Poultry Diagnostics Market is registering a healthy 10.5% CAGR between 2017 – 2025

Market Scenario:

Global poultry diagnostic market is expected to reach USD 731.25 million by 2025 from USD 335.14 million in 2017, at a CAGR of 10.5% in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Poultry farming refers to the procedure of nurturing domesticated birds namely geese, turkeys, ducks, and chicken for farming egg or meat for food. Over 50 billion chickens are brought up annually as a food source, for both their egg and meat. Several organizations is different countries such as the Food and Drug Administration (FDA) in the U.S. is the national organization that oversees poultry production in the nation. In the U.K., the Department for Environment Food and Rural Affairs is the organization that takes care of the of the poultry production. The rising concerns over the health of poultry animals is making owners of poultry animals vigilant towards their animals health and thus governments across the globe are also concerned over the diseases that are likely to spread among people due to the consumption of poultry food products

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Top Players:
IDEXX Laboratories dominated the poultry diagnostic market accounting largest market share followed by Zoetis, and Thermo Fisher Scientific Inc along with other players such as
• QIAGENc
• Ubio Biotechnology Systems Pvt Ltd,
• Nisseiken Co.,Ltd,
• Gd Animal Health
• DRG Instruments Gmbh
• Bioingentech Biotechnologies, Inc.
• AffiniTech, LTD,,
• BioNote, Inc
• Idevt
• Biochekk smart veterinary diagnostics
• Paul Hartmann Limited

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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Market Segments:
• Based on test, the market is segmented into enzyme linked sorbent assay (ELISA), polymerase chain reaction (PCR) tests and others. In 2018, enzyme linked sorbent assay (ELISA) market is likely to dominate market with 51.4% shares and is estimated to reach USD 390.11 million by 2025. It is growing at the highest CAGR of 11.1% in the forecast period.
• On the basis of disease, market is segmented into Avian Influenza, Avian Salmonellosis, pressure ulcers, Newcastle Disease, Avian Mycoplasmosis, Infectious Bronchitis, Infectious Bursal Disease, Avian Pasteurellosis, Avian Encephalomyelitis, Avian Reovirus, Chicken Anemia, and Others. In 2018, avian influenza market is likely to dominate market with 27.1% shares and is estimated to reach USD 218.45 million by 2025. It is growing at the highest CAGR of 12.0% in the forecast period.
• On the basis of service, market is segmented into bacteriology, parasitology and virology. In 2018, bacteriology market is likely to dominate market with 61.3% shares and is estimated to reach USD 446.61 million by 2025. It is growing at a CAGR of 10.4% in the forecast period.
Based on geography, the market is segmented into 5 geographical regions:
• North America
• Europe
• Asia-Pacific
• South America
• Middle East and Africa
In 2018, North America is expected to account for the largest share of 40.6% for this market, followed by Europe.

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This release was published on openPR.