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Companion Animal Health Market is expected to generate a revenue of USD 43.14 Billion by 2031, Globally, at 8.49% CAGR: Verified Market Research®

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Verified Market Research® a leading provider of business intelligence and market analysis is thrilled to announce the release of its comprehensive and authoritative report on the, ‘Companion Animal Health Market Size and Forecast’. This report provides an exhaustive analysis of market trends, growth drivers, challenges, and opportunities, enabling industry leaders to navigate this rapidly evolving sector with confidence.

LEWES, Del., Nov. 27, 2024 /PRNewswire/ — The Global Companion Animal Health Market Size is projected to grow at a CAGR of 8.49% from 2024 to 2031, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 22.48 Billion in 2024 and is expected to reach USD 43.14 Billion by the end of the forecast period.

The Companion Animal Health Market is experiencing unprecedented growth, fueled by increasing pet ownership, rising demand for advanced veterinary care, and breakthroughs in pet diagnostics and treatments. From cutting-edge pharmaceuticals to innovative veterinary devices, the report delves deep into the technologies and solutions shaping the future of animal health.

Key Highlights of the Report:

Emerging Trends: Innovations in telemedicine, preventive care, and personalized pet treatments.

Market Segmentation: In-depth analysis of Type, Product, Distribution Channel, End-User, and nutritional supplements.

Regional Insights: Comprehensive breakdown of key markets across North America, Europe, Asia-Pacific, and beyond.

Competitive Landscape: Profiles of major players driving innovation and shaping industry dynamics.

Why This Report Matters to Industry Leaders?

This report is an essential tool for industry leaders, investors, veterinary practitioners, and other stakeholders who aim to harness opportunities in this thriving sector. With data-backed insights, strategic recommendations, and growth forecasts, it empowers decision-makers to stay ahead in a competitive landscape.

Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample?rid=35616

Browse in-depth TOC on ‘Global Companion Animal Health Market Size‘

202 – Pages
126 – Tables
37 – Figures

Report Scope

REPORT ATTRIBUTES

DETAILS

STUDY PERIOD

2021-2031

BASE YEAR

2024

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2021-2023

UNIT

Value in USD Billion

KEY COMPANIES PROFILED

Merck & Co., Inc., Ceva, Vetoquinol S.A., Zoetis, Boehringer Ingelheim GmbH, IDEXX Laboratories, Inc., Elanco, Indian Immunologicals Ltd., Virbac, Agrolabo SpA, Norbrook.

SEGMENTS COVERED

By Type, By Product, By Distribution Channel, By End-User, And By Geography.

CUSTOMIZATION SCOPE

Free report customization (equivalent up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope

Global Companion Animal Health Market Overview

Surge in Pet Ownership Trends: The increasing number of pet owners worldwide is a crucial factor for the Companion Animal Health Market. Pets are increasingly being seen as family members, driving up demand for improved veterinarian care, wellness services, and preventive measures. This trend fuels investment in diagnostics, medicines, and pet insurance. Businesses serving this rising audience are expected to see increased profitability, making this sector ripe for innovation and expansion.

Advancements in Veterinary Technologies: Breakthroughs in veterinary technology, such as AI-powered diagnostics, telemedicine, and individualized treatment options, are transforming the companion animal health market. These advances improve care quality and convenience for pet owners while lowering costs for providers. Companies who invest in these technologies gain a competitive edge, accelerating the industry’s growth trajectory and offering new prospects for strategic collaborations and product differentiation.

Increased Awareness of Pet Wellness: Growing concern for pet health and preventive care has revolutionized the Companion Animal Health Market. Pet owners are now prioritizing regular check-ups, vaccines, and customized diets, increasing demand for veterinarian services and health products. This trend encourages businesses to broaden their services and provide comprehensive solutions, enabling sustainable growth prospects and building a customer-centric market environment.

To Purchase a Comprehensive Report Analysis: https://www.verifiedmarketresearch.com/select-licence?rid=35616

High Cost of Veterinary Care: The escalating costs of modern veterinarian treatment present a significant problem for the Companion Animal Health Market. Diagnostic equipment, specialist therapies, and surgical procedures can put a strain on pet owners’ wallets, lowering adoption rates. This cost barrier affects firms that rely on high-end solutions, encouraging them to produce cost-efficient alternatives or seek strategic pricing structures to remain competitive.

Limited Access in Rural Areas: Veterinary services remain inaccessible in many rural and underdeveloped areas, limiting the expansion of the Companion Animal Health Market. The absence of clinics, qualified professionals, and infrastructure restricts market penetration. Companies that want to tackle this difficulty can reach into unexplored territories by employing mobile veterinary units and telemedicine, promoting market expansion while resolving accessibility difficulties.

Stringent Regulatory Requirements: The Companion Animal Health Market faces regulatory challenges related to drug approvals, medical devices, and animal health standards. Compliance with various and complex rules across regions impedes the introduction of new products. Businesses must negotiate these barriers through strategic partnerships, strong compliance teams, and new product strategies to ensure continued growth in a competitive regulatory environment.

Geographical Dominance

North America dominates the Companion Animal Health Market, owing to high pet ownership rates, excellent veterinary infrastructure, and significant R&D investments in pet healthcare products. The region’s solid regulatory structure and broad use of pet insurance contribute to market growth. This dominance promotes innovation and attracts significant players looking for market expansion. Businesses working in this region profit from significant expansion opportunities, establishing benchmarks for worldwide market standards and trends.

Key Players

The ‘Global Companion Animal Health Market’ study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Merck & Co., Inc., Ceva, Vetoquinol S.A., Zoetis, Boehringer Ingelheim GmbH, IDEXX Laboratories, Inc., Elanco, Indian Immunologicals Ltd., Virbac, Agrolabo SpA, Norbrook.

Global Companion Animal Health Market Segment Analysis

Based on the research, Verified Market Research has segmented the market into Type, Product, Distribution Channel, End-User, and Geography.

Companion Animal Health Market, by TypeDogsCatsEquineCompanion Animal Health Market, by ProductTherapeuticsDiagnosticsVaccinesPharmaceuticalsOTCCompanion Animal Health Market, by Distribution ChannelRetailE-CommerceHospital PharmaciesCompanion Animal Health Market, by End-UserIn House TestingVeterinary Hospitals and ClinicsReference LaboratoriesCompanion Animal Health Market, by GeographyNorth AmericaU.S.CanadaMexicoEuropeGermanyFranceU.K.Rest of EuropeAsia PacificChinaJapanIndiaRest of Asia PacificROWMiddle East & AfricaLatin America

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Global Pet Food Market Size by Type (Dry Food, Wet Food, Treats), By Animal Type (Dogs, Cats, Birds), By Distribution Channel (Supermarkets, Pet Stores, Online), By Geography, And Forecast

Global Veterinary Software Market Size By Product (Practice Management, Imaging), Delivery Model (On Premise, Cloud), Practice Type (Small Animal, Mixed Animals), End User (Veterinary Hospitals/Clinics, Reference Laboratories), By Geography, And Forecast

Global Veterinary Diagnostics Market Size By Type (Diagnostic Imaging, Immunodiagnostic Tests, Molecular Diagnostics, Clinical Chemistry, Hematology, Urinalysis) By Application (Infectious Diseases, Cancer, Hormonal Disorders), By Animal Type (Companion Animals, Livestock Animals), By Technology (Polymerase Chain Reaction, ELISA, Diagnostic Imaging), By Geography, And Forecast

10 Best Veterinary Dermatology Drugs Manufacturers for furry little companions

Visualize Companion Animal Health Market using Verified Market Intelligence -:

Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.

About Us

Verified Market Research® stands at the forefront as a global leader in Research and Consulting, offering unparalleled analytical research solutions that empower organizations with the insights needed for critical business decisions. Celebrating 10+ years of service, VMR has been instrumental in providing founders and companies with precise, up-to-date research data.

With a team of 500+ Analysts and subject matter experts, VMR leverages internationally recognized research methodologies for data collection and analyses, covering over 15,000 high impact and niche markets. This robust team ensures data integrity and offers insights that are both informative and actionable, tailored to the strategic needs of businesses across various industries.

VMR’s domain expertise is recognized across 14 key industries, including Semiconductor & Electronics, Healthcare & Pharmaceuticals, Energy, Technology, Automobiles, Defense, Mining, Manufacturing, Retail, and Agriculture & Food. In-depth market analysis covers over 52 countries, with advanced data collection methods and sophisticated research techniques being utilized. This approach allows for actionable insights to be furnished by seasoned analysts, equipping clients with the essential knowledge necessary for critical revenue decisions across these varied and vital industries.

Verified Market Research® is also a member of ESOMAR, an organization renowned for setting the benchmark in ethical and professional standards in market research. This affiliation highlights VMR’s dedication to conducting research with integrity and reliability, ensuring that the insights offered are not only valuable but also ethically sourced and respected worldwide.

Contact Us
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Verified Market Research®
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Vertiv to Participate in Upcoming Investor Conference

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COLUMBUS, Ohio, Oct. 23, 2026 /PRNewswire/ — Vertiv Holdings Co (NYSE: VRT), a global leader in critical digital infrastructure, today announced its participation in an upcoming investor conference in November.

Giordano Albertazzi, Chief Executive Officer, and Craig Chamberlin, Chief Financial Officer will participate in a fireside chat at the Baird 2026 Global Industrial Conference in Chicago, Illinois on Tuesday, November 10, 2026 at 7:55 a.m. Central time (8:55 a.m. Eastern time).

A live webcast of the event and any related presentation materials will be available in the Investor Relations section of Vertiv’s website at investors.vertiv.com. A recording of the event will also be available for 30 days following the webcast at investors.vertiv.com

About Vertiv Holdings Co
Vertiv (NYSE: VRT) brings together hardware, software, analytics and ongoing services to enable its customers’ vital applications to run continuously, perform optimally and grow with their business needs. Vertiv solves the most important challenges facing today’s data centers, communication networks and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Headquartered in Westerville, Ohio, USA, Vertiv does business in more than 130 countries. For more information, and for the latest news and content from Vertiv, visit vertiv.com.

Category: Financial News

For investor inquiries, please contact:
Lynne Maxeiner
Vice President, Global Treasury & Investor Relations
Vertiv
E: lynne.maxeiner@vertiv.com 

For media inquiries, please contact:
Tom Laughran
FleishmanHillard
E: tom.laughran@omc.com

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SOURCE Vertiv Holdings Co

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Clear Channel Outdoor and OUTFRONT Team Up with Million Mammograms Challenge to Encourage Early Breast Cancer Screening

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National digital billboard campaign promotes early detection during Breast Cancer Awareness Month

NEW YORK, Oct. 23, 2026 /PRNewswire/ — In honor of Breast Cancer Awareness Month, Clear Channel Outdoor and OUTFRONT Media (NYSE: OUT), one of the largest and most-trusted IRL media companies in the U.S., have partnered with the Million Mammograms initiative, benefiting the Cancer Research & Treatment Fund (CR&T). Million Mammograms advocates for women to schedule and share their mammogram dates throughout October. The campaign’s creative is running across digital out-of-home networks with a clear, urgent call to action: encouraging women everywhere to schedule their screenings and take the important next step for their health.

Now in its second year, The Million Mammograms Challenge was created by advertising tech executive Mindie Kaplan with the goal of changing narratives for women around shame, celebrating their femininity and early detection. The campaign shines a light on one of the most common cancers affecting women in the United States, where one in eight will receive a breast cancer diagnosis in their lifetime, featuring the slogan “Cancer Isn’t the Star of My Story.” The campaign stems from the response to Kaplan’s image in the creative, taken by photographer Tom Kubik, which shows her six months after her double mastectomy to commemorate the halfway point of her surgeries. She was emboldened to launch the nationwide Million Mammogram Challenge after receiving an overwhelming number of responses to the photo on her personal Instagram, challenging her followers to post their mammogram dates and seeing how many were encouraged to schedule long-overdue exams.

“Since the launch of the Million Mammograms Challenge, we have worked to reach millions of young women and advocate for them to take the next step in their health journeys by scheduling their mammogram dates,” said Kaplan. “The support of Clear Channel Outdoor and OUTFRONT helps us reach them through billboards they come across in their daily lives and reduce the stigma around breast cancer and early screenings.”

Through the partnership, Clear Channel Outdoor and OUTFRONT are helping to highlight the critical role of early detection through regular mammograms as one of the most powerful tools to save lives, putting their digital networks to work in support of the campaign’s mission.   

“Our joint partnership with the Million Mammograms Challenge reflects the industry’s commitment to leveraging the reach and scale of our networks for good by helping to drive one million mammograms by 2028,” said Dan Levi, EVP & CMO, Clear Channel Outdoor. “The campaign is a reminder of what out-of-home can do when combined with a meaningful cause that inspires real, measurable impact across the communities we serve.”

The campaign’s creative can be seen across thousands of digital billboards nationwide throughout October.

“Mindie started with an idea. Today, it’s a movement with the power to change lives. We’re proud to partner with Million Mammograms and Clear Channel Outdoor to help bring this important message to communities across the country,” said Stacy Minero, Chief Marketing Officer, OUTFRONT. “Together, we’re using the scale of our networks to raise awareness, encourage early detection, and inspire people to take action.”

About Clear Channel Outdoor Holdings, Inc. 
Clear Channel Outdoor is at the forefront of driving innovation in the out-of-home advertising industry. Our dynamic advertising platform is broadening the pool of advertisers using the medium through the expansion of digital billboards and displays and the integration of data analytics and programmatic capabilities that deliver measurable campaigns that are simpler to buy. By leveraging the scale, reach and flexibility of our diverse portfolio of assets, we connect advertisers with millions of consumers every month.

About OUTFRONT 

OUTFRONT is one of the largest and most trusted out-of-home media companies in the U.S., helping brands connect with audiences in the moments and environments that matter most. As OUTFRONT evolves, it’s defining a new era of in-real-life (IRL) marketing, turning public spaces into platforms for creativity, connection, and cultural relevance. With a nationwide footprint across billboards, digital displays, transit systems, and other out-of-home formats, OUTFRONT turns creative into powerful real-world experiences. Its in-house agency, IRL STUDIOS, delivers standout storytelling, supported by advanced technology and data tools that can drive measurable impact.

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SOURCE Clear Channel Outdoor

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Oracle Announces $1 Billion Investment to Accelerate Partner Growth and AI-Driven Modernization for Customers

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Expanded benefits and incentives provide resources to build offerings, pursue new business, and deliver customer success

LAS VEGAS, Oct. 23, 2026 /PRNewswire/ — Oracle AI World — Oracle today announced a $1 billion commitment to its partner ecosystem to help partners capitalize on customer demand for AI-powered solutions and services.

Spanning the next four years, the investment is intended to expand opportunities for partners to develop innovative solutions, build specialized expertise, and deliver the technology and services customers need to support business transformation and pursue improved outcomes.

It encompasses new and expanded Oracle PartnerNetwork (OPN) benefits and incentives, including planned investments in training and certification, technical enablement, development, testing and demonstration environments, cloud migration funding, go-to-market collaboration, and commercialization through Oracle Marketplace. See related Marketplace announcement.

Oracle’s diverse partner ecosystem includes systems integrators, independent software vendors (ISVs), cloud and managed service providers, value-added distributors, resellers, advisory firms, and other partners. Across Oracle Fusion Applications, Oracle Database, Oracle Cloud Infrastructure (OCI), and related AI services, partners contribute in different ways, from developing complementary solutions to providing advisory, implementation, and managed services.

“Our partners extend our sales reach, expand our delivery capacity, and bring their own innovation and investment to help customers address evolving business needs,” said Mark Hura, president of Oracle Global Field Operations. “Through the Oracle PartnerNetwork, we’re strengthening our ability to reach more customers, deliver solutions at scale, and accelerate innovation and business outcomes.”

Investing in partner growth and customer success
The Oracle PartnerNetwork gives partners the flexibility to select benefits, incentives, and resources that best support their business strategies and growth priorities. Oracle is expanding its OPN investments across four areas:

Build differentiated offerings. Oracle provides dev/test environments, technical guidance, and integration validation to help partners create innovative solutions. Partners can combine their industry expertise and intellectual property with Oracle technology to develop specialized applications, integrations, accelerators, and AI agents that address customer needs.
  Sell and grow with Oracle. Sales and marketing collaboration, demonstration environments, and eligible funding and incentives for eligible opportunities help partners showcase their solutions and pursue new business opportunities. Trainings, certifications, expertise recognition, and Oracle Marketplace help partners differentiate and commercialize their offerings.
  Deliver with confidence. Training and enablement, migration resources, and advisory services help partners plan and execute customer engagements. Tools and methodologies support application implementations, database modernization, integration, and cloud services.
  Drive ongoing customer success. Oracle provides tools and resources, including Oracle AI Success Navigator, for partners to support customers beyond initial deployment. Partners can help drive adoption of new capabilities, optimize existing investments, and deliver ongoing innovation and business value.

“Our partners have different business models, capabilities, and growth ambitions, and our investment is designed to support that diversity,” said Leah Yomtovian, senior vice president, Partner, Sales, and Operations Strategy, Oracle. “By giving partners greater choice and flexibility in how they build, sell, and deliver with Oracle, we’re helping them grow their businesses while bringing more innovation, specialized expertise, and value to our customers.”

Connecting partner innovation with customer opportunity
The impact of partner innovation is evident in solutions that combine specialized industry and business process expertise with Oracle’s applications and AI capabilities. The following examples show how that combination comes to life:

Oracle Extends Fusion Agentic Applications with Introduction of Fusion Claw
  Accenture Edge Helps Combe Unify its Global Operations, Setting the Stage for AI-Powered Growth with Oracle Fusion Applications
  The Centre for Addiction and Mental Health Optimizes Operations and Patient Care with Oracle Fusion Cloud Applications
  Beca Transforms Finance Operations with Oracle Fusion Applications
  Leah Partners with Oracle and PwC to Take Its Agentic Operating System Global

To learn more about benefits, incentives, and resources available to Oracle partners, visit oracle.com/partner. All benefits and incentives are subject to applicable program terms and eligibility requirements.

About Oracle PartnerNetwork
Oracle PartnerNetwork helps Oracle and its partners drive joint customer success and business momentum. The program provides choice and flexibility across training and enablement, go-to-market collaboration, technical accelerators, and success support. To learn more, visit oracle.com/partner.

About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit oracle.com.

About Oracle AI World
Oracle AI World is where customers and partners discover the latest product and technology innovations, see how AI is being applied across industries, and connect with experts and peers. Attendees will gain practical tips and insights to drive immediate impact within their organizations and explore how Oracle is helping unlock the full potential of AI. Join the event to see new capabilities in action and hear from thought leaders and industry movers. Register now at oracle.com/ai-world or follow the news and conversation at oracle.com/news and linkedin.com/company/oracle. 

Trademarks
Oracle, Java, MySQL, and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing.

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SOURCE Oracle

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