1. Market Research
  2. > Healthcare
  3. > Diagnostics Market Trends
Europe Companion Animal Diagnostics Market to 2027 - Technology ; Application ; Animal Type ; End User, and Country

Europe Companion Animal Diagnostics Market to 2027 - Technology ; Application ; Animal Type ; End User, and Country

  • August 2020
  • 114 pages
  • ID: 5953766
  • Format: PDF
  • The Insight Partners
Up to $1000 off Until Oct 31st 2020

Summary

Table of Contents

Search Inside

The Europe companion animal diagnostics market is expected to reach US$ 792.8 million by 2027 from US$ 613.6 million in 2019. The market is estimated to grow at a CAGR of 3.8% during 2020–2027. The companion animal diagnostics market is growing primarily due to growing prevalence of chronic diseases in pet animals and increasing adoption of pet animals in the Europe region. Factors such as rising pet care costs damage the growth of the market. Additionally, demand for advanced technologies to improve disease diagnosis and escalating number of product launches are likely to fuel the growth of the companion animal diagnostics market during the forecast period.
The companion animal diagnostics product takes care of the diagnosis of different of diseases in the pet animals.These product deals with the epidemiology and pathogenesis of the domestic animal and prevents further complications with health of the pet as well as the owner.

These products are normally used for the animals like cats, dogs, horses.
Pets have become an important part of humans’ lives as they have been observed to have positive effect on their owner’s life.They promote active lifestyle with companionship and have also been able to detect oncoming epileptic seizures or the presence of certain types of cancers.

They also help bring social, emotional, and cognitive development in children, and relieve stress and anxiety in adults.Research studies have shown that dog owners have a 36% lower risk of dying from cardiovascular disease and an 11% lower risk of getting a heart attack.

As per a four-legged census, SPAIN’S 46 million inhabitants own 20 million pets, and one in four households has at least one furry friend. The Madrid Association of Small Animal Vets (AMVAC) says dogs are the number one pet, with just under 5.2 million living in Spanish homes – although they are the costliest pets to keep, vets say, at an average of €814 a year per head. Dogs make up 22% of the total number of pets in Spain, and just under two-thirds – 63% - registered are pedigrees. Cat-lovers are fairly prolific in Spain, although only about half as many pets are feline – nearly 2.3 million – but concentrated into fewer homes, with 8.2% of Spanish households ruled by cats. Smaller, cheaper and easier to maintain, cats are more likely to live in multi-feline homes, with an average of 1.54 cats per household. Hence, the growing adoption of pets for companionship is fuelling the companion animal diagnostics market growth.
The countries in Europe are highly affected due to the Covid-19 pandemic.However, COVID-19 has not affected animal health.

The animal health industry in European countries is minimally affected.Pharmaceutical and biotechnology companies operating in the veterinary sectors are not affected; their operations are carried out normally.

However, the companies may face challenges for supplying the products in different countries due to lockdown. Thus, the companion animal diagnostics market is least affected by the COVID-19 in the European region.
In 2019, the immunodiagnostics segment accounted for the largest market share of the companion animal diagnostics market.The growth of the market for this segment is attributed to the growing number of applications of immunoassay in veterinary science, including the detection of a wide range of diseases.

Also, the adoption of generic products by veterinarians for companion animals is adding to the specificity and sensitivity of the tests such as ELISA tests, allergen-specific immunodiagnostic tests, and immunoassays, further propelling the growth of the market for immunodiagnostics during the forecast period.
A few of the significant secondary sources associated with the Europe Companion Animal Diagnostics market report the World Health Organization (WHO), People’s Dispensary for Sick Animals (PDSA), Animal Health Institute (AHI), Pet Food Manufacturer Association (PFMA), and others..

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
20% Off

($3000)

  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Food Diagnostics Market by Type, Test Type, Site, Food Tested And Region - Global Forecast to 2025

  • $ 4950
  • August 2020
  • 275 pages

Increasing instances of foodborne outbreaksis driving the market growth The global food diagnostics market size is projected to grow from USD 13.5billion in 2020 to USD 19.2billionby 2025, recording a ...

  • World
  • North America
  • Food
  • Diagnostics
  • Industry analysis
  • Food Production
  • Food Import

ref:plp2020

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on