#Veterinary Urinalysis Market Share

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[industryinsightsandanalysis]

Veterinary Diagnostics Market Size, Share, Growth & Forecast (2021-2027)

The Global Veterinary Diagnostics Market is projected to reach a valuation of US$ 6.14 billion by 2027, expanding at a robust CAGR of 9.4% from its 2020 value of US$ 3.25 billion. Veterinary diagnostics involve screening for underlying diseases in healthy animals and aiding veterinarians in monitoring disease progression or treatment response.

Several factors are propelling the growth of the Global veterinary diagnostics market, notably the increasing global pet population. In 2021, there were over 900 million dogs and approximately 600 million cats worldwide, with these numbers continually rising. The trend of pet adoption is driven by rapid urbanization and the shift toward nuclear families. The United Nations projects that by 2050, 68% of the world’s population will live in urban areas, up from 55% in 2018.

The rise in per capita income, leading to higher disposable income and improved living standards, is another key factor driving market growth. Increased spending on pet health, combined with rising disposable incomes, further boosts the market. For example, India's per capita income increased from Rs 72,805 in FY15 to Rs 94,954 in FY19, marking a 30% rise over six years.

Additionally, the growing demand for animal-derived food and the rising incidence of zoonoses worldwide are significant contributors to market growth. In India, 816 out of 1407 human pathogens are zoonotic. Major zoonotic diseases include rabies, brucellosis, Japanese Encephalitis, plague, leptospirosis, Scrub typhus, Nipah, trypanosomiasis, Kyasanur forest disease, and Crimean-Congo hemorrhagic fever. In 2018, India reported 110 cases of rabies, 1674 cases of JE, and 14971 cases of H1N1. Regular monitoring and testing of animals are essential to prevent these diseases, thereby augmenting the veterinary diagnostics market.

For a detailed analysis of the veterinary diagnostics market, browse through – https://univdatos.com/report/veterinary-diagnostics-market

The COVID-19 pandemic has had a positive impact on the veterinary diagnostics market globally, with an increase in pet ownership due to lockdown restrictions. According to the European Pet Food Federation, spending on pet services and products rose by 7.6% to 21.2 billion during the pandemic. Additionally, the pandemic has increased testing volumes for both animals and humans, further driving market growth.

Major players in the market include Idexx Laboratories, Thermo Fisher Scientific, Zoetis Inc, Virbac, Randox, Qiagen, Neogen, Heska Corporation, Abaxis, and Bio-rad Laboratories. These companies are engaging in mergers, acquisitions, and partnerships to strengthen their presence in various regions.

The market is segmented by product into consumables and instruments. The consumables segment dominated the global veterinary diagnostics market, while the instruments segment is also expected to grow significantly, driven by increased R&D expenditure and the launch of advanced diagnostics instruments. For instance, in September 2020, Zoetis launched Vetscan Imagyst, a diagnostic platform combining image recognition technology, algorithms, and cloud-based AI to deliver accurate testing results.

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Based on technology, the market is divided into immunodiagnostics, clinical biochemistry, molecular diagnostics, hematology, urinalysis, and other technologies. The immunodiagnostics segment dominated the market in 2020 and is expected to grow rapidly due to the increasing prevalence of animal-borne diseases like rabies, Zika virus, and coronavirus.

The report also provides a regional analysis of the global veterinary diagnostics market, including North America (United States, Canada, and the Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and Rest of APAC), and Rest of the World. North America led the market, generating substantial revenue in 2020, driven by a high number of pet owners and a high degree of urbanization. Asia-Pacific is also identified as a high-growth market with significant opportunities for major players in veterinary diagnostics.

[nikhilghodse20051994]

Companion Animal Diagnostics Market Forecast, Trend, Analysis 2028

According to the latest study on “Companion Animal Diagnostics Market Forecast to 2027 - Covid-19 Impact and Global Analysis by Technology, Application, Animal Type, and End User", the global companion animal diagnostics market was valued at US$ 2,031.62 million in 2019 and is projected to reach US$ 2,684.86 million by 2027; it is expected to grow at a CAGR of 4.1% during 2020–2027. The report highlights trends prevailing in the global companion animal diagnostics market and the factors driving market along with those that act as hindrances.

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The companion animal diagnostics market is expected to grow owing to factors such as growing prevalence of chronic diseases in pet animals and increasing adoption of pets for companionship. However, increasing pet care costs and extended pet lifespan are likely to restrain the growth of the market during the forecast period.

Zoetis Inc., IDEXX laboratories, Inc, Thermo Fisher Scientific Inc, Virbac, Randox Laboratories Ltd, idvet, IDEXX Laboratories, Inc, Heska Corporation, Fujifilm Corporation, and Skyla Corporation are among the leading companies operating in the companion animal diagnostics market.

Based on technology, the global companion animal diagnostics market is segmented into immunodiagnostics, clinical biochemistry, hematology, urinalysis, molecular diagnostics, and others. The immunodiagnostics segment is further sub-segmented into lateral flow assays, Elisa tests, allergen-specific immunodiagnostic tests, and immunoassay analyzers. Whereas the clinical biochemistry is sub-segmented into clinical chemistry analysis, glucose monitoring, and blood gas electrolyte analysis. The immunodiagnostics segment held a largest share of the market in 2019. However, the clinical biochemistry segment is estimated to register a higher CAGR during the forecast period owing to increasing adoption of clinical chemistry analysis, glucose monitoring, and blood gas electrolyte analysis products.

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The report segments global companion animal diagnostics Market as follows:

By Technology

Immunodiagnostics

Lateral Flow Assays

Elisa Tests

Allergen-Specific Immunodiagnostic Tests Diagnostics

Immunoassay Analyzers

Clinical Biochemistry

Clinical Chemistry Analysis

Glucose Monitoring

Blood Gas Electrolyte Analysis

Hematology

Urinalysis

Molecular Diagnostics

Others

By Application

Bacteriology

Clinical Pathology

Virology

Parasitology

Others

By Animal Type

Dogs

Cats

Horses

Others

By End User

Diagnostic Laboratories

Veterinary Hospitals and Clinics

Research Institutes and Universities

By Geography

North America

US

Canada

Mexico

Europe

France

Germany

UK

Spain

Italy

Asia Pacific (APAC)

China

India

Japan

Australia

South Korea

Middle East and Africa (MEA)

Saudi Arabia

UAE

South Africa

South and Central America (SCAM)

Brazil

Argentina

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[metiresearchinfo]

COMPANION ANIMAL DIAGNOSTICS MARKET WORTH $7.39 BILLION BY 2029

Meticulous Research®– leading global market research company published a research report titled “Companion Animal Diagnostics Market by Product [Consumables (Leukemia, Heartworm, Influenza), System, Software], Technology [ELISA, PCR, Hematology, Urinalysis], Animal Type [Canine, Feline], End User (Point of Care, Hospital) - Global Forecast to 2029”.

According to this latest publication from Meticulous Research®, the global companion animal diagnostics market is expected to grow at a CAGR of 9.8% from 2022 to reach $7.39 billion by 2029. The high growth of the companion animal diagnostics market is mainly attributed to the rising prevalence of diseases in companion animals, increasing animal health expenditure and pet insurance in developed countries, and technological advancements in veterinary diagnostics. Moreover, emerging countries provide growth opportunities for players operating in the companion animal diagnostics market. However, the increasing pet care costs in developed countries is restraining this market's growth.

The global companion animal diagnostics market study presents historical market data in terms of values (2020 and 2021), estimated current data (2022), and forecasts for 2029- by Product [Consumables (Heartworm, Leukemia, Influenza), System, Software], Technology [Immunodiagnostics, Molecular Diagnostics, Hematology, Urinalysis, Clinical Biochemistry, Other Technologies], Animal Type [Canine, Feline, Other Companion Animals), End User (Reference Lab, Veterinary Hospital, PoC Testing], and Geography. The study also evaluates industry competitors and analyzes the regional and country markets.

Based on product, in 2022, the consumables segment is estimated to account for the largest share of the companion animal diagnostics market. The large share of this segment is mainly attributed to the frequent use and availability of a diverse range of reagents and consumables for various diseases. Apart from this, the growing awareness regarding regular animal health check-ups and the emergence of various POC tests and assays are further expected to expand the portfolio of these consumables for early diagnosis.

Based on technology, the immunodiagnostics segment is estimated to account for the largest share of this market in 2022. Factors contributing to the large share of this segment include the growing adoption of diagnostic products based on immunodiagnostic technology and the development of advanced diagnostic immunoassay tests.

Based on animal type, the canines segment is estimated to account for the largest share of the market in 2022. The increasing canine population as pets and the prevalence of diseases such as diabetes are expected to propel the growth of this segment.

Based on end user, the companion animal diagnostics market is segmented into veterinary hospitals, reference laboratories, and point-of-care testing. in 2022, the reference laboratories segment is estimated to account for the largest share of the companion animal diagnostics market.

This research report analyzes major geographies and provides a comprehensive analysis of North America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain, and the Rest of Europe), Asia-Pacific (Japan, China, India, and RoAPAC), Latin America, and Middle East & Africa. North America is estimated to dominate the global companion animal diagnostics market in 2022, followed by Europe and Asia-Pacific. The increasing awareness of animal disease diagnosis, rising number of veterinarians, and increased spending on the healthcare of pet animals in the region supported the largest share of North America in the companion animal diagnostics market.

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The key players operating in the global companion animal diagnostics market are IDEXX Laboratories, Inc. (U.S.), Zoetis Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), Heska Corporation (U.S.), Bio-Rad Laboratories, Inc. (U.S.), bioMérieux S.A. (France), INDICAL BIOSCIENCE GmbH (Germany), Agrolabo SpA (Italy), Neogen Corporation (U.S.), and IDvet (France), among others.

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[healthinfotech]

Companion Animal Diagnostics Market Projected to Reach US$ 2,684.86 million by 2027

The companion animal diagnostics market was valued at US$ 2,031.62 million in2019 and is projected to reach US$ 2,684.86 million by 2027; it is expected to grow at a CAGR of 4.1%from 2020to 2027.

The companion animal diagnostics market offerings deal with the epidemiology and pathogenesis of domestic animals and facilitate the prevention of further complications with the health of pets and their owners. The companion animal diagnostics market is expected to witness huge growth due to growing prevalence of chronic diseases in pet animals and increasing adoption of pets for companionship. However, increasing pet care costs and extended pet lifespan are expected to restrain the growth of the market during the forecast period.

 Growing Prevalence of Chronic Diseases in Pet Animals

Similar to humans, animals too suffer from chronic diseases. Arthritis and other orthopedic conditions, chronic kidney disease, cancer, hepatitis and other liver diseases, skin allergies, diabetes mellitus, inflammatory bowel disease, and thyroid disorders are among the common chronic diseases in pets. Cancer is widespread in animals and affects pet as well as wild animals. Animals have been diagnosed with various types of cancer till date, which have symptoms similar to humans, including weight loss, abnormal swelling, and lethargy. As per the veterinary cancer society, cancer is a leading cause of death in 47% of dogs, especially in dogs of age >10 years, and 32% of cats. Further, FETCH a Cure, a nonprofit organization, has estimated that over 6 million dogs and ~6 million cats would be diagnosed with cancer in 2020. Furthermore, as per the Pet Cancer Facts and Figures, one in four dogs and one in five cats develop cancer in their lifetime. According to the association for pet obesity prevention (APOP), in 2018, ~55.8% of dogs and 59.5% of cats in the US were overweight or obese.

Based on technology, the global companion animal diagnostics market is segmented into immunodiagnostics, clinical biochemistry, hematology, urinalysis, molecular diagnostics, and others. The immunodiagnostics segment is further sub-segmented into lateral flow assays, Elisa tests, allergen-specific immunodiagnostic tests, and immunoassay analyzers. Whereas the clinical biochemistry is sub-segmented into clinical chemistry analysis, glucose monitoring, and blood gas electrolyte analysis. The immunodiagnostics segment held a largest share of the market in 2019. However, the clinical biochemistry segment is estimated to register a higher CAGR during the forecast period owing to increasing adoption of clinical chemistry analysis, glucose monitoring, and blood gas electrolyte analysis products.

 The companion animal diagnostics market is expected to grow owing to factors such as growing prevalence of chronic diseases in pet animals and increasing adoption of pets for companionship. However, increasing pet care costs and extended pet lifespan are likely to restrain the growth of the market during the forecast period.

 Zoetis Inc., IDEXX laboratories, Inc, Thermo Fisher Scientific Inc, Virbac, Randox Laboratories Ltd, idvet, IDEXX Laboratories, Inc, Heska Corporation, Fujifilm Corporation, and Skyla Corporation are among the leading companies operating in the companion animal diagnostics market.

[healthcare-market]

Companion Animal Diagnostics Market Growth to be Affected by Consolidation of Leading Vendors

Transparency Market Research (TMR) has published a new report on the companion animal diagnostics market for the forecast period of 2019–2027. According to the report, the global companion animal diagnostics market was valued at ~US$ 2.3 Bn in 2018 and is projected to expand at a CAGR of ~9% from 2019 to 2027.

Global Companion Animal Diagnostics Market: Overview

· Expansion of the global companion animal diagnostics market can be attributed to a rise in the incidence of obesity and other diseases in companion animals and increasing pet ownership.

· North America dominated the global companion animal diagnostics market in 2018, and the trend is anticipated to continue during the forecast period. Highly structured healthcare industry, early new product adoption, and presence of major market players are expected to drive the market in North America.

· Asia Pacific is expected to be a highly lucrative market for companion animal diagnostics, expanding at a high CAGR during the forecast period.

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Clinical biochemistry to Dominate Companion Animal Diagnostics Market

· The clinical biochemistry segment dominated the global companion animal diagnostics market in 2018, and the trend is likely to continue during the forecast period. Clinical biochemistry tests refer to blood tests or lab tests that help gain information about the health of the companion animal. Clinical biochemistry also includes glucose analysis, electrolyte analysis and others. Increasing demand and popularity of chemistry analyzers and glucose monitoring devices in disease diagnosis drives the segment. Moreover, the high preference for various advanced clinical diagnostic products by veterinarians, pet owners, and laboratory technicians is likely to fuel the clinical biochemistry segment in the next few years.

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Companion Animal Diagnostics Market: Clinical Pathology to Offer Lucrative Opportunities

· In terms of application, the global companion animal diagnostics market is divided into clinical pathology, bacteriology, parasitology, and others.

· The clinical pathology segment includes cytopathology, hematology, clinical chemistry, immunohematology, coagulation, urinalysis, endocrinology, and general pathology. The clinical pathology segment dominated the global companion animal diagnostics market due to a rise in the demand for diagnostic products and consumables needed to be used during pathology testing, and an increase the number of pathology tests performed on pets.

· Bacteriology is estimated to be a highly lucrative segment of the companion animal diagnostics market during the forecast period. Bacteriology refers to the diagnosis of various bacterial diseases and infection in companion animals. Bacteriology tests include bacterial pathogens testing in blood or serum samples, and aerobic and anaerobic culture testing.

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Veterinary Reference Laboratories Account for Major Market Share

· The veterinary reference laboratories segment dominated the global companion animal diagnostics market, in terms of revenue, in 2018. The trend is projected to continue during the forecast period. Increase in the number of veterinary reference laboratories across globe and availability of new advanced tests are likely to propel the segment. Furthermore, veterinary reference laboratories provide veterinary diagnostics to pet owners, and government-related programs or research collaborations are likely to boost the veterinary reference laboratories segment in the companion animal diagnostics market during the forecast period.

· Veterinary hospitals and clinics is projected to be the second-most lucrative segment of the global companion animal diagnostics market during the forecast period. The segment is expected to expand at a significant CAGR from 2019 to 2027, as veterinary hospitals and clinics provide diverse veterinary diagnostic services for companion animals, and also provide advanced diagnosis testing.

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North America to Dominate Global Companion Animal Diagnostics Market

· North America accounted for a major share of the global companion animal diagnostics market in 2018, owing to an increase in pet ownership, pet insurance, and presence of major manufacturers in the region. According to North American Pet Health Insurance Association (NAPHIA) reports, the total number of pets insured in the U.S. and Canada reached 2.43 million at year-end 2018, an increase of 17% from 2017.

· The companion animal diagnostics market in Asia Pacific is likely to expand at a high CAGR from 2019 to 2027. This can be attributed to an increase in the number of companion animals in countries such as China and Japan, improvement of healthcare infrastructure in terms of better facilities, and a rise in the demand for advanced products in the region.

Global Companion Animal Diagnostics Market: Competitive Landscape

· The global companion animal diagnostics market is fragmented in terms of number of players. Key players operating in the global companion animal diagnostics market include Heska Corporation, IDEXX Laboratories, Inc., Thermo Fisher Scientific, Inc., QIAGEN N.V., Zoetis, Inc., Neogen Corporation, bioMérieux SA, Randox Laboratories Ltd., and Virbac.

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[chemicalsmaterial]

Global Veterinary Reference Laboratory Market Scope and Growth

Global Veterinary Reference Laboratory Market will exhibit a CAGR of 15.2% for the forecast period of 2021-2028

 Global Veterinary Reference Laboratory Market Analysis and Insights:

The veterinary reference laboratory services market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 15.2% in the forecast period of 2021 to 2028. The growing number of pet adoption will help in escalating the growth of the veterinary reference laboratory market.

The veterinary reference laboratory is concentrated on producing high value animal health diagnostic testing and global services. These laboratories are able to accomplish advantageous quality conditions more regularly than in-clinic reference laboratory. The testing services offered by the reference laboratory cover the fields of hematology, clinical chemistry, urinalysis, endocrinology, microbiology, parasitology, serology, cytopathology, and histopathology.

 Global Veterinary Reference Laboratory Market Scope and Market Size:

Based on the type of animal, the veterinary reference laboratory market into companion animals, food-producing animals.

Based on the end user, the veterinary reference laboratory market into veterinary hospitals, veterinary clinics.

Based on the application, the veterinary reference laboratory market into clinical pathology, virology, bacteriology, parasitology, productivity testing, pregnancy testing, toxicology, others.

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  Global Veterinary Reference Laboratory Market Country Level Analysis:

The countries covered in the veterinary reference laboratory market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America..

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Major TOC of the Report:

Chapter One: Introduction

Chapter Two: Market Segmentation

Chapter Three: Market Overview  

Chapter Four: Executive Summary

Chapter Five: Premium Insight

Chapter Six: COVID-19 Impact on Global Veterinary Reference Laboratory     Market

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 Competitive Landscape and Veterinary Reference Laboratory Market Share Analysis:

The veterinary reference laboratory market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to veterinary reference laboratory market.

 Major Players:

 Boehringer Ingelheim International GmbH.

Sanofi

Idexx Laboratories

Incorporated

NEOGEN CORPORATION

Marshfield Clinic

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[rahulg1122]

Companion Animal Diagnostics Market Worth $3.0 Billion by 2025

According to the new market research report "Companion Animal Diagnostics Market by Technology (Immunodiagnostic, Clinical Biochemistry, Hematology, Urine Analysis), Application (Clinical Pathology, Virology, Bacteriology, Parasitology), Animal (Dog, Cat, Horse), End-User - Global Forecast to 2025", published by MarketsandMarkets™, the Companion Animal Diagnostics Market is projected to reach USD 3.0 billion by 2025 from an estimated USD 1.8 billion in 2020, at a CAGR of 9.8%. 

Browse in-depth TOC on "Companion Animal Diagnostics Market"

369 – Tables

37 – Figures   

283 – Pages

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The Factors such as the rising companion animal population, increasing demand for pet insurance, and the growth in the number of veterinary practitioners in developed countries are driving the growth of this market. Also, the growing demand for rapid tests and portable instruments for point-of-care services and the use of advanced technologies like machine learning is expected to offer potential growth opportunities for market players in the coming years. However, increasing pet care costs are expected to restrain market growth to a certain extent. 

Immunodiagnostics segment to account for the largest share of the Companion Animal Diagnostics Market in 2019

Based on technology, the market is segmented into immunodiagnostics, clinical biochemistry, hematology, urinalysis, molecular diagnostics, and other companion animal diagnostic technologies. These methods have been used clinically for decades in the veterinary industry, and are the only reliable option to test animals for several infectious diseases such as equine infectious anemia virus and feline immunodeficiency virus. Immunodiagnostic tests can identify the presence of antibodies to viruses that are inactive and no longer present in the body. These advantages are further used to widen the clinical applications of immunodiagnostic tests in the veterinary health market.

Clinical pathology segment to dominate the market, by application

Based on application, the market is segmented into clinical pathology, bacteriology, virology, parasitology, and other applications. In 2019, the clinical pathology segment was expected to account for the largest share of the market. Clinical pathology encompasses hematology, clinical chemistry, cytopathology, endocrinology, urinalysis, coagulation, immunohematology, and general pathology. In the case of chronic diseases, veterinarians recommend routine blood and urine check-ups where clinical pathologists work along with veterinarians to evaluate the cause of the disease. The rising volume of pathology tests performed is expected to increase the demand for diagnostic products and consumables for clinical pathology applications in the coming years.

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North America to dominate the global Companion Animal Diagnostics Market in 2019

North America is expected to account for the largest share of the market in 2019, followed by Europe. Factors such as the increasing adoption of companion animals, growing pet insurance industry, rising veterinary healthcare expenditure, and the growing number of veterinary practices are expected to drive the market in North America. The US is the largest market for companion animal diagnostics in the North American region, primarily due to the large and growing companion animal population in the country.

The key players operating in the Global Companion Animal Diagnostics Market, are IDEXX Laboratories, Inc. (US), Zoetis, Inc. (US), Thermo Fisher Scientific, Inc. (US), Virbac (France), Heska Corporation (US), Neogen Corporation (US), bioMérieux SA (France), IDvet (France), INDICAL Bioscience GmbH (Germany) [QIAGEN N.V. (Netherlands)], and Randox Laboratories Ltd. (UK).

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Veterinary Reference Laboratory Market by Service Type (Clinical Chemistry, Hematology, Immunodiagnostics, Molecular Diagnostics), Application (Pathology, Bacteriology, Virology, Parasitology), Animal (Dog, Cat, Cattle, Poultry, Pig) - Global Forecast to 2024

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[techscimarketresearch]

Veterinary CRO Market to grow at an Impressive CAGR During the Forecast Period | TechSci Research

Presence of NGOs working for the awareness of animal healthcare is driving the growth of Global Veterinary CRO Market in the forecast period.

According to TechSci Research report, “Global Veterinary CRO Market By Service Type (Clinical Trials, Toxicology, Market Authorization & Regulatory Support and Others) By Animal Type (Dogs, Cats and Others) By Application (Oncology, Infectious Diseases, Cardiovascular Diseases, Metabolic Disease, Others) By Region, Competition Forecast & Opportunities, 2026”, the global veterinary CRO market is projected to grow at an impressive CAGR in the forecast period, 2022-2026. The market is anticipated to grow on the backbone of increasing number of fatal diseases like eastern equine encephalitis which is a brain disorder in animals. Animals like reptiles, amphibians, and birds are highly affected by this disease and increasing demand for the treatment of such diseases is driving the global veterinary CRO market in the forecast period. Moreover, increasing animal farming for the by products is driving the growth of the global veterinary CRO market in the forecast period.

Veterinary contract research organizations (CROs) are organizational systems that help pharmaceutical and biopharmaceutical companies with their drug trials, data management, and performs long term and strategic role in developmental processes specifically for the veterinary medicines and treatment plans. These organizations are rapidly increasing, and the market is growing on the need to finding cure for terminal and unknown diseases in animals. Moreover, colleges and universities are actively promoting higher studies and doctoral research by the students which is boosting the growth of global veterinary contract research organization market in next five years.

Due to the onset of COVID-19 and urgency to find the cure, prevention, and containment of the virus drove the market growth to rise exponentially in 2020. Countries across the world were cumulatively putting in their effort to find the vaccine for the disease that caused millions of deaths in the span of few months. By the middle of the year, vaccines were already in for various phases of trial that boosted the growth of veterinary CROs multiple fold since the clinical trials include the trial of the drugs on animals before proceeding toward the human trials. The economy was adversely affected in many countries but a complete governmental focus and support from health industry itself resulted in the growth of the veterinary contract research organization market.

Browse over XX market data Figures spread through 110 Pages and an in-depth TOC on "Global Veterinary CRO Market"

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The global veterinary CRO market is segmented by service type, animal type, application, regional distribution, and competitional landscape. Based on animal type the market is further fragmented into cats, dogs, and others. Dogs are more susceptible to the diseases like eastern equine encephalitis therefore the veterinary CROs for the dogs is anticipated to dominate the market segment in the forecast period.

Based on application the market is further categorized into oncology, infectious diseases, cardiovascular diseases, metabolic disease, and others. Oncology applications are anticipated to hold the largest share of the market owing to the rising prevalence of cancer among dogs. Moreover, cardiovascular diseases are also anticipated to hold a significant market share in the next five years owing to the rising cases of cardiovascular diseases in dogs.

Some of the major competitors in the market are Charles River Laboratories, Inc., Clinvet International Pty Ltd., Klifovet AG, Lohlein & Wolf Vet Research LLC, Oncovet Clinical Research, ONDAX Scientific SL, Triveritas Ltd., Veterinary Research Management (VRM) Ltd, VetPharm, Inc., Vetspin Srl, among others.

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Customers can also request for 10% free customization on this report.

“North American region is anticipated to own almost one-third of the market share in the next five years. The healthcare industry in the region is of excellent standards. The increasing healthcare expenditures on the animals as well as the availability of the technologically advanced treatments and plans that are to be tested before providing them to the sick animals is driving the global veterinary CRO market in the upcoming five years,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based Global management consulting firm.

“Global Veterinary CRO Market By Service Type (Clinical Trials, Toxicology, Market Authorization & Regulatory Support and Others) By Animal Type (Dogs, Cats and Others) By Application (Oncology, Infectious Diseases, Cardiovascular Diseases, Metabolic Disease, Others) By Region, Competition Forecast & Opportunities, 2026”, has evaluated the future growth potential of global veterinary CRO and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global veterinary CRO.

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https://www.techsciresearch.com/report/india-animal-vaccine-market/5013.html

Global Companion Animal Diagnostics Market By Technology (Clinical Biochemistry, Clinical Chemistry Analysis, Glucose Monitoring, Blood Gas & Electrolyte Analysis, Immunodiagnostics, Hematology, Urinalysis, Others (Microbiology Tests and Histopathology Tests)), By Application (Clinical Pathology, Bacteriology, Virology, Parasitology, Others (Pregnancy Testing, Genetic Testing, and Toxicology Testing)), By Animal Type (Dogs, Cats, Horses, Other (Rabbits, Reptiles, Pet Fish, and Birds)), By End User (Veterinary Reference Laboratories, Veterinary Hospitals and Clinics, Point-of-care/In-house Testing, Research Institutes and Universities), By Region, Forecast & Opportunities, 2025

https://www.techsciresearch.com/report/companion-animal-diagnostics-market/5059.html

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Veterinary Diagnostics Market to Reach $5.38 Billion by 2027, Growing at a CAGR of 8.7% From 2020 With COVID-19 Impact - Meticulous Research® Analysis

The development of rapid, accurate, and sensitive diagnostic methods for detecting pathogens is the basis for treating, controlling, and eradicating infectious diseases of veterinary importance. Scientific and technological advancements have revolutionized the field of veterinary diagnostics. In efforts to deliver effective diagnostic products, manufacturers have started developing tests that require minimal time for testing and are more advanced than the available tests.

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Meticulous Research®, in its latest publication, titled “Veterinary Diagnostics Market by Product (Consumables, System, Software), Technology (Immunodiagnostics, PCR, Hematology, Urinalysis), Animal Type (Canine, Feline, Ruminant, Poultry), End User (Reference Lab, Veterinary Hospital) - Forecast to 2027”, states that the veterinary diagnostics market is expected to grow at a CAGR of 8.7% from 2020 to 2027 to reach $5.38 billion by 2027.

The growth of the overall veterinary diagnostics market is mainly attributed to the rising prevalence of zoonotic diseases, rising demand for livestock-derived food products, favorable government initiatives, increasing animal health expenditure, and technological advancements in veterinary diagnostics. Moreover, emerging countries provide increasing growth opportunities for players operating in the veterinary diagnostics market. However, increasing pet care cost is hindering the growth of this market to a certain extent.

Additionally, animals are being tested for the SARS-CoV-2 infection and to see whether the pet develops antibodies to this virus. Thus, the research on SARS-Cov-2 in animals is limited, but several studies are underway to learn more about coronavirus (COVID-19) infection in animals. This would lead to the development of various assays and kits for testing, which will lead to increase adoption of veterinary diagnostic products.

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To provide efficient analysis, Meticulous Research® has segmented this market by product (consumables, systems & software), technology (immunodiagnostics and PCR), animal type (canine, feline, ruminant, and poultry), end user (reference labs, veterinary hospitals, and point of care testing facilities), and geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa).

North America is estimated to command the largest share of the overall veterinary diagnostics market in 2020, closely followed by Europe and Asia-Pacific. However, Asia-Pacific region is slated to register the highest growth during the forecast period, primarily due to large population of livestock animals, rising incidence of various diseases in animals, and high demand for animal-derived food products.

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Based on technology, the immunodiagnostics segment is estimated to command the largest share of the overall veterinary diagnostics market in 2020. The growing adoption of diagnostic products based on the immunodiagnostic technology and development of advanced diagnostic immunoassay tests are some of the key factors driving the growth of this market.

On the basis of end user, reference laboratories are estimated to account for the largest share of the overall veterinary diagnostics market in 2020. Factors driving the growth of this segment are growing preference of diagnostic services offered by reference laboratories and increasing development of products through strategic alliances between laboratories and companies.

The key players operating in the global veterinary diagnostics market are IDEXX Laboratories, Inc. (U.S.), Zoetis Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), Heska Corporation (U.S.), Bio-Rad Laboratories, Inc. (U.S.), bioMérieux S.A. (France), INDICAL BIOSCIENCE GmbH (Germany), Agrolabo SpA (Italy), Neogen Corporation (U.S.), IDvet (France), and GD Animal Health (Netherlands) among others.

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/veterinary-diagnostics-market-5123/

Scope of the Report:

Veterinary Diagnostics Market, by Product

Consumables

Systems/Instruments

Software

Veterinary Diagnostics Market, by Technology

Immunodiagnostics

Lateral Flow Assays

ELISA

Other Immunodiagnostic Technologies (Other immunodiagnostic technologies include immunoassay analyzers, rapid immunoassays, and allergy-specific immunodiagnostic tests.)

Clinical Biochemistry

Molecular Diagnostics

Clinical Chemistry Analysis

Glucose Monitoring

Blood Gas & Electrolyte Analysis

PCR

Other Molecular Diagnostics Technologies (Other molecular diagnostic tests include microarrays and genetic testing.)

Hematology

Urinalysis

Other technologies (Other technologies include agar gel immunodiffusion, virus neutralization test, and hemagglutination inhibition.)

Veterinary Diagnostics Market, by Animal Type

Companion Animals

Canines

Felines

Other Companion Animals (Other companion animals include rabbits & parrots.)

Livestock Animals

Ruminants

Swine

Poultry

Other Livestock Animals (Other livestock animals include equine, fish, and other exotic animals.)

Veterinary Diagnostics Market, by End User

Reference Laboratories

Veterinary Hospitals

POC/In-house Testing

Research Institutes & Universities

Veterinary Diagnostics Market, by Geography

North America

Europe

Asia-Pacific (APAC)

Latin America

Middle East & Africa

U.S.

Canada

Germany

France

U.K.

Italy

Spain

Rest of Europe (RoE)

Japan

China

India

Rest of APAC (RoAPAC)

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Amidst this crisis, Meticulous Research® is continuously assessing the impact of COVID-19 pandemic on various sub-markets and enables global organizations to strategize for the post-COVID-19 world and sustain their growth. Let us know if you would like to assess the impact of COVID-19 on any industry here- https://www.meticulousresearch.com/custom-research.php

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Global Veterinary Reference Laboratory Market Analysis and Growth to 2028

Global Veterinary Reference Laboratory Market will exhibit a CAGR of 15.2% for the forecast period of 2021-2028

 Global Veterinary Reference Laboratory Market Analysis and Insights:

The veterinary reference laboratory services market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 15.2% in the forecast period of 2021 to 2028. The growing number of pet adoption will help in escalating the growth of the veterinary reference laboratory market.

The veterinary reference laboratory is concentrated on producing high value animal health diagnostic testing and global services. These laboratories are able to accomplish advantageous quality conditions more regularly than in-clinic reference laboratory. The testing services offered by the reference laboratory cover the fields of hematology, clinical chemistry, urinalysis, endocrinology, microbiology, parasitology, serology, cytopathology, and histopathology.

 Global Veterinary Reference Laboratory Market Scope and Market Size:

Based on the type of animal, the veterinary reference laboratory market into companion animals, food-producing animals.

Based on the end user, the veterinary reference laboratory market into veterinary hospitals, veterinary clinics.

Based on the application, the veterinary reference laboratory market into clinical pathology, virology, bacteriology, parasitology, productivity testing, pregnancy testing, toxicology, others.

Get full report here: https://www.databridgemarketresearch.com/reports/global-veterinary-reference-laboratory-market

  Global Veterinary Reference Laboratory Market Country Level Analysis:

The countries covered in the veterinary reference laboratory market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America..

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Major TOC of the Report:

Chapter One: Introduction

Chapter Two: Market Segmentation

Chapter Three: Market Overview  

Chapter Four: Executive Summary

Chapter Five: Premium Insight

Chapter Six: COVID-19 Impact on Global Veterinary Reference Laboratory     Market

 Get TOC here: https://www.databridgemarketresearch.com/toc/?dbmr=global-veterinary-reference-laboratory-market

 Competitive Landscape and Veterinary Reference Laboratory Market Share Analysis:

The veterinary reference laboratory market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to veterinary reference laboratory market.

 Major Players:

 Boehringer Ingelheim International GmbH.

Sanofi

Idexx Laboratories

Incorporated

NEOGEN CORPORATION

Marshfield Clinic

About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market.

Contact:

Data Bridge Market Research

Tel: +1-888-387-2818

Email: Sopan.gedam@databridgemarketresearch.com

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In Vitro Diagnostics (IVD) Market Overview, Challenges and Growth Opportunities Analysis till 2025

18th January 2021 – The global In Vitro Diagnostics (IVD) Market size is likely to reach USD 98.99 billion by 2025 and is anticipated to grow at a CAGR of 6.6% during the forecast period. In-Vitro diagnostics is an extensive range of veterinary and medical laboratory tests that are used to analyze diseases and constantly monitor the clinical status of patients using samples of blood, cells, or other tissues attained from a patient. Considering its driving factors, the growing geriatric population that is very much susceptible to diseases, needs constant diagnostic tests. Additionally, technological expansions in terms of precision, compactness, and cost-effectiveness are helping the market to fast-track the demand for In-Vitro diagnostics industry in the current scenario.

In addition to this, there is a continuous rise in the demand for Point-of-Care (PoC) devices and the improved technologies such as miniaturization of microfluidics, biochips, and nano-biotechnology are now being introduced, which are expected to boost the demand for PoC products. These improvements will eventually lead to an upsurge in the access to point-of-care diagnostic tests and are likely to facilitate rapid and effective test results and will aid the In-Vitro diagnostics market to experience massive growth during the forecast period.

Access In Vitro Diagnostics (IVD) Market Report with TOC @ https://www.millioninsights.com/industry-reports/in-vitro-diagnostics-ivd-market

The In Vitro diagnostics (IVD) industry is segmented on the basis of product & service (Reagents & Kits, Instruments, Fully-automated Instruments, Semi-automated Instruments, Others, Data Management Software, Services); Technology segment comprises (Immunochemistry/Immunoassay (Enzyme-Linked Immunosorbent Assay (ELISA), Chemiluminescence Immunoassay (CLIA), Fluorescence Immunoassay (FIA), Colorimetric Immunoassay (CI), Radioimmunoassays (RIA), Rapid Tests,Western Blot, ELISPOT), Clinical Chemistry (Basic Metabolic Panel, Electrolyte Panel, Liver Panel, Lipid Profile, Renal Profile, Thyroid Function Panel, Specialty Chemicals), Molecular Diagnostics (Polymerase Chain Reaction (PCR), Isothermal Nucleic Acid Amplification Technology (INAAT), Hybridization (In-situ Hybridization & FISH), DNA Sequencing & NGS, Microarray, Others), Microbiology, Hematology, Coagulation & Hemostasis, Urinalysis, Others);

Application category includes (Diabetes, Infectious Diseases, Oncology/Cancer, Cardiology, Nephrology, Autoimmune Diseases, Drug Testing/Pharmacogenomics, HIV/AIDS, Others); End user segmentation for In Vitro Diagnostics market includes (Laboratories (Large/Reference Laboratories, Medium-sized Laboratories, Small Laboratories), Hospitals, Academics, Point-Of-Care Testing, Patient Self-Testing, Others) and by region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa). Based on product, reagents & kits dominated the In Vitro diagnostics industry and held the highest market share as the usage of IVD testing has increased. Along with this, taking the technology insights into consideration, clinical chemistry controlled the market by generating higher revenue.

Geographically, North America is expected to dominate the IVD market as it holds the largest market share owing to the availability of government funds, and increase in the usage of molecular diagnostics in cancer screening and genetic disorders. Followed by this, Asia Pacific is likely to command the highest growth rate during the estimated time span due to the rise in the number of hospitals and an increase in healthcare expenditure. In the near future In-Vitro diagnostics (IVD) industry will continue to come up with some extraordinary product innovations to attract new consumers and investors, for them to continue the domination.

Some of the prominent key players outlined in the In-Vitro diagnostics (IVD) market report are Cepheid, Siemens Healthineers, Qiagen, bioMerieux SA, Sysmex Corporation, Hologic, Inc. (Gen-Probe), F. Hoffmann-La Roche Ltd., Becton, Dickinson and Company, Hologic, Inc. (Gen-Probe), Abbott, Alere and Danaher. All the leading companies are including mergers and acquisitions, partnerships and joint ventures to enhance the growth of the market efficiently.

Request a Sample Copy of In Vitro Diagnostics (IVD) Market Report @ https://www.millioninsights.com/industry-reports/in-vitro-diagnostics-ivd-market/request-sample

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Veterinary Laboratory Testing Market Report 2020 Key Company Profiles And Industry Size, Share, Analysis, Growth Prospects, Key Opportunities, Trends And Forecasts

Veterinary Laboratory Testing Market Analysis  

The global veterinary laboratory testing market is anticipated to grow at a 10.1% CAGR between 2018-2023, states the new Market Research Future (MRFR) report. Veterinary laboratory testing is the test that is carried out to detect a disease in any animal. The tests are done by collecting tissue samples, feces, and blood of the animal.  

Numerous factors are pushing the growth of the veterinary laboratory testing market. Such factors, according to the new Market Research Future report, include the rise in adoption of pets, favorable funding policies, advancements in healthcare facilities, rising number of veterinary practitioners, rising expenditure on pet insurance, increasing disposable income, and rising prevalence of zoonotic diseases.  

On the contrary, lack of awareness regarding veterinary laboratory testing, complications related to the tests, and the high price of veterinary testing are factors that may restrict the veterinary laboratory testing market growth during the forecast period.  

Veterinary Laboratory Testing Market Segmentation  

The Market Research Future report offers a complete segmental analysis of the global veterinary laboratory testing market based on end user, product, animal type, and technology.  

By animal type, the veterinary laboratory testing market is segmented into livestock animal and companion animal. The livestock animal segment is again segmented into poultry, pigs, cattle, and others. The companion animal segment is again segmented into horses, cats, dogs, and others.  

By technology, the veterinary laboratory testing market is segmented into urinalysis, molecular diagnostics, hematology, immunodiagnostics, clinical biochemistry, and others. The urinalysis segment is again segmented into urine test strips, urine analyzers, and urinalysis clips and panels/cartridges. The molecular diagnostics segment is again segmented into microarrays, polymerase chain reaction (PCR) tests, and others. The hematology segment is again segmented into hematology analyzers and hematology cartridges. The immunodiagnostics segment is again segmented into immunoassay analyzers, allergen-specific immunodiagnostic tests, lateral flow assays, ELISA tests, and others. The lateral flow assays segment is further segmented into lateral flow strip readers and lateral flow rapid tests. The clinical biochemistry segment is again segmented into blood gas & electrolyte analysis, glucose monitoring, and clinical chemistry analysis. The chemistry analysis segment is further segmented into chemical chemistry analyzers and clinical reagent clips & cartridges. The glucose monitoring segment is further segmented into urine glucose strips, glucose monitors, and blood glucose strips. The blood gas & electrolyte analysis segment is further segmented into blood gas and electrolyte analyzers and blood gas & electrolyte reagent chips and cartridges.  

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By product, the veterinary laboratory testing market is segmented into instruments and consumables.  

By end user, the veterinary laboratory testing market is segmented into diagnostic laboratories, research institutes, in-house testing, hospitals and clinics, and others.  

Veterinary Laboratory Testing Market Regional Analysis  

By region, the global veterinary laboratory testing market report covers the latest trends and growth opportunities across North America, Europe, the Asia Pacific (APAC), and the Middle East and Africa (MEA). Of these, North America will remain the driving force in the market during the forecast period. Numerous factors are propelling the growth of the global veterinary laboratory testing market in this region such as advancements in technology in veterinary diagnostics, rising cases of animal disease, growing awareness about laboratory-based diagnostic for pets, and burgeoning demand for animal diagnostic tests that are laboratory-based.  

The global veterinary laboratory testing market in Europe will hold the second-largest share in the market. Numerous factors are propelling the growth of the global veterinary laboratory testing market in this region, such as increasing expenditure on pet insurance, increasing awareness about veterinary laboratory testing, and numerous technological advancements.  

The global veterinary laboratory testing market in the Asia Pacific region will grow at the fastest pace during the forecast period for a huge number of animals, especially goat, buffalo, and cow suffering from different diseases.  

The global veterinary laboratory testing market in the MEA will have favorable growth during the forecast period for the burgeoning demand for veterinary diagnostic equipment that is cost-effective.  

Veterinary Laboratory Testing Market Key Players

Notable players profiled in the global veterinary laboratory testing market report include Zoetis, Inc., Virbac, VCA Inc., Thermo Fisher Scientific, Randox Laboratories, Ltd., Qiagen N.V., Pfizer, Neogen Corporation, Idvet, Idexx Laboratories, Heska Corporation, Henry Schein, Inc., Biomérieux SA, BIOCHECK Inc., and Abaxis, Inc. Key players have incorporated specific strategies to stay head and shoulders above others in the competition, such as collaborations, mergers and acquisitions, new product launches and innovations, research and development activities, joint ventures/partnerships, and more.

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Veterinary Urinalysis Product Market Report

On a global scale, the Veterinary Urinalysis Product market is currently showing significant development. The Veterinary Urinalysis Product market is experiencing a growth velocity due to the new product prototype versions, world market dynamics, topological variations, economic statistics, product demands and sales that is taking place in the present day. The innovative methods and market study have helped many of the major players , IDEXX Laboratories, Inc. (U.S.), Abaxis, Inc. (U.S.), Heska Corporation (U.S.), Neogen Corporation (U.S.), Zoetis, Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), QIAGEN N.V. (Netherlands), Virbac (France), IDVet (France), to carve a name for them in the competitive market. The plethora of Veterinary Urinalysis Product market analysis has helped detailed out each and every detail in a summary format for all the clients. 

  The informative report mentions every bifurcation of the product types, end-users, regions, market segmentation, and more in depth knowledge. The geographical segmentation clearly helps to understand the development and growth of the Veterinary Urinalysis Product market in various regions. The given Veterinary Urinalysis Product market report provides customers with current and forecast trends. 

Why Purchase this Report:

Analyzing the market outlook with the recent trends and SWOT analysis

Veterinary Urinalysis Product Market dynamics scenario with market growth opportunities in the future

Market segmentation analysis including qualitative and quantitative research incorporating the economic and non-economic impact

global and country level market analysis integrating the demand and sales that are influencing the market growth

Market value and volume data for each segment and sub-segment

Competitive landscape involving the market share of major players, along with strategies adopted by market players in the past five years

Comprehensive company profiles covering the product offerings, recent developments, key financial information, SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis, and strategies employed by major companies. 

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The key insights of the report:

The report provides key market statistics on the market status of the Veterinary Urinalysis Product manufacturers and is an important source of guidance and direction for individuals and companies interested in the industry.

The report provides industry overview including its definition, applications and manufacturing technology.

The report presents the company profile, product specifications, production value, capacity, and 2013-2019 market shares for key market players.

The total Veterinary Urinalysis Product market report is further divided by company, by application, by type and by country for the competitive landscape analysis.

The report estimates 2019-2025 market development trends of Veterinary Urinalysis Product industry.

Analysis of upstream raw materials, current market dynamics and downstream demand

The report makes some important proposals for a new project of Veterinary Urinalysis Product Industry before evaluating its feasibility. 

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Companion Animal Diagnostics Market worth $3.0 billion by 2025

The companion, animal diagnostics market, is projected to reach USD 3.0 billion by 2025 from an estimated USD 1.8 billion in 2020, at a CAGR of 9.8%. Factors such as the rising companion animal population, increasing demand for pet insurance, and the growth in the number of veterinary practitioners in developed countries are driving the growth of this market. Also, the growing demand for rapid tests and portable instruments for point-of-care services and the use of advanced technologies like machine learning is expected to offer potential growth opportunities for market players in the coming years. However, increasing pet care costs are expected to restrain market growth to a certain extent. 

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Immunodiagnostics segment to account for the largest share of the companion animal diagnostics market in 2019

Based on technology, the companion animal diagnostics market is segmented into immunodiagnostics, clinical biochemistry, hematology, urinalysis, molecular diagnostics, and other companion animal diagnostic technologies. These methods have been used clinically for decades in the veterinary industry, and are the only reliable option to test animals for several infectious diseases such as equine infectious anemia virus and feline immunodeficiency virus. Immunodiagnostic tests can identify the presence of antibodies to viruses that are inactive and no longer present in the body. These advantages are further used to widen the clinical applications of immunodiagnostic tests in the veterinary health market.

Clinical pathology segment to dominate the companion animal diagnostics market, by application

Based on application, the companion animal diagnostics market is segmented into clinical pathology, bacteriology, virology, parasitology, and other applications. In 2019, the clinical pathology segment was expected to account for the largest share of the companion animal diagnostics market. Clinical pathology encompasses hematology, clinical chemistry, cytopathology, endocrinology, urinalysis, coagulation, immunohematology, and general pathology. In the case of chronic diseases, veterinarians recommend routine blood and urine check-ups where clinical pathologists work along with veterinarians to evaluate the cause of the disease. The rising volume of pathology tests performed is expected to increase the demand for diagnostic products and consumables for clinical pathology applications in the coming years.

North America to dominate the global companion animal diagnostics market in 2019

North America is expected to account for the largest share of the companion animal diagnostics market in 2019, followed by Europe. Factors such as the increasing adoption of companion animals, growing pet insurance industry, rising veterinary healthcare expenditure, and the growing number of veterinary practices are expected to drive the companion animal diagnostics market in North America. The US is the largest market for companion animal diagnostics in the North American region, primarily due to the large and growing companion animal population in the country.

The key players operating in the global companion, animal diagnostics market, are IDEXX Laboratories, Inc. (US), Zoetis, Inc. (US), Thermo Fisher Scientific, Inc. (US), Virbac (France), Heska Corporation (US), Neogen Corporation (US), bioMérieux SA (France), IDvet (France), INDICAL Bioscience GmbH (Germany) [QIAGEN N.V. (Netherlands)], and Randox Laboratories Ltd. (UK).