Veterinary Diagnostics 2017 Global Market Key Players – Pfizer, Merck, Sanofi-Aventis, Bayer HealthCare, Novartis – Analysis and Forecast to 2022

Veterinary Diagnostics Market 2017

Wiseguyreports.Com Adds “Veterinary Diagnostics Market – Demand, Growth, Opportunities, Analysis of Top Key Players and Forecast to 2022” To Its Research Database.

Report Details:

The Global Veterinary Diagnostics Market was valued at USD 2.66 billion in 2015 and is projected to reach USD 3.88 billion by 2020, at a CAGR of 7.78% during the forecast period from 2015 to 2020.

The ever-rising demand for animal protein and stricter regulations concerning food safety will propel the market for diagnostics in animal healthcare. 
Veterinary diagnostic products are as complex as they are difficult to manufacture. Many of the rapid assay, poultry, and livestock diagnostic products are biologic products, which require materials from living organisms. Owing to this, during the economic recession of 2008, the United States faced a decline in consumer spending on pets, which affected the veterinary diagnostics market. The market development for companion animal diagnostics has depended heavily upon the purchasing and usage of in-clinic analyzers or diagnostic instruments that are used for veterinary practices. 

The Top Key Players including;
Pfizer (U.S.)
Merck (U.S.)
Sanofi-Aventis (France)
Bayer HealthCare (Germany)
Virbac (France)
Novartis (Switzerland)
Boehringer Ingelheim (Germany)
Heska Corporation (U.S.)

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Diagnostic technologies, such as lateral flow and other rapid tests are used in veterinary medicine to test commercial livestock and household pets for the presence of a variety of medical conditions to undertake preventative or remedial measures. Food animal diagnostics assist in livestock, production, and animal preventive care while complementing other measures, such as vaccination and selective breeding. 

In the global veterinary diagnostics market, molecular diagnostics represents a growing segment of the market with the laboratory utilization of polymerase chain reaction (PCR) and microarray tests. 

The North American and European veterinary diagnostics markets have huge market shares owing to the increasing companion animal population coupled with the positive trend towards animal healthcare spending. Developing regions in Asia-pacific and Africa are expected to form a new revenue pocket in the market, with India, China and Brazil constituting a majority of market growth over the next decade. 

The global veterinary diagnostics market is segmented by type of products into Enzyme Linked Immuno Sorbent Assay (ELISA), Rapid Immuno Migration (RIM), Diagnostic imaging, and Ultrasound Imaging, among others. The market is additionally segmented by type of animals into companion animals and farm animals. The report also covers the market by geography, studying diagnostics in North America, South America, Asia-Pacific, Middleeast and Africa and, Europe.

Key Deliverables in the Study 
1. Market analysis for the Global Veterinary Diagnostics Market, with region specific assessments and competition analysis on global and regional scales 
2. Market definition along with the identification of key drivers and restraints 
3. Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale 
4. Extensively researched competitive landscape section with profiles of major companies along with their market shares 
5. Identification and analysis of the macro and micro factors that affect the global veterinary diagnostics market on both global and regional scales 
6. A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information 
7. A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market 
8. Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

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Table of Content:

Market Overview and Industry Trends 
Current Market Senario 
Veterinary Diagnostics Overview 
New Developments 
Industry Value chain analysis 
Porter's Five Forces 
Bargaining Power of Suppliers 
Bargaining Power of Consumers 
Threat to new entrants 
Threat to substitute products and services 
Competitive Rivalry within the industry 
Drivers, Restraints, Opportunities, and challenges Analysis

Key Challenges 
Current Opportunities in the Market 
Global Veterinary Diagnostics Market, by Product 
Immunodiagnostic Tests 
Enzyme linked immuno-sorbent assay (ELISA) 
Rapid Immuno Migration (RIM™) 
Agar gel immuno-diffusion (AGID) 
Polymerase Chain Reaction (PCR) 
Imaging Techniques 
Diagnostic Imaging 
Ultrasound Imaging 
MRI Scanning 

Global Veterinary Diagnostics Market, by Animal 
Companion Animals 
Dogs 
Cats 
Horses 
Farm animal 
Cattle 
Swine 
Poultry 
Fish 
Sheep 

Key Vendor Analysis 
Idexx 
Abaxis, Inc 
Thermo Fisher Scientific 
Heska corporation 
VCA Antech 
Henry Schein 
Virbac 
Zoetis 
Biochek 
IDVet 
Pfizer 

Continued….

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