Global Animal Treatment Market, By Animal Type (Dogs, Cats, Cattle, Pigs, Horses, Poultry), Treatment (No Medicalization, Basic Medicalization, Veterinary Care), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
In the forecast period from 2020 to 2027, Data Bridge Market Research analyses the market to account for USD 69.2 billion in the forecast period described above, rising at a CAGR of 6.70 percent by 2027. The move from traditional veterinary diagnostics to advanced therapy is helping to fuel business growth.
The increasing number of farm animals, growing rate of basic medicalization in emerging economies, rising number of initiatives by the government to increase animal welfare, adoption of improved regulatory framework, increasing awareness among the people regarding animal diagnostics services are some of the impactful as well as major factors which will likely to augment the growth of the animal treatment market in the forecast period of 2020-2027. On the other hand, increasing pet expenditure along with growth of the healthcare sector which will further generate abundant opportunities that will led to the growth of the animal treatment market in the above mentioned forecast period.
Increasing availability of counterfeit drugs along with lack of standardization which will likely to act as market restraints factor for the growth of the animal treatment in the above mentioned forecast period. High cost of treatment will become the biggest and foremost challenge for the growth of the market.
This animal treatment market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on animal treatment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Animal Treatment Market Scope and Market Size
Animal treatment market is segmented on the basis of animal type, and treatment. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on animal type, animal treatment market is segmented into dogs, cats, cattle, pigs, horses, and poultry.
- Animal treatment market has also been segmented based on the treatment into no medicalization, basic medicalization, and veterinary care.
Global Animal Treatment Market Country Level Analysis
Animal treatment market is analysed and market size insights and trends are provided by country, animal type, and treatment as referenced above.
The countries covered in the animal treatment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the animal treatment market due to the rising availability of veterinary products and services in the region, while Germany, France, and U.K. region will expect to grow at the highest growth rate in the Europe animal treatment market during the forecast period of 2020 to 2027 due to the growing number of animals along with availability of vaccination and treatment in the region.
The country section of the animal treatment market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Animal treatment market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for animal treatment market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the animal treatment market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Animal Treatment Market Share Analysis
Animal treatment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to animal treatment market.
The major players covered in the animal treatment market report are Zoetis; Merck KGaA; Boehringer Ingelheim International GmbH.; Elanco; Ceva; Phibro Animal Health Corporation; Abaxis; Virbac.; IDEXX Laboratories, Inc.; NEOGEN CORPORATION; Heska Corporation; Vetoquinol India Animal Health Pvt Ltd; Bayer AG; Nutreco N.V.; Sanofi; CSC Pharmaceuticals International.; Pfizer Inc.; Taj Pharmaceuticals Limited; Bavarian Nordic; Solvay; among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Animal Treatment Market
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