Outlook into the Worldwide Companion Animal Diagnostics Industry to 2027 - Demand for Advanced Technologies to Improve Disease Diagnosis


Dublin, May 14, 2020 (GLOBE NEWSWIRE) -- The "Companion Animal Diagnostics Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Technology; Application; Animal Type; End User;and Geography" report has been added to ResearchAndMarkets.com's offering.

The companion animal diagnostics market was valued at US$ 2,031.62 Mn in 2019 and is projected to reach US$ 2,684.86 Mn by 2027; it is expected to grow at a CAGR of 4.1% from 2020 to 2027.

The growing prevalence of chronic diseases in pet animals and the increasing adoption of pets for companionship are the major factors driving the growth of the companion animal diagnostics market. However, increasing pet care costs and extended pet lifespan are expected to restrain the growth of the market during the forecast period.

The companion animal diagnostics market offerings deal with the epidemiology and pathogenesis of domestic animals and facilitate the prevention of further complications with the health of pets and their owners.

The global companion animal diagnostics market is segmented into technology, animal type, application, and end-user. Based on technology, the companion animal diagnostics market is further segmented into immunodiagnostics, clinical biochemistry, hematology, urinalysis, molecular diagnostics, and others. The immunodiagnostics segment held the largest share of the market in 2019. However, the clinical biochemistry segment is anticipated to register a higher CAGR in the market during the forecast period.

A few essential primary and secondary sources included in the report areAnimal & Plant Health Agency, American Veterinary Medical Association, and the Canadian Centre for Veterinary Biologics.

Reasons to Buy

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the companion animal diagnostics market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the global companion animal diagnostics market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.

Key Topics Covered:

1. Introduction

2. Companion Animal Diagnostic Market - Key Takeaways

3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Global Companion Animal Diagnostics Market- Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 Asia Pacific
4.2.4 Middle East & Africa
4.2.5 South & Central America
4.3 Expert Opinion

5. Global Companion Animal Diagnostics Market- Key Market Dynamics
5.1 Key Drivers
5.1.1 Growing Prevalence of Chronic Diseases in Pet Animals
5.1.2 Increasing Adoption of Pets for Companionship
5.2 Key Restraints
5.2.1 Increasing Pet Care Costs and Extended Pet Lifespan
5.3 Opportunities
5.3.1 Demand for Advanced Technologies to Improve Disease Diagnosis
5.4 Trends
5.4.1 Escalating Number of Product Launches
5.5 Impact Analysis

6. Companion Animal Diagnostics Market- Global Analysis
6.1 Global Companion Animal Diagnostics Market Revenue Forecast And Analysis
6.2 Global Companion Animal Diagnostics Market, By Geography - Forecast And Analysis
6.3 Market Positioning of Key Players

7. Companion Animal Diagnostics Market Analysis - By Technology
7.1 Overview
7.2 Companion Animal Diagnostics Market Share, by Technology, 2019 and 2027 (%)
7.3 Immunodiagnostics
7.3.1 Overview
7.3.2 Immunodiagnostics: Companion Animal Diagnostics Market- Revenue and Forecast to 2027 (US$ Million)
7.3.3 Lateral Flow Assays
7.3.3.1 Overview
7.3.3.2 Lateral Flow Assays: Companion Animal Diagnostics Market- Revenue and Forecast to 2027 (US$ Million)
7.3.4 ELISA Tests
7.3.4.1 Overview
7.3.4.2 ELISA Tests: Companion Animal Diagnostics Market- Revenue and Forecast to 2027 (US$ Million)
7.3.5 Allergen-Specific Immunodiagnostic Tests
7.3.5.1 Overview
7.3.5.2 Allergen-Specific Immunodiagnostic Tests: Companion Animal Diagnostics Market- Revenue and Forecast to 2027 (US$ Million)
7.3.6 Immunoassay Analyzers
7.3.6.1 Overview
7.3.6.2 Immunoassay Analyzers: Companion Animal Diagnostics Market- Revenue and Forecast to 2027 (US$ Million)
7.4 Clinical Biochemistry
7.4.1 Overview
7.4.2 Clinical Biochemistry: Companion Animal Diagnostics Market- Revenue and Forecast to 2027 (US$ Million)
7.4.3 Clinical Chemistry Analysis
7.4.3.1 Overview
7.4.3.2 Clinical Chemistry Analysis: Companion Animal Diagnostics Market- Revenue and Forecast to 2027 (US$ Million)
7.4.4 Glucose Monitoring
7.4.4.1 Overview
7.4.4.2 Glucose Monitoring: Companion Animal Diagnostics Market- Revenue and Forecast to 2027 (US$ Million)
7.4.5 Blood Gas Electrolyte Analysis
7.4.5.1 Overview
7.4.5.2 Blood Gas Electrolyte Analysis: Companion Animal Diagnostics Market- Revenue and Forecast to 2027 (US$ Million)
7.5 Hematology
7.5.1 Overview
7.5.2 Hematology: Companion Animal Diagnostics Market- Revenue and Forecast to 2027 (US$ Million)
7.6 Urinalysis
7.6.1 Overview
7.6.2 Urinalysis: Companion Animal Diagnostics Market- Revenue and Forecast to 2027 (US$ Million)
7.7 Molecular Diagnostics
7.7.1 Overview
7.7.2 Molecular Diagnostics: Companion Animal Diagnostics Market- Revenue and Forecast to 2027 (US$ Million)
7.8 Others
7.8.1 Overview
7.8.2 Others: Companion Animal Diagnostics Market- Revenue and Forecast to 2027 (US$ Million)

8. Companion Animal Diagnostics Market Analysis - By Application
8.1 Overview
8.2 Companion Animal Diagnostics Market Share, by Application, 2019 and 2027 (%)
8.3 Bacteriology
8.3.1 Overview
8.3.2 Bacteriology: Companion Animal Diagnostics Market- Revenue and Forecast to 2027 (US$ Million)
8.4 Clinical Pathology
8.4.1 Overview
8.4.2 Clinical Pathology: Companion Animal Diagnostics Market- Revenue and Forecast to 2027 (US$ Million)
8.5 Virology
8.5.1 Overview
8.5.2 Virology: Companion Animal Diagnostics Market- Revenue and Forecast to 2027 (US$ Million)
8.6 Parasitology
8.6.1 Overview
8.6.2 Parasitology: Companion Animal Diagnostics Market- Revenue and Forecast to 2027 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: Companion Animal Diagnostics Market- Revenue and Forecast to 2027 (US$ Million)

9. Companion Animal Diagnostics Market Analysis - By Animal Type
9.1 Overview
9.2 Companion Animal Diagnostics Market Share, by Animal Type, 2019 and 2027 (%)
9.3 Dogs
9.3.1 Overview
9.3.2 Dogs: Companion Animal Diagnostics Market- Revenue and Forecast to 2027 (US$ Million)
9.4 Cats
9.4.1 Overview
9.4.2 Cats: Companion Animal Diagnostics Market- Revenue and Forecast to 2027 (US$ Million)
9.5 Horses
9.5.1 Overview
9.5.2 Horses: Companion Animal Diagnostics Market- Revenue and Forecast to 2027 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Companion Animal Diagnostics Market- Revenue and Forecast to 2027 (US$ Million)

10. Companion Animal Diagnostics Market Analysis - By End User
10.1 Overview
10.2 Companion Animal Diagnostics Market Share, by End User, 2019 and 2027 (%)
10.3 Diagnostic Laboratories
10.3.1 Overview
10.3.2 Diagnostic Laboratories: Companion Animal Diagnostics Market- Revenue and Forecast to 2027 (US$ Million)
10.4 Veterinary Hospitals and Clinics
10.4.1 Overview
10.4.2 Veterinary Hospitals and Clinics: Companion Animal Diagnostics Market- Revenue and Forecast to 2027 (US$ Million)
10.5 Research Institutes and Universities
10.5.1 Overview
10.5.2 Research Institutes and Universities: Companion Animal Diagnostics Market- Revenue and Forecast to 2027 (US$ Million)

11. Companion Animal Diagnostics Market- Geographic Analysis
11.1 North America: Companion Animal Diagnostics Market
11.2 Europe: Companion Animal Diagnostics Market
11.3 Asia Pacific: Companion Animal Diagnostics Market
11.4 Middle East and Africa: Companion Animal Diagnostics Market
11.5 South and Central America: Companion Animal Diagnostics Market

12. Impact of COVID-19 Pandemic On Global Companion Animal Diagnostics Market
12.1 North America: Impact Assessment of COVID-19 Pandemic
12.2 Europe: Impact Assessment of COVID-19 Pandemic
12.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
12.4 Rest of the World: Impact Assessment of COVID-19 Pandemic

13. Companion Animal Diagnostics Market -Industry Landscape
13.1 Overview
13.2 Growth Strategies in The Companion Animal Diagnostics Market, 2016-2020
13.3 Inorganic Growth Strategies
13.3.1 Overview
13.4 Organic Growth Strategies
13.4.1 Overview

14. Companion Animal Diagnostics Market - Company Profiles
14.1 Zoetis Inc.
14.2 Thermo Fisher Scientific Inc
14.3 Virbac
14.4 Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
14.5 Randox Laboratories, Ltd.
14.6 Idvet
14.7 Idexx Laboratories, Inc.
14.8 Heska Corporation
14.9 Fujifilm Corporation
14.10 Skyla Corporation

15. Appendix

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