Press Resease

Companion Animal Diagnostic Market by Companion Animal (Dogs, Cats, Equine, and Others) and by Technology (Immunodiagnostics [ELISA, Lateral Flow Assays, Immunoassay Analyzers, and Others], Clinical Biochemistry, Hematology, Molecular Diagnostics [PCR, Microarrays and Others], Urinalysis, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018—2024

Published Date: 26-Dec-2018 Category: Healthcare Report Format : PDF Pages: 110 Report Code: ZMR-3673 Status : Published

Global companion animal diagnostic market expected to generate revenue of around USD 2,833 million by 2024, growing at a CAGR of around 7.45% between 2018 and 2024. The reputable animal healthcare companies are taking efforts in developing veterinary diagnostic and imaging systems that are cost-effective and efficient.

Description

The report covers a forecast and an analysis of the companion animal diagnostic market on a global and regional level. The study provides historical data for 2015, 2016, and 2017 along with a forecast from 2018 to 2024 based on revenue (USD Million). The study includes drivers and restraints for the companion animal diagnostic market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the companion animal diagnostic market on a global level.

In order to give the users of this report a comprehensive view of the companion animal diagnostic market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Companion Animal Diagnostic Market

The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.

The study provides a decisive view of the companion animal diagnostic market by segmenting the market based on companion animal, technology, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa with its further division into major countries.

Some of the leading players in the companion animal diagnostic market are Thermo Fisher Scientific, Heska Corporation, QIAGEN, Randox Laboratories, Abaxis, Inc., IDEXX Laboratories, Inc., Neogen Corp., Virbac, and Zoetis Inc., among others.

This report segments the global companion animal diagnostic market into:

Global Companion Animal Diagnostic Market: Companion Animal Analysis

  • Dogs
  • Cats
  • Equine
  • Others

Global Companion Animal Diagnostic Market: Technology Analysis

  • Immunodiagnostics
    • ELISA
    • Lateral Flow Assays
    • Immunoassay Analyzers
    • Others
  • Clinical Biochemistry
  • Hematology
  • Molecular Diagnostics
    • PCR
    • Microarrays
    • Others
  • Urinalysis
  • Others

Global Companion Animal Diagnostic Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global companion animal diagnostic market,2017 - 2024(USD Million)
    • 2.2. Global companion animal diagnostic market: snapshot
  •  
  • Chapter 3. Companion Animal Diagnostic Market- Industry Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. Global companion animal diagnostic market drivers: impact analysis
      • 3.2.2. Rising prevalence of foodborne and zoonotic diseases
      • 3.2.3. Rapidly increasing demand for companion animal products in Asian countries
      • 3.2.4. Favorable government initiatives
      • 3.2.5. Growing trend of adopting pet animals
    • 3.3. Market Restraints
      • 3.3.1. Global companion animal diagnostic market restraints: impact analysis
      • 3.3.2. Low out of pocket expenditure on pet healthcare
    • 3.4. Opportunities
      • 3.4.1. Growing trend of adopting pet animals in Asian countries
    • 3.5. Porter's Five Forces analysis
      • 3.5.1. Bargaining power of suppliers
      • 3.5.2. Bargaining power of buyers
      • 3.5.3. Threat from new entrants
      • 3.5.4. Threat from new substitutes
      • 3.5.5. Degree of competition
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis, by companion animal segment
      • 3.6.2. Market attractiveness analysis, by technology segment
      • 3.6.3. Market attractiveness analysis, by regional segment
  •  
  • Chapter 4. Global Companion Animal Diagnostic Market - Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global companion animal diagnostic market: company market share, 2017
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New therapy launch
      • 4.2.3. Agreements, partnerships, collaborations, and joint ventures
      • 4.2.4. Research and development and regional expansion
    • 4.3. Price trend analysis
  •  
  • Chapter 5. Global Companion Animal Diagnostic Market - Companion Animal Segment Analysis
    • 5.1. Global companion animal diagnostic market: companion animal overview
      • 5.1.1. Global companion animal diagnostic market revenue share, by companion animal, 2017 and 2024
    • 5.2. Dogs
      • 5.2.1. Global companion animal diagnostic market for dogs, 2017 - 2024(USD Million)
    • 5.3. Cats
      • 5.3.1. Global companion animal diagnostic market for cats, 2017 - 2024 (USD Million)
    • 5.4. Equine
      • 5.4.1. Global companion animal diagnostic market for equine, 2017 - 2024 (USD Million)
    • 5.5. Others
      • 5.5.1. Global companion animal diagnostic market for others, 2017 - 2024 (USD Million)
  •  
  • Chapter 6. Global Companion Animal Diagnostic Market- Technology Segment Analysis
    • 6.1. Global companion animal diagnostic market: technology overview
      • 6.1.1. Global companion animal diagnostic market revenue share, by technology, 2017 and 2024
    • 6.2. Immunodiagnostics
      • 6.2.1. Global companion animal diagnostic market for Immunodiagnostics, 2017 - 2024 (USD Million)
        • 6.2.1.1. ELISA
          • 6.2.1.1.1. Global immunodiagnostics market for ELISA, 2017 - 2024 (USD Million)
        • 6.2.1.2. Lateral Flow Assays
          • 6.2.1.2.1. Global immunodiagnostics market for lateral flow assays, 2017 - 2024 (USD Million)
        • 6.2.1.3. Immunoassay Analyzers
          • 6.2.1.3.1. Global immunodiagnostics market for immunoassay analyzers, 2017 - 2024 (USD Million)
        • 6.2.1.4. Others
          • 6.2.1.4.1. Global immunodiagnostics market for others, 2017 - 2024 (USD Million)
    • 6.3. Clinical Biochemistry
      • 6.3.1. Global companion animal diagnostic market for clinical biochemistry, 2017 - 2024 (USD Million)
    • 6.4. Hematology
      • 6.4.1. Global companion animal diagnostic market for hematology, 2017 - 2024 (USD Million)
    • 6.5. Molecular Diagnostics
      • 6.5.1. Global companion animal diagnostic market for molecular diagnostics,2017 - 2024(USD Million)
        • 6.5.1.1. PCR
          • 6.5.1.1.1. Global molecular diagnostics market for PCR, 2017 - 2024 (USD Million)
        • 6.5.1.2. Microarrays
          • 6.5.1.2.1. Global molecular diagnostics market for microarrays, 2017 - 2024 (USD Million)
        • 6.5.1.3. Others
          • 6.5.1.3.1. Global molecular diagnostics market for others, 2017 - 2024 (USD Million)
    • 6.6. Urinalysis
      • 6.6.1. Global companion animal diagnostic market for urinalysis, 2017 - 2024 (USD Million)
    • 6.7. Others
      • 6.7.1. Global companion animal diagnostic market for others, 2017 - 2024 (USD Million)
  •  
  • Chapter 7. Global Companion Animal Diagnostic Market - Regional Segment Analysis
    • 7.1. Global companion animal diagnostic market: regional overview
      • 7.1.1. Global companion animal diagnostic market revenue share, by region, 2017 and 2024
    • 7.2. North America
      • 7.2.1. North America companion animal diagnostic market revenue, by companion animal, 2017 - 2024(USD Million)
      • 7.2.2. North America companion animal diagnostic market revenue, by technology, 2017 - 2024 (USD Million)
      • 7.2.3. The U.S.
        • 7.2.3.1. The U.S. companion animal diagnostic market revenue, by companion animal, 2017 - 2024(USD Million)
        • 7.2.3.2. The U.S. companion animal diagnostic market revenue, by technology, 2017 - 2024 (USD Million)
      • 7.2.4. Canada
        • 7.2.4.1. Canada companion animal diagnostic market revenue, by companion animal, 2017 - 2024(USD Million)
        • 7.2.4.2. Canada companion animal diagnostic market revenue, by technology, 2017 - 2024 (USD Million)
    • 7.3. Europe
      • 7.3.1. Europe companion animal diagnostic market revenue, by companion animal, 2017 - 2024(USD Million)
      • 7.3.2. Europe companion animal diagnostic market revenue, by technology, 2017 - 2024 (USD Million)
      • 7.3.3. UK
        • 7.3.3.1. UK companion animal diagnostic market revenue, by companion animal, 2017 - 2024(USD Million)
        • 7.3.3.2. UK companion animal diagnostic market revenue, by technology, 2017 - 2024 (USD Million)
      • 7.3.4. Germany
        • 7.3.4.1. Germany companion animal diagnostic market revenue, by companion animal, 2017 - 2024(USD Million)
        • 7.3.4.2. Germany companion animal diagnostic market revenue, by technology, 2017 - 2024 (USD Million)
      • 7.3.5. France
        • 7.3.5.1. France companion animal diagnostic market revenue, by companion animal, 2017 - 2024(USD Million)
        • 7.3.5.2. France companion animal diagnostic market revenue, by technology, 2017 - 2024 (USD Million)
      • 7.3.6. Rest of Europe
        • 7.3.6.1. Rest of Europe companion animal diagnostic market revenue, by companion animal, 2017 - 2024(USD Million)
        • 7.3.6.2. Rest of Europe companion animal diagnostic market revenue, by technology, 2017 - 2024 (USD Million)
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific companion animal diagnostic market revenue, by companion animal, 2017 - 2024(USD Million)
      • 7.4.2. Asia Pacific companion animal diagnostic market revenue, by technology, 2017 - 2024 (USD Million)
      • 7.4.3. China
        • 7.4.3.1. China companion animal diagnostic market revenue, by companion animal, 2017 - 2024(USD Million)
        • 7.4.3.2. China companion animal diagnostic market revenue, by technology, 2017 - 2024 (USD Million)
      • 7.4.4. Japan
        • 7.4.4.1. Japan companion animal diagnostic market revenue, by companion animal, 2017 - 2024(USD Million)
        • 7.4.4.2. Japan companion animal diagnostic market revenue, by technology, 2017 - 2024 (USD Million)
      • 7.4.5. India
        • 7.4.5.1. India companion animal diagnostic market revenue, by companion animal, 2017 - 2024(USD Million)
        • 7.4.5.2. India companion animal diagnostic market revenue, by technology, 2017 - 2024 (USD Million)
      • 7.4.6. Rest of Asia Pacific
        • 7.4.6.1. Rest of Asia Pacific companion animal diagnostic market revenue, by companion animal, 2017 - 2024(USD Million)
        • 7.4.6.2. Rest of Asia Pacific companion animal diagnostic market revenue, by technology, 2017 - 2024 (USD Million)
    • 7.5. Latin America
      • 7.5.1. Latin America companion animal diagnostic market revenue, by companion animal, 2017 - 2024(USD Million)
      • 7.5.2. Latin America companion animal diagnostic market revenue, by technology, 2017 - 2024 (USD Million)
      • 7.5.3. Brazil
        • 7.5.3.1. Brazil companion animal diagnostic market revenue, by companion animal, 2017 - 2024(USD Million)
        • 7.5.3.2. Brazil companion animal diagnostic market revenue, by technology, 2017 - 2024 (USD Million)
      • 7.5.4. Rest of Latin America
        • 7.5.4.1. Rest of Latin America companion animal diagnostic market revenue, by companion animal, 2017 - 2024(USD Million)
        • 7.5.4.2. Rest of Latin America companion animal diagnostic market revenue, by technology, 2017 - 2024 (USD Million)
    • 7.6. The Middle East and Africa
      • 7.6.1. The Middle East and Africa companion animal diagnostic market revenue, by companion animal, 2017 - 2024(USD Million)
      • 7.6.2. The Middle East and Africa companion animal diagnostic market revenue, by technology, 2017 - 2024 (USD Million)
  •  
  • Chapter 8. Company Profile
    • 8.1. Thermo Fisher Scientific
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product portfolio
      • 8.1.4. Business strategy
      • 8.1.5. Recent developments
    • 8.2. Heska Corporation
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product portfolio
      • 8.2.4. Business strategy
      • 8.2.5. Recent developments
    • 8.3. QIAGEN
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product portfolio
      • 8.3.4. Business strategy
      • 8.3.5. Recent developments
    • 8.4. Randox Laboratories
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product portfolio
      • 8.4.4. Business strategy
      • 8.4.5. Recent developments
    • 8.5. Abaxis, Inc.
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product portfolio
      • 8.5.4. Business strategy
      • 8.5.5. Recent developments
    • 8.6. IDEXX Laboratories, Inc.
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product portfolio
      • 8.6.4. Business strategy
      • 8.6.5. Recent developments
    • 8.7. Neogen Corp.
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product portfolio
      • 8.7.4. Business strategy
      • 8.7.5. Recent developments
    • 8.8. Virbac
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Product portfolio
      • 8.8.4. Business strategy
      • 8.8.5. Recent developments
    • 8.9. Zoetis Inc.
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Product portfolio
      • 8.9.4. Business strategy
      • 8.9.5. Recent developments

Methodology

Free Analysis

Animal diagnostics is important as it ensures a better understanding of an ailment. Companion animal diagnostic consists of various instruments and consumables, which can be used to assist in disease diagnosis. It involves the factors responsible for the onset of a disease. The growing demand for effective monitoring of pathogenesis of diseases in companion animals has encouraged various organizations to ensure that appropriate measures are taken. These organizations also aim to focus on disease prevention, maximize productivity, and enhance the nutritional content of various finished pet products.

The willingness of pet owners to improve their pets’ health and enhance their lifespan is likely to drive the companion animal diagnostic market globally in the future. As per the APP (American Pet Products Association), the number of pets owned in the U.S. households has increased by 2.1%, which is significantly higher than it was twenty years ago. Moreover, the rise in the number of nuclear families is triggering the increase in pet ownership. Various campaigns are being organized by the community for animal welfare to support the growth of animal healthcare sector, the rising initiatives taken by the U.S. government called as the “Feed the Future”, and the increasing foodborne and zoonotic diseases are likely to boost the companion animal diagnostic market.

Global Companion Animal Diagnostic Market

The companion animal diagnostic market is segmented on the basis of companion animal and technology. By companion animal, the market is segmented into dogs, cats, equine, and others. By technology, the market is segmented into immunodiagnostics, clinical biochemistry, hematology, molecular diagnostics, urinalysis, and others. The immunodiagnostics is further segmented into ELISA, lateral flow assays, immunoassay analyzers, and others. The molecular diagnostics market is further segmented into PCR, microarrays, and others.

By region, North America is anticipated to dominate the companion animal diagnostic market and hold a major market share in the forecast period. The presence of major industry players and initiatives taken by them toward animal care is likely to propel the region’s companion animal diagnostic market. The key market players are taking initiatives and collaborating with various animal welfare organizations to improve and create awareness for companion animal healthcare. For instance, Ceva, in 2015, renewed its partnership with American Association of Feline Practitioners, to protect animals against diseases further encouraging pet owners to live in urbanized societies and take better care of pets.

Some of the leading players in the companion animal diagnostic market are Thermo Fisher Scientific, Heska Corporation, QIAGEN, Randox Laboratories, Abaxis, Inc., IDEXX Laboratories, Inc., Neogen Corp., Virbac, and Zoetis Inc., among others.

}
Office Address

Corporate Office
Zion Market Research 244 Fifth Avenue, Suite N202 New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll Free No.1-855-465-4651

Asia Pacific Office
3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No 020-46277770

Contact #
US OFFICE NO +1-386-310-3803
US/CAN TOLL FREE +1-855-465-4651
Email: sales@zionmarketresearch.com