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Companion Animal Diagnostics Market 2021: Global Industry Analysis Report to 2027
Companion Animal Diagnostics Market
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In developed and emerging economies companion animals have become members of the family and due to this, a wide range of products and services for these animals to live longer and healthy lives is highly in demand. There are several diagnostic tests that are available and can be performed to determine the cause of a pet’s disorder. The diagnostic test including immunodiagnostics, hematology, diagnostic imaging, clinical chemistry, serology, cytology, and molecular diagnostics are among the major diagnostics tests. The diagnostic test kits that can be used on a regular basis to test for diseases such as heartworm disease, feline leukemia virus infection, Lyme disease, and many others are commercially available across the globe.
According to the report of the Banfield Pet Hospital’s State of Pet Health Report, in the US pets canine diabetes had increased by 40% and feline diabetes had increased by 20% from 2011 to 2017. Therefore, increasing population of companion animal is increasing the demand for companion animal diagnostics for the diagnosis of various acute and chronic diseases in the companion animals. Increasing demand for Point of Care Diagnostics (POCD) is anticipated to further propel the growth of the companion animal diagnostics market as it offers fast results of the clinical tests and can be accessed directly to reduce the diagnosis tests.
A Full Report of Global Companion Animal Diagnostics Market is Available at: https://www.omrglobal.com/industry-reports/companion-animal-diagnostics-market
Market players including Zoetis Inc., Heska Corp., Randox Laboratories, Ltd., Virbac Corp., Biovet, Inc., Aquila Diagnostics Systems, Inc., and IDEXX Laboratories, Inc. are focusing on new product launches to gain more revenue share. For instance in February 2018, Idexx developed the Canine Progesterone Test for Catalyst One and Catalyst Dx analyzers. In 2018, Zoetis Inc. introduced a new diagnostic device called CarystaHVC, designed to perform a number of diagnostic tests. Such product launch is expected to contribute to the growth of the market in the near future.
Global Companion Animal Diagnostics Market- Segmentation
By Test
Diagnostic Imaging
Hematology
Serology
Cytology
Clinical Chemistry
Immunodiagnostics
Molecular Diagnostics
Other
Global Companion Animal Diagnostics Market- Regions
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Latin America
Middle East & Africa
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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.
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