Introduction
Animal Health Care. Caring for the health of animals is a big industry, involving all sorts of people, in many different ways - from pet owners and farmers to animal welfare officers and veterinary staff.
Market Overview
The Global Animal Health Market was valued at $ XX Mn in 2018 and is forecasted to grow at a strong XX% CAGR between 2018 and 2026, resulting in 2026 global sales of $ XX. Market-driven by an owing rise in government initiatives and cutting-edge technologies. However, the growing influx of counterfeit drugs is hindering the market growth. Moreover, the emergence of veterinary health information systems, specifically in the developed economies is providing ample opportunities for the market.
Animal Healthcare depending on Animal Type, companion animals’ segment is expected to account for the largest share of the Animal Healthcare market due to various advantages such as reduced anxiety attacks, greater psychological stability and lowered blood pressure are expected to create growth opportunities for the market over the forecast period.
Segmentation
The Global Animal Healthcare Market is segmented based on Animal Type, Medical Feed Additives, Vaccines, Pharmaceutical, Route of Administration, Distribution Channel and regions.
Based on the Animal Types: Companion animal and Farm animal.
Based on the Medical Feed Additives: Minerals, Prebiotics, and probiotics, Antioxidants, Feed enzymes, Amino acids, Vitamins, and Antibiotics.
Based on the Vaccines: Companion animal vaccines, Equine vaccines, Swine vaccines, Cattle vaccines and Poultry vaccines.
Based on the pharmaceuticals: Anti-infectives, Anti-inflammatories, Hormones & Substitutes, Parasiticides, Hormones and Substitutes, Nutritional Products and Other Pharmaceuticals.
Based on the Route of Administrations: Topical, Parenteral, Oral and Other Route of Administrations.
Based on the Distribution Channels: Pharmacies & Drug Stores, Veterinary Clinics, Veterinary Hospitals, and Other Distribution Channels.
Based on the regions: North America, Asia-Pacific, Europe, and LAMEA. Among that North America held the largest share of the market owing to the adopting and advancing itself in terms of technology, due to the growing adoption of pets rise in the number of animals suffering from diseases, and the need for better veterinary diagnostic methods.
Report Description: The report covers an in-depth analysis of the Global Animal Health Market. The report assesses the market products pipeline by stage of development (early development, pre-clinical, clinical and in approval), By Animal Type (Companion animal and Farm animal). In addition, the report includes key insights on other development activities, including (but not limited to) – licensing (In and Out), collaborations, acquisitions, reimbursement, patent, and regulatory designations.
The report includes in-depth company profiles of key players in the Global Animal Healthcare Market. The company profile includes key information on the overview, financial highlights, product portfolio, business strategies, and key recent developments.
The report highlights information on emerging companies with potentially disruptive technologies and new market entrants.
Scope:
Data Collation (Primary & Secondary)
In-house Estimation (Based on proprietary databases and Models)
Market Triangulation
Forecasting
Market-related information is assembled from both primary and secondary sources.
Primary sources involved participants from all global stakeholders such as experts from several related industries and suppliers that have been interviewed to obtain and verify critical information as well as to assess prospects of the market. The participants included are CXOs, VPs, and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.
Secondary sources include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications annual reports press releases along with paid sources such as Factiva, OneSource, Bloomberg among others.
Top-down and bottom-up approaches: The overall market size was used in the top-down approach to estimate the sizes of other individual submarkets (mentioned in the market segmentation by product, type of manufacturing, and disease) through percentage splits from secondary and primary research. The bottom-up approach was also implemented (wherever applicable) for data extracted from secondary research to validate the market segment revenues obtained.
