Saudi Arabia Veterinary Medicine Market Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Animal Type (Production {Poultry, Sheep & Goats, Cattle, Others}, Companion (Cats, Horses, Dogs, Others)), By Product Type (Pharmaceuticals {Parasiticides, Analgesics, Anti-Inflammatory, Anti-infectives, Others}, Vaccine {Inactive Vaccines, Attenuated Vaccines, Recombinant Vaccin
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationSaudi Arabia Veterinary Medicine Market Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Animal Type (Production {Poultry, Sheep & Goats, Cattle, Others}, Companion (Cats, Horses, Dogs, Others)), By Product Type (Pharmaceuticals {Parasiticides, Analgesics, Anti-Inflammatory, Anti-infectives, Others}, Vaccine {Inactive Vaccines, Attenuated Vaccines, Recombinant Vaccin
| Forecast Period | 2024-2028 |
| Market Size (2022) | USD 165.08 million |
| CAGR (2023-2028) | 4.67% |
| Fastest Growing Segment | Companion Animal Type Segment |
| Largest Market | Northern & Central |
Market Overview
Saudi Arabia Veterinary Medicine Market has valued at USD 165.08 million in 2022 and is anticipated to witness an impressive growth in the forecast period with a CAGR of 4.67% through 2028. Veterinary medicine, often simply referred to as vet medicine, is a branch of medical science that focuses on the diagnosis, treatment, prevention, and overall healthcare of animals. It encompasses a wide range of medical practices and services designed to ensure the well-being and health of animals, including both domestic and wild species. Veterinarians provide comprehensive healthcare services to animals, covering routine check-ups, vaccinations, surgeries, dental care, and specialized treatments. Their goal is to maintain and improve the health and quality of life for animals. Preventive care is a central aspect of veterinary medicine. It includes measures like vaccinations, parasite control, wellness exams, and dietary guidance to prevent diseases and ensure the long-term health of animals. Veterinarians use a variety of diagnostic tools, including physical examinations, blood tests, imaging (X-rays, ultrasounds), and laboratory testing to identify and treat medical conditions in animals. They may prescribe medications, perform surgeries, or recommend other treatments based on their findings. Veterinary surgeons perform a range of surgical procedures, from routine spaying and neutering to complex surgeries to treat injuries, remove tumors, and address congenital conditions. Surgical procedures in veterinary medicine are like those in human medicine.
The increasing importance of pets in Saudi Arabian households has driven the demand for veterinary services and pet healthcare products, including vaccines, medications, and pet food. Concerns about zoonotic diseases (diseases that can be transmitted from animals to humans) have led to an increased focus on animal health, including vaccinations and disease control measures. Advances in veterinary medicine, such as improved diagnostic tools, pharmaceuticals, and treatment methods, have expanded the range of found at products and services, driving market growth. Increased awareness among pet owners, livestock farmers, and veterinarians about the importance of veterinary care and disease prevention has contributed to market growth.
Key Market Drivers
Technological Advancements
The use of telemedicine platforms and mobile apps allows veterinarians to consult with pet owners remotely, providing advice and guidance on non-emergency cases, reducing the need for in-person visits. Digital radiography, ultrasound, and advanced imaging techniques like MRI and CT scans have revolutionized diagnostic capabilities, enabling veterinarians to obtain high-quality images quickly and share them electronically for expert consultation. Digital pathology systems and telepathology allow pathologists to examine tissue samples remotely, leading to faster and more accurate diagnoses. Surgical robots and robotic-assisted surgery enhance precision and control during surgical procedures, reducing invasiveness and post-operative recovery times.
3D printing technology is used to create customized prosthetics, orthopedic implants, and models for surgical planning. It has also been employed for creating anatomical models for teaching and client communication. Wearable devices like fitness trackers and GPS collars designed for animals provide real-time health monitoring and location tracking, helping owners and veterinarians manage pets' well-being. Techniques like CRISPR-Cas9 have the potential to treat genetic diseases in animals and enhance breeding programs by introducing desired traits. Portable diagnostic tools, such as handheld blood analyzers and DNA sequencers, offer rapid on-site testing and immediate results for conditions like infections and genetic disorders. Digital record-keeping systems make it easier for veterinarians to manage patient data, access medical histories, and share information with colleagues and clients. Advances in pharmaceuticals include new medications, vaccines, and targeted therapies for a wide range of animal health conditions.
Stem cell therapy, platelet-rich plasma (PRP), and regenerative medicine techniques offer innovative treatment options for conditions like arthritis and tissue injuries. State-of-the-art surgical suites are equipped with advanced monitoring systems, precision tools, and integration with imaging equipment to enhance surgical outcomes. AI algorithms are being used for image analysis, pattern recognition, and predictive modeling to aid in diagnosing diseases and planning treatment. Minimally invasive procedures using advanced endoscopic and laparoscopic tools reduce patient trauma and improve recovery times. Advanced monitoring systems provide real-time data on vital signs, helping veterinarians detect early signs of illness or complications during surgery and recovery. The study of how an individual's genetic makeup affects their response to drugs allows for more personalized treatment plans. This factor will help in the development of the Saudi Arabia Veterinary Medicine Market.
Rising Zoonotic Disease Concerns
Zoonotic diseases pose a significant risk to public health. Outbreaks of diseases like rabies, avian influenza, and brucellosis have demonstrated the potential for severe health consequences in humans. Controlling these diseases in animals is essential to prevent human infections. Veterinary medicine is crucial in monitoring, detecting, and controlling zoonotic diseases in animals. Early diagnosis and effective treatment in animals help prevent the spread of diseases to humans.
Many zoonotic diseases can be prevented through vaccination, hygiene measures, and regular health monitoring in animals. The demand for vaccines and preventive healthcare products in veterinary medicine is driven by the need to protect both animal and human populations. The One Health approach recognizes the interconnectedness of human, animal, and environmental health. It emphasizes collaboration between veterinary and medical professionals to address zoonotic diseases comprehensively, creating a greater demand for veterinary services. Regular surveillance and monitoring of zoonotic diseases in animal populations are essential to identify emerging threats and take timely preventive actions. This requires veterinary expertise and diagnostic tools. The study of zoonotic diseases and the development of vaccines and treatments for both animals and humans are key areas of research in veterinary medicine.
In an interconnected world, zoonotic diseases can spread across borders. To facilitate international trade and travel, many countries require evidence of disease control in animals, which increases the demand for veterinary certificates and testing. Environmental changes and ecological factors can influence the prevalence of zoonotic diseases. Veterinary experts play a role in understanding and mitigating these factors. In the event of disease outbreaks, rapid response and containment are essential. Veterinary professionals are central to emergency response efforts, including mass vaccination campaigns and quarantine measures. Increased awareness of zoonotic diseases and their potential impact on public health has led to greater demand for information and services related to animal health and disease control. This factor will pace up the demand of the Saudi Arabia Veterinary Medicine Market.
Increasing Awareness and Education
Awareness campaigns and education programs emphasize the importance of preventive healthcare for animals. Pet owners and livestock farmers become more informed about vaccinations, regular check-ups, and maintaining good animal health practices, leading to greater demand for veterinary services and medicines. Education efforts highlight the risks of zoonotic diseases (diseases that can be transmitted from animals to humans). This knowledge encourages pet owners and farmers to seek veterinary care and use preventive measures, such as vaccinations, to protect both animal and human health. Public education on responsible pet ownership encourages pet owners to provide proper healthcare for their pets, including routine veterinary visits and adherence to recommended treatment regimens. Education in the agricultural sector emphasizes the link between animal health and livestock productivity. Farmers and ranchers are educated on the benefits of veterinary care in terms of improving animal growth, reproduction, and product quality, which drives the demand for veterinary services.
The availability of information on the internet and through veterinary clinics helps pet owners and farmers make informed decisions about their animals' health. This easy access to information fosters a culture of animal healthcare and increases the demand for veterinary medicine. National and regional health campaigns, such as rabies control programs or campaigns to control specific animal diseases, create awareness and promote the importance of veterinary care and vaccinations. Education about the One Health approach, which recognizes the interconnectedness of human, animal, and environmental health, encourages collaboration between veterinary and medical professionals to address health concerns holistically. This approach elevates the status of veterinary medicine and its role in safeguarding public health.
Awareness of government regulations related to animal health, including requirements for vaccinations and disease testing, increases compliance and demand for veterinary services. As pet owners become more aware of the availability of specialized veterinary services, such as dermatology, cardiology, and orthopedics, they seek these services for their pets, driving demand for advanced veterinary care. Informed consumers are more likely to seek out higher-quality pet food, supplements, and medications, driving demand for premium and specialized veterinary products. Growing awareness of animal welfare and the humane treatment of animals encourages people to seek veterinary care to address health issues and ensure the well-being of their animals. This factor will accelerate the demand of the Saudi Arabia Veterinary Medicine Market.
Key Market Challenges
Economic Factors
Economic stability and overall economic conditions in Saudi Arabia can influence pet ownership rates and the willingness of pet owners and livestock farmers to invest in veterinary care. Economic downturns may lead to reduced spending on veterinary services and products. The level of disposable income found at to pet owners and livestock farmers directly affects their ability to afford veterinary care, including routine check-ups, vaccinations, and medications. Economic fluctuations can impact on this disposable income. The cost of veterinary services and medicines can be a barrier to access for some pet owners and farmers. Economic factors can influence pricing and affordability, affecting the demand for veterinary services. Economic conditions can impact government spending on agriculture and animal health initiatives. Reductions in government funding may affect disease control programs, research, and support for the veterinary sector. Economic downturns can affect the livestock industry, which is a significant consumer of veterinary services and products. Reduced demand for animal products, such as meat and dairy, may lead to decreased investment in animal health. The veterinary medicine market in Saudi Arabia relies on imports for a significant portion of its products. Exchange rate fluctuations and trade conditions can impact the cost of imported veterinary medicines and equipment.
Changing Consumer Preferences
Some pet owners are increasingly interested in natural and holistic approaches to pet health, including alternative therapies and herbal remedies. This shift can affect the demand for conventional veterinary medications and treatments. Consumer preferences for premium pet foods, supplements, and medications can lead to increased demand for higher-priced veterinary products and services, which may not be affordable for all pet owners. The convenience of online pet product shopping has grown, impacting traditional veterinary product sales. Consumers may opt for online pharmacies or pet supply retailers, potentially affecting the sales of veterinary medications. Some pet owners prioritize preventive and wellness care for their animals, which can positively impact the demand for vaccinations, regular check-ups, and routine veterinary care. However, this can also pose challenges if veterinary clinics are not adequately equipped to meet this demand. The trend of alternative pet diets, such as raw food and grain-free options, may influence the types of health issues that veterinarians encounter and the dietary recommendations they provide.
Key Market Trends
Preventive Care
Increased awareness among pet owners and livestock farmers about the importance of preventive care has driven the demand for routine check-ups, vaccinations, and wellness examinations for animals. Awareness of zoonotic diseases, which can be transmitted between animals and humans, has prompted pet owners and livestock keepers to prioritize vaccinations and hygiene practices for disease prevention. Government regulations often require the vaccination and preventive healthcare of animals, especially in the case of diseases with zoonotic potential. Compliance with these regulations has led to the growth of preventive care. The link between animal health and public health, particularly in terms of food safety and disease transmission, has encouraged preventive measures in livestock farming and the care of companion animals. Improved access to veterinary clinics and services in urban and suburban areas has made it more convenient for pet owners to seek preventive care for their animals. The increasing urbanization of Saudi Arabia has led to a higher concentration of pets in urban areas. Urban pet owners are often more focused on preventive care due to the closer proximity of pets to human populations. The One Health approach, which recognizes the interconnectedness of human, animal, and environmental health, has encouraged the collaboration of veterinary and medical professionals in promoting preventive healthcare.
Segmental Insights
Animal Type Insights
In 2022, the Saudi Arabia Veterinary Medicine Market largest share was held by Dogs segment and is predicted to continue expanding over the coming years.
Product Type Insights
In 2022, the Saudi Arabia Veterinary Medicine Market largest share was held by Vaccines segment and is predicted to continue expanding over the coming years.
End-User Insights
In 2022, the Saudi Arabia Veterinary Medicine Market largest share was held by
Regional Insights
The Northern & Central region dominates the Saudi Arabia Veterinary Medicine Market in 2022.
Recent Developments
- In May 2023, to markInternational Veterinarian Day, the National Center for the Prevention andControl of Plant Pests and Animal Diseases (Weqaa) has initiated a freshtraining initiative for veterinarians. The program's core objective is toenhance and develop the competencies and expertise of professionals within theanimal health field, particularly in the domains of animal disease preventionand control. Weqaa is dedicated to backing veterinarians in their crucial roleof safeguarding against the transmission of diseases between animals andhumans.
- In November 2022, inRiyadh, the Saudi Minister of Environment, Water and Agriculture, Abdul Rahmanbin Abdul Mohsen Al-Fadhli, officially launched the Aquatic Animal DiseasesNetwork in the Middle East, as reported by the Saudi Press Agency. The primaryobjectives of this network are to enhance the aquaculture industry, emphasizethe significance of aquatic and marine species in food production, managedisease transmission to ensure sustainable growth in regional aquacultureproduction, provide training for veterinarians and aquatic health specialists,and facilitate collaboration among international organizations offering aquatichealth services.
Key Market Players
- MAS Group
- Saudi PharmaceuticalIndustries
- The Arab Pesticides andVeterinary Drugs Mfg. Co (Mobedco)
- Merck Animal Health (MSD)
- Boehringer Ingelheim GmbHSaudi Arabia
- Elanco Animal Health SaudiArabia
- Virbac Saudi Arabia
- Montajat Pharmaceuticals
- Pharma Care Limited
- Al-Takamul AgricultureCompany
| By Animal Type | By Product Type | By End-User | By Region | By Region |
|
|
|
|
|
FAQ'S
For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:
Within 24 to 48 hrs.
You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email
You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.
Discounts are available.
Hard Copy