Regional Segment Analysis North America. By animal type, the companion animals segment is estimated to account for the largest share of this market in Based on animal type, the veterinary diagnostics market is categorized into livestock and companion animals.
Potential acquisition targets also offer some interesting investment opportunities. The Asia-Pacific and the Latin American markets are expected to be the most lucrative market in terms of growth rate due to increase in the number of households that are preferring to keep pets.
Mounting usage of nanotechnology in veterinary diagnostics, modification of human diagnostic application into veterinary diagnostics, and increasing demand for precise, and quick molecular diagnosis are some of the major trends of the global veterinary diagnostic market.
It is recommended for a single user. The companion animals segment of the market is classified into cats, dogs, horses, and other companion animals. Geographically, North America will be leading the global veterinary diagnostics market in the coming years, due to increasing awareness of animal health and increasing ability of veterinarians to provide animal diagnostics services.
The reassortment of the virus can lead to new strains and cause infections among humans. Global Veterinary Diagnostics Market: The advanced research and development facilities, and new and innovative product developments by the companies to improve their product portfolio are propelling the growth of the veterinary diagnostics industry.
Report Coverage Provides comprehensive understanding of the market with the help of informed market outlook, opportunities, Global veterinary diagnostics market, trends, size and growth, competitive analysis, major competitors and Porter analysis Identifies the key drivers of growth and challenges of the key industry players.
USAbaxis, Inc. US dominated the global veterinary diagnostics market Global veterinary diagnostics market Some of the factors driving the growth of global veterinary diagnostics market are increasing prevalence of disease eruption in animals, rising innovative veterinary diagnostics, increasing per capita income in emerging economies, and increasing prevalence of zoonotic diseases.
Segmentation The global veterinary diagnostics market can be segmented on the basis of animal type, product, end-user, technology, and region. The growth of this market is dependent on various market drivers such as increase in number of in-clinic diagnostic procedures, andincrease in purchase and usage of various diagnostic instruments that are utilized in veterinary practices.
Clinical chemistry includes urine analyzers and other clinical chemistry test. The farms are often in the same area, with a concentration of confined animals, which potentially enhances the risk of avian influenza transferring to pigs. The market is segmented based on the product, technology, animal type, end user, and region.
The veterinary diagnostics market is categorized on the basis of product, type of animal and end users. The risk from zoonotic diseases is fuelling the market for veterinary health care. Moreover, the veterinary diagnostics market is growing due to increasing awareness of animal health in the emerging countries, such as India and China, of Asia-Pacific region.
The growth of this region can be contributed to factors such as the rising requirement for animal-derived food products, mounting companion animal healthcare spending, increasing digit of veterinary professionals and their income levels, and expanding wakefulness about zoonotic diseases.
Company Snapshot Figure 34 Zoetis, Inc.: Request Report Methodology Veterinary diagnostics are the tests that help in determiningand identifyingvariousdisorders in animals.
Number of Veterinarians, vs Table France: Number of Veterinarians, vs Table Germany: Asia-Pacific is the fastest growing region in the global vaccine market.
Moreover, there is a risk of emerging new strains of influenza viruses, due to the long distance transportation of animals.
Growth Factors The key factors contributing to the growth of the market for veterinary diagnostics include the growing alertness about zoonotic diseases, growing demand for pet insurance, growing pet adoption, growing digit of veterinary practitioners and their increasing income levels, rising order for animal-derived food products, and increasing animal healthcare spending.
Some of the major players operating in the veterinary diagnostics market are Abbott Laboratories, Abaxis, Inc.
Company Snapshot Figure 33 Abaxis, Inc.: Asia-Pacific region is anticipated to rise in the market at a significant rate due to growing pet adoption and rising need for animal-derived food products. However, the increasing pet care costs may restrain the growth of the market.
The large share can be attributed to the increasing companion animal ownership, growing awareness about animal health among pet owners, and rising pet healthcare expenditure. Diagnostic imaging is further segmented as ultrasound imaging, MRI scanning and other diagnostic imaging technologies.
The hematology segment of the veterinary market is sub-segmented into hematology cartridges and hematology analyzers. Stringent regulations and testing procedures in North America have prompted the innovation in animal healthcare.
The technology segment of the veterinary diagnostics market is grouped into clinical chemistry, blood gas-electrolyte analysis, hematology, diagnostic imaging, glucose monitoring, immunodiagnostic, and molecular diagnostics.[Original Price: $] [Discount Price: $] You Will Get Custom Report at Syndicated Price on Veterinary Diagnostics Market - Global Industry Analysis, Size, Location: State Tower, 90 State Street, SuiteAlbany, Global Veterinary Diagnostics Market Size, Share, Development, Growth and Demand Forecast to The report will be delivered in PDF format along with the printing rights.
It is recommended for up to five users. The report will be delivered in PDF format along with printing rights and detailed. The global veterinary diagnostics market is estimated to grow at a CAGR of % from toto reach USD billion by from USD billion in In this report, the veterinary.
Veterinary diagnostics refers to the tests that assist in recognizing and determining several diseases in animals. These tests are carried out through numerous methods that. 2 days ago · DUBLIN--(BUSINESS WIRE)--Sep 24, The "Veterinary Molecular Diagnostics Market: Global Industry Analysis, Trends, Market Size and Forecasts up.
The World Market for Veterinary Diagnostics The World Market for Veterinary Diagnostics International trade, public health, agricultural productivity, consumer confidence and companion animal-owner relationships are all dependent upon effective - Market research report and industry analysis - Global Veterinary Diagnostics Market.Download