Expansion of Animal Healthcare Facilities and Launch of Online Animal Healthcare Platforms to Augment Growth of Animal Healthcare Market
Expansion of animal healthcare facilities is expected to propel to growth of the animal healthcare market. For instance, in February 2021, DCC (Dogs Cats & Companions) Animal Hospital, announced to launch of multi-specialty animal hospitals in India. Moreover, launch of products is also expected to aid in growth of the market. For instance, in February 2021, Neogen Corporation relaunched its ThyroKare (levothyroxine sodium tablets), USP, which are approved by the FDA for replacement therapy for diminished thyroid function in dogs. Launch of online animal healthcare platforms is expected to offer lucrative growth opportunities for players in the global animal healthcare market . For instance, in January 2021, Premier Vet Alliance, a veterinary group, launched a new online platform for practice clients to sign up for pet health care plans safely during the pandemic. Moreover, launch of venture capital funds dedicated to digital health is also expected to aid in growth of the ...