Saudi Arabia Veterinary Medicine Market to grow with a CAGR of 4.65% through 2030
Technological Advancements and Rising Zoonotic Disease Concerns are expected to drive the demand of Saudi Arabia Veterinary Medicine Market in the forecast period 2026-2030
According
to TechSci Research report, “Saudi Arabia Veterinary Medicine Market - By Region, Competition, Forecast & Opportunities, 2020-2030”, Saudi Arabia Veterinary
Medicine Market has valued at USD 180.12 Million in 2024 and is anticipated to
witness an impressive growth in the forecast period with a CAGR of 4.65%
through 2030.
Collaborations and partnerships among leading companies with diverse approaches are driving growth in the market by combining the expertise of individual organizations to strengthen their competitive position. Urbanization is a key driver of demand for veterinary medicine. Higher pet ownership rates in urban areas, including dogs, cats, and small animals, have led to an increased need for veterinary services such as routine check-ups, vaccinations, and treatments. The urban lifestyle places a significant emphasis on the well-being of companion animals, with pet owners in these areas more likely to seek veterinary care, preventive healthcare, and specialized services for their pets. The higher human population density in urban environments leads to greater interaction between people and pets, increasing the risk of zoonotic disease transmission and further driving the need for veterinary care and preventive measures.
Urban veterinary clinics and hospitals offer a wide range of specialized services, such as cardiology, ophthalmology, and dermatology, to meet the growing demand from pet owners seeking high-quality care. Additionally, urban areas often have facilities that provide emergency and after-hours care, catering to pet owners with demanding schedules. The presence of pet-related businesses like grooming salons, pet daycares, and pet stores also supports the overall demand for pet healthcare products and services, working in synergy with veterinary clinics.
A major challenge in the Saudi Arabian veterinary medicine market is the shortage of skilled professionals. Despite efforts to develop the country’s veterinary educational infrastructure, there are still limitations in the number of veterinary schools and training programs available to produce enough qualified professionals. The rapid growth in demand for veterinary services, particularly in urban areas, has outpaced the supply of skilled veterinarians and technicians. As the field of veterinary medicine becomes increasingly specialized, there is a growing need for professionals with expertise in areas such as surgery, cardiology, dermatology, and exotic animal care. Recruiting professionals with these specialized skills is proving difficult. Additionally, some skilled veterinarians may be drawn to opportunities abroad offering higher salaries or better working conditions, contributing to a talent drain in the domestic veterinary workforce.
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"Saudi Arabia Veterinary Medicine Market”
Saudi Arabia Veterinary Medicine Market is
segmented based on Animal Type, Product Type, End User, and by region.
Based on the Product type, the Saudi Arabia Veterinary Medicine Market largest share was held by Vaccines segment and is predicted to continue expanding over the coming years. Vaccines are a fundamental component of preventive healthcare for animals. They are essential in controlling and preventing the spread of various infectious diseases among livestock and pets. Given the importance of disease prevention, vaccines are in high demand. The Saudi Arabian government often enforces strict regulations related to animal health and disease control. Many of these regulations require mandatory vaccination programs for specific diseases, such as Foot and Mouth Disease (FMD) and Rift Valley Fever in livestock. Compliance with these regulations drives the demand for vaccines. Saudi Arabia has a substantial livestock industry, including cattle, sheep, and poultry. Vaccines are routinely used in this sector to maintain the health and productivity of animals. The livestock industry is a significant consumer of vaccines. There is growing awareness and concern for animal welfare in Saudi Arabia. Vaccination is seen as a critical aspect of ensuring the well-being of animals, and pet owners often request vaccinations to protect their pets from diseases. The prevention of zoonotic diseases, which can be transmitted from animals to humans, is a public health priority. Vaccination of animals helps reduce the risk of zoonotic disease transmission, and this is a strong driver for vaccine use.
Some
of the major companies operating in the Saudi
Arabia Veterinary Medicine Market include:
- MAS
Group
- Saudi
Pharmaceutical Industries
- The
Arab Pesticides and Veterinary Drugs Mfg. Co (Mobedco)
- Merck
Animal Health (MSD)
- Boehringer
Ingelheim GmbH Saudi Arabia
- Elanco
Animal Health Saudi Arabia
- Virbac
Saudi Arabia
- Montajat
Pharmaceuticals
- Pharma
Care Limited
- Al-Takamul
Agriculture Company
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“Certain areas, particularly in North
America, are projected to exert significant demand for Veterinary Medicine. The
growth in the competitive landscape and the presence of well-established
companies in the market, committed to enhance the overall wellbeing of people
each year, are expected to contribute to a remarkable growth of the Saudi
Arabia Veterinary Medicine Market in the forecast period," said Mr. Karan
Chechi, Research Director of TechSci Research, a research-based Global
management consulting firm.
"Saudi Arabia Veterinary Medicine Market By Animal Type (Production, Companion), By Product Type (Pharmaceuticals, Vaccines, Medicated Feed Additives), By End User (Veterinary clinics, Veterinary Hospitals, Others), By Region, Competition, Forecast & Opportunities, 2020-2030F", has
evaluated the future growth potential of Saudi Arabia Veterinary Medicine
Market and provides statistics & information on market size, structure, and
future market growth. The report intends to provide innovative market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Saudi Arabia Veterinary
Medicine Market.
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