Title: Veterinary Healthcare Global Market to Burgeon Via Soaring Animal Care Demands - Ken Research
1Veterinary Healthcare Global Market to Burgeon
Via Soaring Animal Care Demands - Ken Research
2Veterinary Healthcare is the term that covers
both veterinary medical as well as remedial care
services. It is majorly inclusive of veterinary
services, animal medicines and veterinary medical
equipments.
3- The industry research report titled, Veterinary
Healthcare Global Market Report 2018Including
Veterinary Services Veterinary Medical
Equipment Animal Medicine Covering Bayer AG,
Boehringer Ingelheim GmbH, Cargill Inc., Ceva
Sante Animale, Eli Lilly and Company offers a
detailed information to its users including
strategists, marketers and senior management
persons which is necessary for evaluating the
global veterinary healthcare market. It very
well provides all the relevant data about
competitive environment among animal health
companies in the veterinary healthcare market
along with an insight of the major companies and
their products in the industry. - The report majorly caters to the markets, namely-
Veterinary Services Veterinary Medical
Equipment Animal Medicine in regions including
Asia-Pacific, Western Europe, Eastern Europe,
North America, South America, Middle East and
Africa. The industry possesses a large number of
players and thereby appears
4to be greatly fragmented. Bayer AG, Boehringer
Ingelheim GmbH, Cargill Inc., Ceva Santé Animale,
Eli Lilly and Company have been witnessed as the
global key players of this industry. The global
veterinary healthcare market has managed to
register a valuation amount of nearly USD 27
billion in the year 2017 wherein USA has been the
largest country enjoying a share of nearly 0.4
of the overall global veterinary healthcare
market. In geographical terms, the Americas have
been noticed as accounting for a major share in
the global market because of availability of big
pharmaceutical companies in a good amount in
these regions. It is further anticipated that the
market will showcase growth in the Americas as
the years roll by since nearly 9 in 10 Americans
are foreseen to regard their pet as a part of
their family and thereby spend on animal
healthcare without any frugality via growing
animal care awareness.
5The most recent trend that has led to an
affirmative growth of the industry is none other
than rising animal healthcare awareness. With
the advent of rising awareness, the world is
becoming much more knowledgeable in this matter
via means of electronic, print, or digital media.
Moreover, a good number of market vendors and
governments have recently come up with ideas like
animal health awareness campaigns, for instance
an animal awareness campaign known as a healthy
pet a happy family recently supported the pet
owners in suspecting warning signs of diabetes
among their pets if any. Hence as a result, the
pet owners as well as animal farmers have been
lately observed as amplifying their levels of
awareness around animal health and they are well
encouraged to take their pets to the veterinary
doctor at veterinary health center at regular
intervals. With the continuation of concern
building among people, the global veterinary
healthcare market is sure to register huge
amounts of revenue and thus relish success in the
coming future.
6- Also, it has been noticed that a rise in the
ownership of animals in the recent past has been
one of the significant drivers for this market.
Dogs have remained the most popular type of pet
with almost two in five households owning a dog
and the cats have been the next most common type
of pet with nearly three in 10 households owning
a cat. The reasons behind an augmentation in this
trend for animal ownership have been witnessed as
- mushrooming needs for companionship
entertainment coupled with significantly rising
disposable incomes over the years. Even, the
advancing popularity of participation of animals
in sports like racing, one-on-one and team
events, hunting, and fighting has further plunged
the need for optimally performing animals in such
sports, which again spurs the demand for
ameliorated animal health care services. - Lately, the pet insurance industry has started
providing new product lines for veterinary
services in the developed markets. Such an
7- insurance cover is expected to aid the pet owners
by discovering a variety of treatment options
available, ultimately ensuring better healthcare
of animals. - The global animal healthcare market is foreseen
to expand to about USD 32.04 billion by 2022 due
to propelling demand for veterinary diagnostics,
amplifying expenditure on animal health and pet
insurance, high adoption of pets and increasing
number of vet practitioners around the world in
the years to come. Therefore, the veterinary
healthcare services market on a whole is all set
to proliferate in the future years through such
positive demand drivers. - Key topics covered in this report
- Veterinary Healthcare Global Market Research
Report - Global Health and Awareness Market Analysis
- Veterinary Healthcare Global Market Demand
Drivers - Veterinary Imaging Global Market Size and
Insights
8- Global Animal Healthcare Market Research Report
- Veterinary Health Support System Industry Trends
- Veterinary Healthcare Global Market Size
- Global Evolving Demand for Veterinary Doctors
- Healthcare Services Global Market Upcoming
Opportunities - Veterinary Imaging Industry Future Outlook
- To know more about the research report
- https//www.kenresearch.com/agriculture-and-animal
-care/animal-care/veterinary-healthcare-global-mar
ket-report/143759-104.html - Related Reports
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-care/animal-care/animal-and-pet-food-global-marke
t-report/143613-104.html Contact Us Ken
Research Ankur Gupta, Head Marketing
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