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Press Release: Pet Cancer Therapeutics Market to hit $359.4 Million by 2025: Global Market Insights, Inc.


Sellbyville, Delaware, March 15, 2019 (GLOBE NEWSWIRE) --
Australian pet cancer therapeutics market is forecast to grow at over 12.6% CAGR in given timeframe. High growth is due to growing pet-keeping trend, availability of innovative pet care medicines and increasing disposable income of pet owners.Global Pet Cancer Therapeutics Market is expected to surpass USD 359.4 million by 2025; according to a new research report by Global Market Insights, Inc. Growing pet adoption rate coupled with increasing disposable income of pet owners will drive pet cancer therapeutics industry growth. Strong and robust drug pipeline for treatment of pet cancer will stimulate business growth over the forecast years.Rising number of pet dogs suffering from cancer will spur orthopedic implants and devices demand. According to American Veterinary Cancer Society, nearly 50% of dogs over the age of 10 have cancer and die of it. The need to control cancer in pets and pet owners will to save their pet from cancer is a major reason behind development in cancer therapeutics.Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2017However, high cost of pet cancer drugs along with rising instances of adverse drug events should hamper industry growth over the forecast years. Lack of awareness regarding pet diseases among the pet owners will impede industry expansion.Chemotherapy has been the mainstream medication for pet cancers till recent times. However, immunological vaccines entered the market and are gaining significant market share. With number of chemotherapy drugs in pipeline, the industry should witness considerable growth over the coming years.Browse key industry insights spread across ...


Posted: 2019-03-15 07:04:00

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