The latest analysis conducted by Market Research Future (MRFR) states that the Global Animal Health Market had reached the value of USD 38,500 million in 2017.
On top of that, the heightened production of food products for animals has resulted in a considerable price reduction, thereby facilitating convenient access to this food at cheap prices.
Plus, the animal health market benefits from the continuous advancements in technology in veterinary healthcare, presenting numerous growth opportunities soon.
To illustrate, as per the data furnished by the American Pet Products Association (APPA), the total expenditure in the pet industry in 2016 had reached the valuation of USD 66.75 billion.
On the upside, growing government initiatives for the promotion of veterinary products will bring lucrative results for the animal health market, in addition to the factors mentioned above.
The vaccines segment will be representing the highest growth rate in the coming years.
Jun 26, 2019 (AB Digital via COMTEX) -- The global Animal Vaccines Market is likely to develop at an estimated CAGR of 5.65% over the forecast period.
It plays a significant role in maintaining animal health and curtails the occurrence of parvovirus, rabies, hepatitis, and distemper.
The global animal vaccines market has been witnessing a remarkable improvement owing to the continuous research and development in the industry.
The worldwide animal vaccines market are dominated by key players such as Biogenesis Bago, Bayer AG, China Animal Husbandry, Boehringer Ingelheim GmbH, Hester, Elanco Animal Health, Indian Immunologicals Limited, Idt Biologika, MSD Animal Health, Merck Animal Health, Tianjin Ringpu, Phibro Animal Health, Zoetis Inc., Vetoquinol, and others.
Based on type, the global market for animal vaccines has been segmented into poultry vaccines, aquaculture vaccines, static porcine vaccines, companion animal vaccines, livestock vaccines, and others. In 2017, Europe held the second largest share in the global animal vaccines market.
To cope up with biopharmaceutical research & development, companies such as Pfizer have introduced “precision medicine”, which is capable of delivering treatments based on disease mechanism and the capacity to target and develop therapies for patients.
Personalized medicine market is driven by rise in reimbursement support & regulatory framework coupled with increase in R activities for next generation sequencing for genetic mapping of patients by clinicians and medical practitioners.
Rise in healthcare expenditures stimulates the need for effective diagnostics for cancer and increase in prevalence of chronic ailments coupled with use of biomarkers for therapeutics is expected to bolster the market growth during the forecast period.
Product segmentation for personalized medicine (PM) market includes PM diagnostics, PM therapeutics, personalized nutrition & wellness and personalized medical care. Geographical segmentation for personalized medicine industry comprises North America, Latin America, Europe, Asia-Pacific, Middle East and Africa.
The research report included company profiles of top manufacturers, their data, deals income, revenue share, deal volume, and purchaser volume is equally specified.
It also contains forecasts using a suitable set of expectations and approaches.
The report determines with the profiles of foremost players in the global.
The major market players are estimated on various factors such as company overview, product selection, and revenue of ‘Global Acrylic Lenses Market’.
‘Global Acrylic Lenses Market’ Report covers market appearances, size and progress, segmentation, provincial collapses, competitive background, market shares, tendencies and strategies for this market.
Significant financial deals which have molded the market in the previous years are recognized.
The growing pet insurance, rising incidence rate of zoonotic diseases, growing pet population, and spending on animal health are the major factors driving the growth of the global animal health market.
Additionally, improvement in productivity, rising focus toward food safety, and increasing pet ownership also fueling the growth of market during forecast periods.
Also, In recent years, various government and private associations are working to control zoonotic diseases.
For instant, in 2014, six associations, namely, the Biotechnology and Biological Sciences Research Council (BBSRC), the Natural Environment Research Council (NERC), the Department for International Development (DFID), the Economic and Social Sciences Research Council (ESRC), the Defense Science and Technology Laboratory (DSTL), and the Medical Research Council (MRC) joined to introduce a new Zoonoses and Emerging Livestock Systems (ZELS) research program.
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On the basis of animal type, the market has been segmented into farm animal and companion animal.
Global medical aesthetics market is projected to reach $19,419.7 million by 2023, growing at a CAGR of 12.2% during 2017 - 2023.According to the study, the global medical aesthetics market is likely to grow from $8.6 billion in 2016 to $19.4 billion by 2023. Advancement in laser technology, growing awareness among consumers, and health benefits of medical aesthetics procedures have been driving the global medical aesthetics market. The market is further expected to gain revenue due to shift in the preference from surgical to non-surgical procedures. There has been a significant growth in non-surgical medical spa procedures in the recent years, resulting from better technologies, such as intense pulsed light and advanced laser based aesthetics equipment.
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Geographically, North America has been the largest market for medical aesthetics, with the U.S. being the largest contributor to the regional market. North America is considered as the platform for innovation in aesthetics procedures, since a majority of established and upcoming market players are either headquartered or have a significant geographical presence in the region. The emerging economies of Asia-Pacific, especially China and India, are expected to grow tremendously in future, which will make Asia-Pacific the second largest market in the coming years. Asia-Pacific is expected to outpace Europe in in terms of medical aesthetics market size by 2020.
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There have been many technological innovations and advancements taking place in the medical aesthetics market. The latest advancements in the laser technology have led to an increased number of its applications in medical aesthetics. These advancements in laser provide benefits such as, small incisions, decrease in the intensity of pain and fast recovery after the procedure. There has been a notable increase in the application of laser technology for various aesthetic treatments, such as hair removal, skin rejuvenation and body contouring, which is bolstering the global medical aesthetics market.
Some of the other key players in the market include Allergan Plc, Valeant Pharmaceuticals International, Inc., ZELTIQ Aesthetics, Inc., Johnson & Johnson, Cutera Inc., Alma Lasers Ltd., Merz GmbH & Co. KGaA, Galderma S.A., Syneron Medical Ltd., Cynosure, Inc., Photomedex, Inc. and Lumenis Ltd.
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Jun 04, 2019 (AB Digital via COMTEX) -- Market Synopsis
The Global Agriculture Bactericides Market is presumed to expand at 4.7% CAGR during the forecast period (2017-2023) owing to the rising demand for food grains, asserts Market Research Future (MRFR).
With the change in climate, there has been a noticeable increase in the pest life cycle which is considered to be one of the major factors driving the Agriculture Bactericides Market both in developed and developing countries.
Moreover, the growing demand for crop protectants from bacterial infection is estimated to foster the market growth at a global level.
The major players operating the global market for agriculture bactericides are-
E. I. du Pont de Nemours and Company (U.S.)
