Press release
Mastitis Market to Expand to USD 2.26 Billion by 2030, Growing at a CAGR of 5.8% from 2024 to 2030
Mastitis Market
The global mastitis market was valued at USD 1.52 billion in 2023 and is projected to grow at a CAGR of 5.8%, reaching approximately USD 2.26 billion by 2030.
To access more details regarding this research, visit the following webpage:https://www.stellarmr.com/report/Mastitis-Market/2101
Market Dynamics
Driving Forces:
Prevalence and Diagnosis: Increasing incidence rates, especially among lactating women, drive market growth. Advanced diagnostic methods like ultrasound and blood analyses enhance accuracy in diagnosis.
Technological Advancements: Innovations in drug discovery and development for mastitis treatment, including new therapies and management protocols, contribute to market expansion.
Environmental and Regulatory Factors: Growing environmental concerns and antibiotic resistance among bacteria causing mastitis stimulate demand for sustainable and effective treatment options.
Challenges:
Antibiotic Resistance: Bacteria developing resistance to common antibiotics limits treatment options and drives the need for new therapeutic approaches.
High Treatment Costs: Accessibility issues in underprivileged areas due to the high cost of advanced therapies hinder market growth.
Regulatory Hurdles: Stringent approval processes delay the market entry of innovative treatments, impacting timely access to modernized therapies.
For in-depth information on this study, visit the following link:https://www.stellarmr.com/report/req_sample/Mastitis-Market/2101
Regional Insights
North America and Europe: Lead in market size due to advanced healthcare infrastructure and stringent regulatory standards. High awareness among dairy farmers and healthcare providers drives market growth.
Asia-Pacific: Growing dairy production and adoption of veterinary services in countries like India and China fuel market expansion.
Latin America and Middle East & Africa: Emerging markets with increasing investments in livestock health and dairy farming.
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Market Segment Analysis
By Type:
Bovine Mastitis: Dominates the market due to high prevalence in dairy cattle, causing significant economic losses for the dairy industry.
Human Mastitis: Affects lactating women, with increasing awareness and demand for effective treatments.
By Treatment:
Bovine: Antibiotics, Vaccines
Human: Pain Relievers, Antibiotics
By End User:
Veterinary Centers
Hospital & Clinics
Competitive Landscape
Key Players:
Bayer AG
Zoetis Inc.
Boehringer Ingelheim GmbH
Merck & Co., Inc.
Astellas Pharma Inc.
Pfizer Inc.
Novartis AG
IDEXX Laboratories
MSD Animal Health
DeLaval International AB
CEVA Santé Animale
Vetoquinol
HIPRA
Kyoritsu Seiyaku Corporation
Ceva Sante Animale
Thermo Fisher Scientific
Laboratorios SYVA
Elanco Animal Health
Hester Biosciences Limited
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Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by different segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
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About Stellar Market Research:
Stellar Market Research is a diverse market research and consulting firm staffed with experts spanning various industries. Our coverage includes but is not limited to medical devices, pharmaceuticals, science and engineering, electronic components, industrial equipment, technology and communications, automotive, chemicals, consumer goods, beverages, personal care, and automation systems. We deliver validated industry forecasts, analysis of technical trends, essential market research, strategic guidance, competitive analysis, production and demand assessments, and client impact assessments.
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