Europe Animal Healthcare Market, by Animal Type (Livestock {Bovine, Porcine, Poultry, and Other} and Companion {Canine, Feline, and Equine}), by Route of Administration (Oral, Topical, and Injectable {Subcutaneous Injections, Intramuscular Injections, Intravenous Injections, Intra-peritoneal Injections, and Others}), by Indication (Infectious Diseases, Pain, Auto-immune Disease, and Others), and by Country (Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
Animal healthcare includes veterinary and over-the-counter drugs, supplements, nutraceuticals, vaccines, antibiotics, and parasiticides, which are used in the treatment of diseases associated with the digestive system, immunological system, reproductive system, respiratory, and urinary system of animals. A rapid increase in the cases of zoonotic viral diseases and other animal-borne diseases can have adverse effects on farming and other occupation. Efficient animal healthcare can facilitate enhanced productivity of livestock to the farmers, as livestock animals provide a major protein source through meat and milk. Increasing public-private collaboration to increase awareness about efficient animal healthcare in Europe is expected to drive the Europe animal healthcare market growth.
Market Dynamics
Increasing product launches is responsible for the growth of the Europe animal healthcare market over the forecast period. For instance, Boehringer Ingelheim, a Germany-based pharmaceutical company, launched Fencovis, a new vaccine to prevent calf diarrhea. Boehringer Ingelheim is expanding its bovine vaccine portfolio with the introduction of Fencovis, a vaccine for the prevention of calf diarrhea that provides passive immunity to calves via the cows' maternal colostrum. Calf diarrhea, often known as calf scour, is a symptom of a variety of gastrointestinal illnesses that affect newborn calves who have not yet been weaned. Neonatal calf's undeveloped immune system, which is unable to create its own antibodies, makes calf scour much more difficult to treat.
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