Veterinary Molecular Diagnostics Market size is expected to reach US$ 4.94 Bn. by 2029, at a CAGR of 9.34% during the forecast period.Veterinary Molecular Diagnostics Market Overview:
Molecular diagnostics is the assessment of a wide spectrum of animal pathogens using molecular techniques. Veterinary molecular diagnostic has a number of advantages over traditional methods, including a shorter testing time, a clearer separation between virulent and avirulent strains, and excellent specificity and sensitivity.To know about the Research Methodology :- Request Free Sample Report
Veterinary Molecular Diagnostics Market Dynamics:
Rising prevalence of zoonotic diseases is the major factor driving the market growth. During the forecasted period, the rising prevalence of zoonotic illnesses is expected to fuel the growth of the veterinary molecular diagnostics market. Zoonotic infections are frequent in the United States and around the world, according to the CDC. According to CDC data, 6 out of every 10 new known infectious diseases in humans can be spread by animals, and 3 out of every 4 new or emerging infectious diseases in humans can be carried by animals. As a result, increasing attempts to minimise the spread of these viruses to humans include recognising disorders in animals and concentrating on their well-being. The global veterinary molecular diagnostics market is predicted to increase as a result of these factors. The market for veterinary molecular diagnostic appears to be growing globally, owing to rising demand for animal-derived food, rising need for pet insurance, and rising animal health spending. Furthermore, rising pet adoption in both rich and developing countries is driving up animal healthcare costs. This has a beneficial impact on the veterinary molecular diagnostics market's growth. Fast FDA approvals for reagents used in molecular diagnostic, as well as robust distribution channels, are expected to propel the market forward. The animal healthcare industry is facing challenges from growing in economies such as China, India, Brazil, and parts of Southeast Asia. The high expense of veterinary molecular diagnosis, government rules for new product approvals, and a lack of epidemiological information of certain virulent diseases connected with animals, on the other hand, are limiting the market growth. The report has profiled twenty four key players in the market from different regions. However, report has considered all market leaders, followers and new entrants with investors while analyzing the market and estimation the size of the same. Increasing R&D activities in each region are different and focus is given on the regional impact on the cost, availability of advanced technology are analyzed and report has come up with recommendations for future hot spot in APAC region.Veterinary Molecular Diagnostics Market Segment Analysis:
The Global Veterinary Molecular Diagnostics Market is segmented on the basis of Product, Application and Technology. Based on Product, the kits and reagents segment is expected to dominate the global market. In the global veterinary molecular diagnostics market, kits account for the vast majority of commercial goods. These kits are mostly based on PCR techniques and aid in the screening of a group of illnesses that are related. Diagnostic kits and reagents are expected to develop rapidly due to their wide range of veterinary applications and high effectiveness and specificity. Many products based on immune-assays are projected to be approved for marketing over the projection period. Porcine Epidemic Diarrhea Virus (PEDv), Porcine Deltacoronavirus (PDCoV), and Transmissible Gastroenteritis Viral are examples of pathogen and virus detection assays that are integrated with PCR techniques (TGEV). CEVA and Biotecon Diagnostics will launch a real-time test kit in September 2021 to combat the growing problem of salmonella on pig farms.Veterinary Molecular Diagnostics Market Regional Insights:
North America is expected to dominate the global market during forecast period. The dominance of North America in the worldwide veterinary molecular diagnostics market is due to rising pet adoption in the United States and the presence of large companies. Furthermore, rising animal welfare awareness and increased efforts by organisations to promote animal welfare activities in the region are boosting the regional market's growth. Europe is the second-most lucrative region in the worldwide veterinary molecular diagnostics industry, behind North America. Increased government backing, high-quality diagnostic procedures, and the number of veterinary diagnostic centers will help the European veterinary molecular diagnostics industry grow. The report also helps in understanding Global Veterinary Molecular Diagnostics Market dynamics, structure by analyzing the market segments and project the Global Veterinary Molecular Diagnostics Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Veterinary Molecular Diagnostics Market make the report investor’s guide.Veterinary Molecular Diagnostics Market Scope: Inquire before buying
Global Veterinary Molecular Diagnostics Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2017 to 2022 Market Size in 2022: US $ 2.64 Bn. Forecast Period 2023 to 2029 CAGR: 9.34% Market Size in 2029: US $ 4.94 Bn. Segments Covered: by Product •Instruments • Kit and Reagents • Software and Services by Technology • PCR • Microarray • DNA Sequencing by Application • Infectious Diseases • Genetics • Other Applications by Region • North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America) Veterinary Molecular Diagnostics Market Key Players are:
• IDEXX Laboratories, Inc. • Thermo Fisher Scientific, Inc. • Zoetis, Inc. • Neogen Corporation • bioMérieux SA • QIAGEN N.V. • Biomedica Medizinprodukte GmbH & Co KG • Bioneer • ID.VET • VCA Inc. • HealthGene Corporation • Abaxis Inc. • NeoGenomics Laboratories, Inc. • Heska Corporation • Virbac • CAREVET • Agfa-Gevaert Group. • Veterinary Molecular Diagnostics, Inc. • Novacyt Group • AT Veterinary Systems Ltd. • Animage LLC • Ingenetix • INDICAL BIOSCIENCE GmbH • Core Imaging LLC Frequently Asked Questions: 1. Which region has the largest share in Global Veterinary Molecular Diagnostics Market? Ans: North America region held the highest share in 2022. 2. What is the growth rate of Global Veterinary Molecular Diagnostics Market? Ans: The Global Veterinary Molecular Diagnostics Market is growing at a CAGR of 9.34% during forecasting period 2023-2029. 3. What is scope of the Global Veterinary Molecular Diagnostics market report? Ans: Global Veterinary Molecular Diagnostics Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Veterinary Molecular Diagnostics market? Ans: The important key players in the Global Veterinary Molecular Diagnostics Market are – IDEXX Laboratories, Inc., Thermo Fisher Scientific, Inc., Zoetis, Inc., Neogen Corporation, bioMérieux SA, QIAGEN N.V., Biomedica Medizinprodukte GmbH & Co KG, Bioneer, ID.VET, VCA Inc., HealthGene Corporation, Abaxis Inc., NeoGenomics Laboratories, Inc., Heska Corporation, Virbac, CAREVET, Agfa-Gevaert Group., Veterinary Molecular Diagnostics, Inc., Novacyt Group, and AT Veterinary Systems Ltd. 5. What is the study period of this market? Ans: The Global Veterinary Molecular Diagnostics Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Veterinary Molecular Diagnostics Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2021 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Veterinary Molecular Diagnostics Market 3.4. Geographical Snapshot of the Veterinary Molecular Diagnostics Market, By Manufacturer share 4. Global Veterinary Molecular Diagnostics Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Veterinary Molecular Diagnostics Market 5. Supply Side and Demand Side Indicators 6. Global Veterinary Molecular Diagnostics Market Analysis and Forecast, 2022-2029 6.1. Global Veterinary Molecular Diagnostics Market Size & Y-o-Y Growth Analysis. 7. Global Veterinary Molecular Diagnostics Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 7.1.1. Instruments 7.1.2. Kit and Reagents 7.1.3. Software and Services 7.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.2.1. Infectious Diseases 7.2.2. Genetics 7.2.3. Other Applications 7.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 7.3.1. PCR 7.3.2. Microarray 7.3.3. DNA Sequencing 8. Global Veterinary Molecular Diagnostics Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Veterinary Molecular Diagnostics Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 9.1.1. Instruments 9.1.2. Kit and Reagents 9.1.3. Software and Services 9.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.2.1. Infectious Diseases 9.2.2. Genetics 9.2.3. Other Applications 9.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 9.3.1. PCR 9.3.2. Microarray 9.3.3. DNA Sequencing 10. North America Veterinary Molecular Diagnostics Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Veterinary Molecular Diagnostics Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 11.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 12. Canada Veterinary Molecular Diagnostics Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 13. Mexico Veterinary Molecular Diagnostics Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 14. Europe Veterinary Molecular Diagnostics Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 15. Europe Veterinary Molecular Diagnostics Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Veterinary Molecular Diagnostics Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 16.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 17. France Veterinary Molecular Diagnostics Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 18. Germany Veterinary Molecular Diagnostics Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 19. Italy Veterinary Molecular Diagnostics Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 20. Spain Veterinary Molecular Diagnostics Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 21. Sweden Veterinary Molecular Diagnostics Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 22. CIS Countries Veterinary Molecular Diagnostics Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 23. Rest of Europe Veterinary Molecular Diagnostics Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 24. Asia Pacific Veterinary Molecular Diagnostics Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 25. Asia Pacific Veterinary Molecular Diagnostics Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Veterinary Molecular Diagnostics Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 26.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 27. India Veterinary Molecular Diagnostics Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 28. Japan Veterinary Molecular Diagnostics Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 29. South Korea Veterinary Molecular Diagnostics Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 30. Australia Veterinary Molecular Diagnostics Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 31. ASEAN Veterinary Molecular Diagnostics Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 32. Rest of Asia Pacific Veterinary Molecular Diagnostics Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 33. Middle East Africa Veterinary Molecular Diagnostics Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 34. Middle East Africa Veterinary Molecular Diagnostics Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Veterinary Molecular Diagnostics Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 35.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 36. GCC Countries Veterinary Molecular Diagnostics Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 37. Egypt Veterinary Molecular Diagnostics Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 38. Nigeria Veterinary Molecular Diagnostics Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 39. Rest of ME&A Veterinary Molecular Diagnostics Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 40. South America Veterinary Molecular Diagnostics Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 41. South America Veterinary Molecular Diagnostics Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Veterinary Molecular Diagnostics Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 42.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 43. Argentina Veterinary Molecular Diagnostics Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 44. Rest of South America Veterinary Molecular Diagnostics Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44.3. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Veterinary Molecular Diagnostics Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. IDEXX Laboratories, Inc. 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Thermo Fisher Scientific, Inc. 45.3.3. Zoetis, Inc. 45.3.4. Neogen Corporation 45.3.5. bioMérieux SA 45.3.6. QIAGEN N.V. 45.3.7. Biomedica Medizinprodukte GmbH & Co KG 45.3.8. Bioneer 45.3.9. ID.VET 45.3.10. VCA Inc. 45.3.11. HealthGene Corporation 45.3.12. Abaxis Inc. 45.3.13. NeoGenomics Laboratories, Inc. 45.3.14. Heska Corporation 45.3.15. Virbac 45.3.16. CAREVET 45.3.17. Agfa-Gevaert Group. 45.3.18. Veterinary Molecular Diagnostics, Inc. 45.3.19. Novacyt Group 45.3.20. AT Veterinary Systems Ltd. 45.3.21. Animage LLC 45.3.22. Ingenetix 45.3.23. INDICAL BIOSCIENCE GmbH 45.3.24. Core Imaging LLC 46. Primary Key Insights