Canada Bovine Tuberculosis Diagnosis Market Size & Outlook
Canada bovine tuberculosis diagnosis market, 2018-2030 (US$M)
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Canada bovine tuberculosis diagnosis market highlights
- The Canada bovine tuberculosis diagnosis market generated a revenue of USD 21.6 million in 2022 and is expected to reach USD 27.3 million by 2030.
- The Canada market is expected to grow at a CAGR of 3% from 2023 to 2030.
- In terms of segment, traditional tests was the largest revenue generating test type in 2022.
- Molecular Diagnostic Tests is the most lucrative test type segment registering the fastest growth during the forecast period.
Bovine tuberculosis diagnosis market data book summary
| Market revenue in 2022 | USD 21.6 million |
| Market revenue in 2030 | USD 27.3 million |
| Growth rate | 3% (CAGR from 2022 to 2030) |
| Largest segment | Traditional tests |
| Fastest growing segment | Molecular Diagnostic Tests |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Serological Tests, Molecular Diagnostic Tests, Traditional Tests |
| Key market players worldwide | IDEXX Laboratories Inc, Zoetis Inc Class A, Thermo Fisher Scientific Inc, Asure Software Inc, Bio-Rad Laboratories Inc, BioNote, Enfer Medical, IDvet, PBD Biotech |
Other key industry trends
- In terms of revenue, Canada accounted for 3.0% of the global bovine tuberculosis diagnosis market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. bovine tuberculosis diagnosis market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 226.1 million by 2030.
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Bovine Tuberculosis Diagnosis Market Scope
Bovine Tuberculosis Diagnosis Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada bovine tuberculosis diagnosis market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bovine tuberculosis diagnosis market will help companies and investors design strategic landscapes.
Traditional tests was the largest segment with a revenue share of 59.72% in 2022. Horizon Databook has segmented the Canada bovine tuberculosis diagnosis market based on serological tests, molecular diagnostic tests, traditional tests covering the revenue growth of each sub-segment from 2018 to 2030.
High adoption rate of bTB testing is anticipated to increase the market growth. According to the California Department of Food and Agriculture (CFDA), first California accredited veterinarians, CFDA or the USDA veterinarians performed a TB screening test, the caudal fold test (CFT) in 2016.
Cattle responding to this test need secondary tests performed by CDFA or USDA personnel. CFT is the primary screening test used to identify cattle infected with bTB in which the veterinarian evaluates the response to the CFT injection by inspecting and palpating the injection site 72 hours later.
Any abnormality at the injection site classifies the animal as a responder. Veterinary doctors need to report responders immediately to the CDFA Animal Health Branch and submit all test records within 48 hours of reading the test.
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Our clientele includes a mix of bovine tuberculosis diagnosis market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada bovine tuberculosis diagnosis market , including forecasts for subscribers. This country databook contains high-level insights into Canada bovine tuberculosis diagnosis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada bovine tuberculosis diagnosis market size, by test type, 2018-2030 (US$M)
Canada Bovine Tuberculosis Diagnosis Market Outlook Share, 2022 & 2030 (US$M)
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