Animal Sedative Market to Grow with a CAGR of 4.65% through 2030
Rising demand for veterinary care and advancements in
veterinary medicine are expected to drive the Global Animal Sedative Market
growth in the forecast period, 2026-2030.
According to TechSci Research report, “Animal
Sedative Market – Global Industry Size, Share, Trends, Competition
Forecast & Opportunities, 2030”, the Global Animal Sedative Market
stood at USD
132.04 Million in 2024 and is expected to reach USD 173.86 Million by 2030 with
a CAGR of 4.65% during the forecast period. This can be attributed to growing
veterinary tourism. Some countries have become popular destinations for
veterinary tourism, attracting pet owners from around the world seeking
high-quality and cost-effective veterinary care. As this trend continues to
grow, it has a ripple effect on the global animal sedative market, as these
facilities require a steady supply of sedatives for their international
clientele. Pain management for animals is gaining
prominence. Sedatives are not only used to calm animals but also to provide
pain relief during procedures. Sedatives that effectively manage pain while
maintaining safety are increasingly sought after.
The animal sedative market experienced significant
disruption during the initial wave of the COVID-19 pandemic as governments
worldwide implemented containment measures such as lockdowns and social
distancing, leading to a substantial reduction in veterinary hospital and
pharmacy operations. For instance, a December 2022 study by Faunalytics
revealed that to prevent disease transmission, approximately 70% of clinics in
the United States and Canada temporarily closed to the public, resulting in
animals attending appointments without their owners. These clinics also faced
critical shortages, with 82% experiencing deficits in pet food, medications, or
personal protective equipment, and 56% running out of at least one of these
essential items. Vaccines were particularly scarce. However, as pandemic
restrictions eased, the animal sedative market is poised for growth in the
coming years, driven by an increase in animal surgeries and the introduction of
new veterinary sedative products.
Furthermore, factors contributing to the expansion of
the animal sedatives market include the rising incidence of zoonotic diseases
associated with surgical procedures, a growing pet population, and increased
investment in veterinary product development. For example, according to the
2021-2022 National Pet Owners Survey by the American Pet Products Association
(APPA), approximately 70% of U.S. households, equivalent to about 90.5 million
families, own a pet, reflecting an increased focus on pet health and a
likelihood of increased pet healthcare expenditure.
Research studies and developments aimed at comparing
the efficacy of various veterinary sedative products are expected to fuel
market growth. For instance, a December 2022 article in Frontiers reported that
a single dose of romifidine or a combination of romifidine and lidocaine
administered epidurally induced mild to moderate drowsiness and complete pain
relief in the perineal and inguinal regions of donkeys. This technique offers
convenience for providing analgesia as it is simple, cost-effective, and does
not require specialized equipment. Such advancements in veterinary sedative
utilization are projected to drive market growth in the forecast period.
Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Global Animal Sedative Market.”
The Global Animal Sedative Market is segmented into
type, route of administration, regional distribution, and company.
The parenteral route is poised to be the fastest-growing segment in the Global Animal Sedative Market. While parenteral sedatives, delivered through injections or intravenous methods, have traditionally dominated the market due to their immediate and precise effects, their importance is increasing as they offer rapid and reliable sedation for emergency or critical situations. As veterinary practices continue to prioritize effective and swift sedation, particularly in high-stress environments or for complex procedures, the parenteral segment is experiencing rapid growth. This growth is further fueled by advancements in injectable sedative formulations, improving both safety and efficacy. Therefore, the parenteral segment is set to expand significantly as the market demands quick and efficient sedation solutions.
Based on region, Europe
stands as the second dominant region in the global animal sedative market.
Europe has a long-standing history of advancing veterinary practices, which has
contributed to a high demand for animal sedatives in the region. The market in
Europe is characterized by a well-established veterinary infrastructure, strong
regulations, and a large number of veterinary professionals who require
effective sedatives to manage a wide range of animals, from companion pets to
livestock and exotic animals.
One
of the key factors driving the dominance of Europe in the animal sedative
market is the region’s robust livestock and farming industry. The agricultural
sector in countries like Germany, France, the United Kingdom, and the
Netherlands plays a crucial role in Europe’s veterinary market. Sedatives are
essential for routine medical procedures such as vaccinations, examinations,
and surgeries in livestock, particularly cattle, pigs, and poultry.
Additionally, Europe’s demand for animal sedatives extends to the equine
sector, where sedatives are regularly used for diagnostic imaging, minor
surgeries, and handling large numbers of horses for events like races,
veterinary exams, and breeding.
Major companies operating in Global Animal
Sedative Market are:
- Zoetis Inc
- Boehringer Ingelheim International GmbH
- Merck
& Co., Inc.
- Elanco
Animal Health Inc
- Virbac
S.A.
- Dechra
Pharmaceuticals Limited
- Orion
Corporation
- Vetoquinol
SA
- Bimeda,
Inc.
- Chanelle
Pharma Group
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“The global animal sedative market is poised for
significant transformation in the coming years. The upcoming trends reflect the
changing landscape of animal care, driven by the evolving expectations of pet
owners, veterinarians, and regulators. As these trends continue to shape the
industry, stakeholders in the animal sedative market must remain agile and
responsive to meet the evolving needs of animals and their caregivers”, said
Mr. Karan Chechi, Research Director of TechSci Research, a research-based management
consulting firm.
“Animal Sedative Market -
Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Acepromazine,
Butorphanol, Detomidine, Romifidine, Xylazine), By Route of Administration
(Oral, Parenteral), By Region and Competition, 2020-2030F”, has evaluated the future growth potential of Global
Animal Sedative Market and provides statistics & information on market
size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in Global Animal
Sedative Market.
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