DBMR Provides Detailed Report On Veterinary Diagnostics Market 2020-2026 || Top Players - IDEXX, Abaxis, NEOGEN CORPORATION, QIAGEN, Thermo Fisher Scientific, Heska Corporation, Zoetis, Covetrus, IDvet, Pfizer, BPC Biosed srl

The market insights and analysis included in this Veterinary Diagnostics Market research report are based upon SWOT analysis that businesses can believe assertively. This market study presents actionable market insights with which sustainable & money-spinning business strategies can be created. The report provides comprehensive explanation of market definition, market segmentation, competitive analysis and key developments in the Healthcare industry. Global Veterinary Diagnostics Market research report is framed with the most excellent and sophisticated tools of collecting, recording, estimating and analysing market data. The report makes businesses focus on the more important aspects of the market.

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A large scale Veterinary Diagnostics Market report gives information about historic data, present market trends, environment, technological innovation, forthcoming technologies and the technical progress in the related industry. All this market data aids Healthcare industry to take better steps to get their strategies better to trade goods and services. Market information, facts, and statistics of this document lead to an actionable ideas, improved decision-making and better deciding business strategies. The report makes available in detail information about market analysis, market definition, market segmentation, key development areas, competitive analysis and research methodology. Competitive intelligence included in this Veterinary Diagnostics Market report is also one of the important aspects that assists businesses top the market.

Global veterinary diagnostics market is registering a substantial CAGR of 8.76% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. The rise in the market can be attributed due to factors such as increasing awareness about animal healthcare, and increase in the number of veterinary practitioners drives the market growth.

Key Market Competitors Covered in the report :

IDEXX
Abaxis
NEOGEN CORPORATION
bioMérieux SA
Randox Laboratories Ltd.
QIAGEN
Thermo Fisher Scientific Inc.
Heska Corporation
Zoetis
Covetrus
IDvet
Pfizer Inc.
Bio-Rad Laboratories Inc
Virbac
Mindray DS USA Inc
VCA Inc.
URIT MEDICAL ELECTRONIC CO. LTD.
BPC Biosed srl
HORIBA Ltd.
FUJIFILM Corporation
ACON Laboratories, Inc.

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Market Definition : Global Veterinary Diagnostics Market

Veterinary diagnostics refers to the test which determines the various disorders related to animals. These tests are done by taking feces, blood and tissue samples of animals. The innovations in the medical field which had been developed for veterinary diagnostics help determine the cause of the disease, so that proper treatment methods can be utilized for its treatment. The methods used in veterinary diagnostics are immunodiagnostics, molecular testing, hematology and clinical chemistry.

Scope of the Veterinary Diagnostics Market :

Veterinary diagnostics market is segmented on the basis of countries into U.S., Canada, Mexico in North America, Brazil, Argentina, Rest of South America as a part of South America, Germany, France, U.K., Italy, Spain, Netherlands, Belgium, Russia, Turkey, Switzerland, Rest of Europe in Europe, China, Japan, India, Australia, Singapore, Thailand, Malaysia, South Korea, Indonesia, Philippines, Rest of Asia-Pacific (APAC)as a part of Asia-Pacific (APAC), U.A.E, Egypt, Saudi Arabia, South Africa, Israel,  Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

All country based analysis of the veterinary diagnostics market is further analyzed based on maximum granularity into further segmentation. On the basis of product, the market is segmented into instruments and consumables. Based on technology, the market is segmented into immunodiagnostics, clinical biochemistry, molecular diagnostics, hematology, urinalysis, others. Based on animal type, the market is segmented into companion animals and livestock animals. The end-users covered for the report are reference laboratories, veterinary hospitals and clinics, point-of-care/in-house testing, research institutes & universities.

Veterinary diagnostics is a type of test that is used in determining the animal disorders by taking their blood and tissue samples that will help in the utilization of proper treatment method. Veterinary diagnostics used in various methods such as molecular testing, immunodiagnostics, hematology and clinical chemistry.   

Veterinary Diagnostics Market Drivers :

The companion animal population has surged which  is driving the growth of the market

The rising prevalence of animal zoonotic diseases is propelling the growth of the market

Surging demand for animal-derived food products is fueling the growth of the market

Increasing demand for pet insurance and growing animal health expenditure is boosting the growth of the market

The number of veterinary practitioners and income levels have increased in the developed economies is contributing to the growth of the market

Key Developments in the Veterinary Diagnostics Market :

In June 2018, Pathway Vet Alliance has entered into a strategic partnership with Heska Corporation. It will enable the company to provide in-house operational services like a point of care blood diagnostics and allergy testing. This alliance will strengthen the company in terms of accuracy, precision, speed and ease to use.

In May 2018, Zoetis has announced that it has acquired Abaxis which has enhanced the company’s market share in veterinary diagnostics. The acquisition will enable the company to accelerate the sales of its product in more than 100 countries which will increase the revenue of the company.

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