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Veterinary Oncology Market Top Players Business Value Stated US$ 909.4 Million, at a CAGR of 10.9% By 2026: Coherent Market Insights

November 5th, 2020 Coherent Market Insights Releases

Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

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According to Global Veterinary Oncology Market, by Animal Type (Companion Animal (Equine, Canine, and Feline), and Livestock Animal), By Therapy Type (Chemotherapy, Combination Therapy, Immunotherapy, and Targeted Therapy), By Mode of Administration (Oral and Intravenous), by Application (Canine Lymphoma, Osteosarcoma (OSA), Mast Cell Cancer, Melanoma, and Multiple Myeloma), By Distribution Channel (Hospital Pharmacies, Government Agencies, and Retail Pharmacies), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa), published by Coherent Market Insights, the global veterinary oncology market was valued at US$ 401.8 in 2018 and is projected to exhibit a CAGR of 10.9% over the forecast period (2019 – 2026).

Increasing approval and launch of new therapies is expected to propel growth of the global veterinary oncology market over the forecast period. For instance, in 2017, the U.S. Food and Drug Administration conditionally approved VetDC, Inc.’s Tanovea-CA1 (rabacfosadine) for injection for a term of one year, for the treatment of canine lymphoma. Moreover, in 2016, Lymphocyte T-Cell Immunomodulator manufactured by T-Cyte Therapeutics, Inc. received a conditional license from the U.S. Department of Agriculture (USDA) for cats with Feline leukemia virus (FeLV).

To know the latest trends and insights related veterinary oncology market, click the link below: https://www.coherentmarketinsights.com/press-release/veterinary-oncology-market-to-surpass-us-9094-million-by-2026-2460

R&D of new drugs is also expected to aid in growth of the market. For instance, Oasmia Pharmaceuticals AB’s Doxosphos Vet, a patented formulation of doxorubicin and patented XR17 technology is under development for the treatment of lymphoma in dogs.

Among animal type, the companion animal segment is expected to hold major revenue share in 2026. This is attributed to increasing R&D activities and manufacturing facility based on veterinary oncology for companion animals. For instance, in April 2018, Zoetis, Inc. established its animal vaccine research and manufacturing facility in Suzhou, China, which is focused on development and production of quality vaccines for companion animals.

Major players in the market are focused on adopting partnership and collaboration strategies to expand their product portfolio. For instance, in 2017, Karyopharm and Anivive Lifesciences entered into an exclusive global license agreement for R&D and commercialization of Verdinexor (KPT-335), a drug for the treatment of lymphoma, which is in phase 2b of clinical trials.

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Key Takeaways:

The global veterinary oncology market is expected to witness a CAGR of 10.9% during the forecast period (2019–2026)

Increasing approval and launch of new therapies is expected to propel growth of the global veterinary oncology market over the forecast period

Major players operating in the global veterinary oncology market include Zoetis Inc., Elanco, AB Science, Boehringer Ingelheim International GmbH, Zenoaq, VetDC Inc., Morphogenesis, Inc., Karyopharm Therapeutics, Inc., Regeneus Ltd., AdvaVet, Inc., and Rhizen Pharmaceutical SA.

Other Related Reports:

Precision Medicine Software Market by Delivery Type (On-Premise and Cloud-Based), by Application (Oncology, Pharmacogenomics, Rare Diseases, and Others), By End Users (Research Centers, Government Institutes, Pharmaceutical, and Biotechnological Companies, and Others), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) – Size, Share, Outlook, and Opportunity Analysis, 2019 – 2026

Molecular Quality Control Market by Product Type (Independent Control, Instrument Specific Control (DNA Sequencing and NGS, PCR, and Others)), by Analyte (Single Analyte, and Multi-Analyte), by Application (Oncology, Genetic Testing, Infectious Diseases, and Others), By End Users (Clinical Laboratories, Hospitals and Clinics, Research and Academic Institutes, and Others), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) – Size, Share, Outlook, and Opportunity Analysis, 2019 – 2026

Biologics Market, by Drug Class (Monoclonal Antibody, Vaccine, Recombinant Insulin, Human Growth Hormone, Blood Factor, Fusion Protein, Erythropoietin, Recombinant Enzyme, Interferon, Colony-stimulating Factor, Cell Therapy, Gene Therapy, Oligonucleotides and Others (Peptide, Botulinum Toxin, and Others)), By Therapeutic Application (Oncology, Metabolic Disorders, Autoimmune/Immunologic Diseases, Ophthalmic Diseases, Inflammatory Bowel Diseases (IBDs), Respiratory Disorders, Neurological Disorders, Musculoskeletal Disorders (MSDs), Cardiovascular Diseases (CVDs), Infectious Diseases, and Others), By Distribution Channel (Hospitals Pharmacies, Retail Pharmacies, and Online Pharmacies), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

About Us:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies, to not-for-profit organization, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.

To know more about us, please visit our website – www.coherentmarketinsights.com

Contact:

Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837

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