MMR delivers a report for the Veterinary Diagnostics Market, encompassing multiple segments that pertain to general business data and industry future trends, all backed by meticulous assessment and analysis. Employing both primary and secondary data, the researcher has utilized top-down and bottom-up approaches to forecast data for the specified timeframe (2023-2029). This research methodology has been employed to scrutinize the global Veterinary Diagnostics demand, and these findings have been systematically documented within this report.
Veterinary Diagnostics Market Growth :
Veterinary Diagnostics Market size was valued at USD 2.95 Bn. in 2022 and the total Veterinary Diagnostics revenue is expected to grow by 9.5% from 2023 to 2029, reaching nearly USD 5.58 Bn.
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Veterinary Diagnostics Market Segmentation:
Global Veterinary Diagnostics Market, by Product (2022-2029)
• Consumables, Reagents & Kits
• Instruments & Devices
Global Veterinary Diagnostics Market, by Species (2022-2029)
• Cattle
• Canine
• Feline
• Caprine
• Equine
• Ovine
• Porcine
• Avian
• Others
Global Veterinary Diagnostics Market, by Testing Type (2022-2029)
• Analytical Services
• Diagnostic Imaging
• Bacteriology
• Pathology
• Molecular Diagnostics
• Immunoassays
• Parasitology
• Serology
• Virology
Because it offers a wide range of service options, such as multiple lab tests, imaging, and specialised diagnostics, the Pathology Testing Type segment dominated the market by testing type in 2022 with a CAGR and is anticipated to maintain its dominance at the conclusion of the forecast period. It comprises diagnostics for histopathology and immune histochemistry, which are used to identify alterations in animal tissues brought on by illness or other disorders. The cells may be taken from animal biopsy samples, which are then processed and provided to pathologists for additional evaluation using cutting-edge technology and specialised Hematoxylin and Eosin (H&E) staining. The distemper virus, adenovirus, and other infectious diseases can all be detected using immunohistochemistry in both small and large animals.
Global Veterinary Diagnostics Market, by Disease Type (2022-2029)
• Infectious Diseases
• Non-Infectious Diseases
• Hereditary, Congenital, and Acquired Diseases
• General Ailments
• Structural and Functional Diseases
Global Veterinary Diagnostics Market, by End-use (2022-2029)
• Laboratories
• Veterinary Hospitals and Clinics
• Point-Of-Care/In-House Testing
• Research Institutes and Universities
By conclusion-Use, the Laboratories segment accounted for approximately in 2022 and is anticipated to continue to dominate the market at the conclusion of the forecast period. A vital part of any monitoring or control programme is laboratory diagnostics. These elements, which support national disease eradication and control programmes and the majority of countries maintain a national laboratory for testing for transboundary animal diseases (TADs), are propelling the segment's expansion. To assure the validity of test results, numerous federal and state laboratories are developing quality assurance programmes. In order to respond to TAD introductions and to provide the surveillance programmes necessary to detect disease introductions and confirm disease freedom, veterinary services rely on the diagnostic capabilities of the laboratory system.
Veterinary Diagnostics Market Report Scope and Research Methodology
In the Veterinary Diagnostics report, the projection period spans from 2023 to 2029, with the base year being 2022. The research encompasses a comprehensive examination of the Veterinary Diagnostics industry, along with a thorough market segmentation analysis. Historical market dynamics are also analyzed within the report, facilitating clients in drawing parallels between past trends and current market situations, while also spotlighting the contributions of key players. The competitive landscape section delves into various growth strategies pursued by prominent players. The updates featured in this section provide insightful perspectives across different phases, enabling stakeholders to stay abreast of industry developments and participate in economic dialogues. The competitive scenario encompasses press releases and news from companies engaged in activities such as M&A, agreements, collaborations & partnerships, new product launches & development, investments & funding, as well as awards, recognition, & expansions.
Veterinary Diagnostics Key players:
• Thermo Fisher Scientific Inc (US) • Abaxis Inc (US) • IDVet(France) • Bionote, Inc.(US) • Idexx Laboratories Inc(US) • Neogen Corp (US) • Merck(US) • Heska Corporation(US) • BioChek(US) • Precision Biosensor, Inc.(US) • Zoetis (US) • IncIm3 Inc (US) • VCA Antech (US) • Henry Schein Inc. (US) • SKYER, Inc.(US) •Covetrus (US) • Randox Laboratories Ltd.(UK) • Biopanda Reagents (UK) • IM3Vet Pty Ltd.(Australia) • bioMérieux SA (France) • Virbac Corp (France) • Alvedia(France) • Shenzhen Bioeasy Biotechnology Co., Ltd (China) •INDICAL BIOSCIENCE GmbH (Germany) • Fassisi GmbH ( Germany) • QIAGEN N.V.(Germany) • Qiagen N.V(Germany)
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Veterinary Diagnostics Market Regional Insights
The different section on regional segmentation gives the regional aspects of the global Veterinary Diagnostics Market. This chapter describes the regulatory landscape that is expected to impact the market. It highlights the political landscape in the market and forecasts its influence on the Veterinary Diagnostics market globally. The presence and availability of global brands with the challenges they confront due to severe competition from local and domestic brands, the impact of domestic tariffs, and trade channels, are all taken into account. The Veterinary Diagnostics report covers the five regions and their country-wise distribution are:
North America - (U.S., Canada, and Mexico)
Europe - (U.K., Germany, France, Spain, Italy, Sweden, CIS Countries, and Rest of Europe)
Asia Pacific - (China, India, Japan, South Korea, Australia, ASEAN, and Rest of APAC)
Middle East & Africa - (South Africa, GCC Countries, Nigeria, Egypt, and Rest of ME&A)
South America - (Brazil, Argentina, Colombia, and Rest of South America)
Key Offerings:
- Market Overview
- Market Share
- Market Size
- Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by segments, sub-segments and region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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