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Veterinary Dermatology Drugs Market 2023 : Trends, Business Growth And Major Driving Factors | Elanco Animal Health Inc., Merk & Co., Inc., Zoetis Inc., Vetoquinol SA, Ceva Santé Animale, Virbac S.A
Veterinary Dermatology Drugs Market
The Business Research Company's Veterinary Dermatology Drugs Global Market Report 2023 identifies the increase number of pet owners is expected to propel the growth of the veterinary dermatology drugs market going forward. Pet owners are individuals who own or adopt a pet animal. Pet owners take care of their pets and their health, thus providing necessary health facilities to the pets, which increases the demand for veterinary drugs.
The global veterinary dermatology drugs market size is expected to grow from $6.92 billion in 2022 to $7.72 billion in 2023 at a compound annual growth rate (CAGR) of 13.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The veterinary dermatology drugs market size is expected to grow to $11.46 billion in 2027 at a CAGR of 10.4%.
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Major players in the veterinary dermatology drugs market are Elanco Animal Health Inc., Merk & Co., Inc., Zoetis Inc., Vetoquinol SA, Ceva Santé Animale, Virbac S.A., Bioibérica S.A.U., Bimeda Inc., Indian Immunologicals Ltd., Vivaldis Health and Fodds Pvt. Ltd., IDEXX Laboratories Inc., Eli Lilly and Company, SavaVet, Toray Industries Inc., and AB Science.
A key trend in the Veterinary Dermatology Drugs market includes product innovation is a key trend in the veterinary dermatology drugs market. Major companies operating in the veterinary dermatology drugs market are introducing new products, such as Stelfonta injectables, to sustain their position in the market.
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The Veterinary Dermatology Drugs market is segmented -
1) By Product Type: Antifungal Drugs, Antibacterial Drugs, and Antiparasitic Drugs
2) By Animal Type: Companion Animal, Livestock Animal
3) By Drug Indication: Parasitic Infections, Allergic Infections, and Other Indications
4) By Route of Administration: Topical, Injectable, Oral
5) By Distribution Channel: Retail, Hospital Pharmacies, Online
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Veterinary Dermatology Drugs market.
The Business Research Company's "Global Veterinary Dermatology Drugs Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Veterinary Dermatology Drugs Market Include:
1. Executive Summary
2. Veterinary Dermatology Drugs Market Characteristics
3. Veterinary Dermatology Drugs Market Trends And Strategies
4. Veterinary Dermatology Drugs Market - Macro Economic Scenario
5. Veterinary Dermatology Drugs Market Size And Growth
……
27. Veterinary Dermatology Drugs Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Veterinary Dermatology Drugs Market
29. Veterinary Dermatology Drugs Market Future Outlook and Potential Analysis
30. Appendix
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