市场调查报告书
商品编码
1623064
动物用医药品的全球市场:各产品,各用途,各地区,范围及预测Global Animal Medicine Market By Product, By Application, By Geography Scope And Forecast |
2019年兽药市值为3,650万美元,预计复合年增长率为12.34%,到2027年将达到8,990万美元。
由于人们对牲畜和伴侣动物保健意识的提高以及政府对动物疫苗接种的政策等推动因素,预计兽药市场在预测期内将增长。此外,增加该领域的研发投资、实现更好治疗应用的新技术以及提高品质标准正在为市场创造机会。全球兽药市场报告提供了对市场的整体评估。它对关键细分市场、趋势、市场推动因素、竞争格局以及在市场中发挥关键作用的因素进行了全面分析。
全球兽药市场的定义
兽药是用于治疗动物各种疾病的任何产品。兽药用于治疗动物的损伤、感染和疾病。兽药包括疫苗、抗菌剂和治疗动物免受病原体侵害的诊断试剂盒等兽药。此外,它还可用于动物保健、手术和预防服务。兽医学涉及动物疾病、失调和损伤的预防、诊断和治疗。由于宠物拥有量的增加、兽医支出的增加、兽医专业人员数量的增加以及宠物保险需求的增加,兽医在世界各地得到广泛应用。此外,动物健康意识、政府措施和许多致力于动物健康管理的非政府组织正在增加。
例如,兽药包括给动物口服的药物,如抗感染药和抗寄生虫药。同样,兽医学还包括疫苗,用于使动物免疫以抵抗各种感染,例如马流感(EIV)和副流感3-呼吸道合胞病毒。还包括药物饲料添加剂,将其混入动物饲料中,为动物提供药用功效。此外,兽药用于许多不同类型的动物,包括狗和猫等伴侣动物以及牛、猪和鸡等家畜动物。此外,动物可透过多种途径给药,包括口服药物、肠胃外疫苗和局部杀寄生虫剂。使用兽药治疗的动物病症包括与骨关节炎、钩虫、鞭虫和感染相关的疼痛和发炎。
世界兽药市场概况
推动兽药市场成长的主要因素是全球宠物主人数量的增加和牲畜数量的快速增加。此外,动物各种疾病盛行率急剧上升以及畜产品需求增加等因素也推动了兽药市场的成长。此外,动物保健支出的增加也是推动市场成长的主要因素。
宠物保险的日益普及预计也将推动兽医医疗市场的发展。从全球来看,宠物保险市场很大程度上尚未开发,渗透率极低,蕴藏着巨大的市场机会。宠物保险市场主要是由消费者意识的提高和伴侣动物主人可支配收入的增加所推动的。宠物保险普及率的提高增加了去兽医诊所就诊的次数,这支持了使用兽药和饲料添加剂来治疗各种疾病。此外,肉类消费的增加刺激了强制性动物疫苗接种的需求,从而促使兽药市场的成长。近年来,新产品的推出、策略联盟、收购和合併对动物保健市场产生了积极影响。
兽药製造商越来越多地生产药物饲料添加剂组合,以提高最终产品的效率。药物饲料添加剂通常有助于维持动物健康、促进生长和提高饲料效率。这些通常被宣传为牲畜的额外营养素或药物。药用饲料添加剂包括维生素、胺基酸、脂肪酸、药品、矿物质、生长激素、真菌等。药物饲料添加剂市场约70%的企业正在推出新型药物饲料添加剂,这些添加剂是由两种或多种药物饲料添加剂组合而成,以提高产品的功效。
然而,欠发达国家兽医基础设施的缺乏以及对药物饲料添加剂的严格监管限制了兽药市场的成长。相反,人们对动物健康的认识不断提高,为兽药市场提供了利润丰厚的机会。
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.