Press release
Veterinary Oncology Market Set to Attain USD 297 Million Revenue by 2030, Projecting CAGR of 10.8% from 2021 to 2030; Report
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.• CAGR: 10.8%
• Current Market Size: USD 0.297 Billion
• Forecast Growing Region: APAC
• Largest Market: North America
• Projection Time: 2021- 2030
• Base Year: 2021
𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭- https://www.alliedmarketresearch.com/request-sample/7504
The global veterinary oncology market is driven by factors such as the increasing prevalence of cancer in animals, growing R&D activities for veterinary cancer therapy, rising veterinary healthcare expenditure, and advancements in pet insurance policies. However, the high cost of oncology therapies poses a challenge to market growth. Conversely, the surge in the number of veterinary clinical trial studies is expected to create new opportunities for market players in the future.
The report categorizes the global veterinary oncology market based on therapy, animal, cancer, and region.
In terms of therapy, the chemotherapy segment held the largest market share in 2020, representing over one-fourth of the market. Furthermore, this segment is projected to witness the highest compound annual growth rate (CAGR) of 11.5% during the forecast period. The report also includes analysis of segments such as surgery, radiology, and others.
Based on animal, the canine segment dominated the market in 2020, contributing to nearly three-fifths of the market. However, it is expected to exhibit the highest CAGR of 11.1% from 2021 to 2030. The report also includes analysis of the feline segment.
Geographically, the report provides an analysis of the global veterinary oncology market across regions including North America, Europe, Asia-Pacific, and LAMEA. North America accounted for the largest share of the market in 2020, representing more than two-fifths of the total market. However, Asia-Pacific is anticipated to witness the highest CAGR of 11.9% during the forecast period.
𝐒𝐩𝐞𝐚𝐤 𝐭𝐨 𝐎𝐮𝐫 𝐀𝐧𝐚𝐥𝐲𝐬𝐭- https://www.alliedmarketresearch.com/connect-to-analyst/A07139
𝐊𝐞𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐅𝐨𝐫 𝐒𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬
The study provides an in-depth analysis of the veterinary oncology market, and the current trends & future estimations to elucidate imminent investment pockets.
It presents a quantitative analysis of the market from 2021 to 2030 to enable stakeholders to capitalize on the prevailing veterinary oncology market opportunities.
Extensive analysis of the market based on procedures and services assists to understand the trends in the industry.
Key players and their strategies are thoroughly analyzed to understand the competitive outlook of the veterinary oncology market.
𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐎𝐟 𝐓𝐡𝐞 𝐒𝐭𝐮𝐝𝐲
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.
𝐊𝐧𝐨𝐰 𝐌𝐨𝐫𝐞-https://www.alliedmarketresearch.com/veterinary-oncology-market-A07139
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Allied 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 of providing business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domain.
We have professional corporate relations with various companies and this helps us dig out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high-quality of data and help clients in every way possible to achieve success. Each and every piece of data presented in the reports published by us is extracted through primary interviews with top officials from leading companies in domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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