U.S. Animal Healthcare Market: Industry Insights by Product, Animal Type, Growth Factors and Popular Trends Forecast to 2023

The U.S. animal healthcare market will be observing a consistent growth in the coming years due to increasing pet adoption, consumption of meat and milk, and zoonotic and food borne diseases. Out of the three product types in the U.S animal healthcare market, pharmaceuticals held the largest share. The high consumption of animal products in the U.S. has led to increased investment in animals’ feed and health.

Request for a free sample of this research report: https://www.psmarketresearch.com/market-analysis/us-animal-healthcare-market/report-sample

In terms of animal population for both production and companion animals, the U.S. is one of the largest countries globally. The companion animal segment held the largest share in the U.S. animal healthcare market. The segment is also expected to grow at a faster rate in coming years.

According to the American Pet Products Association (APPA), forecast to 2018, 139.3 million freshwater fishes and 94.2 million cats will be owned by the U.S. nationals. The surgical vet cost for cats and dogs will account to be $245 and $474 respectively.

The U.S. animal healthcare market is expected to grow in coming years due to growth in research activities for certain new diseases. The growth of the U.S. animal healthcare market is also attributed to the growth in domestic consumption and export of milk and meat. Veterinary service is becoming one of the recognized professions in the U.S. and the number of veterinarians has been increasing in the country. According to the Employment Projection Programme of the U.S. Bureau of Labor Statistics, the number of employed veterinarians is expected to grow from 70,300 in 2012 to 78,700 by 2022.

Explore report at: https://www.psmarketresearch.com/market-analysis/us-animal-healthcare-market

Use of antibiotics for speeding up the growth of animals is another challenge in the U.S. animal healthcare market. According to the guidelines issued by the United States Department of Agriculture (USDA), the usage of antibiotics should be minimized in meat producing animals, as it causes antibiotic and antimicrobial resistance in the human population that consumes that meat.

Make enquiry before purchasing the report: https://www.psmarketresearch.com/send-enquiry?enquiry-url=us-animal-healthcare-market

Some of the key players of the U.S. animal healthcare market include Zoetis, Elanco, Merial, Dechra Pharmaceuticals, Bayer Animal Heath, Virbac, Merck, Ceva Animal Health, Phirbo Animal Health, Boehringer Ingelheim GmbH and Vetoquinol.

About P&S Market Research

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

347, 5th Ave. #1402
New York City, NY - 10016
Toll-free: +1-888-778-7886 (USA/Canada)
Email: enquiry@psmarketresearch.com
Web: www.psmarketresearch.com

This release was published on openPR.