The global animal healthcare market size is expected to worth around US$ 177.1 Bn by 2026 and growing at a CAGR of around 4.4% during the forecast period 2019 to 2026.
Animal healthcare is concerned with caring for the health of the animals. It encompasses various entities from the pet owners and farmers to animal welfare officers and veterinary staff. The aforementioned entities are involved in animal health as they have to understand the health needs of the specific animals in their care and well being. Animal healthcare is dependent on the parasiticides, feed additives, vaccines, anti-inflammatories, and anti-infectives among others. Various animal healthcare services provided by the major players include hospitalization, surgical care, wellness programs, behavioral counseling, boarding, grooming, and prescription heartworm and flea medication.
Market Dynamics
The increasing focus towards the development of healthcare products and services for companion animals as well as the growing availability of veterinary services in emerging economies is supporting the market growth. The increasing disposable income, pet ownership, and continued technological changes are positively impacting on the animal healthcare market. The presence of sophisticated and technologically advanced instruments in the veterinary pharmacies is additionally contributing to the market value. Moreover, the increasing purchasing power of individuals in developing countries and the launch of animal-specific products due to the growing number of pet adoption are projected to provide potential opportunities over the forecast period.
On the other hand, lack of awareness and high cost associated with animal healthcare drugs in developing market additionally, mismatch of data management systems create complications in the exchange of knowledge between the scientific community, policymakers, and the animal food production sector are some of the factors likely to hamper the market growth to an extent.
By animal type, livestock animals held the major share in the animal healthcare market
The increasing demand for meat and dairy products owing to the increasing global population is particularly supporting the segment growth. As per the stats, the United States is dominating the global beef and veal producing market and has produced around 11.5 million tons of beef and veal in 2016. The figures are followed by Brazil and the European Union respectively in the same year. According to the 2018 estimates of the Food and Agriculture Organization of the United Nations, the global milk output is increased to 2.2% from 2017 which is equal to 843 million tones. The increased production is particularly the contribution of India, Turkey, the European Union, Pakistan, the United States of America and Argentina.
Veterinary hospitals segment accounted for the major share in 2018
On the basis of the distribution channels, the veterinary hospital segment dominated the animal healthcare market with a major share in 2018. The veterinary hospital segment is particularly gaining positive growth due to the rising preference of pet owners because complete healthcare solutions for pets are available in hospitals. Moreover, according to the 2017-2018 Survey conducted by the American Pet Products Association (APPA) for National Pet Ownership, Americans are the owner of around 78 million dogs and approx. 44% of households have dogs in the country.
The market research study on “Animal Healthcare Market– Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 – 2026”, offers a detailed insight into the global animal healthcare market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report provides insights into the global animal healthcare market, its product type, application, and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global Animal Healthcare market size and volume, and segment markets by product type, application, and geography along with the information on companies operating in the market. The animal healthcare market analysis is provided for major regional markets including North America, Europe, Asia Pacific, Latin America and Middle East and Africa. For each region, the market size and volume for different segments have been covered under the scope of the report.
The players profiled in the report include Bayer, Boehringer Ingelheim, Dechra Pharmaceuticals, Elanco, Merck, Zoetis, B. Braun Vet Care, Medtronic, IDEXX Laboratories, and Neogen. The major players were involved in introducing new facilities and advance products to expand the market share.
Market Segmentation
Market By Product
Pharmaceuticals
Antiparasitic
Anti-inflammatory
Anti-infectives
Others
Modified live vaccines (MLV)
Killed inactivated vaccines
Others
Antibiotics
Vitamins
Amino acids
Enzymes
Antioxidants
Prebiotics and probiotics
Minerals
Others
Medical devices
- Veterinary Diagnostic Equipment
- Anesthesia Equipment
- Patient Monitoring Equipment
- Veterinary Surgical Equipment
- Veterinary Consumables
- Others
Veterinary services
Market By Animal Type
Livestock animals
- Poultry
- Swine
- Cattle
- Fish
- Others
Companion animals
Market By Distribution Channel
Veterinary hospitals
Veterinary clinics
Pharmacies & drug stores
Others
Market By Geography
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Animal Healthcare
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Animal Healthcare Market By Product
1.2.2.1. Global Animal Healthcare Market Revenue and Growth Rate Comparison By Product (2015-2026)
1.2.2.2. Global Animal Healthcare Market Revenue Share By Product in 2018
1.2.2.3. Pharmaceuticals
1.2.2.3.1. Drugs
1.2.2.3.1.1. Antiparasitic
1.2.2.3.1.2. Anti-inflammatory
1.2.2.3.1.3. Anti-infectives
1.2.2.3.1.4. Others
1.2.2.3.2. Vaccines
1.2.2.3.2.1. Modified live vaccines (MLV)
1.2.2.3.2.2. Killed inactivated vaccines
1.2.2.3.2.3. Others
1.2.2.3.3. Medicated feed additives
1.2.2.3.3.1. Antibiotics
1.2.2.3.3.2. Vitamins
1.2.2.3.3.3. Amino acids
1.2.2.3.3.4. Enzymes
1.2.2.3.3.5. Antioxidants
1.2.2.3.3.6. Prebiotics and probiotics
1.2.2.3.3.7. Minerals
1.2.2.3.3.8. Others
1.2.2.4. Medical devices
1.2.2.4.1. Veterinary Diagnostic Equipment
1.2.2.4.2. Anesthesia Equipment
1.2.2.4.3. Patient Monitoring Equipment
1.2.2.4.4. Veterinary Surgical Equipment
1.2.2.4.5. Veterinary Consumables
1.2.2.4.6. Others
1.2.2.5. Veterinary services
1.2.3. Animal Healthcare Market By Animal Type
1.2.3.1. Global Animal Healthcare Market Revenue and Growth Rate Comparison By Animal Type (2015-2026)
1.2.3.1.1. Livestock animals
1.2.3.1.1.1. Poultry
1.2.3.1.1.2. Swine
1.2.3.1.1.3. Cattle
1.2.3.1.1.4. Fish
1.2.3.1.1.5. Others
1.2.3.1.2. Companion animals
1.2.3.1.2.1. Dogs
1.2.3.1.2.2. Cats
1.2.3.1.2.3. Horses
1.2.3.1.2.4. Others
1.2.4. Animal Healthcare Market By Distribution Channel
1.2.4.1. Global Animal Healthcare Market Revenue and Growth Rate Comparison By Distribution Channel (2015-2026)
1.2.4.2. Veterinary hospitals
1.2.4.3. Veterinary clinics
1.2.4.4. Pharmacies & drug stores
1.2.4.5. Others
1.2.5. Animal Healthcare Market By Geography
1.2.5.1. Global Animal Healthcare Market Revenue and Growth Rate Comparison By Geography (2015-2026)
1.2.5.2. North America Animal Healthcare Market Revenue and Growth Rate(2015-2026)
1.2.5.3. Europe Animal Healthcare Market Revenue and Growth Rate(2015-2026)
1.2.5.4. Asia-Pacific Animal Healthcare Market Revenue and Growth Rate(2015-2026)
1.2.5.5. Latin America Animal Healthcare Market Revenue and Growth Rate(2015-2026)
1.2.5.6. Middle East and Africa (MEA) Animal Healthcare Market Revenue and Growth Rate(2015-2026)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2018
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Animal Healthcare Major Manufacturers in 2018
3.2. Manufacturing Plants Distribution of Global Animal Healthcare Major Manufacturers in 2018
3.3. R&D Status and Technology Source of Global Animal Healthcare Major Manufacturers in 2018
3.4. Raw Materials Sources Analysis of Global Animal Healthcare Major Manufacturers in 2018
CHAPTER 4. ANIMAL HEALTHCARE MARKET BY PRODUCT
4.1. Global Animal Healthcare Revenue By Product
4.2. Pharmaceuticals
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.2.3. Drug
4.2.3.1. Antiparasitic
4.2.3.2. Anti-inflammatory
4.2.3.3. Anti-infectives
4.2.3.4. Others
4.2.4. Vaccine
4.2.4.1. Modified live vaccines (MLV)
4.2.4.2. Killed inactivated vaccines
4.2.4.3. Others
4.2.5. Medicated feed additives
4.2.5.1. Antibiotics
4.2.5.2. Vitamins
4.2.5.3. Amino acids
4.2.5.4. Enzymes
4.2.5.5. Antioxidants
4.2.5.6. Prebiotics and probiotics
4.2.5.7. Minerals
4.2.5.8. Others
4.3. Medical devices
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3.3. Veterinary Diagnostic Equipment
4.3.4. Anesthesia Equipment
4.3.5. Patient Monitoring Equipment
4.3.6. Veterinary Surgical Equipment
4.3.7. Veterinary Consumables
4.3.8. Others
4.4. Veterinary services
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 5. ANIMAL HEALTHCARE MARKET BY ANIMAL TYPE
5.1. Global Animal Healthcare Revenue By Animal Type
5.2. Livestock animals
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.2.3. Poultry
5.2.4. Swine
5.2.5. Cattle
5.2.6. Fish
5.2.7. Others
5.3. Companion animals
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3.3. Dogs
5.3.4. Cats
5.3.5. Horses
5.3.6. Others
CHAPTER 6. ANIMAL HEALTHCARE MARKET BY DISTRIBUTION CHANNEL
6.1. Global Animal Healthcare Revenue By Distribution Channel
6.2. Veterinary hospitals
6.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.3. Veterinary clinics
6.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.4. Pharmacies & drug stores
6.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.5. Others
6.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 7. NORTH AMERICA ANIMAL HEALTHCARE MARKET BY COUNTRY
7.1. North America Animal Healthcare Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. North America Animal Healthcare Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. U.S.
7.3.1. U.S. Animal Healthcare Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Animal Type, 2015 - 2026 ($Million)
7.3.3. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By Animal Type, 2015 - 2026 ($Million)
7.4.3. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
CHAPTER 8. EUROPE ANIMAL HEALTHCARE MARKET BY COUNTRY
8.1. Europe Animal Healthcare Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Europe Animal Healthcare Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Animal Type, 2015 - 2026 ($Million)
8.3.3. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Animal Type, 2015 - 2026 ($Million)
8.4.3. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Animal Type, 2015 - 2026 ($Million)
8.5.3. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By Animal Type, 2015 - 2026 ($Million)
8.6.3. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By Animal Type, 2015 - 2026 ($Million)
8.7.3. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
CHAPTER 9. ASIA-PACIFIC ANIMAL HEALTHCARE MARKET BY COUNTRY
9.1. Asia-Pacific Animal Healthcare Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Asia-Pacific Animal Healthcare Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Animal Type, 2015 - 2026 ($Million)
9.3.3. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Animal Type, 2015 - 2026 ($Million)
9.4.3. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Animal Type, 2015 - 2026 ($Million)
9.5.3. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.6.2. Market Revenue and Forecast By Animal Type, 2015 - 2026 ($Million)
9.6.3. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.7.2. Market Revenue and Forecast By Animal Type, 2015 - 2026 ($Million)
9.7.3. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.8.2. Market Revenue and Forecast By Animal Type, 2015 - 2026 ($Million)
9.8.3. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
CHAPTER 10. LATIN AMERICA ANIMAL HEALTHCARE MARKET BY COUNTRY
10.1. Latin America Animal Healthcare Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Latin America Animal Healthcare Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Animal Type, 2015 - 2026 ($Million)
10.3.3. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Animal Type, 2015 - 2026 ($Million)
10.4.3. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Animal Type, 2015 - 2026 ($Million)
10.5.3. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
CHAPTER 11. MIDDLE EAST & AFRICA ANIMAL HEALTHCARE MARKET BY COUNTRY
11.1. Middle East & Africa Animal Healthcare Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Middle East & Africa Animal Healthcare Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. GCC
11.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Animal Type, 2015 - 2026 ($Million)
11.3.3. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
11.4. South Africa
11.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Animal Type, 2015 - 2026 ($Million)
11.4.3. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
11.5. Rest of Middle East & Africa
11.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Animal Type, 2015 - 2026 ($Million)
11.5.3. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
CHAPTER 12. COMPANY PROFILE
12.1. Bayer
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Type Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Boehringer Ingelheim
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Type Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Dechra Pharmaceuticals
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Type Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Elanco
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Type Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Merck
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Type Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Zoetis
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Type Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. B. Braun Vet Care
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Type Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. Medtronic
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Type Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. IDEXX Laboratories
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Type Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. Neogen
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Type Portfolio
12.10.5. Key Developments
12.10.6. Strategies
12.11. Others
12.11.1. Company Snapshot
12.11.2. Overview
12.11.3. Financial Overview
12.11.4. Type Portfolio
12.11.5. Key Developments
12.11.6. Strategies
CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope