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Veterinary Diagnostics Market Projected to Witness Vigorous Expansion by 2030

  • Writer: chhaya chavan
    chhaya chavan
  • May 17, 2023
  • 3 min read

The global veterinary diagnostics market size was USD 6.63 Billion in 2021 and is expected to register a revenue CAGR of 11.2% during the forecast period, according to latest analysis by Emergen Research. Increasing number of laboratories adopting more creative techniques owing to recent advancements in diagnostics is a major factor driving market revenue growth. Veterinary diagnostics is an important and integral component for management as well as prevention of disease outbreak among animals. A few of the unique viruses that have appeared or reemerged in recent years and had a severe impact on a variety of industries, including animal husbandry, dairy, and other sectors, are tomato yellow leaf curl virus and citrus tristeza virus. Major viral infections cannot be cured, but if they are caught early and closely watched, they can spread more slowly, therefore globally, new Point-of-Care (PoC) testing utensils and breakthroughs in virus detection are needed.

The report is a comprehensive research study of the global Veterinary Diagnostics market inclusive of the latest trends, growth factors, developments, opportunities, and competitive landscape. The research study includes an in-depth analysis of the market using advanced research methodologies such as SWOT analysis and Porter’s Five Forces analysis. The report is formulated with data gathered from primary and secondary research examined and validated by industry experts. The report provides an overview of the market leaders, segmentation by type, application, and region, and technological advancements.

Key companies operating in the Veterinary Diagnostics market include:

Zoetis; Heska Corp., IDEXX Laboratories Inc., Agrolabo S.p.A., IDvet, Virbac, Thermo Fisher Scientific Inc., Neogen Corp., Covetrus, and iM3Vet Pty Ltd

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Veterinary Diagnostics market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Key Benefits of the Report:

  • Critical understanding of the key market segments

  • Comprehensive analysis of the drivers, restraints, trends, and opportunities

  • Comprehensive analysis of the competitive scenario and its changing dynamics

  • Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis

  • In-depth 8-year analysis of the Global Veterinary Diagnostics Market

  • Detailed regional analysis and extensive company profiling

  • Extensive assessment of current and emerging trends of the market

Veterinary Diagnostics Market Segmentation:

  • Type Outlook (Revenue, USD Billion; 2019-2030)

    • Consumables

    • Instruments & Devices

    • Reagents & Kits


  • Species Outlook (Revenue, USD Billion; 2019-2030)

    • Bovine

    • Canine

    • Avian

    • Others


  • End-use Outlook (Revenue, USD Billion; 2019-2030)

    • Veterinary Hospitals

    • Research Institutes

    • Others


Veterinary Diagnostics Market Segmentation by Regions:

  • North America (U.S., Canada)

  • Europe (U.K., Italy, Germany, France, Rest of EU)

  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)

  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

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About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

 
 
 

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