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Mexico Veterinary Healthcare Market

  • Published Date: 15 May 2018
  • Number of Pages: 155
  • Category: Healthcare and Medical
  • Country: Mexico
By 2022, the Mexico Veterinary Healthcare Marketis estimated to reach US$ XX Mn, up from US$ XX Mn in 2016, growing at a CAGR of XX% during the forecast period. Veterinary healthcare may be defined as the diagnostic tests that are carried out to maintain the health and production of animals, in addition to the early identification and treatment of the first signs of disease. These tests are performed through the various methods that use blood, urine, faeces and tissue sample from animals. Veterinary diagnostics covers a wide range of animal species, including both domestic and wild. New types of animal diseases and their subsequent transfer to humans via animal companionship and animal food product consumption are accelerating the industry growth globally. Furthermore, the increasing exports of animal products from Mexico to other countries of North America like the US and Canada, coupled with the government regulations to curb the rising prices offer opportunities for the key players operating in the market.

Market Dynamics

Better standards of living have resulted in an increase in pet ownership and livestock product consumption across the globe, especially Mexico. With more pet owners willing to pay for veterinary care, the demand for supplements and other treatment options for animal healthcare is on the rise. A stable economy and rising population, especially in countries like Mexico, have resulted in an increased demand and consumption of meat and dairy products. Moreover, increasing consumer awareness for animal diseases and food safety, along with the escalating incidence of zoonotic diseases, are further fuelling the market size. Other major factors driving the market include the technological innovations and developments in animal drugs and healthcare field and favourable government initiatives to promote animal healthcare practices.

Conversely, the increased competition for cultivated land and scarcity of arable land are restraining the growth of the market. The restrictions on the use of parasiticides in food-producing animals, rising storage cost of animal vaccines, lack of awareness about animal healthcare in the rural areas of the country, and the shift towards vegetarian diets offer further hindrances to the market growth.

Market Segmentation

The Mexico Veterinary Healthcare Market is fragmented on the basis of animal types, products, and diagnostics.

Diagnostic Tools
> Clinical Chemistry
> Hematology Tests
> Molecular Diagnostics
> Diagnostic Imaging
> Other Veterinary Diagnostic Products
Products
> Vaccines
> Anti-Infective
> Anti-Parasitic
> Medical Feed Additives
> Other Pharmaceuticals.
Animal Types
> Companion Animals(dogs, cats, horse)
> Farm Animals(poultry, swine, fish, cattle, and sheep)
Key Players

The leading companies operating in the veterinary healthcare market in Mexico include Bayer Animal Health, Ceva Animal Health, Elanco Animal Health, Merck Ltd., Merial (Animal Health division of Sanofi), Novartis Animal Health, and Zoetis Animal Healthcare.

Report Contents:

--> Mexico Veterinary Healthcare Market Segments

--> Mexico Veterinary Healthcare Market Drivers, Restraints and Opportunities

--> Mexico Veterinary Healthcare Market Size & Forecast 2016 to 2022

--> Supply & Demand Value Chain

--> Mexico Veterinary Healthcare Market Current Trends

--> Competition &Major Companies

--> Technology and R&D Status

--> Porters Five Force Analysis

--> Strategic and Critical Success Factor Analysis of Key Players

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides in-depth market segmentation that is derived from extensive product mapping exercises, macro-economic factors and other qualitative and quantitative insights. The impact of all such factors are delivered across multiple market segments and geographies.



Report Highlights:

--> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

--> Consumer and Pricing Analysis

--> Market dynamics of the industry

--> In-depth Market Segmentation

--> Historical and Projected Market Sizing in terms of volume and value

--> Recent market trends and Impact Factors

--> R&D Status and Technology Overview

--> Extensive Industry Structure Coverage

Publisher Name : Market Litmus

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