The global animal health market is expected to reach USD 58.4 billion by 2025.
The market is driven by technological advancements in veterinary care, which are anticipated to serve future growth opportunities to the market. For instance, MediLabSecure, a laboratory network project, was initiated with an aim of identifying emerging viruses and pathogens in 19 countries in the Mediterranean regions. In addition, emergence of veterinary health information systems, specifically in the developed economies, is expected to provide high growth potential in future.
With the help of these systems, data generated in veterinary clinics can be uploaded on the internet, which can be further shared with other researchers and clinicians. The incorporation of this technology will facilitate real-time analysis of fluctuations in disease prevalence. As a consequence of the aforementioned factors, it is presumed that there will be significant improvement in the overall penetration rate of animal health products, which is also anticipated to fuel the market demand as well as the revenue to unprecedented heights.
- Bayer AG
- Merck & Co. AG
- Boehringer Ingelheim GmbH
- Sanofi S.A.
- Zoetis, Inc.
- Nutreco N.V.
Key Topics Covered:
1 Research Methodology & Scope
2 Executive Summary
3 Animal Health Market Variables, Trends & Scope
4 Animal Health Market: Product Estimates & Trend Analysis
5 Animal Health Market: Animal Type Estimates & Trend Analysis
6 Animal Health Market: Regional Estimates & Trend Analysis, by Product, Animal Type
7 Competitive Landscape
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