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Showing posts with the label Animal Health Market Size

Animal Health Market Estimated At USD 112.36 Billion By 2030

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  San Francisco, 9 Jan 2024:  The Report  Plastic Compounding Market  Size, Share & Trends Analysis Report By Product (PP, PET, TPV, TPO, PVC, PBT, ABS), By Application (Automotive, Electrical & Electronics, Construction), By Region, And Segment Forecasts, 2023 - 2030 The global animal health market size is expected to reach USD 112.36 billion by 2030, expanding at 8.8% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc. The market is driven by increased investments in animal health R&D, increased diagnostic rates, initiatives by key companies, and increased animal health expenditure. The market has also remained largely resilient during the COVID-19 pandemic. The market especially for the companion animal segment was positively impacted during late 2020 and 2021, due to increased pet adoption rates, pet humanization trends, and improved overall diagnostics business sales with increased awareness among pet parents. During 2022 and 2023 however, ma

Animal Health Market to Witness a Significant Growth of USD 88.6 Billion By 2028

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  San Francisco, 18 Feb 2022:  The Report  Animal Health Market  Size, Share & Trends Analysis Report By Animal Type (Production, Companion), By Product (Pharmaceuticals, Diagnostics), By Distribution Channel, By End-use, By Region, And Segment Forecasts, 2021 - 2028 The global animal health market size is expected to reach USD 88.6 billion by 2028, registering a CAGR of 9.0% over the forecast period, according to a new report by Grand View Research, Inc. The market is driven by technological advancements in veterinary care, which are anticipated to offer the market future growth opportunities. For instance, MediLabSecure, a laboratory network project (2014-2021), was initiated to identify emerging viruses and pathogens in 19 countries in the Mediterranean regions. In addition, the emergence of veterinary health information systems, specifically in developed economies, is expected to provide high growth potential in the future. With the help of these systems, data generated in vete

Animal Health Market To Expand Industry Growth At USD 88.6 Billion By 2028

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  San Francisco, 14 Sep 2021:   The Report  Animal Health Market  Size, Share & Trends Analysis Report By Animal Type (Production, Companion), By Product (Pharmaceuticals, Diagnostics), By Distribution Channel, By End-use, By Region, And Segment Forecasts, 2021 - 2028 The global animal health market size is expected to reach USD 88.6 billion by 2028, registering a CAGR of 9.0% over the forecast period, according to a new report by Grand View Research, Inc. The market is driven by technological advancements in veterinary care, which are anticipated to offer the market future growth opportunities. For instance, MediLabSecure, a laboratory network project (2014-2021), was initiated to identify emerging viruses and pathogens in 19 countries in the Mediterranean regions. In addition, the emergence of veterinary health information systems, specifically in developed economies, is expected to provide high growth potential in the future. With the help of these systems, data generated in vet

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