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-Many countries are spending on veterinary drugs to increase the productivity of farm animals
-Improved diagnostic methods, increased awareness of preventive health care and overall well-being, and improved nutritional status all contribute to the increase in the use of veterinary dermatological drugs
Albany, New York, December 7, 2021/PRNewswire/ - Diseases such as protozoan parasites and helminths are becoming more common. Due to the introduction of better technologies, such as molecular diagnostics, for early detection and treatment of these diseases, the global veterinary dermatological drug market is expected to grow.
Differences in clinical manifestations, such as disease stage, genetic factors, lesion size, secondary infection and climate environment, etc., may make accurate diagnosis of this disease difficult. Itching is common in companion animals, and the most common cause is atopic dermatitis. Atopy is the genetic susceptibility to allergic diseases, such as atopic dermatitis (eczema), asthma, and allergic rhinitis. Atopic dermatitis is the most common cause of friction, bites, bites, or ear infections in domestic pets (such as dogs and cats). It can also cause other chronic diseases of domestic pets.
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Dermatophytes cause many zoonotic diseases, and they are thought to be the cause of approximately 80% of human skin diseases transmitted by animals. On the other hand, the latest advances in animal medicines and therapies have proven effective in treating such diseases. In addition, manufacturers are focusing on research and development to avoid dermatophytes and diseases associated with them. These advances are expected to attract many pet owners to use veterinary dermatological drugs, which may drive the market during the forecast period.
The global veterinary dermatology drug market is valued at more than US$3.6 billion in 2020 and is expected to grow at a moderate compound annual growth rate during the forecast period from 2021 to 2031.
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The main findings of the market report
Due to the continuous increase in veterinary care knowledge, the global veterinary dermatological drug market has seen significant growth in the past few years. The market is expected to develop with the acceleration of urbanization and the increase in the number of companion animals. The increasing prevalence of animal atopic dermatitis makes it necessary to develop more effective veterinary drugs. People, especially pet guardians and owners, are learning about veterinary skin problems, treatment alternatives, and different government programs to increase the productivity of farm animals. In addition, the global market is expected to grow due to the increase in the number of companion animals and the willingness of pet owners to pay for their care.
Antifungal drugs are now used to treat skin diseases in animals. Although griseofulvin is the only antifungal drug recommended by the US Food and Drug Administration (FDA) for systemic veterinary treatment, there are also a series of systemic antifungal drugs available. The growth of generic drugs has led to a large number of cost-effective drugs on the market today. The production of new antifungal drugs such as voriconazole, fluconazole, itraconazole and posaconazole is affected by the formation of immunity by fungal organisms. It is expected that the global veterinary dermatological drug market will be driven by effective and better treatment options in the next few years.
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Veterinary Dermatology Drug Market: Growth Momentum
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Veterinary Dermatology Drug Market: Main Competitors
Some of the major market players are
Veterinary Dermatology Drug Market: Segmentation
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