April 20, 2024

Animal Diagnostics Market Size to Grow USD 20.08 Bn by 2033

The global animal diagnostics market size was estimated to be around US$ 8.22 billion in 2023 and is projected to reach US$ 20.08 billion by 2033, indicating a CAGR of 9.34% from 2024 to 2033.

Key Points

  • By region, North America dominated the animal diagnostics market in 2023.
  • By region, Asia Pacific is expected to witness significant growth in the market during the forecast period.
  • By product, the kits and reagent segment dominated the market in 2023.
  • By product, the instruments segment is expected to grow in the market during the forecast period.
  • By technology, the molecular diagnostics segment held the highest market share in 2023.
  • By technology, the hematology segment is expected to grow at a significant rate in the market during the anticipated period.
  • By animal type, the companion animals segment dominated the animal diagnostics market in 2023.
  • By animal type, the livestock animals segment is expected to grow at a notable rate in the market during the predicted time period.

Animal Diagnostics Market Size 2024 to 2033

The market research report on the animal diagnostics market provides a comprehensive analysis of various key aspects. It includes the definition, classification, and application of animal diagnostics products. The report examines the development trends, competitive landscape, and industrial chain structure within the industry. Furthermore, it presents an overview of the industry, analyzes national policies and planning, and offers insights into the latest market dynamics and opportunities at a global level.

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Animal Diagnostics Market Scope

Report Coverage Details
Growth Rate from 2024 to 2033 CAGR of 9.34%
Global Market Size in 2023 USD 8.22 Billion
Global Market Size by 2033 USD 20.08 Billion
Largest Market North America
Base Year 2023
Forecast Period 2024 to 2033
Segments Covered By Product, By Technology, and By Animal Type
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Read More: Pregnancy Medication Market Size to Attain USD 135.43 Bn by 2033

The report presents the volume and value-based market size for the base year 2023 and forecasts the market’s growth between 2023 and 2032. It estimates market numbers based on product form and application, providing size and forecast for each application segment in both global and regional markets.

Focusing on the global animal diagnostics market, the report highlights its status, future forecasts, growth opportunities, key market players, and key market regions such as the United States, Europe, and China. The study aims to present the development of the animal diagnostics market by considering factors like Year-on-Year (Y-o-Y) growth, in addition to Compound Annual Growth Rate (CAGR). This approach enables a better understanding of market certainty and the identification of lucrative opportunities.

Regarding production, the report investigates the capacity, production, value, ex-factory price, growth rate, and market share of major manufacturers, regions, and product types. On the consumption side, the report focuses on the regional consumption of animal diagnostics products across different countries and applications.

Buyers of the report gain access to verified market figures, including global market size in terms of revenue and volume. The report provides reliable estimations and calculations for global revenue and volume by product type from 2024 to 2033. It also includes accurate figures for production capacity and production by region during the same period.

The research includes product parameters, production processes, cost structures, and data classified by region, technology, and application. Furthermore, it conducts SWOT analysis and investment feasibility studies for new projects.

This in-depth research report offers valuable insights into the animal diagnostics market. It employs an objective and fair approach to analyze industry trends, supporting customer competition analysis, development planning, and investment decision-making. The project received support and assistance from technicians and marketing personnel across various links in the industry chain.

The competitive landscape section of the report provides detailed information on xx market competitors. It includes company overviews, financials, revenue generation, market potential, research and development investments, new market initiatives, global presence, production sites, production capacities, strengths and weaknesses, product launches, product range, and application dominance. However, the data points provided only focus on the companies’ activities related to the animal diagnostics market.

Prominent players in the market are expected to face tough competition from new entrants. Key players are targeting acquisitions of startup companies to maintain their dominance. The report

Reasons to Purchase this Report:

  • Comprehensive market segmentation analysis incorporating qualitative and quantitative research, considering the impact of economic and policy factors.
  • In-depth regional and country-level analysis, examining the demand and supply dynamics that influence market growth.
  • Market size in USD million and volume in million units provided for each segment and sub-segment.
  • Detailed competitive landscape, including market share of major players, recent projects, and strategies implemented over the past five years.
  • Comprehensive company profiles encompassing product offerings, key financial information, recent developments, SWOT analysis, and employed strategies by major market players.

Animal Diagnostics Market Companies

  • IDEXX Laboratories, Inc.
  • Zoetis
  • Antech Diagnostics, Inc. (Mars Inc.)
  • Agrolabo S.p.A.
  • Embark Veterinary, Inc.
  • Esaote SPA
  • Thermo Fisher Scientific, Inc.
  • Innovative Diagnostics SAS
  • Virbac
  • FUJIFILM Corporation

Segments Covered by the Report

By Products

  • Kits and Reagents
  • Instruments
  • Software and Services

By Technology

  • Molecular Diagnostics
  • Hematology
  • Immunodiagnostics

By Animal Type

  • Companion Animal
  • Livestock Animal

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Animal Diagnostics Market 

5.1. COVID-19 Landscape: Animal Diagnostics Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Animal Diagnostics Market, By Products

8.1. Animal Diagnostics Market, by Products, 2024-2033

8.1.1 Kits and Reagents

8.1.1.1. Market Revenue and Forecast (2021-2033)

8.1.2. Instruments

8.1.2.1. Market Revenue and Forecast (2021-2033)

8.1.3. Software and Services

8.1.3.1. Market Revenue and Forecast (2021-2033)

Chapter 9. Global Animal Diagnostics Market, By Technology

9.1. Animal Diagnostics Market, by Technology, 2024-2033

9.1.1. Molecular Diagnostics

9.1.1.1. Market Revenue and Forecast (2021-2033)

9.1.2. Hematology

9.1.2.1. Market Revenue and Forecast (2021-2033)

9.1.3. Immunodiagnostics

9.1.3.1. Market Revenue and Forecast (2021-2033)

Chapter 10. Global Animal Diagnostics Market, By Animal Type 

10.1. Animal Diagnostics Market, by Animal Type, 2024-2033

10.1.1. Companion Animal

10.1.1.1. Market Revenue and Forecast (2021-2033)

10.1.2. Livestock Animal

10.1.2.1. Market Revenue and Forecast (2021-2033)

Chapter 11. Global Animal Diagnostics Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Products (2021-2033)

11.1.2. Market Revenue and Forecast, by Technology (2021-2033)

11.1.3. Market Revenue and Forecast, by Animal Type (2021-2033)

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Products (2021-2033)

11.1.4.2. Market Revenue and Forecast, by Technology (2021-2033)

11.1.4.3. Market Revenue and Forecast, by Animal Type (2021-2033)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Products (2021-2033)

11.1.5.2. Market Revenue and Forecast, by Technology (2021-2033)

11.1.5.3. Market Revenue and Forecast, by Animal Type (2021-2033)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Products (2021-2033)

11.2.2. Market Revenue and Forecast, by Technology (2021-2033)

11.2.3. Market Revenue and Forecast, by Animal Type (2021-2033)

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Products (2021-2033)

11.2.4.2. Market Revenue and Forecast, by Technology (2021-2033)

11.2.4.3. Market Revenue and Forecast, by Animal Type (2021-2033)

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Products (2021-2033)

11.2.5.2. Market Revenue and Forecast, by Technology (2021-2033)

11.2.5.3. Market Revenue and Forecast, by Animal Type (2021-2033)

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Products (2021-2033)

11.2.6.2. Market Revenue and Forecast, by Technology (2021-2033)

11.2.6.3. Market Revenue and Forecast, by Animal Type (2021-2033)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Products (2021-2033)

11.2.7.2. Market Revenue and Forecast, by Technology (2021-2033)

11.2.7.3. Market Revenue and Forecast, by Animal Type (2021-2033)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Products (2021-2033)

11.3.2. Market Revenue and Forecast, by Technology (2021-2033)

11.3.3. Market Revenue and Forecast, by Animal Type (2021-2033)

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Products (2021-2033)

11.3.4.2. Market Revenue and Forecast, by Technology (2021-2033)

11.3.4.3. Market Revenue and Forecast, by Animal Type (2021-2033)

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Products (2021-2033)

11.3.5.2. Market Revenue and Forecast, by Technology (2021-2033)

11.3.5.3. Market Revenue and Forecast, by Animal Type (2021-2033)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Products (2021-2033)

11.3.6.2. Market Revenue and Forecast, by Technology (2021-2033)

11.3.6.3. Market Revenue and Forecast, by Animal Type (2021-2033)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Products (2021-2033)

11.3.7.2. Market Revenue and Forecast, by Technology (2021-2033)

11.3.7.3. Market Revenue and Forecast, by Animal Type (2021-2033)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Products (2021-2033)

11.4.2. Market Revenue and Forecast, by Technology (2021-2033)

11.4.3. Market Revenue and Forecast, by Animal Type (2021-2033)

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Products (2021-2033)

11.4.4.2. Market Revenue and Forecast, by Technology (2021-2033)

11.4.4.3. Market Revenue and Forecast, by Animal Type (2021-2033)

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Products (2021-2033)

11.4.5.2. Market Revenue and Forecast, by Technology (2021-2033)

11.4.5.3. Market Revenue and Forecast, by Animal Type (2021-2033)

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Products (2021-2033)

11.4.6.2. Market Revenue and Forecast, by Technology (2021-2033)

11.4.6.3. Market Revenue and Forecast, by Animal Type (2021-2033)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Products (2021-2033)

11.4.7.2. Market Revenue and Forecast, by Technology (2021-2033)

11.4.7.3. Market Revenue and Forecast, by Animal Type (2021-2033)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Products (2021-2033)

11.5.2. Market Revenue and Forecast, by Technology (2021-2033)

11.5.3. Market Revenue and Forecast, by Animal Type (2021-2033)

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Products (2021-2033)

11.5.4.2. Market Revenue and Forecast, by Technology (2021-2033)

11.5.4.3. Market Revenue and Forecast, by Animal Type (2021-2033)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Products (2021-2033)

11.5.5.2. Market Revenue and Forecast, by Technology (2021-2033)

11.5.5.3. Market Revenue and Forecast, by Animal Type (2021-2033)

Chapter 12. Company Profiles

12.1. IDEXX Laboratories, Inc.

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Zoetis

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Antech Diagnostics, Inc. (Mars Inc.)

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Agrolabo S.p.A.

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Embark Veterinary, Inc.

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Esaote SPA

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Thermo Fisher Scientific, Inc.

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Innovative Diagnostics SAS

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Virbac

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. FUJIFILM Corporation

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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