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Abi will answer all Veterinary Healthcare Services related
procurement queries with relevant data points
Abi - AI powered digital procurement assistant
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Get up-to-date market and supplier info on Veterinary Healthcare Services to help you build
Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices
Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices
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Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.
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Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography
Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings
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Benchmark your category performance against peers and the market
Measure category performance on 15 key parameters across cost, risk and strategy KPIs
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Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics
Meet Abi
Discover Market Info
Manage Risk
Find Suppliers
Assess Category Performance
Source Market Indices
Abi will answer all Veterinary Healthcare Services related
procurement queries with relevant data points
Abi - AI powered digital procurement assistant
Get up-to-date market and supplier info on Veterinary Healthcare Services to help you build
Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices
Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices
Assess Supplier Risk based on key risk and compliance parameters
Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.
Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus
Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography
Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings
Benchmark your category performance against peers and the market
Measure category performance on 15 key parameters across cost, risk and strategy KPIs
Get information on key factors affecting your supply
Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics
$40.1 Bn
8 Percent
Category Intelligence on Veterinary Healthcare Services covers the following
Market Revenue (2020E): $40.1 Billion
CAGR Growth Rate: 8 percent between 2020 and 2025
The evolution of new diseases offers untapped opportunities for the animal healthcare market. To find enhanced solutions for the prevailing and new diseases, the companies in the animal health market are increasing their research and development activities
Customers of this market are predominantly distributed in the west
Major growth is expected to arise from APAC, LATAM, MEA, and some East European countries. APAC, which is one of the highest producers of animal meat in the world, is expected to consume the highest amount of feed additive, followed by North America
North America and Western Europe is a potential market for companion animal products whether it be pharmaceuticals or vaccines
Japanese companies haven't performed as well in the last few years, they seem to have quite flat growth, while the Chinese companies are seeing a big double-digit rise in their annual revenues
Buyers can leverage low country labor advantage by engaging with suppliers that have presence across the globe, as this would also ensure method transfer from advanced country lab to low cost country lab smoothly
Market Scenario
Drivers
Constraints
The animal healthcare market remains highly competitive and fragmented albeit leading companies continuing to consolidate their market position through high-profile and strategic acquisitions. Innovation: A competitive landscape between the top companies has led to the introduction of new products and vaccines with a view to strengthen their position in the market. Companies yearly invest around 10–12 percent of their sales on innovations in animal health. However, the low research and development returns might shift their focus into mergers and acquisitions, leading to market consolidation. E.g., Virbac launched Speed Reader, a range of biomarker tests for the used for the detection of parasitic and infectious diseases in companion animals and cattle in January 2018.
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