Animal Therapeutics And Diagnostics Global Market Report 2024

Global Animal Therapeutics And Diagnostics Market Report 2024

Animal Therapeutics And Diagnostics Global Market Report 2024 – By Animal Type (Companion Animals, Cattle, Pigs, Poultry, Sheep), By Product (Animal Diagnostics Products, Instruments, Consumables, Animal Therapeutics Products, Anti-Parasitic Drugs And Antibiotics, Anti-Inflammatory Drugs, Anesthetics) – Market Size, Trends, And Global Forecast 2024-2033

Name: Animal Therapeutics And Diagnostics Global Market Report 2024
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Animal Therapeutics And Diagnostics Global Market Report 2024

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Animal Therapeutics And Diagnostics Global Market Report 2024

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Animal Therapeutics And Diagnostics Market Definition

Animal therapeutics refers to the application of medical procedures to enhance an animal's health, whereas animal diagnostics deals with the recognition and analysis of ailments that affect animals.

The main animal therapeutics and diagnostics animal types are companion animals, cattle, pigs, and poultry. Companion animals refer to tame or domestic-bred animals whose social needs can be readily met as companions in the home, or close daily connection with humans. The various products are animal diagnostics products, instruments, consumables, animal therapeutics products, anti-parasitic drugs and antibiotics, anti-inflammatory drugs, and anesthetics.

Animal Therapeutics And Diagnostics Market Segmentation

The animal therapeutics and diagnostics market covered in this report is segmented –

1) By Animal Type: Companion Animals, Cattle, Pigs, Poultry,Sheep

2) By Product: Animal Diagnostics Products, Instruments, Consumables, Animal Therapeutics Products, Anti-Parasitic Drugs And Antibiotics, Anti-Inflammatory Drugs, Anesthetics

Global Animal Therapeutics And Diagnostics Market Size 2023 to 2028: Graph

Animal Therapeutics And Diagnostics Market Size 2024 And Growth Rate

The animal therapeutics and diagnostics market size has grown strongly in recent years. It will grow from $46.68 billion in 2023 to $49.42 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to increased pet ownership, advancements in veterinary medicine, prevalence of animal diseases, government initiatives, globalization of veterinary services.

Animal Therapeutics And Diagnostics Market Growth Forecast

The animal therapeutics and diagnostics market size is expected to see strong growth in the next few years. It will grow to $63.07 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to rising expenditure on pet healthcare, personalized medicine in veterinary care, expansion of biopharmaceuticals, regulatory support for innovation. Major trends in the forecast period include biotechnology advancements, digital health integration, increased focus on preventive healthcare, precision medicine for animals, rising demand for companion animal therapeutics.

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Animal Therapeutics And Diagnostics Market Driver: Surge In Pet Adoption To Drive Market Growth

Rising pet adoption is expected to propel the animal therapeutics and diagnostics market going forward. Animal treatments and diagnostics are in high demand as more and more individuals take pets into their families and become more aware of and concerned about their health. The pet owners are willing to spend money on medical care, routine check-ups, and preventive care. For instance, in 2021, according to Chewy Inc., a US-based online retailer of pet food and other products, there were around 977,202 pets adopted in the US in 2021, which resulted in the highest adoption rate of 61% in the past six years. Therefore, the rising pet adoption rate is driving the animal therapeutics and diagnostics market.

Animal Therapeutics And Diagnostics Market Driver: Increasing Burden Of Dermatological Diseases To Drive Market Growth

The rising burden of dermatological diseases is expected to propel the growth of the animal therapeutics and diagnostics market going forward. Dermatological diseases refer to a broad category of medical conditions that affect the skin. Factors such as environmental influences, genetic predispositions, allergies, infections, and lifestyle changes contribute to the rise in skin conditions among animals. As owners prioritize the well-being of their animals and seek veterinary care for dermatological issues, the demand for effective treatments has surged. Additionally, the awareness of zoonotic diseases, which can be transmitted between animals and humans, adds to the urgency of managing and treating skin conditions in animals. For instance, in October 2022, according to British Broadcasting Corporation, a UK-based broadcasting company, as of October 2022, Lumpy Skin Disease has affected more than 2.4 million animals in India, resulting in the death of over 110,000 cattle. Therefore, the rising burden of dermatological diseases is driving the growth of the animal therapeutics and diagnostics market.

Global Animal Therapeutics And Diagnostics Market Major Players

Major companies operating in the animal therapeutics and diagnostics market report are Zoetis Inc., Boehringer Ingelheim Animal Health USA Inc., Virbac AH Inc., Ceva Animal Health Inc., Heska Corporation, IDEXX Laboratories Inc., bioMérieux Inc., Thermo Fisher Scientific Inc., Randox Laboratories Ltd., Bio-Rad Laboratories Inc., Bayer Animal Health LLC, Eli Lilly and Company, Merck & Co. Inc. Animal Health Division, Sanofi-Aventis Animal Health Inc., Elanco Animal Health Incorporated, BioNote Inc., IDvet, BASF Corporation, Koninklijke DSM N.V., Evonik Industries AG, MSD Animal Health, Vetoquinol S.A., Phibro Animal Health Corporation, Dechra Pharmaceuticals PLC, Kindred Biosciences Inc., Neogen Corporation, Abaxis Inc., QIAGEN N.V., Pfizer Animal Health, Norbrook Laboratories Limited

Global Animal Therapeutics And Diagnostics Market Trend: Product Innovations Transforming The Animal Therapeutics And Diagnostics Market

Product Innovations are a key trend gaining popularity in the animal therapeutics and diagnostics market. Major companies operating in the animal therapeutics and diagnostics market are developing innovative technologies to sustain their position in the market. For instance, in December 2022, EKF Diagnostics, a UK-based vitro diagnostics company, launched a new version of the Lactate Scout analyzer for veterinary applications. The new analyzer feature allows for species selection for companion animals and cattle and make it ideal for use in both small and large animal practices.

Global Animal Therapeutics And Diagnostics Market Trend: Digital Health And Telemedicine Reshaping The Animal Therapeutics And Diagnostics Market

Major companies operating in the animal therapeutics and diagnostics market are developing innovations, such as telemedicine platforms for pet healthcare, to gain a competitive edge in the market. Telemedicine is a healthcare practice that involves the remote diagnosis, consultation, treatment, and monitoring of patients using telecommunications technology, such as video conferencing, phone calls, or secure messaging platforms. For instance, in June 2023, Cargill Inc., a US-based food corporation launched Zoonivet, a digital pet-care app. This Telehealth platform simplifies pet healthcare by connecting pet parents with qualified veterinarians through video calls, making primary pet care accessible and convenient. Zoonivet also plans to provide surgery, home diagnostic services, medication, pet food, and pet boarding across key Indian markets.

Animal Therapeutics And Diagnostics Market Merger And Acquisition: Elanco Strengthens Veterinary Dermatology Portfolio With Kindred Biosciences Acquisition

In August 2021, Elanco Animal Health Incorporated, a US-based pharmaceutical company, acquired Kindred Biosciences for a deal value of $444 million. The acquisition would strengthen and accelerate Elanco’s innovation, portfolio, and product strategy and help Elanco deliver veterinary solutions to meet the unmet needs of pet owners. Kindred Biosciences is a US-based commercial-stage biopharmaceutical company focusing on developing drugs for pets and operating in the veterinary dermatology drugs market.

Regional Analysis For The Global Animal Therapeutics And Diagnostics Market

North America was the largest region in the animal therapeutics and diagnostics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global animal therapeutics and diagnostics market report during the forecast period. The regions covered in the animal therapeutics and diagnostics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the animal therapeutics and diagnostics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The animal therapeutics and diagnostics market include revenues earned by entities by providing services related to identifying and determining whether an animal has any viral, bacterial, parasitic, or other types of illnesses and related technologies such as clinical biochemistry, immunodiagnostics, molecular diagnostics, hematology, urinalysis, microbiology, and histopathology tests. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The animal therapeutics and diagnostics market research report is one of a series of new reports from The Business Research Company that provides animal therapeutics and diagnostics market statistics, including animal therapeutics and diagnostics industry global market size, regional shares, competitors with a animal therapeutics and diagnostics market share, detailed animal therapeutics and diagnostics market segments, market trends and opportunities, and any further data you may need to thrive in the animal therapeutics and diagnostics industry. This animal therapeutics and diagnostics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Animal Therapeutics And Diagnostics Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$49.42 billion
Revenue Forecast In 2033	$63.07 billion
Growth Rate	CAGR of 6.3% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Animal Type: Companion Animals, Cattle, Pigs, Poultry, Sheep 2) By Product: Animal Diagnostics Products, Instruments, Consumables, Animal Therapeutics Products, Anti-Parasitic Drugs And Antibiotics, Anti-Inflammatory Drugs, Anesthetics
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Zoetis Inc.; Boehringer Ingelheim Animal Health USA Inc.; Virbac AH Inc.; Ceva Animal Health Inc.; Heska Corporation; IDEXX Laboratories Inc.; bioMérieux Inc.; Thermo Fisher Scientific Inc.; Randox Laboratories Ltd.; Bio-Rad Laboratories Inc.; Bayer Animal Health LLC; Eli Lilly and Company; Merck & Co. Inc. Animal Health Division; Sanofi-Aventis Animal Health Inc.; Elanco Animal Health Incorporated; BioNote Inc.; IDvet; BASF Corporation; Koninklijke DSM N.V.; Evonik Industries AG; MSD Animal Health; Vetoquinol S.A.; Phibro Animal Health Corporation; Dechra Pharmaceuticals PLC; Kindred Biosciences Inc.; Neogen Corporation; Abaxis Inc.; QIAGEN N.V.; Pfizer Animal Health; Norbrook Laboratories Limited
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Animal Therapeutics And Diagnostics Market Characteristics

3. Animal Therapeutics And Diagnostics Market Trends And Strategies

4. Animal Therapeutics And Diagnostics Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market

4.2. Ukraine-Russia War Impact On the Market

4.3. COVID-19 Impact On the Market

5. Global Animal Therapeutics And Diagnostics Market Size and Growth

5.1. Global Animal Therapeutics And Diagnostics Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Animal Therapeutics And Diagnostics Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Animal Therapeutics And Diagnostics Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Animal Therapeutics And Diagnostics Market Segmentation

6.1. Global Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Companion Animals

Cattle

Pigs

Poultry

Sheep

6.2. Global Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Animal Diagnostics Products

Instruments

Consumables

Animal Therapeutics Products

Anti-Parasitic Drugs And Antibiotics

Anti-Inflammatory Drugs

Anesthetics

7. Animal Therapeutics And Diagnostics Market Regional And Country Analysis

7.1. Global Animal Therapeutics And Diagnostics Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Animal Therapeutics And Diagnostics Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Animal Therapeutics And Diagnostics Market

8.1. Asia-Pacific Animal Therapeutics And Diagnostics Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Animal Therapeutics And Diagnostics Market

9.1. China Animal Therapeutics And Diagnostics Market Overview

9.2. China Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Animal Therapeutics And Diagnostics Market

10.1. India Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Animal Therapeutics And Diagnostics Market

11.1. Japan Animal Therapeutics And Diagnostics Market Overview

11.2. Japan Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Animal Therapeutics And Diagnostics Market

12.1. Australia Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Animal Therapeutics And Diagnostics Market

13.1. Indonesia Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Animal Therapeutics And Diagnostics Market

14.1. South Korea Animal Therapeutics And Diagnostics Market Overview

14.2. South Korea Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Animal Therapeutics And Diagnostics Market

15.1. Western Europe Animal Therapeutics And Diagnostics Market Overview

15.2. Western Europe Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Animal Therapeutics And Diagnostics Market

16.1. UK Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Animal Therapeutics And Diagnostics Market

17.1. Germany Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Animal Therapeutics And Diagnostics Market

18.4. France Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.5. France Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Animal Therapeutics And Diagnostics Market

19.7. Italy Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.8. Italy Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Animal Therapeutics And Diagnostics Market

20.10. Spain Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.11. Spain Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Animal Therapeutics And Diagnostics Market

21.1. Eastern Europe Animal Therapeutics And Diagnostics Market Overview

21.2. Eastern Europe Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Animal Therapeutics And Diagnostics Market

22.1. Russia Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Animal Therapeutics And Diagnostics Market

23.1. North America Animal Therapeutics And Diagnostics Market Overview

23.2. North America Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Animal Therapeutics And Diagnostics Market

24.1. USA Animal Therapeutics And Diagnostics Market Overview

24.2. USA Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Animal Therapeutics And Diagnostics Market

25.1. Canada Animal Therapeutics And Diagnostics Market Overview

25.2. Canada Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Animal Therapeutics And Diagnostics Market

26.1. South America Animal Therapeutics And Diagnostics Market Overview

26.2. South America Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Animal Therapeutics And Diagnostics Market

27.1. Brazil Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Animal Therapeutics And Diagnostics Market

28.1. Middle East Animal Therapeutics And Diagnostics Market Overview

28.2. Middle East Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Animal Therapeutics And Diagnostics Market

29.1. Africa Animal Therapeutics And Diagnostics Market Overview

29.2. Africa Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Animal Therapeutics And Diagnostics Market Competitive Landscape And Company Profiles

30.1. Animal Therapeutics And Diagnostics Market Competitive Landscape

30.2. Animal Therapeutics And Diagnostics Market Company Profiles

30.2.1. Zoetis Inc.

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Boehringer Ingelheim Animal Health USA Inc.

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Virbac AH Inc.

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Ceva Animal Health Inc.

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Heska Corporation

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Global Animal Therapeutics And Diagnostics Market Competitive Benchmarking

32. Global Animal Therapeutics And Diagnostics Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Animal Therapeutics And Diagnostics Market

34. Animal Therapeutics And Diagnostics Market Future Outlook and Potential Analysis

34.1 Animal Therapeutics And Diagnostics Market In 2028 - Countries Offering Most New Opportunities

34.2 Animal Therapeutics And Diagnostics Market In 2028 - Segments Offering Most New Opportunities

34.3 Animal Therapeutics And Diagnostics Market In 2028 - Growth Strategies

34.3.1 Market Trend Based Strategies

34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations

35.2. Currencies

35.3. Historic And Forecast Inflation Rates

35.4. Research Inquiries

35.5. The Business Research Company

35.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Animal Therapeutics And Diagnostics Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Animal Therapeutics And Diagnostics Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Asia-Pacific, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: China, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: China, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: India, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: India, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: Japan, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: Japan, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: Australia, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: Australia, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Indonesia, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Indonesia, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: South Korea, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: South Korea, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Western Europe, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Western Europe, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: UK, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: UK, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Germany, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Germany, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: France, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: France, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Italy, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Italy, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Spain, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Spain, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: Eastern Europe, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: Eastern Europe, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Russia, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Russia, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: North America, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: North America, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: USA, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: USA, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Canada, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Canada, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: South America, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: South America, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Brazil, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Brazil, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Middle East, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Middle East, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Africa, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Africa, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Zoetis Inc. Financial Performance

Table 52: Boehringer Ingelheim Animal Health USA Inc. Financial Performance

Table 53: Virbac AH Inc. Financial Performance

Table 54: Ceva Animal Health Inc. Financial Performance

Table 55: Heska Corporation Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Animal Therapeutics And Diagnostics Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Animal Therapeutics And Diagnostics Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Asia-Pacific, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: China, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: China, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: India, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: India, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: Japan, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: Japan, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: Australia, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: Australia, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Indonesia, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Indonesia, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: South Korea, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: South Korea, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Western Europe, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Western Europe, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: UK, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: UK, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Germany, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Germany, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: France, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: France, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Italy, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Italy, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Spain, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Spain, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: Eastern Europe, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: Eastern Europe, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Russia, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Russia, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: North America, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: North America, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: USA, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: USA, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Canada, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Canada, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: South America, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: South America, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Brazil, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Brazil, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Middle East, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Middle East, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Africa, Animal Therapeutics And Diagnostics Market, Segmentation By Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Africa, Animal Therapeutics And Diagnostics Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Zoetis Inc. Financial Performance

Figure 52: Boehringer Ingelheim Animal Health USA Inc. Financial Performance

Figure 53: Virbac AH Inc. Financial Performance

Figure 54: Ceva Animal Health Inc. Financial Performance

Figure 55: Heska Corporation Financial Performance

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Frequently Asked Questions

What is the definition of the animal therapeutics and diagnostics market?

Animal therapeutics refers to the application of medical procedures to enhance an animal's health, whereas animal diagnostics deals with the recognition and analysis of ailments that affect animals. For further insights on the animal therapeutics and diagnostics market, request a sample here

How will the animal therapeutics and diagnostics market drivers and restraints affect the animal therapeutics and diagnostics market dynamics? What forces will shape the animal therapeutics and diagnostics industry going forward?

The animal therapeutics and diagnostics market major growth driver - surge in pet adoption to drive market growth. For further insights on the animal therapeutics and diagnostics market, request a sample here

What is the forecast market size or the forecast market value of the animal therapeutics and diagnostics market ?

The animal therapeutics and diagnostics market size has grown strongly in recent years. It will grow from $46.68 billion in 2023 to $49.42 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to increased pet ownership, advancements in veterinary medicine, prevalence of animal diseases, government initiatives, globalization of veterinary services. The animal therapeutics and diagnostics market size is expected to see strong growth in the next few years. It will grow to $63.07 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to rising expenditure on pet healthcare, personalized medicine in veterinary care, expansion of biopharmaceuticals, regulatory support for innovation. Major trends in the forecast period include biotechnology advancements, digital health integration, increased focus on preventive healthcare, precision medicine for animals, rising demand for companion animal therapeutics. For further insights on the animal therapeutics and diagnostics market, request a sample here

How is the animal therapeutics and diagnostics market segmented?

The animal therapeutics and diagnostics market is segmented
1) By Animal Type: Companion Animals, Cattle, Pigs, Poultry,Sheep
2) By Product: Animal Diagnostics Products, Instruments, Consumables, Animal Therapeutics Products, Anti-Parasitic Drugs And Antibiotics, Anti-Inflammatory Drugs, AnestheticsFor further insights on the animal therapeutics and diagnostics market, request a sample here

Which region has the largest share of the animal therapeutics and diagnostics market? What are the other regions covered in the report?

North America was the largest region in the animal therapeutics and diagnostics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global animal therapeutics and diagnostics market report during the forecast period. The regions covered in the animal therapeutics and diagnostics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the animal therapeutics and diagnostics market, request a sample here.

Who are the major players in the animal therapeutics and diagnostics market?

What are the key trends in the animal therapeutics and diagnostics market?

Major trend in the animal therapeutics and diagnostics market - product innovations transforming the animal therapeutics and diagnostics market. For further insights on the animal therapeutics and diagnostics market, request a sample here.

What are the major opportunities in the animal therapeutics and diagnostics market? What are the strategies for the animal therapeutics and diagnostics market?

For detailed insights on the major opportunities and strategies in the animal therapeutics and diagnostics market, request a sample here.

How does the animal therapeutics and diagnostics market relate to the overall economy and other similar markets?

For detailed insights on animal therapeutics and diagnostics market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the animal therapeutics and diagnostics industry?

For detailed insights on the mergers and acquisitions in the animal therapeutics and diagnostics industry, request a sample here.

What are the key dynamics influencing the animal therapeutics and diagnostics market growth? SWOT analysis of the animal therapeutics and diagnostics market.

For detailed insights on the key dynamics influencing the animal therapeutics and diagnostics market growth and SWOT analysis of the animal therapeutics and diagnostics industry, request a sample here.