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Companion Animal Healthcare Market Size
- Report ID: GMI6618
- Published Date: Sep 2023
- Report Format: PDF
Companion Animal Healthcare Market Size
Companion Animal Healthcare Market size was valued at USD 92.9 billion in 2022 and is expected to witness growth at CAGR of 7.9% by 2032 attributed to factors such as increasing pet adoption for companionship, increasing support offered by government and public organizations for animal care, growing demand for online veterinary pharmacies, and increase in animal healthcare expenditure. The increasing prevalence of zoonotic diseases and the increasing humanization of companion animals are also responsible for increasing demand for animal healthcare industry.
Furthermore, advances in veterinary medicine, including innovative treatments and diagnostics, are expanding the range of available services. Furthermore, the integration of technology such as telemedicine is enhancing accessibility to veterinary care. As pets increasingly become integral parts of families, the demand for high-quality healthcare products and services continues to escalate.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Companion Animal Healthcare Market Size in 2022: | USD 92.9 Billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 7.9% |
| 2032 Value Projection: | USD 203 Billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 330 |
| Tables, Charts & Figures: | 456 |
| Segments covered: | Product, Animal type, Distribution Channel, and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Companion Animal Healthcare Market Scope
