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The report provides rational insights along with historical and forecast data to aid in better understanding of the Global Atipamezole Market. The report provides a comprehensive analysis of key factors that are expected to drive the growth of the Atipamezole market. This study also provides a detailed overview of the opportunities along with the current trends observed in the target market.
According to the report, the global atipamezole market was valued at US$ 60 Mn in 2019. It is projected to expand at a CAGR of ~1% from 2020 to 2030. Atipamezole is a specific ?2-antagonist that was developed to reverse the actions of medetomidine and has marketing authorization for dogs and cats. Medetomidine and antagonism with atipamezole is, presently widely utilized in small animal practice. The reduction in sedative time of animals shortens the in-clinic stay and saves the time of staff, leading to an increase in adoption of atipamezole, which is boosting the atipamezole market. Moreover, atipamezole is utilized off-label as an antidote for various toxicities in dogs. Thus, a surge in number of toxicity cases due to overuse of medications or drugs leads to an increase in the demand for atipamezole. This, in turn, is estimated to propel the atipamezole market. North America dominated the global atipamezole market in 2019. The trend is anticipated to continue during the forecast period. Strategies adopted by key players such as product approval & launch and mergers & acquisitions, well-established health care infrastructure, and early adoption of advanced therapeutics boost the atipamezole market in the region.
Asia Pacific is likely to be a highly lucrative market for atipamezole. The market in the region is expected to expand at a high CAGR during the forecast period. Government initiatives in developing countries toward modernization of animal healthcare infrastructure and rise in awareness about advanced therapeutics are key factors that are anticipated to fuel the atipamezole market in Asia Pacific.
The report covers major players operating in the market along with the key strategies implemented to achieve a competitive edge against a majority of the vendors which provides a competitive outlook of the industry. The competitive landscape further includes details about different players and their position on a global and a local level is also explained in detail in this compiled study. These insights were prepared through mapping business strategies and products that offer high revenue generation capacities. Key players of the global Atipamezole market are included as given below:
Zoetis Services LLC
Merck & Co., Inc. (Merck Sharp & Dohme Corp)
Modern Veterinary Therapeutics
Orion Corporation
Jurox Pty Limited
Vetoquinol UK Limited
Chanelle Pharma Group
Forte Healthcare Ltd
Troy Laboratories Pty Ltd
The global Atipamezole market has been segmented as below:
Atipamezole Market, by Application
o Anti-sedative
o Antitoxic (Off-label Use)
Atipamezole Market, by Route of Administration
o Intramuscular
o Intravenous
o Others
Atipamezole Market, by Animal Type
o Dogs
o Cats
o Others
Atipamezole Market, by Distribution Channel
o Veterinary Hospitals
o Retail Pharmacies
o Online Pharmacies
Atipamezole Market, by Region
o North America
? U.S.
? Canada
o Europe
? Germany
? U.K.
? France
? Italy
? Spain
? Rest of Europe
o Asia Pacific
? China
? India
? Japan
? Australia & New Zealand
? Rest of Asia Pacific
o Latin America
? Brazil
? Mexico
? Rest of Latin America
o Middle East & Africa
? GCC Countries
? South Africa
? Rest of Middle East & Africa
Reasons to Purchase this Report:
Estimates Atipamezole development trends with SWOT analysis
Detailed business profiles including product offerings, recent developments, key financial information, and strategies employed by main market players
Analysis of various regions and countries that includes the demand and supply based actions, which consequently have a major influence on the market's expansion
Market dynamics scenario, along with growth opportunities for players in the years to come
Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the mentioned forecast period
Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects