Download Free Sample
Table of Contents
Diagnosis is an important component of disease management and prevention. A small mistake in disease Diagnosis can result in small outbreak of disease and hence create threat to the entire population. The veterinarian must undertake in-depth examination with object to figure out nature of infection in animals to achieve effective control measure for disease. In Veterinary Diagnostic cause of death provides vital information regarding treatment plan for animals. Diagnosis of disease is very important to ensure food and animal safety. The conventional Veterinary Diagnostic methods are lesser sensitive, time consuming, and not applicable in the diagnosis of morphologically similar organisms.
Globally animal diseases become major problem reducing the production of livestock, result in production of livestock in developing countries by approximately 16%. Modern molecular techniques such as DNA hybridization assays, polymerase chain reaction and its modifications have changed the prospective of diagnosis of animal diseases. Recent Veterinary Diagnostic technique includes tests that demonstrate the presence of the infectious agent, major antigens expressed with the help of agent or its nucleic acid and tests that demonstrate the presence of the antibodies against the infectious agent.
Rapid advances in molecular biology deliver new powerful Veterinary Diagnostic tools. Research success in identification of specific Influenza virus strain along with use of gold nanoparticles has emerged as grate relief in animal disease cure. Development in the field of agricultural biotechnology result in increasing demand for Nano-based and refined diagnostic techniques. DNA biotechnology in Veterinary Diagnostic now significantly contributing to improve the animal disease control programme and hence enhanced both food production and livestock trade. Modern biotechnology delivers the facilities for protein sequencing of the target animal and chance to manipulate animal DNA to achieve better results .
North America dominates the market with approximately 21 % of market share in 2023. Technological advancement along with better infrastructure and healthy budget spent on setting up laboratories driving market. Europe ranks second in terms revenue generated with Asia Pacific market showing highest CAGR in recent years. In Asian countries like China, India animal diseases severely affected livestock production but now region has developed advance Veterinary Diagnostic solution to cope with problem. Africa and South American Veterinary Diagnostic market also expected to show steady growth in recent years.
Veterinary Diagnostic Market: Procedure Type
Veterinary Diagnostic Market: End User / Application
Veterinary Diagnostic Market: Competition Analysis
Global Veterinary Diagnostic Market: Regional Analysis
Global Veterinary Diagnostic Market Report delivers a comprehensive analysis of the following parameters:
Parameters | Details |
---|---|
Base Year |
2024 |
Historical Data |
2019-2024 |
Forecast Data |
2025-2031 |
Base Year Value (2024) |
USD 4331.27 million |
Forecast Value (2031) |
USD 7968.71 million |
CAGR (2025-2031) |
9.1 % |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
Veterinary Diagnostic Market was valued at around USD 4331.27 million in 2024 & is estimated to reach USD 7968.71 million by 2031.
Veterinary Diagnostic Market is likely to grow at Compound Annual Growth Rate (CAGR) of 9.1% between 2025-2031.
Veterinary Diagnostic Market is dominated by the Livestock segment and the North America region holds the highest market share in 2023.
Some of the top key players in the Veterinary Diagnostic Market are IDEXX Laboratories, Abaxis, Thermo Fisher Scientific, Heska, Zoetis, Bio-Rad Laboratories, IDvet, Shenzhen Mindray Bio-Medical Electronics, NEOGEN CORPORATION, QIAGEN, VCA, Virbac.
Primary driving factors for the growth of the Veterinary Diagnostic Market include Technological advancement along with better infrastructure and healthy budget spent on setting up laboratories.
Yes, the report includes Geopolitical impact on the market.
Inquire Before Buying
We are committed to offering 100 % free customization while purchasing.
Receive a detailed insight into the Veterinary Diagnostic Market research study with our FREE sample report delivered straight to your email. The report covers major market factors such as Revenue, Forecast, Top companies insight, Regional analysis, Market trends & more.
Download Free Sample