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Wildlife Health Market Report 2023-2032: Market Size, Analysis, Trends And Growth Report | Bayer AG, Novartis AG, Merck & Co Inc., Boehringer Ingelheim International GmbH, CSL Limited
Wildlife Health Market
The Business Research Company's Wildlife Health Global Market Report 2023 identifies increase in the incidence of zoonotic diseases as the major driver for the Wildlife Health market's growth in the forecast period. A zoonotic disease is any illness or infection that can spread spontaneously from animals to humans or from humans to animals. Increasing zoonotic diseases would help advance and develop various health-related products for wildlife health.
The global wildlife health market is expected to grow from $2.02 billion in 2022 to $2.26 billion in 2023 at a compound annual growth rate (CAGR) of 11.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. 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 wildlife health market is expected to reach $3.35 billion in 2027 at a CAGR of 10.4%.
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Major competitors in the Wildlife Health market are Bayer AG, Novartis AG, Merck & Co Inc., Boehringer Ingelheim International GmbH, CSL Limited.
A key trend in the Wildlife Health market includes Advancements in technology. Major companies operating in the wildlife health market are adopting new technologies to sustain their position in the market. For instance, in August 2021, Merck Animal Health, a US-based manufacturer and developer of vaccines and pharmaceutical medicines for animal health, launched WHISPER ON ARRIVAL technology that transforms decision-making. It is uniquely designed technology with a specialized sound collection device and a predictive algorithm that predicts and analyzes the risk of animal sickness. It allows the farmers and veterinarians to determine the treatment of Bovine Respiratory Disease (BRD).
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The Wildlife Health market is segmented -
1. By Animal Type: Mammals, Birds, Fish, Reptiles, Amphibians
2. By Product: Medicine, Equipment And Consumables
3. By Route of Administration: Oral, Injectable, Other Routes Of Administration
4. By End-User: Zoos, Wildlife Sanctuaries, Wildlife Rescue And Rehab Centers, Other End Users
5. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Wildlife Health market.
The Business Research Company's "Global Wildlife Health 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 Wildlife Health Market Include:
1. Executive Summary
2. Wildlife Health Market Characteristics
3. Wildlife Health Market Trends And Strategies
4. Wildlife Health Market - Macro Economic Scenario
……
32. Global Wildlife Health Market Competitive Benchmarking
33. Global Wildlife Health Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Wildlife Health Market
35. Wildlife Health Market Future Outlook and Potential Analysis
36. Appendix
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