Veterinary infectious disease diagnostics refer to diagnostic services used for the identification of infectious diseases in animals, encompassing infectious diseases and factors impacting the health of livestock, domestic animals, and wildlife. These diagnostics have become essential for ensuring the overall well-being of animals by diagnosing infections in various animal types.
The primary types of veterinary infectious disease diagnostics include viral infections, bacterial infections, parasitic infections, and other infections. Bacterial infections can be transmitted from dogs to humans through dog bites, while other infections caused by protozoa typically have a fecal-oral transmission route. Different animals, such as companion animals and food-producing animals, are covered by these diagnostics, utilizing various technologies like immunodiagnostics, molecular diagnostics, and other diagnostic methods. These diagnostic services are utilized across different settings, including reference laboratories, veterinary hospitals and clinics, point of care facilities, research institutes and universities, and other end-user environments.
The veterinary infectious disease diagnostics market research report is one of a series of new reports that provides veterinary infectious disease diagnostics market statistics, including veterinary infectious disease diagnostics industry global market size, regional shares, competitors with a veterinary infectious disease diagnostics market share, detailed veterinary infectious disease diagnostics market segments, market trends and opportunities, and any further data you may need to thrive in the veterinary infectious disease diagnostics industry. This veterinary infectious disease diagnostics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The veterinary infectious disease diagnostics market size has grown strongly in recent years. It will grow from $1.77 billion in 2023 to $1.95 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The expansion observed in the historical period can be attributed to several factors, including the increasing trend of pet ownership, rising awareness of the importance of animal health, and supportive government initiatives.
The veterinary infectious disease diagnostics market size is expected to see strong growth in the next few years. It will grow to $2.82 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%. The anticipated growth in the forecast period can be attributed to several factors, including the emergence of new diseases, increased research and development efforts, the globalization of veterinary practices, and the growing population of livestock. Key trends expected in the forecast period encompass technological innovations in veterinary infectious disease diagnostics, the rapid adoption of point-of-care testing, the integration of molecular diagnostics, digitalization in veterinary healthcare, the expansion of product portfolios by industry players, collaborations and partnerships within the veterinary diagnostic sector, and the development of customized diagnostics tailored for different animal species.
The veterinary infectious disease diagnostics market is anticipated to witness growth due to the increasing incidence of transboundary and zoonotic diseases such as rabies. Zoonotic diseases involve the spontaneous transmission of infections between humans and vertebrate animals, and veterinary infectious disease diagnostics play a crucial role in detecting diseases like rabies in pets and animals, preventing fatalities. In 2021, the World Health Organization reported rabies cases in over 150 nations and territories, with dogs being the primary source of human rabies deaths. The rising incidence of transboundary and zoonotic diseases, particularly rabies, is a key factor driving the growth of the veterinary infectious disease diagnostics market.
The veterinary infectious disease diagnostics market is also expected to benefit from the increasing trend of pet adoption. As more individuals welcome pets into their families, there is a heightened awareness and concern for their health, leading to a growing demand for animal treatments and diagnostics. Pet owners are increasingly willing to invest in medical care, routine check-ups, and preventive measures. According to Chewy Inc., around 977,202 pets were adopted in the US in 2021, marking the highest adoption rate in the past six years. Hence, the rising rate of pet adoption is a significant driver for the veterinary infectious disease diagnostics market.
Technological advancements have emerged as a prominent trend in the veterinary infectious disease diagnostics market, with major companies introducing innovative technologies to maintain their market positions. For example, Merck Animal Health launched SenseHub Feedlot, a technology-enabled solution based on electronic ear tag technology. This system swiftly detects illness, provides reliable disease diagnoses, and allows for early intervention to manage pain in cattle more effectively than traditional methods.
Major companies operating in the veterinary infectious disease diagnostics market are also intensifying their focus on developing and introducing drugs for multiple diseases. One such example is the drug Increxxa, approved for treating livestock respiratory disease. Elanco Animal Health Incorporated introduced Increxxa, featuring tulathromycin as the key ingredient, delivered via injection to swiftly target and act on lung infections in livestock. Tulathromycin helps mitigate the negative effects of bovine respiratory disease in animals. This strategic focus on drug development is aimed at gaining a competitive edge in the veterinary infectious disease diagnostics market.
In September 2022, Zoetis Inc., a prominent animal health company, acquired NewMetrica for an undisclosed amount. This acquisition enhances Zoetis's portfolio in pain management for animal diseases, strengthens quality-of-life assessment capabilities, and extends the reach of their animal diagnostic products to Europe. NewMetrica, a UK-based company, specializes in developing instruments and devices for pain management in animals.
Major companies operating in the in the veterinary infectious disease diagnostics market report are Zoetis Inc., IDEXX Laboratories Inc., Thermo Fisher Scientific Inc., QIAGEN N. V., IDvet, NEOGEN Corporation, INDICAL BIOSCIENCE GmbH, Randox Laboratories Ltd, Creative Diagnostics, Heska Corporation, Chembio Diagnostics Inc., URIT Medical Electronic Co. Ltd., NTBIO Diagnostics Inc., Bio-X Diagnostics, Agrolabo Spa, Virbac, Covetrus Inc., Biomerieux S. A., Bio-Rad Laboratories Inc., Eurofins Scientific SE, Fujifilm Wako Pure Chemical Corporation, GenScript Biotech Corporation, Merck KGaA, MP Biomedicals LLC, Quidel Corporation, Roche Diagnostics Corporation, Siemens Healthineers AG, Sysmex Corporation, VCA Inc., Vetoquinol SA
North America was the largest region in the veterinary disease diagnostics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the veterinary infectious disease diagnostics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the veterinary infectious disease diagnostics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The veterinary infectious disease diagnostics market includes revenues earned by entities by identifying and determining whether an animal has any viral, bacterial, parasitic, or other types of illnesses. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The primary types of veterinary infectious disease diagnostics include viral infections, bacterial infections, parasitic infections, and other infections. Bacterial infections can be transmitted from dogs to humans through dog bites, while other infections caused by protozoa typically have a fecal-oral transmission route. Different animals, such as companion animals and food-producing animals, are covered by these diagnostics, utilizing various technologies like immunodiagnostics, molecular diagnostics, and other diagnostic methods. These diagnostic services are utilized across different settings, including reference laboratories, veterinary hospitals and clinics, point of care facilities, research institutes and universities, and other end-user environments.
The veterinary infectious disease diagnostics market research report is one of a series of new reports that provides veterinary infectious disease diagnostics market statistics, including veterinary infectious disease diagnostics industry global market size, regional shares, competitors with a veterinary infectious disease diagnostics market share, detailed veterinary infectious disease diagnostics market segments, market trends and opportunities, and any further data you may need to thrive in the veterinary infectious disease diagnostics industry. This veterinary infectious disease diagnostics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The veterinary infectious disease diagnostics market size has grown strongly in recent years. It will grow from $1.77 billion in 2023 to $1.95 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The expansion observed in the historical period can be attributed to several factors, including the increasing trend of pet ownership, rising awareness of the importance of animal health, and supportive government initiatives.
The veterinary infectious disease diagnostics market size is expected to see strong growth in the next few years. It will grow to $2.82 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%. The anticipated growth in the forecast period can be attributed to several factors, including the emergence of new diseases, increased research and development efforts, the globalization of veterinary practices, and the growing population of livestock. Key trends expected in the forecast period encompass technological innovations in veterinary infectious disease diagnostics, the rapid adoption of point-of-care testing, the integration of molecular diagnostics, digitalization in veterinary healthcare, the expansion of product portfolios by industry players, collaborations and partnerships within the veterinary diagnostic sector, and the development of customized diagnostics tailored for different animal species.
The veterinary infectious disease diagnostics market is anticipated to witness growth due to the increasing incidence of transboundary and zoonotic diseases such as rabies. Zoonotic diseases involve the spontaneous transmission of infections between humans and vertebrate animals, and veterinary infectious disease diagnostics play a crucial role in detecting diseases like rabies in pets and animals, preventing fatalities. In 2021, the World Health Organization reported rabies cases in over 150 nations and territories, with dogs being the primary source of human rabies deaths. The rising incidence of transboundary and zoonotic diseases, particularly rabies, is a key factor driving the growth of the veterinary infectious disease diagnostics market.
The veterinary infectious disease diagnostics market is also expected to benefit from the increasing trend of pet adoption. As more individuals welcome pets into their families, there is a heightened awareness and concern for their health, leading to a growing demand for animal treatments and diagnostics. Pet owners are increasingly willing to invest in medical care, routine check-ups, and preventive measures. According to Chewy Inc., around 977,202 pets were adopted in the US in 2021, marking the highest adoption rate in the past six years. Hence, the rising rate of pet adoption is a significant driver for the veterinary infectious disease diagnostics market.
Technological advancements have emerged as a prominent trend in the veterinary infectious disease diagnostics market, with major companies introducing innovative technologies to maintain their market positions. For example, Merck Animal Health launched SenseHub Feedlot, a technology-enabled solution based on electronic ear tag technology. This system swiftly detects illness, provides reliable disease diagnoses, and allows for early intervention to manage pain in cattle more effectively than traditional methods.
Major companies operating in the veterinary infectious disease diagnostics market are also intensifying their focus on developing and introducing drugs for multiple diseases. One such example is the drug Increxxa, approved for treating livestock respiratory disease. Elanco Animal Health Incorporated introduced Increxxa, featuring tulathromycin as the key ingredient, delivered via injection to swiftly target and act on lung infections in livestock. Tulathromycin helps mitigate the negative effects of bovine respiratory disease in animals. This strategic focus on drug development is aimed at gaining a competitive edge in the veterinary infectious disease diagnostics market.
In September 2022, Zoetis Inc., a prominent animal health company, acquired NewMetrica for an undisclosed amount. This acquisition enhances Zoetis's portfolio in pain management for animal diseases, strengthens quality-of-life assessment capabilities, and extends the reach of their animal diagnostic products to Europe. NewMetrica, a UK-based company, specializes in developing instruments and devices for pain management in animals.
Major companies operating in the in the veterinary infectious disease diagnostics market report are Zoetis Inc., IDEXX Laboratories Inc., Thermo Fisher Scientific Inc., QIAGEN N. V., IDvet, NEOGEN Corporation, INDICAL BIOSCIENCE GmbH, Randox Laboratories Ltd, Creative Diagnostics, Heska Corporation, Chembio Diagnostics Inc., URIT Medical Electronic Co. Ltd., NTBIO Diagnostics Inc., Bio-X Diagnostics, Agrolabo Spa, Virbac, Covetrus Inc., Biomerieux S. A., Bio-Rad Laboratories Inc., Eurofins Scientific SE, Fujifilm Wako Pure Chemical Corporation, GenScript Biotech Corporation, Merck KGaA, MP Biomedicals LLC, Quidel Corporation, Roche Diagnostics Corporation, Siemens Healthineers AG, Sysmex Corporation, VCA Inc., Vetoquinol SA
North America was the largest region in the veterinary disease diagnostics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the veterinary infectious disease diagnostics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the veterinary infectious disease diagnostics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The veterinary infectious disease diagnostics market includes revenues earned by entities by identifying and determining whether an animal has any viral, bacterial, parasitic, or other types of illnesses. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Veterinary Infectious Disease Diagnostics Market Characteristics3. Veterinary Infectious Disease Diagnostics Market Trends And Strategies31. Global Veterinary Infectious Disease Diagnostics Market Competitive Benchmarking32. Global Veterinary Infectious Disease Diagnostics Market Competitive Dashboard33. Key Mergers And Acquisitions In The Veterinary Infectious Disease Diagnostics Market
4. Veterinary Infectious Disease Diagnostics Market - Macro Economic Scenario
5. Global Veterinary Infectious Disease Diagnostics Market Size and Growth
6. Veterinary Infectious Disease Diagnostics Market Segmentation
7. Veterinary Infectious Disease Diagnostics Market Regional And Country Analysis
8. Asia-Pacific Veterinary Infectious Disease Diagnostics Market
9. China Veterinary Infectious Disease Diagnostics Market
10. India Veterinary Infectious Disease Diagnostics Market
11. Japan Veterinary Infectious Disease Diagnostics Market
12. Australia Veterinary Infectious Disease Diagnostics Market
13. Indonesia Veterinary Infectious Disease Diagnostics Market
14. South Korea Veterinary Infectious Disease Diagnostics Market
15. Western Europe Veterinary Infectious Disease Diagnostics Market
16. UK Veterinary Infectious Disease Diagnostics Market
17. Germany Veterinary Infectious Disease Diagnostics Market
18. France Veterinary Infectious Disease Diagnostics Market
19. Italy Veterinary Infectious Disease Diagnostics Market
20. Spain Veterinary Infectious Disease Diagnostics Market
21. Eastern Europe Veterinary Infectious Disease Diagnostics Market
22. Russia Veterinary Infectious Disease Diagnostics Market
23. North America Veterinary Infectious Disease Diagnostics Market
24. USA Veterinary Infectious Disease Diagnostics Market
25. Canada Veterinary Infectious Disease Diagnostics Market
26. South America Veterinary Infectious Disease Diagnostics Market
27. Brazil Veterinary Infectious Disease Diagnostics Market
28. Middle East Veterinary Infectious Disease Diagnostics Market
29. Africa Veterinary Infectious Disease Diagnostics Market
30. Veterinary Infectious Disease Diagnostics Market Competitive Landscape And Company Profiles
34. Veterinary Infectious Disease Diagnostics Market Future Outlook and Potential Analysis
35. Appendix
Executive Summary
Veterinary Infectious Disease Diagnostics Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on veterinary infectious disease diagnostics market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- All data from the report will also be delivered in an excel dashboard format.
Description:
Where is the largest and fastest growing market for veterinary infectious disease diagnostics? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Scope
- Markets Covered: 1) By Infection Type: Viral Infections; Bacterial Infections; Parasitic Infections; Other Infections 2) By Animal Type: Companion Animal; Food-Producing animals 3) By Technology: Immunodiagnostics; Molecular Diagnostic; Other Technologies 4) By End User: Reference Laboratories; Veterinary Hospitals and Clinics; Point of Care; Research Institutes and Universities; Other End Users
- Companies Mentioned: Zoetis Inc.; IDEXX Laboratories Inc.; Thermo Fisher Scientific Inc.; QIAGEN N. V.; IDvet
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Zoetis Inc.
- IDEXX Laboratories Inc.
- Thermo Fisher Scientific Inc.
- QIAGEN N. V.
- IDvet
- NEOGEN Corporation
- INDICAL BIOSCIENCE GmbH
- Randox Laboratories Ltd
- Creative Diagnostics
- Heska Corporation
- Chembio Diagnostics Inc.
- URIT Medical Electronic Co. Ltd.
- NTBIO Diagnostics Inc.
- Bio-X Diagnostics
- Agrolabo Spa
- Virbac
- Covetrus Inc.
- Biomerieux S. A.
- Bio-Rad Laboratories Inc.
- Eurofins Scientific SE
- Fujifilm Wako Pure Chemical Corporation
- GenScript Biotech Corporation
- Merck KGaA
- MP Biomedicals LLC
- Quidel Corporation
- Roche Diagnostics Corporation
- Siemens Healthineers AG
- Sysmex Corporation
- VCA Inc.
- Vetoquinol SA
Methodology
LOADING...