Veterinary CRO & CDMO Market Size, Share, By Animal Type (Companion Animals and Livestock Animals), By Service (Discovery, Development, Manufacturing, Packaging and Labeling, and Market Approval and Post-Marketing), By Application (Medicines and Medical Devices) and By Region - Trends, Analysis and Forecast till 2034

By Region, the Veterinary CRO & CDMO Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. 

North America is the market leader for veterinary CROs and CDMOs thanks to its strong regulatory frameworks, sophisticated infrastructure, and well-established businesses. The U.S. leads the CRO and CDMO markets in North America because of its highly established pharmaceutical sector and significant investments in the veterinary healthcare sector.

The European veterinary market is distinguished by a growing need for novel products and a strong emphasis on animal welfare. This area boasts a sophisticated CRO and CDMO environment because of its well-established and legally binding veterinary medical regulations. More specifically, the veterinary pharmaceutical industry is strongly linked to Germany, the U.K., and France, which creates the need for CRO and CDMO.