Veterinary diagnostics refers to the tests which are used to recognise & determine various diseases in animals. These tests are carried out through numerous methods which use animal faces, blood & tissue samples. The global veterinary diagnostics market was valued at $XX billion in 2017 and expected to reach $XX billion by 2025 with a CAGR of XX% during the forecast period from 2019-2025. The factors like increasing demand for animal-derived food products, growth in companion animal population, rising demand for pet insurance & growing animal health expenditure and increasing prevalence of animal zoonotic diseases are driving the market growth. Shortage of veterinarians in emerging markets, lack of animal healthcare awareness in emerging markets and increasing pet care costs are hampering the market growth. The factors that are creating opportunities for market growth are an increase in the number of veterinary practitioners and income levels in developed economies & untapped emerging markets.
Research Study Objectives:
- Define, estimate, and forecast the Veterinary Diagnostics market statistics by Product, by technology, by animal type, by the end user and regions concerning the individual growth drivers, market trends and their contribution toward the Veterinary Diagnostics market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Veterinary Diagnostics Market Analysis
- Analysis and conclusions on the future Veterinary Diagnostics market outlook.
Top-down and bottom-up approaches are used to validate the Veterinary Diagnostics Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources;
databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The
Veterinary Diagnostics Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the
Veterinary Diagnostics market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The Veterinary Diagnostics market segmentation is as follows:
By Product
By Technology
- Immunodiagnostics
- Lateral Flow Assays
- Lateral Flow Rapid Tests
- Lateral Flow Strip Readers
- Elisa Tests
- Allergen-Specific Immunodiagnostic Tests
- Immunoassay Analyzers
- Others
- Clinical Biochemistry
- Clinical Chemistry Analysis
- Clinical Chemistry Reagent Clips and Cartridges
- Clinical Chemistry Analyzers
- Glucose Monitoring
- Blood Glucose Strips
- Glucose Monitors
- Urine Glucose Strips
- Blood Gas & Electrolyte Analysis
- Blood Gas and Electrolyte Reagent Clips and Cartridges
- Blood Gas & Electrolyte Analyzers
- Molecular Diagnostics
- Polymerase Chain Reaction (PCR) Tests
- Microarrays
- Others
- Haematology
- Haematology Cartridges
- Haematology Analyzers
- Urinalysis
- Urinalysis Clips & Cartridges/Panels
- Urine Analyzers
- Urine Test Strips
- Others
By Animal Type
- Companion Animals
- Livestock Animals
- Cattle
By End User
- Reference Laboratories
- Veterinary Hospitals & Clinics
- Point-Of-Care/In-House Testing
- Research Institutes & Universities
Geographical Analysis:
Veterinary Diagnostics Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland,
Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the Veterinary Diagnostics Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Veterinary Diagnostics Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOTanalysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant Veterinary Diagnostics market players, such as
- Idexx Laboratories Corporation
- Abaxis, Inc.
- Zoetis, Inc.
- Qiagen N.V.
- Thermo Fisher Scientific
- Along with these companies, many other companies are considered in the report while analysing the Global Veterinary Diagnostics competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
