Veterinary pharmaceuticals include drugs, medicines, and other substances in use to treat or prevent animal diseases for health, growth promotion, and productivity. These drugs can be broadly divided into categories according to the different pathogens or targeted infections.
MARKET DYNAMICS
The veterinary pharmaceuticals market is increasing penetration of pet insurance will increase the number of visits at veterinary clinics supporting the use of veterinary pharmaceuticals. Moreover, increased pet spending and increased disease prevalence is boosting to the growth of the market for veterinary pharmaceuticals.
MARKET SCOPE
The "Veterinary Pharmaceuticals Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of veterinary pharmaceuticals market with detailed market segmentation by product, end user, route of administration, type of animals, vaccines and antibiotics. The veterinary pharmaceuticals market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in veterinary pharmaceuticals market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The veterinary pharmaceuticals market is segmented on the basis of product, end user, route of administration, type of animals, vaccines and antibiotics. Based on product, the market is segmented as vaccines, antibiotics, parasiticides and others. On the basis of end users, the market is categorized as hospitals, clinics, pharmacies and drug stores. On the basis of route of administration, the market is categorized as oral and others. On the basis of type of animals, the market is categorized as livestock and companion animals. On the basis of vaccines, the market is categorized as inactivated vaccines, attenuated vaccines, recombinant vaccines and others. On the basis of antibiotics, tetracyclines, penicillins, sulphonamides, macrolides, aminoglycosides and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the veterinary pharmaceuticals market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The veterinary pharmaceuticals market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting veterinary pharmaceuticals market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the veterinary pharmaceuticals market in these regions.
MARKET PLAYERS
The report covers key developments in the veterinary pharmaceuticals market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from veterinary pharmaceuticals market are anticipated to have lucrative growth opportunities in the future with the rising demand for veterinary pharmaceuticals in the global market. Below mentioned is the list of few companies engaged in the veterinary pharmaceuticals market.
The report also includes the profiles of key players in veterinary pharmaceuticals market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Aratana Therapeutics, Inc.
- Bayer AG
- Boehringer Ingelheim International GmbH
- Ceva Sante Animale
- Dechra Pharmaceuticals PLC
- Elanco Animal Health Inc.
- Eli Lilly and Company
- Merck & Co., Inc.
- Virbac
- Zoetis Inc.
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