SEOUL- Tech giant Samsung Electronics Co Ltd plans to launch a phone upgrade programme similar to one launched by rival Apple Inc (AAPL.O) last year Maxx Williams Shirt , South Korea's Electronic Times reported on Wednesday citing unnamed sources.
Samsung could start the programme once its next flagship Galaxy S7 smartphone goes on sale in South Korea, which is expected to be around March, the paper said.
The programme will allow customers to upgrade their device every year and may later expand to other countries, according to the report.
A Samsung spokeswoman declined to comment.
Animal Healthcare Market 聳 Global Industry Insights, Trends, Outlook Ronnie Stanley Shirt , and Opport
Posted by phulkarpareesh on October 30th, 2017
Animal healthc ading position in pet ownership. According to the Australian Veterinary Association, there were around 4.2 million dogs and 3.3 million cats accounting for 39% and 29% market share respectively.
Get a trending sample of this report : align="justify">Animal healthcare market taxonomy
By Animal Type
Livestock Animal
Companion Animal
By Product Type
Vaccination
Pharmaceuticals
Feed Additives
By Disease Type
Bacterial Disease
Fungal Disease
Genetic Disease
Viral Disease
Pet adoption and increase in livestock fuels the growth of animal healthcare market
According to the Animal Health Institute, in the U.S., on an average, the world spends around one fortieth amount to human medicine as compared with animal medicines every year. That investment covers animal health innovations for 24 billion chickens, 750 million swine Mark Andrews Shirt , 500 million dogs, 400 million cats and 1 billion cattle and sheep. According to Animal Health Institute, companies yearly invest around 10-12% of their sales in innovations for animal health. Scientists have developed various medicines which result in improvement, prevention, and treatment of animal diseases such as flea and tick infestation, rabies Hayden Hurst Shirt , Lyme disease, leukemia. Animal medicines are important in food safety as it accounts for production animal as well. According to the American Society for the Prevention of Cruelty to Animals, in U.S., approximately 3.2 million shelter animals adopted each year, which includes 1.6 million dogs and 1.6 million cats. According to American Pet Product Association, in U.S. from 2015 to 2016 Justin Tucker Shirt , 34% dogs are purchased from breeders at the same time 23% of dogs and 31% of cats are obtained from the animal shelter. Globally the adoption of pets has increased over a period of time and demand for meat and milk also has increased to support the growing population which is expected to fuel the animal healthcare market in the near future.
Developed regions are major growth engines of animal healthcare market
Globally the market is segmented into North America, Europe, Latin America, Asia Pacific, Middle East, and Africa. According to American Pet Product Association Terrell Suggs Shirt , during 2013-2014 North America is the leading market and it contributes around 68% owning the pet population has triple in from 2009 to 2014 in North America followed by Europe with a population of pets around 62 million and Asia Pacific due to the adoption of western lifestyle and increase in animal adoption. North America and Europe will be the largest market of vaccine and pharmaceuticals. Asia-Pacific will be the largest market for feed additives. In Asia Pacific, It is expected that pharmaceutical and vaccine segment will grow at a faster rate due to increased animal adoption and increased demand of meat and milk. According to IIPTF, in India 600,000 pets are adopted every year.
Key players of animal healthcare market
There are various animal healthcare market players are present all over the world. Animal healthcare industry has seen some major merger and acquisitions to develop new drugs. In 2016, Sanofi and Boehringer Ingelheim merger have taken place to develop new and improved drugs for animal healthcare. Some of the key market players of animal healthcare market includes Zoetis, Eli Lilly & Co. Marshal Yanda Shirt , Novartis, Bayer Healthcare, Ceva Sante Animale, Evonik Industries AG, and ADM Alliance Nutrition.
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