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Veterinary Healthcare Market Research Report, Growth Factors, Industry Trends and Forecast 2022-2027
Veterinary Healthcare Market
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Veterinary healthcare refers to taking proper care of animals so as to prevent them from contracting numerous diseases. It comprises of several services and products, including antibiotics, growth promoters, vaccines, feed additives, antimicrobials, parasiticides, etc. Veterinary healthcare items are used to cater to the well-being of various food-producing and companion animals. They also help ensure a safe food supply chain by reducing the spread of zoonotic diseases. Consequently, pet and livestock owners across countries are spending extensively on veterinary healthcare products with the intention of keeping their animals productive and healthy.
Market Trends:
The inflating demand for protein-rich food items and the elevating incidences of food-borne diseases are among the key factors driving the veterinary healthcare market. Besides this, continuous technological advancements in veterinary healthcare, such as the development of vaccine banks and efficient information management systems, are further catalyzing the market growth. Moreover, the launch of numerous favorable initiatives by government bodies, including the introduction of animal vaccination programs to optimize the veterinary sector, is also positively influencing the global market. In addition to this, the escalating production of animal-based food items and their easy availability within affordable and inexpensive price ranges are acting as significant growth-inducing factors. Furthermore, the emergence of new zoonotic disease variants and the growing concerns among livestock owners towards the same are projected to stimulate the veterinary healthcare market in the coming years.
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/veterinary-healthcare-market
Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
• Animalcare Group plc
• Boehringer Ingelheim International GmbH
• Ceva Animal Health LLC
• Dechra Pharmaceuticals PLC
• Elanco Animal Health Incorporated
• Heska Corporation
• IDEXX Laboratories Inc.
• INDICAL Bioscience GmbH (Vimian Group)
• Merck & Co. Inc.
• Norbrook Laboratories Ltd
• Vetoquinol India Animal Health Pvt Ltd (Vétoquinol S.A.)
• Virbac
• Zoetis Inc. (Pfizer Inc.)
Veterinary Healthcare Market Segmentation:
Our report has categorized the market based on region, product, animal type and end user.
Breakup by Product:
• Therapeutics
o Vaccines
o Parasiticides
o Anti-Infectives
o Medical Feed Additives
o Others
• Diagnostics
o Immunodiagnostic Tests
o Molecular Diagnostics
o Diagnostic Imaging
o Clinical Chemistry
o Others
Breakup by Animal Type:
• Dogs and Cats
• Horses
• Ruminants
• Swine
• Poultry
• Others
Breakup by End User:
• Veterinary Hospitals
• Veterinary Clinics
• Veterinary Laboratory Testing Services
• Others
Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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