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What's driving the Pet Cancer Therapeutics Market trends? prominent players |Zoetis, Merial, Aratana Therapeutics, AB Science, Vetivax, Oasmia Pharmaceutical, VetDC, Regeneus, CanFel Therapeutics, Karyopharms Verdinexor.
Pet Cancer Therapeutics Market
U.S. pet cancer therapeutics market is the biggest cash cow for pharmaceutical companies. Early adopting nature of the country will attract companies to introduce their offerings first in the U.S.; augmenting the market growth.
Pet Cancer Therapeutics Market to exceed USD 320 million by 2024.Increase in pet health care expenditure by owners coupled with rising pet adoption rate are primary factors that will drive pet cancer therapeutics market growth.
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Top Key Players:
• Zoetis
• Merial
• Aratana Therapeutics
• AB Science
• Vetivax
• Oasmia Pharmaceutical
• VetDC
• Regeneus
• CanFel Therapeutics
• Karyopharms Verdinexor.
•
Chemotherapy is the conventional medication for pet cancers in recent times. Though, immunological vaccines are gaining traction into the market and gaining market share. With strong pipeline for chemotherapy drugs, the market will experience a significant boost in coming 5 years.
Pet owners are often keen to devote additional money to indulge their pets and essential care for their health treating pets as their own families. Not surprisingly, these pet owners describe their pets as family members.
Pet owner's concerns about their pets' cancer is a major reason behind innovation of new medicines to treat the same. With more medicines to be introduced in the market, it is most likely to experience high growth during forecast timeframe.
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Dogs are prone to develop cancer as compared with cats, and thus will have more treatment options in near future. However, with introduction of specialized cat cancer medications, the market will grow with healthy CAGR.
Some of the leading industry players include: VetDC, Regeneus, Merial, AB Science, Vetivax, CanFel Therapeutics, Zoetis, Oasmia Pharmaceutical, Aratana Therapeutics, Karyopharms Verdinexor. Geographical expansion by collaboration and partnership with domestic companies, mergers and acquisitions, and new product development are some of the approaches adopted by industry participants to increase their market share.
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Pet Cancer Therapeutics Market By Cancer Type
• Lymphoma
• Mast cell cancer
• Melanoma
• Mammary and Squamous cell cancer
Read More:
At 10% CAGR Pet Cancer Therapeutics Market to touch $300mn by 2024
http://news.marketsizeforecasters.com/pet-cancer-therapeutics-market-industry
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