North America Veterinary Rapid Test Market Segmentation, Future Trends, Growth Overview, Key Companies and Forecast by 2028

The North America Veterinary Rapid Test is expected to grow from US$ 258.39 million in 2021 to US$ 461.52 million by 2028; it is estimated to grow at a CAGR of 8.6% from 2021 to 2028.

The report includes an executive summary, regional economic outlook, and summary sections which provide a consistent analysis of the North America Veterinary Rapid Test Market 2021 - 2028. in addition, the report within the market overview section outlines PLC analysis and PESTLE analysis to provide a thorough analysis of the market. The overview section details Porter's 5 forces analysis that helps to reveal a possible situation of the market by revealing a competitive situation with respect to the North America Veterinary Rapid Test Market.

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North America Veterinary Rapid Test Market -Company Profiles
• HESKA CORPORATION
• IDEXX LABORATORIES, INC.
• Virbac
• Woodley Equipment Company Ltd
• Zoetis Inc.

The leading players of the North America Veterinary Rapid Test industry, their market share, product portfolio, company profiles are covered during this report. Key market players are analyzed on the basis of production volume, gross margin, market value, and price structure. The competitive market scenario among North America Veterinary Rapid Test players will help the industry aspirants in planning their strategies. The statistics presented in this report are an accurate and helpful guide to shaping your business growth.

North America Veterinary Rapid Test Market Segmentation
North America Veterinary Rapid Test Market -By Product
• Rapid Test Kits
• Rapid Test Readers

North America Veterinary Rapid Test Market -By Application
• Viral Diseases
• Bacterial Diseases
• Parasitic Diseases
• Allergies
• Other Applications

North America Veterinary Rapid Test Market -By Animal Type
• Livestock Animals
• Companion Animals

North America Veterinary Rapid Test Market -By Country
• US
• Canada
• Mexico

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The increasing demand for rapid tests and portable instruments, and the use of advanced technologies such as machine learning is offering potential growth opportunities for the veterinary rapid test market. There has been a paradigm shift in veterinary medicine. Artificial intelligence can be used in collecting data to manage a wide range of chronic diseases is offering an opportunity to leverage these platforms for veterinary healthcare. In the last few years, the industry has witnessed a few product launches associated with artificial intelligence.

Many market players have ventured into this field to offer innovative and effective offerings. For instance, IDEXX Laboratories has deployed in-house urinalysis machine SediVue Dx that operates machine learning. In January 2019, the company updated its SediVue Dx with its Neural Network 4.0 software, expanding its diagnostic capabilities. This software update utilizes 175 million veterinary patient-generated images from ~2.5 million patient urine samples. Apart from this, the company also offers VetConnect PLUS that is a cloud-based technology helps veterinarians in accessing patients' data from company's diagnostic modalities.

Moreover, increasing deaths of pets due to chronic diseases is also further offering opportunities for the integration of advanced technologies to enhance diagnostic capabilities. For instance, chronic kidney disease (CKD) is the most frequent cause of deaths in cats; in line with this, many players have come up with advanced solutions to enhance disease diagnosis. All the aforementioned factors will offer several opportunities for the growth of veterinary rapid test market during the forecast period.

The North America veterinary rapid test market is analyzed on the basis of three major countries: the US, Canada, and Mexico. The US holds the largest size of the market owing to factors such as owing to a wide range of effective measures adopted by government animal welfare organizations along with technological advancements, rising incidence of zoonotic diseases, and an increasing number of pet owners. The growth of the market in the country is attributable to growing adoption of dogs, increasing prevalence of diseases, and the growing pet health expenditure. The increase in the number of pet owners and rising concern to maintain the health of pets is prime factor for the market growth.

This analysis report also presents practical and practical case studies to help you get a clearer understanding of the subject. This analysis report has been prepared through industry analysis techniques and presented in a professional manner by including effective information graphics whenever necessary. It helps ensure business stability and rapid development to achieve notable remarks within the North America Veterinary Rapid Test market.

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Table of Contents: North America Veterinary Rapid Test Market 2021 - 2028
Chapter 1: Overview of North America Veterinary Rapid Test
Chapter 2: Regional Market Status and Forecast by Regions
Chapter 3: Regional Market Status and Forecast by Types
Chapter 4: Regional Market Status and Forecast by Downstream Industry
Chapter 5: Market driving correlational analysis
Chapter 6: Market competition status by major makers
Chapter 7: Major manufacturer's introduction and market data
Chapter 8: Upstream and downstream market analysis
Chapter 9: Cost and gross margin analysis
Chapter 10: Marketing status analysis
Chapter 11: Market report conclusion
Chapter 12: Research methodology and reference

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