Visiongain released a new report on Veterinary Medicines Market report from 2021-2031: Forecasts by product type (Pharmaceuticals, vaccines and medicinal feed additives), From animal (Companion animal and farm animal), According to the administrative route (Oral, parenteral and topical), According to end user (Animal hospital, veterinary special clinics, research institutes and universities, etc.), By distribution channel (Retail pharmacies, veterinary clinic pharmacies and online pharmacies), PLUS profiles of leading manufacturing companies and regional and leading national market analyzes. PLUS, COVID-19 recovery scenarios.
Effects of COVID-19 on Veterinary Therapeutics
Effects of COVID-19 through different recovery models such as V-shaped, U-shaped, W-shaped and L-shaped; was taken into account in the estimation and prognosis of Veterinary Therapeutics. Different recovery scenarios are also included in the report for all segments and regions / nation. The recovery scenarios on the basis of which the market has been forecast and analyzed are given below:
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Market leader
Companion animal population growth
There is a very rapid increase in the population of pets around the world as the use of animals as human companions has gained new heightened importance and an increasing number of families prefer to have pets. Pets are at high risk of developing various diseases that require timely treatment of life-threatening diseases in pets. The continued increase in the number of pets around the world is also increasing the demand for pet diagnostics around the world. Because of this, the growth of the pet population around the world is a driver for the animal therapeutics market.
Increase the use of veterinary drugs in zoonoses
The demand for veterinary medicinal products for zoonotic diseases is increasing due to the increasing prevalence of life-causing diseases such as zoonotic diseases in pets. The increasing prevalence of life-causing diseases in pets has led various veterinary clinics and clinics, point-of-care centers, research institutes, and universities to use animal therapeutics to treat zoonoses to increase the chances of pet rescue. Because of this, the growth of the pet population around the world is a driver for the animal therapeutics market.
Market opportunities
Increase the initiative and awareness program
Various national and international organizations, supervisory authorities, independent authorities, and non-profit organizations start various education programs to raise awareness of zoonotic diseases. The increasing awareness of zoonotic diseases is expected to increase the rate of diagnosis and treatment, which will increase the demand for animal therapeutics to treat zoonotic diseases in the forecast period.
Increasingly advanced therapeutics for the development of new vaccines for a range of diseases
The demand for advanced therapeutics in the treatment of pets is increasing compared to previous years. Various veterinary clinics and clinics, point-of-care and research institutes, and universities are using increasingly advanced therapeutics for the treatment of pets. Currently, many of the manufacturers are conducting research and development activities and creating competitive advantages with the launch of their new products.
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How the Veterinary Medicines Market Report will help you
In summary, our 250-page report offers you the following knowledge:
- Sales forecasts to 2031 for the Veterinary Medicines Market with forecasts for Get our Veterinary Medicines Market Forecast 2021-2031 report today: By Product, Animal, Route of Administration, End-User, Distribution Channel, and leading regional / country market analysis, forecasted on a global and regional level, respectively Level – Explore the prospects of the industry and find the most lucrative places for investment and income
- Sales forecasts to 2031 for 5 regional and 16 major national markets – See forecasts for the Veterinary Medicines Market in North America, Europe, Asia Pacific and Rest of the World. The market in the USA, Canada, Argentina, Brazil, Germany, France, Great Britain, Italy, Spain, China, India, Japan and Australia among other major economies is also forecast.
- Prospects for established companies and market entry candidates – including company profiles of top 10 companies involved in the Veterinary Medicines Market.
Competitive landscape
Top companies (Zoetis, Inc., Merck Animal Health, Elanco Animal Health and Boehringer Ingelheim GmbH) account for more than XX% of the worldwide Veterinary Therapeutics. Other companies featured in the report are: Ceva Santé Animale, Virbac, Vetoquinol SA, Dechra Pharmaceuticals PLC, Biovac, The Chanelle Group and ImmuCell Corporation.
Some of the key developments are listed below:
In 2018, the World Small Animal Veterinary Association (WSAVA) launched campaigns to secure access to animal therapeutics for veterinarians. The WSAVA forms a Therapeutics Guidelines Group (TGG) to improvise access to veterinary medicinal products. These campaigns are designed to create new growth opportunities for the market
In 2018 Akaal Pharma Pty Ltd and Bal Pharma Ltd worked together to form the joint venture company “AB VET Pharma Pty Ltd”. The new joint venture will offer therapeutics in the veterinary field. Akaal Pharma Pty Ltd and Bal Pharma Ltd are to increase their market share in the veterinary pharmaceuticals market with new joint ventures.
You will find quantitative and qualitative analyzes with independent predictions. You will get information that only our report contains and you will stay up to date with this invaluable business intelligence.
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