Animal health surgery drugs are defined as drugs administered to animals most preferably before a surgery, after the surgery, or during the surgical procedure, based on the type of surgery being performed on the animal.
Animal Health Surgery Drugs Market: Introduction
- Animal health surgery drugs are defined as drugs administered to animals most preferably before a surgery, after the surgery, or during the surgical procedure, based on the type of surgery being performed on the animal
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- Animal health surgery drugs play a vital role in the animal healthcare industry, as these drugs are used to heal surgical procedures faster and the drugs help reduce the pain for the animal during surgery
- Some major categories of animal health surgery drugs include anti-inflammatories and anesthetics
- Animal health surgery drugs are commonly utilized in animal healthcare clinics and veterinary hospitals where different animal surgeries are practiced
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Key Drivers, Restrains, and Opportunities of Global Animal Health Surgery Drugs Market
- Rising number of pet adoption centers such as Hearts United for Animals, Adopt-a-Pet, and purebred dog rescue organizations, where animals need to be kept safe so that they can be easily adopted and are safe for the caretakers too, is increasing the demand for various animal surgeries, such as ovariohysterectomy, to prevent overbreeding. This, in turn, can reduce the pass of disease from one animal to another.
- Increase in number of animal protection drives globally is fueling the demand for different surgeries in order to free animals of disease or any injury
- Rise in need to protect farm animals from various health issues and diseases is boosting the need for surgeries, as even mild diseases can lead to less production of end-products such as milk, eggs, among others and can even infect the products as well as surrounding animals
- However, risks and side-affects, such as mild vomiting or cardiac arrest, can develop after a surgical procedure as well as by using animal health surgery drugs. These are major factors restraining the animal health surgery drugs market.
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North America to Capture Major Share of Global Animal Health Surgery Drugs Market
- In terms of geography, the global animal health surgery drugs market is segmented into five regions; North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
- North America is expected to account for a major share of the global animal health surgery drugs market due to increased spending towards pet’s health. According to the Animal Health Institute around 67% of people in the U.S. own companion, pets which translates to around 400 million pets and hence, an increase in number of pets is projected to increase the demand for surgeries when the pets undergo various health conditions. Furthermore, favorable government initiatives regarding pet insurance as well as pet safety are also estimated to propel the animal health surgery drugs market in North America.
- Europe is a leading market for animal health surgery drugs, as the animal health industry in the region was valued at around US$ 7 billion in 2020, and an increasing number of companies are investing toward animal health surgery drugs. These factors are driving the animal health surgery drugs market in Europe.
- The animal health surgery drugs market in Asia Pacific is estimated to expand at a rapid pace during the forecast period owing to a rise in the number of pet care centers and veterinary clinics that are improving the quality of surgery. This, in turn, is fueling the need for animal health surgery drugs.
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Key Players Operating in Global Animal Health Surgery Drugs Market
The global animal health surgery drugs market is growing rapidly due to the presence of prominent key players as well as start-ups. Most companies are implementing new strategies for development of innovative animal health surgery drugs that cause less side-affects, which in turn is projected to fuel the global animal health surgery drugs market.
Major players operating in the global animal health surgery drugs market are listed below:
- Merck Animal Health (Merck & Co., Inc.)
- Boehringer Ingelheim International GmbH.
- Elanco Animal Health Incorporated
- Virbac S.A.
- Biogenesis Bago SA
- Piramal Group
- Zoetis
- NEOGEN Corporation.
- Vetoquinol S.A.
- Ceva Santé Animale
- Other Prominent Players
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