Latest Market Research Reports

Veterinary Diagnostics Industry Overview The global veterinary diagnostics market size was estimated at USD 9.29 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 10.02s% from 2024 to 2030. Some of the key factors driving the market growth include increased expenditure on animal health, rising incidence of diseases in animals, advancements in diagnostics, and increasing medicalization rate. In November 2023, IDEXX announced the launch of- SNAP Leish 4Dx Test in Europe and Asia for screening vector-borne diseases, such as canine leishmaniosis. This expanded the company’s portfolio. Continuous advancements in veterinary diagnostic technologies, including molecular diagnostics, imaging modalities, and PoC testing, have significantly expanded the capabilities of diagnosing diseases in animals. Gather more insights about the market drivers, restrains and growth of the   Veterinary Diagnostics Market These innovations not only enhance the accuracy and spe...

Veterinary Diagnostics Industry Overview The global veterinary diagnostics market size was valued at USD 6.63 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 11.2% from 2022 to 2030.  The growth in this market is attributed to factors, such as increased expenditure on animal health, rising incidence of zoonotic diseases & number of veterinary practitioners, technological advancement in point of care diagnostics, and increasing disposable income levels in developing regions. The growing incidence of infectious animal ailments is further poised to augment the demand for veterinary diagnostics. Moreover, advancements in diagnostics together with the growing acceptance of innovative techniques in most of the laboratories are driving the market growth. Gather more insights about the market drivers, restrains and growth of the Global Veterinary Diagnostics Market For instance, in August 2021, FORCE Technology established a new subsidiary called...