Veterinary Diagnostics Market Analysis Report By Market Data Forecast 2023
agnostics Market - Segmented By Product, Animals, And Region - Global Growth, Trends, And Forecast -2023
(EMAILWIRE.COM, October 16, 2018 ) According to the report Global Veterinary Diagnostics Market, published by Market Data Forecast, the global market is projected to reach USD 6178.34 Million by 2023, at a CAGR of 8.6% from 2018 to 2023.
Diagnostics provide tools for effective and rapid testing to undertake preventative or remedial measures for the health of the animal population. For instance, lateral flow and other rapid tests are used in veterinary medicine to test commercial livestock (large animals - cows, poultry, sheep, pigs, etc.) and household pets (cats, dogs, etc.) to test for the presence of a variety of medical conditions caused by bacteria, viruses, allergies, and fertility issues. Food animal diagnostics assist in livestock and production animal preventive care and complement other measures such as vaccination and selective breeding.
The Global Veterinary Diagnostics Industry has seen an exemplary shift in the past few years with the emergence of new and technologically advanced products, which had an optimistic impact on the overall growth of the market. 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 demand materials from living organisms. Because of this reason, during economic recession, United States faced a decline in consumer spending on pets, which affected the veterinary diagnostics market. Market development for companion animal diagnostic has depended heavily upon the purchasing and usage of in-clinic analysers or diagnostic instruments used at veterinary practices.
Get a comprehensive overview of the Global Veterinary Diagnostics Market: http://www.marketdataforecast.com/market-reports/global-veterinary-diagnostics-market-85/
Global Veterinary Diagnostics Market: Drivers & Restraints
Increase in purchase and usage of various diagnostic instruments that are utilized in veterinary practices, in-clinic diagnostic procedures, high income households that keep pets and regularly visit veterinary laboratories are propelling the growth of this market. However, increasing adoption of vegetarian food due to changing food habits, the economic downturn, the increasing risk of obesity, exposure to global cuisines, and other diseases are some of the factors affecting the growth.
Get accurate market forecast and analysis on the Veterinary Diagnostics Market. Request a sample to stay up-to-date on the main trends affecting this market: http://www.marketdataforecast.com/market-reports/global-veterinary-diagnostics-market-85/request-sample
Global Veterinary Diagnostics Market: Segmentation
By Product:
Clinical Chemistry
Urine Analysis
Glucose Monitoring
Blood Gas Electrolyte Analysis
Molecular Diagnostics
Micro Arrays
PCR Tests
Other Molecular Diagnostics Tests
Haemotology
Haemotology Analysers
Haemotology Catridges
Diagnostic Imaging
Radiography Systems
Ultrasound Imaging Systems
CT Scanners
MRI Scanners
Immunodiagnostics
Immunoassay Analysers
ELISA Tests
Lateral-Flow Strip Readers
Lateral-Flow Rapid Tests
Allergen specific Immunodiagnostic Tests
By Animals
Companion Animals
Canine Diagnostics
Feline Diagnostics
Other Veterinary Diagnostics
Food-Producing Animals
Bovine Diagnostics
Porcine Diagnostics
Ovine Diagnostics
Poultry Diagnostics
Piscine Diagnostics
From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at http://www.marketdataforecast.com/market-reports/global-veterinary-diagnostics-market-85/customize-report
Global Veterinary Diagnostics Market: Overview
Global market for Immunodiagnostics is expected to grow at a higher CAGR due to the increase in the number of foodborne diseases affecting the animals and the need to perform various tests has increased gradually. In turn, the market for Molecular diagnostics is expected to grow at a higher than that of Immunodiagnostics due to the wide scope it provides over the likes of immunodiagnostics.
In 2013, North America was the major leader with nearly 45% share of the global market, followed by Europe with nearly 30% share. Increasing companion animal population, coupled with the positive trend towards animal health spending, has led to the large market share of the North American and European veterinary diagnostics market. The Asia-Pacific region represents the highest growth opportunity for the veterinary diagnostics market during the forecast period of 2013 to 2018.
Global Veterinary Diagnostics Market: Region-wise Outlook
Based on geography the market is analysed under various regions, namely North America, Europe, Asia-Pacific, Latin America & Middle East & Africa. The North American market dictates the global veterinary diagnostics market with the largest market share, followed by the European market. The Latin American and Asia-Pacific markets are expected to be the most worthwhile market in terms of growth rate.
Key Questions Answered
What is the current and future Global Veterinary Diagnostics Market outlook in global? What trends are affecting the global market?
What is the competitive landscape and market share of major players in the Global Veterinary Diagnostics space globally?
What are the analysis of the macro and micro factors that affect the Global Orthopedic Devices Market on both global and regional scales?
What are the key, high growth markets that Global Veterinary Diagnostics manufacturers should expand into? Which market segments are growing the fastest?
What are the unmet needs with the Global Veterinary Diagnostics currently on the market? How will emerging technologies fulfil these unmet needs?
What is physician perception and market outlook of Veterinary Diagnostics Market ?
What are the challenges and barriers that have hindered widespread adoption of Global Veterinary Diagnostics Market?
What are the key sustainability strategies adopted by market players ?
Global Veterinary Diagnostics Market: Key Players
Some of the key participating global players in global Veterinary Diagnostics Market are VCA Inc., Heska Corporation, Abaxis, Inc., VIRBAC, IDEXX Laboratories, Inc., Life Technologies Corporation, Bio-Rad Laboratories Inc., Prionics AG, and Pfizer, Inc. In this, Thermo Fisher Scientific Inc. (U.S.), and Heska Corporation (U.S.) together holds the major share of the veterinary diagnostics market and will continue to dominate the market between 2018 and 2023.
Reasons to buy Veterinary Diagnostics Market Report:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Checkout other related studies in the Therapeutics Segment:
Checkout other related studies in the Diagnostics Segment:
Autoimmune Diagnostics Market: http://www.marketdataforecast.com/market-reports/global-auto-immune-diagnostics-market-1190/
Cervical Cancer Diagnostics and Therapeutics Market: http://www.marketdataforecast.com/market-reports/global-cervical-cancer-diagnostics-and-therapeutics-market-829/
Head and Neck Cancer Diagnostics Market: http://www.marketdataforecast.com/market-reports/head-and-neck-cancer-diagnostics-market-49/
Nuclear Medicine Diagnostics: http://www.marketdataforecast.com/market-reports/global-nuclear-medicine-diagnostics-market-123/
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more information, kindly visit, www.marketdataforecast.com.
Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Visit Market Data Forecast Blog @ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases
Diagnostics provide tools for effective and rapid testing to undertake preventative or remedial measures for the health of the animal population. For instance, lateral flow and other rapid tests are used in veterinary medicine to test commercial livestock (large animals - cows, poultry, sheep, pigs, etc.) and household pets (cats, dogs, etc.) to test for the presence of a variety of medical conditions caused by bacteria, viruses, allergies, and fertility issues. Food animal diagnostics assist in livestock and production animal preventive care and complement other measures such as vaccination and selective breeding.
The Global Veterinary Diagnostics Industry has seen an exemplary shift in the past few years with the emergence of new and technologically advanced products, which had an optimistic impact on the overall growth of the market. 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 demand materials from living organisms. Because of this reason, during economic recession, United States faced a decline in consumer spending on pets, which affected the veterinary diagnostics market. Market development for companion animal diagnostic has depended heavily upon the purchasing and usage of in-clinic analysers or diagnostic instruments used at veterinary practices.
Get a comprehensive overview of the Global Veterinary Diagnostics Market: http://www.marketdataforecast.com/market-reports/global-veterinary-diagnostics-market-85/
Global Veterinary Diagnostics Market: Drivers & Restraints
Increase in purchase and usage of various diagnostic instruments that are utilized in veterinary practices, in-clinic diagnostic procedures, high income households that keep pets and regularly visit veterinary laboratories are propelling the growth of this market. However, increasing adoption of vegetarian food due to changing food habits, the economic downturn, the increasing risk of obesity, exposure to global cuisines, and other diseases are some of the factors affecting the growth.
Get accurate market forecast and analysis on the Veterinary Diagnostics Market. Request a sample to stay up-to-date on the main trends affecting this market: http://www.marketdataforecast.com/market-reports/global-veterinary-diagnostics-market-85/request-sample
Global Veterinary Diagnostics Market: Segmentation
By Product:
Clinical Chemistry
Urine Analysis
Glucose Monitoring
Blood Gas Electrolyte Analysis
Molecular Diagnostics
Micro Arrays
PCR Tests
Other Molecular Diagnostics Tests
Haemotology
Haemotology Analysers
Haemotology Catridges
Diagnostic Imaging
Radiography Systems
Ultrasound Imaging Systems
CT Scanners
MRI Scanners
Immunodiagnostics
Immunoassay Analysers
ELISA Tests
Lateral-Flow Strip Readers
Lateral-Flow Rapid Tests
Allergen specific Immunodiagnostic Tests
By Animals
Companion Animals
Canine Diagnostics
Feline Diagnostics
Other Veterinary Diagnostics
Food-Producing Animals
Bovine Diagnostics
Porcine Diagnostics
Ovine Diagnostics
Poultry Diagnostics
Piscine Diagnostics
From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at http://www.marketdataforecast.com/market-reports/global-veterinary-diagnostics-market-85/customize-report
Global Veterinary Diagnostics Market: Overview
Global market for Immunodiagnostics is expected to grow at a higher CAGR due to the increase in the number of foodborne diseases affecting the animals and the need to perform various tests has increased gradually. In turn, the market for Molecular diagnostics is expected to grow at a higher than that of Immunodiagnostics due to the wide scope it provides over the likes of immunodiagnostics.
In 2013, North America was the major leader with nearly 45% share of the global market, followed by Europe with nearly 30% share. Increasing companion animal population, coupled with the positive trend towards animal health spending, has led to the large market share of the North American and European veterinary diagnostics market. The Asia-Pacific region represents the highest growth opportunity for the veterinary diagnostics market during the forecast period of 2013 to 2018.
Global Veterinary Diagnostics Market: Region-wise Outlook
Based on geography the market is analysed under various regions, namely North America, Europe, Asia-Pacific, Latin America & Middle East & Africa. The North American market dictates the global veterinary diagnostics market with the largest market share, followed by the European market. The Latin American and Asia-Pacific markets are expected to be the most worthwhile market in terms of growth rate.
Key Questions Answered
What is the current and future Global Veterinary Diagnostics Market outlook in global? What trends are affecting the global market?
What is the competitive landscape and market share of major players in the Global Veterinary Diagnostics space globally?
What are the analysis of the macro and micro factors that affect the Global Orthopedic Devices Market on both global and regional scales?
What are the key, high growth markets that Global Veterinary Diagnostics manufacturers should expand into? Which market segments are growing the fastest?
What are the unmet needs with the Global Veterinary Diagnostics currently on the market? How will emerging technologies fulfil these unmet needs?
What is physician perception and market outlook of Veterinary Diagnostics Market ?
What are the challenges and barriers that have hindered widespread adoption of Global Veterinary Diagnostics Market?
What are the key sustainability strategies adopted by market players ?
Global Veterinary Diagnostics Market: Key Players
Some of the key participating global players in global Veterinary Diagnostics Market are VCA Inc., Heska Corporation, Abaxis, Inc., VIRBAC, IDEXX Laboratories, Inc., Life Technologies Corporation, Bio-Rad Laboratories Inc., Prionics AG, and Pfizer, Inc. In this, Thermo Fisher Scientific Inc. (U.S.), and Heska Corporation (U.S.) together holds the major share of the veterinary diagnostics market and will continue to dominate the market between 2018 and 2023.
Reasons to buy Veterinary Diagnostics Market Report:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Checkout other related studies in the Therapeutics Segment:
Checkout other related studies in the Diagnostics Segment:
Autoimmune Diagnostics Market: http://www.marketdataforecast.com/market-reports/global-auto-immune-diagnostics-market-1190/
Cervical Cancer Diagnostics and Therapeutics Market: http://www.marketdataforecast.com/market-reports/global-cervical-cancer-diagnostics-and-therapeutics-market-829/
Head and Neck Cancer Diagnostics Market: http://www.marketdataforecast.com/market-reports/head-and-neck-cancer-diagnostics-market-49/
Nuclear Medicine Diagnostics: http://www.marketdataforecast.com/market-reports/global-nuclear-medicine-diagnostics-market-123/
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more information, kindly visit, www.marketdataforecast.com.
Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Visit Market Data Forecast Blog @ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases
Contact Information:
Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
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Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results