The animal diagnostics market size is poised to grow by USD 20.08 billion by 2033 from USD 8.22 billion in 2023, exhibiting a CAGR of 9.34% during the forecast period 2024-2033.
Key Points
- By region, North America dominated the animal diagnostics market in 2023.
- By region, Asia Pacific is expected to witness significant growth in the market during the forecast period.
- By product, the kits and reagent segment dominated the market in 2023.
- By product, the instruments segment is expected to grow in the market during the forecast period.
- By technology, the molecular diagnostics segment held the highest market share in 2023.
- By technology, the hematology segment is expected to grow at a significant rate in the market during the anticipated period.
- By animal type, the companion animals segment dominated the animal diagnostics market in 2023.
- By animal type, the livestock animals segment is expected to grow at a notable rate in the market during the predicted time period.
Precedence Research has conducted a comprehensive market study that provides valuable insights into the performance of the market during the forecast period. The study identifies significant trends that are shaping the growth of the Animal diagnostics market. In this recently published report, essential dynamics such as drivers, restraints, and opportunities are highlighted for both established market players and emerging participants involved in production and supply.
To begin with, the Animal diagnostics Market report features an executive summary that offers a concise overview of the marketplace. It outlines the key players and industry categories expected to have an impact on the market in the coming years. The executive summary provides an unbiased summary of the market.
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Animal Diagnostics Market Scope
Report Coverage | Details |
Growth Rate from 2024 to 2033 | CAGR of 9.34% |
Global Market Size in 2023 | USD 8.22 Billion |
Global Market Size by 2033 | USD 20.08 Billion |
Largest Market | North America |
Base Year | 2023 |
Forecast Period | 2024 to 2033 |
Segments Covered | By Product, By Technology, and By Animal Type |
Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Read More: Pregnancy Medication Market Size to Rake USD 135.43 Bn by 2033
The empirical study on the global Animal diagnostics market primarily focuses on the drivers in subsequent sections. It demonstrates how changing demographics are projected to influence the supply and demand dynamics in the Animal diagnostics Market. Our market report for the Animal diagnostics market also delves into the significant rules and regulations that are likely to impact the future growth of this sector. Moreover, in order to comprehend the underlying demand factors, industry experts have provided insights into its fundamental origins.
Animal Diagnostics Market Companies
- IDEXX Laboratories, Inc.
- Zoetis
- Antech Diagnostics, Inc. (Mars Inc.)
- Agrolabo S.p.A.
- Embark Veterinary, Inc.
- Esaote SPA
- Thermo Fisher Scientific, Inc.
- Innovative Diagnostics SAS
- Virbac
- FUJIFILM Corporation
Data Sources and Methodology
To gather comprehensive insights on the Global Animal diagnostics Market, we relied on a range of data sources and followed a well-defined methodology. Our approach involved interactions with industry experts and key stakeholders across the market’s value chain, including management organizations, processing organizations, and analytics service providers.
We followed a rigorous data analysis process to ensure the quality and credibility of our research. The gathered information was carefully evaluated, and relevant quantitative data was subjected to statistical analysis. By employing robust analytical techniques, we were able to derive meaningful insights and present a comprehensive overview of the Global Animal diagnostics Market.
The most resonating, simple, genuine, and important causes because of which you must decide to buy the Animal diagnostics market report exclusively from precedence research
- The research report has been meticulously crafted to provide comprehensive knowledge on essential marketing strategies and a holistic understanding of crucial marketing plans spanning the forecasted period from 2024 to 2033.
Key Features of the Report:
- Comprehensive Coverage: The report extensively encompasses a detailed explanation of highly effective analytical marketing methods applicable to companies across all industry sectors.
- Decision-Making Enhancement: It outlines a concise overview of the decision-making process while highlighting key techniques to enhance it, ensuring favorable business outcomes in the future.
- Articulated R&D Approach: The report presents a well-defined approach to conducting research and development (R&D) activities, enabling accurate data acquisition on current and future marketing conditions.
Market Segmentation:
By Products
- Kits and Reagents
- Instruments
- Software and Services
By Technology
- Molecular Diagnostics
- Hematology
- Immunodiagnostics
By Animal Type
- Companion Animal
- Livestock Animal
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Reasons to Consider Purchasing the Report:
- Enhance your market research capabilities by accessing this comprehensive and precise report on the global Animal diagnostics market.
- Gain a thorough understanding of the overall market landscape and be prepared to overcome challenges while ensuring robust growth.
- Benefit from in-depth research and analysis of the latest trends shaping the global Animal diagnostics market.
- Obtain detailed insights into evolving market trends, current and future technologies, and strategic approaches employed by key players in the global Animal diagnostics market.
- Receive valuable recommendations and guidance for both new entrants and established players seeking further market expansion.
- Discover not only the cutting-edge technological advancements in the global Animal diagnostics market but also the strategic plans of industry leaders.
Table of Content
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology (Premium Insights)
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Animal Diagnostics Market
5.1. COVID-19 Landscape: Animal Diagnostics Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Animal Diagnostics Market, By Products
8.1. Animal Diagnostics Market, by Products, 2024-2033
8.1.1 Kits and Reagents
8.1.1.1. Market Revenue and Forecast (2021-2033)
8.1.2. Instruments
8.1.2.1. Market Revenue and Forecast (2021-2033)
8.1.3. Software and Services
8.1.3.1. Market Revenue and Forecast (2021-2033)
Chapter 9. Global Animal Diagnostics Market, By Technology
9.1. Animal Diagnostics Market, by Technology, 2024-2033
9.1.1. Molecular Diagnostics
9.1.1.1. Market Revenue and Forecast (2021-2033)
9.1.2. Hematology
9.1.2.1. Market Revenue and Forecast (2021-2033)
9.1.3. Immunodiagnostics
9.1.3.1. Market Revenue and Forecast (2021-2033)
Chapter 10. Global Animal Diagnostics Market, By Animal Type
10.1. Animal Diagnostics Market, by Animal Type, 2024-2033
10.1.1. Companion Animal
10.1.1.1. Market Revenue and Forecast (2021-2033)
10.1.2. Livestock Animal
10.1.2.1. Market Revenue and Forecast (2021-2033)
Chapter 11. Global Animal Diagnostics Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Products (2021-2033)
11.1.2. Market Revenue and Forecast, by Technology (2021-2033)
11.1.3. Market Revenue and Forecast, by Animal Type (2021-2033)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Products (2021-2033)
11.1.4.2. Market Revenue and Forecast, by Technology (2021-2033)
11.1.4.3. Market Revenue and Forecast, by Animal Type (2021-2033)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Products (2021-2033)
11.1.5.2. Market Revenue and Forecast, by Technology (2021-2033)
11.1.5.3. Market Revenue and Forecast, by Animal Type (2021-2033)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Products (2021-2033)
11.2.2. Market Revenue and Forecast, by Technology (2021-2033)
11.2.3. Market Revenue and Forecast, by Animal Type (2021-2033)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Products (2021-2033)
11.2.4.2. Market Revenue and Forecast, by Technology (2021-2033)
11.2.4.3. Market Revenue and Forecast, by Animal Type (2021-2033)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Products (2021-2033)
11.2.5.2. Market Revenue and Forecast, by Technology (2021-2033)
11.2.5.3. Market Revenue and Forecast, by Animal Type (2021-2033)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Products (2021-2033)
11.2.6.2. Market Revenue and Forecast, by Technology (2021-2033)
11.2.6.3. Market Revenue and Forecast, by Animal Type (2021-2033)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Products (2021-2033)
11.2.7.2. Market Revenue and Forecast, by Technology (2021-2033)
11.2.7.3. Market Revenue and Forecast, by Animal Type (2021-2033)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Products (2021-2033)
11.3.2. Market Revenue and Forecast, by Technology (2021-2033)
11.3.3. Market Revenue and Forecast, by Animal Type (2021-2033)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Products (2021-2033)
11.3.4.2. Market Revenue and Forecast, by Technology (2021-2033)
11.3.4.3. Market Revenue and Forecast, by Animal Type (2021-2033)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Products (2021-2033)
11.3.5.2. Market Revenue and Forecast, by Technology (2021-2033)
11.3.5.3. Market Revenue and Forecast, by Animal Type (2021-2033)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Products (2021-2033)
11.3.6.2. Market Revenue and Forecast, by Technology (2021-2033)
11.3.6.3. Market Revenue and Forecast, by Animal Type (2021-2033)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Products (2021-2033)
11.3.7.2. Market Revenue and Forecast, by Technology (2021-2033)
11.3.7.3. Market Revenue and Forecast, by Animal Type (2021-2033)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Products (2021-2033)
11.4.2. Market Revenue and Forecast, by Technology (2021-2033)
11.4.3. Market Revenue and Forecast, by Animal Type (2021-2033)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Products (2021-2033)
11.4.4.2. Market Revenue and Forecast, by Technology (2021-2033)
11.4.4.3. Market Revenue and Forecast, by Animal Type (2021-2033)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Products (2021-2033)
11.4.5.2. Market Revenue and Forecast, by Technology (2021-2033)
11.4.5.3. Market Revenue and Forecast, by Animal Type (2021-2033)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Products (2021-2033)
11.4.6.2. Market Revenue and Forecast, by Technology (2021-2033)
11.4.6.3. Market Revenue and Forecast, by Animal Type (2021-2033)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Products (2021-2033)
11.4.7.2. Market Revenue and Forecast, by Technology (2021-2033)
11.4.7.3. Market Revenue and Forecast, by Animal Type (2021-2033)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Products (2021-2033)
11.5.2. Market Revenue and Forecast, by Technology (2021-2033)
11.5.3. Market Revenue and Forecast, by Animal Type (2021-2033)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Products (2021-2033)
11.5.4.2. Market Revenue and Forecast, by Technology (2021-2033)
11.5.4.3. Market Revenue and Forecast, by Animal Type (2021-2033)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Products (2021-2033)
11.5.5.2. Market Revenue and Forecast, by Technology (2021-2033)
11.5.5.3. Market Revenue and Forecast, by Animal Type (2021-2033)
Chapter 12. Company Profiles
12.1. IDEXX Laboratories, Inc.
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Zoetis
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Antech Diagnostics, Inc. (Mars Inc.)
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Agrolabo S.p.A.
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Embark Veterinary, Inc.
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Esaote SPA
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Thermo Fisher Scientific, Inc.
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Innovative Diagnostics SAS
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Virbac
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. FUJIFILM Corporation
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
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