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Veterinary Medicine Market 2018; Distinguish immense Accumulation with an Amazing CAGR of ~ 8.1% through 2023

03-15-2018 07:52 AM CET | Health & Medicine

Press release from: Market Research Future (MRFR)

Veterinary Medicine Market 2018; Distinguish immense

Veterinary medicine market is expecting a huge growth in the coming years due to increasing love for pet and increasing demand for poultry animals. The considerable decisions in research and development in the veterinary medicine is expected to boost the growth of market. Additionally, strict policies from government for wild animal’s welfare across the region also boost the growth of the market. There is increasing demand for animal products resulting in growth of market. Veterinary Medicine Market these are driving forces for growth of veterinary medicine market. Rise in prices of pet care and animal healthcare equipment are major restraint for growth of the market in this region. Increasing spread of various infections in humans from animals through consumption of animal products and not treating street animals properly are the major restraints for the growth of the market. The global veterinary medicine market is expected to grow at a CAGR of 8.1% during forecasted period 2017-2023.

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Anticipated Audience:

Veterinary medicine manufacturers
Original Equipment manufacturers
Pathologists and pathology laboratories
Distributors of IVD quality control products
Hospitals and clinics
Healthcare institutions
Research institutes
Market research and consulting firms
Veterinary medicine suppliers and distributors
The major key players

Zoetis, Inc. (Pfizer), Merck & Co., Inc. (Intervet), Eli Lilly and Company (Elanco/Novartis), Bayer Healthcare AG, Ceva Santé Animale, Virbac S.A, Vetoquinol SA, Boehringer Ingelheim GmbH, Nutreco N.V. and Sanofi S.A. (MERIAL Limited). Major animal feed additive manufacturers are Cargill Inc. (Provimi), ADM Alliance Nutrition, Koninklijke DSM N.V and Evonik Industries AG among others.

Americas accounts for a significant market share owing to high expenditure on the health care especially of the U.S. and Canada. The high concentration of the major veterinary hospitals in the developed countries of this region coupled with good reimbursement rates are adding fuel to the market growth. The consolidation of large healthcare players in the U.S. also cause the growth in the market due to increase in buying power of the healthcare players, which results in the economies of scale. Europe is the second largest market in the world due to growing healthcare industry and healthcare penetration. The European market growth is led by countries such as Germany and France. Germany is expected to be the fastest growing market over the assessment period due to its large pharmaceutical industry. Europe records for second largest market due to animal favored government policies and tax benefits for pet animals are major driving forces in European market.

Table of Content:

INTRODUCTION
RESEARCH METHODOLOGY   
MARKET DYNAMICS   
MARKET FACTOR ANALYSIS   
GLOBAL RENAL DIALYSIS MARKET, BY TYPES
GLOBAL RENAL DIALYSIS MARKET, BY PRODUCT
GLOBAL RENAL DIALYSIS MARKET, END USER
GLOBAL PAIN MANAGEMENT DEVICES MARKET, BY REGION
COMPETITIVE LANDSCAPE   
COMPANY PROFILE   

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