Press release
Veterinary Anti-infectives Market by drug type, disease type and species type. Key Players are Zoetis, Virbac, Sanofi, Boehringer Ingelheim, Bayer HealthCare, Merck Animal Health, Dechra Pharmaceuticals and NovaBay Pharmaceuticals
Anti-infective drugs are capable of fighting against infection caused by bacteria, fungi, virus, parasites and others. Anti-infectives are used to cure various infectious diseases. Anti-infectives works by preventing chances of contracting the infection by shielding the body’s immune system. Commonly occurred veterinary infectious diseases include zoonotic diseases and foodborne disorders.Increase in the global animal adoption rate, a rise in the prevalence of foodborne and zoonotic diseases, increase in the R&D activities for innovation of new products, and government initiations for the animal healthcare are anticipated to fuel the veterinary anti-infectives market. Moreover, increase in the preference for healthy meat and other dairy products, lack of awareness about veterinary vaccines, and growing animal healthcare expenditure expected to boost the market. However, stringent regulatory policies for veterinary medicines and lack of awareness about the anti-infective drugs in underdeveloped regions might hinder the market growth.
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The global veterinary anti-infectives market is divide into following categories-
1. Drug type
• Anti-viral drugs
• Anti-bacterial drugs
• Parasiticides
• Anti-fungal drugs
• Others
2. Disease type
• Dermatological infections
• Respiratory infections
• Gastrointestinal infections
• Ophthalmic infections
• Others
3. Species type
• Farm animals
o Cattle
o Aqua
o Swine
o Sheep
o Poultry
o Others
• Companion animals
o Canines
o Felines
o Horses
o Rabbits
o Others
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4. Route of administration
• Oral
• Parenteral
• Topical
• Others
5. End-users
• Veterinary hospitals
• veterinary pharmacies
• online pharmacies and others.
And lastly, on the basis of geographical regions, the global veterinary anti-infectives market have five major regions- Europe, Asia Pacific, Latin America, North America, and the Middle East and Africa. Increase in the pet animal adoption rate, a rise in animal welfare, and growing R&D activities for innovation of novel products are the factors anticipated to fuel the veterinary anti-infectives market in North America region.
Europe holds a significant share in the market owing to rise in prevalence of zoonotic and foodborne diseases, a rise in awareness the animal welfare, and animal healthcare expenditure are anticipated to fuel the market. However, the Asia Pacific region has a significant growth due to rise in the rearing of farm animals majorly in India and China, increase in the preference for healthy meat and other dairy products, and rise in the prevalence of infectious diseases are anticipated to fuel the veterinary anti-infectives market.
Some of the key players in veterinary anti-infectives market are Zoetis, Inc. (Pfizer) (U.S), Virbac AH Inc. (France), Sanofi S.A. (France), Boehringer Ingelheim Vetmedica, Inc. (Boehringer Ingelheim) (Germany), Merck Animal Health (Merck &co. Inc.) (U.S.), Dechra Pharmaceuticals (U.K.), and NovaBay Pharmaceuticals, Inc. (U.S.) to name a few. Some of market innovations include Dechra Pharmaceuticals acquiring Putney Inc. in 2016, for the expanding the veterinary products portfolio and development of pipeline products including veterinary anti-infectives.
Market players are actively focusing on the development of novel medicines and vaccines for the prevention or cure of various infectious diseases in animals. Acquisitions and mergers, collaborations, product innovations, and launchings are the strategies followed by the companies for garnering market revenue share in the global veterinary anti-infectives market.
Reasons to buy veterinary anti-infectives market Report:
• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
• Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
• A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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