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Global companion animal vaccines market size to reach at a CAGR of 6% by 2024 available in new report

Global companion animal vaccines market size to reach at a CAGR of 6% by 2024 available in new report

Companion animal vaccines are used to stimulate an immune response in pets such as canine, avian and feline.

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The Global Companion Animal Vaccines Market accounted to USD 2450 million in 2016 growing at a CAGR of 6% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Global Companion Animal Vaccines Market, By Product Type (Attenuated Live Vaccines, Conjugate Vaccines, Inactivated Vaccines, Subunit Vaccines, Toxoid Vaccines, DNA Vaccines, Recombinant Vaccines) By Distribution Channel (Veterinary Clinics, Veterinary Hospitals, Veterinary Research Institutes, Retail Pharmacies and Others) By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024

Companion animal vaccines are used to stimulate an immune response in pets such as canine, avian and feline.

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Competitive Analysis:

Companion Animal Vaccines Market is highly fragmented and is based on new product launches and clinical results of products.

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Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of flow cytometry market for global, Europe, North America, Asia Pacific and South America.

Major Market Competitors:

Some of the major players operating in companion animal vaccines market are Sanofi-Aventis, Merial, Merck, Pfizer, Bioniche Animal Health (Canada), Merck Animal Health (U.S), Novartis Animal Health Inc., Sanofi-Aventis, Bayer Healthcare, Zoetis (U.S), Heska Corporation, Virbac, Ceva Animal Health, Inc., Merial Inc. (Sanofi), Boehringer Ingelheim (Germany), Elanco among others.

Major Market Drivers and Restraints:

  • Rising prevalence of animal diseases
  • Technological advancements in biotechnology
  • Increasing awareness of animal diseases
  • Rising incidents of animal bites

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Companion Animal Vaccines Market Segmentation:

On the basis of product type the companion animal vaccines market is segmented into Attenuated Live Vaccines, Conjugate Vaccines, Inactivated Vaccines, Subunit Vaccines, Toxoid Vaccines, DNA Vaccines, and Recombinant Vaccines

By Distribution Channel the market is segmented into Veterinary Clinics, Veterinary Hospitals, Veterinary Research Institutes, Retail Pharmacies and Others.

On the basis of geography, companion animal vaccines market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

In 2017, North America is expected to dominate the market.

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