“Veterinary Diagnostics Market” research report endows clients with the information on their business scenario with which they can build business strategies to thrive in the market. According to this market report, the global market is anticipated to witness a moderately higher growth rate during the forecast period. This can be subjected to the moves of key players or brands which include developments, product launches, joint ventures, mergers and acquisitions that in turn change global face of the industry. Veterinary Diagnostics market report also takes into account strategic profiling of the major players in the market, all-inclusive analysis of their basic competencies, and hence keeps competitive landscape of the market in front of the client.
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Global Veterinary Diagnostics Market was valued at USD 2.6 Billion in 2021 and is expected to reach USD 5.01 Billion by 2029, registering a CAGR of 8.55% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Veterinary Diagnostics Market Dynamics
• DriversAnimal-derived food products
The increase in the demand for animal-derived food products acts as one of the major factors driving the growth of veterinary diagnostics market.
• Incidence of Transboundary
The surge in the incidence of transboundary and zoonotic diseases among animals accelerate the market growth.
• Number of Veterinary Practitioners
The rise in number of veterinary practitioners and their rising income levels in developed economies further influence the market.
Opportunities
Furthermore, use of PCR testing panels to rule out COVID-19 virus in animals extend profitable opportunities to the market players in the forecast period of 2022 to 2029.
Some of the major players operating in the Veterinary Diagnostics Market are:
 Almac (UK)
 Element Materials Technology Group Limited (UK)
 Eurofins Scientific (France)
 PPD Development, LP (US)
 Source BioScience (UK)
 Intertek Group plc (UK)
 Laboratory Corporation of America (US)
 BioReliance Corporation (US)
 Charles River Laboratories (US)
 WuXi AppTec (China)
 Anacura (Belgium)
 LGC Ltd (UK)
 Medpace Hldgs (US)
 Syneos Health (US)
 PRA Health Sciences (US)
 STERIS plc (US)
 Merck Group KGaA (Germany)
 PPD, Inc. (US)
Recent Developments
Heska Corporation acquired Lacuna Diagnostics in January’2021. This acquisition aims at strengthening the company’s portfolio of telemedicine services and point-of-care digital cytology technology.
Table of Contents:
1. Introduction
2. Market Segmentation
3. Executive Summary
4. Premium Insights
5. Global Veterinary Diagnostics Market: Regulations
6. Market Overview
7. Global Veterinary Diagnostics Market, By Type
8. Global Veterinary Diagnostics Market, By Application
9. Global Veterinary Diagnostics Market, By End User
10. Global Veterinary Diagnostics Market, By Distribution Channel
11. Global Veterinary Diagnostics Market, By Region
12. Global Veterinary Diagnostics Market: Company Landscape
13. SWOT Analyses
14. Company Profile
15. Questionnaires
16. Related Reports
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Healthcare Infrastructure growth Installed base and New Technology Penetration
The veterinary diagnostics market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for veterinary diagnostics market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the veterinary diagnostics market.
The report provides insights on the following pointers:
• Market Penetration: Comprehensive information on the product portfolios of the top players in the Veterinary Diagnostics Market
• Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market
• Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market
• Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Veterinary Diagnostics Market
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