Veterinary Diagnostics Market 2020-New Technological Change Helping Market, Size, Driver, Trends, Share And Forecasts By 2027, Leading Players are QIAGEN, Pfizer, Bio-Rad Laboratories, Virbac, Mindray DS USA, VCA
Global veterinary diagnostics market is registering a substantial CAGR of 8.76% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. The rise in the market can be attributed due to factors such as increasing awareness about animal healthcare, and increase in the number of veterinary practitioners drives the market growth.
The Veterinary Diagnostics Market report makes available a thoughtful overview of product specification, technology, product type and production analysis taking into account major factors such as revenue, cost, and gross margin. The report is sure to offer brilliant solution to the challenges and problems faced by industry. This market report comprises of extensive study about miscellaneous market segments and regions, emerging trends, major market drivers, challenges and opportunities in the market. This Veterinary Diagnostics Market document also displays the key developments in the industry with respect to current scenario and the approaching advancements.
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This Veterinary Diagnostics Market analysis report is a cautious investigation of current scenario of the market and future estimations which considers several market dynamics. Market research report acceptance is very essential for the business growth as it helps with the better decision making, enhancing revenue generation, prioritizing market goals & results in profitable business. It makes easy for ABC industry to visualize what is already available in the market, what market anticipates, the competitive environment & what should be done to surpass the competitor. The Veterinary Diagnostics Market report not only aids to save valuable time but also adds credibility to the work that has been done to grow the business.
Few of the major market competitors currently working in the global veterinary diagnostics market are IDEXX, Abaxis, NEOGEN CORPORATION, bioMérieux SA, Randox Laboratories Ltd., QIAGEN, Thermo Fisher Scientific, Heska Corporation, Zoetis, Covetrus, IDvet, Pfizer Inc., Bio-Rad Laboratories Inc., Virbac, Mindray DS USA Inc., VCA Inc., URIT MEDICAL ELECTRONIC CO. LTD., BPC Biosed srl, HORIBA Ltd., FUJIFILM Corporation, Alvedia and ACON Laboratories Inc. among others.
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Market Definition: Global Veterinary Diagnostics Market
Veterinary diagnostics refers to the test which determines the various disorders related to animals. These tests are done by taking feces, blood and tissue samples of animals. The innovations in the medical field which had been developed for veterinary diagnostics help determine the cause of the disease, so that proper treatment methods can be utilized for its treatment. The methods used in veterinary diagnostics are immunodiagnostics, molecular testing, hematology and clinical chemistry.
Veterinary Diagnostics Market Drivers :
- The companion animal population has surged which is driving the growth of the market
- The rising prevalence of animal zoonotic diseases is propelling the growth of the market
- Surging demand for animal-derived food products is fueling the growth of the market
- Increasing demand for pet insurance and growing animal health expenditure is boosting the growth of the market
- The number of veterinary practitioners and income levels have increased in the developed economies is contributing to the growth of the market
Veterinary Diagnostics Market : By Geography
- North America
- South America
- Middle East and Africa
Key Developments in the Veterinary Diagnostics Market:
- In June 2018, Pathway Vet Alliance has entered into a strategic partnership with Heska Corporation. It will enable the company to provide in-house operational services like a point of care blood diagnostics and allergy testing. This alliance will strengthen the company in terms of accuracy, precision, speed and ease to use.
- In May 2018, Zoetis has announced that it has acquired Abaxis which has enhanced the company’s market share in veterinary diagnostics. The acquisition will enable the company to accelerate the sales of its product in more than 100 countries which will increase the revenue of the company.
- Shifting Industry dynamics
- In-depth Veterinary Diagnostics Market segmentation
- Historical, current and projected industry size Recent industry trends
- Key Competition landscape
- Strategies for key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards market performance
- The report offers Veterinary Diagnostics Market share appraisals for regional and global levels
- To gain detailed overview of parent market
- Information about key drivers, restraints, opportunities, and their impact analysis on the Veterinary Diagnostics Market size has been provided.
- The study provides an in-depth analysis of the global Veterinary Diagnostics Market and current & future trends to elucidate imminent investment pockets.
- Identify growth segments and opportunities in the industry
Key Questions Answered in Global Veterinary Diagnostics Market Report
- What is the scope of growth of companies in the global Veterinary Diagnostics market?
- What will be the Y-o-Y growth of the global Veterinary Diagnostics market between 2020 and 2027?
- What is the influence of changing trends in technologies on the global Veterinary Diagnostics market?
- Will North America continue to be the most profitable market for Veterinary Diagnostics providers?
- Which factors will hamper the growth of the global Veterinary Diagnostics market during the forecast period?
- Which are the leading companies in the global Veterinary Diagnostics market?
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TABLE OF CONTENTS
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Market Landscape
• Market Ecosystem
• Market Characteristics
• Market Segmentation Analysis
Part 05: Pipeline Analysis
• Pipeline Analysis
Part 06: Market Sizing
• Market Definition
• Market Sizing
• Market Size And Forecast
Part 07: Five Forces Analysis
• Bargaining Power Of Buyers
• Bargaining Power Of Suppliers
• Threat Of New Entrants
• Threat Of Substitutes
• Threat Of Rivalry
• Market Condition
Part 08: Market Segmentation
• Market Opportunity
Part 09: Customer Landscape
Part 10: Regional Landscape
• Geographical Segmentation
• Regional Comparison
• North America
• South America
• Market Opportunity
Part 11: Decision Framework
Part 12: Drivers and Challenges
• Market Drivers
• Market Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
• Landscape Disruption
Part 15: Vendor Analysis
• Vendors Covered
• Vendor Classification
• Market Positioning Of Vendors
Part 16: Appendix
• List Of Abbreviations
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