Press release
Europe Companion Animal Health Market Expected to Reach USD 10,262.74 Million by 2030 | Top key players - Inovet, Zoetis, Boehringer Ingelheim.
Europe Companion Animal Health Market
The Europe Companion Animal Health Market, as examined by DataM Intelligence, provides a thorough industry overview enriched with detailed insights, historical data, and essential statistics. The report extensively explores market dynamics and competitive landscapes, featuring profiles of leading companies, their product offerings, pricing strategies, financials, growth plans, and geographic footprint.
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The Europe Companion Animal Health Market refers to the industry focused on medical care, diagnostics, nutrition, and therapeutics for pets such as dogs, cats, and other companion animals. It encompasses veterinary services, pharmaceuticals, and wellness products aimed at enhancing pet health and longevity, driven by rising pet ownership, humanization of pets, and increased spending on animal healthcare across Europe.
Prominent Industry players in the Europe Companion Animal Health Market
The prominent players in Europe Companion Animal Health market research report are: Inovet, Zoetis, Boehringer Ingelheim, Elanco, Merck Animal Health, IDEXX Laboratories, VetPharma, Dechra Pharmaceuticals, Ceva Sante Animale, Neogen Corporation.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Industry News
On October 14, 2021, Verovaccines GmbH, a specialist in vaccine development, announced the successful completion of a mid-seven-figure Series B financing round. Boosted by additional support from the German Federal Government's GO-Bio program, the funding will help the company advance its innovative platform technology and accelerate the development of its next-generation portfolio of animal vaccines, aiming to improve animal health through modern biotechnology.
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Market Segments
By Product: Anti-Infectives, Vaccines, Medicinal Feed Additives, Parasiticides, Diagnostics, Others.
By Animals: Cats, Dogs, Equine, Others.
The Europe Companion Animal Health industry is undergoing swift expansion, fueled by breakthroughs in medical technology, growing demand for cutting-edge therapies, and an increasing emphasis on patient-centric care. As the sector advances, in-depth market analysis is essential to track evolving trends, regulatory developments, and new opportunities.
FAQs:
✒ What is driving the growth of the Europe Companion Animal Health Market?
✒ Who are the prominent players in the Europe Companion Animal Health Market?
✒ How is the regulatory landscape affecting the Europe Companion Animal Health Market?
✒ What regions are expected to see the highest growth?
✒ What are the key challenges faced by the Europe Companion Animal Health Market?
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