(PharmaNewsWire.Com, February 24, 2017 ) According to the report North America Veterinary Healthcare Market, published by Market Data Forecast, the global market is projected to reach USD 10.73 Billion by 2021, at a CAGR of 6.5% from 2016 to 2021.
Veterinary medicine is the science associated with the treatment, diagnosis and prevention of diseases among animals. It covers a broad varieties of animal species both in domestic and wild. The rising importance of livestock animals has increased the demand for animal healthcare. Rising population and stable economies is expected to drive the protein rich food market, especially in the developing countries.
There is an upsurge in the number of animal ownerships as a result of increased love towards pets. Rising awareness among individuals regarding animal health and few requirements for drug approval of animals are the primary driving factors for Veterinary healthcare market. Rising number of foodborne diseases is also aiding the growth of animal healthcare market.
The North America Veterinary Healthcare Market Study covers: Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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