Saudi Arabia Veterinary Testing Services Market, By Animal Type (Companion Animals v/s Livestock), By Testing Category (Analytical Services, Diagnostic Imaging, Bacteriology, Pathology, Immunoassays, Others), By Diseases (Infectious Diseases, Non-Infectious Diseases, General Ailments, Others), By Region, Competition Forecast & Opportunities, 2027
Saudi Arabia veterinary testing services market is bound to experience impressive growth with anticipated CAGR in the forecast period, 2023-2027, on the account of rising concerns among the pet owners regarding their pet’s health. Increasing advancement in the veterinary healthcare services and increasing researches are further driving the growth of the Saudi Arabia veterinary testing services market in the upcoming five years. Moreover, advancing pharmaceutical products and their availability for the animal welfare in the country are further supporting the growth of the Saudi Arabia veterinary testing services market in the next five years.
Animal Welfare Concerns Drive Market Growth
Rapidly growing population of companion animals like cats, dogs, camels, etc. is majorly responsible for the growth of the Saudi Arabia veterinary testing services market in the upcoming five years. With increasing companion animal population, the pet owners are quite concerned regarding long and short term health conditions of their pets. Thus, the surge in the demand for better healthcare facility, advanced pharmaceutical products, along with therapeutics and testing services are anticipated to further support the growth of the Saudi Arabia veterinary testing services market in the next five years.
Increasing demand for animal based food products like milk & dairy products, poultry products, etc. is also substantiating the growth of the Saudi Arabia veterinary testing services market in the future five years. Rising concerns toward food products and its safety, and after consideration of various diseases being caused due to consumption of animal products, maintenance of health and wellbeing of the animals is a serious issue and generates higher demand for the veterinary testing services. Effective test guarantee early diagnosis of any infectious of chronic disease in the livestock animals. Increasing livestock indirectly influences market growth too.
Technological Advancement Leads Market Growth
Rapidly growing healthcare system in the country is also focused on animal healthcare as much as it is concerned toward human healthcare systems. Growing advancements in the veterinary therapeutics along with the pharmaceutical sector is driving the market growth in the upcoming five years. Rapidly increasing instances of zoonotic diseases like cat scratch disease is increasing in the country and supporting the growth of the Saudi Arabia veterinary testing services market in the next five years.
Quality diagnostic services like routine hemogram, serum biochemistry, immunology, bacteriology, serology, virology, histopathology, parasitology, analytical services, molecular diagnostics and toxicology for animal species substantiate the growth of the Saudi Arabia veterinary testing services market in the upcoming five years. Increasing research and product development in the sector like better and efficient diagnostic tests, reagent kits, and advances procedures to identify disease, or disorder and provide treatment, are expected to aid market growth in the future five years.
The Saudi Arabia veterinary testing services market segmentation is based on animal type, testing category, diseases, competitional landscape, and regional distribution. Based on animal type, the market is differentiated between companion animals and livestock. Based on testing category, the market is bifurcated into analytical services, diagnostic imaging, bacteriology, pathology, immunoassays, and others. Market segmentation on the basis of diseases is differentiated into infectious diseases, non-infectious diseases, general ailments, and others. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Northern & Central region, Eastern region, Western region, and Southern region.
Riyadh Veterinary Diagnostic Laboratory, My Pet Clinic, The Khobar Veterinary Clinic, European Veterinary Clinic, Elite Veterinary Clinic, among others is a partial list of major market players of the companies responsible for the growth of Saudi Arabia veterinary testing services market.
In this report, Saudi Arabia veterinary testing services market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
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