Veterinary Infectious Disease Diagnostics Market Size, Share, Outlook, Opportunities And Strategies

Overview and Scope

The veterinary infectious disease diagnostics refer to diagnostic services that are used for the identification of infectious diseases in animals. These are the sets of infectious diseases and the factors that impact the health of livestock, domestic animals, and wildlife. Veterinary diagnostics has become essential to ensure the overall well-being of animals. These diagnose the infections caused in all types of animals.

Sizing and Forecast

The veterinary infectious disease diagnostics market size has grown strongly in recent years. It will grow from $1.77 billion in 2023 to $1.95 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%.  The  growth in the historic period can be attributed to increasing pet ownership, rising awareness, government initiatives.

The veterinary infectious disease diagnostics market size is expected to see strong growth in the next few years. It will grow to $2.82 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%.  The growth in the forecast period can be attributed to emerging diseases, increased research and development, globalization of veterinary practices, growing livestock population. Major trends in the forecast period include technological innovations, rapid adoption of point-of-care testing, integration of molecular diagnostics, digitalization in veterinary healthcare, expansion of product portfolios, collaborations and partnerships, customized diagnostics for different animal species.

To access more details regarding this report, visit the link:
https://www.thebusinessresearchcompany.com/report/veterinary-infectious-disease-diagnostics-global-market-report

Segmentation & Regional Insights

The veterinary infectious disease diagnostics market covered in this report is segmented –

1) By Infection Type: Viral Infections, Bacterial Infections, Parasitic Infections, Other Infections

2) By Animal Type: Companion Animal, Food-Producing animals

3) By Technology: Immunodiagnostics, Molecular Diagnostic, Other Technologies

4) By End User: Reference Laboratories, Veterinary Hospitals and Clinics, Point of Care, Research Institutes and Universities, Other End Users

North America was the largest region in the veterinary disease diagnostics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the veterinary infectious disease diagnostics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Intrigued to explore the contents? Secure your hands-on sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6574&type=smp

Major Driver Impacting Market Growth

The increasing incidence of transboundary and zoonotic diseases such as rabies is expected to propel the growth of the veterinary infectious disease diagnostics market going forward. Zoonoses are diseases and infections that are transferred spontaneously between humans and vertebrate animals. Veterinary infectious disease diagnostics are used to detect rabies in pets and animals. These devices are used to prevent animals from causing death. For instance, in 2021, according to the World Health Organization (WHO), a Swiss-based government agency, rabies disease was found in over 150 nations and territories. Dogs are the most common source of human rabies deaths, accounting for up to 99% of all rabies transmissions. Children under the age of 15 make up 40% of those bitten by suspected rabid animals. Infection kills tens of thousands of people every year, mostly in Asia and Africa. Therefore, the increasing incidence of transboundary and zoonotic diseases is driving the growth of the veterinary infectious disease diagnostics market.

Key Industry Players

Major companies operating in the veterinary infectious disease diagnostics market report are Zoetis Inc., IDEXX Laboratories Inc., Thermo Fisher Scientific Inc., QIAGEN N. V., IDvet, NEOGEN Corporation, INDICAL BIOSCIENCE GmbH, Randox Laboratories Ltd, Creative Diagnostics, Heska Corporation, Chembio Diagnostics Inc., URIT Medical Electronic Co. Ltd., NTBIO Diagnostics Inc., Bio-X Diagnostics, Agrolabo Spa, Virbac, Covetrus Inc., Biomerieux S. A., Bio-Rad Laboratories Inc., Eurofins Scientific SE, Fujifilm Wako Pure Chemical Corporation, GenScript Biotech Corporation, Merck KGaA, MP Biomedicals LLC, Quidel Corporation, Roche Diagnostics Corporation, Siemens Healthineers AG, Sysmex Corporation, VCA Inc., Vetoquinol SA

The veterinary infectious disease diagnostics market report table of contents includes:

1. Executive Summary
2. Veterinary Infectious Disease Diagnostics Market Characteristics
3. Veterinary Infectious Disease Diagnostics Market Trends And Strategies
4. Veterinary Infectious Disease Diagnostics Market – Macro Economic Scenario
5. Global Veterinary Infectious Disease Diagnostics Market Size and Growth

.

.

.

31. Global Veterinary Infectious Disease Diagnostics Market Competitive Benchmarking
32. Global Veterinary Infectious Disease Diagnostics Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Veterinary Infectious Disease Diagnostics Market
34. Veterinary Infectious Disease Diagnostics Market Future Outlook and Potential Analysis
35. Appendix

Explore the trending research reports from TBRC:

Top 5 Major Key Players Are:

• Zoetis Inc
• IDEXX Laboratories Inc
• Thermo Fisher Scientific Inc
• QIAGEN N. V
• IDvet

Contact Us:

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 88972 63534

Americas: +1 315 623 0293

Email: info@tbrc.info

 

Follow Us On:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

Twitter: https://twitter.com/tbrc_info

Facebook: https://www.facebook.com/TheBusinessResearchCompany

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Blog: https://blog.tbrc.info/

Healthcare Blog: https://healthcareresearchreports.com/

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model