According to latest publication by Meticulous Research®, global — Veterinary Immunodiagnostics Market will grow at a CAGR of 9.6% during the forecast period to reach USD 2,011.3 million by 2022.
This growth is primarily driven by rising demand for animal-derived food products, growing animal health care expenditure, and increasing zoonotic and foodborne diseases, says Meticulous Research. In addition, growth in companion and livestock animals, increasing number of veterinary practitioners, and increasing pet ownership are further expected to boost the growth of this market.
The report meticulous analyzes the veterinary immunodiagnostics market by segmenting the market in product type (analyzers and consumables), animal type (livestock, companion), application (infectious disease, autoimmune disorder, endocrinology and oncology disease, and bone & mineral disease), technology (enzyme linked immunosorbent assay, radioimmunoassay, and rapid test), end user (reference laboratories, academic and research institutes, veterinary hospitals & clinics, and point of care/ in house testing), and geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa).
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Based on the animal type, the market is further sub-segmented into cattle, pigs, and poultry. The companion segment is also further classified into feline, canine, and equine. The companion animals segment is expected to register the fastest growth during the forecast period, owing to rising number of pet ownerships and growing expenditure on the health of pets.
Geographically, North America holds the major share in the global veterinary immunodiagnostics market, followed by Europe and Asia-Pacific. Asia-Pacific region is projected to show lucrative growth potential for the veterinary immunodiagnostics market primarily due to the rising awareness and investment in improving animal healthcare, growing pet healthcare expenditure with rising income level, and rising demand for the animal derived food products.
The key players analyzed in the global veterinary immunodiagnostics market are Abaxis inc., bioMérieux SA, IDEXX Laboratories inc., Heska Corporation, Virbac SA, Zoetis inc., Randox Laboratories Ltd., Neogen Corporation, Woodley Equipment Company Ltd, Thermo Fisher Scientific Inc., and QIAGEN N.V.
Browse in-depth report on https://www.meticulousresearch.com/product/veterinary-immunodiagnostics-market-size-2022/
Scope of the Report:
Market by Product type:
Market by animal type:
Market by Technology:
Enzyme-Linked Immunosorbent Assay (ELISA)
• Chemiluminescence Immunoassay
• Fluorescent Immunoassay
• Colorimetric Immunoassay
Market by Application:
Bone and Mineral diseases
Market by End User:
Academic and Research Institutes
Veterinary Hospitals & Clinics
Point of care/ In-house testing.
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Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market insights
5. Veterinary Immunodiagnostics Market, by Product Type
6. Veterinary Immunodiagnostics Market, by Animal Type
7. Veterinary Immunodiagnostics Market, by Technology
8. Veterinary Immunodiagnostics Market, by Application
9. Veterinary Immunodiagnostics Market, by End-User
10. Veterinary Immunodiagnostics Market, by Geography
10.2. North America
10.5. Rest of World (Row)
11. Competitive Landscape
11.2. New Product Launches
11.3. Merges and Acquisitions
11.4. Agreements & Partnerships
12. Company Profiles
12.1. Abaxis Inc.
12.2. Biomerieux S.A.
12.3. Idexx Laboratories, Inc.
12.4. Heska Corporation
12.5. Virbac Sa
12.6. Zoetis Inc.
12.9. Neogen Corporation
12.10. Woodley Veterinary Diagnostics
12.11. Thermo Fisher Scientific Inc.
12.12. Qiagen N.V.
13.2. Available customizations.
Key questions answered in the report-
Which are the high growth market segments in terms of product, animal type, application, technology, end user, and regions/countries?
What is the historical market for veterinary immunodiagnostics market across the globe?
What are the market forecasts and estimates from the period 2015-2022?
What are the major drivers, restrains, and trends in the global veterinary immunodiagnostics market?
Who are the major players in the global veterinary immunodiagnostics market and what share of the market do they hold?
Who are the major players in various countries and what share of the market do they hold?
What are the competitive landscapes and who are the market leaders by sub-region in the global veterinary immunodiagnostics market?
What are the recent developments in the global veterinary immunodiagnostics market?
What are the different strategies adopted by the major players in the global veterinary immunodiagnostics market?
What are the geographical trends and high growth regions/ countries?
Who are the local emerging players in the global veterinary immunodiagnostics market and how do they compete with the global players?
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Meticulous Research® is founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
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