The global demand for Veterinary Molecular Diagnostics Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Veterinary molecular diagnostics refers to animals sample testing that focuses on the detection, identification, and genotyping of pathogens. Veterinary molecular diagnostics involve sample testing of animal pathogens using molecular based methods, such as conventional, real-time, and quantitative PCR. These are carried out to either the diagnose diseases in individual animals and herds or to assess the disease status of a herd.
Market Dynamics
Rising burden of infections and diseases among animals and growing awareness among poultry farmers is projected to drive growth of global veterinary molecular diagnostics market. Growing farm animals sector and changing societal attitude towards pet animals have resulted in an increased demand for veterinary molecular diagnostics. The field of molecular diagnostics in veterinary practice is rapidly evolving. Veterinary molecular diagnostics is recognized as most fast and reliable diagnostic techniques. This advanced technique allow highly sensitive detection of nucleic acids to aid in the diagnosis of infectious diseases and have the advantage of requiring only small amounts of a diverse spectrum of biological sample types. This is contributing to spurring growth of the global veterinary molecular diagnostics market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of veterinary molecular diagnostics. The growth and trends of veterinary molecular diagnostics industry provide a holistic approach to this study.
Market Segmentation
This section of the veterinary molecular diagnostics market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product
- Instruments
- Kit and Reagents
- Software and Services
By Application
- Infectious Diseases
- Genetics
- Others
By Technology
- PCR
- Microarray
- DNA Sequencing
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Veterinary Molecular Diagnostics market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Veterinary Molecular Diagnostics Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the veterinary molecular diagnostics market include Biomerieux SA, Ingenetix GmbH, Idexx Laboratories Inc., Neogen Corporation, Thermo Fischer Scientific Inc., bioMérieux SA, IDEXX Laboratories, Inc. and Qiagen N.V. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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