Infinium Global Research Veterinary Therapeutics Market | Page 2

Infinium Global Research has added a new report on Global Veterinary Therapeutics Market. The report predicts the market size of
Veterinary Therapeutics is expected to reach XX billion by 2023.
The report on global Veterinary Therapeutics Market provides qualitative and quantitative analysis for the period of 2017 to 2023.
According to the report the global Veterinary Therapeutics Market value is projected to reach USD 45.02 billion by 2023, growing with
a CAGR of 6.0 % to 6.5% from 2017 to 2023. The global Veterinary Therapeutics Market size was totaled 27.02 Billion in 2015.
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Market Insights
The Global veterinary therapeutics market has witnessed significant growth, especially in developed economies over the past few
years. Veterinary drugs have established importance in the treatment of numerous diseases growing in animals, and hence veterinary
drugs are developed in order to minimize attack of harmful virus in animals. Factors including increase in ownership of companion
animal and introduction and development of new drugs considered as major market drivers for veterinary therapeutics market
globally. Moreover, rising clinical animal researches in order to treat disease and related disorder as well as increased safety and
effectiveness of veterinary drugs have equally contributed in the overall market growth. Whereas, increased affordability of
treatments and rising expenditure on animal health expected driving global market during forecast period.
Segments Covered:
The report segments the global Veterinary Therapeutics market by product type, by route of administration, by animal type and by
region. Market segmentation based on product type is further sub segmented as drugs type, vaccines type and medicated feed
additives. The drug type segment includes anti-invectives, anti-inflammatory, and parasiticides. Based on vaccines market has been
segmented into inactivated vaccines, attenuated vaccines, and recombinant vaccines.
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