Veterinary Diagnostics Market worth 6.71 Billion USD by 2021

1
MarketsandMarkets Presents

• Veterinary Diagnostics Market 

2

• The global veterinary diagnostics market is
  estimated to grow at a CAGR of 8.6 from 2016 to
  2021 to reach USD 6.71 Billion by 2021. Factors
  such as growing demand for pet insurance and
  rising animal health expenditure, increasing
  demand for animal-derived food products,
  innovation in veterinary diagnostics, growth in
  the number of veterinary practitioners and their
  income levels in developed economies, and
  increasing incidence of zoonotic diseases are the
  major factors driving the growth of the global
  market. However, high cost of the diagnostic
  imaging instruments and increasing pet care costs
  may hinder the growth of this market to a certain
  extent.

3
http//www.marketsandmarkets.com/Market-Repor
ts/veterinary-diagnostics-market-26017452.html
In this report, the veterinary diagnostics
market is segmented on the basis of product,
technology, animal type, and region. On the basis
of product, the market is segmented into
consumables, instruments, and services. Based on
the technology the market is segmented into
diagnostic imaging, clinical chemistry,
immunodiagnostics, hematology, and molecular
diagnostics. The diagnostic imaging segment
accounted for the largest share of the market in
2015, owing to its wide application in companion
animals as well as livestock. On the basis of
animal type, the market is segmented into
companion animals and food-producing animals.
4

• Geographically, the global veterinary diagnostics
  market is segmented into North America, Europe,
  Asia-Pacific, and the Rest of the World. In 2015,
  North America commanded a major share of the
  market. However, Asia-Pacific is expected to
  witness the highest growth rate during the
  forecast period. Growth in the Asia-Pacific
  market can be attributed to rising companion
  animal population, increase in the demand for
  animal-derived food products and increasing
  adoption of diagnostic products for diagnosis and
  treatment of animals.
• Some of the prominent players in the veterinary
  diagnostics market include IDEXX Laboratories,
  Inc. (U.S.), VCA, Inc. (U.S.), ABAXIS, Inc.
  (U.S), Heska Corporation (U.S.), Zoetis, Inc.
  (U.S.), Neogen Corporation (U.S.), Thermo Fisher
  Scientific, Inc. (U.S.), ID.Vet (France), Virbac
  (France), Mindray Medical Internationals Ltd.
  (China), GE Healthcare (U.K), and AGFA Healthcare
  (Netherlands).

5
Contact Us

• Mr. RohanMarkets and Markets UNIT no 802, Tower
  no. 7, SEZMagarpatta city, HadapsarPune,
  Maharashtra 411013, India1-888-600-6441Email
  sales_at_marketsandmarkets.com
• MarketsandMarkets Blog
• http//www.linkedin.com/company/marketsandmarkets
• http//twitter.com/marketsmarkets

6
About MarketsandMarkets
MarketsandMarkets is a global market research and
consulting company based in the U.S. We publish
strategically analyzed market research reports
and serve as a business intelligence partner to
Fortune 500 companies across the
world. MarketsandMarkets also provides
multi-client reports, company profiles,
databases, and custom research services. They
cover thirteen industry verticals, including
advanced materials, automotives and
transportation, banking and financial services,
biotechnology, chemicals, consumer goods, energy
and power, food and beverages, industrial
automation, medical devices, pharmaceuticals,
semiconductor and electronics, and
telecommunications and IT. We at
MarketsandMarkets are inspired to help our
clients grow by providing apt business insight
with our huge market intelligence repository.