Poultry Diagnostics Market Developments, Future Trends and Forecast till 2028

The most extensively used methods for detecting various types of diseases in poultry are known as poultry diagnostics. Diseases such as Avian Encephalomyelitis, Anemia Virus Infection, Avian Influenza, Egg Drop Syndrome (EDS) Tuberculosis, Flow Cholera, Botulism, Newcastle Disease, and others can be diagnosed and treated using poultry diagnostic methods. Elisa, PCR tests, and various serological tests are examples of diagnostic testing (Agglutination, Haemagglutination Inhibition Test). In the poultry industry, serological testing is most commonly used for diagnostic testing and monitoring of livestock birds. The rising demand of poultry products and growing awareness about poultry diseases are the key drivers for the market growth.

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Industry Dynamics:

Drivers:

- Increasing demand for poultry derived products across the globe is the key driver for the market growth during the forecast period.
- Growing demand for poultry farming due to higher yeild, profits is also expected to spur the market growth.
- Increasing awareness about various poultry diseases.

Restraints:

- However, high cost associated with poultry productions along with dearth of standard operating procedures for poultry management are expected to restrain market growth during the forecast period.

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IMPACT OF COVID-19 ON POULTRY DIAGNOSTICS MARKET:

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. Also, many of diagnostic companies have shifted their emphasis on production of COVID-19 diagnostic kits to gain competitive advantage and to stay in the market which adversely affected the production of poultry diagnostic products during the forecast period.

Top Players:

Thermo Fisher Scientific Inc
IDEXX Laboratories
QIAGEN
GD
IDvet
Boehringer Ingelheim International GmbH
Zoetis
BioNote Inc
BioChek
Devex

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This release was published on openPR.