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Veterinary Rapid Tests Market by Animal Type and Geography - Forecast and Analysis 2020-2024

  • ID: 4871429
  • Report
  • November 2019
  • Region: Global
  • 145 Pages
  • TechNavio
1h Free Analyst Time
1h Free Analyst Time

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FEATURED COMPANIES

  • BioNote Inc.
  • Biopanda Reagents Ltd.
  • Fassisi
  • Heska Corp.
  • IDEXX Laboratories Inc.
  • MEGACOR Diagnostik GmbH
1h Free Analyst Time

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Global Veterinary Rapid Tests Market: About this market
The veterinary rapid tests market analysis considers sales from companion animals and livestock types. Our study also finds the sales of veterinary rapid tests in Asia, Europe, MEA, North America, and ROW. In 2019, the companion animal segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as growing pet ownership and rising pet insurance will play a significant role in the companion animal segment to maintain its market position. Also, our global veterinary rapid tests market report looks at factors such as increasing prevalence of zoonotic diseases, rising number of new product launches, and growing mergers and acquisitions. However, intense competition among vendors, presence of substitutes, and low awareness about animal health in developing and underdeveloped countries may hamper the growth of the veterinary rapid tests industry over the forecast period.

Global Veterinary Rapid Tests Market: Overview

Increasing prevalence of zoonotic diseases
A zoonotic disease is a disease that can spread from an animal to the human population via virus, bacteria, fungi, or parasite. For example, roundworms and hookworms that commonly infect young animals such as puppies and kittens can spread to the human population. In addition, factors such as the lack of appropriate facilities for human and animal health, frequent contact with animals, and the consumption of livestock products have increased the prevalence of zoonotic diseases across the world. To protect both human and pet populations from such infectious diseases and to maintain the health of their pets, the demand for the veterinary rapid tests is expected to increase. This will lead to the expansion of the global veterinary rapid tests market at a CAGR of almost 7% during the forecast period.

Growing adoption of companion animals
The rise in pet ownership indicates the scope of growth of the global veterinary rapid tests market. Vendors are observing a rise in the sales of their companion animal segment in developed countries. A significant number of companion animals are adopted from animal shelters. Dogs and cats are considered the most preferred pets and account for the largest pet owners in the UK. Owing to the rise in pet adoption, vendors are investing in cloud technologies to enhance pet care services. For instance, rVetLink is a comprehensive referral management solution developed by IDEXX for specialty care hospitals. It is expected to streamline the referral process between a primary care veterinarian and specialty care veterinarian, thereby enabling the provision of advanced care to veterinary patients. This development is expected to have a positive impact on the overall market growth.

Competitive Landscape
With the presence of several major players, the global veterinary rapid tests market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading veterinary rapid tests manufacturers, that include BioNote Inc., Biopanda Reagents Ltd., Fassisi, Society for Veterinary Diagnostics and Environmental Analysis mbH, Heska Corp., IDEXX Laboratories Inc., MEGACOR Diagnostik GmbH, SWISSAVANS AG, Virbac SA, Woodley Equipment Co. Ltd., and Zoetis Inc.

Also, the veterinary rapid tests market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • BioNote Inc.
  • Biopanda Reagents Ltd.
  • Fassisi
  • Heska Corp.
  • IDEXX Laboratories Inc.
  • MEGACOR Diagnostik GmbH

PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$

PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Value chain analysis
  • Market segmentation analysis

PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2019
  • Market size and forecast 2019-2024
  • Market outlook

PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: CUSTOMER LANDSCAPE
PART 07: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • Asia - Market size and forecast 2019-2024
  • ROW - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 08: MARKET SEGMENTATION BY ANIMAL TYPE
  • Market segmentation by animal type
  • Comparison by animal type
  • Companion animals - Market size and forecast 2019-2024
  • Livestock - Market size and forecast 2019-2024
  • Market opportunity by animal type

PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS
  • Growing presence of veterinary clinics and hospitals
  • Increasing funding for and investments in veterinary health
  • Growing adoption of companion animals

PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • BioNote Inc.
  • Biopanda Reagents Ltd.
  • Fassisi, Society for Veterinary Diagnostics and Environmental Analysis mbH
  • Heska Corp.
  • IDEXX Laboratories Inc.
  • MEGACOR Diagnostik GmbH
  • SWISSAVANS AG
  • Virbac SA
  • Woodley Equipment Co. Ltd.
  • Zoetis Inc.

PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

List of Exhibits
Exhibit 01: Global healthcare supplies market
Exhibit 02: Segments of global healthcare supplies market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Product overview
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2019
Exhibit 08: Global market: Size and forecast 2019-2024 ($ millions)
Exhibit 09: Global market: Year-over-year growth 2020-2024 (%)
Exhibit 10: Five forces analysis 2019
Exhibit 11: Five forces analysis 2024
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2019
Exhibit 18: Customer landscape
Exhibit 19: Market share by geography 2019-2024 (%)
Exhibit 20: Geographic comparison
Exhibit 21: North America - Market size and forecast 2019-2024 ($ millions)
Exhibit 22: North America - Year-over-year growth 2020-2024 (%)
Exhibit 23: Europe - Market size and forecast 2019-2024 ($ millions)
Exhibit 24: Europe - Year-over-year growth 2020-2024 (%)
Exhibit 25: Asia - Market size and forecast 2019-2024 ($ millions)
Exhibit 26: Asia - Year-over-year growth 2020-2024 (%)
Exhibit 27: ROW - Market size and forecast 2019-2024 ($ millions)
Exhibit 28: ROW - Year-over-year growth 2020-2024 (%)
Exhibit 29: Key leading countries
Exhibit 30: Market opportunity
Exhibit 31: Animal type - Market share 2019-2024 (%)
Exhibit 32: Comparison by animal type
Exhibit 33: Companion animals - Market size and forecast 2019-2024 ($ millions)
Exhibit 34: Companion animals - Year-over-year growth 2020-2024 (%)
Exhibit 35: Livestock - Market size and forecast 2019-2024 ($ millions)
Exhibit 36: Livestock - Year-over-year growth 2020-2024 (%)
Exhibit 37: Market opportunity by animal type
Exhibit 38: Product launch details
Exhibit 39: Mergers and acquisitions
Exhibit 40: Impact of drivers and challenges
Exhibit 41: Vendor landscape
Exhibit 42: Landscape disruption
Exhibit 43: Vendors covered
Exhibit 44: Vendor classification
Exhibit 45: Market positioning of vendors
Exhibit 46: BioNote Inc. - Vendor overview
Exhibit 47: BioNote Inc. - Product segments
Exhibit 48: BioNote Inc. - Organizational developments
Exhibit 49: BioNote Inc. - Key offerings
Exhibit 50: BioNote Inc. - Key customers
Exhibit 51: Biopanda Reagents Ltd. - Vendor overview
Exhibit 52: Biopanda Reagents Ltd. - Product segments
Exhibit 53: Biopanda Reagents Ltd. - Key offerings
Exhibit 54: Biopanda Reagents Ltd. - Key customers
Exhibit 55: Fassisi, Society for Veterinary Diagnostics and Environmental Analysis mbH - Vendor overview
Exhibit 56: Fassisi, Society for Veterinary Diagnostics and Environmental Analysis mbH - Product segments
Exhibit 57: Fassisi, Society for Veterinary Diagnostics and Environmental Analysis mbH -
Organizational developments
Exhibit 58: Fassisi, Society for Veterinary Diagnostics and Environmental Analysis mbH - Key offerings
Exhibit 59: Fassisi, Society for Veterinary Diagnostics and Environmental Analysis mbH - Key customers
Exhibit 60: Heska Corp. - Vendor overview
Exhibit 61: Heska Corp. - Business segments
Exhibit 62: Heska Corp. - Organizational developments
Exhibit 63: Heska Corp. - Geographic focus
Exhibit 64: Heska Corp. - Segment focus
Exhibit 65: Heska Corp. - Key offerings
Exhibit 66: Heska Corp. - Key customers
Exhibit 67: IDEXX Laboratories Inc. - Vendor overview
Exhibit 68: IDEXX Laboratories Inc. - Business segments
Exhibit 69: IDEXX Laboratories Inc. - Organizational developments
Exhibit 70: IDEXX Laboratories Inc. - Geographic focus
Exhibit 71: IDEXX Laboratories Inc. - Segment focus
Exhibit 72: IDEXX Laboratories Inc. - Key offerings
Exhibit 73: IDEXX Laboratories Inc. - Key customers
Exhibit 74: MEGACOR Diagnostik GmbH - Vendor overview
Exhibit 75: MEGACOR Diagnostik GmbH - Product segments
Exhibit 76: MEGACOR Diagnostik GmbH - Organizational developments
Exhibit 77: MEGACOR Diagnostik GmbH - Key offerings
Exhibit 78: MEGACOR Diagnostik GmbH - Key customers
Exhibit 79: SWISSAVANS AG - Vendor overview
Exhibit 80: SWISSAVANS AG - Product segments
Exhibit 81: SWISSAVANS AG - Key offerings
Exhibit 82: SWISSAVANS AG - Key customers
Exhibit 83: Virbac SA - Vendor overview
Exhibit 84: Virbac SA - Business segments
Exhibit 85: Virbac SA - Organizational developments
Exhibit 86: Virbac SA - Geographic focus
Exhibit 87: Virbac SA - Segment focus
Exhibit 88: Virbac SA - Key offerings
Exhibit 89: Virbac SA - Key customers
Exhibit 90: Woodley Equipment Co. Ltd. - Vendor overview
Exhibit 91: Woodley Equipment Co. Ltd. - Product segments
Exhibit 92: Woodley Equipment Co. Ltd. - Key offerings
Exhibit 93: Woodley Equipment Co. Ltd. - Key customers
Exhibit 94: Zoetis Inc. - Vendor overview
Exhibit 95: Zoetis Inc. - Product segments
Exhibit 96: Zoetis Inc. - Organizational developments
Exhibit 97: Zoetis Inc. - Geographic focus
Exhibit 98: Zoetis Inc. - Segment focus
Exhibit 99: Zoetis Inc. - Key offerings
Exhibit 100: Zoetis Inc. - Key customers
Exhibit 101: Validation techniques employed for market sizing
Exhibit 102: Definition of market positioning of vendors
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • BioNote Inc.
  • Biopanda Reagents Ltd.
  • Fassisi
  • Heska Corp.
  • IDEXX Laboratories Inc.
  • MEGACOR Diagnostik GmbH
The following companies as the key players in the global veterinary rapid tests market: BioNote Inc., Biopanda Reagents Ltd., Fassisi, Society for Veterinary Diagnostics and Environmental Analysis mbH, Heska Corp., IDEXX Laboratories Inc., MEGACOR Diagnostik GmbH, SWISSAVANS AG, Virbac SA, Woodley Equipment Co. Ltd., and Zoetis Inc.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the growing adoption of companion animals.”

According to the report, one of the major drivers for this market is the increasing prevalence of zoonotic diseases.

Further, the report states that one of the major factors hindering the growth of this market is the presence of substitutes.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • BioNote Inc.
  • Biopanda Reagents Ltd.
  • Fassisi
  • Society for Veterinary Diagnostics Environmental Analysis mbH
  • Heska Corp.
  • IDEXX Laboratories Inc.
  • MEGACOR Diagnostik GmbH
  • SWISSAVANS AG
  • Virbac SA
  • Woodley Equipment Co. Ltd.
  • Zoetis Inc.
Note: Product cover images may vary from those shown