Posted By Uma Rajagopal
Posted on December 15, 2021
The new report by Expert Market Research titled, ‘Global Veterinary Diagnostics Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global veterinary diagnostics market, assessing the market based on its segments like technology, product type, animal type, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/veterinary-diagnostics-market/requestsample
The key highlights of the report include:
Market Overview (2016-2026)
- Historical Market Size (2020): USD 2.62 Billion
- Forecast CAGR (2021-2026): 8.9%
- Forecast Market Size (2026): USD 4.37 Billion
Increased animal health expenditure, rising prevalence of zoonotic illnesses, number of veterinary practitioners, and technological advancement in point of care diagnostics, growth in the animal population, along with the increased pet ownership, and rising demand for animal-based food products. The industry is projected to be propelled even further by rising demand for point-of-care diagnostics. It gives quick findings for clinical tests and may be assessed immediately, saving time. Veterinary care has recently become a topic of global concern and discussion. The huge influx of students who intend to study and specialise in veterinary care has also propelled the market. Expansion of the market is due to an increase in the number of in-clinic diagnostic procedures and a surge in the purchase and usage of various diagnostic instruments that are utilised in veterinary practices.
Industry Definition and Major Segments
Veterinary diagnostics can be defined as tests that aid in the diagnosis and identification of a variety of illnesses in animals. The procedures are carried out using a variety of ways that include excrement, blood, and tissue samples. The novel diagnostic procedures and technology that have been developed for human diagnostics are also widely used in veterinary diagnostics.
Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/veterinary-diagnostics-market
The veterinary diagnostics market can be broadly categorised on the basis of its technology into:
By prodyct type, the market is divided into:
- Instruments
- Consumables
Based on animal type, the market includes:
Latest News on Global Veterinary Diagnostics Market@ https://www.expertmarketresearch.com/pressrelease/veterinary-diagnostics-market
On the basis of region, the industry is divided into:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Market Trends
The growing income levels, rising demand for pet insurance, and growing animal health expenditure are some of the major factors that are accelerating the growth of the industry. An increase in pet adoption during the pandemic is also expected to propel market growth over the forecast period. Several governments are now under pressure to build state-of-the-art veterinary hospitals and healthcare facilities. As a result, in the coming years, the global veterinary diagnostics market is predicted to grow significantly. Animal rights advocates have also convinced governments to build new veterinary treatment, diagnostic, and therapy facilities. This is another important driver driving the veterinary diagnostics industry forward. In the case of developed markets, many private insurance companies are attracting owners and companies, which is boosting the growth of the market. Increasing investments in pet animals to protect them and improve the human-animal relationship are also driving the veterinary diagnostics market.
Key Market Players
The major players in the market are Randox Laboratories, Ltd., Idvet, Biomérieux SA, Virbac, Heska Corporation, Neogen Corporation, Thermo Fisher Scientific, Qiagen, Zoetis, Inc., Abaxis, Inc., and Idexx Laboratories, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
About Us:
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
Media Contact
Company Name: EMR Inc.
Contact Person: Steven Luke, Corporate Sales Specialist – U.S.A.
Email: [email protected]
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States
Website: https://www.expertmarketresearch.com
Read More Reports:
Global Fencing Market: https://www.expertmarketresearch.com/reports/fencing-market
Global Fire Truck Market: https://www.expertmarketresearch.com/reports/fire-truck-market
Global Nanomedicine Market: https://www.expertmarketresearch.com/reports/nanomedicine-market
Global Advanced Glass Market: https://www.expertmarketresearch.com/reports/advanced-glass-market
Global Vibration Monitoring Market: https://www.expertmarketresearch.com/reports/vibration-monitoring-market
Also, Check Procurement Intelligence which provides you with Infallible research solutions.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
Content Source: https://takeitcool.com/global-veterinary-diagnostics-market-size-share-key-players-demand-growth-analysis-research-report/
The new report by Expert Market Research titled, ‘Global Veterinary Diagnostics Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global veterinary diagnostics market, assessing the market based on its segments like technology, product type, animal type, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/veterinary-diagnostics-market/requestsample
The key highlights of the report include:
Market Overview (2016-2026)
- Historical Market Size (2020): USD 2.62 Billion
- Forecast CAGR (2021-2026): 8.9%
- Forecast Market Size (2026): USD 4.37 Billion
Increased animal health expenditure, rising prevalence of zoonotic illnesses, number of veterinary practitioners, and technological advancement in point of care diagnostics, growth in the animal population, along with the increased pet ownership, and rising demand for animal-based food products. The industry is projected to be propelled even further by rising demand for point-of-care diagnostics. It gives quick findings for clinical tests and may be assessed immediately, saving time. Veterinary care has recently become a topic of global concern and discussion. The huge influx of students who intend to study and specialise in veterinary care has also propelled the market. Expansion of the market is due to an increase in the number of in-clinic diagnostic procedures and a surge in the purchase and usage of various diagnostic instruments that are utilised in veterinary practices.
Industry Definition and Major Segments
Veterinary diagnostics can be defined as tests that aid in the diagnosis and identification of a variety of illnesses in animals. The procedures are carried out using a variety of ways that include excrement, blood, and tissue samples. The novel diagnostic procedures and technology that have been developed for human diagnostics are also widely used in veterinary diagnostics.
Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/veterinary-diagnostics-market
The veterinary diagnostics market can be broadly categorised on the basis of its technology into:
By prodyct type, the market is divided into:
- Instruments
- Consumables
Based on animal type, the market includes:
Latest News on Global Veterinary Diagnostics Market@ https://www.expertmarketresearch.com/pressrelease/veterinary-diagnostics-market
On the basis of region, the industry is divided into:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Market Trends
The growing income levels, rising demand for pet insurance, and growing animal health expenditure are some of the major factors that are accelerating the growth of the industry. An increase in pet adoption during the pandemic is also expected to propel market growth over the forecast period. Several governments are now under pressure to build state-of-the-art veterinary hospitals and healthcare facilities. As a result, in the coming years, the global veterinary diagnostics market is predicted to grow significantly. Animal rights advocates have also convinced governments to build new veterinary treatment, diagnostic, and therapy facilities. This is another important driver driving the veterinary diagnostics industry forward. In the case of developed markets, many private insurance companies are attracting owners and companies, which is boosting the growth of the market. Increasing investments in pet animals to protect them and improve the human-animal relationship are also driving the veterinary diagnostics market.
Key Market Players
The major players in the market are Randox Laboratories, Ltd., Idvet, Biomérieux SA, Virbac, Heska Corporation, Neogen Corporation, Thermo Fisher Scientific, Qiagen, Zoetis, Inc., Abaxis, Inc., and Idexx Laboratories, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
About Us:
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
Media Contact
Company Name: EMR Inc.
Contact Person: Steven Luke, Corporate Sales Specialist – U.S.A.
Email: [email protected]
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States
Website: https://www.expertmarketresearch.com
Read More Reports:
Global Fencing Market: https://www.expertmarketresearch.com/reports/fencing-market
Global Fire Truck Market: https://www.expertmarketresearch.com/reports/fire-truck-market
Global Nanomedicine Market: https://www.expertmarketresearch.com/reports/nanomedicine-market
Global Advanced Glass Market: https://www.expertmarketresearch.com/reports/advanced-glass-market
Global Vibration Monitoring Market: https://www.expertmarketresearch.com/reports/vibration-monitoring-market
Also, Check Procurement Intelligence which provides you with Infallible research solutions.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
Content Source: https://takeitcool.com/global-veterinary-diagnostics-market-size-share-key-players-demand-growth-analysis-research-report/
