Veterinary oncology is a specialty of veterinary medicine that deals with cancer diagnosis and treatment in animals. Cancer is a major cause of death in pet animals. In the past few decades, there has been an increased prevalence of cancer in animals, which is one of the major aspects for the growth of the veterinary oncology market. In addition, increased healthcare facilities for the animals and increased pet healthcare expenditure are one of the major aspects which propel the growth of the market for the estimated forecasts period. However, lack of awareness of pet diseases among the pet owners is one of the major aspects which hinder the growth of the market.
Global Veterinary Oncology Market: Key Players
The research study includes profiles of leading companies operating in the global negative pressure wound therapy market. Key players profiled in the report include: Zoetis Inc., Elanco, AB Science, Boehringer Ingelheim International GmbH, Zenoaq, VetDC, Morphogenesis, Inc., Karyopharm Therapeutics, Inc., Regeneus Ltd., and AdvaVet, Inc. In June 2018, Zoetis Inc. has ventured into a five year collaboration with Regeneron Pharmaceuticals, Inc. Under this agreement, Regeneron has granted Zoetis a license for its VelocImmune antibody technology. This will be used by Zoetis to determine therapies for diseases such as cancer, allergic and immune-related conditions in animals.
Drivers for the Global Veterinary Oncology Market:
The increased pet healthcare expenditure is one of the major attributes which boost the growth of the market for the estimated forecasts period. In addition, increased research and development in medicines and in treatment of pet cancer is one of the major factors, which boost the growth of the market for the estimated forecasts period. Moreover, increased adoption of pets also bolsters the growth of the market.
Opportunities for the Global Veterinary Oncology Market:
Some of the factors such as increased awareness among the pet owners in developing countries are also one of the major aspects, which boost the growth of the market for the estimated forecasts period. Moreover, increased number of healthcare centers in developing countries is also one of the major attributes which boost the growth of the market for the estimated forecasts period.
Restrains for the Global Veterinary Oncology Market:
Some of the factors as lack of skilled veterinary oncologists hinder the growth of the market for the estimated forecasts period. In addition, adverse effects of pet cancer drugs on pets are also one of the major factors which hinder the growth of the market for the estimated forecasts period. Moreover, increased costs of the medications and therapeutics also restrict the growth of the market for the estimated forecasts period.
Region Wise, Global Veterinary Oncology Market Analysis:
North America anticipated having the largest share in the market. This can be attributed to the increased adoption of pets and increased demand for the pet insurance among the pet owners is one of the major factor which attributes to the growth of the market for the estimated forecasts period. Moreover, increased adoption of new techniques in treatment of pets is also one of the major factors for the growth of the veterinary oncology devices market in the estimated forecasts period.
Global Veterinary Oncology Market: Product Analysis
- Felines and Canines
- Equines
- Livestock Animals
Global Veterinary Oncology Market: Application analysis
- Canine Lymphoma
- Osteosarcoma
- Mast Cell Cancer
- Melanoma
- Multiple Myeloma
Global Veterinary Oncology Market: Region Analysis
- North America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- France
- Germany
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- ASEAN
- India
- Rest of Asia Pacific
- Latin America
- Brazil
- Argentina
- Colombia
- Rest of L.A.
- Middle East and Africa
- Turkey
- GCC
- UAE
- South Africa
- Rest of Middle East
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