Press release
Veterinary Oncology Market Set to Grow with Increasing Prevalence of Cancer in Pets
A veterinary oncology is defined as a subspecialist in veterinary medicine, which deals with the diagnosis and treatment of cancer in animals. Cancer is one of the major causes of death in pet animals, mostly dogs and cats. Animals such as cats and dogs suffer from many different types of cancer such as skin tumor. Veterinary oncologist diagnosis cancer in animals, identifies the staging of tumors, and plans the treatment & administration of chemotherapy. Surgery, chemotherapy, immunotherapy, and radiation are the most common oncology treatments among animals.The global veterinary oncology market is poised for substantial growth in the coming years, driven by the increasing prevalence of cancer in pets. According to a recent report, an estimated 6 million dogs and 6 million cats are diagnosed with cancer each year worldwide, with cancer being the leading cause of death in dogs and the second leading cause of death in cats.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐ฉ๐๐๐ญ๐๐ ๐๐๐ซ๐ฌ๐ข๐จ๐ง 2023 - https://www.alliedmarketresearch.com/request-sample/7504
โข CAGR: 10.8%
โข Current Market Size: USD 0.297 Billion
โข Forecast Growing Region: APAC
โข Largest Market: North America
โข Projection Time: 2021- 2030
โข Base Year: 2021
The global veterinary oncology market was valued at $0.297 billion in 2020, and is estimated to reach $0.819 billion by 2030, growing at a CAGR of 10.8% from 2021 to 2030.
The increasing adoption of companion animals and rising pet healthcare expenditure are other factors driving the growth of the veterinary oncology market. Moreover, the development of innovative therapies such as immunotherapy, targeted therapy, and gene therapy is providing new treatment options for pets with cancer, further boosting market growth.
Geographically, North America is expected to dominate the veterinary oncology market, owing to the high adoption rate of pets and increasing expenditure on pet healthcare. The Asia Pacific region is also expected to witness significant growth in the coming years due to the rising prevalence of cancer in pets and increasing awareness of veterinary oncology services.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ (257 ๐๐๐ ๐๐ฌ ๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐๐ก๐๐ซ๐ญ๐ฌ, ๐๐๐๐ฅ๐๐ฌ, ๐๐ง๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ) @ https://www.alliedmarketresearch.com/veterinary-oncology-market/purchase-options
๐๐๐๐๐ข๐ง๐ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐ฏ๐๐ญ๐๐ซ๐ข๐ง๐๐ซ๐ฒ ๐จ๐ง๐๐จ๐ฅ๐จ๐ ๐ฒ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ง๐๐ฅ๐ฎ๐๐
โข Accuray Incorporated
โข Boehringer Ingelheim International GmbH
โข Elanco
โข Karyopharm Therapeutics, Inc.
โข Morphogenesis, Inc.
โข Nippon Zenyaku Kogyo Co.
โข PetCure Oncology
โข Regeneus Ltd.
โข Varian Medical System, Inc.
โข Zoetis.These .
These companies are investing heavily in research and development activities to develop new and innovative treatments for pets with cancer.
๐๐จ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ - https://www.alliedmarketresearch.com/purchase-enquiry/7504
๐๐๐ฒ ๐ ๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐๐ ๐๐ก๐ ๐๐ญ๐ฎ๐๐ฒ
By therapy, the chemotherapy segment was the highest contributor to the market in 2020.
On the basis of animal type, the canine segment dominated the market in 2020, and is expected to continue this trend during the forecast period.
Depending on cancer, the lymphoma segment was the highest contributor to the market in 2020.
Region wise, North America garnered the largest revenue share in 2020, however, Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐ - https://www.alliedmarketresearch.com/veterinary-oncology-market-A07139
๐๐ญ๐ก๐๐ซ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ -
๐๐๐ง๐๐ญ๐ข๐ ๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ - https://www.alliedmarketresearch.com/genetic-testing-market
๐๐ฆ๐ฆ๐ฎ๐ง๐จ-๐๐ง๐๐จ๐ฅ๐จ๐ ๐ฒ ๐๐ฌ๐ฌ๐๐ฒ๐ฌ ๐๐๐ซ๐ค๐๐ญ - https://www.alliedmarketresearch.com/immuno-oncology-assay-market-A06079
๐.๐. ๐๐ข๐ ๐ข๐ญ๐๐ฅ ๐๐ก๐๐ซ๐๐ฉ๐๐ฎ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ-https://www.alliedmarketresearch.com/us-digital-therapeutics-market-A06701
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Alied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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