Global Veterinary Pain Management Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Drugs and Devices.

By Animal Type;

Companion and Livestock.

By Route of Administration;

Oral Preparations and Parenteral Preparations.

By Application;

Osteoarthritis and Joint Pain, Postoperative Pain, Cancer, and Others.

By End User;

Veterinary Hospital Pharmacies, Retail Veterinary Pharmacies and Online Pharmacies.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn124627341 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Veterinary Pain Management Market (USD Million), 2021 - 2031

In the year 2024, the Global Veterinary Pain Management Market was valued at USD 1,423.17 million. The size of this market is expected to increase to USD 2,197.10 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.4%.

The global veterinary pain management drugs market is witnessing steady growth, fueled by an increasing awareness of animal welfare and the rising prevalence of conditions causing pain in animals. With pets being increasingly considered as integral members of families, the demand for effective pain management solutions has surged. Additionally, the growing adoption of companion animals in both developed and emerging economies is driving the need for advanced veterinary pharmaceuticals. This trend is particularly notable in regions with rapidly expanding urban populations, where pet ownership is on the rise.

Pharmaceutical companies specializing in veterinary medicine are actively engaged in research and development to introduce novel pain management drugs tailored specifically for animals. These efforts are resulting in the introduction of innovative formulations and delivery methods aimed at improving efficacy and ease of administration. Moreover, the veterinary pain management drugs market is witnessing a shift towards a multi-modal approach, wherein combination therapies and integrated treatment regimens are increasingly being employed to address diverse pain etiologies in animals.

The market also faces challenges such as regulatory hurdles and the limited availability of approved drugs for certain animal species. Regulatory agencies are placing greater emphasis on safety and efficacy standards for veterinary pharmaceuticals, necessitating rigorous clinical trials and compliance with stringent regulatory requirements. Moreover, the high cost associated with the development and commercialization of veterinary drugs poses a barrier to market entry for smaller companies. Nevertheless, strategic collaborations, partnerships, and acquisitions are emerging as key strategies adopted by market players to expand their product portfolios and strengthen their foothold in the global veterinary pain management drugs market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Animal Type
    3. Market Snapshot, By Route of Administration
    4. Market Snapshot, By Application
    5. Market Snapshot, By End User
    6. Market Snapshot, By Region
  4. Global Veterinary Pain Management Drugs Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Awareness about Animal Welfare
        2. Rising Prevalence of Painful Conditions in Animals
        3. Growing Adoption of Companion Animals
        4. Advancements in Veterinary Medicine
        5. Urbanization and Changing Lifestyles
      2. Restraints
        1. Stringent Regulatory Approval Processes
        2. Limited Availability of Approved Drugs for Certain Animal Species
        3. High Cost of Drug Development
        4. Lack of Skilled Veterinary Professionals
        5. Concerns Regarding Side Effects and Safety
      3. Opportunities
        1. Development of Novel Formulations and Delivery Methods
        2. Multi-Modal Approach to Pain Management
        3. Expansion in Emerging Markets
        4. Strategic Collaborations and Partnerships
        5. Focus on Personalized Medicine for Animals
    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 Veterinary Pain Management Drugs Market, By Product, 2021-2031 (USD Million)

      1. Drugs

      2. Devices

    2. Global Veterinary Pain Management Drugs Market, By Animal Type 2021-2031 (USD Million)

      1. Companion

      2. Livestock

    3. Global Veterinary Pain Management Drugs Market, By Animal Type, 2021-2031 (USD Million)
      1. Oral Preparations
      2. Parenteral Preparations
    4. Global Veterinary Pain Management Drugs Market, By Application, 2021-2031 (USD Million)

      1. Osteoarthritis

      2. Joint Pain

      3. Postoperative Pain

      4. Cancer

      5. Others

    5. Global Veterinary Pain Management Drugs Market, By End User, 2021-2031 (USD Million)
      1. Veterinary Hospital Pharmacies
      2. Retail Veterinary Pharmacies
      3. Online Pharmacies
    6. Global Veterinary Pain Management Drugs Market, By Geography, 2021-2031 (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
        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. Elanco Animal Health
      3. Boehringer Ingelheim
      4. Bayer Animal Health
      5. Merck Animal Health
  7. Analyst Views
  8. Future Outlook of the Market