Poultry Diagnostics Market Size to Reach US$ 791.2 Million by 2028 | Industry CAGR of 10.2%

IMARC Group, a leading market research company, has recently releases report titled, "Poultry Diagnostics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", The study provides a detailed analysis of the industry, including the global poultry diagnostics market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the poultry diagnostics market?

According to the report, The global poultry diagnostics market size reached US$ 441.8 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 791.2 Million by 2028, exhibiting a growth rate (CAGR) of 10.2% during 2023-2028.

What is poultry diagnostics?

Poultry diagnostics is used to identify various diseases in birds, such as avian polyomavirus (AI), west Nile virus, and poxvirus infections. It involves the systematic examination of body organs through various techniques, such as clinical assessment and molecular diagnostic testing, to provide appropriate treatment. It also includes quality testing of different feed ingredients like fish meal, meat meal, and ground-nut cake for preventing food infectivity and improving production efficiency.  As a result, it is gaining immense traction among farmers as poultry diagnostics helps ensure proper growth, increases production, and assists poultry dealers in making herd management decisions by identifying different pathogens.

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What are the growth prospects and trends in the poultry diagnostics industry?

The increasing number of poultry farms is resulting in the rising prevalence of infectious diseases, such as chronic respiratory disease (CRD), infectious bronchitis (IB), chicken anemia (CA), and newcastle disease (ND). This represents one of the key factors positively influencing the market. Rapid detection and diagnostics decrease further transmission, reduce costs, and help eradicate, eliminate, and control foodborne pathogens using natural antimicrobials. In addition, the increasing global population and the escalating demand for poultry-derived food products, such as eggs and meat, due to the rising awareness among people about the health benefits of consuming poultry is providing a thrust to the market growth. Furthermore, active support from governmental and non-governmental organizations (NGOs) in various countries to prevent the spread of zoonotic diseases is positively influencing the market. In addition, the implementation of stringent health and food safety regulations by regulatory authorities and improvement in laboratory testing of human and animal health to detect and respond to emerging health threats effectively is strengthening the market growth. In addition, the integration of advanced technologies, such as artificial intelligence (AI) and big data analytics, for real-time analysis tools that utilize audio and visual components and assess poultry health is creating a favorable market outlook. Moreover, the introduction of enzyme-linked immunosorbent assay (ELISA) to detect antibodies or antigens in chickens is offering lucrative growth opportunities for manufacturers to develop better testing tools for diagnostics. Apart from this, the increasing use of poultry feathers in composites, electronic devices, nano- and micro-particles, and tissue engineering scaffolds is catalyzing the demand for poultry diagnostics. Besides this, leading players are extensively investing in research and development (R&D) activities to introduce advanced tools and imaging for better diagnosis. They are also focusing on incorporating biosensors, wearable sensors, and robot vehicle surveillance to monitor the health of birds, which is expected to drive the market.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Disease Type:
Avian Influenza
Avian Salmonellosis
Avian Mycoplasmosis
Infectious Bronchitis
Infectious Bursal Disease
Newcastle Disease
Chicken Anemia
Others

Breakup by Test Type:
ELISA test
PCR Test
Others

Breakup by Service:
Bacteriology
Parasitology
Virology

Breakup by Region:
North America
Asia-Pacific
Europe
Latin America
Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

AgroBioTek Laboratories
BioChek BV
Bionote Co. Ltd.
Boehringer Ingelheim International GmbH
IDEXX Laboratories Inc.
MEGACOR Diagnostik GmbH
QIAGEN N.V
Royal GD
Thermo Fisher Scientific Inc.
Zoetis Inc.

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