Veterinary Molecular Diagnostics Market Overview

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Veterinary Molecular Diagnostics Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The report provides the current state of the Veterinary Molecular Diagnostics market by thorough analysis.

The evaluation of a broad range of animal infections by molecular methods is known as molecular diagnostics. Shorter testing times, better differentiation between virulent and avirulent strains, and superior specificity and sensitivity are only a few benefits of veterinary molecular diagnostics over conventional techniques.

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Veterinary Molecular Diagnostics Market Dynamics:

Rising prevalence of zoonotic diseases is the major factor driving the market growth. During the forecasted period, the rising prevalence of zoonotic illnesses is expected to fuel the growth of the veterinary molecular diagnostics market. Zoonotic infections are frequent in the United States and around the world, according to the CDC. According to CDC data, 6 out of every 10 new known infectious diseases in humans can be spread by animals, and 3 out of every 4 new or emerging infectious diseases in humans can be carried by animals. As a result, increasing attempts to minimise the spread of these viruses to humans include recognising disorders in animals and concentrating on their well-being.

Veterinary Molecular Diagnostics Market Regional Insights

Over the course of the forecast period, North America is anticipated to lead the global market.

Large corporations and growing pet adoption in the US are the main reasons for North America's dominance in the global veterinary molecular diagnostics industry. The growth of the regional industry is also being aided by growing awareness of animal welfare issues and heightened efforts by organizations to support animal welfare initiatives in the area. After North America, Europe is the second-most profitable region in the global veterinary molecular diagnostics market. The European veterinary molecular diagnostics market will expand with more government support, better diagnostic practices, and more veterinary diagnostic facilities.

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Veterinary Molecular Diagnostics Market Segmentation

by Product

Instruments
Kit and Reagents
Software and Services

According to product, the global market is anticipated to be dominated by the kits and reagents segment. The great majority of commercial products in the worldwide veterinary molecular diagnostics industry are kits. These kits help screen for a set of similar disorders and are primarily based on PCR techniques. Due to their high efficiency and specificity as well as their numerous veterinary uses, diagnostic kits and reagents are anticipated to develop quickly. It is anticipated that a large number of immune-assay-based products will be authorized for sale throughout the forecast period.

by Technology

PCR
Microarray
DNA Sequencing

by Application

Infectious Diseases
Genetics
Other Applications

Veterinary Molecular Diagnostics Market Key Players

1. IDEXX Laboratories, Inc.
2. Thermo Fisher Scientific, Inc.
3. Zoetis, Inc.
4. Neogen Corporation
5. bioMérieux SA
6. QIAGEN N.V.
7. Biomedica Medizinprodukte GmbH & Co KG
8. Bioneer
9. ID.VET
10. VCA Inc.
11. HealthGene Corporation
12. Abaxis Inc.
13. NeoGenomics Laboratories, Inc.
14. Heska Corporation
15. Virbac
16. CAREVET
17. Agfa-Gevaert Group.
18. Veterinary Molecular Diagnostics, Inc.
19. Novacyt Group
20. AT Veterinary Systems Ltd.
21. Animage LLC

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Key questions answered in the Veterinary Molecular Diagnostics Market are:

• What is Veterinary Molecular Diagnostics ?
• What will be the CAGR at which the Veterinary Molecular Diagnostics market will grow?
• What is the growth rate of the Veterinary Molecular Diagnostics Market?
• What are the industry trends that can be implemented to generate additional revenue streams for the Veterinary Molecular Diagnostics Market?
• Who are the leading companies and what are their portfolios in Veterinary Molecular Diagnostics Market?
• What segments are covered in the Veterinary Molecular Diagnostics Market?
• Which are the factors expected to drive the Veterinary Molecular Diagnostics market growth?

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