Veterinary Molecular Diagnostics Market Value to Reach US$ 1.1 Bn by 2031, Transparency Market Research, Inc.
The global ๐ฏ๐๐ญ๐๐ซ๐ข๐ง๐๐ซ๐ฒ ๐ฆ๐จ๐ฅ๐๐๐ฎ๐ฅ๐๐ซ ๐๐ข๐๐ ๐ง๐จ๐ฌ๐ญ๐ข๐๐ฌ ๐ฆ๐๐ซ๐ค๐๐ญ was valued at US$ 543.9 million in 2022 and is projected to grow at a CAGR of 7.9% from 2023 to 2031, reaching US$ 1.1 billion by 2031.Analysts attribute this growth to increased pet ownership and the prevalence of vector-borne diseases. Additionally, the surge in research and development activities, coupled with the introduction of new veterinary molecular diagnostic methods and technological advancements, is driving market demand.
To enhance their market positions, vendors are prioritizing research and development efforts and exploring collaborations with other industry players. They are also focusing on developing innovative analyzers that streamline workflow and eliminate manual steps, ensuring consistent and clinically actionable results for veterinarians.
๐๐๐๐๐ฌ๐ฌ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ :
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๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ญ๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง
Molecular diagnostics are crucial laboratory methods for identifying diseases in animals by examining RNA, DNA, or proteins. They play a vital role in diagnosing vector-borne diseases, respiratory pathogens, and diarrhea pathogens in both companion and livestock animals.
Various technologies such as conventional PCR, singleplex PCR, multiplex PCR, and real-time PCR are used for veterinary molecular diagnosis, aiding in the detection of bacterial, viral, fungal, and parasitic infections.
While conventional laboratory diagnostics rely on techniques like neutralization and ELISA, advancements have led to the adoption of new molecular techniques like Western blot and PCR, driving the demand for veterinary molecular diagnostics globally.
Despite steady adoption of conventional methods, the rise of new molecular techniques, along with improved immunoassays and biosensors, is expected to fuel growth in the veterinary molecular diagnostics industry.
๐๐๐ฃ๐จ๐ซ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ
IDEXX Laboratories, Inc., Thermo Fisher Scientific, Inc., Zoetis, Inc., Neogen Corporation, bioMรฉrieux SA, QIAGEN N.V., Biomedica Medizinprodukte GmbH, Bioneer, Mars, Incorporated, and Innovative Diagnostics
๐๐ข๐ฌ๐ ๐ข๐ง ๐๐ซ๐๐ฏ๐๐ฅ๐๐ง๐๐ ๐จ๐ ๐๐๐๐ญ๐จ๐ซ-๐๐จ๐ซ๐ง๐ ๐๐ข๐ฌ๐๐๐ฌ๐๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ ๐ซ๐๐ฌ๐ฌ
Vector-borne diseases are on the rise in dogs and cats globally, transmitted by various pathogens including viruses, bacteria, protozoa, and helminths. This trend poses significant threats and economic losses due to emerging or re-emerging diseases.
According to the World Health Organization, vector-borne diseases contribute to over 17% of infectious diseases, resulting in more than 700,000 deaths yearly.
The veterinary molecular diagnostics market is poised for growth, driven by advancements in diagnostic techniques and groundbreaking discoveries in animal health. Progress in detecting and managing diseases among animals will further propel market expansion.
Technological advancements and increased investments are driving innovations in veterinary molecular diagnostics. These developments are crucial for detecting new pathogens and enhancing food security in developing countries like India and China.
Adoption rates of veterinary molecular diagnostic techniques are rising, particularly in livestock management, aided by new vaccines and genomic approaches. Progress in DNA sequencing platforms and data analysis is also contributing to market growth.
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
Product Type
Instruments & Software
Kits & Reagents
Services
Technology
Conventional PCR
Singleplex PCR
Multiplex PCR
Real-time PCR
Others
Disease Type
Vector-borne Diseases
Respiratory Pathogens
Diarrhea Pathogens
Others
Animal Type
Companion Animal
Livestock Animal
End-user
Hospitals/Clinics
Reference Laboratories
๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ:
Inย January 2024,ย IDEXX Laboratories, Inc. launched the IDEXX inVue Dx Cellular Analyzer, a first-of-its-kind slide-free cellular analyzer to detect the most common cytologic changes found in ear and blood samples
Inย January 2024,ย Zoetis Inc. announced the expansion of its multi-application diagnostics platform, Vetscan Imagyst, to include AI Urine Sediment analysis. The new application enables accurate, in-clinic sediment analysis of fresh urine, allowing clinicians to make treatment decisions quickly.
๐๐๐ ๐ข๐จ๐ง๐ฌ ๐๐จ๐ฏ๐๐ซ๐๐:
North America(USA, Canada and Mexico)
Europe(UK, Germany, France and the Rest of Europe)
Asia Pacific(China, Japan, India, and the Rest of the Asia Pacific region)
South America(Brazil, Argentina and the Rest of South America)
Middle East and Africa(GCC and Rest of the Middle East and Africa)
๐๐๐ช๐ฎ๐ข๐ซ๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ:
https://www.transparencymarketresearch.com/checkout.php?rep_id=42437<ype=S&utm_source=OpenPR&utm_campaign=MansiR_OpenPR
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Adoption of point-of-care molecular diagnostic devices for rapid testing.
Integration of artificial intelligence and machine learning in veterinary diagnostics.
Collaboration between veterinary diagnostics companies and academic institutions for research and development.
๐ ๐ฎ๐ญ๐ฎ๐ซ๐ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
The veterinary molecular diagnostics market is poised for continued growth, driven by technological advancements, increasing pet ownership, and a growing emphasis on preventive healthcare for animals. Market players are expected to focus on expanding their product portfolios and geographical presence to capitalize on emerging opportunities.
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ฎ๐๐ฒ ๐๐จ๐ข๐ง๐ญ๐ฌ:
Market size and forecast analysis.
Competitive landscape assessment.
Regulatory landscape overview.
Technological advancements and innovations in molecular diagnostics.
Consumer behavior and purchasing trends in veterinary diagnostics.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐:
๐๐๐๐ ๐๐๐ง๐ญ๐๐ฅ ๐๐ฆ๐ฉ๐ฅ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ- https://www.globenewswire.com/news-release/2023/02/15/2608968/0/en/PEEK-Dental-Implants-Market-Value-to-Surpass-US-84-9-Million-by-2031-Transparency-Market-Research-Inc.html
๐๐๐ ๐๐ข๐ญ๐ก๐จ๐ ๐ซ๐๐ฉ๐ก๐ฒ ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ ๐๐๐ซ๐ค๐๐ญ- https://www.globenewswire.com/news-release/2023/02/15/2608722/0/en/DUV-Lithography-Systems-Market-Estimated-to-Reach-Revenue-of-US-12-3-Billion-by-End-of-2031-Transparency-Market-Research-Inc.html
ย
๐๐๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Transparency Market Research, a globalย market research companyย registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
๐๐จ๐ง๐ญ๐๐๐ญ:
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