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Animal Diagnostics Market Key Analysis of Neogen, Thermo Fisher Scientific, Abaxis, Randox, IDEXX Laboratories, Zoetis, and Qiagen

07-28-2018 01:05 PM CET | Health & Medicine

Press release from: Market Study Report

Animal Diagnostics Market, Animal Diagnostics Market Study, Animal Diagnostics Market Size, Animal Diagnostics Market Segmentation

Animal Diagnostics Market, Animal Diagnostics Market Study, Animal Diagnostics Market Size, Animal Diagnostics Market Segmentation

The prime objective of Animal Diagnostics Market report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report.

Animal Diagnostics Market will reach USD 5.4 billion by 2024; Diagnosis is the identification of the nature and cause of a certain phenomenon. Diagnosis is used in many different disciplines with variations in the use of logic, analytics

This report focuses on the top Manufacturers and players in global market are given bellow:-

Virbac, Heska Corporation, Neogen, Thermo Fisher Scientific, Abaxis, Randox, IDEXX Laboratories, Zoetis, and Qiagen. Acquisition, merger, strategic collaboration and partnership 

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Growing demand for superior pet products, increasing spending towards pet healthcare as well as advancements in veterinary diagnostics will propel industry growth over the coming years. Different countries? governments along with various international organizations have been organizing campaigns, and various other programs to create awareness about animal derived human infections should stimulate business growth. 

Increasing demand for animal protein along with increasing meat consumption due to lowering of meat prices in developing economies such as China will propel industry growth over the coming years. Increasing number of veterinary clinics equipped with modern technology will positively impact industry growth.

However, high cost associated with animal diagnostic tests along with low out of pocket expenditure on pet in some developing countries due to affordability concerns will restrain animal diagnostics market growth over the forecast period.

Clinical biochemistry business dominated animal diagnostics market in 2016 and is estimated to grow considerably during the forecast period. Growing demand for advanced veterinary diagnostic tools coupled with numerous efforts undertaken to conserve endangered species will drive segment growth.

Technological advancements in veterinary diagnostics will further stimulate business growth.

Farm animal segments is anticipated to witness lucrative growth over the forecast period owing to growing demand for animal products including animal protein due to its rich content. Increased meat consumption due to reduction in meat prices and several efforts made by domestic government and various other organization to reduce occurrence of animal derived human infections will boost demand for advanced animal diagnostic solutions.

U.S. held largest market share in 2016 and should hold its position over the coming years. Growing pet adoption coupled with increasing government efforts to accelerate growth of animal healthcare sector will drive U.S. animal diagnostics market. Rise in disposable income and technological advancements in veterinary diagnostics will favor industry growth.

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Chapter 1. Methodology 

 1.1. Methodology

 1.2. Market definitions

 1.3. Forecast parameters

  1.4. Data Sources

 1.4.1.  Secondary

 1.4.1.1. Paid sources

  1.4.1.2. Unpaid sources

 1.4.2.  Primary

 Chapter 2. Executive Summary

 2.1. Animal diagnostics industry 360 degree synopsis, 2013 - 2024

 2.1.1.  Business trends

 2.1.2.  Technology trends

 2.1.3.  Animal type trends

 2.1.4.  Regional trends

 Chapter 3. Animal Diagnostics Industry Insights

 3.1. Industry segmentation

 3.2. Industry landscape, 2013 - 2024

 3.3. Industry impact forces

 3.3.1.  Growth drivers

 3.3.1.1.  Growing trend of adopt"ing pet animals

 3.3.1.2.  Rising prevalence of food borne and zoonotic diseases

 3.3.1.3.  Favorable government initiatives

 3.3.1.4.  Rapidly increasing demand for animal products

 3.3.1.5.  Advancements in veterinary diagnostics

 3.3.2.  Industry pitfalls & challenges

 3.3.2.1.  Prohibitive cost associated with animal tests

 3.3.2.2.  Low out of pocket expenditure on pet healthcare in developing countries

 3.4. Growth potential analysis

 3.4.1.  By technology

 3.4.2.  By animal type

 3.5. Regulatory landscape

 3.5.1.  U.S

 3.5.2.  Europe

  3.6. Porter's analysis

 3.7. Competitive landscape, 2016

 3.7.1.  Business overview

 3.7.2.  Revenue analysis

 3.7.3.  Product landscape

 3.7.4.  Strategy dashboard

 3.8. PESTEL analysis

 Chapter 4. Animal Diagnostics Market, By Technology

 4.1. Global animal diagnostics market share, by technology, 2016 & 2024

 4.2. Immunodiagnostics

 4.2.1. Market estimates and forecast, by region, 2013 - 2024

 4.2.2.  ELISA

  4.2.2.1. Market estimates and forecast, by region, 2013 - 2024

 4.2.3.  Lateral flow assays

 4.2.3.1. Market estimates and forecast, by region, 2013 - 2024

 4.2.4.  Immunoassay analyzers

 4.2.4.1. Market estimates and forecast, by region, 2013 - 2024

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