Germany Veterinary Point Of Care Diagnostics Market Size & Outlook
Germany veterinary point of care diagnostics market, 2018-2030 (US$M)
Related Markets
Germany veterinary point of care diagnostics market highlights
- The Germany veterinary point of care diagnostics market generated a revenue of USD 131.3 million in 2022 and is expected to reach USD 283.3 million by 2030.
- The Germany market is expected to grow at a CAGR of 10.1% from 2023 to 2030.
- In terms of segment, companion animals was the largest revenue generating animal type in 2022.
- Livestock Animals is the most lucrative animal type segment registering the fastest growth during the forecast period.
Veterinary point of care diagnostics market data book summary
| Market revenue in 2022 | USD 131.3 million |
| Market revenue in 2030 | USD 283.3 million |
| Growth rate | 10.1% (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 |
Other key industry trends
- In terms of revenue, Germany accounted for 7.5% of the global veterinary point of care diagnostics market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany veterinary point of care diagnostics market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 230.9 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Veterinary Point Of Care Diagnostics Market Scope
Veterinary Point Of Care Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany veterinary point of care diagnostics 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 point of care diagnostics market will help companies and investors design strategic landscapes.
Companion animals was the largest segment with a revenue share of 57.12% in 2022. Horizon Databook has segmented the Germany veterinary point of care diagnostics market based on companion animals, livestock animals covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing pet humanization and initiatives by market players are anticipated to drive market growth. In January 2022, Luko, a French Insurtech startup, acquired Coya. This increased Luko’s customer base and helped it gain an insurance license in Germany.
According to the Industry Association of Pet Care Producers and ZZF (German Pet Trade & Industry Association), the number of pets in Germany increased by 5% in 2020 as compared to the previous year. According to FEDIAF, in 2021, the country’s canine population was estimated to be to 16.7 million in 2021.
Rising initiatives by the government, increasing prevalence of emerging zoonotic diseases, and leading innovations in veterinary healthcare are major factors driving the market. Growing population of dogs in Germany is expected to propel market growth in the region. In 2021, Germany had the pet dog with more than 10 million dogs.
Reasons to subscribe to Germany veterinary point of care diagnostics market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Germany veterinary point of care diagnostics market databook
-
Our clientele includes a mix of veterinary point of care diagnostics market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany veterinary point of care diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into Germany veterinary point of care diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Germany veterinary point of care diagnostics market size, by animal type, 2018-2030 (US$M)
Germany Veterinary Point Of Care Diagnostics Market Outlook Share, 2022 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
