DUBLIN--(BUSINESS WIRE)--The "Veterinary Diagnostics - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
According to the report, the market is accounted for $2.2 billion in 2017 and is expected to reach $5.30 billion by 2026 growing at a CAGR of 10.2% during the forecast period.
Factors such as growing number of disease outbreaks in animals, zoonotic diseases arising in humans, rising number of veterinary doctors are boosting the growth of the market. Moreover, increasing knowledge about animal health and the demand to prevent antimicrobial-resistant bacteria provide ample opportunities for the market growth. However increasing inclination towards a vegetarian diet and increasing pet care costs are hindering the market growth.
Based on animal type, the livestock animals segment witnessed considerable growth due to the increasing population which led to the rising demand for dairy products such as milk, butter, and curd. Additionally, the increasing consumption of meat in the developing countries will also increase the market's growth during the forecast period.
By geography, North America is dominating the market owing to the existence of high quality healthcare systems for both humans and veterinary animals. Growing prevalence of zoonotic diseases has increased the demand for veterinary diagnostics centers which will subsequently contribute to the market's growth in this region.
Key Topics Covered
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Veterinary Diagnostics Market, By Product
6 Global Veterinary Diagnostics Market, By Animal Type
7 Global Veterinary Diagnostics Market, By Technology
8 Global Veterinary Diagnostics Market, By End-User
9 Global Veterinary Diagnostics Market, By Geography
10 Key Developments
11 Company Profiling
- Biomerieux SA
- Neogen Corporation
- Heska Corporation
- VCA Antech
- Thermo Fisher Scientific
- Pfizer
- IDVet
- Idexx
- Virbac
- Henry Schein
- Mindray Medical International Ltd.
- Randox Laboratories Ltd.
- Qiagen N.V.
- Biochek
- Zoetis
- Abaxis
For more information about this report visit https://www.researchandmarkets.com/research/72bp2m/global_veterinary?w=4
