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Europe Veterinary Research Laboratory (VRL) Market Forecast 2021-2028

KEY FINDINGS
The Europe veterinary research laboratory (VRL) market is anticipated to register a CAGR of 10.05%, during the forecast years, 2021-2028. The region's market growth is attributed to key factors, such as, the increasing number of initiatives focused on improving the animal health industry, the rising collaborations among healthcare organizations to promote awareness, and the surging population of production and companion animals.

MARKET INSIGHTS
The Europe veterinary research laboratory (VRL) market growth is studied by evaluating the United Kingdom, Belgium, Germany, France, Poland, Russia, Italy, and the rest of Europe. Russia's veterinary research laboratory (VRL) market is projected to augment steadily, given the growth in clinical urgency, owing to the need for enhanced patient care and alignment within its healthcare infrastructure. Moreover, collaborative agreements by developing as well as well-established industries play a crucial role in accelerating the country's market growth. The rising numbers of committed animal health-equipped laboratory establishments are further augmenting Russia's growth prospects. For instance, in January 2018, UNIM set up a digital laboratory, in order to offer quality cancer diagnostics and remote diagnosis services, across the country's federal and regional health services.
Conversely, in Italy, animal diseases' outbreak has resulted in the development of new vaccines, with an added preference for research laboratories. Similarly, the prevalence of novel infections that offer an opportunity to generate innovative vaccines, integrated with growing government programs is crucial for Italy. Hence, these factors are set to drive the veterinary research laboratory (VRL) market growth, over the forecast years.

COMPETITIVE INSIGHTS
Some of the major companies operating in the market include, Nutreco, Boehringer Ingelheim GmbH, Royal GD Animal Health, Virbac, etc.

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Europe Veterinary Research Laboratory (VRL) Market Forecast 2021-2028
Published By :Inkwood Research
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