Global Animal Sedative Market 2024-2028
The animal sedative market is forecasted to grow by USD 169.2 mn during 2023-2028, accelerating at a CAGR of 5.25% during the forecast period. The report on the animal sedative market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing prevalence of animal diseases, growing applications of animals in medical research, and growing investment in R&D activities.
Technavio's animal sedative market is segmented as below:
By Type
By Geography
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the increasing adoption of pet animals as one of the prime reasons driving the animal sedative market growth during the next few years. Also, rising expenditure on veterinary care and enhancing quality of care in animals during diagnosis and surgical procedures will lead to sizable demand in the market.
The report on the animal sedative market covers the following areas:
- Animal sedative market sizing
- Animal sedative market forecast
- Animal sedative market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading animal sedative market vendors that include Akorn Operating Co. LLC, AmerisourceBergen Corp, Bayer AG, Bimeda Holdings Ltd., Boehringer Ingelheim International GmbH, Ceva Sante Animale, Chanelle Pharma Group, Dechra Pharmaceuticals PLC, Elanco Animal Health Inc., Jurox Pty Ltd., Konig SA, Laboratorios Richmond, Merck KGaA, Modern Veterinary Therapeutics LLC, Orion Corp., Ouro Fino Saude Animal Group, Randlab Pty Ltd., Troy Laboratories Pty Ltd., Virbac Group, and Zoetis Inc.. Also, the animal sedative market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.