Some of the major industry players operating in the companion animal healthcare market are:
Boehringer Ingelheim International GmbH
Elanco Animal Health
Merck & Co
Vetoquinol
Zoetis
Medtronic plc
IDEXX Laboratories
Neogen Corporation
Virbac SA
B Braun Melsungen AG.
Authors:
Mariam Faizullabhoy, Gauri Wani
Frequently Asked Questions (FAQ) :
Global market size for companion animal healthcare was valued at USD 92.9 billion in 2022 and will register 7.9% CAGR from 2023-2032 due to the increasing pet adoption for companionship worldwide.
The veterinary services product segment recorded 75.1% share of the industry in 2022 on account of higher applications in preventive care, diagnostics, treatments, surgeries, dental care, and emergency services.
Companion animal healthcare market from the pharmacies distribution channel segment will register 8.2% CAGR from 2023-2032 owing to the higher availability of comprehensive range of medications and animal healthcare products at these distributors.
Boehringer Ingelheim International GmbH, Elanco Animal Health, Merck & Co, Inc., Vetoquinol, Zoetis, Inc., Medtronic plc, IDEXX Laboratories, Neogen Corporation, Virbac SA, and B Braun Melsungen AG are some of the major companion animal healthcare companies worldwide.