-- The animal healthcare market is on an optimistic growth trajectory owing to the rising prevalence of zoonotic diseases which is a class of diseases affecting animals via viruses, bacteria, parasites and fungi. There is a rising penetration of e-Commerce platforms facilitating online pharmacies which is driving the growth of the animal healthcare market. Various developed countries with pre-established healthcare environment for animals are the center for rising adoption of online pharmacies owing to several benefits associated with it such as higher levels of convenience, various discounts on the ordered products. Also, increasing investments and fundings boosting research and development activities for the development of improved and high-quality product offerings in coherence with advanced technologies is initiated by many key players of the market resulting in market expansion.
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Top Key Player@ Ceva Sante Animal ,Bayer Healthcare AG ,Vetoquinol SA ,Virbac S.A ,Boehringer Ingelheim GmbH ,Sanofi S.A. ,Nutreco N.V. ,Others
Animal healthcare consists of medical supervision associated with wellness of companion animals as well as farm animals including diagnosis, prevention, control and treatment of diseases and infections hampering animal health. The COVID-19 impact was observed to be equally disturbing on the animal healthcare as the human healthcare system witnessing increasing speculations of animals being susceptible to contraction of coronavirus during the initial phase. Several cases were reported in the beginning of the pandemic with livestock animals, companion animals and the one’s housed in zoological facilities infected with COVID-19 virus. These incidences gave rise to demand for testing kits for animals, as a result multiple players launched products lending help to veterinarians. The pandemic resulted in shutdown of several veterinary hospitals leading to shortage of consultancy and treatment.
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A significant shift in delivery of consultation services and treatment has been observed during the pandemic. For instance, UK deployed specific guidelines to curb such situations, with the British Veterinary Association (BVA), issuinga guide for practitioners to transform into a telemedicine consultation service. There is a surge in support from multiple governments which coupled with increasing animal adoption and protection, availability of improved emergency healthcare services, high-quality treatment facilities accompanied with implementation of vaccination drives and various programmes promoting birth control and immunization of animals are considered to propel the growth of the global keyword market considerably.
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