Product ID: SQMIG25R2002
Global Companion Animal Health Market Size, Share, Growth Analysis, By Animal Type(Dog, Cats), By Product(Therapeutics, Diagnostics), By Distribution Channel(Retail, E-Commerce), By End User(In House Testing, Veterinary Hospitals) - Industry Forecast 2024-2031
Report ID:
SQMIG25R2002 |
Region:
Global |
Published Date: February, 2024
Pages:
165
|
Tables:
116 |
Figures:
77
Global Companion Animal Health Market Regional Insights
Due to the increasing pet population, rising investment in the healthcare sector, and the presence of top healthcare service providers, North America held the greatest revenue share of more than 40% in 2021 and is anticipated to hold the lead during the forecast period. Additionally, the rise of the animal healthcare market in this region is projected to be fueled by technology advancements, increase in pet ownership, and increase in the frequency of zoonotic diseases.
Due to factors including increasing pet ownership and expanding public awareness of pet health & treatment, the Asia Pacific region is anticipated to have the quickest rate of growth in the market from 2022 to 2028. Major players in the animal healthcare industry are believed to have contributed to this region's quick expansion through their ongoing investments in research and development as well as their efforts to supply branded and generic medications at competitive prices. Pet owners in Australia and Japan are more conscientious of quality and more aware of pet items. They differ from the majority of the other countries in the region in terms of their purchasing habits and social cultures..
Global Companion Animal Health Market Report Snapshots
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