Global Veterinary Molecular Diagnostics Market (2018-2024): Analysis, Trends, Size and Forecasts - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 24, 2018--The “Veterinary Molecular Diagnostics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024” report has been added to ResearchAndMarkets.com’s offering.
The report predicts the global veterinary molecular diagnostics market to grow with a CAGR of 8.2% over the forecast period of 2018-2024.
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 320,000 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.
Company ProfilesIDEXX 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
Key Topics Covered
2. Executive Summary
3. Global Veterinary Molecular Diagnostics Market Overview
4. Veterinary Molecular Diagnostics Market Macro Indicator Analysis
5. Global Veterinary Molecular Diagnostics Market by Product
6. Global Veterinary Molecular Diagnostics Market by Technology
7. Global Veterinary Molecular Diagnostics Market by Animal Type
8. Global Veterinary Molecular Diagnostics Market by Disease Indication
9. Global Veterinary Molecular Diagnostics Market by End-User
10. Global Veterinary Molecular Diagnostics Market by Region 2018-2024
11. Company Profiles and Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/jwckdl/global_veterinary?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180924005646/en/
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Related Topics:Animal Healthcare/Veterinary
INDUSTRY KEYWORD: HEALTH VETERINARY
SOURCE: Research and Markets
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PUB: 09/24/2018 10:52 AM/DISC: 09/24/2018 10:52 AM