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Posted by smithmorgan on August 14, 2024 at 6:02pm 0 Comments 0 Likes
Global Bovine Respiratory Disease Treatment Market Size, Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts to 2030
Bovine respiratory disease (BRD) is the most common and costly disease attacking beef cattle in the world. It is a complex, bacterial infection that causes pneumonia in calves which can be fatal. Symptoms including such as high fever, nasal discharge, rapid and shallow breathing, coughing, diminished, or no appetite. It is not a contagious disease. For the treatment of the BRD, vaccines are available. The most commonly used vaccine for veterinary respiratory diseases is antimicrobial agents, Non-steroidal anti-inflammatory drugs (NSAIDs), mucolytic agents. Oral rehydration, fluids, Bronchodilators, and immunomodulators. The global bovine respiratory disease treatment market size valued USD 449 million in 2020 is expected to reach USD 3279.78 million growing with a CAGR of 22 % over the forecast period.
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Market Dynamics and Factors:
According to the study, the increasing consumption of beef and the rising population are the major factors that are driving the bovine respiratory disease treatment market. The increase in beef consumption is due to the rising population and increasing disposable income, across the globe. Bovine Respiratory Disease (BRD) has a negative impact on the dairy and beef industries, due to calf mortality, treatment expenses, and additional labor costs. Additionally, BRD adversely affects the reproductive performance, growth, and lifespan of cattle. Consequently, there is a huge necessity for bovine respiratory disease treatment market. Moreover, to meet, the increasing demand for beef, most of the countries in the world are expanding the production of cattle meat. The rising demand for beef, increased production, leads to the growing importance of bovine respiratory disease treatment market. There are certain difficulties that are associated with the diagnosis of the BRD. Animals suffering from BRD often show signs of depression, weight loss, cough, nasal discharge, high fever, increased respiratory rate, and abnormal pulmonary sound on auscultation. The presumptive diagnosis after a physical examination is difficult, owing to the similarities of clinical signs and variation of possible bacteria. Hence, the complex diagnostic procedure is controlled the bovine respiratory disease treatment market growth.
Market Segmentation:
Global Bovine Respiratory Disease Treatment Market – By Drug Type
Antibiotics
Vaccines
NSAIDs
Immunomodulators
Others
Global Bovine Respiratory Disease Treatment Market – By Disease Type
Upper Respiratory Tract Infections
Pneumonia
Diphtheria
Global Bovine Respiratory Disease Treatment Market – By Distribution Channel
Veterinary Hospitals
Veterinary Clinics
Private Veterinary Pharmacies
Veterinary Research Institutes
Online Pharmacies
Global Bovine Respiratory Disease Treatment Market – By Geography
North America
U.S.
Canada
Mexico
Europe
U.K.
France
Germany
Italy
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
Rest of Asia Pacific
ROW
Latin America
Middle East
Africa
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Geographic Analysis:
Among the regions, North America is dominated the market in 2019 by contributing the largest bovine respiratory disease treatment market share in terms of revenue, due to increasing awareness about diseases and its treatment, high consumption of beef, increasing production and export beef, and the presence of companies available for manufacturing vaccines for bovine respiratory diseases. Asia Pacific is anticipated to grow at a higher CAGR Around 8.2% during the forecast period. Because of the growing population in India and China.
Competitive Scenario:
The market key players operating in the bovine respiratory disease treatment industry are Bayer Corporation, Boehringer Ingelheim GmbH, Bimeda Animal Health, Elanco, Vetoquinol S.A., Merck & Co Inc., Zoetis Inc., Novartis Animal Health, Vibrac S.A., Ceva Sante Animale, and Bimeda Animal Health.
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How will this Market Intelligence Report Benefit You?
The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.
Exclusive insight into the key trends affecting the Global Bovine Respiratory Disease Treatment industry, although key threats, opportunities and disruptive technologies that could shape the Global Bovine Respiratory Disease Treatment Market supply and demand.
The report tracks the leading market players that will shape and impact the Global Bovine Respiratory Disease Treatment Market most.
The data analysis present in the Global Bovine Respiratory Disease Treatment Market report is based on the combination of both primary and secondary resources.
The report helps you to understand the real effects of key market drivers or retainers on Global Bovine Respiratory Disease Treatment Market business.
The 2021 Annual Global Bovine Respiratory Disease Treatment Market offers:
100+ charts exploring and analysing the Global Bovine Respiratory Disease Treatment Market from critical angles including retail forecasts, consumer demand, production and more
15+ profiles of top producing states, with highlights of market conditions and retail trends
Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand
Benchmark wholesale prices, market position, plus prices for raw materials involved in Global Bovine Respiratory Disease Treatment Market type
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