Veterinary Immunodiagnostics Market Reach USD 2,011.3 Million By 2022

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The global Veterinary Immunodiagnostics Market will grow at a CAGR of 9.6% during the forecast period to reach USD 2,011.3 million by 2022, according to this latest publication from Meticulous Research®. It is driven by rising demand for animal-derived food products, growing animal health care expenditure, and increasing zoonotic and foodborne diseases. In addition, growth in companion and livestock animals, increasing number of veterinary practitioners, and increasing pet ownership are further expected to boost the growth of the global market of Veterinary immunodiagnostics.


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The veterinary immunodiagnostics market is segmented by product type, animal type, application, technology, by end user, and geography.The market is further sub-segmented into cattle, pigs, and poultry. The companion segment is also further classified into feline, canine, and equine. The companion animals segment is expected to register the fastest growth during the forecast period, owing to rising number of pet ownerships, and growing expenditure on the health of pets.

The Veterinary immunodiagnostics market Report Drivers
  • ·         Rising Demand for Animal Derived Food Products and Growth in Companion and Livestock Animal Population
  • ·        Growing Animal Health Expenditure and Rising Pet Health insurance
  • ·         Increasing Level of Zoonotic and Foodborne Diseases and Growing Prevalence of Animal
  • ·         Diseases Increasing Number of Veterinary Practitioners in Developed Economics
  • ·         Increasing Pet Ownerships

The Veterinary immunodiagnostics market Report Restraints
  • ·         Low Animal Health Awareness in Developing Countries
  • ·         Increasing Pet Care Cost
  • ·         Cultural Differences to Affect the Adoption of Pet Animals

The leading companies in the global veterinary immunodiagnostics market are Abaxis inc., bioMérieux SA, IDEXX Laboratories inc., Heska Corporation, Virbac SA, Zoetis inc., Randox Laboratories Ltd., Neogen Corporation, Woodley Equipment Company Ltd, Thermo Fisher Scientific Inc., and QIAGEN N.V.

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Contact Us:
Viren Shrivastava
Email: viren@meticulousresearch.com

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