Veterinary Healthcare Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact – both negative and positive – of COVID-19 on the veterinary healthcare industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected veterinary healthcare market growth numbers 2021-2030.
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The Veterinary Healthcare Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global veterinary healthcare market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030. The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Veterinary Healthcare Global Market Report 2021 covers veterinary healthcare market drivers, veterinary healthcare market trends, veterinary healthcare market growth rate, veterinary healthcare market major players, player-adopted strategies in the market, and veterinary healthcare market size.
The global veterinary healthcare market is expected to decline from $150.7 billion in 2019 to $119 billion in 2020 at a compound annual growth rate (CAGR) of -21.1%. The decline is mainly due to COVID-19 outbreak and the lockdown measures to contain it. Several veterinary care facilities in affected countries have been completely closed or have been only providing minimal treatment for emergency cases. There is also worldwide demand and supply issue due to an inadequate production of veterinary care devices because of the restrictions imposed by governments of various countries to shutdown factories, or function with minimal staffing to contain the spread of virus and keep the staff safe. The market is then expected to recover and grow at a CAGR of 6% from 2021 and reach $186.7 billion in 2023.
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The report covers the veterinary healthcare market segments-
1) By Type: Veterinary Services, Veterinary Medical Equipment, Animal Medicine
2) By Type Of Animal: Livestock, Companion Animals Subsegments Covered, Animal Hospitals And Veterinary Clinics, Veterinary Laboratory Testing Services, Veterinary Diagnostic Equipment, Veterinary Anesthesia Equipment, Veterinary Patient Monitoring Equipment, Other Veterinary Medical Equipment, Veterinary Pharmaceuticals, Feed Additives
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