Press "Enter" to skip to content

Veterinary Molecular Diagnostics Market Prominent Growth Rate 2019 | Top Key Players, Demand Status Analysis, Share, Industry Size with Forecast Till 2024

Veterinary

The “Veterinary Molecular Diagnostics Market” 2019 gives in-depth analysis of the market growth rate, raw material sources, value chain format, various innovative strategies, import/export, price structure, distribution channel, and production value. Veterinary Molecular Diagnostics market research study offers the market share, size, and forecasts at the global level in addition to the regional analysis. It also analyses and provides the global market size of the main players in each region. The industry-changing reasons for the market segments are explored in this report.

Market Overview:

  • – Developments in the animal farming sector and changing societal attitude toward pet animals have resulted in an increased demand for fast and reliable diagnostic techniques. Molecular diagnostics possess the potential to address this growing demand. As of 2018, more than 60% of the US population owned a pet/companion animal. There is an increasing trend of treating pets as family members, which has increased the healthcare demands for veterinary applications. Additionally, there is a booming market for molecular diagnostics technology in the United States. The players in the molecular diagnostics market are expanding to provide services beyond human applications in the form of animal diagnostics.
  • – The increasing pet population is one of the reasons for the rising health expenditure on animals, globally. As per the estimates of the American Pet Products Association, the total American pet industry expenditure is expected to reach USD 75.38 billion by end 2019, up from USD 72.56 billion in 2018. The rise in animal health expenditure is expected to drive the growth of the veterinary molecular diagnostics market, as a significant portion of pet owners are expected to use advanced diagnostic modalities for animals, for various disease conditions.
  • – Furthermore, there is an increase in the livestock population, owing to the huge demand for animal-derived products. This is expected to increase the demand for molecular diagnostic tests in the next coming years.<

    Get a Sample Copy of the Report – https://www.industryresearch.co/enquiry/request-sample/14244352

    Following Key Players Included in Veterinary Molecular Diagnostics Market Report Are:

  • Biochek BV
  • Biomerieux SA
  • Bioneer Corporation
  • Idexx Laboratories Inc.
  • Ingenetix GmbH
  • Neogen Corporation
  • Thermo Fischer Scientific Inc.
  • Veterinary Molecular Diagnostics Inc.

    Scope of the Report:

  • Veterinary molecular diagnostics refer to the molecular diagnostic techniques that are employed to analyze samples originating from animals (companion, domestic, etc.). Veterinary molecular diagnostics primarily focuses on the detection, identification, and genotyping of pathogens.

    Veterinary Molecular Diagnostics Market Report Provides Comprehensive Analysis of:

    • Functional market industry outline
    • Up and downstream industry examination
    • Channels and propositions believability
    • Market challenge by key players
    • Enhancement suggestions examination

    For More Information or Query or Customization Before Buying, Visit athttps://www.industryresearch.co/enquiry/pre-order-enquiry/14244352

    Key Market Trends:

    The Kits and Reagents Segment is Expected to Register Robust Growth During The Forecast Period

    Majority of the commercial products in the global veterinary molecular diagnostics market are available in the form of kits. These kits are predominantly based on PCR techniques and help in the screening of a family of related disorders. The kits based on microarrays are steadily increasing their market share. Over the forecast period, many products based on immune-assays are expected to receive marketing approval. There are several assays linked to pathogen and viruses detection, which are combined with the PCR techniques, such as Porcine Epidemic Diarrhea Virus (PEDv), Porcine Deltacoronavirus (PDCoV), and Transmissible Gastroenteritis Virus (TGEV). Different companies have specialization and resources restricted for assays to be useful for a certain category of animals, which is among the major challenge for the use of molecular diagnostics. However, over the forecast period, the kits and reagent segment is poised to register rapid growth, due to the growing trend of performing tests at the large scale across multiple hospitals.

    North America is Expected to Retain the Largest Share in the Market

    In 2018, North America had the largest share in the market studied. Additionally, the North American region is expected to exhibit the highest growth rate over the forecast period. This is primarily due to the increasing trend of pet ownership in the region and rising demand for animal-based proteins in the region. The United States is expected to retain its significant market share, owing to factors, such as rising pet adoption and increasing per capita animal healthcare expenditure. In addition, the rise in the prevalence of various animal diseases and injuries has been identified as the major factor fueling market growth.

    Reasons for Buying Veterinary Molecular Diagnostics Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

    Purchase this Report (Price 4250 USD for single user license) – https://www.industryresearch.co/purchase/14244352

    Detailed TOC of Veterinary Molecular Diagnostics Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Rise in Prevalence of Animal Diseases
    4.2.2 Increase in Demand for Animal-derived Proteins
    4.2.3 Growth in Animal Health Expenditure
    4.3 Market Restraints
    4.3.1 Lack of Skilled Personnel
    4.3.2 High Cost of Diagnostic Tests
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Product
    5.1.1 Instruments
    5.1.2 Kit and Reagents
    5.1.3 Software and Services
    5.2 By Application
    5.2.1 Infectious Diseases
    5.2.2 Genetics
    5.2.3 Other Applications
    5.3 By Technology
    5.3.1 PCR
    5.3.2 Microarray
    5.3.3 DNA Sequencing
    5.4 Geography
    5.4.1 North America
    5.4.1.1 US
    5.4.1.2 Canada
    5.4.1.3 Mexico
    5.4.2 Europe
    5.4.2.1 Germany
    5.4.2.2 UK
    5.4.2.3 France
    5.4.2.4 Italy
    5.4.2.5 Spain
    5.4.2.6 Rest of Europe
    5.4.3 Asia-Pacific
    5.4.3.1 China
    5.4.3.2 Japan
    5.4.3.3 India
    5.4.3.4 Australia
    5.4.3.5 South Korea
    5.4.3.6 Rest of Asia-Pacific
    5.4.4 Middle East & Africa
    5.4.4.1 GCC
    5.4.4.2 South Africa
    5.4.4.3 Rest of Middle East & Africa
    5.4.5 South America
    5.4.5.1 Brazil
    5.4.5.2 Argentina
    5.4.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Biochek BV
    6.1.2 Biomerieux SA
    6.1.3 Bioneer Corporation
    6.1.4 Idexx Laboratories Inc.
    6.1.5 Ingenetix GmbH
    6.1.6 Neogen Corporation
    6.1.7 Thermo Fischer Scientific Inc.
    6.1.8 Veterinary Molecular Diagnostics Inc.

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

    Contact Us:

    Name: Ajay More

    Phone: US +14242530807/ UK +44 20 3239 8187

    Email: [email protected]

     

    Our Other Reports:

    Global Signal Transmission Wire and Cable Market 2019: Industry Demand, Supplies, Growth Rate, Manufacturers, Insight & Forecast by 2022

    Global Soft Cheese Market 2019-2023: Sales Volume, Price, Operating Cost, Operating Profits, Revenue, and Profit Margin of Market

    Water Infrastructure Equipment Market 2019 Global Industry Leading Players Update, Gross Margin Analysis, Size, Development History, Business Prospect and Industry Research Report 2023

    LCD Cinema Projector Market 2019 Global Industry Share, Demand, Top Players, Industry Size, Future Growth by 2023 – Industry Research.co

    Spill Pallets Market 2019 Global Share, Growth, Size, Opportunities, Trends, Regional Overview, Leading Company Analysis, And Key Country Forecast to 2025