Zoonotic disease treatment refers to the medical interventions and therapies aimed at diagnosing, managing, and preventing illnesses caused by pathogens transmitted between animals and humans. This treatment involves a combination of medication, vaccination, hygiene practices, and control measures to reduce transmission and mitigate the impact of these infections on both animal and human populations.
Sizing and Forecast
The zoonotic disease treatment market size has grown strongly in recent years. It will grow from $37.20 billion in 2023 to $39.71 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to the emergence of major zoonotic outbreaks, urbanization, and habitat encroachment, one health approach, increased surveillance and reporting, globalization, and increased travel and public awareness and education.
The zoonotic disease treatment market size is expected to see strong growth in the next few years. It will grow to $52.26 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to climate change and environmental factors, government and international funding, advancements in medical technology, regulatory support and streamlined approvals, and collaborative research and development. Major trends in the forecast period include the development of broad-spectrum antivirals, strengthening global health infrastructure, advances in diagnostic technology, growth in vaccine development platforms, and focus on preventive measures.
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Segmentation & Regional Insights
The zoonotic disease treatment market covered in this report is segmented –
1) By Disease Type: Rabies, Tuberculosis, Malaria, Leishmaniasis, Ebola Virus Disease, Other Disease Types
2) By Drug Class: Anti-Fungal, Anti-Bacterial, Antibiotics, Other Drug Classes
3) By Causative Agent: Bacteria, Virus, Nematode, Rodents, Ticks, Other Causative Agents
4) By Route Of Administration: Oral, Topical, Other Routes Of Administrations
5) By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Other Distribution Channels
North America was the largest region in the zoonotic disease treatment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the zoonotic disease treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
The increased demand for animal proteins is expected to propel the growth of the zoonotic disease treatment market going forward. Animal proteins are proteins derived from animal sources, such as meat, dairy, eggs, and fish, and contain all essential amino acids necessary for human health. The increased demand for animal proteins is due to the rising global population, higher income levels, urbanization, and growing awareness of the nutritional benefits of animal-based foods. Zoonotic disease treatments offer insights for managing diseases stemming from animal proteins, understanding transmission routes, developing effective therapies, and implementing preventive measures to mitigate public health risks. For instance, in July 2021, according to the report published by the Organization for Economic Co-operation and Development (OECD), a France-based intergovernmental organization, and the Food and Agriculture Organization, an Italy-based specialized agency, global consumption of meat proteins is forecast to surge by 14% by 2030, where availability of protein from various meat sources is expected to grow as beef by 5.9%, pork by 13.1%, poultry by 17.8%, and sheep meat by 15.7%. Therefore, the increased demand for animal proteins is driving the growth of the zoonotic disease treatment market.
Key Industry Players
Major companies operating in the zoonotic disease treatment market are Pfizer Inc., Johnson & Johnson Services Inc., Merck And Co. Inc., Bayer AG, Sanofi S.A., AstraZeneca plc, Novartis International AG, F. Hoffmann-La Roche Ltd., GlaxoSmithKline plc, Takeda Pharmaceutical Company Limited, Eli Lilly and Company, Teva Pharmaceutical Industries Ltd., Zoetis Inc., Boehringer Ingelheim International GmbH, Elanco Animal Health Incorporated, IDEXX Laboretories Inc., Hikma Pharmaceuticals PLC., Ceva Santé Animale, Vir Biotechnology Inc., Virbac, Vetoquinol S.A., BioCryst Pharmaceuticals Inc, Heska Corporation
The zoonotic disease treatment market report table of contents includes:
1. Executive Summary
2. Zoonotic Disease Treatment Market Characteristics
3. Zoonotic Disease Treatment Market Trends And Strategies
4. Zoonotic Disease Treatment Market – Macro Economic Scenario
5. Global Zoonotic Disease Treatment Market Size and Growth
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32. Global Zoonotic Disease Treatment Market Competitive Benchmarking
33. Global Zoonotic Disease Treatment Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Zoonotic Disease Treatment Market
35. Zoonotic Disease Treatment Market Future Outlook and Potential Analysis
36. Appendix
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