(PharmaNewsWire.Com, May 14, 2023 ) The total global market for the “Companion Animal Arthritis Market” was valued at USD 2.9 Bn in 2022 and is expected to grow at a CAGR of 7 percent over the forecast period to reach USD 5.5 Bn by 2029. The report analysed by Maximize Market Research, on the Companion Animal Arthritis Market, covers an extensive regional analysis and competitive landscape.
Companion Animal Arthritis Market Report Scope and Research Methodology
The Companion Animal Arthritis Market report provides a qualitative and quantitative analysis of market size, price, demand, mergers and acquisitions, supply chain, investment and expansion plans by key competitors, and predictions. The data for the report is collected by using both primary and secondary collection techniques for the analysis of the Companion Animal Arthritis industry. The Bottom-up approach was used to estimate the market size and swot is used to analyze the industry’s strengths and weaknesses.
The market growth is driven by the increasing prevalence of obesity among companion animals such as horses, dogs, etc, and the demand for pet healthcare insurance. Pet insurance is the latest trend, which gaining popularity and is expected to help to drive the market growth.
North America held the largest global Companion Animal Arthritis Market share in 2022. Huge adoption of pet animals and demand for companion animal arthritis treatments is influencing the market growth. As a result, the high prevalence of obesity in dogs and cats due to its overweight is a main influencing factor for the market.
Veterinary Orthopedic Implant Market- The Market size is expected to reach USD 485.84 Mn by 2029 at a CAGR of 7.6 percent during the forecast period.
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