“The Global Veterinary Dermatology Drugs Market growing at a significant CAGR over next seven years 2019-2025 due to high skin cancer incidences”

 

The global veterinary dermatology drugs market burgeoning over the forthcoming years. High skin cancer incidence, high demand for fast diagnosis, increasing demand of anti-inflammatory agents and advancement in techniques for the development of innovative products are some key factors propelling the market growth. However, strict government regulations and lack of awareness regarding novel products and drugs are hampering the market growth. Further, approval of large number of drugs approved by FDA and other regulatory bodies are providing huge growth opportunity for the market.

 

Global veterinary dermatology drugs market segmented on the basis of product type, animal type, end user and region.

 

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Antibiotics dominate the Global Veterinary Dermatology Drugs Market

Based on product type, global veterinary dermatology drugs market is segmented into antibiotics, NSAIDS, veterinary antifungal drugs and others. Antibiotics held considerable market growth during estimated period. Antibiotic drugs are commonly used in veterinary medicine to treat infectious diseases that are caused by bacteria and certain other microorganisms. There are many different classes of antibiotics available for use in animals, including penicillins, cephalosporins, cephamycins, aminoglycosides, quinolones, sulfonamides, tetracyclines, and macrolides. Some are effective against a wide range of organisms, while others are more closely targeted. Thus, antibiotics are often referred to as broad-spectrum or narrow-spectrum drugs, respectively.

 

North America Leads the Global Veterinary Dermatology Drugs market

PBI’s global veterinary dermatology drugs market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis. North America accounted for larger revenue share in global veterinary dermatology drugs market with considerable CAGR. The growth in this region is due to easy adoption of new products and techniques, better reimbursement policies and rise in pet ownership. Also, Europe held significant market share during estimated period owing to increasing demand for veterinary related products in countries like Germany, Italy and U.K.

 

Launch of newer products, frequent product approvals, patent filings, and strategic alliances are the key strategies adopted by market players

Global veterinary dermatology drugs market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region.

 

Key player’s profiles in the report are Zoetis Inc., Elanco, Merial, Bayer Animal Health, Virbac S.A., IDEXX Laboratories, Boehringer Ingelheim Vetmedica, Ceva Sante Animale, Vetoquinol S.A.

 

Precision Business Insights (PBI) in its report titled “Global Veterinary Dermatology Drugs Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. Moreover, the report also includes the total revenue and volume for the market.

 

Detailed Segmentation

 

By Product Type       

• Antibiotics
• NSAIDS
• Veterinary antifungal drugs
• Others

 

By Animal Type         

• Food Animal
• Small Animal
• Equine
• Others

 

By End User  

• Veterinary hospitals
• Veterinary clinics
• Others                      

 

By Geography

• North America

• U.S
• Canada

• Europe

• Germany
• France
• U.K
• Italy
• Spain
• Russia
• Poland
• Rest of Europe

• Asia-Pacific

• Japan
• China
• India
• Australia & New Zealand
• ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
• South Korea
• Rest of Asia-Pacific

• Latin America

• Brazil
• Mexico
• Argentina
• Rest of Latin America

• Middle East and Africa (MEA)

• Gulf Cooperation Council (GCC) Countries
• Israel
• South Africa
• Rest of MEA

 

For more information: https://www.precisionbusinessinsights.com/market-reports/global-veterinary-dermatology-drugs-market/

 

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