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The global veterinary infectious disease diagnostics market stood at a value of nearly USD 1.94 billion in 2023. The industry is further expected to grow at a CAGR of almost 9% in the forecast period of 2024-2032 to reach USD 4.21 billion by 2032. The global veterinary infectious disease diagnostics industry is being driven by the development of advanced tools for diagnosing veterinary infectious disease.
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The global veterinary infectious disease diagnostics industry can be divided based on segments like technology, animal types, infection types, end-uses, and regions.
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The EMR report looks into the regional veterinary infectious disease diagnostics markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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With the advancement in technology, the equipment to test and diagnose veterinary infectious disease is developing, which is aiding the industry growth. The demand for advanced diagnostic tools has increased with the increase in preference for animal-derived food products. Further, with the rising disposable incomes, especially in emerging economies, there has been a steady rise in the companion animal population and the growing adoption of pet insurance. The governments across the nations are implementing various disease control prevention measures, further creating awareness regarding the veterinary infectious disease and its treatment, which is expected to aid the industry growth over the forecast period.
The immunodiagnostics segment, among other technologies, dominated the global veterinary infectious disease diagnostics industry in 2020 owing to its advantages like early disease detection and diagnosis ability, coupled with the advancements in immunoassay formats. The reference laboratories segment is expected to account for the largest share in the industry. Region-wise, North America accounted for the largest share in the industry in 2020 owing to the increased penetration of key market players in the region.
The report presents a detailed analysis of the following key players in the global veterinary infectious disease diagnostics market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Technology |
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| Breakup by Animal Type |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market attained a value of approximately USD 1.94 billion.
The market is projected to grow at a CAGR of 9% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach around USD 4.21 billion by 2032.
The major drivers of the market include the rising disposable incomes, implementation of various disease control and prevention measures, the growing adoption of pet insurance, and increased penetration of key market players.
The key trends guiding the market growth include the increasing investments in the development of advanced tools for accurate diagnosis of veterinary infectious diseases and rising population of companion animals.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The significant technologies for veterinary infectious disease diagnostics in the market are immunodiagnostics and molecular diagnostics, among other technologies.
Companion animals and food-producing animals are the different animal types in the global veterinary infectious disease diagnostics market.
The major end uses in the market include reference laboratories, veterinary hospitals and clinics, point-of-care/in-house testing, and research institutes and universities.
The major players in the market are bioMérieux S.A., Chembio Diagnostics Inc., IDEXX Laboratories, Inc., INDICAL BIOSCIENCE GmbH, NEOGEN Corporation, and Thermo Fisher Scientific Inc., among others.
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Australia
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+61-448-061-727
India
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+91-858-608-1494
Philippines
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+63-287-899-028, +63-967-048-3306
United Kingdom
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+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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