Companion Animal Diagnostics Market Growth and Status Explored In A New Research Report 2020-2025 | Leading Competitors - IDEXX, Zoetis, Thermo Fisher, Virbac, Heska, Neogen, IDvet

Global Companion Animal Diagnostics Market Synopsis:

The exclusive research report on the Global Companion Animal Diagnostics Market 2020-2025 examines the market in detail along with focusing on significant market dynamics for the key players operating in the market. Global Companion Animal Diagnostics Industry research report offers granulated yet in-depth analysis of revenue share, market segments, revenue estimates and various regions across the globe.

Most important key factors driving the growth of the Global Companion Animal Diagnostics Market are rapid growth in the companion animal population, increasing demand for pet insurance, increasing number of veterinary practitioners in developed economies and growing demand for rapid tests and portable instruments for point-of-care services. As per the Banfield Pet Hospital's State of Pet Health Report, canine diabetes had increased by 40% and feline diabetes had increased by 20% from 2011 to 2017. Moreover, rising number of pet owners indicating increased adoption of companion animals is anticipated to drive the overall revenue growth.

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Significant points in table of contents: Market Definition, Market Overview, Business Introduction, Segmentation (Region Level), Segmentation (Type Level), Segmentation (Industry Level), Segmentation (Channel Level), Market Forecast Year, Segmentation Type, Segmentation Industry, Market Cost Analysis, and Conclusion. The Companion Animal Diagnostics Market is segmented based on Product, source, application and Regions. On the basis of product, the market is sub-segmented.

Regionally, North America is expected to account for the largest share of the Companion Animal Diagnostics Market in 2019, followed by Europe. Factors such as the increasing adoption of companion animals, growing pet insurance industry, rising veterinary healthcare expenditure, and the growing number of veterinary practices are expected to drive the Companion Animal Diagnostics Market in North America. The US is the largest market for companion animal diagnostics in the North American region, primarily due to the large and growing companion animal population in the country.

Top Major Key Players in the Global Companion Animal Diagnostics Market:

1 IDEXX Laboratories

2 Zoetis

3 Thermo Fisher Scientific

4 Virbac

5 Heska Corporation

6 Neogen Corporation

7 bioM�rieux SA

8 IDvet

9 INDICAL Bioscience GmbH

10 Randox Laboratories and More...................

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Product Type Segmentation

1 Clinical Biochemistry

2 Urinalysis

3 Immunodiagnostic

4 Hematology

5 Molecular Diagnostics

Industry Segmentation

1 Clinical Pathology

2 Bacteriology

3 Parasitology

Global Medical Industry News:

IDEXX Laboratories (April 20, 2020) - IDEXX Makes Pet Test for COVID-19 Virus Available to Veterinarians - IDEXX Laboratories, Inc., a global leader in veterinary diagnostics and software, today announced the availability of the IDEXX SARS-CoV-2 (COVID-19) RealPCR Test for pets. IDEXX is launching the test in response to customer demand and growing evidence that in rare cases pets living with COVID-19 positive humans can be at risk for SARS-CoV-2 infection. The test will be available to veterinarians in North America this week and will continue to roll out across most of the world in the coming weeks, enabled by IDEXX Reference Laboratories, the company's worldwide network of more than 80 laboratories.

"We have continued to monitor the rapidly evolving public health crisis worldwide, paying special attention to the effects on pets," said Jay Mazelsky, President and Chief Executive Officer of IDEXX Laboratories. "While there is currently no evidence that dogs or cats play a role in transmitting the disease to humans, it became clear offering the test was the right thing to do when we saw clinical evidence that pets--especially cats and ferrets--can in rare cases be at risk for infection. And, we heard from our customers around the globe that veterinarians needed a testing option."

IDEXX's guidance, aligned with that of medical experts, is that veterinarians order the IDEXX SARS-CoV-2 (COVID-19) RealPCR Test after consultation with a public health authority (for example, a state public health veterinarian in the United States) and three specific criteria are met:

1 Pet is living in a household with a human who has COVID-19 or has tested positive for the virus

2 Pet has already been tested for more common infections, that a veterinarian has ruled out

3 Pet (especially cats and ferrets) is showing clinical signs consistent with COVID-19

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Major Points in Table of Contents:

Global Companion Animal Diagnostics Market Report 2020

1 Companion Animal Diagnostics Product Definition

2 Global Companion Animal Diagnostics Market Manufacturer Share and Market Overview

2.1 Global Manufacturer Companion Animal Diagnostics Shipments

2.2 Global Manufacturer Companion Animal Diagnostics Business Revenue

2.3 Global Companion Animal Diagnostics Market Overview

2.4 COVID-19 Impact on Companion Animal Diagnostics Industry

3 Manufacturer Companion Animal Diagnostics Business Introduction

3.1 IDEXX Laboratories Companion Animal Diagnostics Business Introduction

3.2 Zoetis Companion Animal Diagnostics Business Introduction

3.3 Thermo Fisher Scientific Companion Animal Diagnostics Business Introduction

3.4 Virbac Companion Animal Diagnostics Business Introduction

3.5 Heska Corporation Companion Animal Diagnostics Business Introduction

3.6 Neogen Corporation Companion Animal Diagnostics Business Introduction

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