Wildlife Health Market Trends

Wildlife Health Market Trends

Increased research funding and support facilitate advanced studies on wildlife diseases, improved diagnostic tools, and more effective treatment options. Additionally, funding from government agencies and private organizations expedites research initiatives, thereby expanding efforts to tackle emerging health threats and enhance disease management.
 

• For instance, in February 2023, scientists at the U.S. Department of Agriculture (USDA) Research Service worked on new tests to detect COVID-19 and its variants, as well as tools for tracking the virus in both wild and domestic animals, supported by five projects funded by the American Rescue Plan. Among these projects, two focus on developing user-friendly field tests to enable rapid identification of COVID-19 infections in animals. This initiative aimed to enhance the ability to monitor and manage the spread of the virus across different animal populations.
   
• Consequently, increasing research efforts aimed at developing innovative treatment options for wildlife healthcare are expected to drive research funding and animal healthcare expenditures, thereby stimulating market growth.
   

Moreover, the growing animal healthcare expenditure, increasing awareness of zoonotic diseases, government support, and strategic expansions by major players further propel market demand.