#Companion #Animal #Healthcare #Market #Size #Worth #USD
New York, USA, Oct. 14, 2022 (GLOBE NEWSWIRE) — Companion Animal Healthcare Market Overview
According to a Comprehensive Research Report by Market Research Future (MRFR), “Companion Animal Health Market by Product, Diagnostic Tests, End-Users, and Region – Forecast till 2030”, the market will acquire a valuation of USD 44,643.33 million by 2030, also procuring a CAGR of close to 8.80% between 2022 and 2030.
Companion Animal Healthcare Market Synopsis
Companion animals are domesticated animals whose emotional, physical, social and behavioral needs are readily catered to a lot like the members at home. These animals have a close relationship and connection with humans. These animals help elderly patients, allowing them to gain significant levels of dopamine that helps them fight the distress they face. Owing to this, health of companion animals has become a vital part of the global veterinary industry. Companion animals are properly brought up to care for the old-age people and improve their mental health.
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Report Scope:
| Report Attribute | Details |
| Market Size in 2030 | USD 44643.33 Million |
| CAGR | 8.80% |
| Base Year | 2021 |
| Forecast Period | 2022-2030 |
| Historical Data | 2020 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | By Product, Diagnostic Tests and End User |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Market Drivers | Advances in animal health medicines and vaccines |
| Rising demand of animal healthcare products |
Companion Animal Healthcare Market Competitive Landscape:
The important companies in the companion animal healthcare market include
- Zoetis Animal Healthcare (U.S.)
- Merial (France)
- Elanco Animal health (U.S.)
- Bayer Animal Health (Germany)
- Merck and Co. Inc. (U.S.)
- Ceva Animal Healthcare (U.K)
- Virbac Animal Healthcare (France)
- Vetoquinol S.A….
Read on GNW: Companion Animal Healthcare Market Size Worth USD 44,643.33
