市場調查報告書
商品編碼
1623064
動物用醫藥品的全球市場:各產品,各用途,各地區,範圍及預測Global Animal Medicine Market By Product, By Application, By Geography Scope And Forecast |
2019年獸藥市值為3,650萬美元,預計複合年增長率為12.34%,到2027年將達到8,990萬美元。
由於人們對牲畜和伴侶動物保健意識的提高以及政府對動物疫苗接種的政策等推動因素,預計獸藥市場在預測期內將增長。此外,增加該領域的研發投資、實現更好治療應用的新技術以及提高品質標準正在為市場創造機會。全球獸藥市場報告提供了對市場的整體評估。它對關鍵細分市場、趨勢、市場推動因素、競爭格局以及在市場中發揮關鍵作用的因素進行了全面分析。
全球獸藥市場的定義
獸藥是用於治療動物各種疾病的任何產品。獸藥用於治療動物的損傷、感染和疾病。獸藥包括疫苗、抗菌劑和治療動物免受病原體侵害的診斷試劑盒等獸藥。此外,它還可用於動物保健、手術和預防服務。獸醫學涉及動物疾病、失調和損傷的預防、診斷和治療。由於寵物擁有量的增加、獸醫支出的增加、獸醫專業人員數量的增加以及寵物保險需求的增加,獸醫在世界各地得到廣泛應用。此外,動物健康意識、政府措施和許多致力於動物健康管理的非政府組織正在增加。
例如,獸藥包括給動物口服的藥物,如抗感染藥和抗寄生蟲藥。同樣,獸醫學還包括疫苗,用於使動物免疫以抵抗各種感染,例如馬流感(EIV)和副流感3-呼吸道合胞病毒。還包括藥物飼料添加劑,將其混入動物飼料中,為動物提供藥用功效。此外,獸藥用於許多不同類型的動物,包括狗和貓等伴侶動物以及牛、豬和雞等家畜動物。此外,動物可透過多種途徑給藥,包括口服藥物、腸胃外疫苗和局部殺寄生蟲劑。使用獸藥治療的動物病症包括與骨關節炎、鉤蟲、鞭蟲和感染相關的疼痛和發炎。
世界獸藥市場概況
推動獸藥市場成長的主要因素是全球寵物主人數量的增加和牲畜數量的快速增加。此外,動物各種疾病盛行率急劇上升以及畜產品需求增加等因素也推動了獸藥市場的成長。此外,動物保健支出的增加也是推動市場成長的主要因素。
寵物保險的日益普及預計也將推動獸醫醫療市場的發展。從全球來看,寵物保險市場很大程度上尚未開發,滲透率極低,蘊藏著巨大的市場機會。寵物保險市場主要是由消費者意識的提高和伴侶動物主人可支配收入的增加所推動的。寵物保險普及率的提高增加了去獸醫診所就診的次數,這支持了使用獸藥和飼料添加劑來治療各種疾病。此外,肉類消費的增加刺激了強制性動物疫苗接種的需求,從而促使獸藥市場的成長。近年來,新產品的推出、策略聯盟、收購和合併對動物保健市場產生了積極影響。
獸藥製造商越來越多地生產藥物飼料添加劑組合,以提高最終產品的效率。藥物飼料添加劑通常有助於維持動物健康、促進生長和提高飼料效率。這些通常被宣傳為牲畜的額外營養素或藥物。藥用飼料添加劑包括維生素、胺基酸、脂肪酸、藥品、礦物質、生長激素、真菌等。藥物飼料添加劑市場約70%的企業正在推出新型藥物飼料添加劑,這些添加劑是由兩種或多種藥物飼料添加劑組合而成,以提高產品的功效。
然而,欠發達國家獸醫基礎設施的缺乏以及對藥物飼料添加劑的嚴格監管限制了獸藥市場的成長。相反,人們對動物健康的認識不斷提高,為獸藥市場提供了利潤豐厚的機會。
Animal Medicine Market was valued at USD 36.5 Million in 2019 and is projected to grow at aCAGR of 12.34% to reachUSD 89.9 Million by 2027, over the forecast period.
The Animal Medicine Market is anticipated to grow in the forecast period owing to driving factors such as increasing awareness towards healthcare of livestock and companion animals and government policies to immunize the animals. Moreover, the inflated R&D investment in this sector, new technology with better therapeutic application, and raised quality standards present the opportunity for the market. The Global Animal Medicine Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Animal Medicine Market Definition
Animal Medicine is termed as any product used to treat various medical conditions in animals. Animal medicines are used for the treatment of animal injuries, infections and diseases. The Animal Medicine includes vaccines, veterinary medicines, such as antimicrobial agents, and diagnostic kits to cure the animals from pathogen. Moreover, the medication is also available for animal health care, surgery and preventive services. Animal Medicine deals with prevention, diagnosis, and treatment of diseases, disorder, and injury in animals. Animal Medicine is widely practiced worldwide due to increasing number of pet adoptions, rising veterinary expenditure, increasing number of veterinary professionals, and rising demand for pet insurance. Additionally, awareness about animal's health, government initiatives and many NGOs working for animal health care is increasing.
For instance, Animal Medicine includes drugs such as anti-infective drugs and parasiticides, which are administered orally in animals. Similarly, Animal Medicine also includes vaccines, which are used to build immunity in animals against various infectious diseases such as equine influenza (EIV) and parainfluenza 3-respiratory syncytial. In addition, they also include medicated feed additives, which are mixed with animal feed to provide pharmaceutical effects in animals. Moreover, Animal Medicine is used in various type of animals including companion animals such as dogs and cats and livestock animals such as cattle, pigs, and poultry. Furthermore, the medicine is administered in animals via different routes such as drugs are manly administered through oral route, vaccines are given through parenteral route, and some parasiticidal drug preparations are administered through topical route. Some medical conditions in animals that are treated using Animal Medicine include pain and inflammation associated with osteoarthritis, hookworm, whipworm, infections, and others.
Global Animal Medicine Market Overview
The major factors that contribute toward the growth of the Animal Medicine Market include rise in number of pet owners and surge in livestock population across the globe. Furthermore, factors such as surge in prevalence of various medical conditions in animals and rise in demand for livestock products also boost the Animal Medicine Market growth. In addition, rise in animal healthcare expenditure is another major factor that fuels growth of the market.
The increasing penetration of pet insurance is expected to drive the Animal Medicine Market. Globally, the pet insurance market is largely untapped with extremely low penetration rates providing a large market opportunity. The pet insurance market is mainly driven by the increasing consumer awareness and rising disposable income of companion animal owners. Increasing penetration of pet insurance will increase the number of visits at veterinary clinics supporting the use of veterinary pharmaceuticals and feed additives in the treatment of different diseases. Additionally, the growing consumption of meat is fueling the demand for mandatory vaccination for animals, which results in the growth of the market for animal medicine. New product launches, strategic collaborations, acquisitions, and mergers have positively impacted the market for Animal Medicine in recent years.
Animal medicines manufacturers have started increasingly producing combination medicated feed additives to improve efficiencies of the end product. Medicated feed additives in general help maintain animal health and promote growth and feed efficiency. They are usually promoted as an extra nutrient or drug for livestock. Medicated feed additives include vitamins, amino acids, fatty acids, pharmaceuticals, minerals, growth hormones and fungus. Around 70% of companies in the medical feed additives market are introducing new medicated feed additives formed as a result of a combination of two or more medicated feed additives to improve the efficiency of the product.
However, lack of veterinary infrastructure facilities in underdeveloped nations and stringent regulations associated with medicate feed additives restrict Animal Medicine Market growth. Conversely, increase in awareness toward animal health offers a lucrative opportunity for the Animal Medicine Market.
The Global Animal Medicine Market is segmented into Product, Application And Geography.
Based on Product, the market is bifurcated into Oral, Injection, and Others. The oral segment is projected to witness the fastest CAGR owing to the advancements in the oral animal medicines segment, such as chewable tablets. Moreover, the increasing prevalence of chronic conditions in pets is also expected to drive the market for animal medicine. For instance, in July 2020, Merck received the U.S. FDA approval for Bravecto monthly chews for dogs and puppies, hence expanding its product portfolio. Oral mode of delivery is further segmented into powder and tablets. Others product include suspension, topical, and carrier. Among these, the topical segment is expected to hold the largest market share owing to its high adoption for the treatment of skin infections in animals. On the other hand, the carrier segment is expected to grow at the fastest growth rate owing to advancements in the segment by market players.
Based on Application, the market is bifurcated into Companion Animals, and Livestock Animals. The companion animal segment is expected to demonstrate the fastest growth over the forecast period owing to the increasing prevalence of chronic diseases. The companion animal is further sub-segmented into horses, cats, dogs & others. Dogs took about 40% share of the segment due to the rising demand for advanced treatment alternatives for canines suffering from chronic diseases. As per an AVMA report, in the U.S., spending on pets reached about USD 95.7 billion in 2019, with dogs and cats contributing to a dominant share. The above-mentioned factors are expected to propel the market for Animal Medicine over the forecasted period.
Based on regional analysis, the Global Animal Medicine Market is classified into North America, Europe, Asia Pacific, and Rest of the world. In 2019, North America accounted for major share of the Animal Medicine Market size, and is expected to continue this trend, owing to surge in number of companion animal owners and easy availability of animal medicines. Moreover, other factors such as surge in animal health expenditure also boost growth of the Animal Medicine Market in the region. Asia-Pacific is expected to exhibit fastest growth rate, owing to surge in awareness related to use of animal medicines. Other factors that boost growth of the market include surge in awareness related to animal health and rise in ownership of companion animals in the region.