Veterinary Diagnostics Market By Product, Animal Type, Disease Type, Key Players And Is Anticipated To Extent USD 5.01 Billion By 2029

Veterinary Diagnostics Market study by “Data Bridge Market Research” provides details about the market dynamics affecting the Veterinary Diagnostics market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favourable competitive landscape and trends prevailing over the years.

Veterinary Diagnostics Market study by “Data Bridge Market Research” provides details about the market dynamics affecting the Veterinary Diagnostics market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favourable competitive landscape and trends prevailing over the years.

Veterinary Diagnostics Market business report provides exact information about market trends, industrial changes, and consumer behaviour etc. The industry report assists in outlining brand awareness, market landscape, possible future issues, industry trends, and customer behaviour about Healthcare industry which eventually leads to advanced business strategies. Being a verified and reliable source of information, this market research report offers a telescopic view of the existing market trends, emerging products, situations and opportunities that drives the business in the right direction of success. The winning Veterinary Diagnostics Market report has been framed with the proper use of tools like SWOT analysis and Porter’s Five Forces analysis methods.

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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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.

Veterinary Diagnostics Market Dynamics

Drivers

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.

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Segmentation: Veterinary Diagnostics Market

The veterinary diagnostics market is segmented on the basis of product, technology, animal type, disease type, species and end user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

  • Instruments
  • Reagents
  • Consumables

Technology

  • Immunodiagnostics
  • Clinical Biochemistry
  • Molecular Diagnostics
  • Haematology
  • Urinalysis
  • Others

Animal Type

  • Companion Animals
  • 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

Browse the complete table of contents at https://www.databridgemarketresearch.com/toc/?dbmr=global-veterinary-diagnostics-market

Veterinary Diagnostics Market Regional Analysis/Insights

The Global veterinary diagnostics market is analysed and market size insights and trends are provided by country, product, technology, animal type, disease type, species and end user as referenced above.

The countries covered in the veterinary diagnostics market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the veterinary diagnostics market because of the presence of healthcare programs within the region.

Asia-Pacific (APAC) is expected to witness significant growth during the forecast period of 2022 to 2029 due to the increased disposable income and acceptance of pet animals in the region.

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