Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 4.11 Billion | USD 5.86 Billion | 4% | 2023 |
According to the report published by Zion Market Research, the global Canine Flu Therapeutics Market size was valued at USD 4.11 Billion in 2023 and is predicted to reach USD 5.86 Billion by the end of 2032. The market is expected to grow with a CAGR of 4% during the forecast period. The report analyzes the global Canine Flu Therapeutics Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Canine Flu Therapeutics industry.
Canine flu, which is also called dog flu; is a contagious disease that affects the dog’s respiratory system. It is mainly caused by canine influenza virus/Type An influenza virus. There are two types of influenza viruses H3N2 virus H3N8 virus. The symptoms of this disease are upper respiratory illness, reduced appetite, eye discharges, cough, fever, runny nose, and lethargy. It is not compulsory that all the dogs show these symptoms of the flu. The severity of the canine flu can range from having no symptoms to the terminal illness which results in pneumonia and can also lead to death.
The market for canine flu therapeutics is globally fragmented into its treatment type and end user.
On the basis of treatment type, the global market is segregated into vaccines, anti-inflammatory drugs, antibiotics, and others.
On the basis of the end user, the market is categorized into vet clinics, veterinary hospitals, and animal healthcare facilities.
Dogs are vulnerable to canine flu if they come in contact with the respiratory discharges of the infected dogs. According to the study and researches made by the Wisconsin University, the H3N2 virus retains its existence for a longer duration as compared H3N8 virus, thus resulting in the spread of canine flu in the other dogs causing multiple outbreaks. The dogs suffering from canine flu cannot be identified thus the dogs need to be protected. The fact that there is no specific treatment for the disease is triggering for the efforts to discover the new drugs.
The treatment for canine flu is the need which is still unmet, thus giving opportunities for the market to discover new drugs. All these factors are contributing to the market growth. During the initial stage, there are no symptoms visible of the disease canine flu. It thus results in secondary infections such as pneumonia, which is difficult in curing or leads to the death of the dogs. These factors are restraining the growth of the canine flu therapeutics market.
Report Attributes | Report Details |
---|---|
Report Name | Canine Flu Therapeutics Market |
Market Size in 2023 | USD 4.11 Billion |
Market Forecast in 2032 | USD 5.86 Billion |
Growth Rate | CAGR of 4% |
Number of Pages | 210 |
Key Companies Covered | Merck & Co, Intervet Inc., Zoetis Services LLC., and others |
Segments Covered | By treatment type By end user and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The geographical diversification of the market for canine flu therapeutics is given as Eastern Europe, Middle East & Africa, Western Europe, North America, Latin America, and Asia Pacific. The region that dominates the canine flu therapeutics market is North America. It is the U.S. that is dominating the North American region owing to the significant adoption rate of the treatment of canine flu. In the Asia Pacific region, the economic conditions will drive the canine flu therapeutics market in the coming years. The increasing awareness rate of the canine flu in the European and Asia-Pacific regions are contributing towards the market growth. The market growth in the Middle East and African regions is sluggish.
The key market players that are involved in the canine flu therapeutics market include a:
The Global Canine Flu Therapeutics Market is segmented as follows:
By treatment type
By end user
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed