Global Veterinary Diagnostics Market to Reach $4.6 Billion by 2030
The global market for Veterinary Diagnostics estimated at US$2.7 Billion in the year 2022, is projected to reach a revised size of US$4.6 Billion by 2030, growing at a CAGR of 7% over the analysis period 2022-2030. Consumables, one of the segments analyzed in the report, is projected to record 8.1% CAGR and reach US$2.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Instruments segment is readjusted to a revised 5.7% CAGR for the next 8-year period.The U.S. Market is Estimated at $723.1 Million, While China is Forecast to Grow at 11.7% CAGR
The Veterinary Diagnostics market in the U.S. is estimated at US$723.1 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2030 trailing a CAGR of 11.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.Select Competitors (Total 24 Featured) -
- Abaxis, Inc.
- Heska Corporation
- Idexx Laboratories, Inc.
- Idvet
- Neogen Corporation
- Qiagen NV
- Thermo Fisher Scientific, Inc.
- Virbac Group
- Zoetis, Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Abaxis, Inc.
- Heska Corporation
- Idexx Laboratories, Inc.
- Idvet
- Neogen Corporation
- Qiagen NV
- Thermo Fisher Scientific, Inc.
- Virbac Group
- Zoetis, Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 164 |
Published | May 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 2.7 Billion |
Forecasted Market Value ( USD | $ 4.6 Billion |
Compound Annual Growth Rate | 6.9% |
Regions Covered | Global |