Veterinary Infectious Disease Diagnostics Market: Competitive Strategy, Benchmarking And Demand Trend Analysis
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Summary
- In April 2021, INDICAL BIOSCIENCE GmbH (Germany) acquired Boehringer Ingelheim’s Svanova product portfolio which helped INDICAL widen its portfolio by adding 25 assays for livestock.
This report aims to provide detailed insights into the global Veterinary Infectious Disease Diagnostics market. It provides valuable information on the type, procedure, application, and region in the market. Furthermore, the information for these segments, by region, is also presented in this report. Leading players in the market are profiled to study their product offerings and understand the strategies undertaken by them to be competitive in this market.
Revenue Growth Analysis:
The veterinary infectious disease diagnostics market is expected to reach USD 2.6 billion by 2026 from an estimated USD 1.7 billion in 2021, at a CAGR of 9.0%.
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Veterinary Infectious Disease Diagnostics Market
Key Factors Driving Market Growth:
Growing demand for advanced veterinary infectious disease diagnostic tools, increasing demand for animal-derived food products, growth in companion animal population, rising demand for pet insurance, increasing number of veterinary practitioners in developed economies, and growing disease control & disease prevention measures are some of the key factors driving the Veterinary Infectious Disease Diagnostics Market growth.
Veterinary Infectious Disease Diagnostics Market (MarketsandMarkets)
Competitive Landscape:
The competitive landscape includes the analysis of the key growth strategies adopted by major players to expand their global presence and increase their shares in the market. The key growth strategies adopted by the top players in the market include product launches and approvals, agreements, expansions, and acquisitions. Product approvals and launches were the most widely adopted growth strategies by market players in the last three years to garner a larger share of the market.
Key Players:
- IDEXX Laboratories, Inc. (US),
- Zoetis, Inc. (US),
- Thermo Fisher Scientific, Inc. (US),
- Virbac (France),
- bioMérieux SA (France),
- Heska Corporation (US),
- IDvet (France),
- NEOGEN Corporation (US),
- QIAGEN N.V. (a part of INDICAL Bioscience) (Europe)
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