Global Veterinary Molecular Diagnostics Market 2023: Increasing Prevalence of Zoonotic Diseases among Livestock & Companion Animals to Spur Growth

Veterinary molecular diagnostics refers to the use of molecular biology techniques to diagnose diseases in animals. This includes a variety of tests such as polymerase chain reaction (PCR), real-time PCR, and DNA sequencing, which can detect pathogens, genetic mutations, and other disease markers in animals.

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The global veterinary molecular diagnostics market is expected to grow at a significant rate during the forecast period, driven by factors such as increasing demand for early and accurate disease diagnosis, rising prevalence of zoonotic diseases, and growing demand for animal-derived food products.

The market is segmented based on product, application, and end-user. On the basis of product, the market is segmented into reagents and kits, instruments, and software and services. On the basis of application, the market is segmented into infectious diseases, genetic disorders, and others. On the basis of end-user, the market is segmented into veterinary hospitals and clinics, research institutes, and others.

Companies

Cree, Inc.
GE Lighting LLC
Philips Lumiled Lighting Company
OSRAM Light AG
Samsung Groups
Epistar corporation
Toshiba Lighting and Technology Corporation
Verbatim Ltd
Cooper Industries Plc

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The major players operating in the veterinary molecular diagnostics market include IDEXX Laboratories, Inc., Thermo Fisher Scientific, Inc., QIAGEN N.V., Zoetis, Inc., and others. These players have adopted various strategies, such as partnerships, collaborations, and new product launches, to increase their share in the market.

In conclusion, the global veterinary molecular diagnostics market is expected to grow at a significant rate during the forecast period, driven by factors such as increasing demand for early and accurate disease diagnosis, rising prevalence of zoonotic diseases, and growing demand for animal-derived food products. The major players operating in the market are focusing on strategies such as partnerships, collaborations, and new product launches to increase their share in the market.

Analysts' Viewpoint

An extensive analysis of the veterinary molecular diagnostics market has brought our analysts to a conclusion that, the market is growing at a significant pace. Increasing prevalence of zoonotic diseases and rise in animal healthcare expenditure are expected to propel market growth during the forecast period. In addition, continuous efforts by key market players to introduce products that offer reliable results will also help the market grow at a considerable rate. North America and Europe hold a significant share in the global veterinary molecular diagnostics market. However, rise in population in developing countries is resulting in more demand for livestock animals.

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- Table of Content -

Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

2.3. Inclusion and Exclusions

Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation / Development Trends

Market Context

4.1. Product Penetration

4.2. Key Regulations

4.3. Key Competition Mapping

Market Background

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