Europe Veterinary Healthcare Market

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Europe Veterinary Healthcare Market
Europe Veterinary Healthcare Market
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Europe Veterinary Healthcare Market
The latest report by Renub Research,
titled Europe Veterinary Healthcare Market
Forecast 2021-2027, Industry Trends, Share,
Insight, Growth, Impact of COVID-19, Opportunity
Company Analysis finds that the Europe
Veterinary Healthcare Market will be US 8.89
Billion by 2027. Veterinary healthcare is
essential in the same way as human healthcare
services in Europe. With the rising awareness of
veterinary healthcare, Europe is becoming much
more knowledgeable and well-encouraged to
regularly take pets to a veterinary doctor at a
veterinary health centre. Veterinary doctors are
educated to protect the health of animals they
run hard to address the health and welfare
requirements of every species of animal. They
also plays a critical role in environmental
protection, food safety, research, and public
health. Further, the increasing number of
households with pets and growing awareness
regarding animal health has been the leading
causes for the growth of the veterinary
healthcare market in Europe, coupled with rising
initiatives by several governments and improved
animal healthcare.
Europe Veterinary Healthcare Market
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Europe Veterinary Healthcare Market
In addition, technological advancements in animal
diagnostic technologies for accurate diagnostics
and the increasing penetration of some of the key
and leading players in the market are propelling
the European veterinary healthcare industry
growth. Vaccine Segment hold the Biggest Market
Share Based on product, European veterinary
healthcare is segmented into vaccines,
Parasiticides, Antimicrobials and others.
Vaccines are the treatment regimen used for the
prevention and treatment of infections in
animals. In Europe, a wide range of Vaccines is
being approved and commercialized by different
animal healthcare companies. In addition,
increased usage of vaccines among livestock and
pets animals boosts the demand for the
product. Moreover, European veterinary hospitals
and clinics are providing a wide range of certain
vaccines Parasiticides and Antimicrobials
treatment, diagnostic options and focus on the
care of livestock, horses, Poultry, Aquatics and
others.
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Europe Veterinary Healthcare Market
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Europe Veterinary Healthcare Market
They're trained especially to meet the
requirements of these types of farm animals. Some
large animal veterinarians work at a large animal
veterinary hospital while most others travel
around in a specially-equipped vehicle to see
their patients wherever they live. Germany
United Kingdom has Highest Second Highest Dog
Population in European Union Europe, new Animal
Health Law on transmissible animal diseases
(Regulation (EU) 2016/429) has applied from 21st
April 2021. Other areas such as EU veterinary
expenditure, authorization and use of veterinary
medicines or medicated feed, veterinary
education, official controls are dealt with in
other pieces of legislation. Germany shows the
most significant number of pet humanizations in
Europe. The strict government regulations related
to veterinary health and the high disposable
income of the German people caused increased
interest in farm animals and companion animals.
Europe Veterinary Healthcare Market
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Europe Veterinary Healthcare Market
Increasing awareness among the German population
about the significance of companion and farm
animals' health is responsible for the demand for
veterinary healthcare. As per Renub Research
findings, Germany had the highest pet dog
population in the European Union, with more than
10 Million dogs. The United Kingdom ranked second
with a dog population of 8.5 Million in
2020. Furthermore, the risk from zoonotic
diseases and the rising adoption of pet animals
are the significant factors servicing the market
for veterinary healthcare in the UK. As per the
Zoonosis Report UK 2019, Bovine tuberculosis
(bTB), produced by Mycobacterium Bovis, is one of
the various serious health difficulties for the
cattle industry in the United Kingdom, with the
British government alone contributing GBP 70
Million a year on disease control, with the cost
to an industry considered to be a further GBP 50
Million.
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Europe Veterinary Healthcare Market
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Europe Veterinary Healthcare Market
Impact of COVID-19 on Europe Veterinary Industry
Growth Trends The outbreak of COVID-19 has
impacted the European veterinary healthcare
industry. The drop is mainly due to the COVID-19
attack and the lockdown measures to contain it.
Several veterinary care facilities is affected in
European countries have been completely closed or
only provided minimum treatment for emergencies.
There is also worldwide demand and supply issue
due to inadequate production of veterinary care
devices because of the limitations imposed by
governments of various European countries to shut
down factories or function with minimal staffing
to contain the range of the virus and keep the
staff safe. Major players such as Boehringer
Ingelheim, International GmbH, Elanco, Zoetis
Inc, Merck Co Inc. and Bayer AG in the European
veterinary healthcare industry implement various
strategic initiatives to achieve their growth
objectives and increase market share. New product
launches, expansion of local and regional
footprint, partnerships collaborations, and
mergers acquisitions are some of the
initiatives deployed by major companies.
Europe Veterinary Healthcare Market
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Europe Veterinary Healthcare Market
Market Summary Products - We have covered by
product in the Europe Veterinary Healthcare
Market breakup by 4 viewpoints (vaccines,
Parasiticides, Antimicrobials and others) Animals
Renub Research Report covers by animals the
Europe Veterinary Healthcare Market breakup by 7
viewpoints (Pets, Livestock, Poultry, Horses,
Aquatics, Rabbits and Others) Countries Our
Report coveres by Countries in the Europe
Veterinary Healthcare Market breakup by 7
viewpoints (Germany, France, United Kingdom,
Italy, Russia, Spain, Rest of Europe) Distribution
This report coveres by Distribution the Europe
Veterinary Healthcare Market breakup by 3
viewpoints (Retail Pharmacies and Drug Stores,
E-commerce, Veterinary Hospitals
Clinics) End-Users As per Report covered by End
User the Europe Veterinary Healthcare Market
breakup by 3 viewpoints (Veterinary Hospitals,
Veterinary Clinics, Others) All the key players
have been covered from 3 Viewpoints (Overview,
Recent Development, and Revenue Analysis)
(Elanco, Zoetis Inc., Boehringer Ingelheim
International GmbH, Merck Co., Inc. and Bayer
AG)
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Europe Veterinary Healthcare Market
Europe Veterinary Healthcare Market
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Europe Veterinary Healthcare Market