The global veterinary diagnostics market size was USD 6.63 Billion in 2021 and is expected to register a revenue CAGR of 11.2% during the forecast period, according to latest analysis by Emergen Research. Increasing number of laboratories adopting more creative techniques owing to recent advancements in diagnostics is a major factor driving market revenue growth. Veterinary diagnostics is an important and integral component for management as well as prevention of disease outbreak among animals. A few of the unique viruses that have appeared or reemerged in recent years and had a severe impact on a variety of industries, including animal husbandry, dairy, and other sectors, are tomato yellow leaf curl virus and citrus tristeza virus. Major viral infections cannot be cured, but if they are caught early and closely watched, they can spread more slowly, therefore globally, new Point-of-Care (PoC) testing utensils and breakthroughs in virus detection are needed.

As per the latest report published by Reports and Data, the global market development is majorly supported by a considerable rise in the demand for products and services offered by this industry. A detailed synopsis of the Veterinary Diagnostics market valuation, revenue estimation, and market statistics is a key component of the report.  Hence, the report aims to help readers gain viable insights into the competitive spectrum of the Veterinary Diagnostics market. It further draws attention to the vital business expansion strategies adopted by the leading market contenders to reinforce their global market positions.

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Key companies operating in the Veterinary Diagnostics market include:

Zoetis; Heska Corp., IDEXX Laboratories Inc., Agrolabo S.p.A., IDvet, Virbac, Thermo Fisher Scientific Inc., Neogen Corp., Covetrus, and iM3Vet Pty Ltd

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Veterinary Diagnostics market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Key Benefits of the Report:

• Critical understanding of the key market segments
• Comprehensive analysis of the drivers, restraints, trends, and opportunities
• Comprehensive analysis of the competitive scenario and its changing dynamics
• Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
• In-depth 8-year analysis of the Global Veterinary Diagnostics Market
• Detailed regional analysis and extensive company profiling
• Extensive assessment of current and emerging trends of the market

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Veterinary Diagnostics Market Segmentation:

• Type Outlook (Revenue, USD Billion; 2019-2030)

  • Consumables
  • Instruments & Devices
  • Reagents & Kits

• Species Outlook (Revenue, USD Billion; 2019-2030)

  • Bovine
  • Canine
  • Avian
  • Others

• End-use Outlook (Revenue, USD Billion; 2019-2030)

  • Veterinary Hospitals
  • Research Institutes
  • Others

Veterinary Diagnostics Market Segmentation by Regions:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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