Name: Pet Cancer Therapeutics Market Size and Trends
Creator: Coherent Market Insights
License: https://www.coherentmarketinsights.com/privacy-policy
Keywords: Pet Cancer Therapeutics Market, Pet Cancer Therapeutics Market Report, Pet Cancer Therapeutics Industry Report, Pet Cancer Therapeutics Market Size, Pet Cancer Therapeutics Market Share, Pet Cancer Therapeutics Market Analysis, Pet Cancer Therapeutics Market Growth, Pet Cancer Therapeutics Market Trends, Pet Cancer Therapeutics Market Overview, Pet Cancer Therapeutics Market Forecast

Pet Cancer Therapeutics Market, by Therapy Type (Chemotherapy, Targeted Therapy, Combination Therapy, and Immunotherapy), by Pet Type (Cat, Dog, and Horse), by Mode of Administration (Oral, Intravenous, and Topical), by Application (Lymphoma, Mast Cell Cancer, Melanoma, Mammary and Squamous Cell Cancer, and Others) and by Region - Global Trends, and Forecast till 2025

Published In : Feb 2018

Code : CMI1284

Pages :194

Formats :

Excel and PDF

Industry : Pharmaceutical

Pet Cancer Therapeutics MarketSize and Trends

The global pet cancer therapeutics market was valued at US$ 183.3 million in 2017 and is expected to witness a robust CAGR of 7.7% over the forecast period (2017 - 2025).

Figure 1. Global Pet Cancer Therapeutics Market (US$ Mn), by Region, 2017

Source: Coherent Market Insights (2018)

Market-Trends

Increasing number of research grants to launch various anti-cancer therapies for veterinary cancer treatment is expected to be a major factor driving growth of the global pet cancer therapeutics market in near future. For instance, in 2017, Animal Cancer Foundation (ACF) received a US$ 1 million grant from the Blue Buffalo Foundation to support comparative oncology research, which aimed to study similarities between naturally occurring cancers in people and pets and find effective treatment in both species. Also, in 2016, the Petco Foundation and Blue Buffalo Foundation invested US$ 2.35 million to support pet cancer research and treatment, as it represents a major cause of illness and premature death in affected species worldwide. Moreover, in 2017, Jackson Laboratory launched Tallwood Canine Cancer Research Initiative (TCCRI), to create a biobank of dog tumors for providing insights on cancer cure through research, in order to develop the most effective cancer therapy.