Veterinary Diagnostics Market Size Worth $16.9 Billion By 2030
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...