Veterinary Infectious Disease Diagnostics Market Outlook

According to a new report by Expert Market Research titled, “Global Veterinary Infectious Disease Diagnostics Market Size, Share, Analysis, Report and Forecast 2024-2032″, the veterinary infectious disease diagnostics market reached a value of USD 1.78 billion in 2023. Aided by the development of advanced tools for diagnosing veterinary infectious diseases and growing awareness regarding this disease and its treatment, the market is projected to further grow at a CAGR of 9% between 2024 and 2032 to reach a value of USD 2.84 billion by 2032.

Veterinary infectious disease diagnostics are indispensable tools in identifying various ailments and conditions affecting animals. These diagnostics offer insights into bacterial, viral, parasitic, and fungal infections, ensuring timely intervention and treatment. They are paramount in both livestock management and pet care, ensuring the health and wellbeing of animals and, by extension, securing the quality of products derived from them, such as milk and meat.

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Rising adoption of rapid and point-of-care diagnostic tools is becoming one of the growing veterinary infectious disease diagnostics market trends. The need for immediate results, especially in acute cases, drives veterinary practitioners to embrace technologies that offer swift and accurate insights. The rise of portable diagnostic kits, which can be deployed directly at farms or pet care centres, signifies this trend’s growth.

One of the major factors aiding the veterinary infectious disease diagnostics market growth is the burgeoning demand for quality livestock products. With the global population becoming increasingly concerned about the food they consume, there is a growing emphasis on the health and wellbeing of livestock. Diagnostics play a crucial role in ensuring that livestock is free from infections, which can otherwise affect the quality and safety of derived products.

The veterinary infectious disease diagnostics market analysis highlights the vast potential and versatility of these tools. From traditional methods such as serological tests to modern molecular diagnostics, the market has witnessed continuous evolution. Next-generation sequencing and PCR technologies are gaining popularity as they offer enhanced accuracy in detection, even in cases where the infectious agent’s concentration is minimal.

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Pet owners, now more than ever, are committed to ensuring the optimal health of their pets which is yet another major factor bolstering the veterinary infectious disease diagnostics market demand. Regular check-ups, vaccinations, and prompt diagnostic procedures in case of illnesses have become essential, further fuelling the market’s size.

Veterinary Infectious Disease Diagnostics Market Segmentation

The market can be divided based on technology, animal type, infection type, end use, and region.

Market Breakup by Technology

• Immunodiagnostics
  • Lateral Flow Assays
  • Elisa Tests
  • Other
• Molecular Diagnostics
  • Polymerase Chain Reaction (PCR) Tests
  • Microarrays
  • Other
• Other Technologies

Market Breakup by Animal Type

• Companion Animals
  • Dogs
  • Cats
  • Horses
• Food-Producing Animals
  • Cattle
  • Swine
  • Poultry
  • Other Food-Producing Animals

Market Breakup by Infection Type

• Bacterial Infections
• Viral Infections
• Parasitic Infections
• Other Infections

Market Breakup by End Use

• Reference Laboratories
• Veterinary Hospitals and Clinics
• Point-Of-Care/In-House Testing
• Research Institutes and Universities

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global veterinary infectious disease diagnostics market. Some of the major players explored in the report by Expert Market Research are as follows:

• bioMérieux SA
• Chembio Diagnostics, Inc.
• IDEXX Laboratories, Inc.
• INDICAL BIOSCIENCE GmbH
• NEOGEN Corporation
• Thermo Fisher Scientific Inc.
• Others

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