DUBLIN--(BUSINESS WIRE)--The "Companion Animal Diagnostics Market Analysis by Animal, by Application, by Technology by End User, and by Region - Global Forecast to 2029" report has been added to ResearchAndMarkets.com's offering.
Increasing the number of veterinary practitioners in developed countries with increasing their income, rising pet insurance, demand, rising animal health care costs, and an increasing number of household animals are fueling the market.
Additionally, the growing demand for point-of-care diagnostics (POCD), the rising concern of pet owners for their pets, and the promoting guidelines being issued by government organizations around the world to promote veterinary services are some of the primary market drivers.
However, inadequate understanding of the numerous insurance policies available from public and private organizations for companion animal health and animal diagnostic tests, rising pet care costs, and limited out-of-pocket pet healthcare spending in developing nations are expected to restrain the market growth.
In 2021, North America had the greatest share of the market due to increasing animal health-care costs, expanding pet insurance, and the rising animal population fueling this market growth. During the projected period, the Asia-Pacific region is predicted to increase at the quickest rate owing to supportive government strategies, increasing pet adoption for companion partners, and increasing zoonotic diseases.
This comprehensive research report focuses on the global and regional market size and forecasts of diverse segments including animal, application, technology and end-user from 2022-2029.
Company Profiles
- Biomerieux SA (France)
- BioNote Inc (South Korea)
- Fujifilm Holdings Corporation (Japan)
- Heska Corporation (US)
- Idexx Laboratories Inc. (US)
- Idvet (France)
- Indical Bioscience GmbH (Germany)
- Neogen Corporation (US)
- Randox Laboratories Ltd. (UK),Thermo Fisher Scientific Inc. (US)
- Shenzhen Mindray Animal Medical Technology Co. Ltd. (China)
- Virbac (France)
- Zoetis Inc. (US)
Companion Animal Diagnostics Market Analysis Report 2021-2029
Animal (Revenue, USD Million)
- Horse
- Cat
- Dog
- Other Companion Animals
Application (Revenue, USD Million)
- Parasitology
- Bacteriology
- Clinical Pathology
- Virology
- Other Applications
Technology (Revenue, USD Million)
- Urinalysis
- Clinical Biochemistry
- Molecular Diagnostics
- Immunodiagnostics
- Hematology
- Other Companion Animal Diagnostics Technologies
End User (Revenue, USD Million)
- Research Institute and Universities
- Veterinary Clinics and Hospitals
- Home-care Settings
- Diagnostics Laboratories
By Region (Revenue, USD Million)
North America
- U.S
- Canada
Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
Middle East & Africa
- South Africa
- GCC
- Rest of MEA
For more information about this report visit https://www.researchandmarkets.com/r/yhjnep
