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Veterinary Healthcare Market Size, Share, Trends, Growth Outlook With Company Analysis And Forecast To 2032
Veterinary Healthcare Market
The Business Research Company's Veterinary Healthcare Global Market Report 2023 identifies the rise in the prevalence of zoonotic diseases is expected to drive the expansion of the veterinary healthcare market going forward. Zoonotic diseases encompass any illnesses or infections that have the potential to be transmitted between animals and humans or vice versa. Veterinary healthcare helps in preventing and managing zoonotic diseases by monitoring animal health and implementing measures to reduce transmission to humans
The veterinary healthcare market size has grown strongly in recent years. It will grow from $192.55 billion in 2023 to $206.49 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to the increase in pet ownership, zoonotic diseases, livestock industry growth, regulatory compliance. the veterinary healthcare market size is expected to see strong growth in the next few years. It will grow to $270.68 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%.
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Major companies operating in the veterinary healthcare market include Veterinary Healthcare, Zoetis Inc., Boehringer Ingelheim GmbH, Merck & Co Inc., IDEXX Laboratories Inc., Evonik Industries AG, Patterson Companies Inc., Ceva Animal Health LLC, Pets at Home Group PLC, National Veterinary Associates Inc., Phirbo Animal Health, MSD Animal Health UK Ltd., C.H. Boehringer Sohn AG & Co, Eli Lilly and Company, Vetoquinol India Animal Health Pvt Ltd., Virbac Group, Dechra Pharmaceuticals PLC, Heska Corp, Phillip Brothers Chemicals Inc., Neogen Corp, Kindred Biosciences Inc., Animalcare Group PLC, Biogenesis Bago Saude Animal Ltd., Nexvet Biopharma PLC, Norbrook Laboratories Ltd., Ouro Fino Saude Animal Participacoes SA, PetIQ Inc., Veterinary Centers of America. Clinical Veterinary Labs, Inc., Greencross Pty Ltd., Consumer Value Stores Group PLC, Independent Vetcare Ltd., AniCura AB, VetPartners UK Holdings Ltd., VetCor Professional Practices LLC .
Nanotechnology is increasingly gaining traction in the animal medicine market as a substitute for veterinary antibiotics to tackle antibiotic resistance. Nanotechnology is the study of controlling matter on an atomic and molecular scale. In the animal medicine industry is used to improve diagnosis, treatment, animal growth promotion, and production. Nanoparticles are mainly used as alternative antimicrobial agents to reduce the use of antibiotics and improve the detection of pathogenic bacteria.
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The Veterinary Healthcare market is segmented -
1) By Type: Veterinary Services, Veterinary Medical Equipment, Animal Medicine
2) By Animal Type: Dogs and Cats, Horses, Ruminants, Swine, Poultry, Other Animals
3) By Product: Instruments/Equipment, Disposables
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Veterinary Healthcare market.
The Business Research Company's "Global Veterinary Healthcare 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 Healthcare Market Include:
1. Executive Summary
2. Veterinary Healthcare Market Characteristics
3. Veterinary Healthcare Market Trends And Strategies
4. Veterinary Healthcare Market - Macro Economic Scenario
5. Global Veterinary Healthcare Market Size and Growth
........
32. Global Veterinary Healthcare Market Competitive Benchmarking
33. Global Veterinary Healthcare Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Veterinary Healthcare Market
35. Veterinary Healthcare Market Future Outlook and Potential Analysis
36. Appendix
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