Companion Animal Diagnostics Market PPT


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Uploaded on Jul 22, 2021

Similar to humans, animals too suffer from chronic diseases. Arthritis and other orthopedic conditions, chronic kidney disease, cancer, hepatitis and other liver diseases, skin allergies, diabetes mellitus, inflammatory bowel disease, and thyroid disorders are among the common chronic diseases in pets. Cancer is widespread in animals and affects pet as well as wild animals.

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Companion Animal Diagnostics Market PPT

Companion Animal Diagnostics Market   Companion Animal Diagnostics Market Forecast to 2027 - Covid-19 Impact and Global Analysis by Technology (Immunodiagnostics, Clinical Biochemistry, Hematology, Urinalysis, Molecular Diagnostics, and Others); Application (Bacteriology, Clinical Pathology, Virology, Parasitology, and Others); Animal Type (Dogs, Cats, Horses, and Others); End User (Diagnostic Laboratories, Veterinary Hospitals and Clinics, Research Institutes and Universities);and Geography Companion Animal Diagnostics Market    Current and future Market Scenario  According to The Insight Partners market research study titled “Companion Animal Diagnostics Market”  to 2027 - Global Analysis and Forecasts by Type, by Application, the companion animal diagnostics market was valued at US$ 2,031.62 million in2019 and is projected to reach US$ 2,684.86 million by 2027.  The report highlights the trends prevalent in the Companion Animal Diagnostics Market and the factors driving the market along with those that act as deterrents to its growth. The Companion Animal Diagnostics Market on the basis of Technology is segmented into Immunodiagnostics, Clinical Biochemistry, Hematology, Urinalysis, Molecular Diagnostics, and Others. In 2019, the Companion Animal Diagnostics Market segment accounted for the largest market share in the global Companion Animal Diagnostics Market by type.  Companion Animal Diagnostics Market is expected to grow at a CAGR of 4.1%from 2020to 2027.The companion animal diagnostics market offerings deal with the epidemiology and pathogenesis of domestic animals and facilitate the prevention of further complications with the health of pets and their owners. Key Findings  The companion animal diagnostics market is expected to witness huge growth due to growing prevalence of chronic diseases in pet animals and increasing adoption of pets for companionship.  However, increasing pet care costs and extended pet lifespan are expected to restrain the growth of the market during the forecast period. Market Insights Growing Prevalence of Chronic Diseases in Pet Animals Similar to humans, animals too suffer from chronic diseases. Arthritis and other orthopedic conditions, chronic kidney disease, cancer, hepatitis and other liver diseases, skin allergies, diabetes mellitus, inflammatory bowel disease, and thyroid disorders are among the common chronic diseases in pets. As per the veterinary cancer society, cancer is a leading cause of death in 47% of dogs, especially in dogs of age >10 years, and 32% of cats. Companion Animal Diagnostics Market     Market Segments By Technology (Immunodiagnostics, By Application End User (Diagnostic Clinical Biochemistry, (Bacteriology, Clinical Laboratories, Veterinary Hematology, Urinalysis, Pathology, Virology, Hospitals and Clinics, Molecular Diagnostics, and Parasitology, and Others) Research Institutes and Others Universities) ) Companion Animal Diagnostics Market Dominating Segments    Cancer is widespread in animals and affects pet as well as wild animals. Animals have been diagnosed with various types of cancer till date, which have symptoms similar to humans, including weight loss, abnormal   swelling, and lethargy.  FETCH a Cure, a nonprofit organization, has estimated that over 6 million dogs and ~6 million cats would be diagnosed with cancer in 2020. Furthermore, as per the Pet Cancer Facts and Figures, one in four dogs and one in five cats develop cancer in their lifetime  According to the association for pet obesity prevention (APOP), in 2018, ~55.8% of dogs and 59.5% of cats in the US were overweight or obese.. Dominating Segments Product Insights Type Insights  Based on technology, the companion animal diagnostics market is further segmented into immunodiagnostics, clinical biochemistry, hematology, urinalysis, molecular diagnostics, and others. The immunodiagnostics segment is further sub-segmented into lateral flow assays, Elisa tests, allergen-specific immunodiagnostic tests, and immunoassay analyzers. Whereas the clinical biochemistry segment is sub-segmented into clinical chemistry analysis, glucose monitoring, and blood gas electrolyte analysis.  The immunodiagnostics segment held a largest share of the market in 2019 owing to the increasing adoption of immunodiagnostic assays such as lateral flow assays, ELISA tests, allergen-specific immunodiagnostic tests, and immunoassay analyzers in the diagnosis of a wide range of disease in pets.  Download PDF Brochure https://www.theinsightpartners.com/sample/TIPRE00004558/?source=Others-10381 Dominating Segments The report segments the global Companion Animal Diagnostics Market as follows: Global Companion Animal Diagnostics Market- By Technology Immunodiagnostics Clinical Biochemistry Hematology Urinalysis Molecular Diagnosticsand Others Global Companion Animal Diagnostics Market- By Application Bacteriology Clinical Pathology Virology Parasitology and Others Dominating Segments Global Companion Animal Diagnostics Market- By End User Diagnostic Laboratories Veterinary Hospitals Clinics Research Institutes Universities Global Coronary Stents Market - Animal Type Dogs Cats Horses and Others Hemophilia Treatment Market   Leading Players Company Profiles in Companion Animal Diagnostics Market  are: Zoetis Inc. Thermo Fisher Scientific Inc. Virbac Shenzhen Mindray Bio-Medical Electronics Co., Ltd. Randox Laboratories, Ltd. Idvet IDEXX Laboratories, Inc. Heska Corporation Fujifilm Corporation Skyla Corporation REGIONAL FRAMEWORK REGIONAL FRAMEWORK Companion Animal Diagnostics Market     Companion Animal DiagnosisMarket     Access Full Research Report at: https://www.theinsightpartners.com/sample/TIPRE00004558/?source=Others-10381   Thank You! Thank You!