NEW YORK, April 20, 2023 (GLOBE NEWSWIRE) -- Data Bridge Market Research has just released its extensive report on the "Veterinary Diagnostics Market" which details the industry's past, present, and future in terms of both products and marketing. They also detail current and projected market trends, sales and distribution channels, and technological and economic developments. Absolute insights and know-how of the greatest market opportunities in the relevant markets or the Veterinary Diagnostics industry required for successful business growth can be accomplished only with the best market research report. To better structure the persuasive Veterinary Diagnostics market research report, a nice blend of advanced industry insights, practical solutions, talent solutions, and the latest technology is utilized which gives an excellent experience to the readers or end users. The Veterinary Diagnostics market report also involves strategic profiling of the major players in the market, a comprehensive analysis of their basic competencies, and thereby keeping the competitive landscape of the market in front of the client.
The analysis and estimations conducted via Veterinary Diagnostics business report help to get an idea about the product launches, future products, joint ventures, marketing strategy, developments, mergers and acquisitions and effect of the same on sales, marketing, promotions, revenue, import, export, and CAGR values. This report is a wonderful guide for an actionable ideas, enhanced decision-making and better business strategies. The report assists in determining and optimizing each stage in the lifecycle of industrial process that includes engagement, acquisition, retention, and monetization. The insights provided in Veterinary Diagnostics market research report are based upon SWOT analysis on which businesses can rely confidently.
Global Veterinary Diagnostics Market was valued at USD 2.6 Billion in 2021 and is expected to reach USD 5.01 Billion by 2029, registering a CAGR of 8.55% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Veterinary diagnostics are referred to the tools that are utilized in diagnosis of animal diseases that is caused owing to the microorganisms, including viruses, fungi, bacteria and pathogens, among others. These animal diagnostics tools are used for detecting disease, checking the presence of disease-causing agents, monitoring disease progression and providing optimal therapeutics.
Veterinary diagnostics is considered a crucial part of for the management and prevention of outbreak of diseases among animals. The rise in the emphasis on the prevention and control of zoonotic diseases is escalating the growth of veterinary diagnostics market.
Recent Developments
- Heska Corporation acquired Lacuna Diagnostics in January’2021. This acquisition aims at strengthening the company’s portfolio of telemedicine services and point-of-care digital cytology technology.
The Global Market Is Analyzed in Depth in the Latest Study. Taking into account the current level of competition and its projected evolution over the next few years.
Rapidly increasing demands, a rise in industrialization, consumer awareness, growing sectors, and technical improvements are fueling the expansion of the global Veterinary Diagnostics market. Sales and revenue in this sector have increased at an exponential rate. The market's size and growth are both expected to increase thanks to the factors driving the market's expansion over the projected period.
Leading businesses in the worldwide Veterinary Diagnostics market are investing heavily in R&D in order to build a larger client base and expand their share of the market by reintroducing improved products to consumers. All of the companies' strategy, as well as their financial health, revenue, gross margin, and growth rate, are detailed in the study.
Some of the major players operating in the veterinary diagnostics market are:
- Almac (UK)
- Element Materials Technology Group Limited (UK)
- Eurofins Scientific (France)
- PPD Development, LP (US)
- Source BioScience (UK)
- Intertek Group plc (UK)
- Laboratory Corporation of America (US)
- BioReliance Corporation (US)
- Charles River Laboratories (US)
- WuXi AppTec (China)
- Anacura (Belgium)
- LGC Ltd (UK)
- Medpace Hldgs (US)
- Syneos Health (US)
- PRA Health Sciences (US)
- STERIS plc (US)
- Merck Group KGaA (Germany)
- PPD, Inc. (US)
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At Data Bridge Market Research, we employ a comprehensive and iterative research methodology aimed at minimizing deviations to provide the most accurate estimates and forecasts possible. Our approach involves utilizing both bottom-up and top-down methods to segment and estimate the quantitative aspects of the market. Furthermore, a recurring theme across all our research reports is data triangulation, which examines the market from three distinct perspectives.
To derive our market estimates and forecasts, we employ simulation models that are tailored for each study. We gather information on market dynamics, technology landscape, application development, and pricing trends, which are then fed into the model and analyzed simultaneously. We compare these factors and quantify their impact on the forecast period using correlation, regression, and time series analysis. Our market forecasting is performed using a combination of economic tools, technological analysis, and our team's industry experience and domain expertise.
Key Market Segments Covered in Veterinary Diagnostics Industry Research
Product
- Instruments
- Reagents
- Consumables
Technology
- Immunodiagnostics
- Clinical Biochemistry
- Molecular Diagnostics
- Urinalysis
Animal Type
- Companion Animals
- Livestock Animals
Disease Type
- Infectious Diseases
- Non-Infectious Diseases
- Hereditary, Congenital, and Acquired Diseases
- General Ailments
- Structural and Functional Diseases
Species
- Bovine
- Camelid
- Canine and Feline
- Caprine
- Equine
- Ovine
- Porcine
- Avian
End User
- Reference Laboratories
- Veterinary Hospitals and Clinics
- Point-Of-Care/In-House Testing
- Research Institutes And Universities
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Key Industry Drivers:
- Animal-derived food products
The increase in the demand for animal-derived food products acts as one of the major factors driving the growth of veterinary diagnostics market.
- Incidence of Transboundary
The surge in the incidence of transboundary and zoonotic diseases among animals accelerate the market growth.
- Number of Veterinary Practitioners
The rise in number of veterinary practitioners and their rising income levels in developed economies further influence the market.
Challenges Global Veterinary Diagnostics Market
On the other hand, high cost associated with animal diagnostics and rise in the expenses of pet care is expected to obstruct market growth. Also, shortage of veterinary practitioners is projected to challenge the veterinary diagnostics market in the forecast period of 2022-2029.
This veterinary diagnostics market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on veterinary diagnostics market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth
Veterinary Diagnostics Market Regional Analysis/Insights:
The countries covered in the veterinary diagnostics market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the veterinary diagnostics market because of the presence of healthcare programs within the region.
Asia-Pacific (APAC) is expected to witness significant growth during the forecast period of 2022 to 2029 due to the increased disposable income and acceptance of pet animals in the region.
The investment made in the study would provide you access to information such as:
- Veterinary Diagnostics Market [Global – Broken-down into regions]
- Regional level split [North America, Europe, Asia Pacific, South America, Middle East & Africa]
- Country-wise Market Size Split [of important countries with major market share]
- Market Share and Revenue/Sales by leading players
- Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter’s Five Forces, etc.
- Veterinary Diagnostics Market Size
- Market Size by Application/industry verticals
- Market Projections/Forecast
Table of Contents:
- Introduction
- Market Segmentation
- Executive Summary
- Premium Insights
- Global Veterinary Diagnostics Market: Regulations
- Market Overview
- Global Veterinary Diagnostics Market, By Product
- Global Veterinary Diagnostics Market, By Technology
- Global Veterinary Diagnostics Market, By Animal Type
- Global Veterinary Diagnostics Market, By Disease Type
- Global Veterinary Diagnostics Market, By Species
- Global Veterinary Diagnostics Market, By End User
- Global Veterinary Diagnostics Market, By Region
- Global Veterinary Diagnostics Market: Company Landscape
- SWOT Analyses
- Company Profile
- Questionnaires
- Related Reports
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Explore More Reports:
- U.S. Veterinary Diagnostics Market, By Product (Consumables, Reagents & Kits, Instruments & Devices), Species (Bovine, Camelid, Caprine, Canine & Feline, Equine, Ovine, Porcine, Avian, Others), Testing Category (Analytical Services, Diagnostic Imaging, Bacteriology, Pathology, Molecular Diagnostic, Immunoassays, Parasitology, Serology, Virology), Disease Type (Infectious Diseases, Non-Infectious Diseases, Hereditary, Congenital, General Ailments, Structural & Functional Diseases), End User (Hospitals, Specialty Clinics, Academic & Research Institutes, and Others) https://www.databridgemarketresearch.com/reports/u-s-veterinary-diagnostics-market
- Veterinary Imaging Market, By Product (Veterinary Imaging Instruments, Veterinary Software, Veterinary Imaging Reagents), Animal Type (Small Companion Animals, Large Animals), Application (Orthopaedics and Traumatology, Oncology, Cardiology, Neurology), End-Use (Hospitals, Clinics) https://www.databridgemarketresearch.com/reports/global-veterinary-imaging-market
- Veterinary Chemistry Analyzer Market, By Product (Instruments, Consumables), Application (Blood Chemistry Analysis, Urinalysis, Glucose Monitoring, Blood Gas and Electrolyte Analysis), Animal Type (Companion Animals, Livestock), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) https://www.databridgemarketresearch.com/reports/global-veterinary-chemistry-analyzer-market
- Veterinary-Animal Vaccines Market, By Type (Porcine Vaccines, Poultry Vaccines, Livestock Vaccines, Companion Animal Vaccines, Aquaculture Vaccines, Other Animal Vaccines), Disease (Porcine, Poultry, Livestock, Companion Animals, Aquaculture), Technology (Live Attenuated Vaccines, Inactivated Vaccines, Toxoid Vaccines, Recombinant Vaccines, Other Vaccines), Route of Administration (Oral, Parenteral, Topical), End-Use (Hospitals, Clinics) https://www.databridgemarketresearch.com/reports/global-veterinaryanimal-vaccines-market
- Veterinary Reference Laboratory Market, By Technology (Molecular Diagnostics, Immunodiagnostics, Haematology, Clinical Chemistry), Application (Clinical Pathology, Virology, Bacteriology, Parasitology, Productivity Testing, Pregnancy Testing, Toxicology, Others), Type of Animal (Companion Animals, Food-Producing Animals) End User (Veterinary Hospitals, Veterinary Clinics) https://www.databridgemarketresearch.com/reports/global-veterinary-reference-laboratory-market
- Veterinary Infusion Pumps Market, By Type (Devices and Administration Sets and Pump Accessories, Large-Volume Infusion Pumps and Syringe Infusion Pumps), Infusion Type (Continuous and Intermittent), Model Type (With Power Code and Battery Operated.), Mobility (Stationary and Portable), Infusion Mode (Rate Mode, Time Mode, Dose Mode and Others), Channel Type (Single Channel and Multi-Channel), Animal (Food Production and Companion Animals), End User (Hospitals, Veterinary Clinics, Homecare Settings, Laboratories And Others), Distribution Channel (Direct Tender, Retail Pharmacy, Online Pharmacy and Others) https://www.databridgemarketresearch.com/reports/global-veterinary-infusion-pumps-market
- Veterinary Pain Management Market, By Drug Type (Opioids, Morphine, Hydromorphone, Codeine, α2-adrenergic Agonists, Xylazine, Medetomidine, Local Anesthetics, Bupivacaine, Lidocaine, Chloroprocaine, Nonsteroidal Anti-inflammatory Drugs (NSIDs), Etodolac, Fentanyl, Meloxicam, Sedatives, Corticosteroids), Route of Administration (Oral Preparations, Parenteral Preparations), End-User (Veterinary Hospital Pharmacies, Retail Veterinary Pharmacies, Online Pharmacies), Distribution Channel (Veterinary Hospitals and Clinics, Pharmacies) https://www.databridgemarketresearch.com/reports/global-veterinary-pain-management-market
- Veterinary Lasers Market, By Type (Portable, Bench-Top, Compact), Product (Surgical Laser, Therapeutic Laser), Application (Soft Tissue Surgery, Pain Therapy), Laser Type (Class 2, Class 3, Class 4), End Users (Veterinary Clinics, Veterinary Hospitals, Others) https://www.databridgemarketresearch.com/reports/global-veterinary-lasers-market
- Veterinary In Vitro Fertilization (IVF) Market, By Product Type (Reagents, Equipment, Services), Technique (Artificial Insemination, Embryo Transfer), End Use (Fertility Clinics & Surgical Centers, Hospital, Research Laboratories, Cyrobanks), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) https://www.databridgemarketresearch.com/reports/global-veterinary-ivf-market
- Veterinary Endoscopy Market, By Product Type (Flexible Endoscopes, Capsule Endoscopes, Robot Assisted Endoscopes, Rigid Endoscope, Other Endoscopes), Procedure (Flexible Endoscopy, Rigid Endoscopy, Other Procedures), Animal Type (Companion Animals, Large Animals, Other Animals), End- User (Hospitals and Academic Institutes, Clinics, Veterinary Hospitals, Research Institutes) Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) https://www.databridgemarketresearch.com/reports/global-veterinary-endoscopy-market
- Veterinary Computed Tomography (CT) Scanner Market, By Type (Stationary Multi-Slice CT Scanners, Portable CT Scanners), Animal Type (Small Companion Animals, Equine and Livestock, Other Animals), Disease (Cancer, Cardiovascular Disease, Infectious Disease, Appendicitis, Trauma, Musculoskeletal Disorders, Others), Application (Neurology, Oncology, Orthopedics and Traumatology, Other Application), End- User (Veterinary Hospitals and Clinics, University Teaching Hospitals and Academic Institutes), Slice (4 Slice, 8 Slice, 16 Slice, 32 Slice, 64 Slice) https://www.databridgemarketresearch.com/reports/global-veterinary-ct-scanner-market
- Veterinary Equipment and Disposables Market, By Type (Critical Care Consumables, Anesthesia Equipment, Fluid Management Equipment, Temperature Management Equipment, Patient Monitoring Equipment, Research Equipment, Rescue and Resuscitation Equipment), Animal Type (Small Companion Animals, Large Animals, Zoo Animals, Aquatic Animals, Research Animals, Other Animals), End-User (Veterinary Clinics, Veterinary Hospitals, Research Institutes), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) https://www.databridgemarketresearch.com/reports/global-veterinary-equipment-and-disposables-market
- Veterinary Clostridium Vaccine Market, By Disease (Swine Pneumonia, Avian Influenza, Rabies, Coccidiosis, Brucellosis, Canine Distemper), Type (Poultry, Livestock, Aquaculture, Porcine, Canine), Technology (Inactivated, Toxoid, Recombinant), Distribution Channel (Veterinary Hospital, Veterinary Clinic, Veterinary Research Institute, Retail Pharmacy), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) https://www.databridgemarketresearch.com/reports/global-veterinary-clostridium-vaccine-market
- Veterinary Molecular Diagnostics Market, By Product Type (Instruments and Software, Kits and Reagents, Services), Technology (Conventional PCR, Singleplex PCR, Multiplex PCR, Real-time PCR, Others), Disease Type (Vector-borne Diseases, Respiratory Pathogens, Diarrhea Pathogens, Others), Animal Type (Companion Animals, Livestock Animals), Application (Infectious Diseases, Oncology, Genetics, Microbiology), End User (Veterinary Hospitals, Clinical Laboratories, Research Institutes), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) https://www.databridgemarketresearch.com/reports/global-veterinary-molecular-diagnostics-market
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