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Report Description
Global Veterinary Medicine Market Outlook 2022-2027:
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According to the latest report by IMARC Group, titled “Veterinary Medicine Market: Global Industry, Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global veterinary medicine market reached a value of US$ 31.06 Billion in 2021. Veterinary medicine is a branch of science that deals with maintaining health and preventing, alleviating, and curing diseases that affect domestic and wild animals. It includes various drugs, medicated feed additives and vaccines that are used to build immunity in animals against various infectious diseases Such as equine influenza (EIV) and parainfluenza 3-respiratory syncytial. Veterinary medicines aid in maintaining health, inhibiting the transmission of zoonotic diseases from animal species to humans, and providing advanced medical, dental, and surgical care. Request for a PDF sample of this report https://www.imarcgroup.com/veterinary-medicine-market/requestsample:
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The increasing prevalence of infectious diseases among pets and wild animals across the globe represents one of the key factors creating a positive outlook for the market. Veterinary medicine is widely used to treat and manage various zoonotic diseases, such as echinococcosis, leptospirosis, toxoplasmosis, cysticercosis, Nipah, rabies, plague, trypanosomiasis, and kyasanur forest disease (KFD). Furthermore, the rising consumption of meat and dairy products and the expanding animal husbandry activities have facilitated the demand for veterinary medicines to meet the concerns of food safety,. Apart from this, the introduction of cloud-based wearable devices that assist in monitoring animal health and keep track of body temperature, heart rate, respiration rate, and pH levels are providing an impetus to the market growth. Moreover, the easy availability of advanced regenerative medicines, diagnostic imaging, laser diagnostics, novel therapies, and specialized surgeries across numerous vet hospitals and clinics is positively influencing the market growth.
Global Veterinary Medicine Market Drivers/Constraints:
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Report Description Report Description and Highlights Key Market Segmentation The research report includes the following segments: Breakup by Product: • Drugs • Anti-infective • Anti-inflammatory • Parasiticide • Vaccines • Inactivated Vaccines • Attenuated Vaccines • Recombinant Vaccines • Medicated Feed Additives • Amino Acids • Antibiotics
Report Description Report Description and Highlights Breakup by Animal Type: • Production • Companion Breakup by Route of Administration: • Oral • Parenteral • Topical Breakup by Distribution Channel: • Veterinary Hospitals and Clinics • Point-of-Care Testing/In-house Testing
Report Description Report Description and Highlights Breakup by Region: • North America • Asia Pacific • Europe • Latin America • Middle East and Africa Looking forward, IMARC Group expects the market to reach a value of US$ 48.58 Billion by 2027, exhibiting a CAGR of 7.50% during 2022-2027.
Report Description Report Description and Highlights Competitive Landscape: • Archer-Daniels-Midland Company • Boehringer Ingelheim GmbH • Cargill Incorporated • Ceva Santé Animale • Dechra Pharmaceuticals PLC • Elanco Animal Health Incorporated • Evonik Industries AG • Merck & Co. Inc • Neogen Corporation • Vetoquinol S.A • Virbac • Zoetis Inc Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click here: https://www.imarcgroup.com/veterinary-medicine-market/requestsample
Report Description Key Questions Answered in the Report 1. What has been the historical growth rate of the global Veterinary Medicine Market? 2. What has been the impact of COVID-19 on the global Veterinary Medicine Market? 3. What are the key factors driving the global Veterinary Medicine Market? 4. What is the breakup of the global Veterinary Medicine Market based on the type? 5. What is the breakup of the global Veterinary Medicine Market based on the application? 6. What is the breakup of the global Veterinary Medicine Market based on the distribution channel? 7. What are the key regions in the global Veterinary Medicine Market? 8. Who are the key players/companies in the global Veterinary Medicine Market?
Report Description Table of Contents 1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends
Report Description Table of Contents 5 Global Veterinary Medicine Market Industry 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Breakup by Product 5.5 Market Breakup by Animal Type 5.6 Market Breakup by Route of Administration 5.7 Market Breakup by Distribution Channel 5.8 Market Breakup by Region Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/veterinary-medicine-market/toc
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