Veterinary Infectious Diseases Diagnostics Market is Projected o Hit USD 2 Billion by 2026
Veterinary Infectious Disease Diagnostics Market
The global veterinary infectious disease diagnostics market is driven by an increased animal health expenditure, and growing demand for pet insurance.
WILMINGTON, DELAWARE , UNITED STATES, June 19, 2024 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, "Veterinary Infectious Disease Diagnostics Market by Product Type, Application: Global Opportunity Analysis and Industry Forecast, 2018โ2026," The global veterinary infectious disease diagnostics market size was valued at $1 billion in 2018, and is expected to reach $2 billion by 2026, registering a CAGR of 8.3% from 2019 to 2026.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ https://www.alliedmarketresearch.com/request-sample/A06097
๐๐ก๐ ๐ข๐ฆ๐ฆ๐ฎ๐ง๐จ๐๐ข๐๐ ๐ง๐จ๐ฌ๐ญ๐ข๐๐ฌ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐ฆ๐๐ข๐ง๐ญ๐๐ข๐ง ๐ข๐ญ๐ฌ ๐ฅ๐๐๐๐๐ซ๐ฌ๐ก๐ข๐ฉ ๐ฉ๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐๐ฒ 2026
In 2018, the immunodiagnostics segment accounted for nearly half of the total share in the global veterinary infectious disease diagnostics market, and it is anticipated to retain its leading position throughout the forecast period. Furthermore, this segment is projected to exhibit the highest CAGR of 9.2% from 2019 to 2026, driven by advantages such as rapid results and accurate diagnosis. The research also examines other segments, including molecular diagnostics and others.
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ ๐ญ๐จ ๐ฆ๐๐ข๐ง๐ญ๐๐ข๐ง ๐ข๐ญ๐ฌ ๐๐จ๐ฆ๐ข๐ง๐๐ง๐๐ ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐
By region, North America held the largest market share by revenue in 2018, accounting for nearly two-fifths of the global veterinary infectious disease diagnostics market, and is projected to maintain its dominance throughout the forecast period. This is due to increased awareness about early disease screening in companion animals and the availability of superior veterinary treatment options. Additionally, the Asia-Pacific region is expected to achieve the highest CAGR of 10.3% from 2019 to 2026, driven by a rise in pet ownership and greater awareness of early diagnosis and treatment of diseases in companion animals.
๐ ๐จ๐ซ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐ญ https://www.alliedmarketresearch.com/purchase-enquiry/A06097
๐๐๐๐๐ข๐ง๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ
Biomรฉrieux SA
HESKA Corporation
IDEXX Laboratories, Inc.
ID.Vet
Neogen Corporation
Qiagen N.V.
Randox Laboratories Ltd.
Thermo Fisher Scientific Inc.
Virbac
Zoetis
๐๐ญ๐ก๐๐ซ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ข๐ง ๐๐ข๐๐ ๐๐๐ข๐๐ง๐๐ ๐๐จ๐ฆ๐๐ข๐ง
๐๐จ๐ง๐ฃ๐ฎ๐ง๐๐ญ๐ข๐ฏ๐ข๐ญ๐ข๐ฌ ๐๐ซ๐๐๐ญ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/conjunctivitis-treatment-market-A17599
๐๐๐๐ ๐๐ง๐ ๐๐ฌ๐ญ๐ก๐ฆ๐ ๐๐ข๐๐ ๐ง๐จ๐ญ๐ข๐ ๐๐ง๐ ๐๐จ๐ง๐ข๐ญ๐จ๐ซ๐ข๐ง๐ ๐๐๐ฏ๐ข๐๐ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/copd-and-asthma-diagnostic-and-monitoring-devices-market-A10567
David Correa
Allied Market Research
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