Veterinary Infectious Diseases Diagnostics Market Size, Growth, In-depth Analysis, Research Report Forecast up to 2027: Zoetis Services LLC and IDEXX Laboratories Inc. are key players.

Veterinary Infectious Diseases Diagnostics Market is expected to grow at a CAGR of 8.86% to reach a market size worth US$4.286 billion by 2027.

The prime factors propelling the growth of the veterinary infectious diseases diagnostics market are the advancement in veterinary disease diagnostic technology and the rise in the prevalence and spread of infections and diseases among animals.

Veterinary infectious diseases diagnostics is expected to grow robustly over the projected period.

The rising prevalence rates of various veterinary diseases such as rabies, hardpad disease, colony collapse disorder, and several others are generating a high demand for veterinary infectious diseases diagnostics services due to many bacterial, viral, and parasitic species in the environment. In addition, the lack of good hygiene practices among animals results in the spread of illnesses and health issues. Consequently, most of the pet and livestock-owning population are developing a routine veterinary infectious disease diagnostics check routine to monitor animal health and prevent the spread of disease, which is expected to contribute to the growth of the veterinary infectious diseases diagnostics market over the forecast period.

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The veterinary infectious diseases diagnostics market has been segmented into technology type, pathogen type, animal type, end-user, and geography.

By technology type, the segmentation has been into molecular diagnostics, immunodiagnostics, urinalysis, hematology, and others. The molecular diagnostics sector is anticipated to expand over the forecast period due to the demand for effective test procedures and results across different diagnostic labs and veterinary clinics. In addition, the rise in the complexity of diseases and advancement in genomic technology is promoting the consumption of molecular diagnostic solutions to facilitate the detection and classify variants in genomes.

Based on pathogen type, the division has been done into viruses, bacteria, and parasites. The market has been segmented by animal type into companion animals and livestock. Further, the companion animal division has been subdivided into cats, dogs, horses, and others, whereas the livestock division has been grouped into cattle, swine, sheep, and others. The livestock segment is expected to grow substantially over the forecast period due to the rise in fatal diseases among livestock animals fueled by the lack of proper hygiene practices. As a result of the lack of hygiene standards, bacteria, and parasites flourish in the water sources and water bowls consumed by the livestock animals, which further infects their food with parasites. Livestock animals are a necessary economic and agricultural force driving sustainable development in several nations as they offer food security and alleviate poverty. However, approximately one farm animal in five succumbs to serious infectious diseases, which has the potential to affect consumers worldwide since the majority of the world population is dependent on meat and dairy. The quality of such products can suffer from the spread of infections and diseases among livestock. Therefore, the critical importance of livestock to nations across the world will contribute to the development of veterinary infectious diseases diagnostics in the livestock sector.

Depending on end-users, the classification has been done into diagnostics laboratories, veterinary clinics, and research centers. Diagnostics and veterinary services are becoming increasingly necessary to reduce the risk of developing acute diseases among animals. Therefore, the rise in the launch and acquisition of diagnostic centers by leading corporations is anticipated to increase the market share of diagnostics laboratories over the forecast period. For instance, Lacuna Diagnostics was acquired by Heska Corporation to enhance its digital cytology technology and increase the range of its telemedicine product and services in January 2021. In addition, Heska Corporation also purchased VetZ GmbH, an international company involved in providing specialty veterinary diagnostic services, in 2022.

By region, North America is expected to retain a considerable market share due to the critical importance placed by North American countries on animal care services and the growing adoption rates of pets in the US. For example, the Insurance Research Council revealed that approximately 30% of the US population chose to adopt pet animals during the pandemic. In addition, the AmerisourceBergen Corporation estimated that veterinary diagnostic services such as wellness checks, heartworm testing, and senior wellness bloodwork witnessed prominent growth since the end of 2020.

The major players covered in the report are IDEXX Laboratories Inc., Zoetis Services LLC, Heska Corporation, MEGACOR Diagnostik GmbH, Demeditec Diagnostics GmbH, DRG INSTRUMENTS GMBH, Chembio Diagnostic Systems, Inc., Virbac, Thermo Fisher Scientific, Inc., and BioMerieux, Inc.

This veterinary infectious diseases diagnostics market has been analyzed into the following segments:

• By Technology Type

o Immunodiagnostics
o Molecular Diagnostics
o Hematology
o Urinalysis
o Others

• By Pathogen Type

o Virus
o Bacteria
o Parasite

• By Animal Type

o Companion Animal

• Cats
• Dogs
• Horse
• Others

o Livestock

• Cattle
• Swine
• Sheep
• Others

• By End-User

o Diagnostics Laboratories
o Veterinary Clinics
o Research Centers

• By Geography

o North America

• United States
• Canada
• Mexico

o South America

• Brazil
• Argentina
• Others

o Europe

• United Kingdom
• Germany
• France
• Spain
• Others

o Middle East and Africa

• UAE
• Israel
• Saudi Arabia
• Others

o Asia Pacific

• Japan
• China
• India
• South Korea
• Thailand
• Taiwan
• Indonesia
• Others

Related Reports:

• Veterinary Vaccines Market: https://www.knowledge-sourcing.com/report/veterinary-vaccines-market

• Global Poultry Vaccine Market: https://www.knowledge-sourcing.com/report/global-poultry-vaccine-market

• Meat And Poultry Testing Market: https://www.knowledge-sourcing.com/report/meat-and-poultry-testing-market

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