Ruchi Sharma*

ICAR-Central Avian Research Institute, Izatnagar, Uttar Pradesh, India

*Corresponding Author: Ruchi Sharma, ICAR-Central Avian Research Institute, Izatnagar, Uttar Pradesh, India.

Received: April 29, 2024Published: June 01, 2024

Abstract

The vast market size of the veterinary sector across the globe, encompassing pharmaceutical industries, veterinary hospitals and clinics, disease diagnostics, animal products, and the food industry, continues to grow at a progressive pace. As per the report of Mordor Intelligence, the total valuation of the global veterinary service market in 2024 stood at USD 122.7 billion and is expected to grow by 4.90 per cent CAGR during 2024-29 [7]. The veterinary healthcare market is projected to grow by a CAGR of 6.83 per cent from USD 58.30 billion in 2024 to USD 85.14 billion by 2029 [7]. The factors deriving this growth can be attributed to the increased pet population in urban regions, the increased prevalence of disease outbreaks, and growing sentiments towards animal welfare and insurance.

References

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2. Liu Jiayi., et al. “Farmers' Uptake of Animal Health and Welfare Technological Innovations. Implications for Animal Health Policies”. Frontiers in Veterinary Science 6 (2019).
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Citation

Citation: Ruchi Sharma. “AI and Data Analytics Transforming Veterinary Sector".Acta Scientific Veterinary Sciences 6.7 (2024): 01-02.

Copyright

Copyright: © 2024 Ruchi Sharma. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.