The global veterinary dermatology market is set to grow significantly in the coming years. Valued at US\$18.59 billion in 2024, it is expected to reach US\$20.11 billion in 2025 and surge to US\$30.31 billion by 2030. This growth reflects a strong annual rate of 8.5%.
Veterinary dermatology includes products used to treat a wide range of skin conditions in pets and livestock. These conditions include allergies, fungal and bacterial infections, irritations, parasitic infestations, atopic dermatitis, chronic skin diseases, and even skin cancer. Treatments range from topical creams to oral tablets and injectable medications. These products not only address skin diseases but also help maintain healthy skin and coats, contributing to the overall health of the animals.
Advances in veterinary dermatology are leading to better and more targeted treatments for skin disorders. Several factors are driving the market’s growth. The increasing number of companion animals and pet owners worldwide is a key driver. Growing concerns about infectious zoonotic diseases, which can spread from animals to humans, also boost demand. Additionally, government and animal welfare organizations are raising awareness about pet health, and more pet owners are adopting pet insurance. These factors lead to higher spending on animal healthcare.
The market also benefits from opportunities such as technological innovations and new product launches. Emerging economies show high growth potential, while developed markets see an increasing number of veterinary practitioners. Together, these trends support a promising future for the veterinary dermatology market.
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