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Animal Healthcare Market 2020 By Regional Trend & Growth Forecast To 2025

Author : Ronak Bora | Published Date : 2020-09-08 

Animal Healthcare Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

Global animal healthcare market has emerged as one of the lucrative business verticals in recent years. The industry is estimated to observe heavy growth in the near future owing to increasing awareness among pet owners when it comes to animal health issues. In addition, several regulatory initiatives and mounting pet care support globally is poised to aid the market share through 2025. According to a GMI, research report, animal healthcare market is slated to exceed USD 172 billion over the forthcoming timeframe. 

Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/735

Speaking of the animal type segment, companion animals are likely to gain major traction and witness a revenue growth of approximately 60% in the coming years. Heavy companion animal medicine  availability for fruitful health outcomes of the animals would further proliferate the segment growth.

Companion animal segment is also expected to observe development owing to the increasing pet animal ownership trend as well as mounting focus of the global population on pet healthcare. 

Growth in the number of animal illnesses is a major cause driving the animal healthcare market in Europe and it is also estimated to observe a CAGR of more than 4% through the forecast timespan. In addition to growing prevalence of animal illness, mounting healthcare expenditure for companion animals, and heavy presence of prominent industry players would majorly drive the overall market trends in the region. 

Similarly, the U.S. animal healthcare industry is also likely to witness growth owing to certain private as well as government organizations operating for the development of the animal healthcare sector.

Citing an instance, the government of the United States recently launched Feed the Future program, a public initiative that provides training to private and public animal health workers. This new initiative also provided breeding programs, while further creating several new business opportunities for slaughterhouses that are privately held throughout the United States. 

Growing animal illness, technological advancements, increasing awareness among pet owners regarding animal health, and easier availability of drugs and medicines for animals indicate the emergence of new business avenues for the animal healthcare market.

The animal healthcare industry competitive landscape is inclusive of players such as Neogen, Dechra Pharmaceuticals, IDEXX Laboratories, Boehringer Ingelheim, Elanco, Zoetis, Merck & Co., Inc., B. Braun Vet Care, and Medtronic among others. 

Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/animal-healthcare-market

Partial Chapter of the Table of Content 

Chapter 3. Animal Healthcare Market Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2014 - 2025

3.3. Industry impact forces

3.3.1.  Growth drivers

3.3.1.1. Increasing pet adoption for companionship among the elderly population

3.3.1.2. Increasing government support for pet care across the globe

3.3.1.3. Growing demand for online veterinary pharmacies in the developed regions

3.3.2.  Industry pitfalls & challenges

3.3.2.1. High cost associated with animal healthcare drugs in low-middle income countries

3.4. Growth potential analysis

3.4.1.  By product

3.4.2.  By animal type

3.4.3.  By distribution channel

3.5. Porter's analysis

3.6. Competitive landscape, 2018

3.6.1.  Competitive matrix analysis, 2018

3.7. PESTEL analysis

Chapter 4. Animal Healthcare Market, By Product

4.1. Animal healthcare market share by product, 2018 & 2025

4.2. Pharmaceuticals

4.2.1.  Market size, by region, 2014 – 2025

4.2.2.  Drugs

4.2.2.1.  Market size, by region, 2014 – 2025

4.2.2.2.    Antiparasitic

4.2.2.2.1.    Market size, by region, 2014 – 2025

4.2.2.3.    Anti-inflammatory

4.2.2.3.1.    Market size, by region, 2014 – 2025

4.2.2.4.    Anti-infectives

4.2.2.4.1.    Market size, by region, 2014 – 2025

4.2.2.5.    Others

4.2.2.5.1.    Market size, by region, 2014 – 2025

4.2.3.  Vaccines

4.2.3.1.    Market size, by region, 2014 – 2025

4.2.3.2.    Modified live vaccines (MLV)

4.2.3.2.1.    Market size, by region, 2014 – 2025

4.2.3.3.    Killed inactivated vaccines

4.2.3.3.1.    Market size, by region, 2014 – 2025

4.2.3.4.    Others

4.2.3.4.1.    Market size, by region, 2014 – 2025

4.2.4.  Medicated feed additives

4.2.4.1.    Market size, by region, 2014 – 2025

4.2.4.2.    Antibiotics

4.2.4.2.1.    Market size, by region, 2014 – 2025

4.2.4.3.    Vitamins

4.2.4.3.1.    Market size, by region, 2014 – 2025

4.2.4.4.    Amino acids

4.2.4.4.1.    Market size, by region, 2014 – 2025

4.2.4.5.    Enzymes

4.2.4.5.1.    Market size, by region, 2014 – 2025

4.2.4.6.    Antioxidants

4.2.4.6.1.    Market size, by region, 2014 – 2025

4.2.4.7.    Prebiotics and probiotics

4.2.4.7.1.    Market size, by region, 2014 – 2025

4.2.4.8.    Minerals

4.2.4.8.1.    Market size, by region, 2014 – 2025

4.2.4.9.    Others

4.2.4.9.1.    Market size, by region, 2014 – 2025

4.3. Medical devices

4.3.1.  Market size, by region, 2014 – 2025

4.3.2.  Veterinary diagnostic equipment

4.3.2.1.  Market size, by region, 2014 – 2025

4.3.3.  Anesthesia equipment

4.3.3.1.  Market size, by region, 2014 – 2025

4.3.4.  Patient monitoring equipment

4.3.4.1.  Market size, by region, 2014 – 2025

4.3.5.  Veterinary surgical equipment

4.3.5.1.  Market size, by region, 2014 – 2025

4.3.6.  Veterinary consumables

4.3.6.1.  Market size, by region, 2014 – 2025

4.3.7.  Others

4.3.7.1.  Market size, by region, 2014 – 2025

4.4. Veterinary services

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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