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Veterinary Oncology Market Set to Grow with Increasing Prevalence of Cancer in Pets

04-19-2023 06:38 AM CET | Health & Medicine

Press release from: allied market research

Veterinary Oncology Market Set to Grow with Increasing

A veterinary oncology is defined as a subspecialist in veterinary medicine, which deals with the diagnosis and treatment of cancer in animals. Cancer is one of the major causes of death in pet animals, mostly dogs and cats. Animals such as cats and dogs suffer from many different types of cancer such as skin tumor. Veterinary oncologist diagnosis cancer in animals, identifies the staging of tumors, and plans the treatment & administration of chemotherapy. Surgery, chemotherapy, immunotherapy, and radiation are the most common oncology treatments among animals.

The global veterinary oncology market is poised for substantial growth in the coming years, driven by the increasing prevalence of cancer in pets. According to a recent report, an estimated 6 million dogs and 6 million cats are diagnosed with cancer each year worldwide, with cancer being the leading cause of death in dogs and the second leading cause of death in cats.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐”๐ฉ๐๐š๐ญ๐ž๐ ๐•๐ž๐ซ๐ฌ๐ข๐จ๐ง 2023 - https://www.alliedmarketresearch.com/request-sample/7504

โ€ข CAGR: 10.8%
โ€ข Current Market Size: USD 0.297 Billion
โ€ข Forecast Growing Region: APAC
โ€ข Largest Market: North America
โ€ข Projection Time: 2021- 2030
โ€ข Base Year: 2021

The global veterinary oncology market was valued at $0.297 billion in 2020, and is estimated to reach $0.819 billion by 2030, growing at a CAGR of 10.8% from 2021 to 2030.

The increasing adoption of companion animals and rising pet healthcare expenditure are other factors driving the growth of the veterinary oncology market. Moreover, the development of innovative therapies such as immunotherapy, targeted therapy, and gene therapy is providing new treatment options for pets with cancer, further boosting market growth.

Geographically, North America is expected to dominate the veterinary oncology market, owing to the high adoption rate of pets and increasing expenditure on pet healthcare. The Asia Pacific region is also expected to witness significant growth in the coming years due to the rising prevalence of cancer in pets and increasing awareness of veterinary oncology services.

๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ (257 ๐๐š๐ ๐ž๐ฌ ๐๐ƒ๐… ๐ฐ๐ข๐ญ๐ก ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐‚๐ก๐š๐ซ๐ญ๐ฌ, ๐“๐š๐›๐ฅ๐ž๐ฌ, ๐š๐ง๐ ๐…๐ข๐ ๐ฎ๐ซ๐ž๐ฌ) @ https://www.alliedmarketresearch.com/veterinary-oncology-market/purchase-options

๐‹๐ž๐š๐๐ข๐ง๐  ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐ฏ๐ž๐ญ๐ž๐ซ๐ข๐ง๐š๐ซ๐ฒ ๐จ๐ง๐œ๐จ๐ฅ๐จ๐ ๐ฒ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ž

โ€ข Accuray Incorporated
โ€ข Boehringer Ingelheim International GmbH
โ€ข Elanco
โ€ข Karyopharm Therapeutics, Inc.
โ€ข Morphogenesis, Inc.
โ€ข Nippon Zenyaku Kogyo Co.
โ€ข PetCure Oncology
โ€ข Regeneus Ltd.
โ€ข Varian Medical System, Inc.
โ€ข Zoetis.These .

These companies are investing heavily in research and development activities to develop new and innovative treatments for pets with cancer.

๐ƒ๐จ ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐  - https://www.alliedmarketresearch.com/purchase-enquiry/7504

๐Š๐ž๐ฒ ๐…๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐Ž๐Ÿ ๐“๐ก๐ž ๐’๐ญ๐ฎ๐๐ฒ

By therapy, the chemotherapy segment was the highest contributor to the market in 2020.
On the basis of animal type, the canine segment dominated the market in 2020, and is expected to continue this trend during the forecast period.
Depending on cancer, the lymphoma segment was the highest contributor to the market in 2020.
Region wise, North America garnered the largest revenue share in 2020, however, Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.

๐Š๐ง๐จ๐ฐ ๐Œ๐จ๐ซ๐ž - https://www.alliedmarketresearch.com/veterinary-oncology-market-A07139

๐Ž๐ญ๐ก๐ž๐ซ ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ -

๐†๐ž๐ง๐ž๐ญ๐ข๐œ ๐“๐ž๐ฌ๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ - https://www.alliedmarketresearch.com/genetic-testing-market

๐ˆ๐ฆ๐ฆ๐ฎ๐ง๐จ-๐Ž๐ง๐œ๐จ๐ฅ๐จ๐ ๐ฒ ๐€๐ฌ๐ฌ๐š๐ฒ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ - https://www.alliedmarketresearch.com/immuno-oncology-assay-market-A06079

๐”.๐’. ๐ƒ๐ข๐ ๐ข๐ญ๐š๐ฅ ๐“๐ก๐ž๐ซ๐š๐ฉ๐ž๐ฎ๐ญ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ-https://www.alliedmarketresearch.com/us-digital-therapeutics-market-A06701

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Alied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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