Livestock Diagnostics Market Worth $1.85 billion by 2027 at a CAGR of 7.8% From 2019 to 2027
Meticulous Research®– leading global market research company published a research report titled “Livestock Diagnostics Market by Product (Consumables, Systems, Software), Technology (Immunodiagnostics, Molecular Diagnostics), Animal Type (Ruminants, Poultry, Swine), End User (Reference Lab, Veterinary Hospital and Clinic, POC) - Forecast to 2027”.Download a Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5085
According to this latest publication from Meticulous Research®, the livestock diagnostics market is expected to grow at a CAGR of 7.8% between 2019-2027 to reach $1.85 billion by 2027. The high growth of livestock diagnostics market is mainly attributed to the rising demand for livestock derived food products, rising prevalence of food borne and zoonotic diseases, favorable government initiatives, and advancements in the veterinary diagnostics field.
The overall livestock diagnostics market study presents historical market data in terms of value (2017 and 2018), estimated current data (2019), and forecasts for 2027 - by product [consumables (by diseases - bovine viral diarrhea (BVD), influenza, foot and mouth diseases (FMD), and other diseases), systems, software], technology [immunodiagnostics (including ELISA tests and other immunodiagnostic tests), molecular diagnostics (including polymerase chain reaction, and other molecular diagnostic tests), and other technologies], animal type [ruminants, poultry, swine, and other animals (including equine and fish)], end user [veterinary hospitals and clinics, reference lab, point of care). The study also evaluates industry competitors and analyzes the market at regional and country level.
On the basis of product, the consumables segment accounted for the largest share of the overall livestock diagnostics market in 2019. This segment is projected to grow at the fastest CAGR during the forecast period. The commercial availability of diverse range of reagents and consumables for the diagnosis of various diseases and animal health screening; their expenses being recurrent in nature; and growing awareness leading to its frequent use are some of the key factors propelling the growth of this product segment. Moreover, emergence of various POC tests and assays serves as significant opportunity for the players operating in the livestock diagnostic consumables market.
Request for a Premium Sample Report @ https://www.meticulousresearch.com/request-sample-report/cp_id=5085
On the basis of technology, ELISA technology-based tests accounted for the largest share of the overall livestock diagnostics market in 2019 and expected to register the fastest growth during 2019-2027. Some of the key factors fueling the growth of this segment are continuous development of new biomarkers, cost benefit, high accuracy and sensitivity, and growing adoption of automated platforms for ELISA.
On the basis of animal type, the overall livestock diagnostics market is segmented into ruminants, swine, poultry, and other animals. In 2019, ruminants segment dominated the overall livestock diagnostics market. This is mainly attributed to the availability of wide number of commercialized diagnostic products for all types of ruminants, prevalence of various infectious diseases in ruminants, growing consumption of food products derived from cattle and goats, and initiatives & schemes undertaken by the governments for improving the health of these animals.
Geographic Review:
This research report analyzes major geographies and provides comprehensive analysis for North America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain, and Rest of Europe), Asia-Pacific (Japan, China, India, and RoAPAC), Latin America, and the Middle East & Africa. North America commanded the largest share of the global livestock diagnostics market in 2019, followed by Europe and Asia Pacific. Increasing awareness for animal disease diagnosis, and increased spending on farm animals is accelerating the livestock diagnostics market in the North American region. However, Asia Pacific region is expected to grow at the highest CAGR during the forecast period due to large population of livestock animals, rising incidence of various diseases in animals, and growing veterinary expenditure in this region.
Speak to Our Expert Analyst @ https://www.meticulousresearch.com/speak-to-analyst/cp_id=5085
Key Players:
The key players operating in the global livestock diagnostics market are IDEXX Laboratories, Inc. (U.S.), Zoetis Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.), bioMérieux S.A. (France), Qiagen N.V. (Netherlands), Agrolabo Spa (Italy), Neogen Corporation (U.S.), IDvet (France), and GD Animal Health (Netherlands) among others.
Office Address
Asia-Pacific
Office No-202, 203,204,205,206;
2nd Floor, Pushpak Business Hub,
Wakad, Pimpri-Chinchwad,
411057, India.
About Meticulous Research®
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.
This release was published on openPR.
Permanent link to this press release:
Copy
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 Livestock Diagnostics Market Worth $1.85 billion by 2027 at a CAGR of 7.8% From 2019 to 2027 here
News-ID: 2108663 • Views: …
More Releases from Meticulous Research®
Meticulous Research® Unveils In-Depth Analysis of European EV Batteries Market
[Redding, California, 26-03-2024] - Meticulous Research®, a premier market research firm, announces the publication of its latest report titled "Europe EV Batteries Market: Type, Capacity, Bonding Type, Form, Application, End User, and Country - Forecast to 2029." This comprehensive study delves into the multifaceted dynamics shaping the burgeoning European electric vehicle (EV) batteries market.
Anticipated to surge at an impressive Compound Annual Growth Rate (CAGR) of 45.8% from 2022, the European…
Meticulous Research® Unveils Comprehensive Analysis of North America EV Batteri …
[Redding, California, 26-03-2024]- Meticulous Research®, a globally recognized leader in market research, announces the release of its latest report titled "The North America EV Batteries Market: Type, Capacity, Bonding Type, Form, Application, End User, and Country-Forecast to 2028." This extensive study offers profound insights into the dynamics shaping the rapidly evolving landscape of electric vehicle (EV) batteries across North America.
Projected to surge at a remarkable Compound Annual Growth Rate (CAGR)…
Meticulous Research® Forecasts Robust Growth in Europe's Electric Vehicle Marke …
[Redding, California , 26-03-2024]- Meticulous Research®, a renowned leader in global market research, has unveiled its latest comprehensive study titled "Europe Electric Vehicle Market," delving into the evolving landscape of electric mobility across the region. This pioneering report provides an in-depth analysis of various facets of the European electric vehicle (EV) market, including vehicle types, propulsion methods, power output, charging standards, and country-specific dynamics.
The European EV market is poised for…
Meticulous Research® Unveils Exclusive Insights: Nepal's In-Vitro Diagnostics M …
[Redding, California,22-03-2024] - Meticulous Research®, a trusted provider of market intelligence and advisory services, has released its latest report forecasting the trajectory of Nepal's In-Vitro Diagnostics (IVD) Market. Titled "Nepal IVD Market By Product (Kits, Instruments, Software), Technology (Immunoassay, Hematology, Coagulation, Diabetes, Molecular), Application (Infectious Diseases, Cardiology, Oncology), and Customer Type (Hospital, Diagnostic Lab, Home Care) - Forecast to 2029", the report anticipates a robust growth trajectory, projecting the market…
More Releases for Diagnostics
Covid-19 Diagnostic Market is Booming Worldwide By Top Key Players: Abbott Diagn …
LOS ANGELES, United States: QY Research has recently published a research report titled, “Global and China Covid-19 Diagnostic Market Size, Status and Forecast 2020-2026". This report has been prepared by experienced and knowledgeable market analysts and researchers. It is a phenomenal compilation of important studies that explore the competitive landscape, segmentation, geographical expansion, and revenue, production, and consumption growth of the global Covid-19 Diagnostic market. Players can use the accurate…
What are the Growth Drivers of Covid-19 Diagnostic Market? BD Diagnostics, Abbot …
Market Study Report LLC recently added a new title on 2020-2025 Global Covid-19 Diagnostic Market Report from its database. The report provides study with in-depth overview, describing about the Product, market size, share, Industry Scope and elaborates market outlook and status to 2025.
The Covid-19 Diagnostic market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact…
North America Autoimmune Disease Diagnostics Market (2020-2026) | Abbott Laborat …
According to the Graphical Research new growth forecast report titled "North America Autoimmune Disease Diagnostics Market Value By Product (Systemic Autoimmune Disease {Rheumatoid Arthritis, Ankylosing Spondylitis, Systemic Lupus Erythematosus}, Localized Autoimmune Disease), Industry Analysis Report, Regional Outlook (U.S., Canada)", Estimated To Exceed USD 6.5 Billion By 2026. Autoimmune diagnostic procedures have increased demand for instruments and services for rapid and effective outcomes. Rising adoption of lab automation technology will foster…
Covid-19 Diagnostic Market Overall Study Report 2020-2026 | Abbott Diagnostics, …
This report focuses on Covid-19 Diagnostic volume and value at global level, regional level and company level. From a global perspective, this report represents overall Covid-19 Diagnostic market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
Get Free Sample PDF Copy at https://www.reportsnreports.com/contacts/requestsample.aspx?name=3095138.
Top Key Players in the Global Covid-19 Diagnostic Market Include: -
o Abbott Diagnostics
o …
Global Allergy Diagnostics Market 2020 Lincoln Diagnostics, Hitachi Chemical Dia …
Global Allergy Diagnostics Industry Competitive Analysis - Forecast and Historical Market Analysis by Key Market Segments
The research report on the global Allergy Diagnostics market encompasses a wide-scope analysis of various macro economic and micro economic factors affecting the industry performance on a regional and global level. The research report offers a detailed outline of the industry chain components including suppliers, customers, manufacturers, and distributors. Moreover, the report intends to offer…
Healthcare , Sepsis Diagnostics Market report, Sepsis Diagnostics Market size, S …
An insightful study, titled “Sepsis Diagnostics Market” has been freshly broadcasted to the vast research repository of FACT.MR. This research study provides detailed comprehensions and forecasts future growth of the global market with an in-depth study of the factors impacting revenue growth throughout the mentioned forecast period. Further, a deep analysis on the major players from diverse regions is also present in the report.
Get Sample Copy of this Report @…