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Veterinary Diagnostics Market 2020-2026 Going to Acquire Bigger Piece of Industry || Leading Players – Zoetis, Covetrus, IDvet, Pfizer Inc., Bio-Rad Laboratories Inc., Virbac, Mindray DS USA Inc., VCA Inc.

12-31-2020 03:22 PM CET | Health & Medicine

Press release from: Data Bridge Market Research Pvt. Ltd.

A transparent research method has been accomplished with the right tools and techniques to make this Veterinary Diagnostics Market research report world-class. Two of the most widely used techniques namely SWOT analysis and Porter’s Five Forces Analysis have been used while generating this report. Competitive analysis conducted in this report puts light on the moves of the key players in the Healthcare industry such as new product launches, expansions, agreements, joint ventures, partnerships & recent acquisitions. Veterinary Diagnostics Market research report adoption plays an essential role for the business growth as it supports with the better decision making, enhancing revenue generation, prioritizing market goals and results in profitable business.

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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.

Few of the major market competitors currently working in the global veterinary diagnostics market are IDEXX, Abaxis, NEOGEN CORPORATION, bioMérieux SA, Randox Laboratories Ltd., QIAGEN, Thermo Fisher Scientific, 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, Alvedia and ACON Laboratories Inc. among others.

Read Complete Details with TOC Here https://www.databridgemarketresearch.com/toc?dbmr=global-veterinary-diagnostics-market

Report Highlights:

Shifting Industry dynamics
In-depth Veterinary Diagnostics Market segmentation
Historical, current and projected industry size Recent industry trends
Key Competition landscape
Strategies for key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance
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.

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
Segmentation: Global Veterinary Diagnostics Market

Veterinary Diagnostics Market : By Product

Instruments
Consumables
Veterinary Diagnostics Market : By Technology

Immunodiagnostics
Clinical Biochemistry
Molecular Diagnostics
Hematology
Urinalysis
Others
Veterinary Diagnostics Market : By Animal Type

Companion Animals
Livestock Animals
Veterinary Diagnostics Market : By End Users

Reference Laboratories
Veterinary Hospitals and Clinics
Point-of-Care/In-House Testing
Research Institutes and Universities
Veterinary Diagnostics Market : By Geography

North America
South America
Europe
Asia-Pacific
Middle East and Africa
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.
Report range:

The report offers Veterinary Diagnostics Market share appraisals for regional and global levels
To gain detailed overview of parent market
Information about key drivers, restraints, opportunities, and their impact analysis on the Veterinary Diagnostics Market size has been provided.
The study provides an in-depth analysis of the global Veterinary Diagnostics Market and current & future trends to elucidate imminent investment pockets.
Identify growth segments and opportunities in the industry
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About Data Bridge Market Research:

Data Bridge Market Research is a versatile market research and consulting firm with over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Our coverage of industries include Medical Devices, Pharmaceuticals, Biotechnology, Semiconductors, Machinery, Information and Communication Technology, Automobiles and Automotive, Chemical and Material, Packaging, Food and Beverages, Cosmetics, Specialty Chemicals, Fast Moving Consumer Goods, Robotics, among many others.

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