Global
Pet Diabetes Care Market: Introduction
Diabetic
dogs and cats can live long and healthy lives with proper management and
veterinary care. Diabetes mellitus is one of the common and prominent metabolic
diseases that have been diagnosed in canine and feline family. If any change is
noticed in a pet’s behavior or weight, it is advised to consult a veterinarian.
Dogs and cats with diabetes usually require lifelong treatment with special
diet, a good fitness regimen, and particularly in dogs, daily insulin
injections. The key to managing diabetic pets is to keep blood sugar near
normal levels and avoid too-high or too-low levels that can be life
threatening. Dogs and cats seem less prone to developing atherosclerosis
compared to humans, while diabetes is a relatively common endocrine disease in
both species.
Key
Drivers of Global Pet Diabetes Care Market
Rise
in Prevalence of Diabetes in Pet Animals
Diabetes if
left untreated in dogs can cause ketoacidosis, cataract, and kidney disease.
Diabetic cats are susceptible to chronic pancreatitis, ketoacidosis, and nerve
degeneration. Hence, early detection and treatment is quite important.
According to Vetsource, an estimated 1 in every 300 dogs and 1 in 230 cats will
develop diabetes during their lifetimes, and those statistics keep rising. The
2016 State of Pet Health Report indicated an upward trend in the prevalence of
the disease, rising nearly 80% in dogs and 18% in cats over a 10-year period.
Obesity is one of the leading causes of diabetes. However, some breeds are
predisposed to the disease, including cocker spaniels, Labrador, golden
retrievers, dachshunds, and beagles, as well as Siamese, Burmese, and Maine
Coon cats. Diabetes is more common in older pets; however, it can also occur in
younger or pregnant pets. The disease is more manageable if it is detected
early and managed with the help of a veterinarian. According to the American
Veterinary Medical Association, diabetes in dogs and cats can occur at any age.
However, diabetic dogs are usually 4 years to 14 years of age and most are
diagnosed at roughly 7 years to 10 years. Most diabetic cats are older than six
years of age. Diabetes occurs in female dogs twice as often as male dogs.
Certain breeds of dogs may be predisposed to diabetes.
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High
Growth in Pet Adoption
According
to Pethealth, Inc. (September 20, 2019), in North America, pet adoption rose
5.2% in August, up from a 3.2% rise in July, as both dog and cat rescues
increased. The increased level of control and care dog owners provide to their
dogs and the increasing perception of dogs as family members are indicators of
the changing human-dog relationship in the U.S. According to the
Multidisciplinary Digital Publishing Institute (MDPI), data collected by
PetPoint in the past eight years indicate that adoptions increased in the last
decade and could have become an additional driver affecting recent euthanasia
declines across the U.S. Adoptions became a factor driving additional decrease
in national shelter euthanasia starting around or just before 2010. According
to the National Center for Biotechnology Information, the U.S. National Library
of Medicine, the adoption numbers have stayed relatively stable over the last
three decades; however, the percentage of intake adopted rose from 20% in 1984
to about 35% in 1991, stayed relatively stable at 35% from 1991 to 2005, and
then started rising and had reached 52% by 2016. The factors mentioned above
led to strong growth of the global pet adoption driving the market.
North
America to Account for Major Share of Global Pet Diabetes Care Market
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Key
Players Operating in Global Pet Diabetes Care Market
The global
pet diabetes care market is highly consolidated owing to the presence of a
small number of key players.
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