Veterinary Diagnostic Market Size, By Technology (Clinical Biochemistry, Immunodiagnostics, Hematology, Molecular Diagnostics, Urinalysis, Others), By Product (Instruments, Consumables), By Animal Type (Livestock Animal, Companion Animals), By End Use (Research Institutes & Universities, Veterinary Hospitals & Clinics, Point-Of-Care) By Region Analysis - Global Forecast 2023-2028
The veterinary diagnostics market is expected to exceed more than US$ 6.30 billion by 2028 at a CAGR of 8.5% in given forecast period.
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Major Players
Study period:
Fastest Growing Market:
2023-2028
APAC
Base Year:
Largest Market:
2022
North America
CAGR:
8
REPORT DESCRIPTION
To identify the various disorders in animals, the test is performed by using various methods like blood test, tissue samples, which is called as veterinary diagnostic. Various methods used in veterinary diagnostics include immunodiagnostics, hematology, molecular testing and clinical chemistry.
The veterinary diagnostics market is expected to exceed more than US$ 6.30 billion by 2028 at a CAGR of 8.5% in given forecast period.
in-clinic diagnostic procedures, usage of various diagnostic instruments for veterinary practices, increasing disposable income are some of the major key factors for the growth of veterinary diagnostic market during the forecast period. because of the increasing concern and care of pet owners and their willingness to provide veterinary care, supplements and to provide alternative treatments are giving long and healthier lives to pets. Growing awareness in emerging economies about animal health and the need to prevent antimicrobial-resistant bacteria are key opportunities for the veterinary diagnostics market.
Global Veterinary diagnostic market is segregated on the basis of Technology as Clnical biochemistry, Immunodiagnostics, Hematology, molecular diagnostics, urinalysis, and others. Based on Product, the global Veterinary diagnostic market is segmented in instruments and consumables. The report also bifurcates global Veterinary diagnostic market based on animal type, it is segregated in livestock animal and companion animals. By end use, the market is segregated in research institutes and universities, veterinary hospitals and clinics, and point-of-care.
Global Veterinary diagnostic market report provides geographic analysis covering regions such as North America, Europe, Asia Pacific, and Rest of World. The Veterinary diagnostic market for each region is further segmented for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.
Competitive Rivalry
Abaxis, Inc., Qiagen N.V., Virbac is among the major players in the global Veterinary diagnostic market share. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Veterinary diagnostic Market has been segmented as below:
Veterinary diagnostic Market, by Technology
Veterinary diagnostic Market, by Product
Veterinary diagnostic Market, by Animal Type
Veterinary diagnostic Market, by End User
Veterinary diagnostic Market, By Region
The report covers:
Report scope:
Global Veterinary diagnostic market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Veterinary diagnostic market share. Major industry players with significant revenue share include Zoetis, Idexx Laboratories, Neogen Corporation etc.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
2.2.2.1. Secondary Research
2.2.2.2. Primary Research
2.2.2.3. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.2.1. Growing income levels in developed countries
4.2.2. Growing population of companion animals
4.3. Restraints
4.3.1. High cost of pet care
5. Veterinary diagnostic Market, By Technology
5.1. Key Points
5.2. Clinical biochemistry
5.3. Immunodiagnostics
5.4. Hematology
5.5. Molecular diagnostics
5.6. Urinalysis
5.7. Others
6. Veterinary diagnostic Market, By Product
6.1. Key Points
6.2. Instruments
6.3. Consumables
7. Veterinary diagnostic Market, By Animal Type
7.1. Key Points
7.2. Livestock Animals
7.3. Companion Animals
8. Veterinary diagnostic Market, By End Use
8.1. Key Points
8.2. Research Institutes & Universities
8.3. Veterinary Hospitals & clinics
8.4. Point-of-Care
9. Competitive Landscape
9.1. Introduction
9.2. Recent Developments
9.2.1. Mergers &Acquisitions
9.2.2. New Product Developments
9.2.3. Portfolio/Production Capacity Expansions
9.2.4. Joint Ventures, Collaborations, Partnerships & Agreements
9.2.5. Others
10. Company Profile
10.1. Zoetis
10.1.1. Company Overview
10.1.2. Product/Service Landscape
10.1.3. Financial Overview
10.1.4. Recent Developments
10.2. Idexx Laboratories
10.2.1. Company Overview
10.2.2. Product/Service Landscape
10.2.3. Financial Overview
10.2.4. Recent Developments
10.3. Neogen Corporation
10.3.1. Company Overview
10.3.2. Product/Service Landscape
10.3.3. Financial Overview
10.3.4. Recent Developments
10.4. Biomérieux SA
10.4.1. Company Overview
10.4.2. Product/Service Landscape
10.4.3. Financial Overview
10.4.4. Recent Developments
10.5. Qiagen N.V.
10.5.1. Company Overview
10.5.2. Product/Service Landscape
10.5.3. Financial Overview
10.5.4. Recent Developments
The Veterinary diagnostic Market has been segmented as below:
Veterinary diagnostic Market, by Technology
Veterinary diagnostic Market, by Product
Veterinary diagnostic Market, by Animal Type
Veterinary diagnostic Market, by End User
Veterinary diagnostic Market, By Region
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