Animal Biotechnology Market 2019 Global Key Players, Size, Applications & Growth Opportunities – Analysis to 2025
Jun 20, 2019 11:02 PM ET
Animal Biotechnology Market 2019
Animal biotechnology refers to the branch of biotechnology, which deals with the molecular biology techniques for producing genetically engineered animals (whose genome are modified), in order to make them suitable for pharmaceutical, industrial or agricultural applications. The genetically modified animals have improved growth rates, synthesized therapeutic proteins, and are resistant to various diseases. Increasing R&D by the major market players, rising regulatory approvals, and the rising focus toward cloning and transgenic animals are contributing to the market growth. However, high cost of research and development, and the ethical issues associated with animal biotechnology products may adversely affect the market growth.
The objectives of this study are to define, segment, and project the size of the Animal Biotechnology market based on company, product type, end user and key regions.
This report studies the global market size of Animal Biotechnology in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Animal Biotechnology in these regions.
This research report categorizes the global Animal Biotechnology market by top players/brands, region, type and end user. This report also studies the global Animal Biotechnology market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
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The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Bayer AG
Merck &, Inc.
Pfizer, Inc.
Sanofi
Biogenesis Bago
Santa Cruz Biotechnology, Inc.
Boehringer Inghlem
Virbac Inc.
Zoetis
Market size by Product
Diagnostic Tests
Drugs
Reporductive & Genetic Produtcs
Vaccines
Market size by End User
Preventive Care for Animals
Development of Animal Pharmaceuticals
Food Safety and Drug Development
Others
Market size by Region
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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The healthcare industry is one of the most prevalent and the fastest emerging industries in the world. This particular industry consumes over 10 percent of gross domestic product (GDP) of most developed nations, and forms to be a massive part of a particular country’s economy. The health care industry is tremendously important to people across the world. It comprises of different players, which include hospitals, nursing homes, diagnostic laboratories, pharmacies, medical device manufacturers, and other components of the healthcare system.
The term ‘healthcare’ is defined as the diagnosis, treatment, and prevention of disease, illness, injury, and other physical and mental impairments in humans. Prime practitioners mainly deliver healthcare tasks in medicine, chiropractic, dentistry, nursing, pharmacy, allied health, and other care providers. The healthcare activities are done with providing primary care, secondary care, and tertiary care, as well as in public health.
Focusing on the ‘healthcare industry’ or also termed as the medical industry provides products and services to treat patients with remedial, preventive, rehabilitative, or sedative care. The healthcare industry is self-possessed with the establishments that are devoted to prevention, diagnosis, treatment, and rehabilitation of medical conditions. The treatment for these is completed through providing products or services, and in privately or publicly ways.
The modern healthcare industry is divided into several sub-sectors and depends on teams of trained professionals and paraprofessionals to meet the health needs of individuals and populations. The health care industry also includes establishments ranging from small-town private practices by physicians in hospitals and also provides thousands of different jobs. On the other hand, the healthcare industry is tormented with risks and challenges as requires constant innovation with increased needs and requirements across the world.
In current time, the demographic, social, and cultural changes are continuously putting extra pressure than before on healthcare providers to be more accessible, affordable, and responsive. As a result of it, many existing healthcare organizations are now relying on technology to help in achieving business as well as clinical objectives. Some essential healthcare organization prevail goals such as better quality of care, improved patient outcomes, increased productivity and workflow efficiency, better information at the point of care, improved and integrated communications, privacy and protection of patient information.
When mentioning about technology in the healthcare industry, Artificial Intelligence (AI) has become the prominent face of the developing healthcare world and is considered to be the most important technological advancements. Machine learning and AI are a great help when it comes to managing treatments and diagnosis. This can even substitute interaction with human and reduce manual works. With the advent of AI, the current healthcare market players are investing at an extreme level in bringing AI to speed up their tasks such as screening candidates, streamlining financial processes, diagnosis, disease examination and much more. These factors are turning on the healthcare industry to propel significantly for the future timeframe and providing an optimum level of medical care to the patients globally.
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