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(Medical-NewsWire.com, December 13, 2016 ) Companion animals can be defined as the animals which serve man by providing companionship and guarding their houses or offices. Numerous types of diseases in animals and their transfer to humans via their product consumption and companionship are escalating the market globally for Companion Animal Health.
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Increasing incidence of zoonotic and food borne diseases is a potential concern to the health of pet animals which will be a major driver for the product. Increasing pet/companion ownership, growing concerns of pets, rising demand for improved nutrition, are the key driving factors for the growth of the market. However, restrictions by regulatory bodies have a negative impact on the sales of antibiotics and soaring costs are hindering the growth of the market.
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Apart from this increasing regulation on animal testing is also a major restraint for number of healthcare companies from manufacturing new advanced drugs.
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The companion animal healthcare market is segmented as follows: Based on Product type:
Feed Additives Nutritional feed additives Medicinal feed additives Pharmaceuticals Vaccines
Based on Geography North America Companion Animal Healthcare Market Europe Companion Animal Healthcare Market Asia Pacific Companion Animal Healthcare Market Latin America Companion Animal Healthcare Market Middle East & Africa Companion Animal Healthcare Market
Some of the major companies dominating the global market Pfizer Animal Health Ltd, Merck & Co Inc., Sanofi Aventis Animal Health, Zoetis Inc., Boehringer Ingelheim GmbH, Elanco Products Company, Bayer AG, Novartis animal Health Inc., Virbac SA, Ceva Sante Animale, Vetoquinol SA.
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The Companion Animal Healthcare market study offers the following deliverables: Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Checkout other related studies in the Animal Health Segment: Veterinary Diagnostics Market: http://www.marketdataforecast.com/market-reports/global-veterinary-diagnostics-market-85/
Veterinary Vaccines Market: http://www.marketdataforecast.com/market-reports/veterinary-vaccines-market-75/
Veterinary Healthcare Market: http://www.marketdataforecast.com/market-reports/global-veterinary-healthcare-market-482/
Bovine Respiratory Disease Treatment Market: http://www.marketdataforecast.com/market-reports/global-bovine-respiratory-disease-treatment-market-908/
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