Companion Animal Diagnostics market is expected to grow from USD 1.90 billion in 2020 to USD 3.44 billion by 2026 at a CAGR of 10.38% from 2020 to 2026.
Companion animals, or commonly called as pets, are animals that are kept and bred within the house or within the surroundings of the house. These animals aren't domesticated for purpose of using them for work or to support an individual with a disability. Companionship, psychological/ emotional support, relaxation, or enjoyment are the requirements fulfilled by domestically-bred animals. Nevertheless, companion animals like other livestock can attract tons of infectious diseases, lice and ticks, and other diseases and disorders. It delivers in-depth insights and data information like revenue details, investments, R&D activities, leading companies within the global market, etc. Also, the report provides other important insights like current trends, drivers and restraints, potential opportunities, and external threats to the target market. With an increasing number of animals being adopted as pets, globally, increasing awareness regarding veterinary issues and improved quality of treatment & therapy for animals have contributed significantly to the expansion of the market.
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The global Companion Animal Diagnostics market has been segmented as below:
By Technology
Clinical Biochemistry
Clinical Chemistry Analysis
Clinical Chemistry Reagent Clips and Cartridges
Clinical Chemistry Analyzers
Glucose Monitoring
Blood Glucose Strips
Glucose Monitors
Urine Glucose Strips
Blood Gas & Electrolyte Analysis
Blood Gas & Electrolyte Reagent Clips and Cartridges
Blood Gas & Electrolyte Analyzers
Immunodiagnostics
Lateral Flow Assays
ELISA Tests
Allergen-specific Immunodiagnostic Tests
Immunoassay Analyzers
Other Immunodiagnostic Products
Hematology
Hematology Cartridges
Hematology Analyzers
Urinalysis
Urinalysis Clips & Cartridges/Panels
Urine Analyzers
Urine Test Strips
Molecular Diagnostics
Polymer Chain Reaction Tests
Microarrays
Other Molecular Diagnostic Products
Other Companion Animal Diagnostic Technologies
By Application
Clinical Pathology
Bacteriology
Virology
Parasitology
Other Applications
By Animal Type
Dogs
Cats
Horses
Other
By End-User
Veterinary Reference Laboratories
Veterinary Hospitals and Clinics
Point-of-care/In-house Testing
Research Institutes and Universities
By Region
Europe
North America
Asia Pacific
Rest of The World
Competitive Rivalry
IDEXX Laboratories, Inc., Zoetis Inc., Heska Corporation, Thermo Fisher Scientific Inc., Virbac, Neogen Corporation, Biomérieux SA, INDICAL Bioscience GmbH (QIAGEN N.V.), Fujifilm Holdings Corporation, IDvet, and others are among the major players in the market. The companies studied in terms of product strategy and various n several growths and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.
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