The
report titled “Animal Medicine Global Market
Report 2018”, provides a comprehensive analysis of global
animal
medicine market, stem cell therapy, animal specialty drugs, animal specialty
drugs leading players, investments in R&D, factors affecting the growth of
animal drugs, animal health products, and future of global animal medicine.
Industry Overview:
Global
veterinary market offers huge opportunities for growth in pharmaceutical,
medical and service companies due to the global increase in pet numbers and
expenditure. Majority of the animal medicines available globally are used at
veterinary clinics to control and treat animal diseases. Global veterinary
pharmaceutical companies produce both generic and branded animal drugs for
various treatments. Almost all the veterinary pharmaceutical producers are using
Stem Cell Therapy as an animal medicine because it has excellent capabilities
of healing arthritis and animal injury. The process of injecting stem cell into
the body of the animal to replace the damaged cells is termed as stem cell
therapy and the injected stem cells acquires the property of the cell that has
to be replaced. These cells divide themselves into many cells as required by
the animal body. This therapy is used to treat bone injury, ligament injury,
kidney diseases, liver disease and various kinds of skin diseases.
Animal Specialty Drugs: Animal
specialty drugs are more prominent now-a-days such as vaccines, antibiotics,
parasiticides, feed additives, and others. They are available at veterinary
hospitals, pet care clinics, and pharmacy stores across all regions globally. The
leading players in the global animal specialty drugs market are Bayer, Elanco,
Merial, and Zoetis. Preventive healthcare in animals also includes periodic
examination of animals, dental care, prophylaxis for various
infections, and risk factor assessment, nutrition, and vaccinations. Globally
pet lovers are aware about the need for disease prevention and better animal
specialty drugs for medications, treatment, and care for pets or animals.
Veterinary
drugs manufacturers are focusing on the development of novel drugs for animals
by investing heavily in R&D activities. Toxoid vaccines, attenuated live
vaccines, inactivated vaccines, conjugate vaccines, recombinant vaccines, and
DNA vaccines are the various types of animal medicines or vaccines. Veterinary
hospitals provide a range of healthcare services such as diagnosis,
prophylaxis, medical treatment, and surgery to the animals. The animal
specialty drugs market is witnessing a continuous growth due to the
availability of animal medicines globally, increase in disposable incomes of
pet owners and economic development that contribute to the growth of the animal
medicine market.
Global Animal Health Products: The global animal antibacterial and antibiotics
market is consists of animal health products which enhance the quality of life of animals. This market has witnessed a drastic growth over the past
years and is still continuing. The leading vendors in the global animal
antibacterial and antibiotics market are Zoetis, Merck Animal Health, Merial,
Elanco, and Bayer HealthCare. The advancements in veterinary therapeutics, animal preventive medicines, increase in
disposable income has boosted the demand for better animal medicines and animal
health products. The global animal antibacterial and antibiotics market
consists of Tetracyclines, penicillins, sulfonamides, macrolides, aminoglycosides,
and cephalosporins. This is the largest class of animal drugs administered to
prevent bacterial translation, prevents animal protein synthesis, and promotes
animal growth.
Future of Global Animal Medicine Market: The
global animal medicine market is valued in billions and North America is the
largest consumer of animal medicine in the world. The global animal medicine
market is driven by a significant rise in the zoonotic and food-borne diseases
in animals. This trend has led the veterinary companies to produce more
advanced vaccines and pharmaceuticals. Majority of the companies have made efforts
to control pathogen contamination risks and food-borne diseases, which
contributed towards the animal medicine market growth. Globally many initiatives
were proposed to promote veterinary products presumed to drive the overall
animal medicine market over the coming years.
Key Topics Covered in the
Report:
·
Animal Medicine Market Size and Growth
·
Global Animal care industry research report
·
Animal Medicine Market Research Report
·
Animal Medicine Trends and Developments
·
Animal Medicine Market Country Analysis
·
North America Animal Medicine Market Research
Report
·
Europe Animal Medicine Market Research Report
·
Asia Animal Medicine Market Research Report
·
Global Animal Medicine Market Major Players
·
Animal Medicine Market Future Outlook
·
Global Animal Medicine Market Product Pipeline
·
Animal Care
Market Research report
·
Animal Feed Industry Analysis
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Ankur Gupta, Head Marketing & Communications
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