Press release
Wildlife Health Market: Booming at a CAGR of 10.4%, Reaching $4.08 Billion by 2029 Driven by Advanced Technologies and Government Initiatives
Thriving on habitat conservation efforts and the rise in zoonotic diseases, the global wildlife health market will witness significant progression in the years to come.What Is The Projected Market Size Of The Global Wildlife Health Market And Its Growth Rate?
The global wildlife health market is growing rapidly due to habitat destruction, advanced technologies in veterinary care, and government initiatives to prevent zoonotic diseases.
• Market size in 2024: $2.49 billion
• Market size in 2025: $2.75 billion (10.3% CAGR)
• Predicted market size in 2029: $4.08 billion (10.4% CAGR)
This considerable growth is largely due to the surging demand for animal health products, strategic moves by industry leaders, and the increasing demand for veterinary software.
What Is Driving The Growth In The Wildlife Health Market?
The increase in the incidence of zoonotic diseases is anticipated to catalyze the growth of the wildlife health market. Zoonotic diseases, illnesses that can transfer from animals to humans and vice versa, provide an urgent call for developing various health-related products for wildlife care. For instance, according to the European Food Safety Authority, campylobacteriosis and salmonellosis were the two most reported zoonoses in humans in 2022, with 137,107 and 65,208 cases respectively. The stable incidence rates per 100,000 inhabitants remained consistent with 2021 levels, pushing the market towards innovation and growth in health care solutions for wildlife.
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Who Are the Key Players Driving Wildlife Health Market Growth?
Notable companies contributing to the wildlife health market growth include:
• Bayer AG
• Novartis AG
• Merck & Co Inc.
• Boehringer Ingelheim International GmbH
• Elanco Animal Health Incorporated
• IDEXX Laboratories Inc.
• Génia USA Inc.
What Are The Key Trends In The Wildlife Health Market?
Key evolving trends shaping the market include:
• Global collaboration in disease surveillance
• Integration of data analytics and artificial intelligence
• Increasing wildlife conservation measures, programs, and funding activities
What Are The Segments Of The Global Wildlife Health Market?
The wildlife health market can be categorized by:
1) Animal Type: Mammals, Birds, Fish, Reptiles, Amphibians
2) Product: Medicine, Equipment And Consumables
3) Route Of Administration: Oral, Injectable, Other Routes Of Administration
4) End-User: Zoos, Wildlife Sanctuaries, Wildlife Rescue And Rehab Centers, Other End Users
Which Region Leads The Wildlife Health Market?
North America was the largest region in the wildlife health market in 2024. However, the market spotlight is expected to shift across other regions such as Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa in the upcoming years.
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What Is Covered In The Wildlife Health Market Global Market Report?
- Market Size Analysis: Analyze the Wildlife Health Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Wildlife Health Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Wildlife Health Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Wildlife Health Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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