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Veterinary Oncology Market Size
- Report ID: GMI8527
- Published Date: Mar 2024
- Report Format: PDF
Veterinary Oncology Market Size
Veterinary Oncology Market size was valued at USD 923.5 million in 2023 and is predicted to reach USD 1.7 billion by 2032, showcasing growth of 7.1% from 2024 – 2032 period. The growth of this market can be attributed to factors such as increasing pet ownership and awareness, significant focus on early detection and diagnosis of cancer in animals, as well as advances in diagnostic tools.
Also, growing expenditure on animal healthcare in developed nations, government initiatives for veterinary cancer treatment, and increased adoption of pets are important factors driving market expansion. According to the data provided by the Canadian Animal Health Institute (CAHI) in September 2022, it was reported that approximately 60% of Canadian families owned at least one dog or cat during 2020 to 2022. Thus, with such a sizable population of animals, it is anticipated that the incidence of cancer among them will be elevated, thereby contributing to the expansion of the market.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Veterinary Oncology Market Size in 2023: | USD 923.5 Million |
| Forecast Period: | 2024 - 2032 |
| Forecast Period 2024 - 2032 CAGR: | 7.1% |
| 2032 Value Projection: | USD 1.7 Billion |
| Historical Data for: | 2018 - 2023 |
| No. of Pages: | 160 |
| Tables, Charts & Figures: | 228 |
| Segments covered: | Cancer Diagnostics & Treatment, Animal Type, Cancer Type, and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Veterinary oncology is a specialized field of veterinary medicine that focuses on the diagnosis, treatment, and prevention of cancer in animals. It involves the management of cancer in various animal species, including dogs, cats, horses, and other companion animals.
Frequently Asked Questions (FAQ) :
Veterinary Oncology Market Scope
