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Global Veterinary Diagnostics Market - Expected to Grow With the CAGR of Approximately 9.4% During 2016-2023 - Research and Markets

DUBLIN, Dec 05, 2017 (BUSINESS WIRE) --

The "Global Veterinary Diagnostics Market Insights, Opportunity, Analysis, Market Shares And Forecast 2017 - 2023" report has been added to Research and Markets' offering.

The global veterinary diagnostics market is expected to grow with the CAGR of approximately 9.4% during the forecast period (2016-2023). The factors that are positively affecting the market growth are increasing consumer spending on pets, increasing livestock population, increasing prevalence of animal diseases across the globe, increasing demand for animal-derived food products and innovation in veterinary diagnostics. Regarding laboratory based diagnosis, polymerase chain reaction (PCR) is being broadly used method to identify the nucleic acids in clinical sample as a highly rapid alternative to various detection methods, primarily for Avian Influenza A virus.

Several versions of PCR such as nested PCR (for overall genome sequencing of pestiviruses) and Real-Time PCR (for variation of morbilli virus regarding insertion sequence analysis for Mycobacterium paratuberculosis) as well as multiplex PCR (for distinguishing the cluster of various viruses, causing diseases in swine) has led to improve the ability of veterinary diagnosticians time to time. Fast innovations in molecular biology offer new powerful diagnostic techniques such as PCR (Polymerase Chain Reaction) etc. Nano-based and refined diagnostic methods are primarily receiving maximum attention due to the development in the sector of agricultural biotechnology. Particular Influenza virus strain detection and the use of gold nanoparticles are quiet important in this regard. The use of DNA biotechnology for animal health (for example, micro- array based diagnosis for species and type level variation of viruses who are belonging to the family Picornaviridae) also contribute to develop animal disease control program and can stimulate both livestock trade and food production.

Companies Mentioned

Abaxis, Inc. (U.S.) Abbott Laboratories (U.S.) Acon Laboratories, Inc. (U.S.) Bio-Rad Laboratories, Inc. (U.S.) Henry Schein, Inc. (U.S.) Heska Corporation (U.S.) Horiba, Ltd. (Japan) Id Vet (France) Idexx Laboratories, Inc. (U.S.) Mindray Medical International Ltd. (China) Neogen Corp. (U.S.) Pfizer, Inc. (U.S.) Qiagen Nv (Germany) Thermo Fisher Scientific, Inc. (U.S.) Zoetis, Inc. (U.S.)

Key Topics Covered:

1. Introduction

2. Market Overview

3. Market Determinants

4. Market Segmentation

5. Competitive Landscape

6. Global Veterinary Diagnostics Market By Region 2014-2023 ($ Million)

7. Company Profiles

For more information about this report visit

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SOURCE: Research and Markets

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Related Topics: Animal Healthcare/Veterinary

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