DUBLIN--(BUSINESS WIRE)--The "Veterinary Infectious Disease Diagnostics Market by Technology (Immunodiagnostics (Lateral Flow Assays, ELISA), Molecular Diagnostics), Animal (Companion, Farm), Pathogen (Bacteria, Viral, Parasite), Enduser - Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.
The global veterinary infectious disease diagnostics market is projected to reach USD 2,156.4 million by 2024 from USD 1,439.2 million in 2019, at a CAGR of 8.4% from 2019 to 2024.
Veterinary infectious disease diagnostics includes immuno-diagnostic, molecular diagnostic, and other veterinary diagnostic technologies. The major factors driving the growth of the veterinary infectious disease diagnostics market include the growing demand for and advancements in diagnostic devices, growth in the companion animal population, rising demand for pet insurance, growth in the number of veterinary practitioners in developed economies, and increasing disease control and disease prevention measures.
In this report, the veterinary infectious disease diagnostics market is segmented on the basis of technology, animal type, end user, and region.
North America accounted for the largest share of 42.2% of the veterinary infectious disease diagnostics market in 2018. The large share of this segment can be attributed to the presence of key market players in the region, increased product offerings, greater affordability, and increasing demand for early diagnosis.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Veterinary Infectious Disease Diagnostics: Market Overview
4.2 Geographic Analysis: Veterinary Infectious Disease Diagnostics Market Share, By End User & Region, 2018
4.3 Technology Analysis: Veterinary Infectious Disease Diagnostics Market, 2019 vs 2024 (USD Million)
4.4 Animal Type Analysis: Veterinary Infectious Disease Diagnostics Market Share, 2019 vs 2024
4.5 Geographic Snapshot of the Veterinary Infectious Disease Diagnostics Market
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Demand for Advanced Diagnostic Devices
5.2.1.2 Rising Demand for Animal-Derived Food Products
5.2.1.3 Growth in Companion Animal Population
5.2.1.4 Rising Demand for Pet Insurance
5.2.1.5 Increasing Number of Veterinary Practitioners in Developed Economies
5.2.1.6 Increasing Disease Control and Disease Prevention Measures
5.2.2 Restraints
5.2.2.1 Increasing Pet Care Costs
5.2.3 Opportunities
5.2.3.1 Emerging Countries
5.2.4 Challenges
5.2.4.1 Lack of Animal Healthcare Awareness in Emerging Markets
5.2.4.2 Shortage of Veterinarians in Emerging Markets
5.2.5 Trends and Insights
5.2.5.1 Increasing Vegan Population
5.2.5.2 Adoption of Web Monitoring and Other Digital Aids to Detect Emerging Animal Infectious Diseases
6 Veterinary Infectious Disease Diagnostics Market, By Technology
6.1 Introduction
6.2 Immunodiagnostics
6.2.1 Veterinary Infectious Disease Immunodiagnostics Market Split, By Animal Type, 2017-2024 (USD Million)
6.2.2 Veterinary Infectious Disease Immunodiagnostics Market Split, By End User, 2017-2024 (USD Million)
6.2.3 Lateral Flow Assays
6.2.3.1 Lateral Flow Assays Offer Rapid Results and Sensitive & Accurate Diagnosis
6.2.3.2 Lateral Flow Assays Market Split, By End User, 2017-2024 (USD Million)
6.2.4 Elisa Tests
6.2.4.1 Elisa Tests have Gained Widespread Popularity in the Veterinary Infectious Disease Diagnostics Market Owing to Their Efficacy and Accurate Validation of Results
6.2.4.2 Elisa Tests Market Split, By End User, 2017-2024 (USD Million)
6.2.5 Other Immunodiagnostic Products
6.2.5.1 Other Immunodiagnostics Products Market Split, By End User, 2017-2024 (USD Million)
6.3 Molecular Diagnostics
6.3.1 Veterinary Infectious Disease Molecular Diagnostics Market Split, By Animal Type, 2017-2024 (USD Million)
6.3.2 Veterinary Infectious Disease Molecular Diagnostics Market Split, By End User, 2017-2024 (USD Million)
6.3.3 Polymerase Chain Reaction (PCR) Tests
6.3.3.1 PCR is an Effective Tool for the Diagnosis of Diseases in Food-Producing Animals and Companion Animals
6.3.3.2 PCR-Tests Market Split, By End User, 2017-2024 (USD Million)
6.3.4 Microarrays
6.3.4.1 Technological Advancements and the Increasing Incidence of Infectious Diseases are Supporting the Growth of This Market
6.3.4.2 Microarrays Market Split, By End User, 2017-2024 (USD Million)
6.3.5 Other Molecular Diagnostic Products
6.3.6 Other Molecular Diagnostics Market Split, By End User, 2017-2024 (USD Million)
6.4 Other Technologies
6.4.1 Veterinary Infectious Disease Diagnostics: Market for Other Technologies-Split, By Animal Type, 2017-2024 (USD Million)
6.4.2 Veterinary Infectious Disease Diagnostics: Market for Other Technologies Split, By End User, 2017-2024 (USD Million)
7 Veterinary Infectious Disease Diagnostics Market, By Animal Type
7.1 Introduction
7.2 Companion Animals
7.2.1 Infectious Disease Diagnostics Market for Companion Animals, By Animal Type
7.2.1.1 Dogs
7.2.1.2 Cats
7.2.1.3 Horses
7.2.1.4 Other Companion Animals
7.2.2 Infectious Disease Diagnostics Market for Companion Animals, By Infection Type
7.2.2.1 Viral Infections
7.2.2.1.1 Highly Contagious Nature of Viral Diseases is A Major Factor Driving the Demand for the Diagnosis of Viral Infections in Companion Animals
7.2.2.2 Bacterial Infections
7.2.2.2.1 Bacterial Infections Segment Accounted for the Largest Share of the Market in 2018
7.2.2.3 Parasitic Infections
7.2.2.3.1 Rising Incidence of Worm Infestation in Companion Animals to Support the Growth of This Market
7.2.2.4 Other Infections
7.3 Food-Producing Animals
7.3.1 Infectious Disease Diagnostics Market for Food-Producing Animals, By Animal Type
7.3.1.1 Cattle
7.3.1.2 Swine
7.3.1.3 Poultry
7.3.1.4 Other Food-Producing Animals
7.4 Infectious Disease Diagnostics Market for Food-Producing Animals, By Infection Type
7.5 Bacterial Infections
7.5.1 Bacterial Infections Segment Held the Largest Share of the Food-Producing Animals Market, By Infection Type
7.6 Viral Infections
7.6.1 Need for Early Disease Diagnosis and Prevention and Growing Awareness have Contributed to Market Growth
7.7 Parasitic Infections
7.7.1 Worm Infestations are A Significant Problem for Pet and Companion Animal Owners
7.8 Other Infections
8 Veterinary Infectious Disease Diagnostics Market, By End User
8.1 Introduction
8.2 Reference Laboratories
8.2.1 Reference Laboratories are Gaining Importance Due to the Increasing Prevalence of Veterinary Infectious Diseases and the Need for Their Early Diagnosis
8.3 Veterinary Hospitals & Clinics
8.3.1 Hospitals & Clinics are the First Points of Contact for Animal Owners
8.4 Point-Of-Care/In-House Testing
8.4.1 Point-Of-Care/In-House Testing Segment to Witness the Highest Growth During the Forecast Period
8.5 Research Institutes & Universities
8.5.1 Research Institutes & Universities Perform A Large Number of Tests for the Identification of Diseases in Animals
9 Veterinary Infectious Disease Diagnostics Market, By Region
Company Profiles
- Biomerieux S.A.
- Heska Corporation
- IDEXX Laboratories, Inc.
- IDVet
- Neogen Corporation
- QIAGEN N.V. (A Part of Indical Bioscience)
- Randox Laboratories, Ltd.
- Thermo Fisher Scientific
- Virbac
- Zoetis, Inc.
For more information about this report visit https://www.researchandmarkets.com/reports/4803974/veterinary-infectious-disease-diagnostics-market?utm_source=BW&utm_medium=PressRelease&utm_code=n6pxr7&utm_campaign=1280354+-+Veterinary+Infectious+Disease+Diagnostics+Markets%2c+2024+by+Technology+(Immunodiagnostics%2c+Molecular+Diagnostics)%2c+Animal+(Companion%2c+Farm)%2c+Pathogen+(Bacteria%2c+Viral%2c+Parasite)%2c+Enduser&utm_exec=chdo54prd