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Veterinary Molecular Diagnostics Market Growth and Competition Analysis 2032

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In 2022, the global Veterinary Molecular Diagnostics Market is expected to be worth US$ 182.1 million. With the adoption of multiple testing panels and the increasing consolidation in the veterinary diagnostics industry, the overall demand for Veterinary Molecular Diagnostics is expected to grow at a CAGR of 6.84% between 2022 and 2032, totaling approximately US$ 352.8 Million by 2032. Factors such as the global increase in pet animal population, increased animal health spending, and advancements in veterinary molecular diagnostics are expected to drive the growth of the veterinary molecular diagnostics market during the analysis period. Developments in the animal farming industry, as well as changing societal attitudes toward pet animals, have increased demand for quick and dependable diagnostic techniques. Molecular diagnostics have the potential to meet this increasing demand. More than 60% of the US population owned a pet/companion animal in 2018. Pets are increasingly being...

Veterinary Molecular Diagnostics Market Trends and Growth Forecast by 2032

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The global  Veterinary Molecular Diagnostics Market  size is expected to be valued at  US$ 182.1 Million  in 2022. With the adoption of multiple testing panels, coupled with the growing consolidation in the veterinary diagnostics industry, the overall  demand for Veterinary Molecular Diagnostics  is projected to grow at a CAGR of  6.84%  between 2022 and 2032, totaling around  US$ 352.8 Million  by 2032.  Factors such as the growing pet animal population around the globe, increased animal health spending and advancements in veterinary molecular diagnostics are expected to propel the growth of the veterinary molecular diagnostics market over the analysis period. Developments in the animal farming sector and changing societal attitude toward pet animals have resulted in an increased demand for fast and reliable diagnostic techniques. Molecular diagnostics possess the potential to address this growing demand.   As of 20...

Veterinary Molecular Diagnostics Market: Strong Pipeline to Rapidly Surge Growth

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The global  Veterinary Molecular Diagnostics Market  size is expected to be valued at  US$ 182.1 Million  in 2022. With the adoption of multiple testing panels, coupled with the growing consolidation in the veterinary diagnostics industry, the overall  demand for Veterinary Molecular Diagnostics  is projected to grow at a CAGR of  6.84%  between 2022 and 2032, totaling around  US$ 352.8 Million  by 2032.  Factors such as the growing pet animal population around the globe, increased animal health spending and advancements in veterinary molecular diagnostics are expected to propel the growth of the veterinary molecular diagnostics market over the analysis period. Developments in the animal farming sector and changing societal attitude toward pet animals have resulted in an increased demand for fast and reliable diagnostic techniques. Molecular diagnostics possess the potential to address this growing demand.   As of 20...