Global shifts in the veterinary equipment segment underscore the expanding demand for advanced and efficient diagnostic and treatment tools. The growth can largely be attributed to a surge in pet adoption rates, higher spending on pet care, and a notable increase in veterinary hospitals and clinics. Furthermore, technological advancements in...
Discover more insightsThe market for veterinary clinics and animal hospitals has shown consistent growth over the years thanks to the increasing adoption of pets and the subsequent demand for their medical care. However, it was not exempt from the economic effects of the recent pandemic, facing operational disruptions and slow-downs particularly in...
Discover more insightsThe market for antibiotics catering to animal health has been witnessing a dynamic pattern of growth. Fueled by increasing demand for animal protein, particularly in developing economies, and the subsequent rise in livestock farming, consumption of veterinary antibiotics is on the rise. However, this growth is being moderated by the...
Discover more insightsThe expanding attention to pet health and wellness, notably regarding vision, signals an upward trend in this niche market. As pet ownership increases globally and particularly in developed economies, so does the demand for specialist services such as ophthalmologic treatments for animals. This allied with the proliferation of advanced veterinary...
Discover more insightsThe market for companion animal healthcare has been showing steady expansion, fueled by increases in pet ownership and growing awareness about animal health. The emphasis on preventive health measures, such as regular check-ups and vaccinations, plays a crucial part in the sector's growth. Additionally, advances in animal health care technology,...
Discover more insightsRecent trends in the animal health sector showcase a steady shift towards preventive treatments. This shift is being spearheaded by the advent of anti-infectives and parasiticides. These pharmaceutical innovations, fueled by advancements in biotechnology and pharmacology, are poised to define the future of veterinary pharmaceuticals. Rising occurrence of zoonotic and...
Discover more insightsIn the realm of animal healthcare, the infusion of technological advancements has offered a novel therapeutic approach for treating malignant and benign growths. Stereotactic Radiosurgery Systems (SRS) pivot on this revolution. In veterinary practice, SRS is a non-invasive treatment that uses high-dose radiation beams to ablate tumors, embracing precision and...
Discover more insightsThe market segment of drugs for non-productive animals (pets such as dogs, cats, and horses) is evolving rapidly, with growth driven by factors like sudden surge in pet adoption and pet humanization trends, as well as by high prevalence of zoonotic and foodborne diseases globally. More than ever, people are...
Discover more insightsThe increasing prevalence of diabetes among pets worldwide has fueled growing interest in the industry for pet diabetes care. Pet parents around the globe, especially in developed markets, have shown willingness to invest in the wellbeing of their pets, leading to the emergence of various market participants offering innovative solutions...
Discover more insightsThe market segment of studies focusing on early-stage animal behavior is a dynamic and untapped sphere with promising potential. This scientific discipline remains crucial in evaluating the safety and effectiveness of new drugs and treatments before their transition to clinical trials. The demand for enhanced and innovative drug development tools...
Discover more insightsThe horse health sector is demonstrating an increasingly critical role within the broader context of veterinary medicine. The rise in equine activities for sport, leisure, and therapeutic purposes is contributing to a growing demand for this specialized care. The industry, however, faces the challenges of complex diseases and high healthcare...
Discover more insightsRising livestock population and increasing awareness about animal health are key factors driving the demand for these products. Consequent global demand for meat and dairy products, hikes the need for healthy livestock, escalating the use of disinfectants and parasiticides. Government regulations are also key in contagion containment measures among animals,...
Discover more insightsEver-increasing pet ownership and the rising incidence of skin diseases in animals suggest a pattern of growth in the market for veterinary dermatology drugs. Additionally, significant advancements in veterinary drug development provide a dynamic and evolving landscape, with increased attention towards meeting unmet dermatological needs of animal systems. This is...
Discover more insightsChanging market dynamics, largely driven by advancements in veterinary diagnostics technology and surges in pet ownership, significantly impact the veterinary reference laboratory sector. The increased understanding of animal diseases, spurred by comprehensive diagnostic tests, has catalysed growth for laboratories in this field. Concurrently, heightened demand has arisen from pet owners...
Discover more insightsFocused on pharmaceutical ingredients used in veterinary medicine, the veterinary active pharmaceutical ingredients (API) market is a noticeable segment in the pharmaceutical industry. As of the last report, the global market illustrated substantial volume, driven mainly by the growing pet adoption, coupled with increased spending on animal health. Institutions like...
Discover more insightsThe global veterinary API market is invigorated largely by the escalating demand for quality veterinary medication. The surge in pet ownership and growing awareness about zoonotic diseases have incited the demand for effective veterinary drugs. Additionally, progressing livestock farming necessitates advanced veterinary pharmaceuticals to thwart the contagion and proliferation of...
Discover more insights