The Growing Companion Animal Arthritis Market: Trends, Challenges, and Opportunities
The global companion animal arthritis market, valued at $2.9 billion in 2021, is projected to reach $5.5 billion by 2031, growing at a compound annual growth rate (CAGR) of 7% from 2022 to 2031. With arthritis being a prevalent condition in pets such as dogs, cats, and horses, the demand for effective treatments continues to rise. Factors such as increasing pet ownership, advancements in veterinary care, and greater awareness of animal health are shaping the market's expansion.
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