Animal Health Industry Overview
Disease outbreaks, the rise of companion care and technological advancements present significant opportunities for animal health companies and investors. Navigate this fast-expanding sector with confidence with our market-leading coverage.
Key facts about the global animal health market
- The combined annual revenue of the animal health industry’s top 20 companies is around $30 billion.
- The top 20 animal health companies account for around 80% of the industry’s total sales.
- Animal health is still a burgeoning industry – only eight businesses have annual sales of over $1 billion.
- The largest acquisition in animal health is Elanco’s $7.6 billion purchase of Bayer Animal Health – due to close in 2020.
- Animal health is becoming more independent. In the early 2000s, nearly the whole of the animal health industry’s top 20 companies were subsidiaries of larger human pharma businesses. Now, only three companies retain this link.
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