The global veterinary healthcare market is anticipated to grow at a significant CAGR during the forecast period. The market growth is attributed to the increasing trend of owning pets as a companion across the globe, which in turn, has increased the possibility of catching various zoonotic diseases. Hence, proper care of pets is promoted by vising vets regularly who acts as one of the major factors for the growth of the veterinary healthcare market across the globe. According to the Centers for Disease Control and Prevention (CDC), zoonotic diseases are very common in the US and Europe. Over 6 out of every 10 known infectious diseases in people are spread from animals.

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Additionally, several other pivotal factors that are expected to offer growth to the veterinary healthcare market includes the initiatives taken by governments and animal wellness programs led by various animal welfare organizations. However, the high costs of veterinary visits will present restraint for the veterinary healthcare market growth. In addition to this, the less availability of veterinary hospitals and clinics in developing economies will also hamper the growth of the veterinary healthcare market.

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Market Segmentation

Veterinary Healthcare Market by Therapeutics
Vaccines
Parasiticides
Anti-infectives
Others (Medical Food Additives)
Veterinary Healthcare Market by Animal Type
Dogs and Cats
Horses
Ruminants
Poultry
Others
Regional Analysis

North America
US
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
Rest of the World
Company Profiles

Bayer AG
Boehringer Ingelheim International GmbH
Cargill Inc.
Ceva Animal Health LLC
Elanco Animal Health
Hester Biosciences Ltd.
HIPRA
IDEXX Laboratories Inc.
Indovax Pvt. Ltd.
Mankind Pharma Ltd.
Merck & Co. Inc.
Neogen Corp.
Nisseiken Co. Ltd.
Phibro Animal Health Corp.
Sanofi S.A.
SeQuent Scientific Ltd.
United Vaccines, Inc.
Vetoquinol Group
Virbac SA
Zoetis Inc.
Zydus Cadila
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