Bovine Mastitis Drugs And Diagnostics Market Provides In-Depth Analysis of the Industry, With Current Trends and Future Estimations (2020-2023)

The Business Research Company offers "Bovine Mastitis Drugs And Diagnostics Global Market Report 2020" 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 bovine mastitis drugs and diagnostics market reached a value of nearly $1,508.7 million in 2019, having increased at a compound annual growth rate (CAGR) of 4.5% since 2015. The market is expected to decline from $1,508.7 million in 2019 to $1,322.5 million in 2020 at a rate of -12.3%. The decline is mainly due to lockdown and social distancing norms imposed by various countries and economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 4.6% from 2021 ad reach $1,864.9 million in 2023. The market is expected to reach $2,046.0 million by 2025, and $2,705.0 million by 2030.

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The bovine mastitis drugs and diagnostics market include investing in the developing nanoparticles as substitutes of conventional drugs, focusing on the research and development of innovative mastitis diagnostic kits, focusing on the development of innovative biosensors to improve bovine mastitis diagnosis, focusing on the development of non-antibiotic therapy, and integrating machine learning.

Growth in the historic period resulted from prevalence of bovine mastitis, increased spending on cattle, and rise in milk consumption. Factors that negatively affected growth in the historic period were shortages of veterinarians, and lack of awareness. Going forward, economic growth, increasing public spending, and technological advances will drive the growth.

Bovine Mastitis Drugs And Diagnostics Market Segmentation:
By Type
1. CMT Kits
2. PCR Testing
3. On-Farm Diagnostic Kits
4. Others

By End Use
1. Hospitals And Clinics
2. Veterinary Centers
3. Others

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Few Points From Table Of Content
1. Executive Summary
2. Bovine Mastitis Drugs And Diagnostics Market Characteristics
3. Bovine Mastitis Drugs And Diagnostics Market Size And Growth
4. Bovine Mastitis Drugs And Diagnostics Market Segmentation
5. Bovine Mastitis Drugs And Diagnostics Market Regional And Country Analysis
……
25. Bovine Mastitis Drugs And Diagnostics Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Bovine Mastitis Drugs And Diagnostics Market
27. Bovine Mastitis Drugs And Diagnostics Market Trends And Strategies
28. Bovine Mastitis Drugs And Diagnostics Market Future Outlook and Potential Analysis
29. Appendix

The report covers the trends and market dynamics of the bovine mastitis drugs and diagnostics 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 bovine mastitis drugs and diagnostics market are Zoetis Inc., Elanco Animal Health, Boehringer Ingelheim International GmbH, Bayer AG, Merck and Co., Inc.

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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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