Global Companion Animal Diagnostic Market Trends, Size, Competitive Analysis and Forecast - 2019-2025

The global companion animal diagnostics market is expected to show considerable growth during the forecast period owing to the rising adoption of companion animals and need to prevent them from zoonotic disorders. Data from the American Pet Products Association shows that the number of households with a companion animal has increased from 79.7 million to 84.6 million from the year 2016 to 2018. Companion animals become members of the family both in developed and emerging markets and due to this, a wide range of products and services for these animals to live longer and healthy lives is highly in demand. The factor driving the companion animal diagnostic market is growing companion animal population, rising demand for pet insurance, and the growing number of veterinary practitioners in emerging economies. The other factors contributing to the growth of the market include advances in animal health medicines and vaccines. However, the factor restraining the growth of the market is increasing pet care costs globally.

Request a free sample of our report on Global Companion Animal Diagnostic Market: https://www.omrglobal.com/request-sample/companion-animal-diagnostics-market

There are various diagnostic tests that can be performed to determine the cause of a pet’s disorder. The diagnostic test includes immunodiagnostics, hematology, diagnostic imaging, clinical chemistry, serology, cytology, and molecular diagnostics. These diagnostic test kits are commercially available across the globe. The diagnostic test kits can be used on a regular basis to test for diseases such as heartworm disease, feline leukemia virus infection, Lyme disease, and many others. The market is segmented on the basis of the regions that include North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America holds the significant market share owing to the presence of market leaders such as Thermofisher Scientific, Inc., IDEXX Laboratories and Zoetis Inc. Moreover, the Asia-Pacific region is expected to grow owing to the rapidly growing demand for point-of-care companion animal diagnostic products in the region such as China, South Korea, Japan, and Vietnam. Furthermore, the region is expected to grow owing to the growing number of veterinary hospitals and clinics, increasing the adoption of companion animals and increasing awareness about their health.

A full report of Global Companion Animal Diagnostic Market Is available at https://www.omrglobal.com/industry-reports/companion-animal-diagnostics-market

Global Companion Animal Diagnostic Market Segmentation

By Test
• Diagnostic Imaging
• Hematology
• Serology
• Cytology
• Clinical Chemistry
• Immunodiagnostics
• Molecular Diagnostics
• Other

Regional Analysis
• North America
o US
o Canada

• Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe

• Asia-Pacific
o China
o India
o Japan
o Rest of Asia-Pacific

• Rest of the World

Company Profiles
• Alvedia
• Aquila Diagnostics Systems, Inc.
• Bayer AG
• BioMérieux SA
• Biovet, Inc.
• Henry Schein, Inc.
• Heska Corp.
• IDEXX Laboratories, Inc.
• IDvet
• INDICAL BIOSCIENCE GmbH

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/companion-animal-diagnostics-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

About Us:
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting, and other research-based services.

For More Information, Visit
https://www.omrglobal.com/

This release was published on openPR.