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Companion Animal Vaccines Market Trends

  • Report ID: GMI748
  • Published Date: May 2023
  • Report Format: PDF

Companion Animal Vaccines Market Trends

The growing incidence of zoonotic diseases across the globe is expected to drive the market expansion across the forecast timeframe. Zoonotic diseases possess substantial threat to humans as they are transferred from animals to humans. These diseases are spread through direct contact with the infected animal. The effects of zoonotic disease differ from mild symptoms to lethal circumstances leading to death. There has been an increase in incidence of zoonotic diseases such as SARS, zoonotic influenza, and rabies. These diseases are highly contagious and fatal if left untreated and can harm animals as well the humans that come in contact with these infected animals. Thus, growing incidence of zoonotic diseases across the globe along with growing need for accurate disease diagnosis and prevention will drive the demand for companion animal vaccine market growth.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Companion animal vaccines industry size was over USD 3 billion in 2022 and will exceed USD 5.9 billion by 2032 due to the increasing awareness about companion animal health across the globe.

The live attenuated segment held over 45% of the companion animal vaccines industry share in 2022 owing to the rising need for high clinical efficacy.

North America market for companion animal vaccines is poised to witness 6.8% CAGR from 2023-2032 driven by the growing adoption of pets as well as increasing awareness for companion animal vaccination in the region.

Elanco Animal Health Incorporated, Merck & Co., Inc, Boehringer Ingelheim International GmbH, and Zoetis Inc. are some of the leading companion animal vaccines industry players.

Companion Animal Vaccines Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 11
  • Tables & Figures: 392
  • Countries covered: 30
  • Pages: 200
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