Infinium Global Research has added
a new report on Veterinary
Molecular Diagnostics Market. The report presents analysis of global as
well as regional markets of veterinary molecular diagnostics market over the
period of 2016 to 2024. Molecular diagnostics is a collection of techniques used to
analyses biological markers in the genome
and proteome.
In veterinary molecular diagnostics, samples that are derived from animals are
tested. This diagnostics mostly focuses on the identification,
genotyping of pathogens and detection. In veterinary diagnosis these techniques
are used to diagnose diseases in individual animals and groups or to assess the
disease status of a group. Expansions in the farm animals sector and in
sociable attitude towards pet animals have resulted in an augmented demand for
fast and reliable diagnostic techniques.
Growing consciousness regarding the importance of molecular
diagnostics among veterinarians and general public in both developed and
developing countries for healthy livestock is estimated to drive the global
veterinary molecular diagnostics market. Further, increasing incidence of
numerous animal diseases worldwide, and upsurge in spending on pets are another
reasons driving the growth of this market. Additionally, owing to
increasing incidence of foodborne zoonotic diseases worldwide the production of
animal has reduced by 15%-20% per year. As per the European Food Safety
Authority (EFSA), around 3, 20,000 cases of foodborne and zoonotic diseases are
reported every year. Therefore, with increasing consciousness regarding
zoonotic diseases such as bird flu and swine flu farm owners are progressively
inclining towards the appropriate care of livestock through correct and
specific diagnosis. Furthermore, growth in purchase and usage of several diagnostic
instruments that are used in veterinary practices, families with high income
that keep pets and frequently visit veterinary laboratories and in-clinic
diagnostic processes are some of the factors boosting the growth of this
market. Rising urbanization and growth in the number of pet owners are likely
to provide opportunities to the veterinary molecular diagnostics market in
upcoming year. However, low awareness regarding Veterinary Molecular
Diagnostics in developed and developing countries acts as a restraining factor
for the market.
Geographically, North America has dominated the market growth
followed by Europe. The boosting factors for the veterinary molecular
diagnostics market are high number of animal diagnosis tests by pet owners,
large number of facilities for research & development and increasing demand
for livestock food products. Whereas, the factors responsible for the growth
veterinary molecular diagnostics market in Europe region is due to
increasing awareness of pet nutrition & health, augmented pet adoption and
presence of innovative veterinary molecular diagnostic technology for testing
wide range of animal pathogen. Moreover, the growth matrix
presented by Infinium Global Research identifies the key investment markets in
the near future, this will not only help the companies to understand the
competitive position in the global veterinary molecular diagnostics market but
also make strategic decisions to capture the most lucrative markets in the near
future.
The market size is presented in
terms of value for the historic year 2016 and estimated for forecast period of
2018-2024.
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The recent report identified that
North America dominated the global veterinary molecular diagnostics market over
the last couple of years, while emerging markets of Asia-Pacific and Latin
America are anticipated to contribute significantly to the growth in the
veterinary molecular diagnostics market worldwide.
The report segments the global
veterinary molecular diagnostics market on the basis of Product, Technology,
Animal Type, Disease Indication and End-User.
Global Veterinary Molecular
Diagnostics Market by Product
·
Instruments & Software
·
Kits & Reagents
·
Services
Global Veterinary Molecular
Diagnostics Market by Technology
·
Polymerase Chain Reaction (PCR)
·
Microarrays
·
DNA Sequencing
Global Veterinary Molecular
Diagnostics Market by Animal Type
·
Companion Animals
·
Livestock Animals
Global Veterinary Molecular
Diagnostics Market by Disease Indication
·
Vector-borne Diseases
·
Respiratory Pathogens Detection
·
Diarrhea Pathogens Detection
·
Others
Global Veterinary Molecular
Diagnostics Market by End-User
·
Hospitals/Clinics
·
Reference Laboratories
Companies Profiled in the Report
·
IDEXX Laboratories, Inc.
·
VCA, Inc.
·
Thermo Fisher Scientific, Inc.
·
Novacyt Group
·
QIAGEN N.V.
·
Biomedica Medizinprodukte GmbH
& Co KG
·
HealthGene Corporation
·
Bioneer
·
ABAXIS, Inc.
·
Neogen Corporation
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