Veterinary Autoimmune Disease Therapeutics Market 2025-2034: Key Highlights, Growth Dynamics, and Emerging Trends
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
How Are Key Drivers Contributing to the Growth and Expansion of the Veterinary Autoimmune Disease Therapeutics Market?
Increased funding for veterinary medicine research is expected to propel the growth of the veterinary autoimmune disease therapeutics market. Veterinary medicine addresses animal diseases and injuries, and research funding is rising due to factors like zoonotic diseases and the growing pet industry. Research into veterinary autoimmune diseases supports advancements in diagnostics and treatment options. In August 2024, the National Institute of Food and Agriculture announced a $3.2 million investment in rural food animal veterinary medicine through its Veterinary Service Grants Program. Thus, the increasing investment in veterinary research is driving the growth of the veterinary autoimmune disease therapeutics market.
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#How Does the ProjectedVeterinary Autoimmune Disease Therapeutics Market Growth Compare Over the Forecast Period?
The veterinary autoimmune disease therapeutics market size will increase from $3.25 billion in 2024 to $3.47 billion in 2025 at a compound annual growth rate (CAGR) of 6.8%. Growth is driven by advancements in immunology, increased pet ownership, improved diagnostic methods, new drug developments, and rising awareness of pet health.
The veterinary autoimmune disease therapeutics market will reach $4.48 billion by 2029, with a CAGR of 6.6%. The growth is driven by advancements in biotechnology, growing veterinary healthcare investment, rising autoimmune diseases in pets, and novel therapeutics. Trends include personalized medicine, biologics use, telemedicine, regenerative therapies, and integrative treatments.
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What New Market Trends Are Reshaping theVeterinary Autoimmune Disease Therapeutics Market and Its Opportunities?
Companies in the veterinary autoimmune disease therapeutics market are developing advanced solutions like RenBiologics to address critical industry demands. In January 2024, Biocytogen launched RenBiologics, a sub-brand focusing on fully human antibodies for therapeutic development. RenBiologics aims to leverage over 400,000 antibody sequences to develop innovative treatments for chronic diseases, improving renal function and transplant success.
Who Are the Leading Market Players Fueling Growth in the Veterinary Autoimmune Disease Therapeutics Market Trend?
Major companies operating in the veterinary autoimmune disease therapeutics market are Pfizer Inc, Merck & Co Inc, AbbVie Inc., Sanofi S.A., Novartis AG, GlaxoSmithKline, Takeda Pharmaceutical Company, Amgen Inc., Teva Pharmaceuticals Industries Ltd., Zoetis Inc, Boehringer Ingelheim International GmbH, Sumitomo Pharma Co. Ltd., IDEXX Laboratories Inc., Cipla Inc., Mallinckrodt Pharmaceuticals, Virbac S.A, Dechra Pharmaceuticals plc, Neogen Corporation, Vetoquinol S.A., Norbrook Laboratories Limited, Heska Corporation, Bimeda Holdings PLC, Bayer Animal Health Inc, Aratana Therapeutics Inc, Hester Biosciences Limited
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How is the Global Veterinary Autoimmune Disease Therapeutics Market Segemented?
The veterinary autoimmune disease therapeutics market covered in this report is segmented –
1) By Therapy Type: Corticosteroids, Azathioprine, Cyclosporine, Mycophenolate, Leflunomide, Cyclophosphamide, Levothyroxine, Folic Acid, Hydroxychloroquine, Chloroquine
2) By Animal Type: Companion Animals, Livestock Animals, Other Animals
3) By Disease: Hypothyroidism, Pemphigus Disease, Canine Lupus, Auto-Immune Hemolytic Anemia, Bullous Pemphigoid, Discoid Lupus Erythematosus (DLE), Immune-Related Arthritis, Other Diseases
4) By Distribution Channel: Veterinary Hospitals, Veterinary Clinics
Subsegments:
1) By Corticosteroids: Prednisone, Prednisolone, Dexamethasone, Methylprednisolone, Triamcinolone
2) By Azathioprine: Azathioprine Oral Tablets, Azathioprine Injectable Formulation
3) By Cyclosporine: Oral Cyclosporine (Atopica), Injectable Cyclosporine
4) By Mycophenolate: Mycophenolate Mofetil (Oral Form), Mycophenolate Sodium (Injectable Form)
5) By Leflunomide: Leflunomide Tablets (Oral), Leflunomide Injection
6) By Cyclophosphamide: Oral Cyclophosphamide, Injectable Cyclophosphamide
7) By Levothyroxine: Levothyroxine Sodium Tablets (Oral), Levothyroxine Sodium Injection
8) By Folic Acid: Folic Acid Supplements (Oral), Injectable Folic Acid
9) By Hydroxychloroquine: Hydroxychloroquine Tablets (Oral), Hydroxychloroquine Injectable Formulation
10) By Chloroquine: Chloroquine Tablets (Oral), Chloroquine Injectable Formulation
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Which Geographics are Influencing the Growth of the Veterinary Autoimmune Disease Therapeutics Market?
North America was the largest region in the veterinary autoimmune disease therapeutics market in 2023. The regions covered in the veterinary autoimmune disease therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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