Veterinary Vaccines Market Size Worth USD 12.75 Billion by 2027

 

Increasing trend to use fewer antibiotics and growing use of vaccines to treat zoonotic disorders are boosting the veterinary vaccines market.

The global veterinary vaccines market is anticipated to reach value of USD 12.75 Billion by 2027, according to a current analysis by Emergen Research. The veterinary/animal vaccines market is likely to expand rapidly, due to the growing use of vaccines to treat zoonotic disorders and increasing inclination to use fewer antibiotics. Moreover, the rising rate of incidence of livestock disorders is anticipated to propel the veterinary vaccines market further during the forecast period.

However, during the forecast period, the global veterinary vaccines market is likely to be hampered by lack of appropriate standards and quality controls in veterinary vaccine production.

Market Size – USD 7.73 Billion in 2019, Market Growth – at a CAGR of 6.9%, Market Trends – Rise in the incidence of livestock disorders

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Scope of The Report:

The global Spinal Implants and Surgery Devices is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector.  The global Energy Efficient Spinal Implants and Surgery Devices report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures.

 

Global Energy Efficient Glass market competition by TOP MANUFACTURERS, with production, price, and revenue (value) and market share for each manufacturer; the top players including:

·         Key participants include Stryker Corporation, RTI Surgical Inc., Nuvasive Inc., Zimmer Biomet Holdings Inc., Boston Scientific, Depuy Synthes, B. Braun Melsungen, Abbott Laboratories, Orthofix International NV, and Medtronic PLC, among others.

Emergen Research has segmented the global spinal implants and surgery devices market on the basis of product type, technology, surgery type, end-user, and region:

Product Type Outlook (Revenue, USD Billion; 2017-2027)

·         Thoracic Fusion & Lumbar Fusion Devices

1.      Posterior

2.      Interbody

·         Cervical Fusion Devices

1.      Anterior

2.      Posterior

·         Spine Biologics

·         Vertebral Compression Fracture Treatment Devices

·         Spinal Decompression Devices

·         Spine Bone Stimulators

1.      Invasive

2.      Non-Invasive

·         Non-Fusion Devices

1.      Dynamic Stabilization Devices

2.      Artificial Discs

3.      Annulus Repair Devices

4.      Nuclear Disc Prostheses

Technology Outlook (Revenue, USD Billion; 2017-2027)

·         Spinal Fusion & Fixation

·         Vertebral Compression Fracture Treatment

·         Spinal Decompression

·         Motion Preservation

Surgery Type Outlook (Revenue, USD Billion; 2017-2027)

·         Open Surgery

·         Minimally Invasive Surgery

End-User Outlook (Revenue, USD Billion; 2017-2027)

·         Hospitals

·         Specialty Clinics

·         Ambulatory Surgical Centers

Regional Outlook (Revenue, USD Billion; 2017-2027)

·         North America

1.      U.S.

2.      Canada

3.      Mexico

·         Europe

1.      Germany

2.      UK

3.      France

4.      BENELUX

5.      Rest of Europe

·         Asia Pacific

1.      China

2.      Japan

3.      South Korea

4.      Rest of APAC

·         Latin America

1.      Brazil

2.      Rest of LATAM

·         MEA

1.      Saudi Arabia

2.      UAE

3.      Rest of MEA

 

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Some Key Highlights from the Report

·         In January 2020, Automazioni VX, Inc. entered into a cooperative agreement with Merck Animal Health, a division of Merck KGaA. The collaboration was aimed to launch Innoject Pro, a uniquely developed technology for subcutaneous injection vaccination of chicken. The technology can be utilized in conjunction with the Innovax vaccine by Merck Animal Health, which is used to safeguard poultry from bacterial infections.

• The poultry segment is expected to lead the global veterinary vaccines market throughout the forecast period, expanding at a CAGR of 7.0%. The increased need for risk-free pet food, associated with a growing focus on developing new animal protection approaches, is estimated to drive the segment during the forecast period.

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