The global veterinary
healthcare market, estimated at USD 25 billion in 2015, is set to reach USD
39.7 billion by 2021, with a CAGR of 8.06% over the forecast period of 2016 to
2021. The animal health market is a growing industry comprising companion
animals and farm animals. Companion animals are those that people tame or adopt
for companionship or as house/office guards and farm animals are the ones
raised for meat, milk etc. Companion animals include dogs, cats, and horses.
Farm animals are cattle, poultry, swine, etc.
Leading companies in
the market are actively producing and manufacturing animal healthcare products,
pharmaceuticals, and others. This market research report provides in-depth
market intelligence on the animal healthcare industry.
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Global Veterinary
Healthcare Market- Market Dynamics
The importance of livestock animals is generating growth in the animal healthcare market. The population boom and the stable economy is expected to result in increased demand for protein-rich foods, especially in developing regions. Animal health companies are well positioned to address this growing emerging market demand for higher-protein diets.
The importance of livestock animals is generating growth in the animal healthcare market. The population boom and the stable economy is expected to result in increased demand for protein-rich foods, especially in developing regions. Animal health companies are well positioned to address this growing emerging market demand for higher-protein diets.
The new types of
diseases in animals and their subsequent transfer to humans via animal food
product consumption and companionship are escalating the veterinary healthcare
industry globally. The strategic decisions in research and development of
manufacturers are expected to positively impact global veterinary healthcare
market.
Drivers
Some of the key factors driving the market towards growth are:
Increased love for pets leading to increased ownership
Increasing awareness of zoonotic diseases
Fewer requirements for animal health drugs
Some of the key factors driving the market towards growth are:
Increased love for pets leading to increased ownership
Increasing awareness of zoonotic diseases
Fewer requirements for animal health drugs
Continuous
innovations
Government initiatives worldwide on animal healthcare such as compulsory immunization policy for animals in China
Technological advances in development of animal health drugs
However, increased competition for cultivated land and scarcity of arable land are the major restraints of the market growth.
Government initiatives worldwide on animal healthcare such as compulsory immunization policy for animals in China
Technological advances in development of animal health drugs
However, increased competition for cultivated land and scarcity of arable land are the major restraints of the market growth.
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The market has been
segmented based on products, pharmaceuticals, diagnostics, type of animals and
geography.
Based on products, the market has been segmented into pharmaceuticals/ biopharmaceuticals and diagnostics.
Based on pharmaceuticals/ biopharmaceuticals, the market has been segmented into vaccines, parasiticides, anti-infectives, medicinal feed additives and other pharmaceuticals.
Based on diagnostics, the market has been segmented into immunodiagnostics, molecular diagnostics, diagnostic imaging, clinical chemistry and others.
Based on products, the market has been segmented into pharmaceuticals/ biopharmaceuticals and diagnostics.
Based on pharmaceuticals/ biopharmaceuticals, the market has been segmented into vaccines, parasiticides, anti-infectives, medicinal feed additives and other pharmaceuticals.
Based on diagnostics, the market has been segmented into immunodiagnostics, molecular diagnostics, diagnostic imaging, clinical chemistry and others.
Based on animal
types, the market has been segmented into companion animals and farm animals.
The companion animal includes dogs, cats, and horses. The farm animal market
includes cattle, swine, sheep and poultry.
Geographically, the market is segmented into North America, Europe, Asia-Pacific, Latin America and ROW (Rest of world). North America has been further segmented into USA, Canada, and Mexico. The European market has been segmented into Germany, UK, France, Spain, Italy, Scandinavia, BENELUX and rest of Europe. The Asia-Pacific market has been segmented into Japan, China, India, South Korea, Australia, New Zealand and rest of Asia-Pacific.
Some of the key
players in the market are:
Bayer Animal Health
Ceva Animal Healthcare
Elanco Animal Health
Merck Ltd.
Merial (Animal Health division of Sanofi)
Zoetis Animal Healthcare
Bayer Animal Health
Ceva Animal Healthcare
Elanco Animal Health
Merck Ltd.
Merial (Animal Health division of Sanofi)
Zoetis Animal Healthcare
Key Deliverables
in the Study
Market analysis for the veterinary healthcare market, with region-specific assessments and competition analysis on the global and regional scale.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
Market analysis for the veterinary healthcare market, with region-specific assessments and competition analysis on the global and regional scale.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
Extensively
researched competitive landscape section with profiles of major companies along
with their market share.
Identification and analysis of the macro and micro factors that affect the market on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
Identification and analysis of the macro and micro factors that affect the market on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging
knowledge and insights about the major players in this industry and the key
strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions where this industry is blooming and to also identify the regions that are still untapped.
Insights on the major countries/regions where this industry is blooming and to also identify the regions that are still untapped.
Browse Complete Report @ http://www.orbisresearch.com/reports/index/global-veterinary-healthcare-market-growth-trends-and-forecast-2017-2022 .
Some points from TOC:
1. Introduction
1.1 Market Definition
1.2 Study Assumption
1.3 Report Description
1.1 Market Definition
1.2 Study Assumption
1.3 Report Description
2. Research Methodology
2.1 Introduction
2.2 Analysis Methodology
2.3 Study timeline
2.4 Study phases
2.4.1 Secondary Research
2.4.2 Discussion Guide
2.4.3 Market Engineering &Econometric Modeling
2.4.4 Expert Validation
2.1 Introduction
2.2 Analysis Methodology
2.3 Study timeline
2.4 Study phases
2.4.1 Secondary Research
2.4.2 Discussion Guide
2.4.3 Market Engineering &Econometric Modeling
2.4.4 Expert Validation
3. Executive Summary
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