Veterinary Infectious Diseases Diagnostics Market is Projected o Hit USD 2 Billion by 2026

The global veterinary infectious disease diagnostics market is driven by an increased animal health expenditure, and growing demand for pet insurance.

WILMINGTON, DELAWARE , UNITED STATES, June 19, 2024 /EINPresswire.com/ — According to a new report published by Allied Market Research, titled, “Veterinary Infectious Disease Diagnostics Market by Product Type, Application: Global Opportunity Analysis and Industry Forecast, 2018–2026,” The global veterinary infectious disease diagnostics market size was valued at $1 billion in 2018, and is expected to reach $2 billion by 2026, registering a CAGR of 8.3% from 2019 to 2026.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭 𝐚𝐭 https://www.alliedmarketresearch.com/request-sample/A06097

𝐓𝐡𝐞 𝐢𝐦𝐦𝐮𝐧𝐨𝐝𝐢𝐚𝐠𝐧𝐨𝐬𝐭𝐢𝐜𝐬 𝐬𝐞𝐠𝐦𝐞𝐧𝐭 𝐭𝐨 𝐦𝐚𝐢𝐧𝐭𝐚𝐢𝐧 𝐢𝐭𝐬 𝐥𝐞𝐚𝐝𝐞𝐫𝐬𝐡𝐢𝐩 𝐩𝐨𝐬𝐢𝐭𝐢𝐨𝐧 𝐛𝐲 2026
In 2018, the immunodiagnostics segment accounted for nearly half of the total share in the global veterinary infectious disease diagnostics market, and it is anticipated to retain its leading position throughout the forecast period. Furthermore, this segment is projected to exhibit the highest CAGR of 9.2% from 2019 to 2026, driven by advantages such as rapid results and accurate diagnosis. The research also examines other segments, including molecular diagnostics and others.

𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐭𝐨 𝐦𝐚𝐢𝐧𝐭𝐚𝐢𝐧 𝐢𝐭𝐬 𝐝𝐨𝐦𝐢𝐧𝐚𝐧𝐜𝐞 𝐝𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐩𝐞𝐫𝐢𝐨𝐝
By region, North America held the largest market share by revenue in 2018, accounting for nearly two-fifths of the global veterinary infectious disease diagnostics market, and is projected to maintain its dominance throughout the forecast period. This is due to increased awareness about early disease screening in companion animals and the availability of superior veterinary treatment options. Additionally, the Asia-Pacific region is expected to achieve the highest CAGR of 10.3% from 2019 to 2026, driven by a rise in pet ownership and greater awareness of early diagnosis and treatment of diseases in companion animals.

𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐚𝐭 https://www.alliedmarketresearch.com/purchase-enquiry/A06097

𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 𝐩𝐥𝐚𝐲𝐞𝐫𝐬
Biomérieux SA
HESKA Corporation
IDEXX Laboratories, Inc.
ID.Vet
Neogen Corporation
Qiagen N.V.
Randox Laboratories Ltd.
Thermo Fisher Scientific Inc.
Virbac
Zoetis

𝐎𝐭𝐡𝐞𝐫 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐢𝐧 𝐋𝐢𝐟𝐞 𝐒𝐜𝐢𝐞𝐧𝐜𝐞 𝐃𝐨𝐦𝐚𝐢𝐧
𝐂𝐨𝐧𝐣𝐮𝐧𝐜𝐭𝐢𝐯𝐢𝐭𝐢𝐬 𝐓𝐫𝐞𝐚𝐭𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/conjunctivitis-treatment-market-A17599
𝐂𝐎𝐏𝐃 𝐚𝐧𝐝 𝐀𝐬𝐭𝐡𝐦𝐚 𝐃𝐢𝐚𝐠𝐧𝐨𝐭𝐢𝐜 𝐚𝐧𝐝 𝐌𝐨𝐧𝐢𝐭𝐨𝐫𝐢𝐧𝐠 𝐃𝐞𝐯𝐢𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/copd-and-asthma-diagnostic-and-monitoring-devices-market-A10567

David Correa
Allied Market Research
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