Market revenue in 2022 | USD 183.8 million |
Market revenue in 2030 | USD 253.5 million |
Growth rate | 4.1% (CAGR from 2022 to 2030) |
Largest segment | Traditional tests |
Fastest growing segment | Molecular Diagnostic Tests |
Historical data covered | 2018 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 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 |
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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 60.23% in 2022. Horizon Databook has segmented the North America 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.
North America held a notable share of the Bovine Tuberculosis (bTB) market in 2021. The presence of major animal health companies such as IDEXX, Zoetis, and IDvet is one of the factors contributing to the market growth. According to data published by Purdue University, in North America, bTB is the most commonly found in domestic cattle and captive and wild cervids.
Furthermore, the advancement in veterinary healthcare infrastructure in Canada and the U.S. enabling real-time diagnosis, and increased number of veterinarians and veterinary clinics is driving the market growth. For example, according to AVMA, there were around 118,624 veterinarians present in the U.S. in the year 2020.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America bovine tuberculosis diagnosis market , including forecasts for subscribers. This continent databook contains high-level insights into North America bovine tuberculosis diagnosis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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