Global Veterinary Healthcare Market Types, Application and Forecasts 2021

Posted by Kavita on March 22nd, 2021

Bharat Book Bureau Provides the Trending Market Research Report on “Veterinary Healthcare Global Market Report 2021” under Life Sciences Category. The report offers a collection of superior market research, market analysis competitive intelligence and Market reports.

Global Veterinary Healthcare Market Report 2021: COVID 19 Impact and Recovery to 2030 from The provides the strategists, marketers and senior management with the critical information they need to assess the global veterinary healthcare market as it emerges from the Covid 19 shut down.

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• Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.

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Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.

• Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.

• Create regional and country strategies on the basis of local data and analysis.

• Identify growth segments for investment.

• Outperform competitors using forecast data and the drivers and trends shaping the market.

• Understand customers based on the latest market research findings.

• Benchmark performance against key competitors.

• Utilize the relationships between key data sets for superior strategizing.

• Suitable for supporting your internal and external presentations with reliable high quality data and analysis

• Report will be updated with the latest data and delivered to you within 3-5 working days of order.

Description:

Where is the largest and fastest growing market for the veterinary healthcare? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Veterinary Healthcare market global report from the answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider veterinary healthcare market, and compares it with other markets.

• The market characteristics section of the report defines and explains the market.

• The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the Covid 19 virus and forecasting its recovery.

• Market segmentations break down market into sub markets.

• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of Covid 19 for all regions, key developed countries and major emerging markets.

• Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.

• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

• The veterinary healthcare market section of the report gives context. It compares the veterinary healthcare market with other segments of the veterinary healthcare market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, veterinary healthcare indicators comparison.

Scope

Markets Covered: 1) By Type: Veterinary Services; Veterinary Medical Equipment; Animal Medicine

2) By Distribution Channel: Supermarkets/Hypermarkets; Convenience Stores; E-Commerce; Others

3) By Nature: Organic; Conventional

Subsegments Covered: Animal Hospitals And Veterinary Clinics; Veterinary Laboratory Testing Services; Veterinary Diagnostic Equipment; Veterinary Anesthesia Equipment; Veterinary Patient Monitoring Equipment; Other Veterinary Medical Equipment; Veterinary Pharmaceuticals; Feed Additives

Companies Mentioned: Bayer AG; Boehringer Ingelheim GmbH; Cargill Inc.; Ceva Santé Animale; Eli Lilly and Company

Metrics Covered: Number of Enterprises; Number of Employees

Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam

Regions:

Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, veterinary healthcare indicators comparison.

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Major companies in the veterinary healthcare market include Bayer AG; Boehringer Ingelheim GmbH; Cargill Inc.; Ceva Santé Animale and Eli Lilly and Company.

The global veterinary healthcare market is expected to grow from 7.69 billion in 2020 to 7.18 billion in 2021 at a compound annual growth rate (CAGR) of 15.3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach 2.68 billion in 2025 at a CAGR of 6%.

The veterinary healthcare market consists sales of veterinary healthcare goods and services by entities (organizations, sole traders and partnerships) associated with diagnosis, treatment and prevention of diseases in animals. This industry includes establishments that provide veterinary services, veterinary medical equipment producers and animal medicine producers. The veterinary healthcare market is segmented into veterinary services; veterinary medical equipment and animal medicine.

North America was the largest region in the global veterinary healthcare market, accounting for 53% of the market in 2020. Western Europe was the second largest region accounting for 21% of the global veterinary healthcare market. Africa was the smallest region in the global veterinary healthcare market.

Nanotechnology is increasingly gaining traction in the animal medicine market as a substitute of veterinary antibiotics to tackle antibiotic resistance. Nanotechnology is the study of the controlling matter on an atomic and molecular scale. Nanotechnology in the animal medicine industry is used to improve diagnosis, treatment, animal growth promotion, and production. Nanoparticles are mainly used as alternative antimicrobial agents to reduce the use of antibiotics and improve the detection of pathogenic bacteria. They are also used as drug delivery agents for new drugs and vaccines candidates to improve their characteristics and performance, and to reduce drug resistance in animal organisms.

The outbreak of Coronavirus disease (COVID-19) has acted as a massive restraint on the veterinary healthcare market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID 19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of 'lock down' and the outbreak is expected to continue to have a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the veterinary healthcare market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy.

The global meat production is expected to rise in the forecast period, supporting the growth of the veterinary healthcare market. According to the US Department of Agriculture, in 2020, the beef production in the USA is expected to increase to 27.5 billion pounds, the highest production volume registered in the country. The rising meat production is especially prominent in developing countries such as China, India and Brazil, where increasing population and rising income levels are stimulating the demand for meat products. By 2027, the production of meat and poultry in emerging markets is expected to increase by 76%. By 2050, China's meat imports are expected to grow over 3,500% to 0 billion as consumption of chicken, pork and beef will surge due to the country's rising middle class. The rising production of meat products supported by growing population will increase the demand for feed additives in the livestock industry, driving the veterinary healthcare market.

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Kavita

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Kavita
Joined: June 10th, 2019
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