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Global Animal Health Diagnostics Market: Industry Analysis & Outlook (2018-2022)

Global Animal Health Diagnostics Market: Industry Analysis & Outlook (2018-2022)

Animals, like humans, suffer from diseases and hence require proper care from veterinarians, farmers and pet owners. Sixty percent of all human diseases are found to have origin in animals (zoonotic diseases), and therefore, effective prevention and control of infectious diseases is necessary to combat the spread of diseases in animals and humans. Animal health diagnosis, also referred as veterinary diagnosis, is used to detect presence of any disease or other medical issue in animals. In terms of industry segments, animal health diagnostics market is divided into two segments that are point-of-care veterinary diagnostic market and veterinary laboratory services market. Though, the animal health diagnostic market is filled with a vast number of diagnostic test but these are broadly categorized into definite number of segments. There are mainly five types of diagnostic tests used on animals that include Clinical Chemistry; Immunodiagnostics; Molecular Diagnostics; Diagnostic Imaging; and Hematology Analyzer.

The U.S. is a major contributor to the global animal health diagnostic market supported by increased pet adoption among millennial, higher concentration of key players, increasing pet healthcare expenditure and number of homes with pet.

Clinical chemistry testing has been the most significant segment in the growth of global animal health diagnostic market due to technological improvements in testing methods and its wide applications in small veterinary clinics and hospitals.

The global animal health diagnostic market is expected to grow in future due to increasing demand for animal protein, rapid urbanization, improving pet industry, favorable demographics for pet adoption, and increasing disposable income. Key trends of this market include increasing companion ownership and rising incidences of zoonotic diseases.. However, there are some factors which can hinder the market growth including legal norms, high cost for development and highly competitive landscape for new entrants.

The report “Global Animal Health Diagnostic Market: Industry Analysis & Outlook (2018-2022)” by Koncept Analytics provides an extensive research and detailed analysis of the present market along with future outlook. The report discusses the major growth drivers and challenges of the market, covering the U.S. along with the global market. The report profiles the key players of the market including IDEXX Corporation, Zoetis Corporation, Heska Corporation, and Abaxis.


1. Overview
1.1 Animal Health
Table 1: Animal Health Market Segments
1.2 Animal Health Diagnosis
Table 2: Animal Health Diagnostics Market Segments
Table 3: Types of Animal Health Diagnostics
2. Global Animal Health Diagnosis Market
2.1 Global Animal Health Diagnostic Market Value
Table 4: Global Animal Health Diagnostic Market Value (2013-2017)
2.2 Global Animal Health Diagnostic Market Value Forecast
Table 5: Global Animal Health Diagnostic Market Value Forecast (2018-2022)
2.3 Global Animal Health Diagnostic Market by Segment
Table 6: Global Animal Health Diagnostic Market by Segment (2017)
2.3.1 Global Veterinary Lab Services Market by Value
Table 7: Global Veterinary Lab Services Market by Value (2013-2017)
2.3.2 Global Veterinary Lab Services Market Value Forecast
Table 8: Global Veterinary Lab Services Market Value Forecast (2018-2022)
2.3.3 Global Point-of-Care Veterinary Diagnostic Market by Value
Table 9: Global Point-of-Care Veterinary Diagnostic Market by Value (2013-2017)
2.3.4 Global Point-of-Care Veterinary Diagnostic Market Value Forecast
Table 10: Global Point-of-Care Veterinary Diagnostic Market Value Forecast (2018-2022)
2.4 Global Animal Health Diagnostic Market by Test Type
Table 11: Global Animal Health Diagnostic Market by Test Type (2017)
2.4.1 Global Clinical Chemistry Market Value Forecast
Table 12: Global Clinical Chemistry Market Value Forecast (2017-2022)
2.4.2 Global Immuno-Diagnostics Market Value Forecast
Table 13: Global Immuno-Diagnostics Market Value Forecast (2017-2022)
2.4.3 Global Hematology Analyzer Market Value Forecast
Table 14: Global Hematology Analyzer Market Value Forecast (2017-2022)
2.4.4 Global Molecular Diagnostics Market Value Forecast
Table 15: Global Molecular Diagnostics Market Value Forecast (2017-2022)
2.4.5 Global Diagnostic Imaging Market Value Forecast
Table 16: Global Diagnostic Imaging Market Value Forecast (2017-2022)
2.5 Global Animal Health Diagnostic Market by Region
Table 17: Global Animal Health Diagnostic Market by Region (2017)
3. Regional Animal Health Diagnosis Market
3.1 The U.S. Animal Health Diagnostic Market Value Forecast
Table 18: The U.S. Animal Health Diagnostic Market Value Forecast (2017-2022)
3.2 OUS Animal Health Diagnostic Market Value Forecast
Table 19: OUS Animal Health Diagnostic Market Value Forecast (2017-2022)
4. Market Dynamics
4.1 Growth Drivers
4.1.1 Growing Demand for Animal Protein
Table 20: Global Animal Protein Demand Forecast (2017-2022)
4.1.2 Improving Pet Market in the U.S.
Table 21: The U.S. Pet Market (2013-2017)
4.1.3 Urbanization
Table 22: Global Urban Population (2013-2017)
4.1.4 Increasing Disposable Income
Table 23: Global GNI per Capita (2013-2017)
4.1.5 Favorable Demographics Supporting Pet Market
Table 24: Share of Demographics Willing to Spend on Pets
4.2 Key Trends
4.2.1 Increasing Companion Animal Ownership
4.2.2 Rising Incidences of Zoonotic Disease
4.3 Challenges
4.3.1 Highly Competitive Landscape for New Entrants
4.3.2 High Cost of Product Development
4.3.3 Legal Regulation
5. Competition
5.1 Global Market
5.1.1 Revenue Comparison of Key Players
Table 25: Revenue Comparison of Key Players (2017)
5.1.2 Global Point-of-Care Veterinary Diagnostic Market Share by Company
Table 26: Global Point-of-Care Veterinary Diagnostic Market Share by Company (2017)
5.1.3 Global Veterinary Lab Services Market Share by Company
Table 27: Global Veterinary Lab Services Market Share by Company (2017)
5.1.4 Global Clinical Chemistry Veterinary Diagnostic Market Share by Company
Table 28: Global Clinical Chemistry Veterinary Diagnostic Market Share by Company (2017)
6. Company Profiles
6.1 Zoetis Inc.
6.1.1 Business Overview
Table 29: Zoetis Inc. Revenue by Segment (2017)
6.1.2 Financial Overview
Table 30: Zoetis Inc. Revenue and Net Income (2013-2017)
6.1.3 Business Strategies
Table 31: Zoetis Inc. R&D Expenditure (2015-2017)
6.2 IDEXX Corporation
6.2.1 Business Overview
Table 32: IDEXX Corporation Revenue by Segment (2017)
6.2.2 Financial Overview
Table 33: IDEXX Corporation Revenue and Net Income (2013-2017)
6.2.3 Business Strategies
Table 34: IDEXX Corporation R&D Expenditure (2015-2017)
6.3 Abaxis
6.3.1 Business Overview
Table 35: Abaxis Revenue by Segment (2017)
6.3.2 Financial Overview
Table 36: Abaxis Revenue and Net Income (2013-2017)
6.3.3 Business Strategies
Table 37: Abaxis R&D Expenditure (2015-2017)
6.4 Heska Corporation
6.4.1 Business Overview
Table 38: Heska Corporation Revenue by Segment (2017)
6.4.2 Financial Overview
Table 39: Heska Corporation Net Revenue and Net Income (2013-2017)
6.4.3 Business Strategies
Table 40: Heska Corporation R&D Expenditure (2015-2017)

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