Insights on the Companion Animal Health Global Market to 2026 – Featuring Elanco, IDEXX Laboratories and Medtronic Among Others – | Financial Buzz

Insights on the Companion Animal Health Global Market to 2026 – Featuring Elanco, IDEXX Laboratories and Medtronic Among Others –

The “Companion Animal Health Market Research Report by Type, by Animal, by End User, by Region – Global Forecast to 2026 – Cumulative Impact of COVID-19” report has been added to’s offering.

The Global Companion Animal Health Market size was estimated at USD 20.86 Billion in 2020 and expected to reach USD 24.45 Billion in 2021, at a Compound Annual Growth Rate (CAGR) 17.53% to reach USD 55.01 Billion by 2026.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Companion Animal Health Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Companion Animal Health Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Companion Animal Health Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Companion Animal Health Market?

4. What is the competitive strategic window for opportunities in the Global Companion Animal Health Market?

5. What are the technology trends and regulatory frameworks in the Global Companion Animal Health Market?

6. What is the market share of the leading vendors in the Global Companion Animal Health Market?

7. What modes and strategic moves are considered suitable for entering the Global Companion Animal Health Market?

Market Dynamics


  • Increasing initiatives by government and animal welfare associations
  • Technological advancements in the field of animal healthcare
  • Changing the perception of the consumers toward pet health and longer life expectancy for companion animal
  • Increasing disposable incomes and pet owners afford to spend more on pet healthcare
  • Increasing online shopping and home delivery is driving the product sale


  • Increase in cheap counterfeit drugs
  • Lack of infrastructure, funding, and standardization


  • Increase in cheap counterfeit drugs
  • Lack of infrastructure, funding, and standardization


  • Prohibition on the use of antibiotics and antimicrobials in animal feed in many countries,
  • High cost associated with animal testing and veterinary in developing countries

Companies Mentioned

  • Alcami Corporation
  • B. Braun Melsungen AG
  • Bayer AG
  • Bioiberica S.A.U.
  • Boehringer Ingelheim GmbH
  • Ceva Sante Animale S.A.
  • Cozmix Inc.
  • Dechra Pharmaceuticals PLC
  • Elanco Animal Health Incorporated
  • Elanco US, Inc.
  • Eli Lilly and Company
  • IDEXX Laboratories, Inc.
  • Medtronic PLC
  • Merck & Co., Inc.
  • MSD Animal Health Srl
  • Nutreco N.V.
  • Perrigo Company PLC
  • Vetoquinol SA
  • Virbac SA
  • Zoetis, Inc.

For more information about this report visit


Laura Wood, Senior Press Manager

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