Veterinary Infectious Disease Diagnostics Market to reach $2.40 Billion by 2026 | 8.3% CAGR

The global "Veterinary Infectious Disease Diagnostics Market" was valued at $1,271 million in 2018 and is expected to reach $2,404 million by 2026, registering a CAGR of 8.3% from 2019 to 2026.

The veterinary infectious disease diagnostics market refers to the industry involved in the development, production, and distribution of diagnostic tests and technologies specifically designed for detecting and diagnosing infectious diseases in animals. These diagnostics play a crucial role in identifying and managing infectious diseases in veterinary medicine.

The market for veterinary infectious disease diagnostics has been growing steadily due to several factors. One of the main drivers is the increasing incidence of infectious diseases in animals, including livestock, companion animals, and wildlife. The spread of infectious diseases poses a significant threat to animal health, welfare, and productivity, thereby driving the demand for accurate and timely diagnostic tools.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭@ https://www.alliedmarketresearch.com/request-sample/6462

Increase in ownership of companion animals and increase in spending on animal health are the major factors driving the growth of the global veterinary infectious disease diagnostics market. For example, diagnosing animal diseases requires a large amount of funds. The number of customers willing to spend more and willing for such services has increased. On the contrary, rising awareness related to animal healthcare across the globe is expected to provide lucrative opportunities for market expansion over the forecast period.

Europe is expected to grow at the highest rate during the forecast period due to increasing awareness among owners about animal health. Additionally, presence of majority of major players in Europe is driving the market growth in this region.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 (𝟐𝟎𝟎 𝐏𝐚𝐠𝐞𝐬 𝐏𝐃𝐅 𝐰𝐢𝐭𝐡 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐂𝐡𝐚𝐫𝐭𝐬, 𝐓𝐚𝐛𝐥𝐞𝐬,𝐅𝐢𝐠𝐮𝐫𝐞𝐬): https://www.alliedmarketresearch.com/checkout-final/7d6f7ba11160e1fb2a3ebfa6ad33f804

The immunodiagnostics segment accounted for the largest share of the veterinary infectious diseases market in 2018. Moreover, the segment is expected to grow at the fastest rate during the forecast period due to factors such as increase in infectious diseases in animals. Moreover, other factors contributing to the growth of the market include increase in animal healthcare costs.

Veterinary Infectious Disease Diagnostics Market Key Players:

The global Veterinary Infectious Disease Diagnostics market is highly competitive and major market players have adopted various strategies to capture maximum Veterinary Infectious Disease Diagnostics market share. These include collaborations, product launches, partnerships and acquisitions. Key players operating in the market include Biomarix SA, HESKA Corporation, IDEXX Laboratories, Inc., ID.Vet, Neogen Corporation, Qiagen N.V., Randox Laboratories Ltd, Thermo Fisher Scientific Inc, Virbac and Zoetis.

𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲@ https://www.alliedmarketresearch.com/purchase-enquiry/6462

𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐢𝐧 𝐇𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:

X-Ray Detector Market: https://www.alliedmarketresearch.com/x-ray-detectors-market

Drug Discovery Informatics Market: https://www.alliedmarketresearch.com/drug-discovery-informatics-market-A07074

𝐂𝐨𝐧𝐭𝐚𝐜𝐭:

David Correa
5933 NE Win Sivers Drive
205, Portland, OR 97220
United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com

𝐀𝐛𝐨𝐮𝐭 𝐮𝐬:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.