#Veterinary Urinalysis Market Size
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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.
#Veterinary Diagnostics Market#Veterinary Diagnostics Market Size#Veterinary Diagnostics Market Share#Veterinary Diagnostics Market Growth
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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.
Sample PDF showcases the content structure and the nature of the information included in the report which presents a qualitative and quantitative analysis –
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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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.
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..
Get Sample Report here: https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-specimen-retrieval-market
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
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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.
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Veterinary Laboratory Testing Services Market - Global Key Players, Trends, Industry Size And Forecast 2025 | Pfizer Animal Health, Neogen Corporation
Veterinary Laboratory Testing Services Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact – both negative and positive – of COVID-19 on the veterinary laboratory testing services industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected veterinary laboratory testing services market growth numbers 2021-2030. View Complete Report: https://www.thebusinessresearchcompany.com/report/veterinary-laboratory-testing-services-global-market-report The Veterinary Laboratory Testing Services Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global veterinary laboratory testing services market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030. The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The Veterinary Laboratory Testing Services Global Market Report 2021 covers veterinary laboratory testing services market drivers, veterinary laboratory testing services market trends, veterinary laboratory testing services market growth rate, veterinary laboratory testing services market major players, player-adopted strategies in the market, and veterinary laboratory testing services market size. The global veterinary laboratory testing services market is expected to grow from $15.75 billion in 2020 to $17.83 billion in 2021 at a compound annual growth rate (CAGR) of 13.2%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $21.47 billion in 2025 at a CAGR of 4.8%. Request For The Sample Now: https://www.thebusinessresearchcompany.com/sample.aspx?id=2543&type=smp The report covers the veterinary laboratory testing services market segments- 1) By Technology: Clinical Biochemistry, Immunodiagnostics, Hematology, Molecular Diagnostics, Urinalysis, Others 2) By Animal Type: Pet Animals, Livestock 3) By End User: Veterinary Hospitals & Clinics, Diagnostic Laboratories, Research Institutes, In-House Testing, Others About The Business Research Company: The Business Research Company is a market intelligence firm that excels in company, market, and consumer research. Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology. It has offices in the UK, the US and India and a network of trained researchers in 20+ countries globally. Get a quick glimpse of our services here: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ Contact Information: The Business Research Company Europe: +44 207 1930 708 Asia: +91 88972 63534 Americas: +1 315 623 0293 Email: [email protected] Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company Follow us on Twitter: https://twitter.com/tbrc_info Check out our Blog: http://blog.tbrc.info/
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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"
https://www.techsciresearch.com/report/veterinary-cro-market/7376.html
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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India Animal Vaccine Market By Animal Type (Livestock, Swine, Poultry, Companion Animals, Others), By Technology (Inactive Vaccine, Live Attenuated Vaccine, Toxoid Vaccine, Recombinant Vaccine, Others), By Disease (Foot and Mouth Disease, New Castle Disease, Infectious Bronchitis, Infectious Bursal Disease, Fowl pox, Rabies, Others), By Route of Administration (Subcutaneous, Intramuscular, Intraocular, Oral, Others), By Distribution Channel (Veterinary Hospitals, Veterinary Clinics, Pharmacies), Competition, Forecast & Opportunities, FY2026
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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
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]
Website: https://www.techsciresearch.com/
For More Market Research Blogs Visit: https://techsciblog.com/
#TechSci#Market Research Reports#Global Veterinary CRO Market#healthcar#Veterinary CRO Market#Veterinary CRO Market Size#animal healthcare#Veterinary CRO Market Forecast
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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"
https://www.techsciresearch.com/report/veterinary-cro-market/7376.html
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.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=7376
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.
Browse Related Reports:
India Animal Vaccine Market By Animal Type (Livestock, Swine, Poultry, Companion Animals, Others), By Technology (Inactive Vaccine, Live Attenuated Vaccine, Toxoid Vaccine, Recombinant Vaccine, Others), By Disease (Foot and Mouth Disease, New Castle Disease, Infectious Bronchitis, Infectious Bursal Disease, Fowl pox, Rabies, Others), By Route of Administration (Subcutaneous, Intramuscular, Intraocular, Oral, Others), By Distribution Channel (Veterinary Hospitals, Veterinary Clinics, Pharmacies), Competition, Forecast & Opportunities, FY2026
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
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]
Website: https://www.techsciresearch.com/
For More Market Research Blogs Visit: https://techsciblog.com/
#TechSci#Market Research Reports#Global Veterinary CRO Market#healthcare#Veterinary CRO Market#veterinary cro market size#animal healthcare#Veterinary CRO Market Forecast
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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.
#Veterinary Laboratory Testing Market#Veterinary Laboratory Testing Market Size#Veterinary Laboratory Testing Market Share#Growth#Veterinary Laboratory Testing Market Analysis
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Veterinary Chemistry Analyzers Market Expanding At A CAGR Of 8.2% For The Forecast Period From 2018 To 2025: Grand View Research Inc.
Veterinary Chemistry Analyzers Market Expanding At A CAGR Of 8.2% For The Forecast Period From 2018 To 2025: Grand View Research Inc.
San Francisco, 28 Oct 2020: The Report Veterinary Chemistry Analyzer Market Analysis Report By Type (Benchtop, Portable), By Product, By Application (Blood Chemistry, Glucose Monitoring, Urinalysis, Blood Gas Analysis), By End-Use, And Segment Forecasts, 2018 – 2025
The global veterinary chemistry analyzers market size is expected to reach USD 1.3 billion by 2025, according to a new report by…
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In Vitro Diagnostics (IVD) Market Size, Share, Driving Factors, Challenges, Sales and Revenue Forecast to 2025
Felton, 3 December 2019 - 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.
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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);
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.
Market Segment:
In Vitro Diagnostics (IVD) Product Outlook (Revenue, USD Billion, 2014 - 2025)
• Instruments
• Reagents
• Services
In Vitro Diagnostics (IVD) Technology Outlook (Revenue, USD Billion, 2014 - 2025)
• Immunology
• Hematology
• Clinical chemistry
• Molecular Diagnostics
• Coagulation
• Microbiology
• Others
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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.
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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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Global Veterinary Diagnostics Market Size, Share, growth, Trends and Forecast 2021-2030
The Global Veterinary Diagnostics Market was valued at US$ XX Mn in 2017 and is expected to reach US$ XX Mn by 2022 growing at a CAGR of XX% during the forecast period. Technically, veterinary diagnostics are non-invasive (without involving the application of instruments) methods used to examine the symptoms and identify the appropriate diseases specifically in animals. The veterinary diagnostics methods are mainly the adaptation of the existing technologies meant for humans.The major end users for the market are hospitals and clinics, reference laboratories, universities/research centres etc.
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Market Dynamics
The following factors are significant in deciding the fate of the market: Market Drivers: Several disease outbreaks in animals, the appearance of new strains of pathogens and zoonotic diseases have increased the importance of this market. Animal meat of various forms is commonly eaten regularly in the diets globally. Several diseases get transmitted to the consumers due to these. The increasing demand of safe meat has led to the increase in the number of food producing animals and consequently the availing of these diagnostic services. This has been one of the major drivers for the market. Concern for the pets and treating them as family members has also boosted the market.
Market Restraints
Shift towards vegetarian diets has hindered the growth of the market in many places. Economic crises and ignorance of these diagnostic services in many economically and technologically backward regions is also a major challenge for the market. High cost of these procedures is also a setback.
Market Opportunities
Market opportunity mainly lies in the revamping the existing technologies, lowering the costs and educating more and more people about these services.
Market Segmentation
The market can be segmented into the following categories: On the basis of product: Instruments Consumables On the basis of technology: Clinical biochemistry Immunodiagnostics Hematology Molecular diagnostics Urinalysis Others On the basis of animal type: Livestock Companion animals On the basis of the geographic distribution of the markets: North America Latin America Asia Pacific Europe The Middle East and Africa
Geographic Analysis
North America dictates the global market followed by Europe and the Asia Pacific. However Asia Pacific is predicted to register the highest CAGR in the forecast period. Growth here is attributed mainly to the fast developing nations like India and Africa.
Key Players
Some of the key players in the market are: IDEXX Laboratories Abaxis Heska Corporation Neogen Corporation Zoetis Thermo Fisher Scientific Inc. QIAGEN N.V. Virbac IDVet Report ContentsRegional AnalysisReport Highlights
Market segments
Market Drivers, Restraints and Opportunities Market Size & Forecast 2016 to 2022 Supply & Demand Value Chain Market - Current Trends Competition & Major Companies Technology and R&D Status Porters Five Force Analysis Strategic and Critical Success Factor Analysis of Key Players
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Veterinary Reference Laboratory Market by Service Type (Clinical Chemistry, Hematology, Immunodiagnostics, Molecular Diagnostics), Application (Pathology, Bacteriology, Virology, Parasitology), Animal, and Region - Global Forecast to 2025 published on
https://www.sandlerresearch.org/veterinary-reference-laboratory-market-by-service-type-clinical-chemistry-hematology-immunodiagnostics-molecular-diagnostics-application-pathology-bacteriology-virology-parasitology-animal.html
Veterinary Reference Laboratory Market by Service Type (Clinical Chemistry, Hematology, Immunodiagnostics, Molecular Diagnostics), Application (Pathology, Bacteriology, Virology, Parasitology), Animal, and Region - Global Forecast to 2025
The global veterinary reference laboratories market size is projected to reach USD 5.6 billion by 2025 from USD 3.4 billion in 2020, at a CAGR of 10.5%. The growth in this market is driven by the increase in the companion animal population, rising demand for pet insurance, and growth in the number of veterinary practitioners in developed economies. However, the growing demand for rapid tests and portable instruments for point-of-care (POC) services and increasing pet care costs are expected to restrain market growth to a certain extent.
“The clinical chemistry segment is projected to witness the highest growth in the veterinary reference laboratories market, by type of service, during the forecast period.”
Based on the type of service, the veterinary reference laboratories market is segmented into clinical chemistry, immunodiagnostics, hematology, urinalysis, molecular diagnostics, and other services. The clinical chemistry segment is projected to register the highest CAGR during the forecast period. The high growth in this market can be attributed to the increased preference for various advanced clinical diagnostic services by veterinarians, pet owners, and laboratory technicians.
“Clinical pathology is the fastest-growing application segment of the veterinary reference laboratories market.”
Based on the application, the veterinary reference laboratories market is segmented into clinical pathology, bacteriology, virology, parasitology, productivity testing, pregnancy testing, and toxicology. The clinical pathology segment is expected to register the highest CAGR during the forecast period, primarily due to the large volume of pathology tests performed.
Companion animals dominate the veterinary reference laboratories market
Based on animals, the veterinary reference laboratories market is segmented into livestock animals and companion animals. The companion animal segment is expected to grow at the highest CAGR during the forecast period. The increasing adoption of companion animals and the rising incidence of zoonotic diseases in these animals are the major factors driving the growth of this segment.
“Asia Pacific market to witness the highest growth during the forecast period”
Asia Pacific is expected to witness the highest growth during the forecast period (2020 to 2025), owing to factors such as a rise in demand for pet insurance and increasing pet healthcare expenditure. Moreover, a growing population of food-producing animals & the need for animal-derived food products, rising awareness of zoonotic animals, and the increasing number of veterinary hospitals and clinics are expected to drive growth in this region.
Breakdown of primary participants is as mentioned below:
By Company Type: Tier 1: 22%, Tier 2: 50%, and Tier 3: 28%
By Designation: C-level Executives: 17%, Directors: 25%, and Others: 58%
By Region: North America: 28%, Europe: 22%, Asia Pacific: 30%, Middle East & Africa: 12%, and Latin America: 8%
Prominent players in the veterinary reference laboratories market are IDEXX Laboratories, Inc. (US), VCA, Inc. (US), GD Animal Health (Netherlands), Zoetis Inc. (US), Neogen Corporation (US), Boehringer Ingelheim (Germany), Marshfield Labs (US), ProtaTek International (US), Texas A&M Veterinary Medical Diagnostic Laboratory (US), Veterinary Diagnostic Laboratory – University of Minnesota (US), and Veterinary Diagnostic Laboratory, Iowa State University (US).
Research Coverage:
The report analyzes the veterinary reference laboratories market and estimates the market size and future growth potential of this market based on various segments, such as type of service, application, animal, and region. It also covers competitive leadership mapping, which helps in analyzing the position of key market players as visionary leaders, innovators, dynamic players, and emerging players. The report also provides a competitive analysis of the key players in this market, along with their company profiles, product offerings, recent developments, and key market strategies.
Reasons to Buy the Report
The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn would help them to garner a greater market share. Firms purchasing the report could use one or a combination of the below-mentioned strategies to strengthen their position in the market.
This report provides insights into the following pointers:
Market Penetration: Comprehensive information on product portfolios offered by the top players in the global veterinary reference laboratories market. The report analyzes this market by type of service, application, animal, and region.
Product Enhancement/Innovation: Detailed insights on upcoming trends and service launches in the global veterinary reference laboratories market.
Market Development: Comprehensive information on the lucrative emerging markets by type of service, application, animal, and region.
Market Diversification: Exhaustive information about new testing services, growing geographies, recent developments, and investments in the global veterinary reference laboratories market.
Competitive Assessment: In-depth assessment of market shares, growth strategies, service offerings, and capabilities of leading players in the global veterinary reference laboratories market.
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Asia Pacific Pet Treats Market to show Impressive Growth During the Forecast Period | TechSci Research
Increasing disposable income among the population is driving the Asia Pacific Pet Treats Market growth in the forecast period, 2022-2026.
According to TechSci Research report, “Asia Pacific Pet Treats Market By Product (Dry Treats, Wet Treats, Veterinary Diet, Snacks, Others) By Animal (Dogs, Cats, Birds, Fishes, Others) By Distribution Channel (Specialized Pet Shop, Online, Supermarket/Hypermarket, Others) By Ingredients (Animal Derivatives, Fish Derivatives, Fruits & Vegetables, Fats & Oils, Vitamins & Minerals) By Country, Competition Forecast & Opportunities, 2026”, the Asia Pacific pet treats market is projected to grow on the backbone of increasing number of companion animals and their adoptions. The Asia Pacific pet treats market is expected to show an impressive CAGR rate in the forecast period, 2022-2026. Pet humanization is a rising trend that is primarily focused on betterment of living standards of the companion animals. Pet owners are inclined toward the pet humanization, demanding a better lifestyle and providing humans like living standards to their pets. Rising number of pet grooming centers, pet spas, and other pet products, are proof that pet owners are actively supporting pet humanization process and are even interested in spending over these services. Middle-class families in the developing countries like China, India are adopting pets at a rapid rate. With their affordability, the market for Asia Pacific pet treats is growing exponentially in the forecast period.
Moreover, government and pet wellness organizations like PETA are promoting the ideation of adopting more pet animals and creating an emotional drive to motivate people for pet adoptions, these factors are also aiding the Asia Pacific pet treats market growth in next five years. Latest launches of high nutritious value snacks and treats is attracting pet owners attention thereby supporting the growth of the Asia Pacific pet treats market growth, positively.
Browse over XX market data Figures spread through 110 Pages and an in-depth TOC on "Asia Pacific Pet Treats Market"
https://www.techsciresearch.com/report/asia-pacific-pet-treats-market/7361.html
The Asia Pacific pet Treats market is segmented by product, animal, distribution channel, ingredients, country distribution, and competitional analysis. Based on distribution channel the market is further bifurcated into specialized pet shop, online, supermarket/hypermarket, and others. Supermarket/hypermarket is the leading sub-segment of the distribution channel segment, owing its growth to the availability of the wide range of the products. Pet owners can shop for the favorite treat for their pets at single sales point. Moreover, specialized pet shops are the fastest growing segment of the market. New pet owners are often completely dependent of these specialized pet shops to supply with the nutritional, and exclusive pet treats. The rising number of new adoptions of the pets is increasing the number of new pet owners, thereby driving the market growth of the specialized pet shops in the Asia Pacific pet treats market.
Based on ingredients, the market is fragmented into animal derivatives, fish derivatives, fruits & vegetables, fats & oils, and vitamins & minerals. A complete nutritional valued pet treat was not available in the market until last decade. Animal derivatives were the largest segment in the market, owing to the highest nutrition content in the source. Moreover, animal derivative treats are often preferred by the pet animals, there by driving the market growth. Vitamins & minerals are often supplied as supplements for the dogs that are to be mixed with other sources like animal, or fish derivatives so that they are taken by the pet animals.
Some of the major competitors in the market are Mars Incorporation, Filipino Multinational Food and Beverage Company (Del Monte Foods), Hill’s Pet Nutrition Incorporation, Unicharam Corporation, Nippon Formula Feed Manufacturing Company Ltd., Pet Center Incorporated (PCI), Nestle Purina Pet Care, Nisshin Saifun Group Incorporation Inc., Natural Dog Food Company Ltd., Marukan Co. Ltd., Spectrum Brands Inc., The JM Smucker Co. LLC, Colgate-Palmolive Co. Ltd., Wagg Foods Ltd., Shanghai Bridge Petcare Ltd., among others. Tope players are actively involved in the research and development of better, more nutritious treats, that satisfies the amount of nutrition along with the flavor of the treats thereby making it preferrable by the pets as well as their owners.
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Customers can also request for 10% free customization on this report.
“China is anticipated to be the fastest growing country in the Asia Pacific regional market. The increasing number of the companion animal is driving the growth which is followed by Australia, India, and South Korea. Dogs and cat population in South Korea is exceeding 5Millions already making it a perfect market for the upcoming players. Introducing new products with complete nutritional value would provide the edge over existing players in the market to the new players trying to penetrate the market,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based Asia Pacific management consulting firm.
“Asia Pacific Pet Treats Market By Product (Dry Treats, Wet Treats, Veterinary Diet, Snacks, Others) By Animal (Dogs, Cats, Birds, Fishes, Others) By Distribution Channel (Specialized Pet Shop, Online, Supermarket/Hypermarket, Others) By Ingredients (Animal Derivatives, Fish Derivatives, Fruits & Vegetables, Fats & Oils, Vitamins & Minerals) By Country, Competition Forecast & Opportunities, 2026”, has evaluated the future growth potential of Asia Pacific Pet Treats 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 Asia Pacific Pet Treats.
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https://www.techsciresearch.com/report/india-animal-vaccine-market/5013.html
Asia Pacific 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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Mr. Ken Mathews
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#TechSci#Market Research Reports#Asia Pacific Pet Treats Market#Pet Treats Market#APAC Pet Treats Market#Asia Pacific Pet Treats Market Size#Asia Pacific Pet Treats Market Forecast#Healthcare
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Asia Pacific Pet Treats Market to show Impressive Growth During the Forecast Period | TechSci Research
Increasing disposable income among the population is driving the Asia Pacific Pet Treats Market growth in the forecast period, 2022-2026.
According to TechSci Research report, “Asia Pacific Pet Treats Market By Product (Dry Treats, Wet Treats, Veterinary Diet, Snacks, Others) By Animal (Dogs, Cats, Birds, Fishes, Others) By Distribution Channel (Specialized Pet Shop, Online, Supermarket/Hypermarket, Others) By Ingredients (Animal Derivatives, Fish Derivatives, Fruits & Vegetables, Fats & Oils, Vitamins & Minerals) By Country, Competition Forecast & Opportunities, 2026”, the Asia Pacific pet treats market is projected to grow on the backbone of increasing number of companion animals and their adoptions. The Asia Pacific pet treats market is expected to show an impressive CAGR rate in the forecast period, 2022-2026. Pet humanization is a rising trend that is primarily focused on betterment of living standards of the companion animals. Pet owners are inclined toward the pet humanization, demanding a better lifestyle and providing humans like living standards to their pets. Rising number of pet grooming centers, pet spas, and other pet products, are proof that pet owners are actively supporting pet humanization process and are even interested in spending over these services. Middle-class families in the developing countries like China, India are adopting pets at a rapid rate. With their affordability, the market for Asia Pacific pet treats is growing exponentially in the forecast period.
Moreover, government and pet wellness organizations like PETA are promoting the ideation of adopting more pet animals and creating an emotional drive to motivate people for pet adoptions, these factors are also aiding the Asia Pacific pet treats market growth in next five years. Latest launches of high nutritious value snacks and treats is attracting pet owners attention thereby supporting the growth of the Asia Pacific pet treats market growth, positively.
Browse over XX market data Figures spread through 110 Pages and an in-depth TOC on "Asia Pacific Pet Treats Market"
https://www.techsciresearch.com/report/asia-pacific-pet-treats-market/7361.html
The Asia Pacific pet Treats market is segmented by product, animal, distribution channel, ingredients, country distribution, and competitional analysis. Based on distribution channel the market is further bifurcated into specialized pet shop, online, supermarket/hypermarket, and others. Supermarket/hypermarket is the leading sub-segment of the distribution channel segment, owing its growth to the availability of the wide range of the products. Pet owners can shop for the favorite treat for their pets at single sales point. Moreover, specialized pet shops are the fastest growing segment of the market. New pet owners are often completely dependent of these specialized pet shops to supply with the nutritional, and exclusive pet treats. The rising number of new adoptions of the pets is increasing the number of new pet owners, thereby driving the market growth of the specialized pet shops in the Asia Pacific pet treats market.
Based on ingredients, the market is fragmented into animal derivatives, fish derivatives, fruits & vegetables, fats & oils, and vitamins & minerals. A complete nutritional valued pet treat was not available in the market until last decade. Animal derivatives were the largest segment in the market, owing to the highest nutrition content in the source. Moreover, animal derivative treats are often preferred by the pet animals, there by driving the market growth. Vitamins & minerals are often supplied as supplements for the dogs that are to be mixed with other sources like animal, or fish derivatives so that they are taken by the pet animals.
Some of the major competitors in the market are Mars Incorporation, Filipino Multinational Food and Beverage Company (Del Monte Foods), Hill’s Pet Nutrition Incorporation, Unicharam Corporation, Nippon Formula Feed Manufacturing Company Ltd., Pet Center Incorporated (PCI), Nestle Purina Pet Care, Nisshin Saifun Group Incorporation Inc., Natural Dog Food Company Ltd., Marukan Co. Ltd., Spectrum Brands Inc., The JM Smucker Co. LLC, Colgate-Palmolive Co. Ltd., Wagg Foods Ltd., Shanghai Bridge Petcare Ltd., among others. Tope players are actively involved in the research and development of better, more nutritious treats, that satisfies the amount of nutrition along with the flavor of the treats thereby making it preferrable by the pets as well as their owners.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=7361
Customers can also request for 10% free customization on this report.
“China is anticipated to be the fastest growing country in the Asia Pacific regional market. The increasing number of the companion animal is driving the growth which is followed by Australia, India, and South Korea. Dogs and cat population in South Korea is exceeding 5Millions already making it a perfect market for the upcoming players. Introducing new products with complete nutritional value would provide the edge over existing players in the market to the new players trying to penetrate the market,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based Asia Pacific management consulting firm.
“Asia Pacific Pet Treats Market By Product (Dry Treats, Wet Treats, Veterinary Diet, Snacks, Others) By Animal (Dogs, Cats, Birds, Fishes, Others) By Distribution Channel (Specialized Pet Shop, Online, Supermarket/Hypermarket, Others) By Ingredients (Animal Derivatives, Fish Derivatives, Fruits & Vegetables, Fats & Oils, Vitamins & Minerals) By Country, Competition Forecast & Opportunities, 2026”, has evaluated the future growth potential of Asia Pacific Pet Treats 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 Asia Pacific Pet Treats.
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