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Wildlife Health Market Size

Report ID: GMI11145
Published Date: Aug 2024
Report Format: PDF

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Wildlife Health Market Size

Wildlife Health Market size was valued at USD 2.3 billion in 2023 and is estimated to grow at 8.9% CAGR from 2024 to 2032. The market has experienced significant expansion due to increasing awareness of zoonotic diseases that can spread between animals and humans. As human-wildlife interactions increase due to urbanization, deforestation, and climate change, the risk of zoonotic outbreaks has intensified global awareness regarding wildlife health.

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For instance, in October 2023, with a new cooperative agreement from the U.S. Department of Agriculture’s Animal and Plant Health Inspection Service, Oregon State University researchers tested around 1,600 wild animal specimens for SARS-CoV-2, the virus causing COVID-19. OSU’s Carlson College of Veterinary Medicine aimed to identify the animal species that can harbor and transmit the virus, aiding in predicting zoonotic disease outbreaks. This has led to a greater emphasis on monitoring and managing wildlife health to prevent disease transmission. Furthermore, government organizations and health agencies are investing in wildlife health initiatives, thereby driving the demand for veterinary services, diagnostic tools, and research in this market.

Wildlife Health Market Report Attributes
Report Attribute	Details
Base Year:	2023
Wildlife Health Market Size in 2023:	USD 2.3 Billion
Forecast Period:	2024 - 2032
Forecast Period 2024 - 2032 CAGR:	8.9%
2032 Value Projection:	USD 5 Billion
Historical Data for:	2021 - 2023
No. of Pages:	170
Tables, Charts & Figures:	294
Segments covered:	Species, Products & Services, End-user, and Region
Growth Drivers:	Increasing zoonotic disease concerns Rising awareness and efforts for wildlife conservation Advancements in diagnostics and wildlife health welfare Rising government and NGO support for animal healthcare Growing research initiatives and funding Stringent regulations and complex legal frameworks
Pitfalls & Challenges:	High cost of treatment and care Lack of wildlife veterinarians

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Wildlife health refers to the well-being of wild animal populations and their ecosystems, encompassing the absence of disease as well as resilience to environmental changes. It is influenced by biological, social, and environmental factors, highlighting the interconnectedness of wildlife, human health, and ecosystem integrity. Effective wildlife health management involves monitoring disease outbreaks, promoting biodiversity, and implementing conservation strategies to protect habitats.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The wildlife health industry size was valued at USD 2.3 billion in 2023 and is estimated to grow at 8.9% CAGR from 2024 to 2032, due to increasing awareness of zoonotic diseases that can spread between animals and humans.

The mammals segment accounted for USD 1 billion in 2023 and is slated to record a CAGR of 8.8% through 2032, driven by the need to manage and prevent disease outbreaks, protect biodiversity, and ensure public health.

The U.S. wildlife health market accounted for USD 921.3 million in 2023 and is expected to show considerable growth through 2032, due to its extensive resources, advanced research capabilities, and substantial investments from federal agencies.

Esaote SpA, Esco VacciXcell, Fagron, Hidrolab, Huvepharma, NexGen Pharmaceuticals, Nextech, Virbac, Telemetry solutions, and Wildlife Computers among others.