Global Companion Animal Arthritis Market Size study, by Animal Type (Dogs, Cats, Others), by Animal Type (Dogs, Cats, Others) by Indication (Osteoarthritis, Other Arthritis) by Treatment (Medication, Supplements, Other Treatment) by Distribution Channel (Veterinary Hospitals & Clinics, Retail Pharmacies, Online Stores, Others) and Regional Forecasts 2022-2028

BIZ4983516
200 Pages
July 2022
Pharmaceuticals

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Global Companion Animal Arthritis Market is valued approximately USD 2.9 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.8 % over the forecast period 2022-2028. Osteoarthritis (OA) is a prevalent disease in dogs and cats. It is classified as a low-grade inflammatory, degenerative joint condition. Some of the important reasons driving the market include the expanding companion animal population, the rising incidence of arthritis, rising risk factors for the illness, supporting awareness campaigns undertaken by governments, and tactics implemented by prominent firms. For example, the American Veterinary Medical Association announced in November 2021 that the companion animal population had expanded considerably between 2016 and 2020. According to the report, the dog population in the United States was expected to be 76.8 million in 2016, with a projected growth to 83.7 million by 2020. Cat population climbed from 58.4 million in 2016 to 60 million in 2020. This is predicted to help the industry flourish. The rising acceptance of pet insurance, higher animal healthcare spending, R&D investments by leading firms, post-pandemic return to normalcy, and the expansion of drug products are some of the key drivers driving market development. According to the Insurance Information Institute, Inc., pet care spending will increase from USD 53.3 in 2012 to USD 123.6 in 2021. In a year, almost USD 1,480 is spent per dog and USD 943 is spent every cat. Similarly, according to FEDIAF, roughly 21.8 billion euros will be spent in Europe in 2020 on pet food and 21.2 billion euros on other pet-related services and goods. These positive characteristics are assisting the market's expansion. However, lack of awareness impedes market expansion throughout the projection period of 2022-2028.

The key regions considered for the Global Companion Animal Arthritis Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America emerged as the market leader. This is attributable to major players' considerable presence, the implementation of numerous initiatives begun by key corporations to improve market penetration, rising treatment availability, rising diagnostic rates, and expanding pet population and spending. Another factor projected to drive market expansion is the increasing number of veterinary clinics in the nations having licensed and qualified veterinarians. The Asia Pacific area is expected to grow at the fastest CAGR over the projection period. This is due to rising animal healthcare expenditure and disposable income in important markets, as well as increased illness awareness in emerging nations. Growing need for thorough and fast diagnosis of companion animal arthritis in emerging nations such as India is driving market expansion.

Major market player included in this report are:

Zoetis

Virbac

Elanco

Boehringer Ingelheim International GmbH

Ceva

Dechra Pharmaceuticals PLC.

Vetoquinol

NexGen Pharmaceuticals

Norbrook

Eltech K-Laser s.r.l.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Animal Type:

Dogs

Cats

Others

By Indication:

Osteoarthritis

Other Arthritis

By Treatment:

Medication

Supplements

Other Treatment

By Distribution Channel:

Veterinary Hospitals & Clinics

Retail Pharmacies

Online Stores

Others

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020

Base year – 2021

Forecast period – 2022 to 2028

Target Audience of the Global Companion Animal Arthritis Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)

1.2.1. Companion Animal Arthritis Market, by Region, 2020-2028 (USD Billion)

1.2.2. Companion Animal Arthritis Market, by Animal Type, 2020-2028 (USD Billion)

1.2.3. Companion Animal Arthritis Market, by Indication, 2020-2028 (USD Billion)

1.2.4. Companion Animal Arthritis Market, by Treatment, 2020-2028 (USD Billion)

1.2.5. Companion Animal Arthritis Market, by Distribution Channel, 2020-2028 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Companion Animal Arthritis Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Companion Animal Arthritis Market Dynamics

3.1. Companion Animal Arthritis Market Impact Analysis (2020-2028)

3.1.1. Market Drivers

3.1.1.1. Increasing companion animal population

3.1.1.2. Growing prevalence of arthritis

3.1.2. Market Challenges

3.1.2.1. Lack of awareness

3.1.3. Market Opportunities

3.1.3.1. Technological improvements in Companion Animal Arthritis

3.1.3.2. Supportive awareness programs initiated by governments

Chapter 4. Global Companion Animal Arthritis Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

4.5. Top investment opportunity

4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry

5.1.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Companion Animal Arthritis Market, by Animal Type

6.1. Market Snapshot

6.2. Global Companion Animal Arthritis Market by Animal Type, Performance - Potential Analysis

6.3. Global Companion Animal Arthritis Market Estimates & Forecasts by Animal Type 2018-2028 (USD Billion)

6.4. Companion Animal Arthritis Market, Sub Segment Analysis

6.4.1. Dogs

6.4.2. Cats

6.4.3. Others

Chapter 7. Global Companion Animal Arthritis Market, by Indication

7.1. Market Snapshot

7.2. Global Companion Animal Arthritis Market by Indication, Performance - Potential Analysis

7.3. Global Companion Animal Arthritis Market Estimates & Forecasts by Indication 2018-2028 (USD Billion)

7.4. Companion Animal Arthritis Market, Sub Segment Analysis

7.4.1. Osteoarthritis

7.4.2. Other Arthritis

Chapter 8. Global Companion Animal Arthritis Market, by Treatment

8.1. Market Snapshot

8.2. Global Companion Animal Arthritis Market by Treatment, Performance - Potential Analysis

8.3. Global Companion Animal Arthritis Market Estimates & Forecasts by Treatment 2018-2028 (USD Billion)

8.4. Companion Animal Arthritis Market, Sub Segment Analysis

8.4.1. Medication

8.4.2. Supplements

8.4.3. Other Treatment

Chapter 9. Global Companion Animal Arthritis Market, by Distribution Channel

9.1. Market Snapshot

9.2. Global Companion Animal Arthritis Market by Distribution Channel, Performance - Potential Analysis

9.3. Global Companion Animal Arthritis Market Estimates & Forecasts by Distribution Channel 2018-2028 (USD Billion)

9.4. Companion Animal Arthritis Market, Sub Segment Analysis

9.4.1. Veterinary Hospitals & Clinics

9.4.2. Retail Pharmacies

9.4.3. Online Stores

9.4.4. Others

Chapter 10. Global Companion Animal Arthritis Market, Regional Analysis

10.1. Companion Animal Arthritis Market, Regional Market Snapshot

10.2. North America Companion Animal Arthritis Market

10.2.1. U.S. Companion Animal Arthritis Market

10.2.1.1. Animal Type breakdown estimates & forecasts, 2018-2028

10.2.1.2. Indication breakdown estimates & forecasts, 2018-2028

10.2.1.3. Treatment breakdown estimates & forecasts, 2018-2028

10.2.1.4. Distribution Channel breakdown estimates & forecasts, 2018-2028

10.2.2. Canada Companion Animal Arthritis Market

10.3. Europe Companion Animal Arthritis Market Snapshot

10.3.1. U.K. Companion Animal Arthritis Market

10.3.2. Germany Companion Animal Arthritis Market

10.3.3. France Companion Animal Arthritis Market

10.3.4. Spain Companion Animal Arthritis Market

10.3.5. Italy Companion Animal Arthritis Market

10.3.6. Rest of Europe Companion Animal Arthritis Market

10.4. Asia-Pacific Companion Animal Arthritis Market Snapshot

10.4.1. China Companion Animal Arthritis Market

10.4.2. India Companion Animal Arthritis Market

10.4.3. Japan Companion Animal Arthritis Market

10.4.4. Australia Companion Animal Arthritis Market

10.4.5. South Korea Companion Animal Arthritis Market

10.4.6. Rest of Asia Pacific Companion Animal Arthritis Market

10.5. Latin America Companion Animal Arthritis Market Snapshot

10.5.1. Brazil Companion Animal Arthritis Market

10.5.2. Mexico Companion Animal Arthritis Market

10.6. Rest of The World Companion Animal Arthritis Market

Chapter 11. Competitive Intelligence

11.1. Top Market Strategies

11.2. Company Profiles

11.2.1. Zoetis

11.2.1.1. Key Information

11.2.1.2. Overview

11.2.1.3. Financial (Subject to Data Availability)

11.2.1.4. Animal Type Summary

11.2.1.5. Recent Developments

11.2.2. Virbac

11.2.3. Elanco

11.2.4. Boehringer Ingelheim International GmbH

11.2.5. Ceva

11.2.6. Dechra Pharmaceuticals PLC.

11.2.7. Vetoquinol

11.2.8. NexGen Pharmaceuticals

11.2.9. Norbrook

11.2.10. Eltech K-Laser s.r.l.

Chapter 12. Research Process

12.1. Research Process

12.1.1. Data Mining

12.1.2. Analysis

12.1.3. Market Estimation

12.1.4. Validation

12.1.5. Publishing

12.2. Research Attributes

12.3. Research Assumption

List of Tables

TABLE 1. Global Companion Animal Arthritis Market, report scope

TABLE 2. Global Companion Animal Arthritis Market estimates & forecasts by Region 2018-2028 (USD Billion)

TABLE 3. Global Companion Animal Arthritis Market estimates & forecasts by Animal Type 2018-2028 (USD Billion)

TABLE 4. Global Companion Animal Arthritis Market estimates & forecasts by Indication 2018-2028 (USD Billion)

TABLE 5. Global Companion Animal Arthritis Market estimates & forecasts by Treatment 2018-2028 (USD Billion)

TABLE 6. Global Companion Animal Arthritis Market estimates & forecasts by Distribution Channel 2018-2028 (USD Billion)

TABLE 7. Global Companion Animal Arthritis Market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 8. Global Companion Animal Arthritis Market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 9. Global Companion Animal Arthritis Market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 10. Global Companion Animal Arthritis Market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 11. Global Companion Animal Arthritis Market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 12. Global Companion Animal Arthritis Market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 13. Global Companion Animal Arthritis Market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 14. Global Companion Animal Arthritis Market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 15. Global Companion Animal Arthritis Market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 16. Global Companion Animal Arthritis Market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 17. U.S. Companion Animal Arthritis Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 18. U.S. Companion Animal Arthritis Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 19. U.S. Companion Animal Arthritis Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 20. Canada Companion Animal Arthritis Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 21. Canada Companion Animal Arthritis Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 22. Canada Companion Animal Arthritis Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 23. UK Companion Animal Arthritis Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 24. UK Companion Animal Arthritis Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 25. UK Companion Animal Arthritis Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 26. Germany Companion Animal Arthritis Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 27. Germany Companion Animal Arthritis Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 28. Germany Companion Animal Arthritis Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 29. RoE Companion Animal Arthritis Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 30. RoE Companion Animal Arthritis Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 31. RoE Companion Animal Arthritis Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 32. China Companion Animal Arthritis Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 33. China Companion Animal Arthritis Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 34. China Companion Animal Arthritis Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 35. India Companion Animal Arthritis Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 36. India Companion Animal Arthritis Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 37. India Companion Animal Arthritis Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 38. Japan Companion Animal Arthritis Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 39. Japan Companion Animal Arthritis Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 40. Japan Companion Animal Arthritis Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 41. RoAPAC Companion Animal Arthritis Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 42. RoAPAC Companion Animal Arthritis Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 43. RoAPAC Companion Animal Arthritis Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 44. Brazil Companion Animal Arthritis Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 45. Brazil Companion Animal Arthritis Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 46. Brazil Companion Animal Arthritis Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 47. Mexico Companion Animal Arthritis Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 48. Mexico Companion Animal Arthritis Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 49. Mexico Companion Animal Arthritis Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 50. RoLA Companion Animal Arthritis Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 51. RoLA Companion Animal Arthritis Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 52. RoLA Companion Animal Arthritis Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 53. Row Companion Animal Arthritis Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 54. Row Companion Animal Arthritis Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 55. Row Companion Animal Arthritis Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 56. List of secondary sources, used in the study of global Companion Animal Arthritis Market

TABLE 57. List of primary sources, used in the study of global Companion Animal Arthritis Market

TABLE 58. Years considered for the study

TABLE 59. Exchange rates considered

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