Press release
Fostering Pet Wellness: Veterinary Auto-Immune Therapeutics Market on Track to Reach US$ 71.7 Billion by 2033 | FMI Insights
The global market for veterinary autoimmune therapeutics is poised to reach an estimated value of US$ 71,720.6 million by the year 2033, exhibiting substantial growth from its 2023 valuation of US$ 42,815.7 million. This impressive advancement is underpinned by a steady compound annual growth rate (CAGR) of 5.3% projected from 2023 to 2033.The surge in the adoption of veterinary autoimmune therapeutics is palpable, with a proliferation of innovative approaches to treating autoimmune diseases in animals. These approaches encompass a diverse range of treatment modalities, including pharmaceutical interventions, surgical procedures, and cutting-edge therapies such as stem cell treatments, reflecting a global evolution in veterinary healthcare.
The use of veterinary auto-immune medicines is growing as novel methods for treating animal auto-immune illnesses with various medications and other therapies, like as surgeries and stem cell treatments, are developed globally.
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>Impact of COVID-19 on the Healthcare Industry
The COVID-19 pandemic has caused severe impacts on the global economy at various levels which can be seen in the Healthcare industry as well. The thriving market of healthcare research and development is expected to exhibit a steep decline in sales during the lockdown period owing to the shutdown of the manufacturing units, acute shortage in the supply of raw materials, and absence of potential manpower. It can be deduced from the current situations brought about by the pandemic that the production, and supply chain activities have experienced minor hurdles. However, the market is projected to gradually recover post-COVID-19, which will present attractive opportunities for sales across various regions of the world in the following years.
The team of analysts at Future Business Insights is focussing on research and market study to produce different Animal Auto-immune Disease Therapeutics Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Animal Auto-immune Disease Therapeutics Market.
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>Key Players
Some of the key players in the global Animal Auto-immune Disease Therapeutics Market are Aratana Therapeutics Inc., Pfizer Inc., Vet-Stem, Inc., Ambrx Inc., Taconic Biosciences, Inc., JBS United, Virbac, Eli Lilly and Company, Jaguar Animal Health Inc. and many more.
>Segmentation
>Key Segments Profiled In The Veterinary Auto-Immune Therapeutics Market Survey
>By Therapy Type:
-Corticosteroids, Azathioprine
-Cyclosporine
-Mycophenolate
-Leflunomide
-Cyclophosphamide
-Levothyroxine
-Folic Acid
-Hydroxychloroquine
-Chloroquiney
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>By Disease Indication:
-Hypothyroidism
-Pemphigus Disease
-Canine Lupus
-Auto-Immune Hemolytic Anemia
-Bullous Pemphigoid
-Discoid Lupus Erythematosus (DLE)
-Immune-related arthritis
-Others
>By Animal Type:
-Companion Animal
-Dogs
-Cats
-Horse
-Live Stock Animal
Cattle
--Swine
Poultry
-Fish
-Sheep
>By Distribution Channel:
-Veterinary Hospitals
-Veterinary Clinics
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>By Region:
-North America
-Latin America
-The Asia Pacific
-Middle East and Africa
-Europe
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Future Market Insights Inc.
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Suite 401, Newark, Delaware - 19713, USA
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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