KEY FINDINGS The European veterinary diagnostic market has been predicted to rise its CAGR by 7.65% during the tenure of 2019-2027. With the rise in the animal-derived food products, animal agriculture will be boosting its growth which in turn will increase the demand of the veterinary diagnostics over the forecast period. This can be reasoned to the requirement of maintaining animal health and safety for a longer period.
MARKET INSIGHTS The United Kingdom, France, Germany, Spain, Italy and the countries constituting the Rest of Europe are considered for the market study.Growing livestock population across the globe is one of the key factors that increase the need for advanced veterinary diagnostic techniques for proactive diagnosis of the diseases prevalent among the livestock and thereby, contributes towards the growth of the global veterinary diagnostic market during the forecast period.
Although the lack in the numbers of veterinaries in emerging countries is one of the challenges for the growth of veterinaries diagnostics market in the region.
COMPETITIVE INSIGHTS The eminent market players involved in the European market are Idexx Laboratories, Inc., Neogen Corporation, Heska Corporation, Biomedica, Zoetis Inc., Alvedia, Bio-Rad Laboratories, Inc., Fujifilm Europe GmbH, Acon Laboratories, Inc., ID Vet, Horiba, Ltd., Henry Schein, Inc. (U.S.), Sysmex Corporation, Qiagen N.V. and Thermo Fisher Scientific Inc.
Companies mentioned 1. ACON LABORATORIES, INC. 2. ALVEDIA 3. BIOMEDICA 4. BIO-RAD LABORATORIES, INC. 5. FUJIFILM EUROPE GMBH 6. HESKA CORPORATION 7. HENRY SCHEIN, INC. (U.S.) 8. HORIBA, LTD. 9. ID VET 10. IDEXX LABORATORIES, INC. 11. NEOGEN CORPORATION 12. QIAGEN N.V. 13. SYSMEX CORPORATION 14. THERMO FISHER SCIENTIFIC INC. 15. ZOETIS INC.
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