Spain Veterinary Cro And Cdmo Market Size & Outlook
Spain veterinary cro and cdmo market, 2018-2030 (US$Ms)
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Spain veterinary cro and cdmo market highlights
- The Spain veterinary cro and cdmo market generated a revenue of USD 110.8 millions in 2022 and is expected to reach USD 251.5 millions by 2030.
- The Spain market is expected to grow at a CAGR of 10.8% from 2023 to 2030.
- In terms of segment, livestock animals was the largest revenue generating animal type in 2022.
- Companion Animals is the most lucrative animal type segment registering the fastest growth during the forecast period.
Veterinary cro and cdmo market data book summary
| Market revenue in 2022 | USD 110.8 millions |
| Market revenue in 2030 | USD 251.5 millions |
| Growth rate | 10.8% (CAGR from 2022 to 2030) |
| Largest segment | Livestock animals |
| Fastest growing segment | Companion Animals |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD millions |
| Market segmentation | Companion Animals, Livestock Animals |
| Key market players worldwide | Labcorp Holdings Inc, Charles River Laboratories International Inc, Hannover Rueck SE, Inotiv Inc, IDEXX Laboratories Inc, Zoetis Inc Class A, Swedencare AB, Clinvet, Oncovet Clinical Research, knoell, Vetspin |
Other key industry trends
- In terms of revenue, Spain accounted for 1.9% of the global veterinary cro and cdmo market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany veterinary cro and cdmo market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 251.5 millions by 2030.
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Veterinary CRO And CDMO Market Scope
Veterinary CRO And CDMO Market Companies
| Name | Profile | # Employees | HQ | Website |
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Spain veterinary cro and cdmo market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to veterinary cro and cdmo market will help companies and investors design strategic landscapes.
Livestock animals was the largest segment with a revenue share of 59.39% in 2022. Horizon Databook has segmented the Spain veterinary cro and cdmo market based on companion animals, livestock animals covering the revenue growth of each sub-segment from 2018 to 2030.
Numerous factors, including important players in the country, rising spending on veterinary care, and increased pet ownership during the pandemic, have contributed to the growth in Spain veterinary CRO and CDMO market.
The field of veterinary science research is expanding continuously in Spain. The government is also funding extensive research in the field of veterinary medicine. The assessment of a vaccine’s safety and efficacy during clinical trials is one of the crucial steps in the development of a veterinary pharmaceutical product.
For instance, one of the top European businesses, ONDAX Scientific, focuses on the design and execution of clinical trials for animal health products in the veterinary sector. The company has experience performing various veterinary clinical trials for numerous animal diseases.
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Our clientele includes a mix of veterinary cro and cdmo market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain veterinary cro and cdmo market , including forecasts for subscribers. This country databook contains high-level insights into Spain veterinary cro and cdmo market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain veterinary cro and cdmo market size, by animal type, 2018-2030 (US$Ms)
Spain Veterinary CRO And CDMO Market Outlook Share, 2022 & 2030 (US$Ms)
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