Blood Segment by Sample Type to Account Larger Share in Swine Diagnostics Market during 2022–2030

According to our latest study on “Swine Diagnostics Market Forecasts (2020 - 2030), Global Analysis – Product Type, Sample Type, Disease Indication, and End User," the market is expected to grow from US$ 194.15 million in 2022 and is expected to reach a value of US$ 385.39 million by 2030; it is anticipated to record a CAGR of 8.9% from 2023 to 2030. The report highlights the key factors driving the swine diagnostics market growth and prominent players with their developments in the market.

The swine diagnostics market is significantly growing due to the increasing incidences of swine diseases. Major diseases such as African swine fever (ASF), Influenza A virus in Swine (IAV-S), porcine epidemic diarrhoea, and swine dysentery have led to increasing diagnostics. The growth of swine diseases has increased concerns among government authorities and pig farmers. However, the swine diseases have offered growth opportunities for companies to design, develop, and commercialize swine diagnostics products to improve swine health.

The swine diagnostics market, by sample type, is segmented into nasal swabs, oral fluids, tissue samples, blood, and others. The blood segment held a larger market share in 2022, and the same segment is expected to register a higher CAGR during 2022–2030. Blood samples are used to detect antibodies through ELISA-based tests and pathogenic genes from genetic materials (DBA/RNA) by employing PCR-based tests. A lot of care is required while collecting blood samples. Sterile condition is necessary; serum should be separated soon after collecting blood. Proper storage is essential to maintain the pathogenicity as blood samples are shipped to laboratories for testing. The samples are widely used for diagnosing African swine fever (ASF). Thus, the growing incidences of ASF in Asia, Africa, Europe, and North America are expected to bolster the demand for products for blood sample collection in the coming years.

BioCheck BV, Idexx Laboratories Inc, Thermo Fisher Scientific Inc, Zoetis Inc, Neogen Corp, INDICAL BIOSCIENCE GmbH, Ring Biotechnology Co Ltd, Innovative Diagnostics SAS, SAN Group GmbH, and Bionote Inc. are among the leading companies operating in the global Bioanalytical Testing Services market.    

Companies operating in the swine diagnostics market adopt various organic and inorganic strategies. Growth strategies mainly include product launches and product approvals, mergers & acquisitions, collaborations, and partnerships are among the growth strategies witnessed in the swine diagnostics market.

A few of the significant developments by key market players are listed below.

• In July 2020, Thermo Fisher Scientific announced launch of its Applied Biosystems VetMAX African Swine Fever Virus Detection Kit. The kit is approved by the World Organization for Animal Health (OIE) and is a manual kit used for detecting African swine fever (ASF). VetMAX African Swine Fever Virus Detection Kit is expected to play a vital role in outbreaks and monitoring non-infected pig populations in non-infected countries.
• In April 2021, BioCheck announced expansion to South Africa. The company has started its office in Johannesburg to cater its customers all over the Sub-Saharan region.

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