Global Veterinary Healthcare Market Outlook (2017-2026) - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 4, 2018--The “Veterinary Healthcare - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.According to this report, the Global Veterinary Healthcare market accounted for $27.42 billion in 2017 and is expected to reach $60.54 billion by 2026 growing at a CAGR of 9.2% during the forecast period.Some of the key factors driving the market growth are the increasing zoonotic diseases, growing awareness about animal health, technological advancements in animal healthcare diagnostics and government initiatives from global veterinary medical association.On the other side factors such as restrictions imposed by regulatory bodies against the excessive use of antibiotics in animal’s production and protest of activists against the animal research are hampering the market growth.
Therapeutics segment is anticipated to grow during the forecast period. Where, amino acids, vitamins and minerals are important diet for animals to grow properly. The nutritional values of animal feeds are influenced not only by their nutrient content, but also by many other factors like hygiene, digestibility etc.
North America holds the largest market share during the forecast period. Where, the residents of North America are looking for meat with drug free and disease with more pet holders ready to pay for veterinary care, the demand for supplement and other treatment choices for companion animals are increasing and Strict regulations & testing techniques in North America have driven the innovation in animal healthcare.
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Veterinary Healthcare Market, By Product
6 Global Veterinary Healthcare Market, By Animal Type
7 Global Veterinary Healthcare Market, By Geography
8 Key Developments
9 Company ProfilingNovartis International AGCargill Inc.Bayer AG Boehringer Ingelheim GmbHSanofi-AventisKoninklijke DSM N.VAbaxis, Inc.Eli Lilly and CompanyNutreco N.V.Zoetis Animal HealthcareMerck Ltd.Elanco Animal HealthBioniche Animal Health Canada, Inc.SeQuent Scientific Ltd.Ceva Sant AnimaleVirbac Animal HealthcareVtoquinol S.A.Merial IDVetMSD Animal Health
For more information about this report visit https://www.researchandmarkets.com/research/fwx6kf/global_veterinary?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181204005450/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics:Animal Healthcare/Veterinary
INDUSTRY KEYWORD: HEALTH VETERINARY
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 12/04/2018 04:36 AM/DISC: 12/04/2018 04:36 AM