Companion Animal Diagnostics Market worth US$ 2,684.86 Million by 2027- Exclusive Report by The Insight Partners


Posted March 2, 2023 by SunilTip

The companion animal diagnostics marketwas valued at US$ 2,031.62 million in2019 and is projected to reach US$ 2,684.86 million by 2027; it is expected to grow at a CAGR of 4.1%from 2020to 2027.

 
The Companion Animal Diagnostics Market business intelligence report by “The Insight Partners” entails detailed information regarding the dynamics affecting market valuation over the analysis period. It also covers the competitive landscape, market scope, and market segmentation. 

The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2021 to 2028. These analyses will help the reader to understand the potential worth of investment in a particular region.

Global Companion Animal Diagnostics Market: Competitive Landscape: Zoetis Inc., IDEXX laboratories, Inc, Thermo Fisher Scientific Inc, Virbac, Randox Laboratories Ltd, idvet, IDEXX Laboratories, Inc, Heska Corporation, Fujifilm Corporation, and Skyla Corporation are among the leading companies operating in the companion animal diagnostics market.

Based on technology, the global companion animal diagnostics market is segmented into immunodiagnostics, clinical biochemistry, hematology, urinalysis, molecular diagnostics, and others. The immunodiagnostics segment is further sub-segmented into lateral flow assays, Elisa tests, allergen-specific immunodiagnostic tests, and immunoassay analyzers. Whereas the clinical biochemistry is sub-segmented into clinical chemistry analysis, glucose monitoring, and blood gas electrolyte analysis. The immunodiagnostics segment held a largest share of the market.

The companion animal diagnostics market is expected to grow owing to factors such as growing prevalence of chronic diseases in pet animals and increasing adoption of pets for companionship. However, increasing pet care costs and extended pet lifespan are likely to restrain the growth of the market during the forecast period.

This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, during the forecast period of 2021 to 2028.

Global Companion Animal Diagnostics Market: Regional Analysis

The report offers in-depth assessment of the growth and other aspects of the Companion Animal Diagnostics market in important regions. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.

Major Key Points of Companion Animal Diagnostics Market

Companion Animal Diagnostics Market Overview
Companion Animal Diagnostics Market Competition
Companion Animal Diagnostics Market, Revenue and Price Trend
Companion Animal Diagnostics Market Analysis by Application
Company Profiles and Key Figures in Companion Animal Diagnostics Market
Market Dynamics
Methodology and Data Source

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The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Healthcare, Manufacturing and Construction, Media and Technology, Chemicals, and Materials.

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Issued By sunil
Country India
Categories Biotech , Health
Tags companion animal diagnostics , companion animal diagnostics market , companion animal diagnostics trends
Last Updated March 2, 2023