Rising Demand for Global Canine Lymphoma Treatment Market Key Players, Growth Analysis during 2021-2027
The global canine lymphoma treatment market is expected to grow at a significant CAGR during the forecast period (2021-2027). Malignant lymphoma or lymphosarcoma is one of the most prevalent tumours in dogs, accounting for between 7-24% of all canine tumours and 83% of all canine blood cell malignancies. The primary driver of the market is the increased occurrence of canine lymphoma and the development of breeds with a high incidence of lymphoma, such as Boxers, Bull Mastiffs, Basset Hounds, Saint Bernards, Scottish Terriers, Airedales, and Bull dogs. In 2017-2018 APPA survey, the dogs adopted from a shelter or rescue were 44% of the US household. Moreover, the population of pet dogs has also increased significantly over the past years. It was estimated that there were 89.7 million dogs in 2017-2018 in the US.
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Another driver of the canine lymphoma treatment market is the increasing
expenditure of pet care. Moreover, the total spending on veterinary care &
product sales in the US is expected to be nearly around $3.4 million in 2020.
This highlights the fact, that the population in the US, is aware of pet health
and the necessary measures that are required to be taken to improve their
health. This is expected to create significant opportunities for the growth of
the market in the US in the future. Moreover, the visit to veterinarians per pet
per year were remained fairly stable in the past decade. According to AVMA, for
dogs, it was nearly 1.5 times per dog, 0.1 times per bird. In 2016, 78.8% of
dog owners were reported to have annual treatment with their veterinarian as
compared to 47.2 % of cat owners. As the awareness among the population for
pets increases, demand for canine lymphoma treatment is expected to increase
across the country, thereby, promoting the growth of the market in near future.
However, the market for canine lymphoma treatment is hampered by factors such
as high costs and poor animal rights and regulations in underdeveloped
countries. Canine cancer costs between $5,150 and $20,000 to treat, according
to Pet Insurance. This, in turn, is expected to hinder the market growth.
Market Coverage
·
The market number available for – 2020-2027
·
Base year- 2020
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Forecast period- 2021-2027
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Segment Covered
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Regions Covered- Globally
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Competitive Landscape: Oasmia Pharmaceutical AB, VetDC, and Merck
& Co., Inc., among others.
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Global Canine Lymphoma Treatment Market Report by Segment
By Drug Type
• Alkylating Agents
• Corticosteroids
• Purine Analogs
• Others (Antimetabolites
and Immune Modulators)
By Lymphoma Type
• Multicentric Lymphoma
• Alimentary Lymphoma
• Others (Mediastinal
Lymphoma)
Global Canine Lymphoma Treatment Market by Region
North America
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United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of the World
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