Animal Health Set to Witness Significant Growth Over Next 10 Years
The growth of global animal health for companion and production animals is being driven by improving standards and advancements in technology. Over the past few years, major animal pharmaceutical companies have emphasized on the development of healthcare products for companion animals especially cats and dogs. The companion animal healthcare industry has witnessed technological advancements such as therapeutic vaccines, genomic tests, monoclonal antibody therapies, and anti-neoplastic drugs among others. The key player believes that over the forecast period there will be accelerated growth trend owing to rising number of pets, increased life span of pets, growing awareness regarding animal health products, and lower costs and timelines for introduction of animal drugs in the market.

Growing Animal Health Market Paving Way for Attractive Investment Opportunities
The global animal health sector is anticipated to offer an attractive market opportunity for the market players over the forecast period from 2021 to 2031. It is distinguished by lower regulatory barriers, shorter and less expensive R&D programs, lower generic competition and lower chances of third-party reimbursement compared to human medicine. The key player believes that the combination of attractive growth with a favorable business structure creates prospects for investment in the areas of therapy, diagnostics, & veterinary technology. Although companies have been investing in this sector for over a decade, the key player believes that the sustainable growth characteristics of the global animal health industry are projected to create attractive investment opportunities over the next decade.

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Our 410+ page report provides 500+ tables and charts/graphs. Read on to discover the most lucrative areas in the industry and the future market prospects. Our new study lets you assess forecasted sales at overall world market and regional level. See financial results, trends, opportunities, and revenue predictions. Much opportunity remains in this growing Animal Health Market. See how to exploit the opportunities.

Forecasts to 2031 and other analyses reveal the commercial prospects.

  • In addition to revenue forecasting to 2031, our new study provides you with recent results, growth rates, and market shares.
  • You find original analyses, with business outlooks and developments.
  • Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints, and challenges), PEST Analysis, Porter’s Five Forces, SWOT Analysis, product profiles and commercial developments.

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Discover sales predictions for the world market and sub-markets

Animal Type

Production Animal

  • Poultry
  • Swine
  • Cattle
  • Sheep & Goats
  • Fish

Companion Animal

  • Dogs
  • Cats
  • Horses
  • Others

Product

Vaccines

  • Live Attenuated Vaccines
  • DNA Vaccines
  • Recombinant Vaccines
  • Inactivated Vaccines
  • Others

Pharmaceuticals

  • Parasiticides
  • Anti-Inflammatory
  • Analgesics
  • Others

Feed Additives

  • Nutritional
  • Medicinal

Diagnostics

  • Immunodiagnostics: ELISA Tests, Allergen-specific Immunodiagnostic Tests, Immunoassay Analyzers, Others
  • Molecular Diagnostics: Polymer Chain Reaction (PCR) Tests, Microarrays, Others
  • Clinical Biochemistry
  • Hematology
  • Urinalysis
  • Others

Others

Distribution Channel

  • Retail
  • E-Commerce
  • Hospital Pharmacy

End-Use

  • Reference Laboratories
  • Point-of-care Testing/In-house Testing
  • Veterinary Hospitals & Clinics
  • Others

In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for 5 regional and 16 leading national markets:

By Region

North America

  • U.S.
  • Canada

Europe

  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • ASEAN
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East & Africa

  • GCC
  • South Africa
  • Rest of Middle East & Africa