Market revenue in 2023 | USD 34.9 million |
Market revenue in 2030 | USD 76.5 million |
Growth rate | 11.9% (CAGR from 2023 to 2030) |
Largest segment | Consumables, reagents & kits |
Fastest growing segment | Consumables, Reagents & Kits |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Consumables, Reagents & Kits, Equipment & Instruments |
Key market players worldwide | IDEXX Laboratories Inc, Zoetis Inc Class A, Antech Diagnostics, Hera SpA, Embark, Esaote, Thermo Fisher Scientific Inc, Virbac SA, FUJIFILM Holdings Corp |
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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 veterinary diagnostics market will help companies and investors design strategic landscapes.
Consumables, reagents & kits was the largest segment with a revenue share of 52.72% in 2023. Horizon Databook has segmented the Argentina veterinary diagnostics market based on consumables, reagents & kits, equipment & instruments covering the revenue growth of each sub-segment from 2018 to 2030.
The veterinary diagnostics market in Argentina is expected to exhibit steady grow during the forecast period. According to Brazil Ministry of Industry, Commercial Trade and Services, in 2019, Argentina surpassed Brazil in exporting meat to China.
Factors such as low domestic demand and low currency exchange help boost market growth. Moreover, the presence of untapped opportunities is expected to propel the growth of the veterinary diagnostics market during the forecast period.
For instance, in January 2020, Neogen Corporation acquired Productos Quimicos Magiar a distributor of the company’s food safety diagnostic products in Argentina & Uruguay to penetrate the market.
Horizon Databook provides a detailed overview of country-level data and insights on the Argentina veterinary diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into Argentina veterinary diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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