Veterinary Oncology Market Share, Growth, Statistics, Development, Trend, Demand, End User Analysis

Rise in prevalence of cancer in animal, surge in R&D activities for veterinary cancer therapy, growth of veterinary oncology market.

PORTLAND, OREGON, UNITED STATES, December 20, 2021 /EINPresswire.com/ -- The chemotherapy segment held the largest share in 2020, accounting for more than one-fourth of the Veterinary Oncology market. Moreover, the segment is projected to manifest the highest CAGR of 11.5% during the forecast period. The report includes an analysis of segments such as surgery, radiology, and others. The canine segment held the lion’s share in 2020, contributing to nearly three-fifths of the market. However, the segment is estimated to portray the highest CAGR of 11.1% from 2021 to 2030. The report includes analysis of the feline segment.

Veterinary oncology market across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across North America held the lion’s share in 2020, accounting for more than two-fifths of the market. However, the market across Asia-Pacific is anticipated to showcase the highest CAGR of 11.9% during the forecast period.

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Key Players:

The global veterinary oncology market report includes an in-depth analysis of the prime market players such as Accuray Incorporated, Elanco, Boehringer Ingelheim International GmbH, Morphogenesis, Inc., Karyopharm Therapeutics, Inc., PetCure Oncology, Nippon Zenyaku Kogyo Co., Varian Medical System, Inc., Regeneus Ltd., and Zoetis.

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Impact of Covid-19 on Veterinary Oncology Market-

• The Covid-19 pandemic had a negative impact on the market due to tremendous stress on the healthcare system across the world and rise in need for development of diagnostic instruments & treatment centers for humans.

• However, there has been rise in demand for pets for companionship during the pandemic, which positively affected the market.

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