#U.S. Companion Animal Health Market size
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According to Nova One Advisor, the U.S. companion animal health market size was exhibited at USD 13.19 billion in 2023 and is projected to hit around USD 28.32 billion by 2033, growing at a CAGR of 7.94% during the forecast period 2024 to 2033.
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Veterinary Rapid Test Market Expansion 2024-2033: Growth Drivers and Dynamics
The veterinary rapid test global market report 2024from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Veterinary Rapid Test Market, 2024report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size - The veterinary rapid test market size has grown rapidly in recent years. It will grow from $0.72 billion in 2023 to $0.80 billion in 2024 at a compound annual growth rate (CAGR) of 11.3%. The growth in the historic period can be attributed to growth in veterinary rapid tests, rise in demand for rapid test diagnosis over other test, rise in adoption of pet insurance, increased demand for animal-based protein source, rise in numbers of veterinarians and veterinary visits.
The veterinary rapid test market size is expected to see rapid growth in the next few years. It will grow to $1.24 billion in 2028 at a compound annual growth rate (CAGR) of 11.6%. The growth in the forecast period can be attributed to increasing pet ownership, increasing consumer awareness regarding scientific animal nutrition, increase in industrialized livestock production, increasing diagnostic testing of livestock diseases, increasing prevalence of zoonotic diseases in animals. Major trends in the forecast period include product innovation, advancements in biotechnology, demand for quick and accurate diagnostic solutions, innovative veterinary diagnostics, technological advancements in diagnostic technologies.
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Scope Of Veterinary Rapid Test MarketThe Business Research Company's reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Veterinary Rapid Test Market Overview
Market Drivers -The increasing pet ownership is expected to propel the growth of the growth of the veterinary rapid test market going forward. Pet ownership refers to the relationship in which an individual or household takes responsibility for a pet animal's care, welfare, and maintenance. The increase in pet ownership can be attributed to social trends, urbanization, and a rise in young adults delaying parenthood. Veterinary rapid tests provide pet owners with timely and accurate diagnostic information, facilitating proactive healthcare management and ultimately promoting their animal companions' health, happiness, and longevity. For instance, according to The American Pet Products Association (APPA), a US-based organization, pet ownership in the United States rose from 67% of households owning a pet in 2021-2022 to 70%. Additionally, from 2023 to 2024, 66% of U.S. households owned a pet, which equates to 86.9 million households. Therefore, increasing pet ownership drives the veterinary rapid test market.
Market Trends - Major companies operating in the veterinary rapid test market are developing advanced solutions such as AI-based rapid tests to enhance diagnostic accuracy and improve overall efficiency in veterinary healthcare. AI-based rapid tests represent a significant advancement in veterinary diagnostics, offering veterinarians powerful tools to expedite the diagnostic process, improve diagnostic accuracy, and ultimately enhance the quality of care provided to animals. For instance, in November 2023, Micron Agritech, an Ireland-based sustainable health company, launched the Micron Kit Fluke Test, an innovative AI-powered rapid test for liver fluke in livestock. This breakthrough solution allows farmers and veterinarians to quickly test animals on-site using their smartphones for both liver fluke (Fasciola hepatica) and rumen fluke (Calicophoron daubneyi) infections
The veterinary rapid test market covered in this report is segmented –
1) By Product: Rapid Test Kits, Rapid Test Readers 2) By Animal Type : Companion Animal, Production Animal 3) By Technology : Immunoassays, Polymerase Chain Reaction(PCR) 4) By Application: Viral Diseases, Bacterial Diseases, Parasitic Diseases, Allergies, Other Applications 5) By End-User: Veterinary Hospitals And Clinics, Homecare Settings, Other End Users
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Regional Insights - North America was the largest region in the veterinary rapid test market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the veterinary rapid test market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies - Major companies operating in the veterinary rapid test market are Thermo Fisher Scientific Inc., Zoetis Inc., bioMérieux SA, IDEXX Laboratories Inc., Sysmex Corporation, Bio-Rad Laboratories Inc., QIAGEN GmbH, Virbac Corp., Neogen Corporation , Antech Diagnostics Inc., Heska Corporation, Ring Biotechnology Co Ltd., Woodley Equipment Company Ltd., Prometheus Biosciences Inc., BioChek, Bionote Usa Inc., Agrolabo S.p.A., Shenzhen Bioeasy Biotechnology Co. Ltd., Fassisi GmbH, MEGACOR Diagnostik GmbH, Biopanda Reagents Ltd., Boster Biological Technology Co. Ltd., Swissavans AG, Secure Diagnostics Pvt. Ltd., Eurolyser Diagnostica GmbH
Table of Contents 1. Executive Summary 2. Veterinary Rapid Test Market Report Structure 3. Veterinary Rapid Test Market Trends And Strategies 4. Veterinary Rapid Test Market – Macro Economic Scenario 5. Veterinary Rapid Test Market Size And Growth ….. 27. Veterinary Rapid Test Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix
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The Growing Field of Animal Ultrasound: A Game Changer in Veterinary Medicine
The global animal ultrasound market size reached USD 286.2 Million in 2020 and is expected to register a revenue CAGR of 8.2% during the forecast period, according to latest analysis by Emergen Research. Increasing number of companion animals and rising demand for pet insurance are some key factors projected to support market revenue growth between 2021 and 2028.
In addition, increasing number of veterinary doctors in developed and developing countries is expected to boost revenue growth of the market going ahead.Increasing number of veterinarians has also resultedin increasingnumberof new treatment facilities, which is expected to boost demand for various treatmentequipment for animals, including animal ultrasound devices.In addition, veterinarians' incomes in developed countries have significantly risen in recent years, and this is strengthening their purchasing power, which is expected to boostadoption of animalultrasound devices in private clinics.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Animal Ultrasound market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
IDEXX Laboratories, Inc., Carestream Health, Inc., Fujifilm Holdings Corporation, Esaote SpA, GE Healthcare, Heska Corporation, Diagnostic Imaging Systems, Inc., Clarius Mobile Health Corp., DRAMIÑSKI S.A., and Hallmarq Veterinary Imaging Limited
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Emergen Research has segmented the global Animal Ultrasound market on the basis of type, application, end-use, and region:
Segments Covered in this report are:
Animal Type Outlook (Revenue, USD Million; 2018–2028)
Large Animals
Small Companion Animals
Imaging Type Outlook (Revenue, USD Million; 2018–2028)
Doppler Imaging
2D Ultrasound Imaging
3D & 4D Ultrasound Imaging
Scanner Type Outlook (Revenue, USD Million; 2018–2028)
Handheld Ultrasound Scanners
Cart-based Ultrasound Scanners
The various regions analyzed in the report include:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
Analysis and estimation of the Animal Ultrasound Market size and share for the projected period of 2022-2030
Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Animal Ultrasound Market
Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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Veterinary Hospitals Market Dynamics: Evaluating Market Size, Share, and Growth Forecast
The global veterinary hospitals market size is expected to reach USD 123.8 billion by 2030, expanding at a CAGR of 5.80% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growing pet population is boosting the demand for veterinary clinics and hospitals around the world. Additionally, the COVID-19 pandemic lockdown restrictions led to a rise in the demand for companion animals. For instance, the number of pets in the UK has significantly increased. According to a recent survey conducted by the Pet Food Manufacturers Association, there are currently over 24 million cats and dogs living in the United Kingdom. The market is being driven by the increase in pet ownership, not just in the short term when kittens and puppies need shots, initial checkups, or neutering, but also considerably in the long term as they age into animals needing more veterinarian treatment and care.
Veterinary Hospitals Market Report Highlights
By animal type, the companion animal segment accounted for the largest revenue share in 2022. This is owing to the relatively stable ownership rate of dogs & cats in developed countries like the U.S. and increased expenditure on veterinary care
Based on type, the medicine segment dominated the market in 2022, owing to its significant distribution in veterinary pharmacies
Based on the sector, the private segment dominated the market in 2022. These hospitals offer well-maintained and advanced services at a relatively low price than private hospitals
North America accounted for a 43.4% share of the market in 2022 and is expected to grow over the forecast period. This growth is majorly due to high companion animal ownership rates, favorable government regulations, and increasing adoption of pet insurance for veterinary care
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The rapidly aging pet population and the availability of advanced pet care options are among the key factors likely to drive expenditure on pets by owners, which is the primary source of revenue growth for veterinary hospitals. Establishment requirements for veterinary hospitals are expected to improve mainly due to the high demand for animal care services for pets & animals food. With the increasing number of pets and pet owners, the focus on animal safety has grown in recent years. Rising concerns and increasing awareness about chronic diseases in companion animals have resulted in high expenditure on pet health. Large spending on animal care is expected to further boost veterinary visits and medication sales in hospitals. Owners are concerned about their pets and consult veterinarians for treatment of several health issues at an early stage. This is further boosting the demand for efficient treatment options, driving the market.
#VeterinaryHospitalsMarket#VeterinaryCare#AnimalHealth#PetCare#VetServices#AnimalHospitals#VeterinaryClinics#PetHealth#VetIndustry#HealthcareForPets#AnimalWelfare
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Veterinary Point of Care Diagnostics Market Size, Share, Growth and Forecast (2021-2027)
The Global Veterinary Point of Care Diagnostics Market is anticipated to grow significantly by 2027, with an estimated CAGR of around 12% during the forecast period from 2021 to 2027. Point-of-care diagnostics (POCD) have become crucial in the healthcare sector for their ability to rapidly diagnose various life-threatening and infectious diseases such as cancer and diabetes, as well as for ongoing patient health monitoring. These devices are seen as essential diagnostic tools that help prevent treatment delays, thereby reducing mortality rates and the spread of infectious agents.
Key Growth Drivers
A major factor driving the veterinary industry's growth is the increasing adoption of pets. Additionally, the rise in diseases affecting animals contributes to the expanding veterinary point-of-care diagnostics market. For instance, according to Vikaspedia (Government of India), the country's total livestock population was 535.78 million in 2019, marking a 4.6% increase since the 2012 Livestock Census. The bovine population (including cattle, buffalo, mithun, and yak) reached 302.79 million in 2019, a 1.0% increase from the previous census. Furthermore, the growing number of zoological parks and heightened efforts in animal conservation significantly influence the demand for point-of-care diagnostics in veterinary medicine.
For a comprehensive analysis of the market drivers, visit: https://univdatos.com/report/veterinary-point-of-care-diagnostics-market/
Market Segmentation
By Animal Type
The market is divided into two main segments: livestock and companion animals. The livestock segment is expected to witness significant growth, driven by the increasing cattle population and the adoption of modern technologies for animal care. For instance, the Department of Animal Husbandry and Dairying (Government of India) reported that the female cattle population reached 145.12 million in 2019, an 18.0% increase since 2012.
By End-Users
The market is segmented into veterinary hospitals & clinics, home care settings, and others. The veterinary hospitals & clinics segment is projected to experience substantial growth due to rising pet adoption, the prevalence of diseases, and increasing health concerns among pet owners. The specialized services offered by these hospitals and clinics further bolster the segment's growth in the veterinary point-of-care diagnostics market.
Regional Insights
The report also provides a detailed regional analysis of the veterinary point-of-care diagnostics market, covering North America (United States, Canada, Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom, Rest of Europe), Asia-Pacific (China, India, Australia, Japan, Rest of APAC), and the Rest of the World. North America represents a significant market due to the high rate of pet adoption. According to the American Pet Products Association (APPA), 67% of U.S. households owned pets in 2021, with total expenditure on pet care products estimated at $123.6 billion.
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Key Market Players
Prominent companies in the global veterinary point-of-care diagnostics market include IDEXX Laboratories, Zoetis, Virbac, Heska Corporation, Thermo Fisher Scientific Inc., Neogen Corporation, Mindray, Esaote SpA, FUJIFILM Corporation, and Woodley Equipment Company Ltd. These players have engaged in numerous mergers and acquisitions, as well as partnerships, to develop various veterinary point-of-care diagnostics solutions.
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#Veterinary Point of Care Diagnostics Market#Veterinary Point of Care Diagnostics Market Size#Veterinary Point of Care Diagnostics Market Report#Veterinary Point of Care Diagnostics Market Forecast
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U.S. Veterinary Orthopedic Medicine Market Size, Share & Growth Analysis Report, 2030
U.S. Veterinary Orthopedic Medicine Market Growth & Trends
The U.S. veterinary orthopedic medicine market size is expected to reach USD 814.51 million by 2030, registering a CAGR of 7.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is primarily driven by the increasing pet population, adoption of pet insurance, rising prevalence of diseases among animals, and advancements in veterinary medicine.
For instance, in October 2023, the FDA approved Librela (bedinvetmab injection), making it the first monoclonal antibody for treating osteoarthritis-related pain in dogs. In addition, in April 2022, American Regent Animal Health, a division of American Regent, Inc., received FDA approval to extend the shelf life of Adequan Canine and Adequan i.m. The expiration date for both products was increased from 24 months to 36 months from the date of manufacture.
Key players in the veterinary orthopedic medicine market are engaging in strategic initiatives like product launches, collaborations, and acquisitions to make their market presence more prominent, impelling market growth. In September 2022, Zoetis acquired Jurox, a private animal health company specializing in veterinary medicines for livestock and companion animals. The deal, finalized in August 2021, included Jurox's operations in Australia and regional offices in the U.S., Canada, and the UK. Such initiatives are anticipated to drive market growth.
For instance, in October 2023, Athersys, Inc. (ATHX), a cell therapy and regenerative medicine company, entered into a licensing agreement with Ardent Animal Health. With this move, Athersys, known for its work with MultiStem (invimestrocel) in critical care, entered the field of animal health. This collaboration with Ardent, a veterinary biotech firm specializing in regenerative medicine and cancer therapies for animals, highlights Athersys’ commitment to advancing veterinary care.
Some key impacts of the pandemic and respective lockdowns on the market include dampened growth, decreased sales, supply chain disruptions, and operational challenges. However, the pandemic also propelled concerns over animal health and welfare, strengthened the pet parent and animal bond, and increased pet adoption. Moreover, the market witnessed an improved medicalization rate, pet expenditure, and adoption of pet insurance.
Increasing pet humanization and improved diagnostic rates were other positive impacts of the COVID-19 pandemic on the veterinary sector. In 2021, the market recorded increased demand and sale of veterinary medicines, including orthopedic medicines. In 2022, other macroeconomic uncertainties, such as global recession and cost inflation, adversely impacted the business. However, as the underlying market drivers remain unchanged owing to an increasing prevalence of orthopedic disorders in dogs and horses, the market is estimated to grow notably over the forecast period.
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U.S. Veterinary Orthopedic Medicine Market Report Highlights
Based on product, pharmaceuticals segment dominated the market, accounting for a share of 46.72% in 2023. Pharmaceutical treatments for orthopedic diseases in pets, such as Non-steroidal Anti-inflammatory Drugs (NSAIDs) and pain relievers, have been widely used and established as effective treatments for managing pain and inflammation. On the other hand, the viscosupplements segment is anticipated to grow at the fastest CAGR of 8.23% during the forecast period
Based on animal type, the market is segmented into dogs and horses. The dogs segment dominated the market, accounting for a share of 51.98% in 2023. It is also anticipated to grow at the fastest CAGR of 7.80% in the coming decade
Based on application, the osteoarthritis segment accounted for the largest share of 60.65% of the market in 2023. The other segment is expected to grow at the fastest CAGR of 9.39% over the forecast period
Based on route of administration, the market is segmented into injectable, oral, and others (e.g., topical). The injectable segment dominated the market, accounting for a share of 60.40% in 2023. The others (e.g., topical) segment is anticipated to grow at the fastest CAGR of 8.22% in the coming decade
On the basis of end-use, veterinary clinics & hospitals segment accounted for the largest share of 53.59% of the market in 2023. The other segment is expected to grow at the fastest CAGR of 8.68% over the forecast period
U.S. Veterinary Orthopedic Medicine Market Segmentation
Grand View Research has segmented the U.S. veterinary orthopedic medicine market based on product, animal type, application, route of administration, and end-use:
U.S. Veterinary Orthopedic Medicine Product Outlook (Revenue, USD Million, 2018 - 2030)
Biologics
Stem Cells
Platelet-Rich Plasma (PRP)
Other Biologics
Viscosupplements
Pharmaceuticals
Steroids
NSAIDS
Others
U.S. Veterinary Orthopedic Medicine Animal Type Outlook (Revenue, USD Million, 2018 - 2030)
Dogs
Small Breeds
Medium Breeds
Large Breeds
Horses
U.S. Veterinary Orthopedic Medicine Application Outlook (Revenue, USD Million; 2018 - 2030)
Osteoarthritis
Degenerative Joint Disease
Others
U.S. Veterinary Orthopedic Medicine Route Of Administration Outlook (Revenue, USD Million, 2018 - 2030)
Injectable
Intra-Muscular
Intra-Articular
Others
Oral
Others
U.S. Veterinary Orthopedic Medicine End-use Outlook (Revenue, USD Million, 2018 - 2030)
Veterinary Hospitals & Clinics
At-home
Others
List of Key Players in the U.S. Veterinary Orthopedic Medicine Market
Zoetis Services LLC
Ardent Animal Health, LLC
Enso Discoveries
VetStem, Inc.
Contura Vet
PetVivo Holdings, Inc.
T-Cyte Therepeutics
Boehringer Ingelheim International GmbH
Arthrex, Inc.
MEDREGO LLC
Nucleus ProVets
Daiichi Sankyo Company, Limited
Bimeda U.S.
Browse Full Report: https://www.grandviewresearch.com/industry-analysis/us-veterinary-orthopedic-medicine-market-report
#U.S. Veterinary Orthopedic Medicine Market#U.S. Veterinary Orthopedic Medicine Market Size#U.S. Veterinary Orthopedic Medicine Market Trends#U.S. Veterinary Orthopedic Medicine Market Growth#U.S. Veterinary Orthopedic Medicine Market Sales
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World Wide Cat Market Research (Cat Housing, Cat Food, Cat Toys, Cat Grooming and cat treat)
In this video, I have tried to explain a statistic of businesses that have been built around cats. Also in the video, you will notice the different behaviors of the cat. Where a cat is meant to be friendly. Also, the funny activities of cats can always make you happy. About of Cat : 1. Appearance: Cats have a sleek and agile appearance, with sharp retractable claws, keen senses, and a flexible body. They come in various colors, patterns, and fur lengths, which can range from short to long and can be solid or multi-colored. 2. Behavior: Cats are known for their independent and often aloof behavior. They are known to be agile hunters and excellent climbers. They use their sharp senses of sight, hearing, and smell to locate prey and navigate their environment. 3. Domestication: Cats were originally domesticated in ancient Egypt around 4,000 years ago. Since then, they have become popular pets worldwide. Domestic cats are valued for their companionship and their ability to control pests like rodents. 4. Communication: Cats communicate through a combination of vocalizations, body language, and scent marking. They can purr when content, meow to get attention, hiss when threatened, and use their tails and ears to express their emotions. 5. Lifespan: The average lifespan of a domestic cat ranges from 12 to 18 years, although many live longer with proper care. Some breeds are prone to specific health issues, so regular veterinary check-ups are important. 6. Social Structure: Cats are typically solitary animals, but they can be social and form relationships with other cats, as well as with humans. They may establish hierarchies when living together. 7. Grooming: Cats are known for their meticulous grooming habits. They use their rough tongues to clean themselves and keep their fur in good condition. 8. Playfulness: Cats are playful animals and often enjoy interactive toys, hunting games, and physical activities. Play is not only fun for them but also serves as a way to exercise and sharpen their hunting skills. Cats have earned a special place in the hearts of many people due to their charming personalities, diverse appearances, and their ability to form strong bonds with their human companions. They continue to be one of the most popular and beloved pets worldwide. How big is the cat food market? The Cat Food Market size is estimated at USD 34.11 billion in 2023 and is expected to reach USD 44.15 billion by 2028, growing at a CAGR of 5.30% during the forecast period (2023-2028). How big is the cat toy market? The global cat toys market size is forecasted to be appraised at US$ 1,840 million by 2033, up from US$ 1,015.1 million in 2023, advancing at a CAGR of 6.1% during the forecast period. How many cats are there in 2023? There are more than 58 million pet cats in America and anywhere between 30 million and 100 million self-sufficient feral cats roaming American streets. 25.4% of households in America own cats. How big is the pet industry? The global pet care market size was valued at USD 235.32 billion in 2022 and is projected to grow from USD 246.66 billion in 2023 to USD 368.88 billion by 2030, exhibiting a CAGR of 5.92% during the forecast period. Pets are considered members of the family among a vast majority of pet owners. How popular are cats? Dogs are the most popular pets in the U.S. (65.1 million U.S. households own a dog), followed by cats (46.5 million households). #cat #cats #catlover #catvideos #catvideo #pets #marketresearch #worldwide
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Pet Care Market Increasing Demand, Emerging Trends, Growth Opportunities and Future scope
“Pet Care Market by Product Type, Animal Type, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global pet care market size is expected to reach $269,497.5 million by 2030 at a CAGR of 6.2% from 2021 to 2030.
The pet care market is experiencing growth owing to increased pet ownership across the globe due to rise in consumers’ disposable income and increase in awareness regarding the health benefits of having a companion. The major factors driving the growth of the global pet care market include rise in trend of nuclear families, rapid humanization of pets, and increase in awareness about pet health. Surge in pet ownership among the millennials and generation Z along with the rapidly penetrating social media and e-commerce platforms across the globe significantly boosts the pet care market growth.
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The outbreak of the COVID-19 pandemic has positively affected the pet care industry due to undermined and unintended consequence of COVID-19 pandemic. The global pet care market was growing at a strong rate before the pandemic due to rise in pet humanization, concerns about animal welfare, and increased spending on animal health and grooming. However, during the lockdown period, people got more concerned about pet health and their own health, resulting in significant adoption of pet food and other care products for pets to stay healthy. Furthermore, certain COVID-19 repercussions and above factors that accelerated the market growth and are expected to sustain this growth during the forecast period.
The e-commerce segment has positively impacted the overall pet products supply chain as the entire pet care industry witnessed a rapid surge in the revenue. These factors are expected to boost the growth of the pet care market during the forecast period.
According to the pet care market analysis, the pet care market is segmented on the basis of product type, animal type, distribution channel, and region. On the basis of product type, the market is categorized into brushes, shower & bath accessories, toothpaste, grooming wipes, shampoos/conditioners, cat litter, pet comb, tick repellent, dry food, wet food, treats & snacks, and others. By animal type, it is segregated into dogs, cats, birds, and others. By distribution channel, it is segmented into supermarkets, e-commerce, specialized pet stores, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Poland, Italy, Russia, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and the rest of Asia-Pacific), and LAMEA (Brazil, Argentina, South Africa, Saudi Arabia, and rest of LAMEA).
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As per the pet care market forecast, by product type, the dry food segment was the dominating segment that accounted for 31.2% of the market share in 2020. This is attributed to the increased demand for the dry food for pets owing to its nutritional and oral benefits. The cat litter is estimated to be the fastest-growing segment owing to the rising adoption of cats in the developed and developing nations. The adoption of cats as pets is higher in the developed markets like North America and Europe.
By animal type, the dogs and the cats were the two most prominent segments in 2020, dogs segment leading the market. However, the cat segment is estimated to outnumber the dogs segment during the forecast period as the cat adoption across the globe is gaining rapid traction.
This is because cats are less expensive, they require less space, cats prefer to stay indoors all the time, and cats don’t make much noises as the dogs do. Therefore, owning a cat as a pet is more convenient than that of dog.
Depending upon the distribution channel, the e-commerce is expected to be the fastest-growing segment during the forecast period. This is attributed to the rising penetration of the e-commerce platforms, surging adoption of smartphones, and improved access to internet. The rising number of online shoppers and growing popularity of specialized online pet products retailers is fostering the market growth.
The key players operating in the global pet care market have adopted various developmental strategies to expand their market share and increase profitability in the market. The key players profiled in this report include Beaphar, B.V., Colgate Palmolive Company, EBOS Group Limited, General Mills, Inc., Heristo AG, Mars, Incorporated, Nestle SA, Pet AG, PetEdge, Petlife International Ltd., Schell & Kampeter, Inc., Thai Union Group Plc, The J.M. Smucker Company, Unicharm Corporation, and Versele-Laga N.V.
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Key findings of the study
The global pet care market size was valued at $138,270.0 million in 2020, and is estimated to reach $269,497.5 million by 2030, registering a CAGR of 6.2% from 2021 to 2030. By product type, the cat litter segment is estimated to witness the fastest growth, registering a CAGR of 7.9% during the forecast period. In 2020, depending on animal type, the dogs segment was valued at $47,949.3 million, accounting for 34.6% of the global pet care market share. In 2020, the U.S. was the most prominent market in North America, and is projected to reach $58,666.2 million by 2030, growing at a CAGR of 5.3% during the forecast period.
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Companion Animal Ear Infection Treatment Market Market Size, Reports, Demands, Share - Forecast 2029
Global Companion Animal Ear Infection Treatment Market, By Product (Anti-bacterial, Aminoglycosides, Fluoroquinolones, Others), Disease Type (Otitis Externa, Otitis Media, Otitis Interna), Mode of Administration (Topical, Oral, Otic), Animal Type (Dogs, Cats, Others) Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
The consistent Companion Animal Ear Infection Treatment Market report analyzes many points that help businesses to solve the toughest questions in less time. The major topics of this business report are global growth trends, market share by manufacturers, market size by type, market size by application, production by region, consumption by region, company profiles, market forecast, value chain and sales channels analysis, opportunities & challenges, threat and affecting factors. The report gives market definition in the form of market driving factors and market restraints which helps estimating the demand of particular product depending on several aspects. Companion Animal Ear Infection Treatment Market survey report studies the global market status and forecast, categorizes the global market size, market value & market volume by key players, type, application, and region.
Key Players
Some of the major players operating in the companion animal ear infection treatment market report are 3M, STERIS plc, Getinge AB, MMM Group, Cantel Medical, MATACHANA GROUP, Ecolab, BELIMED, INC., Cardinal Health, Steelco S.p.A., Reckitt Benckiser Group plc, Metrex Research, LLC., Stryker, B. Braun Melsungen AG, Covalon Technologies Ltd., SKYTRON, LLC, Olympus Corporation of the Americas (A Subsidiary of Olympus Corporation), COLTENE Group, Pal International, MELAG Medizintechnik GmbH & Co. KG, Cisa Production S.r.l. Unipersonale, TERRAGENE SA, The Clorox Company among other
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One of the principal objectives of a high-ranking Companion Animal Ear Infection Treatment Market industry report is to analyze and study the global sales, value, status, and forecast. The market report also analyzes the global and key regions market potential and advantage, opportunity and challenge, restraints and risks. The report assists to define, describe and forecast the market by type, application and region. It estimates the region that is foretold to create the most number of opportunities in the global Companion Animal Ear Infection Treatment Market. This market research report comprises of estimations of CAGR values which are quite significant and aids businesses to decide upon the investment value over the time period. An insightful Companion Animal Ear Infection Treatment Market report assists clients to stay ahead of the time and competition.
Key questions answered in the report:
Which product segment will grab a lion’s share?
Which regional market will emerge as a frontrunner in coming years?
Which application segment will grow at a robust rate?
Report provides insights on the following pointers:
Market Penetration: Comprehensive information on the product portfolios of the top players in the Companion Animal Ear Infection Treatment Market.
Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
Table Of Content
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Global Market
Part 04: Global Market Sizing
Part 05: Global Market Segmentation By Product
Part 06: Five Forces Analysis
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Animal Probiotics Market Size, Share & Trends Analysis Report, 2022-2032
The global animal probiotics market is expected to grow at a CAGR of 7.1% from 2022 to 2032. The market is driven by the increasing demand for animal products, the rising awareness about the benefits of probiotics, and the growing use of probiotics in animal feed.
The increasing demand for animal products is one of the key drivers of the animal probiotics market. The global demand for meat, milk, and eggs is growing, due to the increasing population and the rising affluence of consumers in developing countries. This is driving the demand for animal feed, which in turn is driving the demand for probiotics.
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Plastic Aerosol Packaging: Key players
Mystical Biotech Pvt Ltd.
LALLEMAND Inc.
ProbioFerm
ProVen Probiotics
Vit-E-Men Company
Vets Plus, Inc, among others.
Recent developments
Pro-Ven probiotic company has recently come up with a new product range for those who need a kickstart to their health. The Urgent-C immune and energy-intensive daytime kick start is the first product by the firm which combines high potency levels of clinically studies Lab4 friendly bacteria that offer comprehensive support to the immune system.
ProbioFerm updated the probiotics manufacturing process in such a way that all production, manufacturing, and packaging of probiotic material are done under the same roof. This gives an additional benefit for customers. The company has its own in-house quality-checking mechanism to ensure the safety and outcomes of probiotics. The company is having 30-plus years of experience in innovative formulas dedicated to accomplishing target goals.
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Animal Probiotics Market: Segmentation
The global animal probiotics market can be segmented based on drug type, distribution channel, and geography.
Based on Product Type :
Nutrition Supplements
Food Supplements
Based on the Form Type :
Dry Animal Probiotics
Liquid Animal Probiotics
Based on Bacteria Type :
Lactobacillus
Thermophiles
Streptococcus
Bifidobacteria
Others
Based on Animal Type :
Companion Animals
Cats
Dogs
Horse
Farm Animals
Ruminants
Swine
Poultry
Based on Distribution Channel :
Veterinary Hospitals
Veterinary Clinics
Pharmacies & Drug Stores
Others
Based on Regional Analysis:
North America (U.S., Canada)
Latin America (Argentina, Mexico, Brazil)
Western Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX)
Eastern Europe (Russia, Poland, Rest Of Eastern Europe)
Asia Pacific Excluding Japan and China (India, Australia & New Zealand)
China
Japan
The Middle East and Africa (GCC, South Africa, Rest Of MEA)
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Veterinarians—a Deep Dive into Number of Animal Doctors Based on Countries
Veterinary services have witnessed an unprecedented spike on the back of surging demand for quality pet care. Some factors, such as an uptick in pet adoption, the prevalence of chronic diseases and growing pet insurance services, have spurred the market penetration of animal doctors. For instance, Europe has around 309,144 veterinarians (39 FVE member countries), according to a European Federations of Veterinarians survey. Clinical practice (contributing to 58% of all respondents’ occupations) is the most prevalent employment sector.
The database lists the U.S. with the maximum number of veterinarians. The U.S. houses over 45,857 animal health organizations. The final report, along with the database, will peruse the following dynamics:
• Insights on leading countries, including U.S., France, Germany, Belgium, Spain, Netherlands and Malaysia.
• Number of veterinarians based on the primary area of specialization, occupation, or core specialty, including but not limited to companion animal exclusive, mixed animal, food animal exclusive and companion animal predominant.
• Growth opportunities and trend assessment.
• Qualitative and quantitative analysis.
Get your copy or request for a free sample of the report “Estimated Number of Veterinarians by Key Countries, and Year, 2017 – 2021.”
Estimated Number of Veterinarians by Key Countries - Report Scope
Actual estimates/Historical data
2017 - 2021
Quantitative units
Number of Veterinarians from 2017 to 2021
Regional Scope
North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Country Scope
U.S.; Canada; UK; Germany; France; Italy; Spain; Denmark; Sweden; Norway; China; Japan; India; Singapore; Australia; South Korea; Brazil; Mexico; Argentina; South Africa; Saudi Arabia; UAE; Kuwait
By Practice Type
Practice type includes private clinic practice and public & corporate employment. These segments are further subdivided into sub-segments, and data available are only for the key market: U.S.
By Area of Work for Veterinarians
Quantitative data on the number of veterinarians who work with companion animals, food-producing animals, equines, and aquaculture and data availability for EU countries
Companion Animals/Food producing animals/Equine/Aquaculture
Numbers are based on the survey of veterinarians and vets are not exclusive of companion animals
Related Reports:
• U.S. Veterinarians Market Size, Share & Trends Analysis Report By Sector (Public, Private (Food Animal Exclusive, Companion Animal Exclusive, Mixed Animal, Equine, Others), Academics), And Segment Forecasts, 2022 - 2030
• Veterinary Services Market Size, Share & Trends Analysis Report By Animal Type (Production, Companion), By Region (North America, Latin America, APAC), And Segment Forecasts, 2021 - 2028
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#Veterinarians market#Veterinarians Industry#Veterinary industry statistics#Veterinary services market
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Animal Parasiticides Market by Application and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2022-2028
Global Animal Parasiticides Market was valued at USD 7.71 billion in 2021 and is expected to reach USD 10.99 billion by the year 2028, at a CAGR of 5.2%.
Animal parasiticides are referred to as antiparasitic, which are utilized for killing parasites infesting pets and livestock mainly. Parasiticidal products are produced by active ingredients with particular efficacies against specific parasites. These active ingredients are comprised of other inert or non-active ingredients to form a parasiticidal formation. The inert ingredients in the formulation are typically solvents such as alcohols & water, preservatives, stabilizers, and implants among others. The term `antiparasitic` suggested the active ingredient in the finished product or the finished product itself. Ectoparasiticides are utilized for removing external parasites such as mites, ticks, lice, flies, and fleas among others while endoparasiticides control internal parasites, including flukes, tapeworms, and roundworms. In addition, some of the endoparasiticides work effectively against parasitic worms, assuming that they are anthelmintics. There is another type of antiparasitic apart from these two, known as the endectocides, which control both internal and external parasites. Moreover, in different economies globally, most of the endoparasiticides are veterinary medicines and ectoparasiticides are pesticides.
The research covers factors impacting the top market participants as well as current technical breakthroughs. The study includes thorough statistical data to assist top organizations in better understanding the industry's operations. The report examines every major organization and actor involved in industrial growth, as well as providing a complete assessment of the competitive environment. In addition, the inquiry looks into market challenges, opportunities, constraints, development drivers, trends, and the company production network, among other things. It also provides information about each section's attractiveness, as well as its growth rate and market size, which aids in determining which segment to invest in or promote.
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Key Industry Players in the Animal Parasiticides Market:
· Bayer AG (Germany)
· Zoetis Inc. (US)
· Virbac SA (France)
· Elanco Animal Health (US)
· Elanco Animal Health Incorporated (US)
· Virbac (France)
· Merck & Co. Inc. (the US)
· Boehringer Ingelheim GmbH (Germany)
· Bimeda Animal Health (US)
· Merck Animal Health (US)
· Ceva Santé Animale (France)
· Vetoquinol S.A. (France)
· PetIQ Inc. (the US)
· Norbrook (Ireland) and other major players.
The importance of the animal parasiticides has been recognized for the protection and cure of the parasitic diseases in animals. Companies are coming with the various new formulations and products in the animal parasiticides market to eradicate the increasing prevalence of foodborne diseases. A growing awareness about animal healthcare, rapidly growing animal livestock and technological advancements over the past few years are expected to boost the growth of the global animal parasiticides market.
Segmentation Analysis Includes,
By Type:
· Ectoparasiticides
· Endoparasiticides
· Endectocides
By Animal Type:
· Companion Animals
· Livestock Animals
By End User:
· Animal Farms
· Home Care Settings
· Veterinary Clinics & Hospitals
By Distribution Channels:
· Veterinary Hospitals & Clinics
· Pharmacies
· Drug stores
By Region:
· North America (U.S., Canada, Mexico)
· Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
· Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
· Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
· South America (Brazil, Argentina, Rest of SA)
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Table of Content:
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2: Executive Summary
Chapter 3: Growth Opportunities By Segment
3.1 By Type
3.2 By Animal Type
3.3 By End User
3.4 By Distribution Channels
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
Continue…
In the optimistic scenario, the COVID-19 pandemic has positively impacted the animal parasiticides market. Because of the pandemic, there was an increase in dog and cat adoption from animal shelters in many developed and developing nations. This increased the demand for pet care products for a brief period. However, the abandonment of pet dogs and animal cruelty have also been reported amidst the pandemic due to rumors of animals as potential reservoirs of COVID-19.
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In a pessimistic scenario, it could be assumed that the COVID-19 pandemic has lowered the demand for animal care. As a result of the pandemic in most veterinary clinics & hospitals and pet care centers, footfall was limited due to infection control measures and nationwide lockdowns. This has resulted in most major players functioning at negligible capacity or even immobilized them completely.
Related Report: -
https://introspectivemarketresearch.com/reports/animal-feed-antioxidant-market/
https://introspectivemarketresearch.com/reports/animal-health-services-market/
https://introspectivemarketresearch.com/reports/prebiotics-in-animal-feed-market/
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Veterinary Hospitals Market Size, Share, Trends And Forecast 2030
The global veterinary hospitals market size is expected to reach USD 125.07 billion by 2030, registering a CAGR of 5.7% over the forecast period, according to a new report by Grand View Research, Inc. Boom in pet population is driving the market growth. As per the American Veterinary Medical Association, over the next 10 years, the number of dogs and cats in the U.S. is anticipated to increase substantially. The dog populace is likely to rise from 85 million in 2020 to over 100 million by 2030. While cat populace is likely to surge even more intensely, from 65 million to more than 82 million. This upsurge in the pet population will drive the market. Despite the difficulties and new ways of working formed by the COVID-19 pandemic, for numerous hospitals, client numbers are growing.
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In addition, veterinary practice activity in the U.S. has fluctuated, but in general, the demand remains high. According to the Veterinary Industry Tracker, revenue per practice was up 13.3% year-over-year (November 2020 to November 2021). Client visits were up 5.1% during the same period. In numerous households across the globe, pets are seen as a core member of the family. There is a growing trend of pet humanization, resulting in an increased average spend on pet healthcare. Thus, pet humanization is set to drive the sales of veterinary services. This trend will be led by the growing population of small animals along with economic growth in developing markets. Improvements in technology have advanced veterinary care.
Technology is becoming more affordable and more practices around the world can adopt MRI and CT scanners. Digital dental X-rays and innovative oral surgery instruments are allowing veterinarians to advance in oral care in companion animals. Constant developments further address health issues in pets not just within hospitals, but on an all-around basis for better care and prevention. Access to veterinary healthcare is relatively underprivileged in most developing countries and some developed nations. For instance, according to a survey conducted in 2020 by the Federation of Veterinarians of Europe, rural and remote areas of Ireland have a shortage of veterinarians. Similarly, England is also experiencing a shortage of veterinarians in rural areas. This may restrict the market growth to some extent.
Veterinary Hospitals Market Report Highlights
In terms of revenue, the medicine segment dominated the market in 2021. The high demand for animal products, such as chicken and milk, is encouraging farmers to adopt vaccinations for their animals to gain higher profitability
The surgery type segment is estimated to register lucrative CAGR over the forecast period due to the growing pet insurance & healthcare expenditure and rising cases of chronic diseases in pets
Companion animals dominated the animal type segment in 2021 due to the growing trend of pet humanization
The private sector segment led the market in 2021 due to the growing disposable income and willingness to pay premium prices for veterinary services among owners
Asia Pacific is expected to witness a lucrative CAGR over the forecast period owing to the increased vigilance about animal health and rapid urbanization
In February 2020, DCC (Dogs Cats & Companions) Animal Hospital announced the launch of a series of multi-specialty animal hospitals across India. These hospitals will be advanced and equipped with innovative infrastructure and medical expertise
Industry players are involved in strategic initiatives, such as business expansion, M&As, and geographic expansion to gain higher market shares
For instance, in June 2021, CVS Group announced the establishment of a new state-of-the-art specialist veterinary hospital in Bristol, which will open in 2022, with modern technology and treatments in all disciplines
Key Companies & Market Share Insights
The hospitals are constantly involved in strategic initiatives, such as regional expansion, mergers, acquisitions, and new service launches, to gain a higher market share. For instance, in February 2021, the CVS group announced the purchase of the Market Hall Vets, a first opinion practice functioning three locations across Carmarthenshire in southwest Wales. In May 2020, Greencross Vets introduced WebVet a 24/7 online consultation service. Thus, enhanced its service offering to Australia’s network of 1000 veterinary professionals. Some of the prominent players in the global veterinary hospitals market include: CVS Group PLC, Greencross Vets, Ethos Veterinary Health, Pets At Home Group PLC, Mars, Animal Hospital Inc., All Pets Animal Hospital, Cahaba Valley Animal Clinic, Blaine Central Veterinary Clinic, Belltowne Veterinary Center
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#Veterinary Hospitals Market Size#Veterinary Hospitals Market Share#Veterinary Hospitals Market Growth#Veterinary Hospitals Market Trends
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Veterinary Equipment And Disposables Market Positively Influenced By Growing By Companion Animal Population
The global veterinary equipment and disposables market size is expected to reach USD 4.4 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.8% from 2022 to 2030. Increasing pet health expenditure and growing concern among pet owners are driving the market. Advancement in veterinary equipment and growing initiatives by the industry players are boosting the growth.
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Companies are investing in the expansion of their manufacturing facilities, which is expected to positively influence the revenue over the forecast period. For instance, in June 2021, Veterinary Instrumentation (VI), announced an expansion in the U.S. market. With this expansion, VI is going to bring the support of the expert team to veterinarians and more than 4,000 professional veterinary instruments in the U.S. This initiative is expected to boost the company’s growth, as it allows brand development in North America.
Growth in the companion animal population is expected to increase the demand for better treatment options and boost the overall expenditure on pets. In addition, there is an increase in the demand for animal products in emerging economies, due to improving per capita income and living standards. This has raised concern for the health of livestock which is further fueling the market. Like other markets, the market for veterinary equipment and disposables has also been significantly affected. Some of the major negative impacts of COVID-19 on the market are supply chain disruptions and operational hurdles due to changing policies and restrictions.
#Veterinary Equipment And Disposables Market Size & Share#Veterinary Equipment And Disposables Market Growth Forecast#Veterinary Equipment And Disposables Industry Insights#COVID-19 Impacts On Veterinary Equipment And Disposables Market#Veterinary Equipment And Disposables Market Revenue Value#Global Veterinary Equipment And Disposables Market
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According to Nova one advisor, The U.S. Companion Animal Health market size was valued at US$ 4.85 billion in 2021 and is expected to hit US$ 11.45 billion by 2030, growing at a compound annual growth rate (CAGR) of 10.9% from 2022 to 2030.
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According to Nova one advisor's latest report, titled U.S. Companion Animal Health Market Size: Industry Trends, Share, Growth, Opportunity and Forecast 2022-2030," the U.S. Companion Animal Health market reached a value of US$ 4.85 Billion in 2021. Looking forward, Nova one advisor expects the market to reach a value of US$ 11.45 Billion by 2030, exhibiting a CAGR of 10.9% during 2022-2030.
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