Veterinary Diagnostic Market Research Report

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

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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MARKET SNAPSHOT

Major Players

  • Abaxis Inc
  • Qiagen N.V.
  • Virbac
  • Study period:

    2023-2028

    Base Year:

    2022

    CAGR:

    8

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    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

    • Clinical Biochemistry
    • Immunodiagnostics  
    • Hematology
    • Molecular Diagnostics
    • Urinalysis
    • Others

    Veterinary diagnostic Market, by Product

    • Instruments  
    • Consumables

    Veterinary diagnostic Market, by Animal Type

    • Livestock Animal
    • Companion Animal

    Veterinary diagnostic Market, by End User

    • Research Institutes and universities
    • Veterinary Hospitals and Clinics
    • Point-Of-Care

    Veterinary diagnostic Market, By Region

    • North America
    • Europe
    • Asia Pacific
    • Rest of World

    The report covers:

    • Global Veterinary diagnostic market sizes from 2021 to 2028, with CAGR for 2023-2028..
    • Market size comparison for 2022 & 2028, with actual data for 2022, estimates for 2023 and forecast from 2024 to 2028
    • Global Veterinary diagnostic market trends, covering comprehensive range of consumer trends & manufacturer trends
    • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the Veterinary diagnostic market
    • Major market opportunities and challenges in forecast timeframe to be focused
    • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
    • Comprehensive company profiles of the key industry players

    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.

    Reasons to Buy this Report:

    • Gain detailed insights on the Veterinary diagnostic industry trends
    • Find complete analysis on the market status
    • Identify the Veterinary diagnostic market opportunities and growth segments
    • Analyse competitive dynamics by evaluating business segments & product portfolios
    • Facilitate strategy planning and industry dynamics to enhance decision making

    Customization:

    Customized report as per the requirement can be offered with appropriate recommendations

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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

    • Clinical Biochemistry
    • Immunodiagnostics  
    • Hematology
    • Molecular Diagnostics
    • Urinalysis
    • Others

    Veterinary diagnostic Market, by Product

    • Instruments  
    • Consumables

    Veterinary diagnostic Market, by Animal Type

    • Livestock Animal
    • Companion Animal

    Veterinary diagnostic Market, by End User

    • Research Institutes and universities
    • Veterinary Hospitals and Clinics
    • Point-Of-Care

    Veterinary diagnostic Market, By Region

    • North America
    • Europe
    • Asia Pacific
    • Rest of World

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    The market is expected to grow at a CAGR of 8.5% during the study period (2023-2028)
    The veterinary diagnostics market is expected to exceed more than US$ 6.30 billion by 2028
    The segment included in veterinary diagnostics market is Technology, Product, Animal Type, End User and region.
    Some key players operating in the veterinary diagnostics market include Abaxis, Inc., Qiagen N.V., Virbac
    We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

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