Veterinary Diagnostic Equipment Market by Testings Type (Bacteriology, Clinical Chemistry Test, Diagnostic Imaging), Product Type (Consumables, Reagents & Kits, Instruments & Devices), Species, End-User - Global Forecast 2023-2030
The Veterinary Diagnostic Equipment Market size was estimated at USD 2.60 billion in 2022 and expected to reach USD 2.76 billion in 2023, at a CAGR 7.22% to reach USD 4.55 billion by 2030.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Veterinary Diagnostic Equipment Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Veterinary Diagnostic Equipment Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Veterinary Diagnostic Equipment Market, highlighting leading vendors and their innovative profiles. These include Agfa-Gevaert N.V., Agrolabo S.p.A., BioChek B.V., Biomerieux SA, Carestream Health, Covetrus, Inc., Diagnostic Imaging Systems, Inc., Heska Corporation, IDEXX Laboratories, Inc., IDvet, IM3 Inc., IMV Technologies group, INDICAL Bioscience GmbH, Merck & Co., Inc., Mindray Medical International Ltd., MinXray, Inc., Neogen Corporation, Randox Laboratories, Ltd., Thermo Fisher Scientific, Inc., Virbac, Inc., and Zoetis, Inc..
Market Segmentation & Coverage
This research report categorizes the Veterinary Diagnostic Equipment Market to forecast the revenues and analyze trends in each of the following sub-markets:
Testings Type
Bacteriology
Clinical Chemistry Test
Diagnostic Imaging
Hematology
Immunoassays
Molecular Testing
Parasitology
Pathology
Serology
Virology
Product Type
Consumables, Reagents & Kits
Instruments & Devices
Species
Avian
Bovine
Camelid
Canine & Feline
Caprine
Equine
Ovine
Porcine
End-User
Hospitals & Clinics
Point-of-Care/In-House Testing
Reference Laboratories
Research Centers & Universities
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:
Market Penetration: It presents comprehensive information on the market provided by key players.
Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
What is the market size and forecast of the Veterinary Diagnostic Equipment Market?
Which products, segments, applications, and areas should one consider investing in over the forecast period in the Veterinary Diagnostic Equipment Market?
What are the technology trends and regulatory frameworks in the Veterinary Diagnostic Equipment Market?
What is the market share of the leading vendors in the Veterinary Diagnostic Equipment Market?
Which modes and strategic moves are suitable for entering the Veterinary Diagnostic Equipment Market?
Please Note: PDF & Excel + Online Access - 1 Year
1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Veterinary Diagnostic Equipment Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rising Prevalence Rate of Diseases Among Animals
5.1.1.2. Growth in the Number of Veterinarians and Application of In-Vitro Diagnostic (IVD) Instrumentation
5.1.2. Restraints
5.1.2.1. High Price Associated with an Animal Healthcare
5.1.3. Opportunities
5.1.3.1. Increasing Animal Health Expenses and Pet Ownership
5.1.3.2. Technological Advancements to Enhance Patient-Centered Specimen Collection of Diagnosis of Disease in Animals
5.1.4. Challenges
5.1.4.1. Deficit of Veterinarians in Emerging Markets
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
6. Veterinary Diagnostic Equipment Market, by Testings Type
6.1. Introduction
6.2. Bacteriology
6.3. Clinical Chemistry Test
6.4. Diagnostic Imaging
6.5. Hematology
6.6. Immunoassays
6.7. Molecular Testing
6.8. Parasitology
6.9. Pathology
6.10. Serology
6.11. Virology
7. Veterinary Diagnostic Equipment Market, by Product Type
7.1. Introduction
7.2. Consumables, Reagents & Kits
7.3. Instruments & Devices
8. Veterinary Diagnostic Equipment Market, by Species
8.1. Introduction
8.2. Avian
8.3. Bovine
8.4. Camelid
8.5. Canine & Feline
8.6. Caprine
8.7. Equine
8.8. Ovine
8.9. Porcine
9. Veterinary Diagnostic Equipment Market, by End-User