The global companion
animal diagnostics market is foreseen to grow at 8.7%, from USD 2.8 Billion in
2021 to USD 5.5 Billion in 2029. Growth in the companion animal population, and an increasing number of veterinary practitioners in developed economies. however, rising
burden of the pet care cost yet remains one of the factors restraining market
growth.
A companion
animal, unlike an assistive animal, is one with no special training in helping
an individual cope with a disability. Companion animal diagnostics use a
variety of veterinary tools to diagnose disease, monitor disease progression or
response to therapy, and to screen for the presence of underlying disease in
apparently healthy animals.
Companion
animal diagnostics market report also provide a thorough understanding of the
cutting-edge competitive analysis of the emerging market trends along with the
drivers, restraints, challenges, and opportunities in the Companion animal
diagnostics market to offer worthwhile insights and current scenario for making
right decision. The report covers the prominent players in the market with
detailed SWOT analysis, financial overview, and key developments of the
products/services from the past three years. Moreover, the report also offers a
360º outlook of the market through the competitive landscape of the global
industry player and helps the companies to garner Companion animal diagnostics
market revenue by understanding the strategic growth approaches.
Companion animal
diagnostics Market study by “Zettabyte Analytics” provides details about the
market dynamics affecting the market, Market scope, Market segmentation and
overlays shadow upon the leading market players highlighting the favorable
competitive landscape and trends prevailing over the years.
Market Segmentation
For the purpose
of this report, the global companion animal diagnostics market is segmented on
the basis of technology, animal type, application, end user and region:
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By
Technology
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Clinical Biochemistry
|
Clinical Chemistry Analyzers
|
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Glucose Monitoring
|
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Immunodiagnostics
|
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Hematology
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Molecular diagnostics
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Urinalysis
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Others
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By
Animal Type
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Dogs
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Cats
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Equine
|
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By
Application
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Clinical Pathology
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Bacteriology
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Parasitology
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Others
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By
End User
|
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Laboratories
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Veterinary Hospitals and Clinics
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Point-Of-Care/In-House Testing
|
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Research Institutes and Universities
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Technology Outlook:
On the basis of
Technology, the market is segmented into Clinical Biochemistry,
Immunodiagnostics, Hematology, Molecular diagnostics, Urinalysis, Others.
Figure 1 - Companion animal diagnostics
Market, By Technology (Market Size And Forecast By Value - USD Million, 2021
& 2029)