The UK is the Largest Share Holder in Europe for Bovine Diagnostics Market

According to our latest study on " Bovine Diagnostics Market Size and Forecast to 2030 –Global Analysis – by Product, Disease Type, and End User," the market was valued at US$ 1,155.59 million in 2022 and is expected to reach US$ 2,011.15 million by 2030. It is estimated to register a CAGR of 7.2% during 2022–2030. The report highlights the key factors and trends impacting the market and focuses on prominent players and their strategies.

The UK contributes significantly to the bovine diagnostics market in Europe. The country has all the resources available to diagnose diseases in livestock and other animals. Public and private entities largely contribute to the bovine diagnostics market in the country. For example, Axiom Veterinary Laboratories is one of the largest providers of veterinary diagnostic testing for livestock in the UK. It offers a complete range of diagnostic testing and the CHeCS programs with assured quality tests at cost-effective prices. Further, the country has the highest incidence of bTB. According to data from the UK government, over 27,000 cattle were slaughtered to curb the spread of bTB in 2020. Innovative products offered by companies in the bovine diagnostics market assist other livestock therapeutics companies prevent and provide effective treatment based on the diagnosis. In March 2020, scientists at Randox Food Diagnostics introduced a bovine pathogen array against the world’s most prevalent bovine viruses, bacteria, and parasites.

Similarly, in North America, Canada is the second largest market and the growth is attributed to the growing developments. In February 2020, scientists at the Vaccine and Infectious Disease Organization-International Vaccine Centre (VIDO-InterVac) of the University of Saskatchewan (USask), and Parks Canada developed novel tools to diagnose bovine tuberculosis (bTB). These organizations are also conducting several trials on bison to test diagnostics tools, including the Actiphage blood test developed by PBD Biotech to provide accurate results and rapidly detect very low levels of mycobacteria in blood samples. In December 2021, the Animal and Plant Health Inspection Service, USDA, classified Canada as Level I for bTB and brucellosis. Further, Canada is experiencing an increase in the adoption of advanced technologies to detect infections in cattle. In January 2023, the Government of Canada announced investments of US$ 1.3 million (Can$ 1 million) to promote studies focusing on the development of digital tools that will help reduce the risks associated with metabolic diseases in dairy cows. Such developments are likely to contribute to the bovine diagnostics market growth in Canada in the coming years.

Idexx Laboratories Inc, PBD Biotech Ltd, Thermo Fisher Scientific Inc, Innovative Diagnostics SAS, Neogen Corp, Enfer Labs, bioMerieux SA, Ring Biotechnology Co Ltd, Bionote Inc, and Shenzhen Bioeasy Biotechnology Co Ltd. are among the key players operating in the global bovine diagnostics market.

The report segments the global bovine diagnostics market as follows:

The bovine diagnostics market is segmented based on product, disease type, and end user. By product, the bovine diagnostics market is bifurcated into immunoassay kits, PCR reagents & kits, hemagglutination inhibition (HI) assay, and other products. Based on disease type, the market is classified into bovine viral diarrhea (BVD), bovine tuberculosis (TB), bovine mastitis, foot and mouth disease (FMD), and other disease types.Based on end user, the Bovine Diagnostics Market is segment into veterinary hospitals, veterinary clinics, and other end-users. Geographically, the bovine diagnostics market is segmented into North America (the US, Canada, and Mexico), Europe (the UK, Germany, France, Italy, Spain, and the Rest of Europe), Asia Pacific (China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific), the Middle East & Africa (the UAE, Saudi Arabia, South Africa, and the Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America).

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