Global Animal Therapeutics and Diagnostics Market Size Study, by Product Type (Animal Diagnostics Products, Animal Therapeutics Products), by Animal Type (Companion Animals, Cattle, Pigs, Poultry, Sheep) and Regional Forecasts 2022-2032

Description

List of Tables

Global Animal Therapeutics and Diagnostics Market is valued at approximately USD 38 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 5.90% over the forecast period 2024-2032. Animal Therapeutics and Diagnostics (ATD) is crucial in veterinary medicine, focusing on treating, managing, and diagnosing animal diseases. This includes developing medications, vaccines, nutraceuticals, biologics, and surgical interventions. ATD also involves diagnostic methods such as laboratory tests, imaging, molecular diagnostics, point-of-care testing, and biosensors to accurately identify and monitor animal health conditions. The importance of ATD lies in ensuring the well-being of companion animals, livestock, and wildlife, preventing zoonotic diseases, maintaining food safety, and supporting the agricultural and pet care industries. Advances in biotechnology, genomics, and medical technology are enhancing diagnostic and treatment methods, making them more effective and efficient. The Global Animal Therapeutics and Diagnostics (ATD) Market is growing due to increasing pet ownership and awareness of animal health. Innovations in biotechnology and genomics are leading to better treatments and diagnostic tools, and the development of rapid diagnostic methods is improving veterinary care. The focus on biologics and nutraceuticals for animal health management further boosts the market.

The Global Animal Therapeutics and Diagnostics Market is gaining attention due to rising pet ownership and increased awareness of animal health. Advances in biotechnology and genomics are driving the development of effective treatments and diagnostic tools, enhancing disease prevention and management. The market is also growing due to the development of point-of-care testing and rapid diagnostic methods, improving veterinary care efficiency. Additionally, there is a focus on biologics and nutraceuticals for comprehensive animal health management. Ensuring livestock health and food safety, with innovations aimed at preventing zoonotic diseases, is a crucial market driver. However, the market faces several challenges. High costs associated with advanced therapeutics and diagnostics limit accessibility, especially in emerging economies. Regulatory challenges and stringent approval processes delay market entry and expansion. Additionally, a lack of awareness and education about advanced veterinary diagnostics and therapeutics among pet owners and farmers hinders market growth.

The key regions considered for the global Animal Therapeutics and Diagnostics market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominates the Global Animal Therapeutics and Diagnostics Market in terms of revenue. This is attributed to its advanced veterinary infrastructure, which includes numerous well-equipped veterinary clinics and hospitals offering high-quality animal healthcare services. High pet ownership rates and a strong culture of pet care drive the demand for advanced therapeutics and diagnostics. Significant investments in animal healthcare from both the public and private sectors further support market growth. Additionally, North America's well-established pet insurance market encourages the adoption of sophisticated diagnostics and treatments by alleviating cost concerns for pet owners. The region is also home to leading pharmaceutical and biotech companies actively engaged in research and development, resulting in continuous innovation and new product introductions. Moreover, favourable regulatory frameworks and strong intellectual property protections provide a supportive environment for market expansion and development. In contrast, the Asia Pacific market is expected to grow at the fastest rate over the forecast period, driven by increasing investments in veterinary infrastructure, rising pet ownership, and growing awareness of animal health.

Major market players included in this report are:

Virbac S.A.
ceva sante animale s.a
C.H. Boehringer Sohn AG & Co. KG
Zoetis Inc
Sanofi S.A
Merck & Co., Inc.
Nutreco N.V.,
Eli Lilly and Company India Pvt. Ltd.
Bayer AG
Heska Corporation

The detailed segments and sub-segments of the market are explained below:

By Product Type

Animal Diagnostics Products
Animal Therapeutics Products

By Animal Type

Companion Animals
Cattle
Pigs
Poultry
Sheep

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Animal Therapeutics and Diagnostics Market Definition and Research Assumptions

1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
- 1.3.1. Inclusion & Exclusion
- 1.3.2. Limitations
- 1.3.3. Supply Side Analysis
  - 1.3.3.1. Availability
  - 1.3.3.2. Infrastructure
  - 1.3.3.3. Regulatory Environment
  - 1.3.3.4. Market Competition
  - 1.3.3.5. Economic Viability (Consumer's Perspective)
- 1.3.4. Demand Side Analysis
  - 1.3.4.1. Regulatory frameworks
  - 1.3.4.2. Technological Advancements
  - 1.3.4.3. Environmental Considerations
  - 1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates

Chapter 2. Executive Summary

2.1. Global Animal Therapeutics and Diagnostics Market Size & Forecast (2022- 2032)
2.2. Regional Summary
2.3. Segmental Summary
- 2.3.1. By Product Type
- 2.3.2. By Animal Type
2.4. Key Trends
2.5. Recession Impact
2.6. Analyst Recommendation & Conclusion

Chapter 3. Global Animal Therapeutics and Diagnostics Market Dynamics

3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities

Chapter 4. Global Animal Therapeutics and Diagnostics Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Animal Therapeutics and Diagnostics Market Size & Forecasts by Product Type 2022-2032

5.1. Animal Diagnostics Products
5.2. Animal Therapeutics Products

Chapter 6. Global Animal Therapeutics and Diagnostics Market Size & Forecasts by Animal Type 2022-2032

6.1. Companion Animals
6.2. Cattle
6.3. Pigs
6.4. Poultry
6.5. Sheep

Chapter 7. Global Animal Therapeutics and Diagnostics Market Size & Forecasts by Region 2022-2032

7.1. North America Animal Therapeutics and Diagnostics Market
- 7.1.1. U.S. Animal Therapeutics and Diagnostics Market
  - 7.1.1.1. Product Type breakdown size & forecasts, 2022-2032
  - 7.1.1.2. Animal Type breakdown size & forecasts, 2022-2032
- 7.1.2. Canada Animal Therapeutics and Diagnostics Market
7.2. Europe Animal Therapeutics and Diagnostics Market
- 7.2.1. U.K. Animal Therapeutics and Diagnostics Market
- 7.2.2. Germany Animal Therapeutics and Diagnostics Market
- 7.2.3. France Animal Therapeutics and Diagnostics Market
- 7.2.4. Spain Animal Therapeutics and Diagnostics Market
- 7.2.5. Italy Animal Therapeutics and Diagnostics Market
- 7.2.6. Rest of Europe Animal Therapeutics and Diagnostics Market
7.3. Asia-Pacific Animal Therapeutics and Diagnostics Market
- 7.3.1. China Animal Therapeutics and Diagnostics Market
- 7.3.2. India Animal Therapeutics and Diagnostics Market
- 7.3.3. Japan Animal Therapeutics and Diagnostics Market
- 7.3.4. Australia Animal Therapeutics and Diagnostics Market
- 7.3.5. South Korea Animal Therapeutics and Diagnostics Market
- 7.3.6. Rest of Asia Pacific Animal Therapeutics and Diagnostics Market
7.4. Latin America Animal Therapeutics and Diagnostics Market
- 7.4.1. Brazil Animal Therapeutics and Diagnostics Market
- 7.4.2. Mexico Animal Therapeutics and Diagnostics Market
- 7.4.3. Rest of Latin America Animal Therapeutics and Diagnostics Market
7.5. Middle East & Africa Animal Therapeutics and Diagnostics Market
- 7.5.1. Saudi Arabia Animal Therapeutics and Diagnostics Market
- 7.5.2. South Africa Animal Therapeutics and Diagnostics Market
- 7.5.3. Rest of Middle East & Africa Animal Therapeutics and Diagnostics Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Virbac S.A.
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Market Strategies
- 8.3.2. ceva sante animale S.A.
- 8.3.3. C.H. Boehringer Sohn AG & Co. KG
- 8.3.4. Zoetis Inc
- 8.3.5. Sanofi S.A
- 8.3.6. Merck & Co., Inc.
- 8.3.7. Nutreco N.V.,
- 8.3.8. Eli Lilly and Company India Pvt. Ltd.
- 8.3.9. Bayer AG
- 8.3.10. Heska Corporation

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes

LIST OF TABLES

TABLE 1. Global Animal Therapeutics and Diagnostics market, report scope
TABLE 2. Global Animal Therapeutics and Diagnostics market estimates & forecasts by Region 2022-2032 (USD Billion)
TABLE 3. Global Animal Therapeutics and Diagnostics market estimates & forecasts by Product Type 2022-2032 (USD Billion)
TABLE 4. Global Animal Therapeutics and Diagnostics market estimates & forecasts by Animal Type 2022-2032 (USD Billion)
TABLE 5. Global Animal Therapeutics and Diagnostics market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 6. Global Animal Therapeutics and Diagnostics market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 7. Global Animal Therapeutics and Diagnostics market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 8. Global Animal Therapeutics and Diagnostics market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9. Global Animal Therapeutics and Diagnostics market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10. Global Animal Therapeutics and Diagnostics market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11. Global Animal Therapeutics and Diagnostics market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12. Global Animal Therapeutics and Diagnostics market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 13. Global Animal Therapeutics and Diagnostics market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 14. Global Animal Therapeutics and Diagnostics market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 15. U.S. Animal Therapeutics and Diagnostics market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 16. U.S. Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 17. U.S. Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 18. Canada Animal Therapeutics and Diagnostics market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 19. Canada Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 20. Canada Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 21. UK Animal Therapeutics and Diagnostics market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 22. UK Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 23. UK Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 24. Germany Animal Therapeutics and Diagnostics market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 25. Germany Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 26. Germany Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 27. France Animal Therapeutics and Diagnostics market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 28. France Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 29. France Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 30. Italy Animal Therapeutics and Diagnostics market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 31. Italy Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 32. Italy Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 33. Spain Animal Therapeutics and Diagnostics market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 34. Spain Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 35. Spain Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 36. RoE Animal Therapeutics and Diagnostics market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 37. RoE Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 38. RoE Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 39. China Animal Therapeutics and Diagnostics market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 40. China Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 41. China Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 42. India Animal Therapeutics and Diagnostics market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 43. India Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 44. India Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 45. Japan Animal Therapeutics and Diagnostics market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 46. Japan Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 47. Japan Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 48. Australia Animal Therapeutics and Diagnostics market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 49. Australia Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 50. Australia Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 51. South Korea Animal Therapeutics and Diagnostics market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 52. South Korea Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 53. South Korea Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 54.
TABLE 55. RoAPAC Animal Therapeutics and Diagnostics market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 56. RoAPAC Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 57. RoAPAC Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 58. Brazil Animal Therapeutics and Diagnostics market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 59. Brazil Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 60. Brazil Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 61. Mexico Animal Therapeutics and Diagnostics market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 62. Mexico Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 63. Mexico Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 64. RoLA Animal Therapeutics and Diagnostics market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 65. RoLA Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 66. RoLA Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 67. Saudi Arabia Animal Therapeutics and Diagnostics market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 68. Saudi Arabia Animal Therapeutics and Diagnostics market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 69. Saudi Arabia Animal Therapeutics and Diagnostics market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 70. South Africa Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 71.
TABLE 72. South Africa Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 73. South Africa Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 74. RoMEA Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 75. RoMEA Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 76. RoMEA Animal Therapeutics and Diagnostics market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 77. List of secondary sources, used in the study of Global Animal Therapeutics and Diagnostics Market.
TABLE 78. List of primary sources, used in the study of Global Animal Therapeutics and Diagnostics Market.
TABLE 79. Years considered for the study.
TABLE 80. Exchange rates considered.

LIST OF FIGURES

FIG 1. Global Animal Therapeutics and Diagnostics market, research methodology
FIG 2. Global Animal Therapeutics and Diagnostics market, market estimation techniques
FIG 3. Global market size estimates & forecast methods.
FIG 4. Global Animal Therapeutics and Diagnostics market, key trends 2023
FIG 5. Global Animal Therapeutics and Diagnostics market, growth prospects 2022-2032
FIG 6. Global Animal Therapeutics and Diagnostics market, porters 5 force model
FIG 7. Global Animal Therapeutics and Diagnostics market, pestel analysis
FIG 8. Global Animal Therapeutics and Diagnostics market, value chain analysis
FIG 9. Global Animal Therapeutics and Diagnostics market by segment, 2022 & 2032 (USD Billion)
FIG 10. Global Animal Therapeutics and Diagnostics market by segment, 2022 & 2032 (USD Billion)
FIG 11. Global Animal Therapeutics and Diagnostics market by segment, 2022 & 2032 (USD Billion)
FIG 12. Global Animal Therapeutics and Diagnostics market by segment, 2022 & 2032 (USD Billion)
FIG 13. Global Animal Therapeutics and Diagnostics market by segment, 2022 & 2032 (USD Billion)
FIG 14. Global Animal Therapeutics and Diagnostics market, regional snapshot 2022 & 2032
FIG 15. North America Animal Therapeutics and Diagnostics market 2022 & 2032 (USD Billion)
FIG 16. Europe Animal Therapeutics and Diagnostics market 2022 & 2032 (USD Billion)
FIG 17. Asia pacific Animal Therapeutics and Diagnostics market 2022 & 2032 (USD Billion)
FIG 18. Latin America Animal Therapeutics and Diagnostics market 2022 & 2032 (USD Billion)
FIG 19. Middle East & Africa Animal Therapeutics and Diagnostics market 2022 & 2032 (USD Billion)
FIG 20. Global Animal Therapeutics and Diagnostics market, company market share analysis (2023)