Global Veterinary Clinical Trials Market Size & Outlook
Global veterinary clinical trials market, 2018-2030 (US$Ms)
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Global veterinary clinical trials market highlights
- The global veterinary clinical trials market generated a revenue of USD 4,939.4 millions in 2023 and is expected to reach USD 8,994.8 millions by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 8.9% by 2030.
- In terms of segment, companion animal accounted for a revenue of USD 3,032.1 millions in 2023.
- Companion Animal is the most lucrative animal type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 4,939.4 millions |
| Market revenue in 2030 | USD 8,994.8 millions |
| Growth rate | 8.9% (CAGR from 2023 to 2030) |
| Largest segment | Companion animal |
| Fastest growing segment | Companion Animal |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD millions |
| Market segmentation | Companion Animal, Livestock Animal, Other Animals |
Other key industry trends
- In terms of revenue, the North America accounted for 33.7% of the global veterinary clinical trials market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Kuwait is the fastest growing regional market and is projected to reach USD 24.3 millions by 2030.
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Veterinary Clinical Trials Market Scope
Veterinary Clinical Trials Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Banco Bilbao Vizcaya Argentaria SA ADR | View profile | 121563 | Calle Azul, 4, Madrid, Spain, 28050 | https://www.bbva.com |
| Vivesto AB ADR | View profile | 6 | Gustav III:s Boulevard 46, 5th Floor, Solna, Sweden, SE-169 73 | https://www.vivesto.com |
| Labcorp Drug Development | View profile | 10001+ | Princeton, New Jersey, United States, North America | https://drugdevelopment.labcorp.com |
| Boehringer Ingelheim | View profile | 10001+ | Ingelheim Am Rhein, Rheinland-Pfalz, Germany, Europe | https://www.boehringer-ingelheim.com/ |
| IDEXX Laboratories Inc | View profile | 11000 | One IDEXX Drive, Westbrook, ME, United States, 04092 | https://www.idexx.com |
| Merck & Co Inc | View profile | 72000 | 126 East Lincoln Avenue, Rahway, NJ, United States, 07065 | https://www.merck.com |
| Charles River Laboratories International Inc | View profile | 21400 | 251 Ballardvale Street, Wilmington, MA, United States, 01887 | https://www.criver.com |
Global veterinary clinical trials market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to veterinary clinical trials market will help companies and investors design strategic landscapes.
Companion animal was the largest segment with a revenue share of 61.39% in 2023. Horizon Databook has segmented the Global veterinary clinical trials market based on companion animal, livestock animal, other animals covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Veterinary Clinical Trials Animal Type Outlook (Revenue, USD Millions, 2018-2030)
- Companion Animal
- Canine
- Feline
- Equine
- Livestock Animal
- Other Animals
- Companion Animal
- Global Veterinary Clinical Trials Indication Outlook (Revenue, USD Millions, 2018-2030)
- Oncology
- Internal medicine
- Orthopedics
- Cardiology
- Neurology
- Ophthalmology
- Dermatology
- Other indication
- Global Veterinary Clinical Trials Intervention Type Outlook (Revenue, USD Millions, 2018-2030)
- Medicines
- Medical Device
- Others
- Global Veterinary Clinical Trials Sponsor Outlook (Revenue, USD Millions, 2018-2030)
- Pharmaceutical and Biopharmaceutical companies
- Academics and Research centers
- Others
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global veterinary clinical trials market databook
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Our clientele includes a mix of veterinary clinical trials market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global veterinary clinical trials market, including forecasts for subscribers. This global databook contains high-level insights into Global veterinary clinical trials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global veterinary clinical trials market size, by regions, 2018-2030 (US$Ms)
Top 10 countries: Veterinary clinical trials market size, 2023 (US$Ms)
Global veterinary clinical trials market share, by animal type, 2023 & 2030 (%, US$Ms)
Veterinary clinical trials market: Opportunity assessment by country
Global veterinary clinical trials market, by region, 2023 (US$Ms)
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