Title: Pet Cancer Therapeutics industry analysis research and trends report for 2017-2024
1Pet Cancer Therapeutics Market forecast to reach
300mn by 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2Key Insights from Pet Cancer Therapeutics Market
- Growing pet adoption rate coupled with increasing
disposable income of pet owners will drive pet
cancer therapeutics market growth. Strong and
robust drug pipeline for treatment of pet cancer
will stimulate business growth over the forecast
years. - High cost of pet cancer drugs along with rising
instances of adverse drug events should hamper
industry growth over the forecast years. Lack of
awareness regarding pet diseases among the pet
owners will impede industry expansion. - Chemotherapy has been the mainstream medication
for pet cancers till recent times. - Dogs are more prone to develop cancer than cats
and the healthy pipeline will drive segment
growth over the forecast years. However,
introduction of specialized cat cancer medicines
will stimulate the cat cancer therapeutics market
growth. - Pet healthcare companies are focusing on
development of drugs for mast cell cancer and
melanoma among other cancer types.
3Continued...
- This trend will witness change as medicines to
treat lymphoma and mammary cell cancer are in the
pipeline. Innovative medicines for treatment of
multiple cancer tumors is anticipated to
accelerate business growth. - U.S. pet cancer therapeutics market holds the
largest revenue share in 2016. Presence of large
number of pet drug manufacturing companies, quick
adoption of innovative pet care medicines and
increasing disposable income of pet owners will
boost industry growth. - Australia pet cancer therapeutics market held
highest regional revenue share in 2016 owing to
growing pet-keeping trend, availability of
innovative pet care medicines and increasing
disposable income of pet owners. - Some of the leading industry players include
Zoetis, Merial, Aratana Therapeutics, AB Science,
Vetivax, Oasmia Pharmaceutical, VetDC, Regeneus,
CanFel Therapeutics, Karyopharms Verdinexor. - The most commonly adopted business strategies by
industry participants includes new product
launches, regional expansion and mergers and
acquisition.
4U.S Pet cancer therapeutics market, by medicine
type, 2013 - 2024 (USD Million)
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