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Veterinary Renal Disease Market Size - Global Industry, Share, Analysis, Trends and Forecast 2024 - 2032

Category : Healthcare and Pharmaceuticals | Published at : April-2024 | Delivery Format : PDF | Status: Published | Pages : 250

The Veterinary Renal Disease Market Size accounted for USD 14.9 Billion in 2022 and is estimated to achieve a market size of USD 25.8 Billion by 2032 growing at a CAGR of 5.7% from 2024 to 2032.

Veterinary Renal Disease Market Highlights

  • Global veterinary renal disease market revenue is poised to garner USD 25.8 billion by 2032 with a CAGR of 5.7% from 2024 to 2032
  • North America veterinary renal disease market value occupied around 40% market share in 2022
  • Asia-Pacific veterinary renal disease market growth will record a CAGR of more than 6.3% from 2024 to 2032
  • Among type, the treatment sub-segment generated 64% market share in 2022
  • Based on animal type, the feline sub-segment occupied 46% market share in 2022
  • Increasing prevalence of renal diseases among companion animals is a popular veterinary renal disease market trend that fuels the demand

Veterinary Renal Disease Market Dynamics

Veterinary renal disease refers to a range of conditions affecting the kidneys in animals, commonly manifested by impaired kidney function and potential damage to kidney tissues. This can result from various factors including infections, toxins, congenital defects, or aging. The kidneys play a crucial role in filtering waste products from the blood, maintaining electrolyte balance, and regulating fluid levels in the body. When renal disease occurs, it can lead to symptoms such as increased thirst, changes in urination patterns, lethargy, vomiting, and weight loss. Diagnosis typically involves blood tests, urinalysis, and imaging studies. Management may include dietary changes, medication to support kidney function, and fluid therapy. Early detection and intervention are vital to help manage symptoms, slow disease progression, and improve the quality of life for affected animals.

Global Veterinary Renal Disease Market Dynamics

Market Drivers

  • Advances in veterinary medicine
  • Increasing awareness among pet owners and veterinarians
  • Rising prevalence of renal disorders in companion animals

Market Restraints

  • Off-label drug use in veterinary medicine
  • Limited treatment options
  • High treatment costs

Market Opportunities

  • Advancements in therapeutic options for veterinary renal disease
  • Growing demand for renal disease management solutions in veterinary care
  • Rising awareness and diagnosis rates

Veterinary Renal Disease Market Report Coverage

Market Veterinary Renal Disease Market
Veterinary Renal Disease Market Size 2022 USD 14.9 Billion
Veterinary Renal Disease Market Forecast 2032

USD 25.8 Billion

Veterinary Renal Disease Market CAGR During 2024 - 2032 5.7%
Veterinary Renal Disease Market Analysis Period 2020 - 2032
Veterinary Renal Disease Market Base Year
2022
Veterinary Renal Disease Market Forecast Data 2024 - 2032
Segments Covered By Type, By Animal Type, By Route Of Administration, By Indication, By Distribution Channel, And By Geography
Regional Scope North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled Mission Pharmacal Company, Mars Inc., Nestle Purina PetCare, Hill’s Pet Nutrition, General Mills, Zoetis Inc., Elanco, Phibro Animal Health Corporation, Ceva Sante Animale, Boehringer Ingelheim Animal Health, Hill’s Pet Nutrition, Dechra Pharmaceuticals, VetPharma, Vedco Inc, Merck & Co., and J.M.Smucker.
Report Coverage
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Covid-19 Analysis, Regulation Analysis

Veterinary Renal Disease Market Insights

The demand for veterinary renal disease management is rising due to increased awareness among both pet owners and veterinarians. Pet owners are becoming more knowledgeable about the importance of early detection and treatment of renal issues in their beloved animals, leading to a higher demand for veterinary services and products geared towards renal health. Similarly, veterinarians are increasingly recognizing the prevalence and impact of renal diseases in pets, prompting them to recommend appropriate diagnostics and treatment options. This growing awareness is driving the demand for specialized renal care products, including medications, therapeutic diets, and renal support supplements, thereby fueling the growth of the veterinary renal disease market. Furthermore, advances in veterinary medicine and the rising prevalence of renal disorders in companion animals further boost the demand in the forecast year.

Off-label drug use in veterinary medicine, while sometimes necessary for treating certain conditions, can impede the growth of the veterinary renal disease market. This is because off-label use may result in ineffective or inappropriate treatments for renal diseases in animals, leading to poor outcomes and potentially exacerbating the condition. Additionally, the lack of specifically approved drugs for treating renal diseases in animals limits the options available to veterinarians, hindering their ability to effectively manage these conditions. Furthermore, limited treatment options and high cost further hamper market growth.

The growing demand for renal disease management solutions in veterinary care presents a significant opportunity for the veterinary renal disease market. As pets live longer and owners increasingly prioritize their well-being, the prevalence of renal diseases in companion animals is rising. This trend is driving the need for advanced diagnostic tools, therapeutic options, and specialized care tailored to address renal conditions in pets. Veterinary clinics and hospitals are seeking innovative solutions to effectively diagnose, treat, and manage renal diseases, creating fertile ground for market growth. Companies involved in veterinary medicine are focusing on developing novel treatments, dietary supplements, and diagnostic technologies. Additionally, advancements in therapeutic options for veterinary renal disease and rising awareness and diagnosis rates further create an opportunity for market expansion.

Veterinary Renal Disease Market Segmentation

The worldwide market for veterinary renal disease is split based on type, animal type, route of administration, indication, distribution channel, geography.

Veterinary Renal Disease Types

  • Diagnosis
  • Treatment

According to veterinary renal disease industry analysis, treatment segment occupied significant market share due to the crucial role it plays in managing renal conditions in animals. This segment encompasses a range of therapies, including medication, dietary management, fluid therapy, and potentially surgical interventions. With advancements in veterinary medicine, there's a growing array of treatment options available to address renal issues in pets, aiming to slow disease progression, and improve quality of life. For instance, In Australia, Merck Animal Health gained approval for BRAVECTO QUANTUM (fluralaner) in May 2023, establishing it as the sole injectable parasiticide offering dogs up to a complete year of protection against fleas and ticks This dominance underscores the significance of effective treatment strategies in addressing the complex needs of animals with renal diseases.

Veterinary Renal Disease Animal Types

  • Bovine
  • Canine
  • Feline
  • Equine
  • Others

According to the veterinary renal disease market analysis, feline animal type dominated the market in 2022. In the veterinary renal disease market, feline animals, particularly cats, dominate due to their predisposition to kidney-related ailments. For instance, chronic kidney disease affects 2%-20% of all cats and 30% of cats over the age of 10, as stated by the American Veterinary Medical Association. Renal disease is a common health concern among cats, with issues such as chronic kidney disease (CKD) being prevalent. Factors contributing to this dominance include the unique anatomy and physiology of feline kidneys, and the high prevalence of conditions like urinary tract infections and blockages.

Veterinary Renal Disease based on Route of Administration

  • Injectable
  • Oral

According to the veterinary renal disease market forecast, oral route of administration is expected to dominate the industry throughout 2023 to 2032. This is primarily due to its convenience for both pet owners and veterinarians. Medications such as kidney-supportive supplements, phosphate binders, and drugs for hypertension or proteinuria are typically administered orally. This route offers ease of administration at home, flexibility in dosing adjustments, and reduced stress for the animal compared to other methods like injections or infusions. Overall, oral administration stands as the preferred choice for effectively managing renal conditions in veterinary medicine.

Veterinary Renal Disease based on Indication

  • Renal Failure
  • Chronic Kidney Disease (CKD)
  • Renal Cystitis
  • Kidney Stones
  • Nephritis
  • Others

According to the veterinary renal disease market forecast, renal cystitis, an inflammation of the bladder typically caused by bacterial infection, poses a significant concern in veterinary renal disease management. It can lead to discomfort, urinary tract obstruction, and potential renal damage in affected animals. In the forecast year, heightened attention to renal cystitis indicates a growing emphasis on preventative measures, early detection, and targeted treatment strategies within the kingdom of veterinary renal disease.

Veterinary Renal Disease based on Distribution Channel

  • Veterinary Hospitals & Clinics
  • Pet Specialty Stores
  • E-Commerce
  • Others

As per the veterinary renal disease market, the distribution channel for veterinary renal disease is expected to witness a notable rise, primarily through veterinary hospitals and clinics. These specialized facilities serve as crucial points of access for pet owners seeking diagnosis, treatment, and ongoing care for their animals renal conditions. With advancements in veterinary medicine and an increasing awareness among pet owners about the importance of addressing renal health in animals, veterinary hospitals and clinics are likely to experience heightened demand for renal disease management products and services.

Veterinary Renal Disease Market Regional Outlook

North America

  • U.S.
  • Canada

Europe

  • U.K.
  • Germany
  • France
  • Spain
  • Rest of Europe

Asia-Pacific

  • India
  • Japan
  • China
  • Australia
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

The Middle East & Africa

  • South Africa
  • GCC Countries
  • Rest of the Middle East & Africa (ME&A)

Veterinary Renal Disease Market Drivers

Veterinary Renal Disease Market Regional Analysis

In terms of veterinary renal disease market regional analysis, North America stands as a dominant force in the veterinary renal disease market due to several key factors. Firstly, the region boasts a robust veterinary healthcare infrastructure, including advanced diagnostic facilities and a skilled workforce. Additionally, pet ownership rates are notably high in North America, leading to increased demand for veterinary services and products, including treatments for renal diseases in pets. For instance, in 2023-24, the American Pet Products Association reported that there were 65.1 million households in the United States owning a pet. Furthermore, the presence of leading pharmaceutical and biotechnology companies specializing in animal health contributes to the development and availability of innovative therapies for renal conditions in pets. For instance, in January 2024, Zoetis Inc., headquartered in the U.S., revealed the expansion of its Vets can Imagyst multi-application diagnostics platform to incorporate AI Urine Sediment analysis. In essence, these factors position North America as a frontrunner in the veterinary renal disease market, driving significant growth and advancements in the field.

Additionally, Asia-Pacific is fastest growing region in the veterinary renal disease market, driven by factors such as increasing pet ownership, rising awareness about pet health, and advancements in veterinary healthcare infrastructure. Moreover, the growing prevalence of renal diseases in companion animals, particularly in aging pets, is further fueling market expansion.

Veterinary Renal Disease Market Players

Some of the top veterinary renal disease companies offered in our report include Mission Pharmacal Company, Mars Inc., Nestle Purina PetCare, Hill’s Pet Nutrition, General Mills, Zoetis Inc., Elanco, Phibro Animal Health Corporation, Ceva Sante Animale, Boehringer Ingelheim Animal Health, Hill’s Pet Nutrition, Dechra Pharmaceuticals, VetPharma, Vedco Inc, Merck & Co., and J.M.Smucker.

Frequently Asked Questions

The veterinary renal disease market size was valued at USD 14.9 Billion in 2022.

The CAGR of veterinary renal disease is 5.7% during the analysis period of 2024 to 2032.

The key players operating in the global market are Mission Pharmacal Company, Mars Inc., Nestle Purina PetCare, Hill’s Pet Nutrition, General Mills, Zoetis Inc., Elanco, Phibro Animal Health Corporation, Ceva Sante Animale, Boehringer Ingelheim Animal Health, Hill’s Pet Nutrition, Dechra Pharmaceuticals, VetPharma, Vedco Inc, Merck & Co., and J.M.Smucker.

North America held the dominating position in veterinary renal disease industry during the analysis period of 2024 to 2032.

Asia Pacific region exhibited fastest growing CAGR for market of veterinary renal disease during the analysis period of 2024 to 2032.

The current trends and dynamics in the veterinary renal disease market are advances in veterinary medicine, increasing awareness among pet owners and veterinarians, and rising prevalence of renal disorders in companion animals

Treatment type held the maximum share of the veterinary renal disease market.


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