openPR Logo
Press release

Veterinary Molecular Diagnostics Market Value to Reach US$ 1.1 Bn by 2031, Transparency Market Research, Inc.

03-19-2024 08:03 AM CET | Health & Medicine

Press release from: Transparency Market Research

Veterinary Molecular Diagnostics

Veterinary Molecular Diagnostics

The global ๐ฏ๐ž๐ญ๐ž๐ซ๐ข๐ง๐š๐ซ๐ฒ ๐ฆ๐จ๐ฅ๐ž๐œ๐ฎ๐ฅ๐š๐ซ ๐๐ข๐š๐ ๐ง๐จ๐ฌ๐ญ๐ข๐œ๐ฌ ๐ฆ๐š๐ซ๐ค๐ž๐ญ was valued at US$ 543.9 million in 2022 and is projected to grow at a CAGR of 7.9% from 2023 to 2031, reaching US$ 1.1 billion by 2031.

Analysts attribute this growth to increased pet ownership and the prevalence of vector-borne diseases. Additionally, the surge in research and development activities, coupled with the introduction of new veterinary molecular diagnostic methods and technological advancements, is driving market demand.

To enhance their market positions, vendors are prioritizing research and development efforts and exploring collaborations with other industry players. They are also focusing on developing innovative analyzers that streamline workflow and eliminate manual steps, ensuring consistent and clinically actionable results for veterinarians.

๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐…:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=42437&utm_source=OpenPR&utm_campaign=MansiR_OpenPR

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ญ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ข๐จ๐ง

Molecular diagnostics are crucial laboratory methods for identifying diseases in animals by examining RNA, DNA, or proteins. They play a vital role in diagnosing vector-borne diseases, respiratory pathogens, and diarrhea pathogens in both companion and livestock animals.

Various technologies such as conventional PCR, singleplex PCR, multiplex PCR, and real-time PCR are used for veterinary molecular diagnosis, aiding in the detection of bacterial, viral, fungal, and parasitic infections.

While conventional laboratory diagnostics rely on techniques like neutralization and ELISA, advancements have led to the adoption of new molecular techniques like Western blot and PCR, driving the demand for veterinary molecular diagnostics globally.

Despite steady adoption of conventional methods, the rise of new molecular techniques, along with improved immunoassays and biosensors, is expected to fuel growth in the veterinary molecular diagnostics industry.

๐Œ๐š๐ฃ๐จ๐ซ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

IDEXX Laboratories, Inc., Thermo Fisher Scientific, Inc., Zoetis, Inc., Neogen Corporation, bioMรฉrieux SA, QIAGEN N.V., Biomedica Medizinprodukte GmbH, Bioneer, Mars, Incorporated, and Innovative Diagnostics

๐‘๐ข๐ฌ๐ž ๐ข๐ง ๐๐ซ๐ž๐ฏ๐š๐ฅ๐ž๐ง๐œ๐ž ๐จ๐Ÿ ๐•๐ž๐œ๐ญ๐จ๐ซ-๐›๐จ๐ซ๐ง๐ž ๐ƒ๐ข๐ฌ๐ž๐š๐ฌ๐ž๐ฌ ๐ƒ๐ซ๐ข๐ฏ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ซ๐จ๐ ๐ซ๐ž๐ฌ๐ฌ

Vector-borne diseases are on the rise in dogs and cats globally, transmitted by various pathogens including viruses, bacteria, protozoa, and helminths. This trend poses significant threats and economic losses due to emerging or re-emerging diseases.

According to the World Health Organization, vector-borne diseases contribute to over 17% of infectious diseases, resulting in more than 700,000 deaths yearly.

The veterinary molecular diagnostics market is poised for growth, driven by advancements in diagnostic techniques and groundbreaking discoveries in animal health. Progress in detecting and managing diseases among animals will further propel market expansion.

Technological advancements and increased investments are driving innovations in veterinary molecular diagnostics. These developments are crucial for detecting new pathogens and enhancing food security in developing countries like India and China.

Adoption rates of veterinary molecular diagnostic techniques are rising, particularly in livestock management, aided by new vaccines and genomic approaches. Progress in DNA sequencing platforms and data analysis is also contributing to market growth.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

Product Type

Instruments & Software
Kits & Reagents
Services

Technology

Conventional PCR
Singleplex PCR
Multiplex PCR
Real-time PCR
Others

Disease Type

Vector-borne Diseases
Respiratory Pathogens
Diarrhea Pathogens
Others

Animal Type

Companion Animal
Livestock Animal

End-user

Hospitals/Clinics
Reference Laboratories

๐Š๐ž๐ฒ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ:

Inย January 2024,ย IDEXX Laboratories, Inc. launched the IDEXX inVue Dx Cellular Analyzer, a first-of-its-kind slide-free cellular analyzer to detect the most common cytologic changes found in ear and blood samples

Inย January 2024,ย Zoetis Inc. announced the expansion of its multi-application diagnostics platform, Vetscan Imagyst, to include AI Urine Sediment analysis. The new application enables accurate, in-clinic sediment analysis of fresh urine, allowing clinicians to make treatment decisions quickly.

๐‘๐ž๐ ๐ข๐จ๐ง๐ฌ ๐‚๐จ๐ฏ๐ž๐ซ๐ž๐:

North America(USA, Canada and Mexico)
Europe(UK, Germany, France and the Rest of Europe)
Asia Pacific(China, Japan, India, and the Rest of the Asia Pacific region)
South America(Brazil, Argentina and the Rest of South America)
Middle East and Africa(GCC and Rest of the Middle East and Africa)

๐€๐œ๐ช๐ฎ๐ข๐ซ๐ž ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ๐๐š๐ฒ:
https://www.transparencymarketresearch.com/checkout.php?rep_id=42437<ype=S&utm_source=OpenPR&utm_campaign=MansiR_OpenPR

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

Adoption of point-of-care molecular diagnostic devices for rapid testing.
Integration of artificial intelligence and machine learning in veterinary diagnostics.
Collaboration between veterinary diagnostics companies and academic institutions for research and development.

๐…๐ฎ๐ญ๐ฎ๐ซ๐ž ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:

The veterinary molecular diagnostics market is poised for continued growth, driven by technological advancements, increasing pet ownership, and a growing emphasis on preventive healthcare for animals. Market players are expected to focus on expanding their product portfolios and geographical presence to capitalize on emerging opportunities.

๐Š๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ญ๐ฎ๐๐ฒ ๐๐จ๐ข๐ง๐ญ๐ฌ:

Market size and forecast analysis.
Competitive landscape assessment.
Regulatory landscape overview.
Technological advancements and innovations in molecular diagnostics.
Consumer behavior and purchasing trends in veterinary diagnostics.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐Œ๐จ๐ซ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐“๐Œ๐‘:

๐๐„๐„๐Š ๐ƒ๐ž๐ง๐ญ๐š๐ฅ ๐ˆ๐ฆ๐ฉ๐ฅ๐š๐ง๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ- https://www.globenewswire.com/news-release/2023/02/15/2608968/0/en/PEEK-Dental-Implants-Market-Value-to-Surpass-US-84-9-Million-by-2031-Transparency-Market-Research-Inc.html

๐ƒ๐”๐• ๐‹๐ข๐ญ๐ก๐จ๐ ๐ซ๐š๐ฉ๐ก๐ฒ ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ- https://www.globenewswire.com/news-release/2023/02/15/2608722/0/en/DUV-Lithography-Systems-Market-Estimated-to-Reach-Revenue-of-US-12-3-Billion-by-End-of-2031-Transparency-Market-Research-Inc.html

ย 

๐€๐›๐จ๐ฎ๐ญ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก

Transparency Market Research, a globalย market research companyย registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:

Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website:ย https://www.transparencymarketresearch.comย ย ย ย  ย  ย 
Email:ย sales@transparencymarketresearch.com
Follow Us:ย LinkedIn|ย Twitter|ย Blogย |ย YouTube

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Veterinary Molecular Diagnostics Market Value to Reach US$ 1.1 Bn by 2031, Transparency Market Research, Inc. here

News-ID: 3435503 • Views: โ€ฆ

More Releases from Transparency Market Research

Gas Compressor Market Outlook 2036: Global Industry Expected to Reach US$ 41.0 Billion by 2036 at 5.3% CAGR
Gas Compressor Market Outlook 2036: Global Industry Expected to Reach US$ 41.0 B โ€ฆ
The global gas compressor market was valued at US$ 23.2 Bn in 2025 and is projected to reach US$ 41.0 Bn by 2036, expanding at a compound annual growth rate (CAGR) of 5.3% from 2026 to 2036. This steady growth trajectory reflects the structural importance of gas compression systems across upstream, midstream, and downstream gas value chains. Rising natural gas consumption, expansion of pipeline and LNG infrastructure, and national energyโ€ฆ
Anesthesia Drugs Market to be Worth USD 12.6 Bn by 2036 - By Drug / By Application | U.S. โ€ข Germany โ€ข China โ€ข India
Anesthesia Drugs Market to be Worth USD 12.6 Bn by 2036 - By Drug / By Applicati โ€ฆ
The global anesthesia drugs market was valued at US$ 7.6 billion in 2025 and is projected to reach US$ 12.6 billion by 2036, expanding at a compound annual growth rate (CAGR) of 4.7% from 2026 to 2036. This steady growth trajectory reflects the essential and non-substitutable role of anesthesia drugs in modern healthcare systems. As surgical interventions continue to rise globally-across both elective and emergency procedures-the demand for safe, effective,โ€ฆ
Single-Atom Catalysts Market Size is Expected to Expand from US$ 177.8 Million to US$ 1,000.2 Million by 2036 at a 17.0% CAGR
Single-Atom Catalysts Market Size is Expected to Expand from US$ 177.8 Million t โ€ฆ
The global single-atom catalysts (SACs) market is poised for remarkable growth as industries seek highly efficient, cost-effective, and sustainable catalytic solutions. Valued at US$ 177.8 million in 2025, the market is projected to reach US$ 1,000.2 million by 2036, expanding at a robust compound annual growth rate (CAGR) of 17.0% from 2026 to 2036. This rapid expansion reflects the growing importance of advanced catalysis in energy, chemicals, environmental protection, andโ€ฆ
Non-specific Endonuclease Market to Reach USD 726.6 Million by 2036, Supported by Biopharma Growth
Non-specific Endonuclease Market to Reach USD 726.6 Million by 2036, Supported b โ€ฆ
The non-specific endonuclease market is witnessing steady growth, driven by the expanding use of molecular biology tools across biotechnology, pharmaceuticals, diagnostics, and academic research. Non-specific endonucleases are enzymes that cleave nucleic acids without requiring a specific recognition sequence, making them highly valuable for applications such as DNA/RNA degradation, sample preparation, viscosity reduction, and contamination control. Their broad activity profile differentiates them from restriction enzymes and enables versatile usage across multipleโ€ฆ

All 5 Releases


More Releases for PCR

Emerging Trends to Reshape the Global Real-Time PCR, Digital PCR And End-Point P โ€ฆ
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. Real-Time PCR, Digital PCR And End-Point PCR Market Size Valuation Forecast: What Will the Market Be Worth by 2025? The market encompassing real-time PCR, digital PCR, and end-point PCR has experienced robust expansion over the past few years, projecting a rise from $38.37 billion in 2024 to $41.55 billionโ€ฆ
Role Of Real-Time Rt-Pcr In Accelerating Covid-19 Diagnosis And Driving Pcr And โ€ฆ
The PCR And Realtime PCR Testing Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories]. What Is the Current PCR And Realtime PCR Testing Market Size and Its Estimated Growth Rate? The PCR and real-time PCR testing market has grown strongly, rising from $10.55 billion in 2024โ€ฆ
Role Of Real-Time Rt-Pcr In Accelerating Covid-19 Diagnosis And Driving Pcr And โ€ฆ
How Will the PCR And Realtime PCR Testing Market Grow, and What Is the Projected Market Size? There has been a significant growth in the market size of PCR and realtime PCR testing in the last few years. Its size is expected to increase from $10.55 billion in 2024 to $11.21 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 6.3%. The growth observed in the historic period isโ€ฆ
Role Of Real-Time Rt-Pcr In Accelerating Covid-19 Diagnosis And Driving Pcr And โ€ฆ
How Will the PCR And Realtime PCR Testing Market Grow, and What Is the Projected Market Size? There has been a significant growth in the market size of PCR and realtime PCR testing in the last few years. Its size is expected to increase from $10.55 billion in 2024 to $11.21 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 6.3%. The growth observed in the historic period isโ€ฆ
Q-PCR and D-PCR Devices Market: Revolutionizing Molecular Diagnostics
The Q-PCR and D-PCR devices market has experienced significant growth in recent years, driven by advancements in molecular biology and the increasing demand for accurate and sensitive diagnostic tools. These technologies have revolutionized the field of molecular diagnostics, enabling researchers and clinicians to detect and quantify specific DNA or RNA sequences with high precision. Market Size and Growth The global Q-PCR and D-PCR devices market is estimated to be worth billions ofโ€ฆ
Real-Time PCR, Digital PCR And End-Point PCR Global Market Analysis, Trends, Gro โ€ฆ
The new report published by The Business Research Company, titled "Real-Time PCR, Digital PCR And End-Point PCR Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends. As per the report, the real-time pcr, digital pcr and end-point pcr market size has grown stronglyโ€ฆ