The Latin America, Middle East and Africa Veterinary Pharmacovigilance Market would witness market growth of 16.2% CAGR during the forecast period (2023-2029).
The market is characterized by several new developments, such as the expanding use of digital technologies like machine learning and artificial intelligence, the creation of pharmacovigilance databases, and the implementation of proactive pharmacovigilance strategies. In the upcoming years, these developments are anticipated to change the industry and propel its expansion. The expanding regulatory requirements are another aspect fueling competitiveness in the veterinary pharmacovigilance market.
The number of businesses that provide services for regulatory compliance has increased due to regulatory authorities' increasingly strict standards for veterinary pharmaceuticals. Also, this has increased industry competitiveness as businesses try to set themselves apart by providing more thorough regulatory compliance services. Also, there is a greater need for comprehensive pharmacovigilance programs due to the rising occurrence of chronic diseases in animals, including cancer and diabetes, increasing the demand for specific medications and therapies.
Livestock is essential to Latin America and is a fundamental food source for the local population's food security. Latin America has all the necessary elements to be a significant livestock producer, fulfill food demands, and maintain regional and international food security, owing to its large pasturelands, favorable climate pattern, and wise use of inputs, including cereals (corn, soybean), and fertilizers. Due to increased international demand, the cattle industry has exploded in recent years. Latin America is now the region that exports the most beef and poultry globally, owing to its tremendous expansion. Consequently, animal care has increased substantially in the region, aiding in the regional market's growth.
The Brazil market dominated the LAMEA Veterinary Pharmacovigilance Market by Country 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $29.4 million by 2029. The Argentina market is exhibiting a CAGR of 16.8% during (2023 - 2029). Additionally, The UAE market would showcase a CAGR of 15.9% during (2023 - 2029).
Based on Product, the market is segmented into Anti-infectives, Biologics and Others. Based on Animal Type, the market is segmented into Dogs, Cats and Others. Based on Solution, the market is segmented into Software and Services. Based on Type, the market is segmented into In-house and Contract Outsourcing. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Veterinary Pharmacovigilance Market is Projected to reach USD 1.6 Billion by 2029, at a CAGR of 13.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Accenture PLC, ArisGlobal LLC, Ennov SAS, Sarjen Systems Pvt. Ltd., PharSafer Associates Ltd., Knoell Germany GmbH, biologit, Indivirtus Group (Indivirtus Healthcare Services), Oy Medfiles Ltd., and Azierta Life Sciences & Health Consulting Firm S.L.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Anti-infectives
- Biologics
- Others
By Animal Type
By Solution
By Type
- In-house
- Contract Outsourcing
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Accenture PLC
- ArisGlobal LLC
- Ennov SAS
- Sarjen Systems Pvt. Ltd.
- PharSafer Associates Ltd.
- Knoell Germany GmbH
- biologit
- Indivirtus Group (Indivirtus Healthcare Services)
- Oy Medfiles Ltd.
- Azierta Life Sciences & Health Consulting Firm S.L
TABLE 1 LAMEA Veterinary Pharmacovigilance Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Veterinary Pharmacovigilance Market, 2023 - 2029, USD Million
TABLE 3 LAMEA Veterinary Pharmacovigilance Market by Product, 2019 - 2022, USD Million
TABLE 4 LAMEA Veterinary Pharmacovigilance Market by Product, 2023 - 2029, USD Million
TABLE 5 LAMEA Anti-infectives Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Anti-infectives Market by Country, 2023 - 2029, USD Million
TABLE 7 LAMEA Biologics Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Biologics Market by Country, 2023 - 2029, USD Million
TABLE 9 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Others Market by Country, 2023 - 2029, USD Million
TABLE 11 LAMEA Veterinary Pharmacovigilance Market by Animal Type, 2019 - 2022, USD Million
TABLE 12 LAMEA Veterinary Pharmacovigilance Market by Animal Type, 2023 - 2029, USD Million
TABLE 13 LAMEA Dogs Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Dogs Market by Country, 2023 - 2029, USD Million
TABLE 15 LAMEA Cats Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Cats Market by Country, 2023 - 2029, USD Million
TABLE 17 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Others Market by Country, 2023 - 2029, USD Million
TABLE 19 LAMEA Veterinary Pharmacovigilance Market by Solution, 2019 - 2022, USD Million
TABLE 20 LAMEA Veterinary Pharmacovigilance Market by Solution, 2023 - 2029, USD Million
TABLE 21 LAMEA Software Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Software Market by Country, 2023 - 2029, USD Million
TABLE 23 LAMEA Services Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Services Market by Country, 2023 - 2029, USD Million
TABLE 25 LAMEA Veterinary Pharmacovigilance Market by Type, 2019 - 2022, USD Million
TABLE 26 LAMEA Veterinary Pharmacovigilance Market by Type, 2023 - 2029, USD Million
TABLE 27 LAMEA In-house Market by Country, 2019 - 2022, USD Million
TABLE 28 LAMEA In-house Market by Country, 2023 - 2029, USD Million
TABLE 29 LAMEA Contract Outsourcing Market by Country, 2019 - 2022, USD Million
TABLE 30 LAMEA Contract Outsourcing Market by Country, 2023 - 2029, USD Million
TABLE 31 LAMEA Veterinary Pharmacovigilance Market by Country, 2019 - 2022, USD Million
TABLE 32 LAMEA Veterinary Pharmacovigilance Market by Country, 2023 - 2029, USD Million
TABLE 33 Brazil Veterinary Pharmacovigilance Market, 2019 - 2022, USD Million
TABLE 34 Brazil Veterinary Pharmacovigilance Market, 2023 - 2029, USD Million
TABLE 35 Brazil Veterinary Pharmacovigilance Market by Product, 2019 - 2022, USD Million
TABLE 36 Brazil Veterinary Pharmacovigilance Market by Product, 2023 - 2029, USD Million
TABLE 37 Brazil Veterinary Pharmacovigilance Market by Animal Type, 2019 - 2022, USD Million
TABLE 38 Brazil Veterinary Pharmacovigilance Market by Animal Type, 2023 - 2029, USD Million
TABLE 39 Brazil Veterinary Pharmacovigilance Market by Solution, 2019 - 2022, USD Million
TABLE 40 Brazil Veterinary Pharmacovigilance Market by Solution, 2023 - 2029, USD Million
TABLE 41 Brazil Veterinary Pharmacovigilance Market by Type, 2019 - 2022, USD Million
TABLE 42 Brazil Veterinary Pharmacovigilance Market by Type, 2023 - 2029, USD Million
TABLE 43 Argentina Veterinary Pharmacovigilance Market, 2019 - 2022, USD Million
TABLE 44 Argentina Veterinary Pharmacovigilance Market, 2023 - 2029, USD Million
TABLE 45 Argentina Veterinary Pharmacovigilance Market by Product, 2019 - 2022, USD Million
TABLE 46 Argentina Veterinary Pharmacovigilance Market by Product, 2023 - 2029, USD Million
TABLE 47 Argentina Veterinary Pharmacovigilance Market by Animal Type, 2019 - 2022, USD Million
TABLE 48 Argentina Veterinary Pharmacovigilance Market by Animal Type, 2023 - 2029, USD Million
TABLE 49 Argentina Veterinary Pharmacovigilance Market by Solution, 2019 - 2022, USD Million
TABLE 50 Argentina Veterinary Pharmacovigilance Market by Solution, 2023 - 2029, USD Million
TABLE 51 Argentina Veterinary Pharmacovigilance Market by Type, 2019 - 2022, USD Million
TABLE 52 Argentina Veterinary Pharmacovigilance Market by Type, 2023 - 2029, USD Million
TABLE 53 UAE Veterinary Pharmacovigilance Market, 2019 - 2022, USD Million
TABLE 54 UAE Veterinary Pharmacovigilance Market, 2023 - 2029, USD Million
TABLE 55 UAE Veterinary Pharmacovigilance Market by Product, 2019 - 2022, USD Million
TABLE 56 UAE Veterinary Pharmacovigilance Market by Product, 2023 - 2029, USD Million
TABLE 57 UAE Veterinary Pharmacovigilance Market by Animal Type, 2019 - 2022, USD Million
TABLE 58 UAE Veterinary Pharmacovigilance Market by Animal Type, 2023 - 2029, USD Million
TABLE 59 UAE Veterinary Pharmacovigilance Market by Solution, 2019 - 2022, USD Million
TABLE 60 UAE Veterinary Pharmacovigilance Market by Solution, 2023 - 2029, USD Million
TABLE 61 UAE Veterinary Pharmacovigilance Market by Type, 2019 - 2022, USD Million
TABLE 62 UAE Veterinary Pharmacovigilance Market by Type, 2023 - 2029, USD Million
TABLE 63 Saudi Arabia Veterinary Pharmacovigilance Market, 2019 - 2022, USD Million
TABLE 64 Saudi Arabia Veterinary Pharmacovigilance Market, 2023 - 2029, USD Million
TABLE 65 Saudi Arabia Veterinary Pharmacovigilance Market by Product, 2019 - 2022, USD Million
TABLE 66 Saudi Arabia Veterinary Pharmacovigilance Market by Product, 2023 - 2029, USD Million
TABLE 67 Saudi Arabia Veterinary Pharmacovigilance Market by Animal Type, 2019 - 2022, USD Million
TABLE 68 Saudi Arabia Veterinary Pharmacovigilance Market by Animal Type, 2023 - 2029, USD Million
TABLE 69 Saudi Arabia Veterinary Pharmacovigilance Market by Solution, 2019 - 2022, USD Million
TABLE 70 Saudi Arabia Veterinary Pharmacovigilance Market by Solution, 2023 - 2029, USD Million
TABLE 71 Saudi Arabia Veterinary Pharmacovigilance Market by Type, 2019 - 2022, USD Million
TABLE 72 Saudi Arabia Veterinary Pharmacovigilance Market by Type, 2023 - 2029, USD Million
TABLE 73 South Africa Veterinary Pharmacovigilance Market, 2019 - 2022, USD Million
TABLE 74 South Africa Veterinary Pharmacovigilance Market, 2023 - 2029, USD Million
TABLE 75 South Africa Veterinary Pharmacovigilance Market by Product, 2019 - 2022, USD Million
TABLE 76 South Africa Veterinary Pharmacovigilance Market by Product, 2023 - 2029, USD Million
TABLE 77 South Africa Veterinary Pharmacovigilance Market by Animal Type, 2019 - 2022, USD Million
TABLE 78 South Africa Veterinary Pharmacovigilance Market by Animal Type, 2023 - 2029, USD Million
TABLE 79 South Africa Veterinary Pharmacovigilance Market by Solution, 2019 - 2022, USD Million
TABLE 80 South Africa Veterinary Pharmacovigilance Market by Solution, 2023 - 2029, USD Million
TABLE 81 South Africa Veterinary Pharmacovigilance Market by Type, 2019 - 2022, USD Million
TABLE 82 South Africa Veterinary Pharmacovigilance Market by Type, 2023 - 2029, USD Million
TABLE 83 Nigeria Veterinary Pharmacovigilance Market, 2019 - 2022, USD Million
TABLE 84 Nigeria Veterinary Pharmacovigilance Market, 2023 - 2029, USD Million
TABLE 85 Nigeria Veterinary Pharmacovigilance Market by Product, 2019 - 2022, USD Million
TABLE 86 Nigeria Veterinary Pharmacovigilance Market by Product, 2023 - 2029, USD Million
TABLE 87 Nigeria Veterinary Pharmacovigilance Market by Animal Type, 2019 - 2022, USD Million
TABLE 88 Nigeria Veterinary Pharmacovigilance Market by Animal Type, 2023 - 2029, USD Million
TABLE 89 Nigeria Veterinary Pharmacovigilance Market by Solution, 2019 - 2022, USD Million
TABLE 90 Nigeria Veterinary Pharmacovigilance Market by Solution, 2023 - 2029, USD Million
TABLE 91 Nigeria Veterinary Pharmacovigilance Market by Type, 2019 - 2022, USD Million
TABLE 92 Nigeria Veterinary Pharmacovigilance Market by Type, 2023 - 2029, USD Million
TABLE 93 Rest of LAMEA Veterinary Pharmacovigilance Market, 2019 - 2022, USD Million
TABLE 94 Rest of LAMEA Veterinary Pharmacovigilance Market, 2023 - 2029, USD Million
TABLE 95 Rest of LAMEA Veterinary Pharmacovigilance Market by Product, 2019 - 2022, USD Million
TABLE 96 Rest of LAMEA Veterinary Pharmacovigilance Market by Product, 2023 - 2029, USD Million
TABLE 97 Rest of LAMEA Veterinary Pharmacovigilance Market by Animal Type, 2019 - 2022, USD Million
TABLE 98 Rest of LAMEA Veterinary Pharmacovigilance Market by Animal Type, 2023 - 2029, USD Million
TABLE 99 Rest of LAMEA Veterinary Pharmacovigilance Market by Solution, 2019 - 2022, USD Million
TABLE 100 Rest of LAMEA Veterinary Pharmacovigilance Market by Solution, 2023 - 2029, USD Million
TABLE 101 Rest of LAMEA Veterinary Pharmacovigilance Market by Type, 2019 - 2022, USD Million
TABLE 102 Rest of LAMEA Veterinary Pharmacovigilance Market by Type, 2023 - 2029, USD Million
TABLE 103 Key information – Accenture PLC
TABLE 104 Key Information – ArisGlobal LLC
TABLE 105 Key Information – Ennov SAS
TABLE 106 Key Information – Sarjen Systems Pvt. Ltd.
TABLE 107 Key Information – PharSafer Associates Ltd.
TABLE 108 Key Information – Knoell Germany GmbH
TABLE 109 Key Information – biologit
TABLE 110 Key Information – Indivirtus Group
TABLE 111 Key Information – Oy Medfiles Ltd.
TABLE 112 Key Information – Azierta Life Sciences & Health Consulting Firm S.L
List of Figures
FIG 1 Methodology for the research
FIG 2 Swot analysis: Accenture plC