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Global Animal Health Market Size, Share & Trends Analysis Report (2019-2026): Vaccines are Expected to Exhibit Lucrative CAGR – ResearchAndMarkets.com

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DUBLIN–(BUSINESS WIRE)–The “Animal
Health Market Size, Share & Trends Analysis Report By Animal Type, By
Product, By Distribution Channel (Retail, E-commerce, Hospitals &
Clinics), By End Use, And Segment Forecasts, 2019 – 2026”

report has been added to ResearchAndMarkets.com’s
offering.

The global animal health market size is expected to reach USD 69.44
billion by 2026. It is anticipated to register a CAGR of 5.7% during the
forecast period.

Ongoing technological advancements in veterinary care are anticipated to
serve future growth opportunities to the market. For instance,
MediLabSecure, a laboratory network project, was initiated with an aim
to identify emerging viruses and pathogens in 19 countries in the
Mediterranean region. In addition, emergence of veterinary health
information systems, specifically in the developed economies, is
expected to provide high growth potential in future.

The data generated through these health information systems in
veterinary clinics can be uploaded on the internet, which can be further
shared with other researchers and clinicians. Incorporation of this
technology will facilitate real-time analysis of fluctuations in disease
prevalence. As a result, it is presumed that there will be significant
improvement in the overall demand for animal health products, which is
anticipated to fuel the animal health market as well as the revenue to
unprecedented heights.

The companion animal segment is anticipated to witness exponential
growth over the forecast period. Rise in adoption of companion animals
owing to various advantages such as lowered blood pressure, greater
psychological stability, and reduced anxiety attacks are anticipated to
create growth opportunities for the market over the forecast period.

In terms of regions, the Asia Pacific region is projected to expand at
an exponential CAGR in the forthcoming years. Rising clinical urgency to
curb high prevalence of zoonotic diseases and efforts towards management
of disease outbreaks, such as swine influenza and Ebola is expected to
create growth opportunities for the regional market in near future.

The retail channels and e-commerce platform is projected to hold a
significant market share in the forthcoming years. Factors, such as high
convenience associated with online pharmacies and increasing number of
retail pharmacies is projected to bode well for the segment growth.

Further Key Findings:

  • Vaccines are expected to exhibit lucrative CAGR over the forecast
    period due to significant increase in adoption of companion animals
    driving the need for long-term health
  • Hospital pharmacy segment held a substantial market share in 2018
    owing to increasing number of hospital pharmacies coupled with high
    procedural volume as a consequence of frequent readmission of pets for
    treatment
  • Point-of testing is fastest growing end use of animal health products
    due to increase in demand for highly productive animals and growing
    investment for R&D for novel animal products
  • In 2017, North America accounted for the largest share of the global
    animal health market owing to the presence of established
    pharmaceutical companies, consistently striving for extensive
    commercialization of products
  • The key participants employ sustainability strategies, such as
    expanding product portfolio to gain competitive advantage. For
    instance, In March 2016, Merial entered into distribution agreement
    with Zoetis, Inc. to expand the dairy product portfolio in India

Topics Covered

Chapter 1 Research Methodology & Scope

1.1 Market Segmentation & Scope

1.2 Market Definitions

1.3 Model Details

1.4 Information Procurement

1.5 Information or Data Analysis

1.6 Market Formulation & Validation

Chapter 2 Executive Summary

2.1 Market Outlook

2.1.1 Animal Health Market Outlook, 2014 – 2026 (USD Million)

2.2 Segment Outlook

2.3 Competitive Outlook

2.3.1 Animal Health Market Summary, 2018

Chapter 3 Animal Health Market Variables, Trends & Scope

3.1 Market Lineage Outlook

3.2 Penetration & Growth Prospect Mapping

3.3 Product Pipeline Analysis

3.4 Industry Value Chain Analysis

3.5 Technology Timeline Overview

3.6 Regulatory Framework

3.7 Animal Health Market dynamics

3.7.1 Market driver analysis

3.7.1.1 Increase in government initiatives

3.7.1.2 Rapid technological advancements

3.7.2 Market restraint analysis

3.7.2.1 Increasing influx of counterfeit drugs

3.7.3 Industry Challenges

3.7.3.1 Lack of standardization

3.8 Animal Health Market Analysis Tools

Chapter 4 Animal Health Market: Competitive Analysis

4.1 Recent Developments & Impact Analysis, By Key Market Participants

4.2 Vendor Landscape

4.3 Public Companies

4.4 Private Companies

Chapter 5 Animal Health Market: Animal Type Estimates & Trend Analysis

5.1 Definitions & Scope

5.2 Animal Type Market Share Analysis, 2018 & 2026

5.3 Animal Type Dashboard

5.4 Global Animal Health Market, by Animal Type, 2014 to 2026

5.6 Production Animal

5.7 Companion Animal

5.8 Animal Type Markets, by Product, 2014 to 2025

Chapter 6 Animal Health Market: Product Estimates & Trend Analysis

6.1 Definitions & Scope

6.2 Product Market Share Analysis, 2018 & 2026

6.3 Product Dashboard

6.4 Global Animal Health Market, by Product, 2014 to 2026

6.5 Vaccines

6.6 Pharmaceuticals

6.7 Feed Additives

6.8 Diagnostics

Chapter 7 Animal Health Market: Distribution Channel Estimates & Trend
Analysis

7.1 Definition & Scope

7.2 Distribution Channel Market Share Analysis, 2018 & 2025

7.3 Distribution Channel Dashboard

7.4 Animal Health Market by Distribution Channel 2014 to 2025

7.5 E-commerce

7.6 Veterinary Hospitals & Clinics

Chapter 8 Animal Health Market: End Use Estimates & Trend Analysis

8.1 Definitions & Scope

8.2 End Use Market Share Analysis, 2018 & 2025

8.3 End Use Dashboard

8.4 Animal Health Market by End Use, 2014 to 2025

8.5 Reference Laboratories

8.6 Point-of-care Testing/In-house Testing

8.7 Veterinary Hospitals & Clinics

8.8 Others

Chapter 9 Animal Health Market: Regional Estimates & Trend Analysis, by
Animal Type, Product, Distribution Channel, End Use

9.1 Regional Market Snapshot

9.2 Regional Market Share and Leading Players, 2018

9.3 SWOT Analysis, by Factor (Political & Legal, Economic and
Technological)

9.4 North America

9.5 Europe

9.6 Asia Pacific

9.7 Latin America

9.8 MEA

Chapter 10 Company Profiles

10.1 List of companies in Animal Health Market

10.2 Merck Animal Health

10.3 Ceva Sant Animale

10.4 Vetiquinol S.A.

10.5 Zoetis

10.6 Boehringer Ingelheim GmbH

10.7 Bayer AG

10.8 Elanco

10.9 Nutreco N.V.

10.10 Virbac

Chapter 11 Recommendations

For more information about this report visit https://www.researchandmarkets.com/research/v92cjc/global_animal?w=4

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Related
Topics: Animal
Healthcare/Veterinary

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