Market Forecast for Animal Diagnostics by 2024 Key Vendors are Abaxis, Inc., IDEXX Laboratories, Heska Corporation, Neogen, Zoetis Inc., Randox, QIAGEN, Virbac, Thermo Fisher Scientific
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2495
Technological advancements veterinary diagnostics coupled with industry players efforts to develop cost-effective, flexible diagnostic tool capable of delivering faster results will stimulate industry growth. However, low expenditure on pet care in developing economies such as South Africa along with exorbitant cost associated with animal test will hinder industry growth over the forecast time-frame.
Hematology segment will witness robust growth over the forecast period. Growing demand for bleeding (hemostasis) analysis, erythrocyte analysis, and leukocyte analysis coupled with rising number of pets suffering from vomiting, weakness, diarrhea, fever, pale gums and loss of appetite requiring hematological tests for disease diagnosis will lead to segment growth.
Urinalysis provides valuable information about urinary tract infection in pets especially in small animals including dogs, cats, rabbits, guinea pigs and others. Presence of associations such as International Society for Companion Animal Infectious Diseases providing guidelines for management of urinary tract infection will drive segment growth.
Companion animals segment dominated industry in 2016 owing to growing trend of pet adoption coupled numerous efforts undertaken by domestic governments to stimulate growth of animal healthcare sector. Increasing disposable income leading to rise in spending towards pet care will fuel industry growth.
Increasing number of well-informed pet owners demanding for superior pet care products, rising spending towards pet care along with growing disposable income will drive UK animal diagnostics market over the coming years. Growing pet adoption coupled with advancements in veterinary diagnostics will stimulate demand for innovative animal diagnostic tools.
Growing affection of companion animals leading to rise in pet adoption along with rising demand for premium pet products will drive China animal diagnostics market. Rise in spending over pet care and growing number of veterinarian clinics in the country will positively impact industry growth.
Some of the notable industry players operating in global animal diagnostics market are Thermo Fisher Scientific, Abaxis, Heska Corporation, Virbac, IDEXX Laboratories, Zoetis, Randox, Qiagen, and Neogen. Industry players are adopting inorganic growth strategies such as merger, acquisition and strategic partnership to expand their product portfolio as well as consolidate market position.
Leading players are focusing on new product development to gain significant market share and sustain its position. For instance, Virbac launched Speed Reader, range of biomarker tests allowing rapid detection of parasitic and infectious diseases in companion animals and cattle in January 2018 in Germany.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2495
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Market Forecast for Animal Diagnostics by 2024 Key Vendors are Abaxis, Inc., IDEXX Laboratories, Heska Corporation, Neogen, Zoetis Inc., Randox, QIAGEN, Virbac, Thermo Fisher Scientific here
News-ID: 1285371 • Views: 991
More Releases from Global Market Insights, Inc.
Recycled elastomers market trends analysis, growth, Size, forecasts with top key …
As pr estimates that global recycled elastomers market size will be worth more than US$6 billion by 2025. The industry share is classified on the basis of raw material, application and region. The raw material segment is further segmented into natural rubber, chloroprene rubber, polyurethane rubber, propylene rubber, NBR, SBR, and others. Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/2791 The raw material segment in the recycled elastomers market is
Metallic Pigments Market Size, Growth Opportunity 2024 |Top Companies are BASF, …
As per the Global Market Insights, Global metallic pigments market size is projected to hit USD 2.3 billion in annual sales by 2024. Mentioned below are some of the integral factors expected to support developments in metallic pigments market share through 2024. Increasing awareness among people regarding the need to use sustainable, low carbon emission paints and coatings is a major factor supporting developments in metallic pigments market. Aluminum and copper
Pressure Sensitive Tapes and Labels Market Overview with Detailed Analysis, Comp …
The unprecedented growth pace of pressure sensitive tapes and labels market is rather evident from Distell’s recent move towards adoption of pressure sensitive labels, As per news sources, the South Africa based multinational brewing and beverages company- Distell, in April this year, announced partnering with MCC to furnish the re-launch of Esprit in the nation with a conversion from paper to pressure sensitive labels. Official sources claim that switch to
Cosmetic Contact Lenses Market Current Business Trends & Growth Opportunities 20 …
Having garnered a considerable remuneration potential over the recent years, cosmetic contact lenses market has registered its name in the billion dollar business across the overall polymers and advanced materials industry. Back in time, contact lenses were regarded as a way toward an enhanced quality of life without the need for glasses, and despite being regarded as a medical device, the product’s use has seen massive demand from the cosmetic
More Releases for Animal
Animal Model Market trends, Animal Model Market growth, Animal Model Market size …
Key Findings of Animal Model Market Developing Regions to Overpower Developed Ones With Regard to Demand The Asian territory is on the verge of evolving as the next big destination for animal models. This growth can be attributed to various factors such as American and European pharmaceutical companies diversifying their research activities to curtail extra expenses and save costs. Although U.S and Europe have retained their legacy in the global market, their
Animal Parasiticides Market
Animal Parasiticides Market size is set to reach USD 6.5 billion by 2024; according to a new research report by Global Market Insights, Inc. Rising incidences of zoonotic diseases coupled with increasing industrial animal farming will serve as high impact rendering factors for the global animal parasiticides market. Favorable government initiatives should elevate the global animal parasiticide market due to the activities concerning animal welfare activities, resulting in substantial demand for
Advanced Animal Ventilator Market
The Global and China Advanced Animal Ventilator Market Research Report Forecast 2017-2021 is a valuable source of insightful data for business strategists. It provides the Advanced Animal Ventilator industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Advanced Animal Ventilator market study provides comprehensive data which
Animal Pharm Antibiotics in Animal Production 2016
ReportsWorldwide has announced the addition of a new report title Animal Pharm Antibiotics in Animal Production 2016 to its growing collection of premium market research reports. The global market size for antibiotics use in animal production is large and consumption is projected to reach 105 596 tonnes by 2030. However, extensive evidence now reveals the contribution that antibiotic use has made to the development of antibiotic resistance and its resultant consequences
Animal Pharm: Generics
ReportsWorldwide has announced the addition of a new report title Animal Pharm: Generics to its growing collection of premium market research reports. In 2015, the global animal health market was worth an estimated $30bn. This new thoroughly revised and updated Animal Pharm Generics report focuses primarily on the European and North American markets that comprise around 67% of the global market for animal health products. Also fully reviewed are the EU
Global Animal Antibiotics Market - Zoetis, Elanco, Merck Animal Health & Merial
The Market Research Store report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Animal Antibiotics market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who are in need