The global animal health market was valued at USD 41.50 billion in 2018 and is expected to grow to USD 97.54 billion by 2032, reflecting a compound annual growth rate (CAGR) of 6.3% over the forecast period. In 2018, North America led the global market, accounting for 34.02% of the total share.
Animal healthcare focuses on the well-being of animals through the appropriate use of drugs, vaccines, medicated feeds, and diagnostic tools to address various medical conditions. Animals play a vital role in human life, providing food, protection, and companionship.
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