Veterinary Infectious Disease Diagnostics Market is expected to See Incredible Growth by 2033
The global veterinary infectious disease diagnostics market is projected to have a high-paced CAGR of 10.1% during the forecast period. The current valuation of the veterinary infectious disease diagnostics market is US$ 1.9 billion in 2023. The value of the veterinary infectious disease diagnostics market is anticipated to reach a high of US$ 4.9 billion, by the year 2033.
The market for
veterinary infectious disease diagnostics is predicted to grow in the next
years as the number of veterinarians increases in developed economies and
disease control and sickness prevention activities expand.
The rising occurrence
of infectious animal ailments is expected to raise demand for veterinary
diagnostics. Furthermore, advancements in diagnostics and the increasing
implementation of novel methods in the majority of laboratories are propelling
market growth. FORCE Technologies, for example, launched AeroCollect A/S as a
new business in August 2021.
Using simple air
samples, the AeroCollect technology provides a picture of the illnesses in a
herd. The Danish researchers at the GTS institute FORCE Technology have
revolutionised animal diagnostics. AeroCollect technology is being used in the
swine, poultry, and mink sectors. Every industry has been impacted by the
worldwide COVID-19 pandemic.
Competitive
Landscape:
The global veterinary
infectious disease diagnostics market share is fragmented as a result of both
domestic and international competitors. Several companies command substantial
market shares in their respective specialty areas. Large corporations generally
give natural events like product approvals and the rise in pet adoption around
the world a significant amount of importance. The market for veterinary
infectious disease diagnostics is predicted to expand quickly as a result of
these factors.
Key Players:
· Zoetis Inc.
· Thermo Fisher Scientific
· Virbac
· Biomerieux SA
· Heska Corporation
· IDvet
· NEOGEN Corporation
· QIAGEN N.V.
· Randox Laboratories Ltd.
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More@ https://www.futuremarketinsights.com/reports/veterinary-infectious-disease-diagnostics-market
Key
Segments Profiled in the Veterinary Infectious Disease Diagnostics Market
Survey
By
Technology:
- Immunodiagnostics
- Molecular
Diagnostic
- Others
By
Animal Type:
- Companion
Animal
- Food-producing
Animals
By End
User:
- Reference
Laboratories
- Veterinary
Hospitals & Clinics
- Point-of-Care
- Research
Institutes & Universities
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