Market Overview:
The global veterinary immunodiagnostics market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for animal-derived food products, rising awareness about animal health and zoonotic diseases, and growing number of veterinary practitioners and clinics. The global veterinary immunodiagnostics market is segmented by type into enzyme-linked immunosorbent assay (ELISA), radioimmunoassay, rapid tests, and other tests. ELISA accounted for the largest share of the global veterinary immunodiagnostics market in 2017 owing to its high accuracy and reliability. Rapid tests are expected to grow at the highest CAGR during the forecast period as they are easy-to-use, time-saving, and provide results within minutes. The global veterinary immunodiagnostics market is segmented by application into cattle, pigs, poultry, felines, canines,, equine,,and other animals. The cattle segment accounted for the largest share of the global veterinary immunodiagnostics market in 2017 owing to rising demand for beef worldwide. However,.
Product Definition:
Veterinary Immunodiagnostics is the term used to describe the scientific study of diagnosing and managing diseases through the use of immunological techniques. The importance of Veterinary Immunodiagnostics is that it helps veterinarians to accurately diagnose diseases in animals, which in turn allows for more effective treatment.
Enzyme-Linked Immunosorbent Assay (ELISA):
Enzyme-linked immunosorbent assay (ELISA) is a procedure to detect the presence of an antigen in the sample by using antibodies. The ELISA test is used for detecting various infectious and non-infectious diseases. It's major application includes detection of HIV, HCV, Tuberculosis & other Pulmonary Diseases (TB), Leishmaniasis disease, Aleutian Disease (ADA), parvovirus 19 & 20 infection among others.
Radioimmunoassay:
Radioimmunoassay is a technique used for the detection of specific antigens in biological fluids such as urine, serum, and plasma. It involves the use of radiolabeled antigen (specific antibody) which is labeled with radioisotope. The presence of radioactive element indicates the presence of an antigen in sample tested.
Application Insights:
The canine segment dominated the global market in terms of revenue share in 2017. The growth can be attributed to the rising number of pet dogs across the globe. A significant increase has been observed in dog ownership, especially among the millennials and generation Z, which is expected to fuel demand for diagnostics products over the forecast period.
Equine segment is anticipated to witness a lucrative CAGR during the study period owing to increasing awareness about horseback riding as a recreational activity and development of racing industry across various regions including Europe, Middle East & Africa, North America and Asia Pacific. Radioimmunoassay tests are majorly used for equine immunodiagnostics while ELISA tests are preferred for donkey or mule immunodiagnosis due largely to their smaller size compared with horses.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of players, high R&D investment by them and continuous product development. The region is expected to maintain its dominance throughout the forecast period owing to increasing demand for meat products and rising pet ownership which will increase demand for veterinary diagnostics.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rapid economic development coupled with increasing disposable income especially in emerging countries such as China, India, Indonesia & Thailand (ICT). These factors are expected to drive product adoption across this region eventually boosting revenue generation from 2016 To 2030 in terms of volume as well as revenue pertainance.
Growth Factors:
- Increasing demand for companion animals: The increasing demand for companion animals is one of the major growth drivers for the veterinary immunodiagnostics market. Companion animals such as dogs and cats are increasingly becoming a part of human families, which is driving the demand for better diagnostics and treatments.
- Rising incidence of zoonotic diseases: The rising incidence of zoonotic diseases is another key factor that is fuelling the growth of the veterinary immunodiagnostics market. Zoonotic diseases are those that can be transmitted from animals to humans, and they pose a serious threat to public health. Immunodiagnostic tests play an important role in detecting and managing these diseases.
- Growing awareness about animal health: There has been a growing awareness about animal health in recent years, owing to which people are increasingly seeking early diagnosis and treatment for their pets’ illnesses. This is boosting the demand for veterinary immunodiagnostics products and services worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Veterinary Immunodiagnostics Market Research Report
By Type
Enzyme-Linked Immunosorbent Assay (ELISA), Radioimmunoassay, Rapid Tests, Other
By Application
Cattle, Pigs, Poultry, Feline, Canine, Equine, Other
By Companies
Abaxisinc, BioMerieux SA, Idexx Laboratories, Heska Corporation, Virbac SA, Zoetisinc, Randox Laboratories, Neogen Corporation, Woodley Equipment, Thermo Fisher Scientific, Qiagen N.V.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Veterinary Immunodiagnostics Market Report Segments:
The global Veterinary Immunodiagnostics market is segmented on the basis of:
Types
Enzyme-Linked Immunosorbent Assay (ELISA), Radioimmunoassay, Rapid Tests, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cattle, Pigs, Poultry, Feline, Canine, Equine, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Abaxisinc
- BioMerieux SA
- Idexx Laboratories
- Heska Corporation
- Virbac SA
- Zoetisinc
- Randox Laboratories
- Neogen Corporation
- Woodley Equipment
- Thermo Fisher Scientific
- Qiagen N.V.
Highlights of The Veterinary Immunodiagnostics Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Enzyme-Linked Immunosorbent Assay (ELISA)
- Radioimmunoassay
- Rapid Tests
- Other
- By Application:
- Cattle
- Pigs
- Poultry
- Feline
- Canine
- Equine
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Veterinary Immunodiagnostics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Veterinary immunodiagnostics is a veterinary diagnostic technology that uses antibodies to identify and quantify the presence of specific pathogens in an animal.
Some of the major companies in the veterinary immunodiagnostics market are Abaxisinc, BioMerieux SA, Idexx Laboratories, Heska Corporation, Virbac SA, Zoetisinc, Randox Laboratories, Neogen Corporation, Woodley Equipment, Thermo Fisher Scientific, Qiagen N.V..
The veterinary immunodiagnostics market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Veterinary Immunodiagnostics Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Veterinary Immunodiagnostics Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Veterinary Immunodiagnostics Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Veterinary Immunodiagnostics Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Veterinary Immunodiagnostics Market Size & Forecast, 2018-2028
4.5.1 Veterinary Immunodiagnostics Market Size and Y-o-Y Growth
4.5.2 Veterinary Immunodiagnostics Market Absolute $ Opportunity
Chapter 5 Global Veterinary Immunodiagnostics Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Veterinary Immunodiagnostics Market Size Forecast by Type
5.2.1 Enzyme-Linked Immunosorbent Assay (ELISA)
5.2.2 Radioimmunoassay
5.2.3 Rapid Tests
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Veterinary Immunodiagnostics Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Veterinary Immunodiagnostics Market Size Forecast by Applications
6.2.1 Cattle
6.2.2 Pigs
6.2.3 Poultry
6.2.4 Feline
6.2.5 Canine
6.2.6 Equine
6.2.7 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Veterinary Immunodiagnostics Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Veterinary Immunodiagnostics Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Veterinary Immunodiagnostics Analysis and Forecast
9.1 Introduction
9.2 North America Veterinary Immunodiagnostics Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Veterinary Immunodiagnostics Market Size Forecast by Type
9.6.1 Enzyme-Linked Immunosorbent Assay (ELISA)
9.6.2 Radioimmunoassay
9.6.3 Rapid Tests
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Veterinary Immunodiagnostics Market Size Forecast by Applications
9.10.1 Cattle
9.10.2 Pigs
9.10.3 Poultry
9.10.4 Feline
9.10.5 Canine
9.10.6 Equine
9.10.7 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Veterinary Immunodiagnostics Analysis and Forecast
10.1 Introduction
10.2 Europe Veterinary Immunodiagnostics Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Veterinary Immunodiagnostics Market Size Forecast by Type
10.6.1 Enzyme-Linked Immunosorbent Assay (ELISA)
10.6.2 Radioimmunoassay
10.6.3 Rapid Tests
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Veterinary Immunodiagnostics Market Size Forecast by Applications
10.10.1 Cattle
10.10.2 Pigs
10.10.3 Poultry
10.10.4 Feline
10.10.5 Canine
10.10.6 Equine
10.10.7 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Veterinary Immunodiagnostics Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Veterinary Immunodiagnostics Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Veterinary Immunodiagnostics Market Size Forecast by Type
11.6.1 Enzyme-Linked Immunosorbent Assay (ELISA)
11.6.2 Radioimmunoassay
11.6.3 Rapid Tests
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Veterinary Immunodiagnostics Market Size Forecast by Applications
11.10.1 Cattle
11.10.2 Pigs
11.10.3 Poultry
11.10.4 Feline
11.10.5 Canine
11.10.6 Equine
11.10.7 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Veterinary Immunodiagnostics Analysis and Forecast
12.1 Introduction
12.2 Latin America Veterinary Immunodiagnostics Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Veterinary Immunodiagnostics Market Size Forecast by Type
12.6.1 Enzyme-Linked Immunosorbent Assay (ELISA)
12.6.2 Radioimmunoassay
12.6.3 Rapid Tests
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Veterinary Immunodiagnostics Market Size Forecast by Applications
12.10.1 Cattle
12.10.2 Pigs
12.10.3 Poultry
12.10.4 Feline
12.10.5 Canine
12.10.6 Equine
12.10.7 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Veterinary Immunodiagnostics Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Veterinary Immunodiagnostics Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Veterinary Immunodiagnostics Market Size Forecast by Type
13.6.1 Enzyme-Linked Immunosorbent Assay (ELISA)
13.6.2 Radioimmunoassay
13.6.3 Rapid Tests
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Veterinary Immunodiagnostics Market Size Forecast by Applications
13.10.1 Cattle
13.10.2 Pigs
13.10.3 Poultry
13.10.4 Feline
13.10.5 Canine
13.10.6 Equine
13.10.7 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Veterinary Immunodiagnostics Market: Competitive Dashboard
14.2 Global Veterinary Immunodiagnostics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Abaxisinc
14.3.2 BioMerieux SA
14.3.3 Idexx Laboratories
14.3.4 Heska Corporation
14.3.5 Virbac SA
14.3.6 Zoetisinc
14.3.7 Randox Laboratories
14.3.8 Neogen Corporation
14.3.9 Woodley Equipment
14.3.10 Thermo Fisher Scientific
14.3.11 Qiagen N.V.
