By Sahrah Surajdeen, Rodney Fernando · Nov 9, 2023
Animal Therapeutics: Nurturing the health of our furry companions
Humans and animals have long held a coexisting relationship, whether furry companions domesticated in our homes or farm species that give us food and nourishment. Coupled with an innate ability to befriend these animals like our own, we have come up with many ways to care for their well-being; this is driven by either our affection and sympathies toward them or our need to receive resources from them.
Today, we see an entire industry dedicated to preserving and enhancing all animal life, including contemporary and traditional innovations to nurture animal health and combat related diseases. This is what we define as “Animal Therapeutics.”
In the modern world, veterinary medicine is developing groundbreaking, customized treatments so our feathered and hoofed friends can live their best lives. Researchers are making exciting strides, including creating personalized medicine tailored to a pet's genetic makeup, adapting regenerative techniques to help livestock recover from injury, and exploring immunotherapy to tackle animal cancers, among a wide range of techniques. Although there are yet challenges to be addressed, the future looks positive for developing breakthrough therapies for all sizes and types of creatures
This Insight takes a deeper look at the Animal Therapeutics industry landscape, highlighting demand drivers, key players, challenges, and key areas of interest for analysts and investors in the foreseeable future.
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