Europe Veterinary Healthcare market

Europe Veterinary Healthcare Market to hold a value over USD 11
billion by 2023
According to the report European Veterinary Healthcare Market was worth $9.75 billion in 2018
and estimated to be growing at a CAGR of 6.4%, to reach $13.3 billion by 2023
The Europe Veterinary Healthcare Market has seen an exemplar shift in the previous couple of
years with the rise of new and technologically advanced products, which optimistically affected
the general development of the market. Healthcare products play important role in growth and
health of the animal.
Veterinary healthcare market covers both wild and pet animals and the market associated with
diagnosis, treatment and prevention of their ailments. Increasing awareness of livestock health
and pet animals’ numbers are the key factors influencing this market.
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overview
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Veterinary
Healthcare
Market:
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Veterinary Healthcare Market: Drivers & Restraints
Not very many prerequisites for animal health drugs approval joined with the development in
companion animal numbers are the main considerations driving the market for Veterinary
healthcare. Likewise awareness in rising rates of zoonotic diseases is additionally a driving force
for the market. In any case, increasing regulation on antibiotics is expected to remain a
noteworthy restraint for the market. Aside from that increasing costs regulations related to
animal testing is additionally a major hurdle for the development of animal healthcare market.
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Veterinary Healthcare Market: Segmentation
By Animal Type
•
Farm Animal
•
Companion Animals
By Product
•
Vaccines
•
Feed Additives
•
Pharmaceuticals
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Veterinary Healthcare Market: Overview
The European Parliament and the Council embraced the Regulation on transmissible creature
diseases ("Animal Health Law") in March 2016. The Regulation will be appropriate in the
following 5 years and it'll bolster the EU livestock sector in its mission towards aggressiveness
and sheltered and smooth EU market of animals and of their products, making development for
the veterinary Healthcare market. Product wise Feed additives are leading the market due to
easy administration and increased necessity.
Veterinary Healthcare Market: Region-wise Outlook
Geographically, market is segmented into various regions namely, UK, Spain, Italy, Germany and
France. Europe is expected to increase at highest CAGR during the forecast period because of
the growing healthcare facilities, technological advancements in developing countries, rapid
adoption rate and increasing consumer awareness.
Key Questions Answered
•
What is the current and future Veterinary Healthcare Market outlook in Europe? What
trends are affecting the market?
•
What is the competitive landscape and market share of major players in the Veterinary
Healthcare Market space in Europe?
•
What are the key, high growth markets that Veterinary Healthcare Market
manufacturers should expand into? Which market segments are growing the fastest?
•
What are the unmet needs with the Veterinary Healthcare currently on the market?
How will emerging technologies fulfil these unmet needs?
•
What is consumer perception and market outlook of Veterinary Healthcare?
•
What are the challenges and barriers that have hindered widespread adoption of
Veterinary Healthcare?
Veterinary Healthcare Market: Key Players
Some of the major companies dominating the market, by their products include VCA Inc., Heska
Corporation, Abaxis, Inc., VIRBAC, IDEXX Laboratories, Inc., Life Technologies Corporation, BioRad Laboratories Inc., Prionics AG, and Pfizer, Inc.
Reasons to buy Veterinary Healthcare Market Report:
•
Global, regional and country-level analysis and forecasts of the study market; providing
Insights on the geographical areas in which this industry is prospering
•
Segment-level analysis on basis of product type, application, colour along with market
size forecasts and y-o-y estimations to detect key areas of industry growth in detail
•
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the
market and their impact on shifting market dynamics
•
Study of macro and micro environmental factors that affect the market presented in an
extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
•
A comprehensive listing of key market players along with company overview, product
portfolios, key financial information (subjected to availability), SWOT analysis and Analyst
overview to study and sustain the market environment
•
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in
the field along with new product launches, comparative financial studies and recent
developments in the market by the major companies
•
Expertly devised Market Outlook along with Investment opportunities to provide both
individuals and organizations a strong financial foothold in the market
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Europe Veterinary Healthcare Market By Animal Type (Livestock And Companion Animals) By Product (Pharmaceuticals And Feed Additives)

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