The
large scale Veterinary
Diagnostics Market report is a synopsis about how is the market status
right now and how will it be in the forecast years for Healthcare industry. The
report gives details about the top players and brands that are driving the
market. Also, this market analysis report gives an in-depth knowledge on what
the recent developments, products launches are, while also keeping the track
for recent acquisitions, mergers, joint ventures and competitive research in
the global market industry. This marketing report also provides the knowledge
of all the drivers and restraints which are derived through SWOT analysis.
Global Veterinary Diagnostics Market is a professional and detailed report that
highlights primary and secondary drivers, market share, leading segments and
geographical analysis.
Global Veterinary Diagnostics Market
was valued at USD 2.6 Billion in 2021 and is expected to reach USD 5.01 Billion
by 2029, registering a CAGR of 8.55% during the forecast period of 2022-2029. The market
report curated by the Data Bridge Market Research team includes in-depth expert
analysis, patient epidemiology, pipeline analysis, pricing analysis, and
regulatory framework.
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Veterinary diagnostics is considered a crucial part of for the
management and prevention of outbreak of diseases among animals. The rise in
the emphasis on the prevention and control of zoonotic diseases is escalating
the growth of veterinary diagnostics market.
Market
Overview:
Veterinary diagnostics are referred to the tools that are utilized
in diagnosis of animal diseases that is caused owing to the microorganisms,
including viruses, fungi, bacteria and pathogens, among others. These animal
diagnostics tools are used for detecting disease, checking the presence of
disease-causing agents, monitoring disease progression and providing optimal
therapeutics.
Veterinary
Diagnostics Market Dynamics
·
Driver’s
Animal-derived food products
The increase in the demand for
animal-derived food products acts as one of the major factors driving the
growth of veterinary diagnostics market.
·
Incidence
of Transboundary
The surge in the incidence of
transboundary and zoonotic diseases among animals accelerate the market growth.
·
Number of
Veterinary Practitioners
The rise in number of veterinary
practitioners and their rising income levels in developed economies further
influence the market.
Opportunities
Furthermore, use of PCR testing panels
to rule out COVID-19 virus in animals extend profitable opportunities to the
market players in the forecast period of 2022 to 2029.
Some
of the major players operating in the Veterinary Diagnostics Market are:
·
Almac (UK)
·
Element Materials Technology Group Limited
(UK)
·
Eurofins Scientific (France)
·
PPD Development, LP (US)
·
Source BioScience (UK)
·
Intertek Group plc (UK)
·
Laboratory Corporation of America (US)
·
BioReliance Corporation (US)
·
Charles River Laboratories (US)
·
WuXi AppTec (China)
·
Anacura (Belgium)
·
LGC Ltd (UK)
·
Medpace Hldgs (US)
·
Syneos Health (US)
·
PRA Health Sciences (US)
·
STERIS plc (US)
·
Merck Group KGaA (Germany)
·
PPD, Inc. (US)
Recent
Developments
·
Heska Corporation acquired Lacuna Diagnostics
in January’2021. This acquisition aims at strengthening the company’s portfolio
of telemedicine services and point-of-care digital cytology technology.
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Veterinary
Diagnostics Market Scope and Market Size
Product
·
Instruments
·
Reagents
·
Consumables
Technology
·
Immunodiagnostics
·
Clinical Biochemistry
·
Molecular Diagnostics
·
Haematology
·
Urinalysis
·
Others
Animal
Type
1. Companion
Animals
2. Livestock
Animals
Disease
Type
·
Infectious Diseases
·
Non-Infectious Diseases
·
Hereditary, Congenital, and Acquired Diseases
·
General Ailments
·
Structural and Functional Diseases
Species
·
Bovine
·
Camelid
·
Canine and Feline
·
Caprine
·
Equine
·
Ovine
·
Porcine
·
Avian
·
Others
End
User
·
Reference Laboratories
·
Veterinary Hospitals and Clinics
·
Point-Of-Care/In-House Testing
·
Research Institutes And Universities
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