Veterinary Dermatology Drugs Market Size Worth $14.6 Billion By 2028
Veterinary Dermatology Drugs Industry Overview The global veterinary dermatology drugs market size was valued at USD 7.4 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 9.3% from 2021 to 2028. The rising prevalence of skin diseases in animals, as well as high investments by market players in the segment, are the factors expected to drive the market growth. The sector has witnessed a trend of pet owners making more pet care decisions, which is expected to boost the market growth. Gather more insights about the market drivers, restrains and growth of the Global Veterinary Dermatology Drugs Market During the COVID-19 pandemic, most of the market players did not report any negative effect on their revenue. This was because animal health was considered an essential business, due to the high demand for animal protein. In May 2020, Jeffrey N. Simmons, CEO of Elanco stated that the industry is going into an economic slowdown. However, he...