Global vet medicine market seen growing to $85 billion by 2031

The global veterinary medicine market, valued at $46.51 billion in 2023, or about Rs3.92 lakh crore at the current exchange rate, is expected to grow at a compounded annual growth rate of 7.77% to reach $85.05 billion, or about Rs7.18 lakh crore, by 2031, according to a new marketing research report. This growth in the vet medicine market is attributed to the rising awareness of animal health and welfare, coupled with increased adoption of companion...

US firm testing drug to increase lifespan of dogs

Humans and dogs have shared a special bond since time immemorial. Often called man’s best friend, the four-legged furry companion has just one shortcoming: its shorter lifespan (10-13 years on average) as compared to a human. Many have endured the agony of dealing with the loss of a beloved pet. But fret not! According to a report on weather.com, a pioneering anti-ageing drug just might help to extend the life of your favourite pooch. The...