Increasing prevalence of zoonotic diseases and rising demand for animal-derived food products are driving the growth of the animal diagnostics market. Furthermore, the growing pet population and increasing adoption of companion animals are fueling the demand for early and accurate diagnosis of diseases in animals. Additionally, technological advancements in diagnostics tools and techniques are providing new growth opportunities in the market.
Industry
Report Coverage | Details |
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Segments Covered | Products, Technology, Animal Type |
Regions Covered | • North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA) |
Company Profiled | IDEXX Laboratories,, Zoetis, Antech Diagnostics,, Agrolabo S.p.A., Embark Veterinary,, Esaote SPA, Thermo Fisher Scientific,, Innovative Diagnostics SAS, Virbac, FUJIFILM |
High cost of diagnostic tests and limited awareness about animal health issues among pet owners are major restraints hindering the growth of the animal diagnostics market. Additionally, lack of skilled professionals and infrastructure in developing regions is posing a challenge for market growth.