Press release
Companion Animal Diagnostics Market Size and Highest Growth During 2027 - Top Companies Zoetis, Virbac, Randox Laboratories, Idvet, Heska, Fujifilm and Skyla
Companion Animal Diagnostics Market
Based on technology, the global companion animal diagnostics market is segmented into immunodiagnostics, clinical biochemistry, hematology, urinalysis, molecular diagnostics, and others. The immunodiagnostics segment is further sub-segmented into lateral flow assays, Elisa tests, allergen-specific immunodiagnostic tests, and immunoassay analyzers. Whereas the clinical biochemistry is sub-segmented into clinical chemistry analysis, glucose monitoring, and blood gas electrolyte analysis.
The immunodiagnostics segment held a largest share of the market in 2019. However, the clinical biochemistry segment is estimated to register a higher CAGR during the forecast period owing to increasing adoption of clinical chemistry analysis, glucose monitoring, and blood gas electrolyte analysis products.
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Key Players Influencing the Market:
1. Zoetis Inc.
2. Thermo Fisher Scientific Inc.
3. Virbac
4. Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
5. Randox Laboratories, Ltd.
6. Idvet
7. IDEXX Laboratories, Inc.
8. Heska Corporation
9. Fujifilm Corporation
10. Skyla Corporation
The companion animal diagnostics market is expected to grow owing to factors such as growing prevalence of chronic diseases in pet animals and increasing adoption of pets for companionship. However, increasing pet care costs and extended pet lifespan are likely to restrain the growth of the market during the forecast period.
The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Companion Animal Diagnostics Market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the Companion Animal Diagnostics Market segments and regions.
Scope of the study:
The research on the Companion Animal Diagnostics Market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor's methodologies. The research also segments the Companion Animal Diagnostics Market on the basis of end user, product type, application, and demography for the forecast period 2020-2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.
The report segments global companion animal diagnostics Market as follows:
By Technology
Immunodiagnostics
Clinical Biochemistry
Blood Gas Electrolyte Analysis
Hematology
Urinalysis
Molecular Diagnostics
Others
By Application
Bacteriology
Clinical Pathology
Virology
Parasitology
Others
By Animal Type
Dogs
Cats
Horses
Others
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What our report offers:
Learn about the driving factors, affecting the market growth.
Imbibe the advancements and progress in the market during the forecast period.
Understand where the market opportunities lies.
Compare and evaluate various options affecting the market.
Pick up on the leading market players within the market.
Envision the restrictions and restrains that are likely to hamper the market.
Contact Us:
The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: www.theinsightpartners.com
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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