Global Animal Sedative Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Animal Sedative Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Drug Class (Phenothiazines, Benzodiazepines, alpha-2 adrenergic Receptor Agonists, Butyrophenones, and Other Drug Classes), Application (Surgical, Diagnosis, and Clinical Research Studies), Route of Administration (Oral, and Parenteral), Animal Type (Small, and Large), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Animal Sedative Market was valued at USD 226.1 million in 2023 and is expected to reach USD 355.0 million by 2031 while growing at a CAGR of 5.8% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global animal sedative market growth. An animal sedative induces calmness, relaxation, or sleepiness in animals. It is commonly used in veterinary medicine for procedures, examinations, surgeries, and to manage stress in various situations.
Advancements in veterinary medicine, a growing range of medical procedures, ongoing developments in veterinary pharmacology, and the introduction of safer sedatives are expected to drive significant growth in the animal sedative market. However, stringent regulations, approval processes, and concerns about adverse effects and safety issues may pose obstacles to market expansion.
Furthermore, the global animal sedative industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Drug Class Analysis
The Global Animal Sedative Market is segmented among Phenothiazines, Benzodiazepines, alpha-2 adrenergic Receptor Agonists, Butyrophenones, and Other Drug Classes, based on Drug Class. In 2023, Phenothiazines accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Application Analysis
The Global Animal Sedative Market is segmented among Surgical, Diagnosis, and Clinical Research Studies, based on Application. In 2023, Surgical accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Animal Sedative Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Zoetis Inc., Boehringer Ingelheim International GmbH, Merck & Co. Inc., Elanco, Virbac Group, Dechra Pharmaceuticals PLC, Orion Corporation, Vetoquinol, and Ceva.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Animal Sedative Market Dynamics
Drivers
Restraints
Opportunity
4. Global Animal Sedative Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Animal Sedative Market Segmentation, By Drug Class
Global Animal Sedative Market Share Analysis, By Drug Class
Global Animal Sedative Market Growth Analysis, By Drug Class
Global Animal Sedative Market Trends, By Drug Class
o Phenothiazines
o Benzodiazepines
o alpha-2 adrenergic Receptor Agonists
o Butyrophenones
o Other Drug Classes
6. Clinical Research Studies Global Animal Sedative Market Segmentation, By Application
Global Animal Sedative Market Share Analysis, By Application
Global Animal Sedative Market Growth Analysis, By Application
Global Animal Sedative Market Trends, By Application
o Surgical
o Diagnosis
o Clinical Research Studies
7. Global Animal Sedative Market Segmentation, By Route of Administration
Global Animal Sedative Market Share Analysis, By Route of Administration
Global Animal Sedative Market Growth Analysis, By Route of Administration
Global Animal Sedative Market Trends, By Route of Administration
o Oral
o Parental
8. Global Animal Sedative Market Segmentation, By Animal Type
Global Animal Sedative Market Share Analysis, By Animal Type
Global Animal Sedative Market Growth Analysis, By Animal Type
Global Animal Sedative Market Trends, By Animal Type
o Small
o Large
9. Global Animal Sedative Market Segmentation, By Region
Global Animal Sedative Market Share Analysis, By Region
Global Animal Sedative Market Growth Analysis, By Region
Global Animal Sedative Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
10. Competitive Landscape
Zoetis Inc.*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Boehringer Ingelheim International GmbH
Merck & Co. Inc.
Elanco
Virbac Group
Dechra Pharmaceuticals PLC
Orion Corporation
Vetoquinol
Ceva
*Similar analysis will be provided for each company listed above.
