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Global Veterinary Molecular Diagnostics Market (2022-2027) by Product, Technology, Animal Type, Disease Indication, End-user, and Geography, with Competitive Analysis, Impact of COVID-19, and Ansoff Analysis

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    Report

  • 192 Pages
  • July 2022
  • Region: Global
  • Infogence Global Research
  • ID: 5650861

Rising instances of zoonotic and foodborne diseases are creating need for Veterinary Molecular Diagnostics

The Global Veterinary Molecular Diagnostics Market is estimated to be worth USD 567.32 million in 2022, and is expected to reach USD 800.54 million by 2027, growing at a CAGR of 7.13%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals. As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentation

The Global Veterinary Molecular Diagnostics Market is segmented based on Product, Technology, Animal Type, Disease Indication, End-user, and Geography.
  • By Product, the market is classified into Instruments & Software, Kits & Reagent, and Services.
  • By Technology, the market is classified into Automated, and Conventional.
  • By Animal Type, the market is classified into Companion Animal, and Livestock Animal.
  • By Disease Indication, the market is classified into Diarrhea Pathogens Detection, Respiratory Pathogens Detection, and Vector Borne Diseases.
  • By End-user, the market is classified into Veterinary Hospitals, Clinical laboratories, and Research Institutes.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Abaxis, Agfa-Gevaert, Animage, AT Veterinary Systems, CAREVET, Core Imaging, Heska, IDEXX Laboratories, INDICAL BIOSCIENCE, etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

The Competitive Quadrant

The report includes the Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

  • The report presents a detailed Ansoff matrix analysis for the Global Veterinary Molecular Diagnostics Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
  • The Global Veterinary Molecular Diagnostics Market is analyzed using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
  • Based on the SWOT analysis conducted on the industry and industry players, suitable strategies have been devised for market growth.

Why Buy This Report?

  • The report offers a comprehensive evaluation of the Global Veterinary Molecular Diagnostics Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel within the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of COVID-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario within the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules & regulations imposed on this sector across various geographies.
  • The report also contains competitive analysis using 'Positioning Quadrants'; a proprietary competitive positioning tool.

Report Highlights

  • A complete analysis of the market, including the parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Veterinary Molecular Diagnostics Market

What is the estimated value of the Global Veterinary Molecular Diagnostics Market?

The Global Veterinary Molecular Diagnostics Market was estimated to be valued at $567.32 Million in 2022.

What is the growth rate of the Global Veterinary Molecular Diagnostics Market?

The growth rate of the Global Veterinary Molecular Diagnostics Market is 7.1%, with an estimated value of $800.54 Million by 2027.

What is the forecasted size of the Global Veterinary Molecular Diagnostics Market?

The Global Veterinary Molecular Diagnostics Market is estimated to be worth $800.54 Million by 2027.

Who are the key companies in the Global Veterinary Molecular Diagnostics Market?

Key companies in the Global Veterinary Molecular Diagnostics Market include Abaxis, Agfa, Gevaert, Animage, AT Veterinary Systems, CAREVET, Core Imaging, Heska, IDEXX Laboratories and INDICAL BIOSCIENCE.

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders

2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Proprietary Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study

3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook

4 Market Dynamics
4.1 Drivers
4.1.1 Rising Cases of Animal Zoonotic Diseases
4.1.2 Growing Number of Veterinary Diagnostic Centres
4.1.3 Rising Demand for Pet Insurance and Growing Importance of Animal Health
4.2 Restraints
4.2.1 High Pet Care Costs and Expensive Instruments and Procedures
4.3 Opportunities
4.3.1 Higher spending by Developing Countries on Animal Healthcare
4.3.2 Growing Adoption of Advanced Diagnostic Techniques
4.4 Challenges
4.4.1 Lack of Skilled Professionals in Veterinary Field

5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis

6 Global Veterinary Molecular Diagnostics Market, by Product
6.1 Introduction
6.2 Instruments & Software
6.3 Kits & Reagent
6.4 Services

7 Global Veterinary Molecular Diagnostics Market, by Technology
7.1 Introduction
7.2 DNA Sequencing
7.3 Microarrays
7.4 Polymerase Chain Reaction

8 Global Veterinary Molecular Diagnostics Market, by Animal Type
8.1 Introduction
8.2 Companion Animal
8.3 Livestock Animal

9 Global Veterinary Molecular Diagnostics Market, by Disease Indication
9.1 Introduction
9.2 Diarrhea Pathogens Detection
9.3 Respiratory Pathogens Detection
9.4 Vector Borne Diseases

10 Global Veterinary Molecular Diagnostics Market, by End User
10.1 Introduction
10.2 Veterinary Hospitals
10.3 Clinical laboratories
10.4 Research Institutes11 Americas' Veterinary Molecular Diagnostics Market
11.1 Introduction
11.2 Argentina
11.3 Brazil
11.4 Canada
11.5 Chile
11.6 Colombia
11.7 Mexico
11.8 Peru
11.9 United States
11.10 Rest of Americas

12 Europe's Veterinary Molecular Diagnostics Market
12.1 Introduction
12.2 Austria
12.3 Belgium
12.4 Denmark
12.5 Finland
12.6 France
12.7 Germany
12.8 Italy
12.9 Netherlands
12.10 Norway
12.11 Poland
12.12 Russia
12.13 Spain
12.14 Sweden
12.15 Switzerland
12.16 United Kingdom
12.17 Rest of Europe

13 Middle East and Africa's Veterinary Molecular Diagnostics Market
13.1 Introduction
13.2 Egypt
13.3 Israel
13.4 Qatar
13.5 Saudi Arabia
13.6 South Africa
13.7 United Arab Emirates
13.8 Rest of MEA

14 APAC's Veterinary Molecular Diagnostics Market
14.1 Introduction
14.2 Australia
14.3 Bangladesh
14.4 China
14.5 India
14.6 Indonesia
14.7 Japan
14.8 Malaysia
14.9 Philippines
14.10 Singapore
14.11 South Korea
14.12 Sri Lanka
14.13 Thailand
14.14 Taiwan
14.15 Rest of Asia-Pacific

15 Competitive Landscape
15.1 Competitive Quadrant
15.2 Market Share Analysis
15.3 Strategic Initiatives
15.3.1 M&A and Investments
15.3.2 Partnerships and Collaborations
15.3.3 Product Developments and Improvements

16 Company Profiles
16.1 Abaxis
16.2 Agfa-Gevaert
16.3 Animage
16.4 AT Veterinary Systems
16.5 CAREVET
16.6 Core Imaging
16.7 Heska
16.8 IDEXX Laboratories
16.9 INDICAL BIOSCIENCE
16.10 Ingenetix
16.11 NeoGenomics Laboratories
16.12 Novacyt Group
16.13 Qiagen
16.14 Quality Vet Lab
16.15 Randox Laboratories
16.16 Thermo Fisher Scientific
16.17 Veterinary Laboratory - HealthGene
16.18 Veterinary Molecular Diagnostics
16.19 Virbac
16.20 Zoetis

17 Appendix
17.1 Questionnaire

Companies Mentioned

  • Abaxis
  • Agfa-Gevaert
  • Animage
  • AT Veterinary Systems
  • CAREVET
  • Core Imaging
  • Heska
  • IDEXX Laboratories
  • INDICAL BIOSCIENCE
  • Ingenetix
  • NeoGenomics Laboratories
  • Novacyt Group
  • Qiagen
  • Quality Vet Lab
  • Randox Laboratories
  • Thermo Fisher Scientific
  • Veterinary Laboratory - HealthGene
  • Veterinary Molecular Diagnostics
  • Virbac
  • Zoetis