Global Veterinary Diagnostics Market is Expected to Dominate the with CAGR of 9.6% Over 2024 | Key Players are Abaxis, Henry Schein, and Heska Corporation followed by IDvet, Pfizer, Thermo Fisher Scientific, Virbac, Life Technologies Corporation
This veterinary diagnostics market research report gives wide-ranging analysis of the market structure along with evaluations of the various segments and sub-segments of the market.
Various trustworthy sources such as journals, websites, and annual reports of the companies, white papers, and mergers have been used for assembling data and information mentioned in this report.
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This research study helps the customer understand the various drivers and restraints impacting the market during the forecast period.
The veterinary diagnostics market accounted to USD 2.06 billion in 2016 growing at a CAGR of 9.6% during the forecast to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast to 2024.
Global Veterinary Diagnostics Market segmented By Product Type (Instruments and Consumables);
Technology (Clinical Biochemistry, Urinalysis, Immunodiagnostics, Hematology, and Molecular Diagnostics);
Animal Type (Dogs, Cats, Horses, Cattle, Pigs, and Poultry);
End-Users (Hospitals and Clinics, Reference Laboratories, Universities/Research Institutions);
Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa)- Industry Trends and Forecast to 2024
Major Market Competitors:
Global veterinary diagnostics market is dominated by Abaxis, Henry Schein, and Heska Corporation followed by IDvet, Pfizer, Thermo Fisher Scientific, Virbac, Life Technologies Corporation, Bio-Rad Laboratories, Inc., Mindray Medical International Ltd, VCA Antech, Inc., Zoetis, QIAGEN, and URIT Medical Electronics Co., Ltd. among others.
The veterinary diagnostics market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of veterinary diagnostics market for global, Europe, North America, Asia Pacific, and South America.
Table of Contents
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
9. Industry Type
10.2. North America
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports
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Market Segmentation: Global Veterinary Diagnostics Market
By technology, the market for veterinary diagnostics is segmented into clinical biochemistry, urinalysis, immuno diagnostics, hematology, and molecular diagnostics.
By product type, the veterinary diagnostics market is segmented into instruments and consumables.
By animal type, the segmentation of the market is dogs, cats, horses, cattle, pigs, and poultry. On the basis ofend-users the veterinary diagnostics market is segmented into hospitals and clinics, reference laboratories, universities/research institutions.
On the basis of geography, veterinary diagnostics market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, andBrazil among others. In 2017, North America is expected to dominate the market.
Veterinary diagnostics is an effective method fortreating animal disease through rapid testing or undertaking preventive measures for animal population. It provides testing for infectious agents, toxins, and other.
Major Market Drivers and Restraints:
• Increasing animal population
• Growing pet insurance purchases
• Rising demand for animal-derived food products
• Rising animal health expenditure
• Increasing incidence of zoonotic diseases
• Increasing pet care costs
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