According toAcute Market Reports, the Farm Animal Diagnostics market accounted for $2,570 million in 2015 and is expected to reach $4,215 million by 2022 growing at a CAGR of 7.3% from 2015 to 2022. The up surging zoonotic and food borne diseases, rise in the number of farms driven by the growing demand for protein rich food, increasing awareness in developing nations towards animal health, advancement in the diagnostic technologies are some of the major factors driving the market growth. However, the high cost of the diagnostic equipment leading to financial hesitation is inhibiting the market growth.
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North America commands the largest share of around 40% of the farm animal market strongly driven by the cattle segment. Latin American and Asia Pacific regions are expected to grow at the highest CAGR during the forecast period. The favourable growth is attributed to increasing importance given to animal health by the livestock breeders across the emerging nations.
Some of the key players in the market include Thermo Fisher Scientific Inc, IDEXX Laboratories, Inc., IDVET, HESKA Corporation, ABAXIS, Inc., Mindray Medical International Ltd., Elanco, Neogen Corporation, Boehringer Ingelheim, Virbac SA, VCA Antech, Inc., Zoetis, Inc. and Merck.
North America commands the largest share of around 40% of the farm animal market strongly driven by the cattle segment. Latin American and Asia Pacific regions are expected to grow at the highest CAGR during the forecast period. The favourable growth is attributed to increasing importance given to animal health by the livestock breeders across the emerging nations.
Some of the key players in the market include Thermo Fisher Scientific Inc, IDEXX Laboratories, Inc., IDVET, HESKA Corporation, ABAXIS, Inc., Mindray Medical International Ltd., Elanco, Neogen Corporation, Boehringer Ingelheim, Virbac SA, VCA Antech, Inc., Zoetis, Inc. and Merck.
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Animal Type Covered:
• Sheep
• Poultry
• Swine
• Fish
• Cattle
Products Covered:
• Microbiology
• Hematology Analyzers
• Diagnostic Imaging
o Nuclear Imaging
o MRI Scanning
o Ultrasound Imaging
o Other Diagnostic Imaging
• Immunodiagnostic Tests
o Elisa Tests
o Other Immunodiagnostic Tests
• Molecular Diagnostic Tests
o Microarrays
o Polymerase Chain Reaction (PCR)
o Other Molecular Diagnostic Tests
• Clinical Chemistry
o Urine Analyzers
o Other Clinical Chemistry Tests
• Other Farm Animal Diagnostics
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Animal Type Covered:
• Sheep
• Poultry
• Swine
• Fish
• Cattle
Products Covered:
• Microbiology
• Hematology Analyzers
• Diagnostic Imaging
o Nuclear Imaging
o MRI Scanning
o Ultrasound Imaging
o Other Diagnostic Imaging
• Immunodiagnostic Tests
o Elisa Tests
o Other Immunodiagnostic Tests
• Molecular Diagnostic Tests
o Microarrays
o Polymerase Chain Reaction (PCR)
o Other Molecular Diagnostic Tests
• Clinical Chemistry
o Urine Analyzers
o Other Clinical Chemistry Tests
• Other Farm Animal Diagnostics
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Emerging Markets
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Emerging Markets
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