Veterinary Diagonistics Market Size, Share and Forecast (2019-2026)
Global Veterinary Diagnostics Market is segmented By Product Type (Analyzers, Consumables), By Technology (ELISA, Radioimmunoassay, Rapid Test, Others), By Animal Type (LiveStock (Cattle, Pigs, Poultry, Others), Companion (Feline, Canine, Equine, Others))
(EMAILWIRE.COM, March 23, 2020 ) Market Overview
• The Global Veterinary Diagnostics market was valued at USD xx million in 2016 and is forecasted to reach USD xx million by 2025, with a CAGR of 8.90% during the forecast period (2018-2025).
Market Growth
• The Veterinary Diagnostic is the medical testing for infectious agents, toxins, and other causes of disease in animals. The market is impacted by several factors. Increase in pet adoption in both developed and developing countries is one the primary driving factor for Veterinary Diagnostics Market.
What are the critical application segments of Veterinary Diagnostics Market?
Increasing Pet Ownership:
• Growing Awareness towards animal health has led to an increase in demand for advanced veterinary diagnostic technologies.
• According to a household survey, held between 1996 and 2012 spending on pet health care rose faster by over 60% compared to 49%. Globally, 57% of consumers own pets (according to more than 27,000 online consumers whom GfK surveyed in 22 countries).
• It is estimated that the total American pet industry expenditure for 2017 will reach 70 billion, up from 67 billion in 2016. Supplies, over the counter medicine, and vet care accounted for just over 30 billion of 2016.
• Part of the reason behind the increased spending on pet care is the rise in the number of households that have a pet. The name has risen steadily to the point that 62% of American families now own at least one pet.
• US Pet Expenditure continues to rise from 2004-2015 as an increase in pet adoptions. Overall support for shelters and animal welfare organizations has grown over the last few years and will continue to gain momentum throughout 2014.
• According to Bob Vetere, president, and CEO of the American Pet Product Association, Americans spent a record 15.4 billion on vet services last year, up from 8.6 billion in 2005.
• Globally, a rise in pet adoption rates is profoundly influencing the growth of veterinary diagnostics due to the humanization of pets.
The scope of this report
The report covers the factors impacting the market, Porter 5 Forces, Market Share Analysis, Price trend analysis, Product Benchmarking, and company profiles.
Veterinary Diagnostics Market is segmented based on
By Product Types
• Analyzers
• Consumables
By Animal Types
• Livestock
• Companion
• By Technology
• Enzyme-Linked Immunosorbent Assay (ELISA)
• Radioimmunoassay
• Rapid Test
• Others.
Based on Applications
• Infectious Disease
• Autoimmune Disorder
• Endocrinology& Oncology
• Bone and Mineral Diseases
• Others.
By End User
• Reference Laboratories
• Academic and Research Institutes
• Veterinary Hospitals & Clinics
• Point of care/ In-house testing.
Geographical Analysis
• North America
• Europe
• South America
• Asia Pacific
• The Middle East and Africa
Key Players
The report profiles the following companies, which includes
• Pfizer
• Thermo Fisher Scientific
• Henry Schein
• Virbac
• Others
View full report: https://www.datamintelligence.com/research-report/veterinary-diagnostics-market
Download free sample: https://www.datamintelligence.com/download-sample/veterinary-diagnostics-market
About Us
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: info@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
• The Global Veterinary Diagnostics market was valued at USD xx million in 2016 and is forecasted to reach USD xx million by 2025, with a CAGR of 8.90% during the forecast period (2018-2025).
Market Growth
• The Veterinary Diagnostic is the medical testing for infectious agents, toxins, and other causes of disease in animals. The market is impacted by several factors. Increase in pet adoption in both developed and developing countries is one the primary driving factor for Veterinary Diagnostics Market.
What are the critical application segments of Veterinary Diagnostics Market?
Increasing Pet Ownership:
• Growing Awareness towards animal health has led to an increase in demand for advanced veterinary diagnostic technologies.
• According to a household survey, held between 1996 and 2012 spending on pet health care rose faster by over 60% compared to 49%. Globally, 57% of consumers own pets (according to more than 27,000 online consumers whom GfK surveyed in 22 countries).
• It is estimated that the total American pet industry expenditure for 2017 will reach 70 billion, up from 67 billion in 2016. Supplies, over the counter medicine, and vet care accounted for just over 30 billion of 2016.
• Part of the reason behind the increased spending on pet care is the rise in the number of households that have a pet. The name has risen steadily to the point that 62% of American families now own at least one pet.
• US Pet Expenditure continues to rise from 2004-2015 as an increase in pet adoptions. Overall support for shelters and animal welfare organizations has grown over the last few years and will continue to gain momentum throughout 2014.
• According to Bob Vetere, president, and CEO of the American Pet Product Association, Americans spent a record 15.4 billion on vet services last year, up from 8.6 billion in 2005.
• Globally, a rise in pet adoption rates is profoundly influencing the growth of veterinary diagnostics due to the humanization of pets.
The scope of this report
The report covers the factors impacting the market, Porter 5 Forces, Market Share Analysis, Price trend analysis, Product Benchmarking, and company profiles.
Veterinary Diagnostics Market is segmented based on
By Product Types
• Analyzers
• Consumables
By Animal Types
• Livestock
• Companion
• By Technology
• Enzyme-Linked Immunosorbent Assay (ELISA)
• Radioimmunoassay
• Rapid Test
• Others.
Based on Applications
• Infectious Disease
• Autoimmune Disorder
• Endocrinology& Oncology
• Bone and Mineral Diseases
• Others.
By End User
• Reference Laboratories
• Academic and Research Institutes
• Veterinary Hospitals & Clinics
• Point of care/ In-house testing.
Geographical Analysis
• North America
• Europe
• South America
• Asia Pacific
• The Middle East and Africa
Key Players
The report profiles the following companies, which includes
• Pfizer
• Thermo Fisher Scientific
• Henry Schein
• Virbac
• Others
View full report: https://www.datamintelligence.com/research-report/veterinary-diagnostics-market
Download free sample: https://www.datamintelligence.com/download-sample/veterinary-diagnostics-market
About Us
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: info@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
Contact Information:
DataM Intelligence
Sai Kiran
Tel: +1 877 441 4866
Email us
----
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DataM Intelligence
Sai Kiran
Tel: +1 877 441 4866
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results