Market revenue in 2022 | USD 92.2 million |
Market revenue in 2030 | USD 230.9 million |
Growth rate | 12.2% (CAGR from 2022 to 2030) |
Largest segment | Companion animals |
Fastest growing segment | Livestock Animals |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Companion Animals, Livestock Animals |
Key market players worldwide | Zoetis Inc Class A, IDEXX Laboratories Inc, Virbac SA, Veterinary Pharmaceutical Solutions, Thermo Fisher Scientific Inc, SoundCloud, Mindray Medical International, Esaote, FUJIFILM Holdings Corp, Woodley Equipment Company |
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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 point of care diagnostics market will help companies and investors design strategic landscapes.
Companion animals was the largest segment with a revenue share of 51.3% in 2022. Horizon Databook has segmented the France veterinary point of care diagnostics market based on companion animals, livestock animals covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing cattle and other livestock population in France is a major factor responsible for market growth. Beef cattle were the main livestock raised in France in 2021 at more than 17 million. Pork and beef animals accounted for almost 80% of the total cattle raised in France in 2021.
For instance, in 2021, Boehringer Ingelheim International GmbH announced its plans to invest USD 112.28 million in veterinary public health capabilities in Lyon-Jonage, France. Moreover, in October 2021, Zoetis, a global leader in animal healthcare, expanded its development and manufacturing facilities in Ireland (Tullamore).
This significantly improved its production capacity of veterinary monoclonal antibodies. Increase in animal healthcare expenditure and growing pet ownership are likely to boost product demand in the country.
Horizon Databook provides a detailed overview of country-level data and insights on the France veterinary point of care diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into France veterinary point of care diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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