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Companion Animal Diagnostics Market 2015 Overview, Trends & Analysis, Forecasts 2022

Thursday, December 1, 2016 0:27
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(Before It's News)

According to Publisher, the companion animal diagnostics market is accounted for $1,018 million in 2015 and is expected to reach $1,842 million by 2022 growing at a CAGR of 8.84%. Global companion animal diagnostics market is mainly driven by factors such as increasing expenditure on animal healthcare, rising demand for pet insurance, rising pet adoption in emerging nations, growing income levels in developed regions and rising awareness about zoonotic diseases. However factors such as scarcity of arable land & water and cost effective production are the factors hampering the market growth. 

In 2015, immunodiagnostic tests segment held the largest share in global market, the growth is attributed to the advantages such as accuracy, rapid diagnosis easy handling and high sensitivity. However Clinical Chemistry segment is expected to grow at the highest CAGR during the forecast period. Among animal type, dogs segment accounted for approximately 70% of the overall market share, whereas cats segment is expected to witness high growth rate. 

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Some of the key players in the global market include ABAXIS, Inc., Abbott Laboratories, Boehringer Ingelheim, Danaher Corporation, Elanco, GE Healthcare, IDEXX Laboratories, Inc., IDVET, Merck, Neogen Corporation, Roche Diagnostics, Siemens, Thermo Fisher Scientific Inc, Virbac SA and Zoetis, Inc. 

Products Covered: 
-Clinical Chemistry 
-Urine Analyzers 
-Other Clinical Chemistry Tests 
-Immunodiagnostic Tests 
-Elisa Tests 
-Other Immunodiagnostic Tests 
-Molecular Diagnostic Tests 
-Polymerase Chain Reaction (PCR) 
-Other Molecular Diagnostic Tests 
-Hematology Analyzers 
-Diagnostic Imaging 
-Mri Scanning 
-Nuclear Imaging 
-Ultrasound Imaging 
-Other Diagnostic Imaging Technologies 
-Other Products

Animal Types Covered:

Regions Covered:
-North America
-Rest of Europe 
-Asia Pacific
-New Zealand 
-Rest of Asia Pacific 
- Rest of the World
-Middle East
-South Africa

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9 Company Profiling 
9.1 ABAXIS, Inc. 
9.2 Abbott Laboratories 
9.3 Boehringer Ingelheim 
9.4 Danaher Corporation 
9.5 Elanco 
9.6 GE Healthcare 
9.7 IDEXX Laboratories, Inc. 
9.8 IDVET 
9.9 Merck 
9.10 Neogen Corporation 
9.11 Roche Diagnostics 
9.12 Siemens 
9.13 Thermo Fisher Scientific Inc 
9.14 Virbac SA 
9.15 Zoetis, Inc. 

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