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Published

July 2017

Europe Veterinary Healthcare market Segmented by Products Animal diagnostic technologies, Animal genetics, By animal types Trends & Forecasts (2016-2021)

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Europe’s veterinary healthcare market was valued at USD 6.61 million in the year 2016 and is expected to grow at a healthy CAGR of 4.98% to USD 8.43 million by the year 2021. The European swine healthcare market is the second largest in the world, amounting to USD 428.81 million in the year 2016 and is expected to grow at a CAGR of 7.51% to reach USD 615.9 million by the year 2021. It runs just behind the US in the global fish healthcare market, which happens to be another promising segment in European veterinary healthcare market

Europe’s Veterinary Healthcare Market- Market Dynamics

The report details several driving factors and restraints for the veterinary healthcare market in Europe. Some of these are listed below.

Drivers

  • Increase in pet ownership
  • Improved nutrition
  • Intensifying consumer focus on food safety
  • Growing awareness about livestock diseases        

Restraints

Increased competition for cultivated land and cost-effective production are the hurdles faced by the European veterinary healthcare market.

The report provides an exhaustive coverage of the market with multi-level segmentation by animal species (farm animals and companion animals), type of healthcare products (vaccines, parasiticides, Anti-invectives, medicinal feed additives, and other pharmaceuticals) and geography. Regional coverage includes a study of the animal healthcare markets in France, Italy Germany, Spain, and Sweden. 

Some of the key players in the market are:

  • Bayer Healthcare
  • Boehringer Ingelheim
  • Ceva Animal Health, Inc.
  • Elanco
  • Merck
  • Merial (Animal Health Division of Sanofi)
  • Virbac

What the Report Offers

  • Market definition for Europe’s veterinary healthcare market along with identification of key drivers and restraints for the market.
  • Market analysis for Europe’s veterinary healthcare market, with region-specific assessments and competition analysis on a global and regional scale.
  • Identification of factors instrumental in changing the market scenario, rising prospective opportunities and identification of key companies that can influence the market on a global and regional scale.
  • Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market share. 
  • Identification and analysis of the macro and micro factors that affect Europe’s veterinary healthcare market on both global and regional scale.
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
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