Veterinary Medicines—a study on 50 Major Medicines with Projected Sales

June 7, 20231,093 views

The prevalence of animal diseases, disorders and illnesses has put the spotlight on veterinary medicines. Farmers and pet owners bank on drugs to keep their animal disease free and healthy. The medicine can also be used to control and monitor zoonotic diseases and maintain livestock food supply. Veterinarians also work in agribusiness to ensure a safe food supply, while also helping farmers boost their productivity.  The rising allergic disease among dogs has prompted industry leaders to inject funds into research and development programs and product rollouts. In January 2022, Zoetis announced European Commission marketing authorization for Apoquel chewable tablets for dogs. It will help treat pruritus and provide enough time for veterinarians to identify the cause of allergic disease in dogs. The database lists dogs as the most represented targeted species (65%).   The huge repository of <a href="https://www.grandviewresearch.com/" target="_blank">Grand View Research</a> includes competitive insights exhibiting forward-looking companies’ strategic approaches to bolster their market penetration in veterinary medicine. For instance, in 2021, the top four animal health products in Boehringer Ingelheim led to net sales of more than EUR 1,894 million. The final report, along with the database, will deep-dive into the following dynamics: • Insights on molecules/active ingredients, including Lokivetmab, maleate, Amoxicillin, Selamectin, Pyrantel and Ivermectin. • Inputs on regulatory approvals, patent information, ASP and competition from generics, among others.  • Analysis of a diverse portfolio of diagnose products and veterinary medicines. For instance, pharmaceuticals (most represented in the database) account for 72% share of the total products. • Assessment of anti-inflammatory, antiparasitic, antibiotics and dermatology products.  <div> <div>Get your copy or request a free sample of the report “<a href="https://www.grandviewresearch.com/market-trends/50-key-veterinary-medicines-estimated-sales" target="_blank">50 Key Veterinary Medicines with Estimated Sales, 2018 – 2022</a>,” collated and published by Grand View Research.  </div> <div>Key Veterinary Medicine Report Scope</div> </div> <div> <table class="MsoNormalTable" style="border-collapse: collapse; mso-padding-alt: 0in 0in 0in 0in; mso-yfti-tbllook: 1184; width: 601px;" border="1" cellspacing="0" cellpadding="0"> <tbody> <tr style="height: 22.55pt; mso-yfti-firstrow: yes; mso-yfti-irow: 0;"> <td style="background: #351049; border: 1pt solid #7f69a4; height: 22.55pt; mso-border-alt: solid #7F69A4 .75pt; padding: 0in; width: 141.45pt;" width="189"> Scope </td> <td style="background: #351049; border-left: none; border: 1pt solid #7f69a4; height: 22.55pt; mso-border-alt: solid #7F69A4 .75pt; mso-border-left-alt: solid #7F69A4 .75pt; padding: 0in; width: 309.25pt;" width="412"> Details </td> </tr> <tr style="height: 22.55pt; mso-yfti-irow: 1;"> <td style="background: #e5dfec; border-top: none; border: 1pt solid #b09ad5; height: 22.55pt; mso-border-alt: solid #B09AD5 .75pt; mso-border-top-alt: solid #B09AD5 .75pt; padding: 0in; width: 141.45pt;" width="189"> Brand name </td> <td style="background: #e5dfec; border-bottom: 1pt solid #b09ad5; border-left: none; border-right: 1pt solid #b09ad5; border-top: none; height: 22.55pt; mso-border-alt: solid #B09AD5 .75pt; mso-border-left-alt: solid #B09AD5 .75pt; mso-border-top-alt: solid #B09AD5 .75pt; padding: 0in; width: 309.25pt;" width="412"> Marketed name of the Product e.g., Simparica/Simparica Trio </td> </tr> <tr style="height: 51.85pt; mso-yfti-irow: 2;"> <td style="border-top: none; border: 1pt solid #b09ad5; height: 51.85pt; mso-border-alt: solid #B09AD5 .75pt; mso-border-top-alt: solid #B09AD5 .75pt; padding: 0in; width: 141.45pt;" width="189"> INN </td> <td style="border-bottom: 1pt solid #b09ad5; border-left: none; border-right: 1pt solid #b09ad5; border-top: none; height: 51.85pt; mso-border-alt: solid #B09AD5 .75pt; mso-border-left-alt: solid #B09AD5 .75pt; mso-border-top-alt: solid #B09AD5 .75pt; padding: 0in; width: 309.25pt;" width="412"> Name of the Active Ingredient or Generic Name. The database includes Oclacitinib maleate, Lokivetmab, Selamectin, Amoxicillin, Ivermectin, Pyrantel, and others. </td> </tr> <tr style="height: 22.55pt; mso-yfti-irow: 3;"> <td style="background: #e5dfec; border-top: none; border: 1pt solid #b09ad5; height: 22.55pt; mso-border-alt: solid #B09AD5 .75pt; mso-border-top-alt: solid #B09AD5 .75pt; padding: 0in; width: 141.45pt;" width="189"> Molecular Weight </td> <td style="background: #e5dfec; border-bottom: 1pt solid #b09ad5; border-left: none; border-right: 1pt solid #b09ad5; border-top: none; height: 22.55pt; mso-border-alt: solid #B09AD5 .75pt; mso-border-left-alt: solid #B09AD5 .75pt; mso-border-top-alt: solid #B09AD5 .75pt; padding: 0in; width: 309.25pt;" width="412"> Weight of each active ingredient molecule in grams per mole (g/mol) </td> </tr> <tr style="height: 51.85pt; mso-yfti-irow: 4;"> <td style="border-top: none; border: 1pt solid #b09ad5; height: 51.85pt; mso-border-alt: solid #B09AD5 .75pt; mso-border-top-alt: solid #B09AD5 .75pt; padding: 0in; width: 141.45pt;" width="189"> Company </td> <td style="border-bottom: 1pt solid #b09ad5; border-left: none; border-right: 1pt solid #b09ad5; border-top: none; height: 51.85pt; mso-border-alt: solid #B09AD5 .75pt; mso-border-left-alt: solid #B09AD5 .75pt; mso-border-top-alt: solid #B09AD5 .75pt; padding: 0in; width: 309.25pt;" width="412"> Name of the Company manufacturing/ marketing the Product. The database includes leading animal health companies such as Zoetis, Virbac, Elanco, and Boehringer Ingelheim International GmbH </td> </tr> <tr style="height: 51.1pt; mso-yfti-irow: 5;"> <td style="background: #e5dfec; border-top: none; border: 1pt solid #b09ad5; height: 51.1pt; mso-border-alt: solid #B09AD5 .75pt; mso-border-top-alt: solid #B09AD5 .75pt; padding: 0in; width: 141.45pt;" width="189"> First Approval/ Launch Year </td> <td style="background: #e5dfec; border-bottom: 1pt solid #b09ad5; border-left: none; border-right: 1pt solid #b09ad5; border-top: none; height: 51.1pt; mso-border-alt: solid #B09AD5 .75pt; mso-border-left-alt: solid #B09AD5 .75pt; mso-border-top-alt: solid #B09AD5 .75pt; padding: 0in; width: 309.25pt;" width="412"> The year that indicates the first ever launch of the product. For example, Apoquel was first launched in 2014 by Zoetis. Note: Most of the products in the database have been launched between 2000 and 2015 </td> </tr> <tr style="height: 51.85pt; mso-yfti-irow: 6;"> <td style="border-top: none; border: 1pt solid #b09ad5; height: 51.85pt; mso-border-alt: solid #B09AD5 .75pt; mso-border-top-alt: solid #B09AD5 .75pt; padding: 0in; width: 141.45pt;" width="189"> Indication </td> <td style="border-bottom: 1pt solid #b09ad5; border-left: none; border-right: 1pt solid #b09ad5; border-top: none; height: 51.85pt; mso-border-alt: solid #B09AD5 .75pt; mso-border-left-alt: solid #B09AD5 .75pt; mso-border-top-alt: solid #B09AD5 .75pt; padding: 0in; width: 309.25pt;" width="412"> Specifies approved uses of the product. For instance, the database includes products indicated for dermatitis, pain, osteoarthritis, parasitic diseases, bacterial infections, etc. </td> </tr> <tr style="height: 36.8pt; mso-yfti-irow: 7;"> <td style="background: #e5dfec; border-top: none; border: 1pt solid #b09ad5; height: 36.8pt; mso-border-alt: solid #B09AD5 .75pt; mso-border-top-alt: solid #B09AD5 .75pt; padding: 0in; width: 141.45pt;" width="189"> Type </td> <td style="background: #e5dfec; border-bottom: 1pt solid #b09ad5; border-left: none; border-right: 1pt solid #b09ad5; border-top: none; height: 36.8pt; mso-border-alt: solid #B09AD5 .75pt; mso-border-left-alt: solid #B09AD5 .75pt; mso-border-top-alt: solid #B09AD5 .75pt; padding: 0in; width: 309.25pt;" width="412"> Specifies the type of the product such as Pharmaceuticals/ Vaccines/ Medicated Feed Additives </td> </tr> <tr style="height: 51.85pt; mso-yfti-irow: 8;"> <td style="border-top: none; border: 1pt solid #b09ad5; height: 51.85pt; mso-border-alt: solid #B09AD5 .75pt; mso-border-top-alt: solid #B09AD5 .75pt; padding: 0in; width: 141.45pt;" width="189"> Category </td> <td style="border-bottom: 1pt solid #b09ad5; border-left: none; border-right: 1pt solid #b09ad5; border-top: none; height: 51.85pt; mso-border-alt: solid #B09AD5 .75pt; mso-border-left-alt: solid #B09AD5 .75pt; mso-border-top-alt: solid #B09AD5 .75pt; padding: 0in; width: 309.25pt;" width="412"> Specifies the category or sub-type of the product such as antiparasitic, antibiotic, anti-inflammatory, and dermatology. Anti-infective products such as antiparasitics, and antibiotics are the most dominant in the database. </td> </tr> <tr style="height: 36.8pt; mso-yfti-irow: 9;"> <td style="background: #e5dfec; border-top: none; border: 1pt solid #b09ad5; height: 36.8pt; mso-border-alt: solid #B09AD5 .75pt; mso-border-top-alt: solid #B09AD5 .75pt; padding: 0in; width: 141.45pt;" width="189"> Dosage Form </td> <td style="background: #e5dfec; border-bottom: 1pt solid #b09ad5; border-left: none; border-right: 1pt solid #b09ad5; border-top: none; height: 36.8pt; mso-border-alt: solid #B09AD5 .75pt; mso-border-left-alt: solid #B09AD5 .75pt; mso-border-top-alt: solid #B09AD5 .75pt; padding: 0in; width: 309.25pt;" width="412"> The database includes dosage forms such as injectables, tablets, sprays, and collars, among others. </td> </tr> <tr style="height: 36.8pt; mso-yfti-irow: 10;"> <td style="border-top: none; border: 1pt solid #b09ad5; height: 36.8pt; mso-border-alt: solid #B09AD5 .75pt; mso-border-top-alt: solid #B09AD5 .75pt; padding: 0in; width: 141.45pt;" width="189"> Target Species </td> <td style="border-bottom: 1pt solid #b09ad5; border-left: none; border-right: 1pt solid #b09ad5; border-top: none; height: 36.8pt; mso-border-alt: solid #B09AD5 .75pt; mso-border-left-alt: solid #B09AD5 .75pt; mso-border-top-alt: solid #B09AD5 .75pt; padding: 0in; width: 309.25pt;" width="412"> Dogs dominate the database in terms of target species while others include cats and cattle. </td> </tr> <tr style="height: 51.85pt; mso-yfti-irow: 11;"> <td style="background: #e5dfec; border-top: none; border: 1pt solid #b09ad5; height: 51.85pt; mso-border-alt: solid #B09AD5 .75pt; mso-border-top-alt: solid #B09AD5 .75pt; padding: 0in; width: 141.45pt;" width="189"> Estimated Sales </td> <td style="background: #e5dfec; border-bottom: 1pt solid #b09ad5; border-left: none; border-right: 1pt solid #b09ad5; border-top: none; height: 51.85pt; mso-border-alt: solid #B09AD5 .75pt; mso-border-left-alt: solid #B09AD5 .75pt; mso-border-top-alt: solid #B09AD5 .75pt; padding: 0in; width: 309.25pt;" width="412"> Specifies global revenue of the product in USD million from 2018 to 2022. The highest revenue generated by a product in 2021 was estimated at about USD 750 million. </td> </tr> <tr style="height: 22.55pt; mso-yfti-irow: 12;"> <td style="border-top: none; border: 1pt solid #b09ad5; height: 22.55pt; mso-border-alt: solid #B09AD5 .75pt; mso-border-top-alt: solid #B09AD5 .75pt; padding: 0in; width: 141.45pt;" width="189"> ASP (in USD) </td> <td style="border-bottom: 1pt solid #b09ad5; border-left: none; border-right: 1pt solid #b09ad5; border-top: none; height: 22.55pt; mso-border-alt: solid #B09AD5 .75pt; mso-border-left-alt: solid #B09AD5 .75pt; mso-border-top-alt: solid #B09AD5 .75pt; padding: 0in; width: 309.25pt;" width="412"> Average Selling Price per unit in line with the dosage form </td> </tr> <tr style="height: 22.55pt; mso-yfti-irow: 13;"> <td style="background: #e5dfec; border-top: none; border: 1pt solid #b09ad5; height: 22.55pt; mso-border-alt: solid #B09AD5 .75pt; mso-border-top-alt: solid #B09AD5 .75pt; padding: 0in; width: 141.45pt;" width="189"> Commercialized/ Available in </td> <td style="background: #e5dfec; border-bottom: 1pt solid #b09ad5; border-left: none; border-right: 1pt solid #b09ad5; border-top: none; height: 22.55pt; mso-border-alt: solid #B09AD5 .75pt; mso-border-left-alt: solid #B09AD5 .75pt; mso-border-top-alt: solid #B09AD5 .75pt; padding: 0in; width: 309.25pt;" width="412"> Regions/ countries where the product is sold </td> </tr> <tr style="height: 66.15pt; mso-yfti-irow: 14;"> <td style="border-top: none; border: 1pt solid #b09ad5; height: 66.15pt; mso-border-alt: solid #B09AD5 .75pt; mso-border-top-alt: solid #B09AD5 .75pt; padding: 0in; width: 141.45pt;" width="189"> Patent/ Generics Information </td> <td style="border-bottom: 1pt solid #b09ad5; border-left: none; border-right: 1pt solid #b09ad5; border-top: none; height: 66.15pt; mso-border-alt: solid #B09AD5 .75pt; mso-border-left-alt: solid #B09AD5 .75pt; mso-border-top-alt: solid #B09AD5 .75pt; padding: 0in; width: 309.25pt;" width="412"> Qualitative information about patents, patent expiry, and generics is provided as per the availability of information. For instance, the patents covering the commercial formulation of a product in the database expire in the U.S. in October 2023 and in Brazil in 2025. </td> </tr> <tr style="height: 51.85pt; mso-yfti-irow: 15;"> <td style="background: #e5dfec; border-top: none; border: 1pt solid #b09ad5; height: 51.85pt; mso-border-alt: solid #B09AD5 .75pt; mso-border-top-alt: solid #B09AD5 .75pt; padding: 0in; width: 141.45pt;" width="189"> Other Notes </td> <td style="background: #e5dfec; border-bottom: 1pt solid #b09ad5; border-left: none; border-right: 1pt solid #b09ad5; border-top: none; height: 51.85pt; mso-border-alt: solid #B09AD5 .75pt; mso-border-left-alt: solid #B09AD5 .75pt; mso-border-top-alt: solid #B09AD5 .75pt; padding: 0in; width: 309.25pt;" width="412"> Any other relevant information about the product or any recent initiative covering the product launch, upgrade, etc. For instance, Apoquel by Zoetis is the first Janus kinase inhibitor approved for use in veterinary medicine. </td> </tr> <tr style="height: 22.55pt; mso-yfti-irow: 16; mso-yfti-lastrow: yes;"> <td style="border-top: none; border: 1pt solid #b09ad5; height: 22.55pt; mso-border-alt: solid #B09AD5 .75pt; mso-border-top-alt: solid #B09AD5 .75pt; padding: 0in; width: 141.45pt;" width="189"> Deliverable Format </td> <td style="border-bottom: 1pt solid #b09ad5; border-left: none; border-right: 1pt solid #b09ad5; border-top: none; height: 22.55pt; mso-border-alt: solid #B09AD5 .75pt; mso-border-left-alt: solid #B09AD5 .75pt; mso-border-top-alt: solid #B09AD5 .75pt; padding: 0in; width: 309.25pt;" width="412"> MS Excel/ Dashboard </td> </tr> </tbody> </table> </div> <div> <div>Get more insights from our in-depth market intelligence report “<a href="https://www.grandviewresearch.com/industry-analysis/veterinary-medicine-market" target="_blank">Veterinary Medicine Market Size, Share & Trends Analysis Report By Animal Type (Production Animals, Companion Animals), By Product (Biologics, Pharmaceuticals), By Mode Of Delivery, By End-use, By Region, And Segment Forecasts, 2023 - 2030</a>”</div> <div> </div> <div>About Us</div> <div>Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. </div> <div>Find More information @ <a href="https://www.grandviewresearch.com/info/trend-reports" target="_blank">https://www.grandviewresearch.com/info/trend-reports</a></div> </div> <div> </div>

Blog URL: https://astra.grandviewresearch.com/

Topics

Veterinary Medicines
Veterinary Medicine Market
Veterinary Medicine Industry
Veterinary industry statistics
Veterinary medicine market worldwide

Veterinary Medicines—a study on 50 Major Medicines with Projected Sales

More in Business

Inverter Aircon vs Non-Inverter Aircon: Which One is Better for You?

Buy Hemp Products Online With Fast Same Day Shipping

APEDA Registration in Delhi NCR – Complete Guide (2026)

Fuel Nozzle Guide: Types, Brands & How to Choose