Press release
What's driving the Companion Animal Diagnostics Market trends? Zoetis Inc., Fujifilm Corporation, Thermo Fisher Scientific Inc, Virbac, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Randox Laboratories, Ltd., Idvet, Idexx Laboratories, Inc., Heska C
Companion Animal Diagnostics Market
The companion animal diagnostics market was valued at US$ 2,031.62 Mn in 2019 and is projected to reach US$ 2,684.86 Mn by 2027; it is expected to grow at a CAGR of 4.1% from 2020 to 2027.
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Companion Animal Diagnostics Market - Company Profiles
o Zoetis Inc.
o Thermo Fisher Scientific Inc
o Virbac
o Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
o Randox Laboratories, Ltd.
o Idvet
o Idexx Laboratories, Inc.
o Heska Corporation
o Fujifilm Corporation
o Skyla Corporation
Growing prevalence of chronic diseases in pet animals and increasing adoption of pets for companionship are the major factors driving the growth of the companion animal diagnostics market. However, increasing pet care costs and extended pet lifespanare expected to restrain the growth of the market during the forecast period. The companion animal diagnostics market offerings deal with the epidemiology and pathogenesis of domestic animals and facilitate the prevention of further complications with the health of pets and their owners.
The global companion animal diagnosticsmarket is segmented intotechnology, animal type, application, and end user.Based on technology,the companion animal diagnosticsmarketis further segmented intoimmunodiagnostics, clinical biochemistry, hematology, urinalysis, molecular diagnostics, and others. The immunodiagnosticssegment held alargestshare of the market in 2019.
However, the clinical biochemistrysegment is anticipated to register ahigherCAGR in the market during the forecast period. Based on application, the market is subsegmented into bacteriology, clinical pathology, virology, parasitology, and others. The clinical pathology segment held the largest share of the market in 2019 and also is estimated to register the highest CAGR in the market during the forecast period.
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Based on animal type, the market is segmented into dogs, cats, horses, and others. The dogs segment held the largest share of the market in 2019 and also is estimated to register the highest CAGR in the market during the forecast period.Based on end user, the companion animal diagnostics market is further segmented intodiagnostic laboratories, veterinary hospitals and clinics, and research institutes and universities.
The diagnostic laboratoriessegment held the largest share of the market in 2019and is also projected to registerthe fastest growth during the forecast period. A few essential primary and secondary sources included in the report areAnimal & Plant Health Agency,American Veterinary Medical Association, and Canadian Centre for Veterinary Biologics.
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
2. Companion Animal Diagnostic Market - Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Global Companion Animal Diagnostics Market- Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 Asia Pacific
4.2.4 Middle East & Africa
4.2.5 South & Central America
4.3 Expert Opinion
5. Global Companion Animal Diagnostics Market- Key Market Dynamics
6. Companion Animal Diagnostics Market- Global Analysis
6.1 Global Companion Animal Diagnostics Market Revenue Forecast And Analysis
6.2 Global Companion Animal Diagnostics Market, By Geography - Forecast And Analysis
6.3 Market Positioning of Key Players
7. Companion Animal Diagnostics Market Analysis - By Technology
8. Companion Animal Diagnostics Market Analysis - By Application
9. Companion Animal Diagnostics Market Analysis - By Animal Type
10. Companion Animal Diagnostics Market Analysis - By End User
11. Companion Animal Diagnostics Market- Geographic Analysis
12. Impact of COVID-19 Pandemic On Global Companion Animal Diagnostics Market
13. Companion Animal Diagnostics Market -Industry Landscape
14. Companion Animal Diagnostics Market - Company Profiles
14.1 Zoetis Inc.
14.2 Thermo Fisher Scientific Inc
14.3 Virbac
14.4 Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
14.5 Randox Laboratories, Ltd.
14.6 Idvet
14.7 Idexx Laboratories, Inc.
14.8 Heska Corporation
14.9 Fujifilm Corporation
14.10 Skyla Corporation
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