Key Trends in the Animal Healthcare Sector - PowerPoint PPT Presentation

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Key Trends in the Animal Healthcare Sector

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The animal health care industry is involved in producing and selling products and services, ensuring the good health of animals, including household pets and food-producing animals. – PowerPoint PPT presentation

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Title: Key Trends in the Animal Healthcare Sector


1
Key Trends in the Animal Healthcare Sector
The animal health care industry is involved in
producing and selling products and services,
ensuring the good health of animals, including
household pets and food-producing animals.
Parasiticides, antimicrobials, antibiotics,
vaccines, growth promoters, feed additives,
wearable tech, monitoring devices, and diagnostic
products are examples of animal healthcare
products whose development requires in-depth
animal health research. Furthermore, with the
rise in zoonotic diseases and upgradation in
technology adoption, the animal health industry
is witnessing exciting changes. Players in the
animal healthcare market, read along as we
discuss three trends in the animal health
industry that you cant ignore. Vision for
Sustainability Economies have started
recognizing the importance of livestock
production and animal health in the overall human
and environmental well-being a concept known
as One Health. This concept is also being
pushed by. The UN is also pushing this concept
through the Food Systems Summit, highlighting
animal health in its plan to enhance food
security. As a result, there is an increased
focus on preventing the loss of livestock due to
diseases and promoting sustainable farming and
animal welfare, necessitating effective
pharmaceutical products development. But this
vision of sustainability cant be materialized
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without sincere efforts in animal health market
research. Animal health research firms are
helping healthcare industry players conduct
research and analyze animal health data across
different regions. Breakthroughs in Vaccine
Technology Some of the advancements in vaccine
technology boosting vaccine accessibility in
animal health care market are 1) Mass
production of novel mRNA type vaccines to prevent
infectious
diseases in livestock and companion animal 2)
Development of heat-resistant vaccines for usage i
n
sector. tropical virus.
countries for treating plague, rinderpest and catt
le
3) Innovation in vaccine delivery methods such as
using conveyor belts to vaccinate day-old chicks
and vaccinating through the eggshell pre-
hatching increasing vaccine coverage. Adoption
of Online Digital Health Solutions The COVID-19
pandemic and social distancing norms pushed
veterinarians and pet owners toward telemedicine
solutions. Digital health solutions are paving
the way for adopting tech-driven solutions in
animal care. For example, studies suggest that
56 of pet owners already have pet-specific
technology to track/monitor their pets'
behavior. Such apps, wearable technologies, and
AI integration could be invaluable in veterinary
care. AI-based technologies would allow
veterinarians to quickly make sense of reams of
clinical data to diagnose and make
treatment-related decisions. It will save time and
3
boost pet care. Other 'futuristic' technologies,
such 3D printing, is being used to create
implants, prosthetic limbs, and even tissue
replacements for pets. Veterinarians are
increasingly using 2D images to generate
practice models in preparation for surgery. The
RD behind technologies like these is dependent
on animal health research firms mining valuable
data from the animal health market. Conclusion H
ealthy animals are essential for a healthy
biosphere. Diligent efforts are required to
produce effective animal healthcare products and
services. With the aligned goal of robust animal
healthcare, it is the onus of the animal
healthcare industry to develop preventative
measures to keep animals healthy and limit
disease spread within an animal population. If
you are in the animal healthcare market looking
to capitalize on actionable and in-depth
insights on animal health, hire a healthcare
market research agency with domain expertise in
animal health research and an experienced panel
of KOLs.
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