market By Treatment Type
Table 3. Global Canine Arthritis Market By Drug Class
Table 4. Global Canine Arthritis Market By Distribution Channel
Table 5. Global Canine Arthritis Market By End-User
Table 6. Global Canine Arthritis Market By Geography
Table 7. North America Canine Arthritis Market
Table 8. Europe Canine Arthritis Market
Table 9. Asia Pacific Canine Arthritis Market
Table 10. Latin America Canine Arthritis Market
Table 11. Middle East And Africa Canine Arthritis Market
Table 12. Partnership/Collaboration/Agreements
Table 13. Mergers And Acquisitions
Table 14. New Product Development
Table 15. Other Developments
LIST OF FIGURES
Fig. 1. Market Segmentation Of Canine Arthritis Market
Fig. 2. Top-Down Approach
Fig. 3. Bottom-Up Approach
Fig. 4. Market Highlights Of Canine Arthritis
Fig. 5. Value Chain Analysis
Fig. 6. Porter’s Five Forces Analysis
Fig. 7. Global Canine Arthritis Market By Treatment Type
Fig. 8. Global Canine Arthritis Market By Drug Class
Fig. 9. Global Canine Arthritis Market By Distribution Channel
Fig. 10. Global Canine Arthritis Market By End-User
Fig. 11. Global Canine Arthritis Market By Geography
Fig. 12. North America Canine Arthritis Market
Fig. 13. Europe Canine Arthritis Market
Fig. 14. Asia Pacific Canine Arthritis Market
Fig. 15. Latin America Canine Arthritis Market
Fig. 16. Middle East And Africa Canine Arthritis Market
Fig. 17. Market Share Of Canine Arthritis Companies
Fig. 18. Recent Developments In Canine Arthritis Industry
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.