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Pet Cancer Therapeutics Market Set for Rapid Growth| Top Players: Zoetis Inc., Merial, Aratana Therapeutics Inc., AB Science
Pet Cancer Therapeutics Market
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North America pet cancer therapeutics market accounted for more than 80% of the overall revenue share in 2016, owing to the regional presence of several established players. Early product adoption and advances in product development to address different pet cancers will drive industry growth. UK pet cancer therapeutics market held largest regional share in 2016. Pet cancer vaccines were available in most of the European regions before chemotherapy drugs. Vaccines market is likely to witness strong growth owing to introduction of new vaccines over the forecast period.
Australia pet cancer therapeutics market held highest regional revenue share in 2016 owing to growing pet-keeping trend, availability of innovative pet care medicines and increasing disposable income of pet owners. India pet cancer therapeutics market is projected to witness over 12% CAGR over the forecast timeframe. Increasing awareness, availability of various pet caner medicine and increasing pet healthcare spending will drive the business growth.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
• Zoetis Inc.
• Merial
• Aratana Therapeutics Inc.
• AB Science
• Regeneus Ltd
• Oasmia Pharmaceutical AB
• VetDC, Inc.
• CanFel Therapeutics
Chemotherapy drugs held the highest pet cancer therapeutics market share in 2016. Launch of new drugs for treatment of various cancers is anticipated to augment pet cancer therapeutics market share over the forecast years. Pet cancer vaccines are comparatively newer and lesser practiced medicine than chemotherapy; therefore, holds a relatively small market share. With more number of vaccines in pipeline the pet cancer therapeutics market share should at healthy CAGR over the forecast years.
Dog cancer therapeutics market held largest revenue share in 2016, owing to its early inception and high number of marketed drugs and vaccines for dog cancer treatment. Over 80% of pet cancer pipeline drugs contains medication for dogs; therefore, dog cancer therapeutics market will grow with higher CAGR as compared to cats. Low number of medicines for treatment of cancer in cats have resulted into a very low market share. However, with specialized cat cancer medicine in pipeline, the market is likely to grow at a considerable CAGR over the forecast years.
Pet Cancer Therapeutics Market By Medicine Type
Chemotherapy drugs
Vaccines
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Pet Cancer Therapeutics Market By Species
Dogs
Cats
Pet Cancer Therapeutics Market By Cancer Type
Lymphoma
Mast cell cancer
Melanoma
Mammary and Squamous cell cancer
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