Animal Health Market Projected To Expand At A CAGR Of 5.7% For The Forecast Period From 2019 To 2026 : Grand View Research Inc.
San Francisco, 17 July 2019: The Report Animal Health Market Size, Share & Trends Analysis Report By Animal Type, By Product, By Distribution Channel (Retail, E-commerce, Hospitals & Clinics), By End Use, And Segment Forecasts, 2019 – 2026 The global animal health market size is expected to reach USD 69.44 billion by 2026, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 5.7% during the forecast period. Ongoing technological advancements in veterinary care are anticipated to serve future growth opportunities to the market. For instance, MediLabSecure, a laboratory network project, was initiated with an aim to identify emerging viruses and pathogens in 19 countries in the Mediterranean region. In addition, emergence of veterinary health information systems, specifically in the developed economies, is expected to provide high growth potential in future. The data generated through these health information systems in veterina