Press release
Swine Diagnostic Testing Market Opportunities and Forecasts, 2017 – 2025
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Growing consumption of pork meat is expected to be the prime factor driving the growth of global swine diagnostic testing market. According to National Pork Producers Council, estimated the pork production to reach US$ 23.4 Bn in 2016. Infectious disease outbreaks in and incidence of zoonotic diseases and advancement in animal diagnostic industry are some other factors driving growth of swine diagnostic testing market. Performance of swine diagnostics market is primarily determined by prevalence of infectious food animal diseases across the globe. However, the global market for swine diagnostic testing is expected to be deter by limited number of products available on the market.
The global market for perfusion bioreactors is segmented on basis of product type, sample type, end user and geography:
Segmentation by Product Type
Immunoassays (ELISA) Kits
PCR Kits
Others
Segmentation by Sample Type
Nasal Swab
Oral Fluids
Tissue Samples
Blood
Bronchoalveolar fluid
Cervical Swab and Semen
Urine and Feces
Segmentation by End User
Veterinary Hospitals
Veterinary Clinics
Based on product type, immunoassay kits segment is expected to contribute maximum share in global swine diagnostic testing market due to easy availability of test reagents. Newly introduced PCR assay kits are gaining popularity in mature markets such as the U.S. and Europe owing to ease-of-use. By sample type, oral fluids and blood samples are most common practices for swine diagnostic testing, across the globe.
On the basis of regional presence, global swine diagnostic testing market is segmented into five key regions viz. North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is expected to lead the global market primarily due to growing pork meat consumption and pork export. According to United States International Trade Commission 10% of global pork production in 2013. Europe is expected to be the second largest market for swine diagnostic testing market. Asia pacific swine diagnostic testing market is expected to witness considerable growth over the forecast period due to increasing demand for diagnostic test kits in animal health industries of India and China owing to growing pork meat consumption. According to USDA data, China witnessed highest pork meat consumption of 90.1 lbs per person in 2015, which is approximately 36% higher than that in the U.S.
Some of the players operating in global swine diagnostic testing market are Elanco (Eli Lilly & Co.), Merck Sharp & Dohme Corp. (Merck & Co. Inc.), Qiagen N.V. etc.
The report covers exhaustive analysis on:
Swine Diagnostic Testing Market Segments
Swine Diagnostic Testing Market Dynamics
Historical Actual Market Size, 2013 - 2015
Swine Diagnostic Testing Market Size & Forecast 2016 to 2024
Swine Diagnostic Testing Market Current Trends/Issues/Challenges
Competition & Companies involved
Swine Diagnostic Testing Market Drivers and Restraints
Regional analysis includes
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
Report Highlights:
Shifting Industry dynamics
In-depth market segmentation
Historical, current and projected industry size Recent industry trends
Key Competition landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance
To view complete report @ http://www.persistencemarketresearch.com/market-research/swine-diagnostic-testing-market.asp
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Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
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