Veterinary Oncology Market In Search of New and Advanced Techniques to Improve Level of Service and Quality Control Offered In Veterinary Oncology

 

The veterinary oncology market is expected to witness strong growth in the next few years. The market serves an increasing demand of treating cancerous diseases among animals. Veterinary oncology is one branch where there is a promising forecast due to various factors such as rising incidence and prevalence of several viruses that tend to affect animals. There is also a shortage of skilled physicians in this field and many potential patients are looking towards alternative treatments for their ill health. To analyze the veterinary oncology market dynamics, several factors need to be taken into consideration for a proper market analysis. Some of these factors are discussed below.

Increasing number of households with pets is expected to aid in growth of the veterinary oncology market.  According to 2017-2018 U.S. Pet Ownership & Demographics Sourcebook of American Veterinary Medical Foundation (AVMF), 38.4% of household in the U.S. owned dogs compared to 36.5% in 2012.

Majority of the world's veterinarians are practicing conventional treatments. These conventional treatments include conventional radiotherapy, chemotherapy and radiation therapy. It is believed that the number of animals affected by cancer has increased exponentially during the past few decades. In veterinary oncology, several technologies are used for the successful management of the disease process. One of the methods is the use of GPS technology that aids in monitoring tumor progress. This helps in providing regular updates to the clinical team. This in turn helps in providing effective treatment for the animals suffering from cancer. As on date, the veterinary oncology market has continued to grow due to several reasons including improved availability of funds and better availability of quality equipment and resources. In short, people opt for an alternative therapy like chemotherapy or radiation therapy, which is not very effective and they opt for an alternative therapy like herbal and nutritional supplements, etc., to treat their pets.

Increasing veterinary expenditure is also expected to aid in growth of the veterinary oncology market. There are several other advantages as well as the quality of life of the pet. Many pets get cured for their cancer and the quality of life increases significantly due to timely therapy and effective management of the cancer. The cancers diagnosed in animals are treated with chemotherapy or radiotherapy. The main aim of cancer in animals is to weaken and obstruct the lymphatic system thereby causing difficulty in performing normal daily functions.

There are many factors like age, diet, gender, location and genetic makeup that affect the odds of survival of an animal patient. This makes the management of such problems difficult. The challenge lies in developing a technique to make the treatment of the cancer in the animals as easy as possible. Veterinary oncology market is in search of new and advanced techniques to improve the level of service and quality control of the services offered in the field of veterinary oncology.