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The global companion animal health market is expected to reach USD 20.9 billion by 2025, according to a new report. Increasing prevalence of zoonotic diseases is among high impact rendering drivers of this market.

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global companion animal health market analysis

Global Companion Animal Health Market Analysis, Share, Growth,

Industry Trends, Overview And Segment Forecast To 2025

“Growing investments by key market players to develop advanced solutions

for pet care is one of the key contributors to the growth of the Companion

Animal Health Market.”

The global Companion Animal Health Market is expected to reach USD 20.9 billion by 2025, according to a

new report. Increasing prevalence of zoonotic diseases is among high impact rendering drivers of this market.

Various efforts are being undertaken at the country& regional levels by animal welfare organizations that

works closely with various partners, including national ministries of health, World Organization for Animal

Health (OIE), World Bank, Food and Agriculture Organization (FAO), and United Nations System Influenza

Coordination (UNSIC).The National Center for Emerging and Zoonotic Infectious Diseases (NCEZID) is engaged

in preventing, tracking, detecting, and responding to outbreaks of infectious diseases across the U.S. and other

countries.

Growing investments by key market players to develop advanced solutions for pet care is one of the key

contributors to the growth of the companion animal health market. For instance, regulatory departments in

Brazil, South Africa, and India are helping various R&D centers by listing specific requirements of their

countries. This has urged market players to initiate product development as per requirements of different

countries. Key companies are actively focusing on innovation and development in pet care. For instance,

Zoetis developed Cytopoint, the first monoclonal antibody for veterinary use for the treatment of atopic

dermatitis in dogs.

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further key findings from the report suggest dogs

Further key findings from the report suggest:

• Dogs accounted for the largest share of the animal type segment owing to health benefits associated with

the adoption of pets, increase in awareness, and demand for efficient care for dogs

• The cats segment is anticipated to witness exponential growth owing to significant rise in the ownership for

cats and greater cost-efficiency in comparison with the adoption of dogs

• Pharmaceuticals captured a substantial share of the product segment in 2016. Continuous advancements in

drug formulations is responsible for boosting their uptake

• Diagnostics are expected to grow at an exponential rate owing to increasing zoonotic infections, which is

likely to boost the need for the establishment of diagnostic laboratories and point-of-care testing

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• Hospital pharmacies accounted for the substantial share of the distribution channels segment in 2016. High

procedural volume, resulting from frequent readmission of pets for treatment, has supported the growth of

this segment'

• Veterinary hospitals & clinics accounted for the largest share owing to availability of a wide range of

treatment as well as diagnostic options

Table of Contents

Chapter 1 Research Methodology & Scope

Chapter 2 Executive Summary

Chapter 3 Companion Animal Health Market Variables, Trends & Scope

Chapter 4 Companion Animal Health Market: Animal Type Estimates & Trend Analysis

Chapter 5 Companion Animal Health Market: Product Estimates & Trend Analysis

Chapter 6 Global Companion Animal Health Market: Distribution Channel Estimates & Trend Analysis

Chapter 7 Companion Animal Health Market: End-use Estimates & Trend Analysis

Chapter 8 Companion Animal HealthMarket: Regional Estimates & Trend Analysis, byAnimal Type,

Product, Distribution Channel, EndUse

Chapter 9 Competitive Landscape

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browse more pharmaceutical related market

Browse More Pharmaceutical Related Market Research Reports:

• Human Growth Hormone (hGH) Market Analysis And Segment Forecasts, 2014-2025 -

http://www.hexareports.com/report/human-growth-hormone-hgh-market

• Veterinary/Animal Vaccines Market Analysis And Segment Forecasts, 2014-2025 -

http://www.hexareports.com/report/veterinary-animal-vaccines-market

• Angina Pectoris Drugs Market Analysis And Segment Forecasts, 2014-2025 -

http://www.hexareports.com/report/angina-pectoris-market

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