Market Overview:
Zettabyte Analytics has recently published a new market research report titled Global Companion Animal Diagnostics Market Forecast to 2029. The report has been formulated through extensive research and provides insights into the paradigm shifts observed in the market to assist readers maximize on their investments and capitalize on the recent development and competitive landscape of the global market. The report is an exhaustive assessment of the crucial aspects of the market including key geographical regions, technology, product types, application spectrum, key companies operating in the market, and overall industry overview.
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The global companion animal diagnostics market is foreseen to grow at 8.7%, from USD 2.8 Billion in 2021 to USD 5.5 Billion in 2029. Growth in the companion animal population, and an increasing number of veterinary practitioners in developed economies. however, rising burden of the pet care cost yet remains one of the factors restraining market growth.
Competitive Landscape:
The global Companion Animal Diagnostics market is fragment owing to presence of numerous key players operating on a global and regional scale. The leading market players are focusing on expansion strategic alliances and expansion plans such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, government and corporate deals, and product launches to broader their product portfolio and gain a robust footing in the global market. The section also provides an assessment of industrial supply chain, technological upgrades and advancements, production and manufacturing capacity, global market position, gross profit margins, and SWOT analysis and Porter’s Five Forces analysis for each company to offer competitive edge to the readers.
A companion animal, unlike an assistive animal, is one with no special training in helping an individual cope with a disability. Companion animal diagnostics use a variety of veterinary tools to diagnose disease, monitor disease progression or response to therapy, and to screen for the presence of underlying disease in apparently healthy animals.
The statistical data included in the report has been derived from reliable and authentic sources and has been verified and backed by industry experts to help readers formulate strategic investment plans. The report studies financial information gathered by extensive primary and secondary research to offer accurate market insights. The report also offers a holistic overview of the market share, market size, market revenue growth, and segments and sub-segments along with strategic recommendations to key market players and new entrants. The report also emphasizes nascent market segments and provides insights into the growth prospects and opportunities.
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Furthermore, the report segments the market based on product type, applications, end-uses, business verticals, and geographical regions. It provides an in-depth assessment of the segments and sub-segments expected to register significant revenue growth over the forecast period and key factors influencing growth of the segments.
Current market is segmented on following factors:
By Technology
- Clinical Biochemistry
- Immunodiagnostics
- Hematology
- Molecular diagnostics
- Urinalysis
- Others
By Animal Type
- Dogs
- Cats
- Equine
By Application
- Clinical Pathology
- Bacteriology
- Parasitology
- Others
By End User
- Laboratories
- Veterinary Hospitals and Clinics
- Point-Of-Care/In-House Testing
- Research Institutes and Universities
The report further studies the market growth, market size, revenue contribution, recent technological advancements, research and development activities, production and consumption patterns, recent strategic alliances in the market, and robust presence of key market players in each geographic region. Regional analysis covers North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
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Key Objectives of the Report:
- Identification of the significant trends and emerging trends of the Companion Animal Diagnostics industry
- Analysis of the drivers and restraints and opportunities to identify growth segments
- Analysis of the competitive landscapes along with expansions, agreements, new product launches, acquisitions, mergers, and other strategic business plans
- SWOT analysis, feasibility study, investment return analysis, and Porter’s Five Forces Analysis to provide a comprehensive study of the key players
- Complete analysis of the current and future market scenario of the Companion Animal Diagnostics industry
Company Profiles :
- Biomérieux SA
- Bionote Inc.
- Eurolyser Diagnostica GmbH
- Fassisi GmbH
- Fujifilm Holdings Corporation
- Heska Corporation
- IDEXX Laboratories, Inc.
- IDvet
- INDICAL Bioscience GmbH (QIAGEN N.V.)
- Mindray Medical International Limited (A Part of Excelsior Union Limited)
- Neogen Corporation
- Nova Biomedical
- Randox Laboratories, Ltd.
- Scil Animal Care Company GmbH
- Skyla
- Swissavans AG
- Thermo Fisher Scientific Inc.
- Urit Medical Electronic Co., Ltd.
- Virbac
- Zoetis Inc
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