Veterinary dermatology drugs market is anticipated to grow at a CAGR of 9.2% by 2031. The market growth is attributed to the increasing number of severe diseases among animals globally, such as autoimmune skin diseases, parasite skin diseases, dander-related skin disorders, alopecia, and intrinsic skin infections. Additionally, the rising adoption of pets is contributing to the market growth. Furthermore, the market players are actively investing in R&D, which is propelling the market growth.
Dermatological ailments are of concern in both companion animals and livestock animals. These include parasitic infections, allergic infections, and others. According to a study published in Zagazig Veterinary Journal, in 2022, 485 out of 2225 (21.7%) dogs were reported to have different dermatological disorders with alopecia. Mange was the most common dermatological disorder followed by flea infestation and pruritus. The dermatological disorders were more common in the summer (38.8%), and spring (30.3%), and were less common in the autumn and winter (17.1%& 13.8%) respectively. The canines who suffered the most, around 36.3%, belonged to the age group one year and less. Alopecia was an issue in 59.7% of male dogs and 40.2 %of female canines.
Similarly, in November 2023, MDPI published a study on canine Atopic Dermatitis (cAD), highlighting that around 20–30% of dogs are affected. cAD is the most common primary cause of otitis externa, with incidences ranging from 17 to 80% of cAD cases. Additionally, around 60% of atopic dogs suffer from concomitant allergic conjunctivitis, which is related to eye pruritus and skin lesion scores in the head region.
Thus, veterinary instructors, market players, researchers, and international organizations are collectively working to address the issues in canines and other animal classes. The major players in the global veterinary dermatology drugs market include Bimeda, Inc., Ceva Sante Animale, Elanco, Merck & Co., Inc., and Zoetis Inc., among others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers and acquisitions, and more.
Recent Developments
Encapsulating, the increasing dermatological issues among companion animals and livestock, are emerging as a serious concern. The deteriorating environmental conditions, changing climatic conditions, and nutritional deficiencies, stand as the root cause for the skin concerns. Thus, researchers and market players are focusing on developing solutions that can eliminate the concern and provide relief for the veterinarian.