+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

North America Veterinary Oncology Market Size, Share & Trends Analysis Report By Animal Type (Canine, Feline), By Therapy (Radiotherapy, Surgery, Chemotherapy), By Cancer (Skin Cancer, Lymphoma), By Country (U.S., Canada), And Segment Forecasts, 2024 - 2030

  • PDF Icon

    Report

  • 150 Pages
  • July 2024
  • Region: North America
  • Grand View Research
  • ID: 5899495
The North America veterinary oncology market size is expected to reach USD 1.22 billion by 2030, according to a new report. The market is projected to grow at a CAGR of 10.86% from 2024 to 2030. The market is driven by the rising incidence of cancer in pets, the number of veterinary clinical trials investigating the safety and effectiveness of various oncologic therapies, and the increasing penetration of pet insurance. Moreover, increasing strategic initiatives for R&D of targeted therapies for cancer in companion animals is boosting market growth. For instance, in July 2023, Ardent Animal Health partnered with FidoCure to expand access to oncology innovation in veterinary medicine by leveraging the latter's genomic testing and precision medicine platform.

During COVID-19, the market witnessed dampened growth owing to several challenges. The pandemic impacted veterinary cancer research & development efforts and the logistics supply of crucial pet pharmaceuticals. It also limited access to veterinary care. According to the Global Animal Health Association's 2020 report, pet owners in a study said that in many countries, veterinarian services were hampered by delayed or skipped care for pets. The pandemic, however, also accelerated the adoption of digital technologies to enhance care. In March 2020, PetCure Oncology upgraded its Telehealth options to enable pet families and referring veterinarians to remotely connect with its board-certified radiation oncologists.

The market is fragmented and competitive due to the presence of several small-to-large market players. Players are actively involved in deploying strategic initiatives to gain market share. For instance, in January 2022, Dechra acquired the rights to sell, market, and support Laverdia-CA1 (verdinexor tablets) in the U.S. from Anivive Lifesciences, Inc. In June 2022, Boehringer Ingelheim International GmbH entered into a research partnership with CarthroniX, a biopharma company, to develop small molecule therapeutics in canine oncology. In April 2023, Torigen Pharmaceuticals partnered with Veterinary Management Groups (VMG) to provide their experimental autologous prescription products and services to the latter's more than 2,000 member clinics network.

North America Veterinary Oncology Market Report Highlights

  • Based on animal type, the canine segment dominated the market in 2023 with a revenue share of over 86%. The feline segment, on the other hand, is projected to grow at the fastest CAGR of over 12.55% over the forecast period. This is attributed to the increasing partnerships and collaborations to further the development and launch of reliable veterinary cancer therapies. In October 2022, Ardent Animal Health, for example, completed a license agreement for a novel checkpoint inhibitor for canine cancer treatment
  • In terms of therapy, the surgery segment dominated the market in 2023 with a revenue share of over 36%. The immunotherapy segment is projected to grow at the fastest CAGR of 12.91% over the forecast period
  • Based on cancer type, the skin cancers segment dominated the market in 2023 with a revenue share of over 39%. The others segment is projected to grow at the fastest CAGR of over 12% over the forecast period
  • Based on country, the U.S. held the largest revenue share in the market in 2023, while Canada is anticipated to grow at a CAGR of over 11% over the forecast period. The growth in the U.S. is attributed to the presence of key players and strategic initiatives by market players. In April 2023, Torigen Pharmaceuticals opened a new production facility and headquarters in Farmington, Connecticut, U.S.


This product will be delivered within 2 business days.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.1.1. Scope
1.1.2. Estimates And Forecast Timeline
1.2. Market Definitions
1.3. Research Methodology
1.4. Information Procurement
1.4.1. Purchased Database
1.4.2. Internal database
1.5. Market Formulation & Validation
1.6. Model Details
1.6.1. Commodity flow analysis
1.6.2. Global Market: CAGR Calculation
1.7. Research Scope and Assumptions
1.7.1. List of Secondary Sources
1.7.2. List of Primary Sources
1.7.3. Objectives
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. North America Veterinary Oncology Market Variables, Trends, & Scope
3.1. Market Lineage Outlook
3.1.1. Parent Market Outlook
3.1.2. Related/Ancillary Market Outlook
3.2. Market Dynamics
3.2.1. Market Drivers Analysis
3.2.1.1. Increasing Prevalence Of Cancer In Pets
3.2.1.2. Increasing R&D In Pet Cancer Therapy
3.2.1.3. Growing Focus On Animal Safety
3.2.1.4. Growing Uptake Of Pet Insurance
3.2.1.5. Technological Advancements In Pet Cancer Treatment
3.2.1.6. Increase In Pet Population
3.2.2. Market Restraints Analysis
3.2.2.1. High cost of treatment
3.2.2.2. Adverse effects associated with therapies
3.2.2.3. Limited Clinical Evidence
3.2.3. Market Opportunity Analysis
3.2.4. Market Challenges Analysis
3.3. North America Veterinary Oncology Market Analysis Tools
3.3.1. Porter’s Five Forces Analysis
3.3.1.1. Bargaining power of the suppliers
3.3.1.2. Bargaining power of the buyers
3.3.1.3. Threats of substitution
3.3.1.4. Threats from new entrants
3.3.1.5. Competitive rivalry
3.3.2. PESTEL Analysis
3.3.2.1. Political landscape
3.3.2.2. Economic and Social Landscape
3.3.2.3. Technological landscape
3.3.2.4. Environmental Landscape
3.3.2.5. Legal landscape
3.4. COVID-19 Analysis
3.5. Estimated Pet Population, by key countries
Chapter 4. North America Veterinary Oncology Market: Animal Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. North America Veterinary Oncology Market Movement Analysis
4.3. North America Veterinary Oncology Market Size & Trend Analysis, by Animal, 2018 to 2030 (USD Million)
4.4. Canine
4.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
4.5. Feline
4.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
4.6. Equine
4.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 5. North America Veterinary Oncology Market: Therapy Estimates & Trend Analysis
5.1. Segment Dashboard
5.2. North America Veterinary Oncology Market Movement Analysis
5.3. North America Veterinary Oncology Market Size & Trend Analysis, by Therapy, 2018 to 2030 (USD Million)
5.4. Radiotherapy
5.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
5.4.2. Stereotactic Radiation Therapy
5.4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
5.4.2.2. LINAC
5.4.2.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
5.4.2.3. Other Type
5.4.2.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
5.4.3. Conventional Radiation Therapy
5.4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
5.5. Surgery
5.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
5.6. Chemotherapy
5.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
5.7. Immunotherapy
5.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
5.8. Other Therapies
5.8.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 6. North America Veterinary Oncology Market: Cancer Type Estimates & Trend Analysis
6.1. Segment Dashboard
6.2. North America Veterinary Oncology Market Movement Analysis
6.3. North America Veterinary Oncology Market Size & Trend Analysis, by Cancer type, 2018 to 2030 (USD Million)
6.4. Skin Cancer
6.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
6.5. Lymphomas
6.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
6.6. Sarcomas
6.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
6.7. Others
6.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 7. North America Veterinary Oncology Market: Country Estimates & Trend Analysis
7.1. Country Dashboard
7.2. Market Size & Forecasts and Trend Analysis, 2018 to 2030
7.3. North America
7.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
7.3.2. U.S.
7.3.2.1. Key Country Dynamics
7.3.2.2. Competitive Insights
7.3.2.3. U.S. Veterinary Oncology Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.3.3. Canada
7.3.3.1. Key Country Dynamics
7.3.3.2. Competitive Insights
7.3.3.3. Canada Veterinary Oncology Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.3.4. Mexico
7.3.4.1. Key Country Dynamics
7.3.4.2. Competitive Insights
7.3.4.3. Canada Veterinary Oncology Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
8.1. Market Participant Categorization
8.2. Company Market Position Analysis/ Heat Map Analysis
8.3. Estimated Company Market Share Analysis, 2023
8.4. Strategy Mapping
8.4.1. Mergers & Acquisitions
8.4.2. Partnerships & Collaborations
8.4.3. Others
8.5. Company Profiles
8.5.1. Zoetis
8.5.1.1. Participant’s Overview
8.5.1.2. Financial Performance
8.5.1.3. Product Benchmarking
8.5.1.4. Strategic Initiatives
8.5.2. Boehringer Ingelheim International GmbH.
8.5.2.1. Participant’s Overview
8.5.2.2. Financial Performance
8.5.2.3. Product Benchmarking
8.5.2.4. Strategic Initiatives
8.5.3. Elanco
8.5.3.1. Participant’s Overview
8.5.3.2. Financial Performance
8.5.3.3. Product Benchmarking
8.5.3.4. Strategic Initiatives
8.5.4. PetCure Oncology
8.5.4.1. Participant’s Overview
8.5.4.2. Financial Performance
8.5.4.3. Product Benchmarking
8.5.4.4. Strategic Initiatives
8.5.5. Accuray Incorporated
8.5.5.1. Participant’s Overview
8.5.5.2. Financial Performance
8.5.5.3. Product Benchmarking
8.5.5.4. Strategic Initiatives
8.5.6. Varian Medical Systems, Inc.
8.5.6.1. Participant’s Overview
8.5.6.2. Financial Performance
8.5.6.3. Product Benchmarking
8.5.6.4. Strategic Initiatives
8.5.7. Morphogenesis, Inc.
8.5.7.1. Participant’s Overview
8.5.7.2. Financial Performance
8.5.7.3. Product Benchmarking
8.5.7.4. Strategic Initiatives
8.5.8. Karyopharm Therapeutics, Inc.
8.5.8.1. Participant’s Overview
8.5.8.2. Financial Performance
8.5.8.3. Product Benchmarking
8.5.8.4. Strategic Initiatives
8.5.9. Regeneus Ltd.
8.5.9.1. Participant’s Overview
8.5.9.2. Financial Performance
8.5.9.3. Product Benchmarking
8.5.9.4. Strategic Initiatives
8.5.10. OHC (One Health Company)
8.5.10.1. Participant’s Overview
8.5.10.2. Financial Performance
8.5.10.3. Product Benchmarking
8.5.10.4. Strategic Initiatives
Chapter 9. Key Takeaways
List of Tables
Table 1 List of Secondary Sources
Table 2 List of Abbreviations
Table 3 North America Veterinary Oncology Market, by Animal, 2018 - 2030 (USD Million)
Table 4 North America Veterinary Oncology Market, by Therapy, 2018 - 2030 (USD Million)
Table 5 North America Veterinary Oncology Market, by Cancer Type, 2018 - 2030 (USD Million)
Table 6 U.S. Veterinary Oncology Market, by Animal, 2018 - 2030 (USD Million)
Table 7 U.S. Veterinary Oncology Market, by Therapy, 2018 - 2030 (USD Million)
Table 8 U.S. Veterinary Oncology Market, by Cancer Type, 2018 - 2030 (USD Million)
Table 9 Canada Veterinary Oncology Market, by Animal, 2018 - 2030 (USD Million)
Table 10 Canada Veterinary Oncology Market, by Therapy, 2018 - 2030 (USD Million)
Table 11 Canada Veterinary Oncology Market, by Cancer Type, 2018 - 2030 (USD Million)
Table 12 Mexico Veterinary Oncology Market, by Animal, 2018 - 2030 (USD Million)
Table 13 Mexico Veterinary Oncology Market, by Therapy, 2018 - 2030 (USD Million)
Table 14 Mexico Veterinary Oncology Market, by Cancer Type, 2018 - 2030 (USD Million)
Table 15 Company Overview
Table 16 Service Benchmarking
Table 17 Financial Performance
Table 18 Strategic Initiatives
List of Figures
Fig. 1 North America Veterinary Oncology Market segmentation
Fig. 2 Market research process
Fig. 3 Information procurement
Fig. 4 Primary research pattern
Fig. 5 Data Analysis Models
Fig. 6 Market Formulation And Validation
Fig. 7 Data Validating & Publishing
Fig. 8 General methodology for a commodity flow analysis of North America Veterinary Oncology Market
Fig. 9 Commodity flow analysis
Fig. 10 Parent market analysis
Fig. 11 Market snapshot
Fig. 12 Segment snapshot
Fig. 13 Segment snapshot
Fig. 14 Competitive landscape snapshot
Fig. 15 Parent market value, 2023 (USD Billion)
Fig. 16 Ancillary market outlook, 2023
Fig. 17 North America Veterinary Oncology Market Dynamics
Fig. 18 Estimated animal population, 2018 - 2023 by key species and key countries
Fig. 19 North America Veterinary Oncology Market: PORTER’s analysis
Fig. 20 North America Veterinary Oncology Market: PESTEL analysis
Fig. 21 North America Veterinary Oncology Market by Animal: Key Takeaways
Fig. 22 North America Veterinary Oncology Market by Animal, 2023 & 2030
Fig. 23 Canine market, 2018 - 2030 (USD Million)
Fig. 24 Feline market, 2018 - 2030 (USD Million)
Fig. 25 Equine market, 2018 - 2030 (USD Million)
Fig. 26 Horses market, 2018 - 2030 (USD Million)
Fig. 27 North America Veterinary Oncology Market by Therapy: Key Takeaways
Fig. 28 North America Veterinary Oncology Market by Therapy, Market Share, 2023 & 2030
Fig. 29 Radiotherapy market, 2018 - 2030 (USD Million)
Fig. 30 Stereotactic Radiation Therapy market, 2018 - 2030 (USD Million)
Fig. 31 LINAC market, 2018 - 2030 (USD Million)
Fig. 32 Other Stereotactic Radiation Therapy market, 2018 - 2030 (USD Million)
Fig. 33 Conventional Radiation Therapy market, 2018 - 2030 (USD Million)
Fig. 34 Surgery market, 2018 - 2030 (USD Million)
Fig. 35 Chemotherapy market, 2018 - 2030 (USD Million)
Fig. 36 Immunotherapy market, 2018 - 2030 (USD Million)
Fig. 37 Other therapies market, 2018 - 2030 (USD Million)
Fig. 38 North America Veterinary Oncology Market by Cancer Type: Key Takeaways
Fig. 39 North America Veterinary Oncology Market by Cancer Type, Market Share, 2023 & 2030
Fig. 40 Skin Cancers market, 2018 - 2030 (USD Million)
Fig. 41 Lymphomas market, 2018 - 2030 (USD Million)
Fig. 42 Sarcomas market, 2018 - 2030 (USD Million)
Fig. 43 Other market, 2018 - 2030 (USD Million)
Fig. 44 Country market share analysis, 2023 & 2030
Fig. 45 Country marketplace: Key takeaways
Fig. 46 North America Veterinary Oncology Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 47 Key country dynamics
Fig. 48 U.S. Veterinary Oncology Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 49 Key country dynamics
Fig. 50 Canada Veterinary Oncology Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 51 Key country dynamics
Fig. 52 Mexico Veterinary Oncology Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 53 Market Participant Categorization
Fig. 54 Heat map analysis
Fig. 55 Strategic Framework

Companies Mentioned

  • Zoetis
  • Boehringer Ingelheim International GmbH.
  • Elanco
  • PetCure Oncology
  • Accuray Incorporated
  • Varian Medical Systems, Inc.
  • Morphogenesis, Inc.
  • Karyopharm Therapeutics, Inc.
  • Regeneus Ltd.
  • OHC (One Health Company)

Methodology

Loading
LOADING...

Table Information