The aquatic veterinary treatment market size is expected to grow from US$ 1.2 billion in 2022 to US$ 1.6 billion by 2030; it is projected to register a CAGR of 3.9% during 2022-2030.
Aquatic veterinary treatment involves complete healthcare for aquatic animals, including whales, sharks, alligators, mollusks, and penguins. Companies providing products for the treatment of diseases include Merck Animal Health, which offers safe and efficient products for the prevention and treatment of diseases among aquatic animals. AQUAFLOR is a family of broad-spectrum, in-feed antibiotics for treating bacterial diseases caused by bacteria susceptible to florfenicol in fish. In addition, AQUAVAC IPN Oral is an oral vaccine for preventing Infectious pancreatic necrosis virus disease in salmon fry. The aquatic veterinary treatment market growth is attributed to the growing aquaculture industry, increasing prevalence of infectious diseases among aquatic animals, and surging demand for aquatic animal species for consumption. However, strict regulatory policies for the approval of vaccines hinder the aquatic veterinary treatment market growth.
In recent years, aquaculture has accomplished a major economic revolution. Advancements in science have paved new possibilities in basic and applied research areas for developing and designing novel and effective treatments and improving existing vaccines for various infectious diseases. Recent developments in products and vaccinology are being made to discover new vaccine candidates to combat aquatic pathogens, including mycotic and parasitic agents, for which vaccines are still lacking. In addition to their potentially harmful effects on human health, these diseases significantly hamper aquatic animals and aquaculture businesses. Traditional vaccines have limitations and drawbacks, which bolsters the demand for developing novel advanced products such as chimeric multiepitope vaccines.
In 2021, the Central Institute of Brackishwater Aquaculture (ICAR) launched a recombinant vaccine against viral nervous necrosis (VNN) in India. VNN affects numerous marines, brackishwater, and freshwater fishes, causing up to 100% mortality in larval and early juvenile stages. Thus, the development of novel vaccines is expected to create significant opportunities for the growth of the aquatic veterinary treatment market in the coming years.
Disease Source-Based Insights
The aquatic veterinary treatment market is categorized into bacterial, viral, parasites, and others based on disease source. The bacterial segment held a significant aquatic veterinary treatment market share in 2022. The segment is expected to register a higher CAGR in the market during 2022-2030. Bacteria are ubiquitous in aquatic environments, and they play crucial roles in the ecology and health of aquatic animals. They can be harmless or beneficial to aquatic animals, while some species can cause diseases and infections, affecting the yield and financial performance of the aquaculture and fisheries sector. Bacterial disease epidemics are frequent in the dense populations of cultured or aquarium fishes. Most bacterial pathogens that affect fish are gram-negative and aerobic rod-shaped bacteria (bacilli).
Route of Administration-Based Insights
Based on route of administration, the aquatic veterinary treatment market is segmented into water medication, medicated feed, and others. The water medication segment held a significant aquatic veterinary treatment market share in 2022. It is expected to register the highest CAGR during 2022-2030. Medicating aquatic animals through the water they inhabit is the most common and traditional administration method. The absorption rate in their bodies may vary from drug to drug. For the water medication method, the volume of water needs to be known to calculate the medicine's final concentration. This method is recommended for low molecular weight aquatic medicines, which can be evenly distributed throughout the water. Fishes absorb the distributed medicines through the epithelia of the gills, skin, and mucosa.
National Oceanic and Atmospheric Administration, World Bank, Department of Emergency Medicine, Aquaculture Research & Development journal, and World Health Organization are among the primary and secondary sources referred to while preparing the aquatic veterinary treatment market report.
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 Market Definition, Assumptions and Limitations
1.3 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
4. Aquatic Veterinary Treatment Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
 4.3.1 List of Vendors in the Value Chain
5. Aquatic Veterinary Treatment Market - Key Market Dynamics
5.1 Key Market Drivers
5.2 Key Market Restraints
5.3 Key Market Opportunities
5.4 Future Trends
5.5 Impact Analysis of Drivers and Restraints
6. Aquatic Veterinary Treatment Market - Global Market Analysis
6.1 Aquatic Veterinary Treatment - Global Market Overview
6.2 Aquatic Veterinary Treatment - Global Market and Forecast to 2030
7. Aquatic Veterinary Treatment Market - Revenue Analysis (USD Million) - By Treatment, 2020-2030
7.1 Overview
7.2 Vaccines
7.3 Medications
7.4 Supplements
8. Aquatic Veterinary Treatment Market - Revenue Analysis (USD Million) - By Species, 2020-2030
8.1 Overview
8.2 Fish
8.3 Crustaceans
8.4 Mollusca
8.5 Others
9. Aquatic Veterinary Treatment Market - Revenue Analysis (USD Million) - By Disease Source, 2020-2030
9.1 Overview
9.2 Bacterial
9.3 Viral
9.4 Parasites
9.5 Others
10. Aquatic Veterinary Treatment Market - Revenue Analysis (USD Million) - By Route of Administration, 2020-2030
10.1 Overview
10.2 Water Medication
10.3 Medicated Feed
10.4 Others
11. Aquatic Veterinary Treatment Market - Revenue Analysis (USD Million), 2020-2030 - Geographical Analysis
11.1 North America
 11.1.1 North America Aquatic Veterinary Treatment Market Overview
 11.1.2 North America Aquatic Veterinary Treatment Market Revenue and Forecasts to 2030
 11.1.3 North America Aquatic Veterinary Treatment Market Revenue and Forecasts and Analysis - By Treatment
 11.1.4 North America Aquatic Veterinary Treatment Market Revenue and Forecasts and Analysis - By Species
 11.1.5 North America Aquatic Veterinary Treatment Market Revenue and Forecasts and Analysis - By Disease Source
 11.1.6 North America Aquatic Veterinary Treatment Market Revenue and Forecasts and Analysis - By Route of Administration
 11.1.7 North America Aquatic Veterinary Treatment Market Revenue and Forecasts and Analysis - By Countries
 11.1.7.1 United States Aquatic Veterinary Treatment Market
 11.1.7.1.1 United States Aquatic Veterinary Treatment Market, by Treatment
 11.1.7.1.2 United States Aquatic Veterinary Treatment Market, by Species
 11.1.7.1.3 United States Aquatic Veterinary Treatment Market, by Disease Source
 11.1.7.1.4 United States Aquatic Veterinary Treatment Market, by Route of Administration
 11.1.7.2 Canada Aquatic Veterinary Treatment Market
 11.1.7.2.1 Canada Aquatic Veterinary Treatment Market, by Treatment
 11.1.7.2.2 Canada Aquatic Veterinary Treatment Market, by Species
 11.1.7.2.3 Canada Aquatic Veterinary Treatment Market, by Disease Source
 11.1.7.2.4 Canada Aquatic Veterinary Treatment Market, by Route of Administration
 11.1.7.3 Mexico Aquatic Veterinary Treatment Market
 11.1.7.3.1 Mexico Aquatic Veterinary Treatment Market, by Treatment
 11.1.7.3.2 Mexico Aquatic Veterinary Treatment Market, by Species
 11.1.7.3.3 Mexico Aquatic Veterinary Treatment Market, by Disease Source
 11.1.7.3.4 Mexico Aquatic Veterinary Treatment Market, by Route of Administration
 Note - Similar analysis would be provided for below mentioned regions/countries
 
11.2 Europe
 11.2.1 Germany
 11.2.2 France
 11.2.3 Italy
 11.2.4 Spain
 11.2.5 United Kingdom
 11.2.6 Rest of Europe
11.3 Asia-Pacific
 11.3.1 Australia
 11.3.2 China
 11.3.3 India
 11.3.4 Japan
 11.3.5 South Korea
 11.3.6 Rest of Asia-Pacific
11.4 Middle East and Africa
 11.4.1 South Africa
 11.4.2 Saudi Arabia
 11.4.3 U.A.E
 11.4.4 Rest of Middle East and Africa
11.5 South and Central America
 11.5.1 Brazil
 11.5.2 Argentina
 11.5.3 Rest of South and Central America
12. Industry Landscape
12.1 Mergers and Acquisitions
12.2 Agreements, Collaborations, Joint Ventures
12.3 New Product Launches
12.4 Expansions and Other Strategic Developments
13. Competitive Landscape
13.1 Heat Map Analysis by Key Players
13.2 Company Positioning and Concentration
14. Aquatic Veterinary Treatment Market - Key Company Profiles
14.1 Merck
 14.1.1 Key Facts
 14.1.2 Business Description
 14.1.3 Products and Services
 14.1.4 Financial Overview
 14.1.5 SWOT Analysis
 14.1.6 Key Developments
 Note - Similar information would be provided for below list of companies
 
14.2 Zoetis
14.3 HIPRA
14.4 Phibro Animal Health
14.5 Boehringer Ingelheim Animal Health
14.6 Nisseiken Co. Ltd.
14.7 VETERQUIMICA SA
14.8 Microsynbiotix
14.9 AquaTactics Fish Health
15. Appendix
15.1 Glossary
15.2 About
15.3 Market Intelligence Cloud
LIST OF TABLES
LIST OF FIGURES
The List of Companies - Aquatic Veterinary Treatment Market
Merck & Co. Inc.
Zoetis LLC
HIPRA
Phibro Animal Health Corp
Boehringer Ingelheim Animal Health
Nisseiken Co. Ltd.
VETERQUIMICA S.A.
Elanco Animal Health Inc.
Microsynbiotix
AquaTactics Fish Health