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MedEdge MEA > Research > The Business Research Company’s Latest Market Insights: Exploring Veterinary Healthcare Trends
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The Business Research Company’s Latest Market Insights: Exploring Veterinary Healthcare Trends

ME Desk
ME Desk
Published: September 17, 2023
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5 Min Read
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As the veterinary healthcare industry experiences a remarkable surge, The Business Research Company (TBRC) emerges as a pivotal source of insights, aiding businesses to navigate a dynamic sector poised for substantial growth. With the industry projected to reach an impressive $261.48 billion by 2027, accompanied by a robust Compound Annual Growth Rate (CAGR) of 7.5%, TBRC’s comprehensive market reports illuminate the trajectory and factors shaping this expansion. Notably, the projected rise in global meat production looms as a significant driver. Armed with this strategic foresight, businesses are well-equipped to make informed decisions and seize emerging opportunities within the expanding veterinary healthcare market.

Contents
Navigating Competitive Landscape with TBRC’s Veterinary Healthcare Market ReportsDiscovering The Business Research CompanyAbout TBRC:

Navigating Competitive Landscape with TBRC’s Veterinary Healthcare Market Reports

  1. Veterinary Laboratory Testing Services Global Market Report 2023
    • Foreseen to achieve an 8.9% CAGR, this market is poised to reach an estimated value of $36.19 billion by 2027.
    • The rising prevalence of animal disease epidemics fuels the demand for veterinary laboratory testing services.
  2. Animal Growth Promoters And Performance Enhancers Global Market Report 2023
    • Industry players are increasingly directing investments toward phytogenics, natural growth promoters that enhance animal growth efficiency.
    • Phytogenics, also known as botanicals or phytobiotics, are plant-based feed additives that elevate animal nutrition.
  3. Veterinary Parasiticides Global Market Report 2023
    • Chewable tablets are emerging as a preferred method to safeguard animals from ticks, worms, fleas, and other parasites.
    • This approach offers a simpler and more convenient administration method, available in appealing options such as beef-flavored tablets or soft chews.
  4. Animal Based Protein Supplements Global Market Report 2023
    • Projected to achieve a remarkable 9.4% CAGR, this market aims to reach a value of $40.07 billion by 2027.
    • The growth is fueled by a rising count of health-conscious consumers, expected to drive demand for animal-based protein supplements.
  5. Feed Premix Global Market Report 2023
    • A notable trend in the feed premix market is the emergence of new feed ingredients, enhancing the attributes of feed constituents and improving livestock health.
    • Innovation and focus on enhancing the nutritional value of animal feed drive this trend.
  6. Veterinary Pain Management Global Market Report 2023
    • Anticipated to achieve a substantial 9.6% CAGR, the veterinary pain management market targets a value of $2.76 billion by 2027.
    • The escalating number of veterinary practitioners contributes significantly to market expansion.
  7. Pet Grooming Services Global Market Report 2023
    • Projected to achieve a commendable 7.2% CAGR, this market aims to reach $9.83 billion by 2027.
    • Rising pet expenditure drives demand for grooming services as pet owners invest more in their companions’ well-being.
  8. Veterinary Dermatology Drugs Global Market Report 2023
    • Prominent players in the industry proactively introduce innovative products, such as Stelfonta injectables, to maintain market presence.
    • Product innovation not only enhances competitive edge but also caters to evolving needs within the veterinary dermatology landscape.
  9. Rabies Diagnostics Global Market Report 2023
    • The rabies diagnostics market witnesses a surge in product innovation as a significant trend.
    • Manufacturers embrace innovative and efficient testing techniques aligned with global pharmaceutical standards.
  10. Pet Diabetes Care Devices Global Market Report 2023
    • Projected to attain a noteworthy 7.3% CAGR, the global pet diabetes care devices market aims to achieve $3.2 billion by 2027.
    • Escalating pet health expenditure fuels demand for diabetes care devices, ensuring pets’ well-being.
  11. Pet Travel Services Global Market Report 2023
    • Expected to achieve an impressive 10.3% CAGR, the global pet travel services market targets a value of $2.74 billion by 2027.
    • The rising trend of pet adoption drives substantial demand for specialized pet travel services.

Discovering The Business Research Company

TBRC stands as a trailblazing market intelligence firm with a global presence, specializing in comprehensive company, market, and consumer research across diverse sectors. With a focus on manufacturing, healthcare, financial services, chemicals, and technology, TBRC’s insights empower businesses with data-driven decisions.

About TBRC:

The Business Research Company is a trusted market intelligence firm pioneering in company, market, and consumer research. With a global presence and specialized consultants across various fields, TBRC provides in-depth insights to empower businesses in the ever-evolving market landscape.

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