Livestock Diagnosis Market Report: Trends, Forecast and Competitive Analysis to 2030

Livestock Diagnosis Market Report: Trends, Forecast and Competitive Analysis to 2030

Livestock Diagnosis Trends and Forecast

The future of the global livestock diagnosis market looks promising with opportunities in the reference laboratory, diagnostic hospital & clinic, and point-of-care testing markets. The global livestock diagnosis market is expected to reach an estimated $9.8 billion by 2030 with a CAGR of 8.1% from 2024 to 2030. The major drivers for this market are the growing cases of various foodborne and zoonotic diseases, increasing adoption of livestock-derived food products, and on-going technological advancements in livestock diagnostics.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Livestock Diagnosis by Segment

The study includes a forecast for the global livestock diagnosis by product, technology, animal type, end use, and region.

Livestock Diagnosis Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Consumables
• Systems
• Software
• Others

Livestock Diagnosis Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• Immunodiagnostics
• Molecular Diagnostics
• Others

Livestock Diagnosis Market by Animal Type [Shipment Analysis by Value from 2018 to 2030]:

• Ruminants
• Swine
• Poultry
• Others

Livestock Diagnosis Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Reference Laboratories
• Diagnostic Hospitals & Clinics
• Point-Of-Care Testing
• Others

Livestock Diagnosis Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Livestock Diagnosis Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies livestock diagnosis companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the livestock diagnosis companies profiled in this report include-

• IDEXX Laboratories
• Thermo Fisher Scientific
• bioMérieux
• Zoetis
• Bio-Rad Laboratories
• INDICAL BIOSCIENCE
• Agrolabo S.p.A
• Neogen Corporation
• IDvet
• GD Animal Health

Livestock Diagnosis Market Insights

Lucintel forecasts that consumables is expected to witness highest growth over the forecast period due to increasing animal health screening initiatives, rising awarness towards regular animal health check-up, and introduction of various POC tests and assays.

Reference laboratories will remain the largest segment due to its increasing adoption in diagnosis of rare or unusual diseases, as well as to confirm the diagnosis of diseases that are difficult to diagnose using other method.

APAC is expected to witness highest growth over the forecast period due to increasing population of livestock animals, growing cases of zoonotic disease, and rising focus towards adoption of new technologies in the region.

Features of the Global Livestock Diagnosis Market

Market Size Estimates: Livestock diagnosis market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Livestock diagnosis market by various segments, such as by product, technology, animal type, end use and region in terms of($B).

Regional Analysis: Livestock diagnosis market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different products, technologies, animal types, end uses, and regions for the livestock diagnosis market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the livestock diagnosis market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q.1 What is the livestock diagnosis market size?

Answer: The global livestock diagnosis market is expected to reach an estimated $9.8 billion by 2030.

Q.2 What is the growth forecast for livestock diagnosis market?

Answer: The global livestock diagnosis market is expected to grow with a CAGR of 8.1% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the livestock diagnosis market?

Answer: The major drivers for this market are the growing cases of various foodborne and zoonotic diseases, increasing adoption of livestock-derived food products, and on-going technological advancements in livestock diagnostics.

Q4. What are the major segments for livestock diagnosis market?

Answer: The future of the livestock diagnosis market looks promising with opportunities in the reference laboratory, diagnostic hospital & clinic, and point-of-care testing markets.

Q5. Who are the key livestock diagnosis market companies?

Answer: Some of the key livestock diagnosis companies are as follows:

• IDEXX Laboratories
• Thermo Fisher Scientific
• bioMérieux
• Zoetis
• Bio-Rad Laboratories
• INDICAL BIOSCIENCE
• Agrolabo S.p.A
• Neogen Corporation
• IDvet
• GD Animal Health

Q6. Which livestock diagnosis market segment will be the largest in future?

Answer: Lucintel forecasts that consumables is expected to witness highest growth over the forecast period due to increasing animal health screening initiatives, rising awarness towards regular animal health check-up, and introduction of various POC tests and assays.

Q7. In livestock diagnosis market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to increasing population of livestock animals, growing cases of zoonotic disease, and rising focus towards adoption of new technologies in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the livestock diagnosis market by product (consumables, systems, software, and others), technology (immunodiagnostics, molecular diagnostics, and others), animal type (ruminants, swine, poultry, and others), end use (reference laboratories, diagnostic hospitals & clinics, point-of-care testing, and otherts), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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