Veterinary Palliative Care Management Market Insights, New Innovations, Research and Growth Factor till 2028

Evolution of Palliative Care Management Market

Pet ownership in the US has tripled since the 1970’s and pet ownership has seen a tremendous growth globally in the recent years. Technological advances, medical advances and the dynamics of animal-human bond are combining to make veterinary palliative care even more important today.

Due to an increase in veterinary hospice services across various regions globally, more and more pet families are looking forward for ways to decrease pain and increase the quality of life for their pets turning towards veterinary palliative care management. Many pets globally are now reaching their geriatric phase, and like their human counterparts, they do experience pain as part of the aging process. Many of the owners are open to veterinary palliative care options.

Veterinary Medicine in Veterinary Palliative Care Management

Veterinary Medicine is considered an excellent tool for pain management in animals. Pain management is considered the central element of veterinary palliative care. It is done through combination of various drug and non-drug therapies. The possible pharmaceutical treatment in Veterinary Palliative Care is quite similar to what is used in humans: local anesthetics, steroids, opioids and non-steroidal anti-inflammatory drugs. Non-drug therapies like acupuncture and hydrotherapy can also be very effective.

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Regional Outlook

Geographically, the global market for Veterinary Palliative Care Management in classified into the following regions:- North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. North America, Latin America, Western Europe and Eastern Europe are expected to take a considerable share in the global Veterinary Palliative Care market as Pet ownership and financial expenditure on pets is one of the highest in these regions. Some of the fastest growing markets regionally in Palliative care are Asia Pacific, China and Japan.

Small-Scale Manufacturers/Providers

• Zoetis
• Merial

Medium-Scale Manufacturers/Providers

• IDEXX Laboratories
• VEtoquinol

Large-Scale Manufacturers/Providers

• Pfizer
• Eli Lilly and Company
• Bayer AG

Key data points covered in the report

The report covers exhaustive analysis on:

• Veterinary Palliative Care Management Market by Host, Type, Distribution Channel and Region
• Regional level market analysis of North America, Latin America, Eastern Europe, Western Europe, Asia Pacific, China, Japan, Middle East & Africa by Host, Type and Distribution Channel segmentation
• Veterinary Palliative Care Management Market Dynamics & Opportunity Assessment
• Historical Actual Market Size, 2013 – 2017
• Veterinary Palliative Care Management Market Size & Forecast 2018-2028
• Veterinary Palliative Care Management Agents Current Trends/Issues/Challenges
• Competition & Companies involved

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Research Methodology

FMI utilizes a triangulation methodology that is primarily based on experimental techniques such as patient-level data, to obtain precise market estimations and insights on various Veterinary Palliative Care Management techniques. Bottom-up approach is always used to obtain insightful data for the specific country/regions. The country specific data is again analysed to derive data at a global level. This methodology ensures high quality and accuracy of information.

Opinions of key leaders, physicians, surgeons, nursing managers, clinical specialists who provide valuable insights on trends and clinical application of the drugs, key treatment patterns, adoption rate, and compliance rate are taken into consideration.

Quantitative and qualitative assessment of basic factors driving demand, economic factors/cycles and growth rates and strategies utilized by key players in the market is analysed in detail while forecasting, in order to project Year-on-Year growth rates. These Y-o-Y growth projections are checked and aligned as per industry/product lifecycle and further utilized to develop market numbers at a holistic level.

On the other hand, we also analyse various companies annual reports, investor presentations, SEC filings, 10k reports and press release operating in this market segment to fetch substantial information about the market size, trends, opportunity, drivers, restraints and to analyse key players and their market shares. Key companies are segmented at Tier level based on their revenues, product portfolio and presence.

Please note that these are the partial steps that are being followed while developing the market size. Besides this, forecasting will be done based on our internal proprietary model which also uses different macro-economic factors such as per capita healthcare expenditure, disposable income, industry based demand driving factors impacting the market and its forecast trends apart from disease related factors.

The Global Veterinary Palliative Care Management Market is segmented by: