Global Veterinary Diagnostics Market Analysis & Trends - Industry Forecast to 2025
The Global Veterinary Diagnostics Market is poised to grow at a CAGR of around 9.4% over the next decade to reach approximately $9.6 billion by 2025. Some of the prominent trends that the market is witnessing include increasing market for animal derived food products, rising prevalence of Zoonotic diseases, and recent technological developments of sensitive veterinary diagnostics kits.
Based on product the market is categorized into services, instruments, and consumables.
By technology the market is segmented by haematology, molecular diagnostics, diagnostic imaging, clinical chemistry, and immunodiagnostics. Further, haematology segment divided into Haematology Cartridges, Haematology Analyzers. Molecular diagnostics segment segregated into In-Situ Hybridization (ISH), microarrays, sequencing (DNA & NGS), Polymerase Chain Reaction (PCR) tests, and other molecular diagnostic tests. Diagnostic imaging segment is classified into MRI scanners, radiography systems, CT scanners, ultrasound imaging systems, and others. Clinical chemistry segment divided into blood gas-electrolyte analysis, urine analysis, and glucose monitoring. Immunodiagnostics categorized into allergen-specific immunodiagnostic tests, lateral flow strip readers, immunoassay analyzers, Rapid Immuno Migration (RIM), Agar Gel Immuno-diffusion (AGID), elisa tests, lateral flow rapid tests, and other diagnostics.
On basis of animal type the market is segmented by companion animals, farm animals. Further, companion animals segment divided into horses, dogs, cats, and other companion animals. Farm animals segment is classified into fish, sheep and goats, poultry, swine, cattle, pigs, and other farm animals.
By end user the market is classified into veterinary hospitals and clinics, research institutes and universities, reference laboratories, and point-of-care testing or in-house testing.
This industry report analyzes the market estimates and forecasts for all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2013, 2014 revenue estimations are presented for 2015 and forecasts from 2016 till 2025. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.
The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.
This report provides data tables, includes charts and graphs for visual analysis.
Rest of Europe
Rest of Asia
Rest of Middle East
Rest of Latin America
Rest of the World
The report provides a detailed analysis on current and future market trends to identify the investment opportunities
Market forecasts till 2025, using estimated market values as the base numbers
Key market trends across the business segments, Regions and Countries
Key developments and strategies observed in the market
Market Dynamics such as Drivers, Restraints, Opportunities and other trends
In-depth company profiles of key players and upcoming prominent players
Growth prospects among the emerging nations through 2025
Market opportunities and recommendations for new investments
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