Press release
Veterinary Diagnostic Equipment Market Size, Historical Growth, Analysis, Opportunities and Forecast to 2030| IDEXX Laboratories, ABAXIS, HESKA Corporation, Zoetis, Virbac
The Business Research Company offers “Veterinary Diagnostic Equipment Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.The global veterinary diagnostic equipment market is expected to decline from $1 billion in 2019 to $0.8 billion in 2020 at a compound annual growth rate (CAGR) of -18%. The decline is mainly because of worldwide supply and demand mismatches of resources due to the COVID-19 outbreak. There is an inadequate production of veterinary medical equipment due to the restrictions imposed by governments of various countries to shutdown factories or function with minimal staffing to contain the spread of virus and keep the staff safe. The market is then expected to recover and grow at a CAGR of 6.8% from 2021 and reach $1.2 billion in 2023.
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The veterinary diagnostic equipment market consists of sales of veterinary diagnostic equipment and related services. Veterinary diagnostic equipment assists the veterinary practitioners in determining and identifying various disorders in animals. Veterinary diagnostic equipment industry includes companies that manufacture diagnostic equipment such as clinical thermometers, diagnostic lights, X-ray equipment, and certain diagnostic test kits.
The veterinary diagnostic equipment is highly expensive. The price of an equipment will be the significant expense for a veterinary clinic or hospital. To run a test center with blood testing machines, physiological monitors such as ECGs, anesthetic monitors etc.,
Veterinary Diagnostic Equipment Market Segmentation:
By Product:
1.Hematology
2.Immunodiagnostics
3.Clinical Chemistry
4. Molecular Testing.
By End Users:
1.Hospitals and Clinics
2.Reference Laboratories
3.Universities/Research Centers
4.Point-of-Care/In-House Testing.
By Animal :
1.Livestock Cattle
2. Domestic Pets.
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Few Points From Table Of Content
1. Executive Summary
2. Veterinary Diagnostic Equipment Market Characteristics
3. Veterinary Diagnostic Equipment Market Size And Growth
4. Veterinary Diagnostic Equipment Market Segmentation
5. Veterinary Diagnostic Equipment Market Regional And Country Analysis
……
26. Key Mergers And Acquisitions In The Veterinary Diagnostic Equipment Market
27. Veterinary Diagnostic Equipment Market Trends And Strategies
28. Veterinary Diagnostic Equipment Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the Veterinary Diagnostic Equipment Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the Veterinary Diagnostic Equipment Market are IDEXX Laboratories, ABAXIS, HESKA Corporation, Zoetis, Virbac
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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