When a pet is faced with a medical condition with nonspecific or common symptoms with unknown underlying causes, various diagnostic tools available can make a big difference between the best diagnosis and a mediocre one. Diagnostic testing is essential when it comes to helping doctors to practice the best quality of veterinary medicine for pets, no matter whether they are young or old. Diagnostic testing gives needed information that allows doctors to treat pets faster and bring them back to optimal health. Many vital organs that keep a pet's body running do not give outward signs until disease or illness is in advanced stages. Still, diagnostic tests allow doctors to get a clear picture of the inner workings of animals.
MARKET DYNAMICS
Factors driving the growth of the pet diagnostic tests market are the prevalence of chronic and infectious diseases demanding effective diagnostics in pet animals, coupled with the availability of various advanced diagnosis options for different diseases. However, the rising pet care costs are expected to hamper the growth of the market. Moreover, rising R&D investment by the key market players for the development of innovative value-added in pets' diagnostic tests is anticipated to boost the market growth.
MARKET SCOPE
The "Pets Diagnostic Tests Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of pets' diagnostic tests market with detailed market segmentation by product type, raw material, application and end user. The pets' diagnostic tests market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in pets' diagnostic tests market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The pets' diagnostic tests market is segmented on the basis of technology, application, animal type, and end user. Based on technology, the market is segmented as immunodiagnostics, hematology, clinical biochemistry, urinalysis, molecular diagnostics, and others. On the basis of application, the market is categorized as bacteriology, clinical pathology, parasitology, virology, and others. On the basis of animal type, the market is categorized as dogs, cats, horses, others. On the basis of end-user, the market is categorized as diagnostic laboratories, veterinary hospitals and clinics, research institutes and universities, and point-of-care/in-house testing.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the pets' diagnostic tests market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The pets' diagnostic tests market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting pets diagnostic tests market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the pets' diagnostic tests market in these regions.
MARKET PLAYERS
The report covers key developments in the pets' diagnostic tests market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from pets' diagnostic tests market are anticipated to have lucrative growth opportunities in the future with the rising demand for pets' diagnostic tests in the global market. Below mentioned is the list of few companies engaged in the pets' diagnostic tests market.
The report also includes the profiles of key players in pets' diagnostic tests market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Zoetis, Inc.
- IDEXX Laboratories, Inc.
- Heska Corporation
- Thermo Fisher Scientific, Inc.
- Virbac
- Randox Laboratories Ltd.
- Neogen Corporation
- Heska Corporation
- bioM?rieux SA
- IDvet
- INDICAL Bioscience GmbH
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