9.3% CAGR for Veterinary Diagnostics Market to 2023 - Animals Like Dogs, Cats, Horses and Cattle Treatment

Veterinary diagnostics market report covers drivers, restraints, opportunities, challenges, and market trends. The report also covers product portfolio analysis of veterinary diagnostic products and vendor benchmarking of top players in this market. In addition, this report highlights growth strategies adopted by major market players to garner large shares in the veterinary diagnostics market.

Download Brochure of Veterinary Diagnostics Market spread across 321 Pages, Profiling 11 Companies and Supported with 398 Tables and 40 Figures is now available at https://www.reportsnreports.com/contacts/requestsample.aspx?name=280982 .

Some of the prominent players in the veterinary diagnostics market include IDEXX Laboratories, Inc. (U.S.), Abaxis, Inc. (U.S.), Neogen Corporation (U.S.), Heska Corporation (U.S.), Thermo Fisher Scientific Inc. (U.S.), Zoetis, Inc. (U.S.), QIAGEN N.V. (Netherlands), IDVet (France), and Virbac (France).

Veterinary Diagnostics Market, By Animal Type
1 Introduction
2 Companion Animals
3 Dogs
4 Cats
5 Horses
6 Livestock Animals
7 Cattle
8 Pigs
9 Poultry

Veterinary Diagnostics Market, By End User
1 Introduction
2 Reference Laboratories
3 Veterinary Hospitals & Clinics
4 Point-Of-Care/In-House Testing
5 Research Institutes & Universities

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The global veterinary diagnostics market is estimated to grow at a CAGR of 9.3% from 2017 to 2022, to reach USD 3.62 billion by 2022 from USD 2.31 billion in 2017. The growth of market is mainly attributed to rising demand for animal-derived food products, growing demand for pet insurance, rising animal health expenditure, increasing incidence of zoonotic diseases, increasing awareness about animal healthcare, & increase in number of veterinary practitioners and their growing income levels.

Veterinary Diagnostics Market: Competitive Landscape
1 Introduction
2 Growth Strategy Matrix
3 Product Portfolio Matrix
4 Market Share Analysis
5 Competitive Situations and Trends
6 Product Launches
7 Mergers and Acquisitions
8 Agreements, Partnerships, and Collaborations
9 Expansions

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The adoption of pet insurance is expected to increase in coming years. Currently, the adoption of pet insurance in North America is very low as compared to European countries. According to the Department of Clinical Veterinary Science and the Pet Food Institute (US), 30% of pets in Sweden, 23% of pets in the UK, and only 1% of pets in the US are covered by pet insurance policies.

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