(PharmaNewsWire.Com, April 18, 2017 ) Market Data Forecast recently published a report on the North America Veterinary Diagnostics Market which estimates the market to grow from USD 1710.4 million from 2016 to USD 2553 million with a high CAGR of 8.358%.
North America Veterinary Diagnostics Market has seen an evident shift in the recent few years with the new and technologically advanced products emerging, which have an optimistic impact on the all-round growth of the market.
Diagnostics provide tools for rapid and effective testing to undertake preventative or remedial measures for the animal population health. For example, Food animal diagnostics assist in livestock and production animal preventive care and complement other measures such as selective breeding and vaccination. Similarly, lateral flow and other rapid tests are used with veterinary medicine for testing commercial livestock as well as household pets to check for the presence of various medical conditions caused by viruses, bacteria, allergies, and issues related to fertility.
The DROC Analysis contains some of the factors that have major effects on the market dynamics be it positive or negative. Few factors analysed in the section are rise in the number of food borne diseases in animals, increased use of diagnostic instruments used in veterinary practises, high income households with pets regularly visiting veterinary labs.
The products are segmented based on product and animals and studied for a deep-level understanding of the Veterinary Diagnostics market. Each sub segment is accompanied with Market Size Estimations and Y-o-Y Forecasts as well.
Based on Product:
Clinical Chemistry
o Urine Analysis
o Glucose Monitoring
o Blood Gas Electrolyte Analysis
Molecular Diagnostics
o Micro Arrays
o PCR Tests
o Other Molecular Diagnostics Tests
Haemotology
o Haemotology Analysers
o Haemotology Catridges
Diagnostic Imaging
o Radiography Systems
o Ultrasound Imaging Systems
o CT Scanners
o MRI Scanners
Immunodiagnostics
o Immunoassay Analysers
o ELISA Tests
o Lateral-Flow Strip Readers
o Lateral-Flow Rapid Tests
o Allergen specific Immunodiagnostic Tests
Based on Animals:
Companion Animals
o Canine Diagnostics
o Feline Diagnostics
o Other Veterinary Diagnostics
Food Producing Animals
o Bovine Diagnostics
o Bovine Diagnostics
o Ovine Diagnostics
o Poultry Diagnostics
o Piscine Diagnostics
North American Market is studied in geographic perspective by segregating the market shares between USA and Canada. The study identifies USA as the predominant market in the North American region and it holds well in the Global Market too.
As per the report, companies like VCA Inc., Heska Corporation, Abaxis, Inc., VIRBAC, IDEXX Laboratories, Inc., Life Technologies Corporation, Bio-Rad Laboratories Inc., Prionics AG, and Pfizer, Inc are contributing a fair share to the North American Veterinary Diagnostics Market. According to recent reports VCA Inc entered into an agreement with MMI Holdings Inc for merging, trying to have a greater impact on the market share.
Scope of the North America Veterinary Diagnostics Market:
Regional and country-level analysis that provides an innate perspective of USA and Canada Market to that of the North American region
To detect major focus areas of industrial growth Segment-level analysis on basis of type, application, end-user along with market size forecasts and y-o-y estimations are provided
Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics
PESTLE and Porters Five Forces Analyses that examine the macro & micro environmental factors such as political influence, technological prowess, industry rivalry to name a few.
An extensive listing of major market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment
mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies all rolled out into Competitive landscape
Expertly devised Market Outlook comprising the Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Checkout other related studies in the Animal Health Segment:
The publisher of this report is Market Data Forecast whose forte lies in Market research and Business Intelligence. Handling both individual and corporate clients across multiple business domains they offer syndicated/customized research to suit the clients research objective. Their research reports section offers a wide variety of market studies ranging from all-encompassing comprehensive market studies to product specific niche markets covering North America among other regions of the global market as well. For more info kindly visit, www.marketdataforecast.com
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