Increase in the global animal adoption rate, a rise in the prevalence of foodborne and zoonotic diseases, increase in the R&D activities for innovation of new products, and government initiations for the animal healthcare are anticipated to fuel the veterinary anti-infectives market. Moreover, increase in the preference for healthy meat and other dairy products, a rise in awareness about the animal infectious diseases, lack of awareness about veterinary vaccines, and growing animal healthcare expenditure expected to boost the veterinary anti-infectives market over the forecast period.
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Based on the drug type, veterinary anti-infectives market is segmented into the following:
• Anti-viral drugs
• Anti-bacterial drugs
• Parasiticides
• Anti-fungal drugs
• Others
Based on the disease type, veterinary anti-infectives market is segmented into the following:
• Dermatological infections
• Respiratory infections
• Gastrointestinal infections
• Ophthalmic infections
• Others
Based on the species type, veterinary anti-infectives market is segmented into the following:
• Farm animals
o Cattle
o Aqua
o Swine
o Sheep
o Poultry
o Others
• Companion animals
o Canines
o Felines
o Horses
o Rabbits
o Others
Based on the route of administration, veterinary anti-infectives market is segmented into the following:
• Oral
• Parenteral
• Topical
• Others
Based on the distribution channel, veterinary anti-infectives market is segmented into the following:
• Veterinary hospitals
• Veterinary pharmacies
• Online pharmacies
• Others
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The veterinary anti-invectives market is growing at a significant CAGR owing to increase in the animal adoption rate. Market players are actively focusing on the development of novel medicines and vaccines for the prevention or cure of various infectious diseases in animals. The rise in the prevalence of foodborne and zoonotic diseases also expected to propel the veterinary anti-infectives market over the forecast period. Acquisitions and mergers, collaborations, product innovations, and launchings are the strategies followed by the companies for garnering market revenue share in the global veterinary anti-infectives market.
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Some of the players in veterinary anti-infectives market are Zoetis, Inc. (Pfizer) (U.S), Virbac AH Inc. (France), Sanofi S.A. (France), Boehringer Ingelheim Vetmedica, Inc. (Boehringer Ingelheim) (Germany), Bayer HealthCare LLC, (Bayer AG) (Germany), Merck Animal Health (Merck &co. Inc.) (U.S.), Dechra Pharmaceuticals (U.K.), and NovaBay Pharmaceuticals, Inc. (U.S.) to name a few.
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