The global veterinary therapeutics market was valued at US$ 25,974.2 Mn in 2016 and is projected to increase significantly at a CAGR of 6.0% from 2017 to 2026. The first five-year cumulative revenue (2017-2021) is projected to be US$ 154,050.2 Mn, which is expected to increase rather significantly over the latter part of the five-year forecast period.
Global Veterinary Therapeutics Market: Segmental Snapshot
By type: Therapeutic drugs segment is estimated to register a CAGR of over 6.2%, thereby accounting for highest revenue share in the application segment.
By end-user: Hospitals segment is estimated to account for highest revenue share among the product type segments, registering a CAGR of over 6.3% over the forecast period.
By region: The market in North America accounted for highest revenue share in the global veterinary therapeutics market in 2016, and is expected to record highest CAGR of over 5.9% between 2017 and 2026.
Score from the experts at Killer Infographics
Visual Communication - 55%
Design - 60%
Content/Script - 60%
Usability - 60%
This infographic shows the market for veterinary vaccines, drugs, and feed additives, as well as who uses them. The animal imagery coupled with icons for each type of therapeutic helps visually establish the topic. The choice of a donut chart to share amount of millions of dollars in spending isn't quite right; if the intention is to compare spend by end user, this should be shown either on a single donut or pie chart that communicates total spend first, or on a comparative bar chart. Same with the spend by region. In all we'd give this a D-.