Middle East & Africa Animal Healthcare Market: Restraint
The major factors restraining growth of the animal healthcare market are high cost of animal healthcare services and lack of pet insurance. Veterinary care for domestic pets in Saudi Arabia is expensive and can cost more than medical care for humans. The average cost of vaccinations, vet visits, medication, and supplies for a dog in UAE is approximately US$ 1,000, annually. In case the animal is diagnosed with diseases, the overall cost is expected to increase. Moreover, pet owners disown their pets due to the lack of favorable pet insurance.
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