Anyone working or remotely associated with the animal health care industry will know about the Kansas City Animal Health Corridor. It is the hub for animal health organizations located in the North American region and accounts for more than 80% of the animal health care revenue generated by North America on a yearly basis. It provides you with a favorable business environment by creating a platform to interact and collaborate with the best of industry experts which will help in the company’s holistic growth. While this is the North American scenario, similar developments in Scotland are being set in motion to make it a hub for animal healthcare in Europe.
Scotland has initiated the framework to make it an ideal location for animal health care and aquaculture research. Demographically, Scotland is the ideal location for aquaculture research. 50% of the UK veterinary spending is offered to Scotland. The ample natural resources available for the industry to prosper is one of the major initiating factors for Scotland to establish itself as the hub for animal health research. Scotland is also home to over 1000 researchers who are focusing on animal health care primarily. According to the Scottish Government, The Roslin Institute has helped generate annual productivity gains of £247 million through its breeding and genetics research. Most of the vaccines for sheep and cattle respiratory problems were first developed in Scotland, which then were used in other parts of the world. The abundance of proper skilled labor, high infrastructure and immense scope for Research and Development coupled with the strong links to food producers are factors which justify the promotion made by the Scottish Government to make its nation the European hub for animal health care and aquaculture market.
Scotland is also a home for a number of innovative companies involved in the field of Animal health care and research. One such company which holds a reputation all around the globe is Benchmark Holdings subsidiary, The Fish Vet Group. The company started as a small organization providing veterinary services to the fish farming operations on the coast of Scotland has gradually grown into as the world leader in aquatic health services. It is fair to say that this company has thrived under the favorable demographics and conditions offered by Scotland, acting as a prime example for the potential and promise Scotland holds as a leading location for animal health care market to bloom. The Fish Vet group offers services in Veterinary healthcare, diagnostics and environmental aspects. They have recently been in the news for expanding their operations with new offices in Thailand (Asia), one of the biggest aquaculture markets in the world. They have been able to attract the best researchers involved in the field of animal healthcare and diagnostics to work for their organization. The recent inclusion of the world-renowned Salmonid health specialist Dr. Marian McLoughlin to their list of researchers speaks volumes of their reputation. Their main products include medication for the prevention and treatment of Salice infestation and other aquaculture specific diseases. The acquisition of the Ireland based Vet Aqua International in 2013 has restored their position as market leader in the aquaculture market. Their presence previously confined only to the Scottish region has expanded internationally to the USA, Ireland, Norway and Thailand, all hot prospects, poised to strengthen their hold on the Global Animal Health Care market.
The governance changes in Scotland acted as a catalyst in the growth of The Fish Vet Group’s business globally by providing the resources needed to thrive in the market. Market players can take note of this example. With the animal health market in demand for the next few years, it can be said Scotland can be considered the ideal location for new market players who are eager to excel in the animal health market. It will also be beneficial to the already existing players to open their business at Scotland as it has a lot to offer to say the least.