Veterinary Diagnostics Market research report contains the most recent market information with which companies can get in depth analysis of Healthcare industry and future trends. Wide-ranging evaluation of the market growth predictions and restrictions has also been studied in this report. This market report offers wide-ranging analysis of the market structure for Healthcare industry along with estimations of the various segments and sub-segments of the market. It offers key measurements, status of the manufacturers and proves to be a significant source of direction for the businesses and organizations. With an international Global Veterinary Diagnostics Market report business can construct a strong organization and make better decisions that take business towards the great level of success.
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.
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.
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)
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
- Clinical Biochemistry
- Molecular Diagnostics
- Companion Animals
- Livestock Animals
- Infectious Diseases
- Non-Infectious Diseases
- Hereditary, Congenital, and Acquired Diseases
- General Ailments
- Structural and Functional Diseases
- Canine and Feline
- Reference Laboratories
- Veterinary Hospitals and Clinics
- Point-Of-Care/In-House Testing
- Research Institutes And Universities
Table of Contents:
- Market Segmentation
- Executive Summary
- Premium Insights
- Global Veterinary Diagnostics Market: Regulations
- Market Overview
- Global Veterinary Diagnostics Market, By Type
- Global Veterinary Diagnostics Market, By Technology
- Global Veterinary Diagnostics Market, By Animal Type
- Global Veterinary Diagnostics Market, By Disease Type
- Global Veterinary Diagnostics Market, By Animal Type
- Global Veterinary Diagnostics Market, By Region
- Global Veterinary Diagnostics Market: Company Landscape
- SWOT Analyses
- Company Profile
- Related Reports
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Healthcare Infrastructure growth Installed base and New Technology Penetration
The veterinary diagnostics market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for veterinary diagnostics market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the veterinary diagnostics market.
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