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Pune, May 13, 2021 (GLOBE NEWSWIRE) – Global Veterinary Medicine Market Research Report – Forecast to 2027
A recent research report on the global “Veterinary brandt ”provides a complete overview and explanation of the industry. It is an analytical study that focuses on target audiences of customers and covers historical, current and future market revenue and growth rates on both the demand and supply side. The advent of COVID-19 has slowed market growth. However, due to the uplifting lockdowns, the market is slowly gaining momentum. The report provides a comprehensive geographic analysis for key regions and country markets.
The competitive landscape is also analyzed in depth to understand the key players’ strategies in terms of product and geographic expansion, merger acquisition, partnerships and collaborations. It separates useful and relevant market information and provides readers with validated market size estimates and forecast figures, including CAGR and share of key segments.
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The global veterinary medicine market is expected to have a healthy CAGR of 5.57% over the 2020-2027 reporting period. Rising animal ownership rates, increasing chronic diseases and increasing meat consumption are expected to create many growth opportunities for the world market. Apart from meat processing, the demand for dairy products is also flooded. The increasing use of meat and dairy products requires the safety of domesticated animals and a rigorous review of their wellbeing in order to capture the spread of diseases from living things to humans. In the midst of developing meat processing, the emphasis on improving the welfare of new meat has increased.
The global veterinary medicine market is expected to have a significant market due to the largest value of $ 28,012.73 million in 2019. The increasing prevalence of disease in animals poses a serious threat to food security. Climate change and globalization are the main drivers of the rise in disease in animals. In addition, the increase in the number of pet owners leads to better care for their pets, which increases overall pet spending.
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Some of the key market players are:
- Boehringer Ingelheim
- Chanelle Pharma Group
- Dechra Pharmaceuticals plc
- Merck Animal Health
- Norbrook Laboratories
- Vetoquinol SA
- Bayer AG
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Global Veterinary Medicine Market Segmentation:
The global Veterinary Medicine market has been segmented into animal species, product, route of administration, and distribution channel.
In terms of animal type, the global market has been divided into domesticated and companion.
In terms of product segments, the market is divided into segments Drugs and vaccines.
On the way of administration, the market is divided into categories oral, parental and others.
Based on the sales channel, the market is divided into Veterinary clinics and clinics, retail stores, and online pharmacies.
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Global Veterinary Medicine Market Regional Analysis:
Geographically, the global veterinary medicine market has been divided into the Americas, Europe, the Asia-Pacific region, and the Middle East and Africa.
America is likely to be the largest contributor to the market due to increased pet ownership and the spread of animal diseases in the region. According to Atlas Dental, a total of 69,075 dental operations were performed in German hospitals in 2017. In addition, the global market growth is due to the increasing population of pets and farm animals with a large number of veterinary practices.
– Europe contributed to the second largest market in the global veterinary medicine market during the reporting period. The regional market is driven by the increasing prevalence of diseases, the approval of new products and the existence of a developed veterinary health infrastructure.
– Asia Pacific is expected to be the fastest growing market during the reporting period. The regional market is being driven by the increasing penetration of the veterinary sector, the increase in the number of private veterinary clinics, growing animal welfare awareness and government campaigns for pet welfare in China, Japan, India, South Korea and Australia.
– The Middle East and Africa veterinary market is expected to experience steady growth over the forecast period due to the presence of developing countries in the region.
Important points from the table of contents:
2 INTRODUCTION TO THE MARKET
3 RESEARCH METHODOLOGY
4 MARKET DYNAMICS
5 MARKET FACTOR ANALYSIS
6 GLOBAL VETERINARY MEDICINE MARKET, BY SPECIES
7 GLOBAL VETERINARY MEDICINE MARKET, BY PRODUCT
8 GLOBAL VETERINARY MEDICINE MARKET, BY ADMINISTRATIVE CHANNELS
9 GLOBAL VETERINARY MEDICINE MARKET, BY SALES CHANNEL
10 GLOBAL VETERINARY MEDICINE MARKET, BY REGION
11 COMPETITIVE LANDSCAPE
12 COMPANY PROFILES
Continuation …… ..
Part II: Global Nausea Medicine Market Research Report – Forecast to 2027
The global Nausea Drugs market is expected to have a remarkable CAGR of 7.83%, exceeding $ 2,423.26 million over the forecast period of 2027. Nausea medications are used to treat conditions such as nausea and vomiting. The global market growth is due to the increasing incidence of gastrointestinal cancers, as well as the growing geriatric population, sedentary lifestyle and unhealthy diet.
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The global nausea drug market is expected to see healthy market growth during the reporting period due to the increase in cancer cases worldwide. There are more cancer patients in the United States, according to the National Cancer Institute study. Approximately 1.8 million people will be diagnosed with cancer in 2020. In 2017 there were more than 179,000 new cancer cases in women in the UK and around 187,000 new cancer cases in men in the UK, which are likely to fuel the market in the future, according to Cancer Research UK.
However, a high preference for home remedies is expected to stifle growth in this market over the period. In addition, collaborations between large drug manufacturers and small businesses are expected to see the lucrative opportunity for the global nausea market to grow during the evaluation period.
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The global market is quite competitive and includes regional and global companies that have created strong market competition. These companies are expected to provide significant support for market growth through strategic collaborations, new product launches, and technological innovations.
Some of the key market players are: Novartis AG (Switzerland), Merck & Co. Inc. (USA), F. Hoffmann-La Roche Ltd. (Switzerland), GlaxoSmithKline PLC (UK), Pfizer Inc. (USA), Sanofi SA (France), Mylan NV (USA)), AstraZeneca (UK), Cipla Inc. (India) and others
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Global Nausea Drugs Market Segmentation:
The global Nausea Drugs Market has been segmented into Type, Administration Mode, Indication, and Distribution Channel.
Depending on the type, the nausea medication market has been divided into Antagonists, cannabinoids, antihistamines, and others. The nausea drug market is categorized based on the mode of administration oral, intravenous and others. The nausea drug market is categorized by indication Oncology, gastroesophageal reflux disease (GERD), motion sickness, and others. The market was classified based on the sales channels Hospital / retail pharmacies and online.
Based on the indication, the oncology segment had the largest share of 39.84% in 2019, as more and more patients suffer from nausea associated with the use of chemotherapy drugs.
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Global Nausea Drugs Market Regional Analysis:
Geographically, the global Nausea Drugs Market has been divided into America, Europe, Asia-Pacific, and the Middle East and Africa.
– America is expected to lead the global anti-nausea drug market during the period due to the presence of major manufacturers, increased awareness of disease early detection, and the proliferation of gastrointestinal disorders.
– The European market is expected to be the second largest market for nausea drugs. The regional market is attributed to the biopharmaceutical sector, which improves economies, increases disposable income per person, and increases the health spending market in that region.
– The Asia Pacific market is expected to experience significant market growth over the reporting period as disease awareness grows, government supports health sector improvement, and geriatric population increases.
COVID 19 effects:
We are continuously tracking the effects of the COVID-19 pandemic on various industries and sectors in all areas. Our research reports include the same and will help you understand the decline and increase due to the impact of COVID-19 on the industries. We also help you identify the gap between supply and demand in your interested market. In addition, the report will help you with the analysis, the changed government regulations and many other useful insights.
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The market is changing rapidly as the industry continues to expand. Technological advances have provided today’s businesses with multiple benefits that lead to daily economic changes. Hence, it is very important for a company to understand the patterns of market movement in order to develop a better strategy. An efficient strategy gives companies a head start in planning and a competitive advantage. Industry research is a credible source for creating market reports that will give you the head start you need for your business.