Approaches Opted for the Market Size Estimation:
The total market size for the Veterinary PoC Diagnostics Market was arrived at after data triangulation from three different approaches, as mentioned below.
Approach to calculate revenue of different players in the Veterinary PoC Diagnostics Market
In this report, the revenue of individual companies were gathered from public sources and databases. In certain cases, the share of veterinary point-of-care diagnostics business for kits & analyzers was ascertained after a detailed analysis of various parameters, including product portfolio, market positioning, selling price, and geographic reach & strength, among others. Individual shares or estimates were validated through expert interviews.
Approach to calculate parent markets of the Veterinary PoC Diagnostics Market
In this report, the veterinary companion animal diagnostics market, veterinary radiography systems market, veterinary ultrasound imaging systems market, veterinary CT scanners market, and veterinary imaging market from MnM’s repository were referred to in order to obtain the market size of the veterinary point-of-care diagnostics market. A weighted average of numbers obtained from these reports was taken to derive the market size of the global veterinary point-of-care diagnostics market.
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Approach to get the market size and estimate market growth
The market size and market growth was estimated through primary interviews on a regional and global level. All responses were collated and a weighted average was taken to derive a probabilistic estimate of the market size and growth rate.
Expected Revenue Growth:
The global Veterinary PoC Diagnostics Market size is projected to reach USD 2.4 billion by 2025 from USD 1.4 billion in 2019, at a CAGR of 8.9%.
Growth Influencing Factors:
Factors such as increasing prevalence of zoonotic diseases among companion and livestock animals and the growing need for the rapid detection of these diseases, along with the advantages of POCT over laboratory analysis are driving the growth of this market during the forecast period. However, the high cost of veterinary imaging instruments is restraining the growth of this market to some extent.
End Users:
By end user, the veterinary clinics segment accounted for the largest share of the Veterinary PoC Diagnostics Market in 2018
Based on end user, the Veterinary PoC Diagnostics Market is segmented into veterinary hospitals & academic institutes, veterinary clinics, and home care settings. In 2018, the veterinary clinics segment accounted for the largest share of the market. The large share of this segment is attributed to the growing number of patients visiting vet clinics and the increasing number of private clinical practices.
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Key Players:
Prominent players in the Veterinary PoC Diagnostics Market include Zoetis, Inc. (US), IDEXX Laboratories, Inc. (US), Heska Corporation (US), Virbac (France), Thermo Fisher Scientific, Inc. (US), Eurolyser Diagnostica GmbH (Austria), Woodley Equipment Company (UK), Randox Laboratories LTD. (UK), AniPOC, Ltd. (UK), Carestream Health, Inc. (a part of ONEX Corporation) (Canada), NeuroLogica Corporation (a part of Samsung Electronics Co. Ltd.) (South Korea), and FUJIFILM SonoSite (a part of FUJIFILM Holdings Corporation) (Japan).
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Global Veterinary PoC Diagnostics Market is Expecting Huge Monetary Gains by 2025
Veterinary Molecular Diagnostics Market report added by Value Market Research, offering growth, trends, and forecast for each segment along with regional and country analysis.
Further, this report also highlights the regional and country-level market analysis.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the veterinary molecular diagnostics market include Biomerieux SA, Ingenetix GmbH, Idexx Laboratories Inc., Neogen Corporation, Thermo Fischer Scientific Inc., bioMérieux SA, IDEXX Laboratories, Inc. and Qiagen N.V.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Veterinary Molecular Diagnostics Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/veterinary-molecular-diagnostics-market/download-sampleMarket DynamicsRising burden of infections and diseases among animals and growing awareness among poultry farmers is projected to drive growth of global veterinary molecular diagnostics market.
Growing farm animals sector and changing societal attitude towards pet animals have resulted in an increased demand for veterinary molecular diagnostics.
This is contributing to spurring growth of the global veterinary molecular diagnostics market.The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis.
Data Bridge Market research presents the top quality and comprehensive Veterinary Diagnostics Market research report which provides clear insights into market dynamics and prospects the whole market including global production, revenue forecast, value and volume.
This Veterinary Diagnostics Market report deeply study competitive scenario and evaluated the crucial vendors with regard to product stratification and business strategies.
The detailed information of the existed industries is the first acquired by the dedicated team to provide exact and accurate data of the market.
Few of the major market competitors currently working in the global veterinary diagnostics market are IDEXX, Abaxis, NEOGEN CORPORATION, bioMérieux SA, Randox Laboratories Ltd., QIAGEN, Thermo Fisher Scientific, Heska Corporation, Zoetis, Covetrus, IDvet, Pfizer Inc., Bio-Rad Laboratories Inc., Virbac, Mindray DS USA Inc.
The report contains data from the base year of 2018 and the historic year of 2017.Get Exclusive Sample Report: @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-veterinary-diagnostics-marketMarket Definition: Global Veterinary Diagnostics Market Veterinary diagnostics refers to the test which determines the various disorders related to animals.
The innovations in the medical field which had been developed for veterinary diagnostics help determine the cause of the disease, so that proper treatment methods can be utilized for its treatment Top Manufacturers Covered in the Report:Few of the major market competitors currently working in the global veterinary diagnostics market are IDEXX, Abaxis, NEOGEN CORPORATION, bioMérieux SA, Randox Laboratories Ltd., QIAGEN, Thermo Fisher Scientific, Heska Corporation, Zoetis, Covetrus, IDvet, Pfizer Inc., Bio-Rad Laboratories Inc., Virbac, Mindray DS USA Inc., VCA Inc., URIT MEDICAL ELECTRONIC CO. LTD., BPC Biosed srl, HORIBA Ltd., FUJIFILM Corporation, Alvedia and ACON Laboratories Inc. among others.
Data Bridge Market Research has provides the Qualitative and informative knowledge by adding titled “Veterinary Diagnostics Market by By Product (Instruments, Consumables), Technology (Immunodiagnostics, Clinical Biochemistry, Molecular Diagnostics, Hematology, Urinalysis, Others), Animal Type (Companion Animals, Livestock Animals), End User (Reference Laboratories, Veterinary Hospitals and Clinics, Point-of-Care/In-House Testing, Research Institutes & Universities), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) Analysis and Forecast, 2019 – 2026”.
The Veterinary Diagnostics Market report additionally states import/trade utilization, free market activity figures, cost, value, volume and gross edges.
Few of the leading organizations’ names are listed here- IDEXX, Abaxis, NEOGEN CORPORATION, bioMérieux SA, Randox Laboratories Ltd., QIAGEN, Thermo Fisher Scientific, Heska Corporation, Zoetis, Covetrus, IDvet, Pfizer Inc., Bio-Rad Laboratories Inc., Virbac, Mindray DS USA Inc., VCA Inc., URIT MEDICAL ELECTRONIC CO. LTD., BPC Biosed srl, HORIBA Ltd., FUJIFILM Corporation Global veterinary diagnostics market is registering a substantial CAGR of 8.76% in the forecast period of 2019-2026.
The report contains data from the base year of 2018 and the historic year of 2017.Grab Sample Report + All Related Tables & Charts of Global Veterinary Diagnostics Market Study Now @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-veterinary-diagnostics-marketMarket Definition: Global Veterinary Diagnostics Market Veterinary diagnostics refers to the test which determines the various disorders related to animals.
The innovations in the medical field which had been developed for veterinary diagnostics help determine the cause of the disease, so that proper treatment methods can be utilized for its treatment Segmentation: Global Veterinary Diagnostics MarketGlobal Veterinary Diagnostics Market By Product (Instruments, Consumables), Technology (Immunodiagnostics, Clinical Biochemistry, Molecular Diagnostics, Hematology, Urinalysis, Others)Animal Type (Companion Animals, Livestock Animals)End User (Reference Laboratories, Veterinary Hospitals and Clinics, Point-of-Care/In-House Testing, Research Institutes & Universities)Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) Top Manufacturers Covered in the Report:Few of the major market competitors currently working in the global veterinary diagnostics market are IDEXX, Abaxis, NEOGEN CORPORATION, bioMérieux SA, Randox Laboratories Ltd., QIAGEN, Thermo Fisher Scientific, Heska Corporation, Zoetis, Covetrus, IDvet, Pfizer Inc., Bio-Rad Laboratories Inc., Virbac, Mindray DS USA Inc., VCA Inc., URIT MEDICAL ELECTRONIC CO. LTD., BPC Biosed srl, HORIBA Ltd., FUJIFILM Corporation, Alvedia and ACON Laboratories Inc. among others.
Competitive Analysis: Global Veterinary diagnostics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
Market Overview : The veterinary diagnostics market is expected to reach USD 4.00 billion by 2023 from USD 2.63 billion in 2018, at a CAGR of 8.8%.
Factors such as growing companion animal population, growing prevalence of animal zoonotic diseases, rising demand for animal-derived food products, rising demand for pet insurance & growing animal health expenditure, and the increasing number of veterinary practitioners and income levels in developed economies are expected to drive the growth of the veterinary diagnostics market.
However, the increasing pet care costs may restrain the growth of the market.
Market By geography The APAC region is projected to grow at the highest CAGR during the forecast period.
Factors such as the rapidly increasing animal population, growing adoption of veterinary diagnostic products, and rising demand for animal-derived food products are driving the growth of this regional market.
Key Market Players IDEXX Laboratories (US), Abaxis (US), Zoetis (US), QIAGEN N.V. (Netherlands), Thermo Fisher Scientific (US) Recent Developments In January 2018, IDEXX launched its IDEXX catalyst SDMA test to analyze kidney function in companion animals.InApril 2018, Randox Laboratories launched the product Vivalytic in the Molecular Diagnostics Analyzer SegmentInApril 2018, Zoetis established sustainable veterinary diagnostic networks and animal health infrastructure in Uganda, Nigeria, and Ethiopia.
Veterinary Molecular Diagnostics Market report added by Value Market Research, offering growth, trends, and forecast for each segment along with regional and country analysis.
Further, this report also highlights the regional and country-level market analysis.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the veterinary molecular diagnostics market include Biomerieux SA, Ingenetix GmbH, Idexx Laboratories Inc., Neogen Corporation, Thermo Fischer Scientific Inc., bioMérieux SA, IDEXX Laboratories, Inc. and Qiagen N.V.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Veterinary Molecular Diagnostics Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/veterinary-molecular-diagnostics-market/download-sampleMarket DynamicsRising burden of infections and diseases among animals and growing awareness among poultry farmers is projected to drive growth of global veterinary molecular diagnostics market.
Growing farm animals sector and changing societal attitude towards pet animals have resulted in an increased demand for veterinary molecular diagnostics.
This is contributing to spurring growth of the global veterinary molecular diagnostics market.The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis.
Data Bridge Market research presents the top quality and comprehensive Veterinary Diagnostics Market research report which provides clear insights into market dynamics and prospects the whole market including global production, revenue forecast, value and volume.
This Veterinary Diagnostics Market report deeply study competitive scenario and evaluated the crucial vendors with regard to product stratification and business strategies.
The detailed information of the existed industries is the first acquired by the dedicated team to provide exact and accurate data of the market.
Few of the major market competitors currently working in the global veterinary diagnostics market are IDEXX, Abaxis, NEOGEN CORPORATION, bioMérieux SA, Randox Laboratories Ltd., QIAGEN, Thermo Fisher Scientific, Heska Corporation, Zoetis, Covetrus, IDvet, Pfizer Inc., Bio-Rad Laboratories Inc., Virbac, Mindray DS USA Inc.
The report contains data from the base year of 2018 and the historic year of 2017.Get Exclusive Sample Report: @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-veterinary-diagnostics-marketMarket Definition: Global Veterinary Diagnostics Market Veterinary diagnostics refers to the test which determines the various disorders related to animals.
The innovations in the medical field which had been developed for veterinary diagnostics help determine the cause of the disease, so that proper treatment methods can be utilized for its treatment Top Manufacturers Covered in the Report:Few of the major market competitors currently working in the global veterinary diagnostics market are IDEXX, Abaxis, NEOGEN CORPORATION, bioMérieux SA, Randox Laboratories Ltd., QIAGEN, Thermo Fisher Scientific, Heska Corporation, Zoetis, Covetrus, IDvet, Pfizer Inc., Bio-Rad Laboratories Inc., Virbac, Mindray DS USA Inc., VCA Inc., URIT MEDICAL ELECTRONIC CO. LTD., BPC Biosed srl, HORIBA Ltd., FUJIFILM Corporation, Alvedia and ACON Laboratories Inc. among others.
Market Overview : The veterinary diagnostics market is expected to reach USD 4.00 billion by 2023 from USD 2.63 billion in 2018, at a CAGR of 8.8%.
Factors such as growing companion animal population, growing prevalence of animal zoonotic diseases, rising demand for animal-derived food products, rising demand for pet insurance & growing animal health expenditure, and the increasing number of veterinary practitioners and income levels in developed economies are expected to drive the growth of the veterinary diagnostics market.
However, the increasing pet care costs may restrain the growth of the market.
Market By geography The APAC region is projected to grow at the highest CAGR during the forecast period.
Factors such as the rapidly increasing animal population, growing adoption of veterinary diagnostic products, and rising demand for animal-derived food products are driving the growth of this regional market.
Key Market Players IDEXX Laboratories (US), Abaxis (US), Zoetis (US), QIAGEN N.V. (Netherlands), Thermo Fisher Scientific (US) Recent Developments In January 2018, IDEXX launched its IDEXX catalyst SDMA test to analyze kidney function in companion animals.InApril 2018, Randox Laboratories launched the product Vivalytic in the Molecular Diagnostics Analyzer SegmentInApril 2018, Zoetis established sustainable veterinary diagnostic networks and animal health infrastructure in Uganda, Nigeria, and Ethiopia.
Data Bridge Market Research has provides the Qualitative and informative knowledge by adding titled “Veterinary Diagnostics Market by By Product (Instruments, Consumables), Technology (Immunodiagnostics, Clinical Biochemistry, Molecular Diagnostics, Hematology, Urinalysis, Others), Animal Type (Companion Animals, Livestock Animals), End User (Reference Laboratories, Veterinary Hospitals and Clinics, Point-of-Care/In-House Testing, Research Institutes & Universities), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) Analysis and Forecast, 2019 – 2026”.
The Veterinary Diagnostics Market report additionally states import/trade utilization, free market activity figures, cost, value, volume and gross edges.
Few of the leading organizations’ names are listed here- IDEXX, Abaxis, NEOGEN CORPORATION, bioMérieux SA, Randox Laboratories Ltd., QIAGEN, Thermo Fisher Scientific, Heska Corporation, Zoetis, Covetrus, IDvet, Pfizer Inc., Bio-Rad Laboratories Inc., Virbac, Mindray DS USA Inc., VCA Inc., URIT MEDICAL ELECTRONIC CO. LTD., BPC Biosed srl, HORIBA Ltd., FUJIFILM Corporation Global veterinary diagnostics market is registering a substantial CAGR of 8.76% in the forecast period of 2019-2026.
The report contains data from the base year of 2018 and the historic year of 2017.Grab Sample Report + All Related Tables & Charts of Global Veterinary Diagnostics Market Study Now @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-veterinary-diagnostics-marketMarket Definition: Global Veterinary Diagnostics Market Veterinary diagnostics refers to the test which determines the various disorders related to animals.
The innovations in the medical field which had been developed for veterinary diagnostics help determine the cause of the disease, so that proper treatment methods can be utilized for its treatment Segmentation: Global Veterinary Diagnostics MarketGlobal Veterinary Diagnostics Market By Product (Instruments, Consumables), Technology (Immunodiagnostics, Clinical Biochemistry, Molecular Diagnostics, Hematology, Urinalysis, Others)Animal Type (Companion Animals, Livestock Animals)End User (Reference Laboratories, Veterinary Hospitals and Clinics, Point-of-Care/In-House Testing, Research Institutes & Universities)Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) Top Manufacturers Covered in the Report:Few of the major market competitors currently working in the global veterinary diagnostics market are IDEXX, Abaxis, NEOGEN CORPORATION, bioMérieux SA, Randox Laboratories Ltd., QIAGEN, Thermo Fisher Scientific, Heska Corporation, Zoetis, Covetrus, IDvet, Pfizer Inc., Bio-Rad Laboratories Inc., Virbac, Mindray DS USA Inc., VCA Inc., URIT MEDICAL ELECTRONIC CO. LTD., BPC Biosed srl, HORIBA Ltd., FUJIFILM Corporation, Alvedia and ACON Laboratories Inc. among others.
Competitive Analysis: Global Veterinary diagnostics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.