Global Veterinary Diagnostics Market:
The Global Veterinary Diagnostics market was valued at USD xx million in 2016, and is forecasted to reach USD xx million by 2025, with a CAGR of xx% during the forecast period (2018-2025).
The Veterinary Diagnostic is the medical testing for infectious agents, toxins, and other causes of disease in animals. The market is impacted by several factors. Increase in pet adoption in both developed and developing countries is one the major driving factor for Veterinary Diagnostics Market.
Increasing Pet Ownership:
Growing Awareness towards animal health has led to increasing in demand for advanced veterinary diagnostic technologies.
According to a household survey, held between 1996 and 2012 spending on pet health care rose faster by over 60% compared to 49%. Globally, 57% of consumers own pets (according to more than 27,000 online consumers whom GfK surveyed in 22 countries).
It is estimated that the total American pet industry expenditure for 2017 will reach $70 billion, up from $67 billion in 2016. Supplies, over the counter medicine, and vet care accounted for just over $30 billion of 2016. Part of the reason behind the increased spending on pet care is the rise in the number of households that have a pet. The number has risen steadily to the point that 62% of American households now own at least one pet.
Global Veterinary Diagnostics Market
US Pet Expenditure continues to rise from 2004-2015 as an increase in pet adoptions. Overall support for shelters and animal welfare organizations has grown over the last few years and will continue to gain momentum throughout 2014. According to Bob Vetere, president, and CEO of the American Pet Product Association, Americans spent a record $15.4 billion on vet services last year, up from $8.6 billion in 2005.
Globally, a rise in pet adoption rates is highly influencing the growth of veterinary diagnostics due to the humanization of pets.
The report covers the factors impacting the market, Porter 5 Forces, Market Share Analysis, Price trend analysis, Product Benchmarking, and company profiles. Veterinary Diagnostics Market is segmented based on Product Types such as Analyzers and Consumables. Further, the market is segmented by Animal Types such as Livestock and Companion. By Technology, it is classified as Enzyme-Linked Immunosorbent Assay (ELISA), Radioimmunoassay, Rapid Test and Others. Based on Applications, the market is segmented as Infectious Disease, Autoimmune Disorder, Endocrinology& Oncology, Bone and Mineral Diseases and Others. By End User, it is segmented such as Reference Laboratories, Academic and Research Institutes, Veterinary Hospitals & Clinics and Point of care/ In-house testing. The report segments the geographies by regions, which include North America, South America, Europe, Asia Pacific and RoW.
The report profiles the following companies, which includes Pfizer, Thermo Fisher Scientific, Henry Schein, Virbac, Zoetis, IDVet, Abaxis, Heska Corporation, Idexx, Biochek and VCA Antech.
Why purchase the report?
Visualize the composition of the Veterinary Diagnostics market across each indication, in terms of type and applications, highlighting the key commercial assets and players.
Identify commercial opportunities in Veterinary Diagnostics by analyzing trends and co-development deals.
Excel data sheet with thousands of data points of the Veterinary Diagnostics market – level 4/5 segmentation
PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study
Product mapping in excel for the key Veterinary Diagnostics products of all major market players
Chapter 1: Table of Contents
Chapter 2: Executive Summary
Chapter 3: Methodology and Scope
3.1 Research Methodology
3.2 Scope of the Report
Chapter 4: Veterinary Diagnostics- Headlines & Trends
4.2 Key Trends & Developments
Chapter 5: Veterinary Diagnostics- Industry Analysis
5.1 Industry Impact Factors (Drivers & Restraints)
5.2 Porter 5 Forces
5.3 Regulatory Analysis
Chapter 6: Veterinary Diagnostics- Market Segmentataion Analysis
6.1 By Product Type
6.2 By Animal Type
6.3 By Technology
6.3.1 Enzyme-Linked Immunosorbent Assay (ELISA)
6.3.3 Rapid Test
6.4 By Application
6.4.1 Infectious Disease
6.4.2 Autoimmune Disorder
6.4.3 Endocrinology& Oncology
6.4.4 Bone and Mineral diseases
6.5 By End User
6.5.1 Reference Laboratories
6.5.2 Academic and Research Institutes
6.5.3 Veterinary Hospitals & Clinics
6.5.4 Point of care/ In-house testing
6.3 By Region
6.3.1. North America
22.214.171.124 The USA
126.96.36.199 The UK
188.8.131.52 Rest of Europe
6.3.3 Asia Pacific
184.108.40.206 Rest of Asia Pacific
6.3.4 Middle East and Africa
220.127.116.11 South Africa
18.104.22.168 Rest of Middle East and Africa
6.3.5 South America
22.214.171.124 Rest of South America
Chapter 7: Veterinary Diagnostics – Competitive Landscape
7.1 Market Share Analysis
7.2 Price Trend Analysis
7.3 Key Strategies adopted by Manufacturers
7.4 Product Benchmarking
Chapter 8: Company Profiles
8.2 Thermo Fisher Scientific
8.3 Henry Schein
8.8 Heska Corporation
8.11 VCA Antech
Chapter 9: Veterinary Diagnostics- Appendix
9.2 Analysis Supporting Database