Global Wildlife Health Market Overview and statistic For 2024-2033
Wildlife Health Global Market Report 2024 : Market Size, Trends, And Global Forecast 2024-2033
The Business Research Company's Wildlife Health Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033
LONDON, GREATER LONDON, UK, July 4, 2024 /EINPresswire.com/ -- The wildlife health market size2 has seen rapid growth in recent years, expanding from $2.26 billion in 2023 to $2.51 billion in 2024 at a compound annual growth rate (CAGR) of 11.3%. This growth in the historic period can be attributed to factors such as habitat destruction, increased availability of wildlife veterinary care facilities, and advancements in delivering medicines for animals in sanctuaries and zoos. The market is expected to continue its upward trajectory, reaching $3.7 billion by 2028 with a CAGR of 10.2%. Forecasted growth drivers include rising demand for animal health products, regional prospects, and strategic initiatives by industry leaders.
Rising Demand for Wildlife Conservation Drives Market Growth
The wildlife health market is poised for rapid expansion, driven by growing global collaboration in disease surveillance, data analytics, and artificial intelligence. Major trends in the forecast period include increased wildlife conservation measures and funding activities, aimed at preserving biodiversity and sustainable wildlife management. For instance, substantial funding allocations by governmental bodies such as the United States Department of the Interior underscore the market's pivotal role in supporting conservation efforts.
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Major Players and Strategic Moves
Key players in the wildlife health market include Bayer AG, Novartis AG, Merck & Co Inc., and others. These companies are actively adopting strategic partnerships to enhance pathogen control in environments like equine sectors. For example, a partnership between the United States Equestrian Federation (USEF), Merck Animal Health, and ByoPlanet demonstrates innovative approaches integrating advanced technologies with antimicrobial
solutions.
Key Market Segments
• Animal Type: Mammals, Birds, Fish, Reptiles, Amphibians
• Product: Medicine, Equipment and Consumables
• Route of Administration: Oral, Injectable, Other Routes of Administration
• End-User: Zoos, Wildlife Sanctuaries, Wildlife Rescue and Rehab Centers, Other End Users
Regional Insights: North America Leading the Market
North America emerged as the largest region in the wildlife health market in 2023, with robust growth anticipated in other regions including Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
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Wildlife Health Global Market Report 20241 from TBRC covers the following information:
• Market size data for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Wildlife Health Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on wildlife health market size, wildlife health market drivers and trends, wildlife health market major players, competitors' revenues, market positioning, and market growth across geographies. The wildlife health market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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