Animal Health Market Projected Growth Rate Through 2023-2032Posted by ramtbrc on November 8th, 2023 The Animal Health Global Market Report 2023, provides comprehensive information on the animal health market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Animal Health Market’s Growth: https://www.thebusinessresearchcompany.com/report/animal-health-global-market-report As per The Business Research Company’s Animal Health Global Market Report 2023, the global animal health market size is expected to grow from .95 billion in 2022 to .99 billion in 2023 at a compound annual growth rate (CAGR) of 8.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global animal health market size is expected to reach .17 billion in 2027 at a CAGR of 8.31%. Get A Free Sample Of The Report (Includes Graphs And Tables): https://www.thebusinessresearchcompany.com/sample_request?id=9893&type=smp Technological advancements are the key trends gaining popularity in the animal health market. Major market players are concentrating their efforts on introducing new and advanced technologies to strengthen their position in the market. For instance, in April 2022, Elanco Animal Health Incorporated, a US-based animal health company, and Ginkgo Bioworks, a US-based biotechnology company, launched October 2022, Merck Animal Health, a US-based company that develops, manufactures, and markets a broad range of veterinary medicines and services launched Animo GPS, an activity and behaviour monitor for dogs with GPS tracking capabilities. The product enables real-time tracking with position updates starting every five seconds when in "Lost Dog Mode" and may notify pet owners within 20 seconds if their dog exits its assigned "Safe Zone." Smart technology is used by Animo GPS to track a dog's individual activity levels and behaviour within an intuitive mobile app. Data on barking, scratching, shaking, and sleep duration are all recorded by the device. If there are any major changes in these behaviours, it can utilize an adaptive algorithm to analyze this information and issue an alert via the app The animal health market is segmented: 1) By Product: Vaccines, Pharmaceuticals, Medicinal Feed Additives, Diagnostics, Equipment And Disposables, Other Products 2) By Animal Type: Commercial, Companion 3) By Route Of Administration: Oral, Parenteral, Topical 4) By End-User: Veterinary Hospitals And Clinics, Animal Care And Rehabilitation Centers, Diagnostic Centers North America was the largest region in the animal health market in 2022. The table of contents in TBRC’s animal health market report includes: 1. Executive Summary 2. Animal Health Market Characteristics 3. Animal Health Market Trends And Strategies 4. Animal Health Market - Macro Economic Scenario 5. Animal Health Market Size And Growth . 27. Animal Health Market Competitive Landscape And Company Profiles 28. Key Mergers And Acquisitions In The Animal Health Market 29. Animal Health Market Future Outlook and Potential Analysis 30. Appendix
Learn About Us:
Contact Us: Asia: +91 88972 63534 Americas: +1 315 623 0293 Like it? Share it! More by this author |