Companion animals are the domesticated animals whose emotional, physical, behavioural and social needs can be readily escorted or in close daily relationship with humans. These animals man are very friendly and guard their houses or offices. Different types of diseases in animals and their transfer to humans via their product consumption and companionship are intensifying the market.
The Growing incidence of zoonotic and food borne diseases will be a potential concern to the health of pet animals. The major factors driving the growth of the market are inclining pet/companion ownership, developing health care concerns of pets, rising demand for improved nutrition. The factors that are hampering the development of the market are restrictions by regulatory bodies have a negative impact on the sales of antibiotics, soaring costs and inclining regulations on animal testing have delayed a number of healthcare companies from manufacturing newly advanced drugs.
Some of the major companies dominating the market Pfizer Animal health Ltd, Merck & Co Inc., Sanofi Aventis Animal Health, Zoetis Inc., Boehringer Ingelheim GmbH, Elanco Products Company, Bayer AG, Novartis animal Health Inc., Virbac SA, Ceva Sante Animale, Vetoquinol SA.
Scope of the Companion Animal Health Care Market Study:
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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