Press release
Comprehensive analysis on Pet Cancer Therapeutics Market | Key Players are: Zoetis, Merial, AB Science, Vetivax, VetDC, Regeneus, Aratana Therapeutics, Karyopharms Verdinexor
Pet Cancer Therapeutics Market Research Report is a professional and in-depth study on the current state of the global industry. The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Pet Cancer Therapeutics Market analysis is provided for the international market including development history, competitive landscape analysis, and major regions development statusPet Cancer Therapeutics Market will exceed USD 359.4 million by 2025; as per a new research report.
Growing willingness to spend on pet healthcare will boost pet cancer therapeutics market growth. As per American Society for the Prevention of Cruelty to Animals (ASPCA), American pet owner spend an average of USD 235 per year on dogs? health and USD 160 on cats health. As pet owners spend more on pet care, the demand for pet cancer therapeutics will grow in the future.
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Increasing number of pet owners and pet population will spur industry growth across the forecast timeframe. This is largely because of increasing need for companionship commonly seen in developed countries. Every year, nearly 2% of increase in pet ownership is seen, resulting to growing demand for pet cancer therapeutics.
Chemotherapy dominated the overall market and will reach USD 211.0 million by 2025. High growth is due to considerable number of products available for the control of tumor growth and is preferred in the form of intravenous administration and some are available in the form of oral administrations.
Dogs dominate the overall pet cancer therapeutics market due to increasing demand for adoption of dogs, willingness of pet owners to provide quality pet care and veterinary treatment, specialty foods and supplements. Furthermore, prevalence of cancer is more in dogs as compared to cats.
Lymphoma dominated the overall pet cancer drugs market and is expected to grow at 19.1% CAGR across the forecast timeframe. Considerable number of products available for the treatment of this cancer that attack pets such as dogs and cats. Lymphoma is the most common type of cancer found in dogs and cats, thereby leading to market growth.
UK pet cancer therapeutics market is estimated to reach USD 14.3 million by 2025. 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.
China pet cancer therapeutics market will expand at 12.6% CAGR across the forecast timeframe. Increasing population of dogs, increasing incidence of cancer in dogs, and increasing disposable income of dog owners is stimulating the further growth of pet cancer therapeutics market in China. As a result, the pet cancer treating drugs have been in great demand lately.
Few of the prominent market players involved in global pet cancer therapeutics market are Zoetis, Merial, Aratana Therapeutics, AB Science, Vetivax, VetDC, Regeneus and Karyopharms Verdinexor. The industry participants are engaged in acquisition and collaborations to enhance their market foothold and expand geographic reach.
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Research objectives:
To study and analyze the global Pet Cancer Therapeutics size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Pet Cancer Therapeutics by identifying its various subsegments.
Focuses on the key global Pet Cancer Therapeutics players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Pet Cancer Therapeutics with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Pet Cancer Therapeutics submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Report Content
Chapter 1. Methodology
1.1. Methodology
1.2. Market definition
1.3. Forecast parameters
1.4. Data sources
1.4.1. Secondary
1.4.1.1. Paid sources
1.4.1.2. Unpaid sources
1.4.2. Primary
Chapter 2. Executive Summary
2.1. Pet cancer therapeutics industry 360 degree synopsis, 2014 - 2025
2.1.1. Business trends
2.1.2. Medicine type trends
2.1.3. Species trends
2.1.4. Cancer type trends
2.1.5. Regional trends
Chapter 3. Pet Cancer Therapeutics Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2014 - 2025
3.3. Industry impact forces
3.3.1. Growth drivers
3.3.1.1. Increasing pet population in the U.S. and Europe
3.3.1.2. Rising prevalence of pet cancer in developed countries
3.3.1.3. Rising awareness of pet owners regarding pet diseases and growing willingness to spend on pet healthcare
3.3.1.4. Growing trend towards new product development
3.3.2. Industry pitfalls & challenges
3.3.2.1. Undesirable effects of pet cancer therapeutics
3.3.2.2. Dearth of veterinary oncologist
3.3.2.3. Low out of pocket expenditure on pet healthcare in developing countries
3.4. Growth potential analysis
3.4.1. By medicine type
3.4.2. By species
3.4.3. By cancer type
3.5. Regulatory landscape
3.5.1. U.S.
3.5.2. Europe
3.6. Technology landscape
3.6.1. U.S.
3.6.2. Europe
3.7. Pipeline analysis
3.8. Porter's analysis
3.9. Competitive landscape, 2017
3.9.1. Strategy dashboard
3.10. PESTEL analysis
Chapter 4. Pet Cancer Therapeutics Market, By Medicine Type
4.1. Key segment trends
4.2. Chemotherapy drugs
4.2.1. Market size, by region, 2014 - 2025 (USD Million)
4.3. Vaccines
4.3.1. Market size, by region, 2014 - 2025 (USD Million)
Chapter 5. Pet Cancer Therapeutics Market, By Species
5.1. Key segment trends
5.2. Dogs
5.2.1. Market size, by region, 2014 - 2025 (USD Million)
5.3. Cats
5.3.1. Market size, by region, 2014 - 2025 (USD Million)
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