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MIDDLE EAST AND AFRICA ANIMAL HEALTHCARE MARKET ANALYSIS

Middle East And Africa Animal Healthcare Market, By Product Type (Anti-infective, Anti-inflammatory, Vaccines (FMD Vaccines, Rabies Vaccines, and Others), Hormones & Substitutes, and Others), By Animal Type (Livestock (Bovine, Porcine, Ovine, and Poultry), and Companion (Canine and Feline)), By Route of Administration (Oral and Parenteral), By Disease Indication (Viral Diseases, Bacterial Diseases, Fungal Diseases, and Others), By Distribution Channel (Veterinary Hospitals, Veterinary Clinics, Retail Pharmacies, and Online Pharmacies), and By Region (Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

  • Published In : Sep 2020
  • Code : CMI3019
  • Pages :244
  • Formats :
      Excel and PDF
  • Industry : Pharmaceutical

Market Challenges And Opportunities

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.

Restraints & Challenges:
  • High cost of animal healthcare services and lack of pet insurance

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