Title: The Veterinary Anti Infectives Market To Take An Upward Turn In The Next Decade
1The Veterinary Anti Infective Market To Take An
Upward Turn In The Next Decade
Report Id PMRREP17014 Category Life Science
Healthcare
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3North America to remain dominant in the global
parenteral medical nutrition market
- Based on species types, use of veterinary
anti-infectives medicines is relatively higher on
livestock animals as compared to pet animals. In
2016, livestock animals accounted for more than
68 market value share, however, this figure is
likely to drop to 67.4 by 2025 end. - Antimicrobial agents currently are the most
preferred drug type. By the end of forecast
period, antimicrobial agents are expected to
command for 54.6 value share of the market.
Other drugs such as antifungal agents and
antiviral agents are also gaining traction owing
to product improvement and effectiveness. - Based on modes of administration, the oral route
is presently the most common drug administration
mode followed by the parenteral route. By the end
of 2025, the oral administration segment is
projected to reach a market valuation of US
1,573.1 Mn. - Veterinary clinics are projected to reaming the
leading distribution channel for veterinary
anti-infectives in 2017 and beyond. Of late,
veterinary hospitals and pharmacies have emerged
as the other two key distribution channels for
various veterinary drugs including
anti-infectives.
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4Market Segmentation
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