Veterinary Immunodiagnostics Market will reach USD 2,011.3 Million By 2022

Veterinary Immunodiagnostics Market- Global Opportunity Analysis And Industry Forecast (2017-2022)

The global Veterinary immunodiagnostics market will grow at a CAGR of 9.6% during the forecast period to reach USD 2,011.3 million by 2022, according to the latest publication from Meticulous Research™. It is driven by rising demand for animal-derived food products, growing animal health care expenditure, and increasing zoonotic and foodborne diseases. In addition, growth in companion and livestock animals, increasing number of veterinary practitioners, and increasing pet ownership are further expected to boost the growth of this market.

The veterinary immunodiagnostics market is segmented by product type (analyzers and consumables), animal type (livestock, companion), application (infectious disease, autoimmune disorder, endocrinology and oncology disease, and bone & mineral disease), technology (enzyme linked immunosorbent assay, radioimmunoassay, and rapid test), by end user (reference laboratories, academic and research institutes, veterinary hospitals & clinics, and point of care/ in house testing), and geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa).

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Based on the animal type, the market is further sub-segmented into cattle, pigs, and poultry. The companion segment is also further classified into feline, canine, and equine. The companion animals segment is expected to register the fastest growth during the forecast period, owing to rising number of pet ownerships and growing expenditure on the health of pets.

Geographically, North America holds the major share in the global veterinary immunodiagnostics market, followed by Europe and Asia-Pacific. Asia-Pacific region is projected to show lucrative growth potential for the veterinary immunodiagnostics market primarily due to the rising awareness and investment in improving animal healthcare, growing pet healthcare expenditure with rising income level, and rising demand for the animal derived food products.

The key players in the global veterinary immunodiagnostics market are Abaxis inc., bioMérieux SA, IDEXX Laboratories inc., Heska Corporation, Virbac SA, Zoetis inc., Randox Laboratories Ltd., Neogen Corporation, Woodley Equipment Company Ltd, Thermo Fisher Scientific Inc., and QIAGEN N.V.

Scope of the Report:

Market by Product type:

  • Analyzers
  • Consumables

Market by animal type:

  • Livestock
    •  Cattle
    •  Pigs
    •  Poultry
    •  Others
  • Companion
    •  Feline
    •  Canine
    •  Equine
    •  Others

Market by Technology:

  • Enzyme-Linked Immunosorbent Assay (ELISA)
    •  Chemiluminescence Immunoassay
    •  Fluorescent Immunoassay
    •  Colorimetric Immunoassay
  • Radioimmunoassay
  • Rapid Test
  • Others

Market by Application:

  • Infectious Disease
  • Autoimmune Disorder
  • Endocrinology& Oncology
  • Bone and Mineral diseases
  • Others

Veterinary immunodiagnostics Market, By Application, 2017- 2022

veterinary immunodiagnostics market

Market by End User:

  • Reference Laboratories
  • Academic and Research Institutes
  • Veterinary Hospitals & Clinics
  • Point of care/ In-house testing

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Key questions answered in the report-

  • Which are the high growth market segments in terms of product, animal type, application, technology, end user, and regions/countries?
  • What is the historical market for veterinary immunodiagnostics market across the globe?
  • What are the market forecasts and estimates from the period 2015-2022?
  • What are the major drivers, restrains, and trends in the global veterinary immunodiagnostics market?
  • Who are the major players in the global veterinary immunodiagnostics market and what share of the market do they hold?
  • Who are the major players in various countries and what share of the market do they hold?
  • What are the competitive landscapes and who are the market leaders by sub-region in the global veterinary immunodiagnostics market?
  • What are the recent developments in the global veterinary immunodiagnostics market?
  • What are the different strategies adopted by the major players in the global veterinary immunodiagnostics market?
  • What are the geographic trends and high growth regions/ countries?
  • Who are the local emerging players in the global veterinary immunodiagnostics market and how do they compete with the global players?

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About Meticulous Research™

Meticulous Research™ is founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Meticulous Research™ produces global reports and custom studies for North America, Europe, Latin America, Asia-Pacific, and the Middle East and Africa regions. These reports are used by our clients for marketing and strategic planning in various sectors.

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