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Animal Healthcare Market Size, Trends and Insights By Animal Type (Companion animal, Production animal), By Product (Pharmaceuticals, Vaccines, Medical feed additives, Equipment and disposables, Diagnostics, Others), By Distribution Channel (Ecommerce, Retail, Veterinary hospitals and clinics), By End User (Reference laboratories, Veterinary hospitals and clinics, Point of care testing, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share 2025 - 2034
Overview
Global Animal Healthcare Market
Animal Healthcare Market: Overview
According to Custom Market Insights (CMI), The Global Animal Healthcare Market was valued at USD 70.69 Billion in the year 2025 and it is expected to grow to USD 166.69 Billion by the year 2034 growing at a compound annual growth rate of 9.94% during the forecast period 2025 and 2034.
The rapid increase in the demand for various food products and protein in the global market has boosted the need for a better animal healthcare system. The increasing number of diseases prevalent among animals has encouraged the key market players to introduce modern medicines into the market for treating animals. The pharmaceutical sector has introduced various vaccinations to prevent several animal diseases. Several industries have taken multiple steps to prevent infection among animals by controlling the pathogens and risk of food-borne illnesses. The outbreak of the pandemic had a considerable impact on the animal healthcare system. Steady growth was noticed during the course of the pandemic.
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Animal Healthcare Market: Growth Drivers
The rapidly increasing demand for various animal products among people has boosted the market for animal healthcare to a great extent. The vast number of benefits obtained from animal products have also made people aware of them, and hence a considerable demand is experienced in the market. In addition, the rapidly increasing number of animal diseases has boosted the need for better healthcare facilities to prevent the spread of diseases in society.
The increasing number of research and development programs carried out by the key market players to introduce modern medicines that have a better effect on the health of the animals with minimum side effects has boosted the animal healthcare market economy. These multiple reasons have emerged as the driving forces for the growth of the animal healthcare market during the forecast period.
Report URL: https://www.custommarketinsights.com/report/animal-healthcare-market/
Animal Healthcare Market: Regional Analysis
The region of North America has emerged as the largest market for animal healthcare due to the extensive use of modern technology for various services and diagnoses, which helps the physician decide on a suitable line of treatment with modern medicines. In addition, increasing demand for technological advancement and advanced therapies for animal healthcare has boosted the economy for animal healthcare to a great extent.
The key market players in this region have also emerged as major growth factors for the animal healthcare market. Various research and development programs which are carried out in this region with the help of the initiatives taken up by the government have boosted the demand for animal healthcare systems. In addition, many other animal benefits and services emerge as significant growth factors for this market.
The geographical region of Asia Pacific has emerged as a significant market for the animal healthcare system growth due to the rapid advancements in medicine. The vast number of people who have adopted pets in this region has also boosted the economy of the animal healthcare market to a greater extent. In addition, the various therapies which are carried out in this region by using animals have increased the healthcare system to a great time.
Animal Healthcare Market: Recent Developments
- Bayer has taken over Elanco limited, aiming to develop the distribution channel of the numerous materials manufactured by the company. This acquisition has enabled pharmaceutical products to produce more turnover over the period.
- In April 2021 - Hester Biosciences manufactured various herbal veterinary products in the market.
Key Players:
- Merck Animal Health
- Vetoquinol S.A.
- Zoetis
- Ceva Sante Animale
- BoehringerIngelheim GmbH
- IDEXX
- Heska Corporation
- Virbac
- Elanco
- B.Braun Vet Care
- Televet
- Mars Inc.
- Covetrus
- DRE Veterinary
- Phibro Animal Health Corporation
- Dechra Pharmaceuticals PLC
- Thermo Fisher Scientific Inc.
- IDVet
- Bimeda Inc.
- Midmark Corporation
- Others
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The global Animal Healthcare market is segmented as follows:
By Animal Type
- Companion animal
- Production animal
By Product
- Pharmaceuticals
- Vaccines
- Medical feed additives
- Equipment and disposables
- Diagnostics
- Others
By Distribution Channel
- Ecommerce
- Retail
- Veterinary hospitals and clinics
By End User
- Reference laboratories
- Veterinary hospitals and clinics
- Point of care testing
- Others
On the basis of Geography
North America
- The U.S.
- Canada
- Mexico
Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Browse Other Custom Market Insights coverage of the Global Healthcare Industry
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