Uploaded on Nov 8, 2021
Veterinary medicine is termed as any product used to treat various medical conditions in animals. For instance, veterinary medicine include drugs such as anti-infective drugs and parasiticides, which are administered orally in animals
Veterinary Medicine Market Research PPT
Veterinary Medicine Market -Global Opportunity Analysis & Industry Forecast
2020- 2027
Veterinary Medicine Market - Global Opportunity Analysis &
Industry Forecast
2020- 2027
Veterinary Medicine Market by Product (Drugs, Vaccines, and Medicated Feed Additives), Route of
Administration (Oral Route, Parenteral Route, and Topical Route), Animal Type (Companion Animals
and Livestock Animals), and Distribution Channel (Veterinary Hospitals Pharmacies, and Retail
Veterinary Pharmacies): Global Opportunity Analysis and Industry Forecast, 2020–2027
Veterinary Medicine Market - Overview:
Animals are integral part of human life as humans use them for food, labor, and companionship. In addition,
animals suffer from various medical conditions, which require immediate attention and treatment. Products
such a drugs, vaccines, and medicated feed additives, which are used in the treatment of animals are defined
as veterinary medicines. Moreover, there are different types of drugs used in companion animals and
livestock animals. For instance, drugs include anti-infective, anti-inflammatory and parasiticide, which are
employed in treatment of conditions such as hookworm and inflammation
Veterinary Medicine Market - Major Key Players
Major players operating in the market include Zoetis, Inc., Merck & Co., Inc. (Intervet International
B.V.), Elanco Animal Health, Dechra Pharmaceuticals PLC, Ceva Santé Animale, Virbac., Vetoquinol S.A.,
Boehringer Ingelheim International GmbH., ADM Animal Nutrition, and Evonik Industries AG.
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Veterinary Medicine Market & COVID-19
COVID-19 Scenario:
Due to the global pandemic all over the world, the medical devices manufacturers are majorly focusing on essential medical
devices production including ventilators and diagnostics.
However, due to the precautionary measures taken by governments in various regions, the supply chain has been hampered.
Which may result in shortage of devices in certain locations.
Food and Drugs Administration (FDA), on the other hand, shared a COVID-19 guidance with medical device manufacturers to
notify the agency about changes that could affect availability of their products.
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Veterinary Medicine Market– Regional outlook
The market is evaluated based on its regional penetration, explaining the performance of the market in
each regional market covering regions such as North America (United States, Canada and Mexico), Europe
(Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South
America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South
Africa)
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