Press release
Companion Animal Drugs Market by Product Type, Animal Type, Distribution Channel and Geography. Market Leaders are Bayer, Boehringer Ingelheim, Ceva, Eli Lilly, Hester biosciences, Merck, Vétoquinol, Virbac and Zoetis.
Market summary
The global companion animal drugs market is growing due to increasing pet ownership which is leading to pet related expenditures as companion animals which are part of several families across developed and developed countries. With increasing health expenditure on pets, their health and their caregivers is bolstering the market growth of global companion animal drugs market.
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Regional analysis
The U.S. dominates the North American companion animal drugs market holding the largest revenue share. Followed by Europe which holds a significant share over the forecasted period.
Notable market development
Merck animal Health (MSD animal Health) outside of USA and Canada received USFDA in 2016, approval for BRAVECTO (fluralaner topical solution), a topical treatment for treating ticks and fleas for dogs and cats
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Some of the key players in the global Companion Animal Drugs Market include
• Bayer AG (Germany)
• Boehringer Ingelheim GmbH (Germany)
• Ceva Santé Animale (France)
• Eli Lilly and Company (U.S)
• Hester biosciences (India)
• Merck & Co., Inc. (U.S)
• Vétoquinol S.A. (France)
• Virbac S.A. (France)
• Zoetis Inc. (U.S)
The global companion animal drugs market is divided into following categories-
By product type
• Antimicrobials
• Ectoparasiticides
• Endoparacitides
• Endectoparaciticides
• Anti-inflammatory Drugs
• Anti-Obesity Drugs
• Behavioral Products
• Biologic Drugs
By Animal Type
• Feline
• Canine
• Equine
By Route of Administration
• Oral
• Parenteral
• Topical
By Distribution Channel
• Veterinary Pharmacies
• Veterinary Hospitals
• Veterinary Clinics
• E-Commerce
By Geography
• North America
• Latin America
• Asia Pacific
• The Middle East and Africa
• Europe
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