Veterinary Point of Care Diagnostics Current and Future Market Size, Value, and Opportunity Analysis-2032
According to a recently published Future Market Insights report, the Veterinary Point of Care Diagnostics market is expected to grow at a CAGR of 15.5% between 2022 and 2032, with revenues estimated at US$ 1.3 billion in 2021. The market is expected to reach $4.8 billion by the end of 2032. Technological advancements, the strategies of industry competitors, the increasing number of pets and humanization, the drive to reduce antimicrobial material emissions, and the expansion of service offerings by veterinary clinics are all contributing to the veterinary industry's direction. During the first half of 2020, government actions such as stay-at-home recommendations and social distancing procedures forced market participants to change, reduce, or halt operating activities. Low patient volumes were reported by veterinary clinics and hospitals across the country, with some focusing solely on emergency patients. Animal owners, on the other hand, kept receiving veterinary care...