(PharmaNewsWire.Com, August 02, 2018 ) 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.
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.
Veterinary Healthcare Market: Segmentation By Animal Type Farm Animal Companion Animals By Product Vaccines Feed Additives Pharmaceuticals
From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization.
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, Bio-Rad 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 Porters 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
We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Biotechnology & Pharmaceuticals resource center today to browse our selection of 600+ complimentary Biotechnology & Pharmaceuticals magazines, white papers, webinars, podcasts, and more. Get popular titles including:
