The Business Research Company’s report on the Companion Animal Arthritis Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
Which emerging drivers are set to accelerate the growth of the companion animal arthritis market further?
Rising trend of pet adoption is expected to propel the growth of companion animal arthritis market. Pet adoption helps reduce stress, anxiety, depression, and so on. Pet adoption is a method of getting a dog, cat, and other exotic animals that their prior owners have given up to a shelter or rescue rather than getting one from a pet shop, breeder, or another individual. Pets face the risk of developing arthritis once they start getting into old age. For instance, according to a survey conducted by, The American Pet Products Association, a US-based not-for-profit industry association, approximately half of British homes with pets acquired at least one new animal while the country was in lockdown, while 11.3 million Americans acquired new pets during the pandemic. Additionally, in the survey, 16% of Generation Z respondents and 13% of millennials stated they had adopted a new pet during the pandemic. Therefore, the rising trend of pet adoption contributes significantly to the growth of the companion animal arthritis market.
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What are the key factors influencing the forecasted market size of the companion animal arthritis industry?
The companion animal arthritis market size has grown strongly in recent years. It will grow from $3.72 billion in 2024 to $4.08 billion in 2025 at a compound annual growth rate (CAGR) of 9.7%. The growth in the historic period can be attributed to increasing pet ownership, advancements in veterinary medicine, awareness, and education.
The companion animal arthritis market size is expected to see rapid growth in the next few years. It will grow to $6.04 billion in 2029 at a compound annual growth rate (CAGR) of 10.3%. The growth in the forecast period can be attributed to aging pet population, innovations in therapeutics, customized nutrition, telemedicine in veterinary care, humanization of pets. Major trends in the forecast period include biologics in veterinary medicine, digital health solutions, nutraceuticals and functional foods, collaborations and partnerships, pet insurance impact, consumer demand for natural and holistic therapies, data-driven veterinary care.
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Who are the leading competitors in the companion animal arthritis market?
Major companies operating in the companion animal arthritis market include Zoetis Inc., Merck Animal Health, Boehringer Ingelheim, Bayer Animal Health, Vetoquinol, Ceva Santé Animale, Dechra Pharmaceuticals, PetMed Express, Pet Health Solutions, VetriScience, Synlogic, Canine Arthritis Management, Integrative Pet Care, The Honest Kitchen, Vetri-Science Laboratories, Anivive Lifesciences, Pawsitively Posh Pets, Trifecta Natural, Nutramax Laboratories, Hill’s Pet Nutrition, Royal Canin, Medivet, Virbac, Canna-Pet, Fetch for Pets, Lintbells, Allivet, Petlab Co.
Which emerging trends are set to transform the companion animal arthritis market landscape?
Major companies in the companion animal arthritis market are increasingly focusing on technological innovations, such as advanced therapeutic products and supplements, to provide pets with effective pain relief and improved joint health, ensuring a higher quality of life for aging and arthritis-affected animals. Bonqat is a new medication developed for cats that helps reduce anxiety during stressful situations, such as travel or veterinary visits, without causing sedation. The product aims to calm cats, making it easier for them and their owners during trips or appointments. For instance, in April 2024, Zoetis Inc., a US-based company which manufactures medicine and vaccinations for pets and livestock, launched Bonqat (pregabalin oral solution) for alleviation of feline acute anxiety and fear associated with transportation and veterinary visits, which can be a barrier to routine care. The oral solution can be mixed with food or given directly to the cat, making it easier for pet owners to administer. The dosing is small (0.1 mL/kg), and a majority of cat owners have reported that administration is easy.
How do different geographies compare in terms of market share and growth potential in the companion animal arthritis market?
North America was the largest region in the companion animal arthritis market in 2024. The regions covered in the companion animal arthritis market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Which major segments of the companion animal arthritis market are experiencing the fastest growth?
The companion animal arthritis market covered in this report is segmented –
1) By Type: Dogs, Cats, Other Types
2) By Indication: Osteoarthritis, Other Arthritis
3) By Treatment: Medication, Supplements, Other Treatments
4) By Distribution Channel: Veterinary Hospitals And Clinics, Retail Pharmacies, Online Stores, Other Distribution Channels
Subsegments:
1) By Dogs: Large Breed Dogs, Small Breed Dogs, Senior Dogs
2) By Cats: Domestic Cats, Senior Cats
3) By Other Types: Rabbits, Ferrets, Other Small Mammals
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What defines the structure and scope of the companion animal arthritis market?
The companion animal arthritis refers to a condition involving inflammation of one or more joints in companion animals such as cats, dogs, and other exotic animals. Companion animal arthritis develops in the bones when the cartilage between joints becomes rougher and more worn, forcing the bone surfaces to rub against one another.
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