Europe Veterinary Healthcare Market to Grow at CAGR of 6.4% from 2021 to 2027

The Europe Veterinary Healthcare Market includes major players like Boehringer Ingelheim.International GmbH, Elanco, Zoetis Inc, Merck & Co Inc. and Bayer AG.
By: Renub Research
 
ROSWELL, Ga. - Feb. 3, 2022 - PRLog -- 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. 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. 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.

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