PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1774725
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1774725
Global Companion Animal Arthritis Market to Reach US$4.8 Billion by 2030
The global market for Companion Animal Arthritis estimated at US$3.4 Billion in the year 2024, is expected to reach US$4.8 Billion by 2030, growing at a CAGR of 6.0% over the analysis period 2024-2030. Dogs, one of the segments analyzed in the report, is expected to record a 6.7% CAGR and reach US$2.9 Billion by the end of the analysis period. Growth in the Cats segment is estimated at 5.3% CAGR over the analysis period.
The U.S. Market is Estimated at US$915.1 Million While China is Forecast to Grow at 9.6% CAGR
The Companion Animal Arthritis market in the U.S. is estimated at US$915.1 Million in the year 2024. China, the world's second largest economy, is forecast to reach a projected market size of US$979.1 Million by the year 2030 trailing a CAGR of 9.6% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.9% and 6.0% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.
Global Companion Animal Arthritis Market - Key Trends & Drivers Summarized
What is Driving the Rise in Companion Animal Arthritis Cases?
Arthritis in companion animals, particularly dogs and cats, has been on the rise due to several factors, including increased pet longevity, obesity prevalence, and greater awareness among pet owners. Veterinary advancements and improved diagnostic capabilities have contributed to the identification of arthritis cases that might have otherwise gone unnoticed. As more households treat pets as family members, the demand for high-quality veterinary care, including arthritis management solutions, has surged significantly. Additionally, the growing geriatric pet population has placed arthritis management at the forefront of veterinary care. Many pet owners are now proactively seeking treatments ranging from traditional pharmaceuticals to holistic therapies. The expansion of companion animal insurance coverage has also made arthritis treatments more accessible, reducing financial barriers for pet owners. This trend is fueling the market’s growth, as companies develop new and improved treatment options for managing osteoarthritis and degenerative joint diseases in pets.
How Are Innovations in Veterinary Medicine Transforming Arthritis Treatment?
Veterinary medicine has seen significant breakthroughs in arthritis treatment, with a shift toward more sophisticated, multi-modal approaches. Non-steroidal anti-inflammatory drugs (NSAIDs) remain a primary treatment option, but there is increasing interest in regenerative medicine, including stem cell therapy and platelet-rich plasma (PRP) treatments. These therapies are gaining traction due to their potential to repair damaged tissues and improve mobility without the side effects associated with long-term NSAID use. The introduction of monoclonal antibodies specifically designed to target pain receptors in arthritic animals marks another significant milestone in the market. These novel biologics offer extended pain relief with fewer adverse reactions compared to traditional pain management methods. Additionally, advancements in nutraceuticals, including omega-3 fatty acids, glucosamine, and chondroitin supplements, are driving growth in the arthritis management segment. Manufacturers are now focusing on developing palatable formulations that encourage compliance among pet owners and ensure optimal therapeutic benefits.
Why Is the Market Seeing a Surge in Non-Pharmaceutical Therapies?
As concerns grow over the long-term use of pharmaceuticals, pet owners and veterinarians alike are increasingly turning to non-pharmaceutical interventions for arthritis management. Hydrotherapy, acupuncture, and therapeutic laser treatments are gaining widespread acceptance as complementary therapies that enhance mobility and reduce discomfort. These approaches are especially popular among owners who seek drug-free alternatives or wish to combine treatments for maximum effectiveness. Furthermore, advancements in wearable technology for pets are playing a crucial role in monitoring mobility and detecting early signs of joint deterioration. Smart collars and activity monitors equipped with AI-driven analytics help veterinarians and pet owners make informed decisions about arthritis management. The availability of home-based rehabilitation programs, including guided physiotherapy sessions via mobile applications, is another emerging trend, making arthritis care more accessible and personalized.
What Are the Key Growth Drivers Fueling Market Expansion?
The growth in the Companion Animal Arthritis market is driven by several factors, including the rising number of aging pets, increased pet humanization, and expanding awareness of arthritis treatment options. The rising trend of premium pet care has led to higher spending on veterinary services, pharmaceuticals, and alternative therapies. Additionally, the growing presence of specialized veterinary clinics and rehabilitation centers is contributing to the accessibility and adoption of advanced arthritis treatments. Technological innovations, particularly in biologics and regenerative medicine, are further propelling market expansion. Companies investing in research and development to create safer and more effective treatment options are seeing strong market penetration. The increasing acceptance of pet insurance, which often covers arthritis treatment costs, is making veterinary care more affordable for pet owners, encouraging higher spending on advanced therapies. Moreover, evolving consumer behavior-marked by an increasing preference for holistic, natural, and preventative healthcare solutions-is reshaping the arthritis treatment landscape. Manufacturers are responding by introducing innovative dietary supplements, functional foods, and novel drug formulations tailored to meet these demands. As awareness continues to grow and treatment options become more sophisticated, the Companion Animal Arthritis market is poised for sustained growth in the coming years.
SCOPE OF STUDY:
The report analyzes the Companion Animal Arthritis market in terms of units by the following Segments, and Geographic Regions/Countries:
Segments:
Animal Type (Dogs, Cats, Other Animal Types); Indication (Osteoarthritis Indication, Other Indications); Treatment Type (Medications Treatment, Supplements Treatment, Other Treatment Types); Distribution Channel (Veterinary Hospitals and Clinics Distribution Channel, Online Stores Distribution Channel, Retail Pharmacies Distribution Channel, Other Distribution Channels)
Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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