Press release
Veterinary CRO Market Share Size, Statistics, Demand, Revenue, Top Companies and Forecast 2027 By Charles River Laboratories, Clinvet, Triveritas, VetPharm, Oncovet Clinical Research
Veterinary CRO Market by Service Type, Animal Type, and Indication: Global Opportunity Analysis and Industry Forecast, 2018–2026," The global veterinary CRO market size was valued at $714.00 million in 2018, and is expected to reach $1,331.40 billion by 2026, registering a CAGR of 8.1% from 2019 to 2026.Rise in ownership of companion animals and surge in animal health expenditure are the major factors that boost the growth of global veterinary CRO market. In addition, increase in prevalence of various diseases among companion animals significantly drives the growth of the market. However, lack of standardization in veterinary CROs acts as a major restraint of the market. On the contrary, surge in awareness related to animal healthcare across the globe is expected to offer remunerative opportunities for market expansion during the forecast period.
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Veterinary CRO Market Competitive Analysis:
Leading market players Charles River Laboratories, Inc., Clinvet, KLIFOVET AG, Löhlein & Wolf Vet Research, Oncovet Clinical Research, ONDAX Scientific, Triveritas, Veterinary Research Management (VRM) Ltd, VetPharm, Inc., and VETSPIN SRL. others provided in this report. These players have adopted various strategies including expansions, mergers & acquisitions, joint ventures, new product launches, and collaborations to gain a strong position in the industry.
Covid-19 Impact on the Global Veterinary CRO Market:
Veterinary CRO Market Report provides an overview of the market based on key parameters such as market size, sales, sales analysis and key drivers. The market size of the market is expected to grow on a large scale during the forecast period (2019-2026). This report covers the impact of the latest COVID-19 on the market. The coronavirus epidemic (COVID-19) has affected all aspects of life around the world. This has changed some of the market situation. The main purpose of the research report is to provide users with a broad view of the market. Initial and future assessments of rapidly.
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Veterinary CRO Market Segmentation:
The research offers a detailed segmentation of the global Veterinary CRO market. Key segments analyzed in the research,
By Service Type
• Clinical Trials
• Toxicology
• Market Authorization & Regulatory Support
• Others
By Animal Type
• Dogs
• Cats
• Others
By Indication
• Oncology
• Infectious Disease
• Neurology
• Others
and geography. Extensive analysis of sales, revenue, growth rate, and market share of each for the historic period and the forecast period is offered with the help of tables.
Veterinary CRO Market Regional Analysis:
The market is analyzed based on regions and competitive landscape in each region is mentioned. Regions discussed in the study include North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). These insights help to devise strategies and create new opportunities to achieve exceptional results.
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