Veterinary diagnostics are noninvasive methods used to identify and examine the causes of diseases in animals. Various new technologies from human diagnostics segments are being adapted for the veterinary domain. This trend is expected to continue in the future, thereby contributing to the growth of this market.The increasing number of disease outbreaks in animals and zootonic diseases arising in humans are driving the growth of this market. Additionally, the increasing number of food producing animals and companion animals are also boosting market growth. However, the growing inclination towards a vegetarian diet and economic uncertainty are major challenges faced by this market.
Growing awareness in emerging economies about animal health and the need to prevent antimicrobial-resistant bacteria are key opportunities for the veterinary diagnostics market. The companies profiled in this report are ABAXIS, Inc., IDEXX Laboratories, Inc., IDVET, HESKA Corporation, Neogen Corporation, Thermo Fisher Scientific Inc. (Life Technologies Corporation) 271, VCA Antech, Inc., Virbac SA, Zoetis, Inc. and Mindray Medical International Ltd.
The global veterinary diagnostics market is segmented on the basis of products, applications, animals and geography. In terms of products the market is segmented into hematology, immunodiagnostics,clinical chemistry and molecular testing (including nucleic acid testing).A few other methods are enzyme linked immunosorbent assay (ELISA),indirect fluorescent antibody test (IFAT), lateral flow tests, agglutination, complement fixation, chain reaction (PCR), western blot, polymerase and microarrays/biochips. Clinical chemistry holds the largest share in the market due to the increasing number of applications of various clinical assays in veterinary diagnostics.
The animal market is segmented into food producing animal and companion animal. The application market is segmented into hospitals and clinics, reference laboratories, universities/research centers and point-of- care. On the basis of geography the market is segmented into various regions,namely, North America, Europe, Asia Pacific and LAMEA. North America dominates the global veterinary diagnostics market and is followed by the European region. The Asia-pacific region is expected to grow at the fastest rate due to the rise in per-capita income and growing awareness among pet owners about the animal’s health.
The global Veterinary Diagnostics Marketis segmented according to products, application, end-users and geography as follows:
MARKET BY PRODUCTS
MARKET BY APPLICATION
MARKET BY ANIMAL
MARKET BY GEOGRAPHY
SIMILAR MARKET STUDIES
China Potential Non-Invasive Prenatal Testing (NIPT) market is likely to reach more than US$ 1.7 Billion by 2024. Long-term Growth Projection and Development: • It is predicted that China Actual NIPT test volume will increase to 1.6 Million by 2024 • More than 3,00,000 NIFTY tests done in 2016 • Berry Genomics completes US$ ...
September 2017 | $800 | View Details >>
Chenguang Biotech Group Co Ltd (300138) - Financial and Strategic SWOT Analysis Review provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses ...
September 2017 | $125 | View Details >>
Plant Extracts is a kind of matter which extracts from the plant or the parts of plant by the suitable solvent or methods, it can used to the pharmaceutical industry, food industry, healthy industry, beauty industry and other industries. Scope of the Report: This report focuses on the Plant Extracts in Europe ...
September 2017 | $4480 | View Details >>
UPCOMING MARKET RESEARCH REPORTS
2017 © Copyright Big Market Research