Global Veterinary Molecular Diagnostics Market Size & Outlook
Global veterinary molecular diagnostics market, 2018-2030 (US$Ms)
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Global veterinary molecular diagnostics market highlights
- The global veterinary molecular diagnostics market generated a revenue of USD 1,120.4 millions in 2023 and is expected to reach USD 2,230.4 millions by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 10.3% by 2030.
- In terms of segment, test kits & reagents accounted for a revenue of USD 536.9 millions in 2023.
- Instruments is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 1,120.4 millions |
| Market revenue in 2030 | USD 2,230.4 millions |
| Growth rate | 10.3% (CAGR from 2023 to 2030) |
| Largest segment | Test kits & reagents |
| Fastest growing segment | Instruments |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD millions |
| Market segmentation | Instruments, Test Kits & Reagents, Software & Services |
Other key industry trends
- In terms of revenue, the North America accounted for 38.6% of the global veterinary molecular diagnostics market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 8.4 millions by 2030.
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Veterinary Molecular Diagnostics Market Scope
Veterinary Molecular Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Eurofins | View profile | 10001+ | Des Moines, Iowa, United States, North America | https://www.eurofinsus.com/ |
| Neogen Corporation | View profile | - | - | - |
| Thermo Fisher Scientific Inc. | View profile | - | - | - |
| Bio-Rad Laboratories, Inc. | View profile | - | - | - |
| BioNote | View profile | 1-10 | Big Lake, Minnesota, United States, North America | https://www.bionote.com/ |
| Zoetis | View profile | 10001+ | Parsippany, New Jersey, United States, North America | https://www.zoetis.com |
| Antech Diagnostics | View profile | 1001-5000 | Irvine, California, United States, North America | https://www.antechdiagnostics.com |
| IDEXX Laboratories Inc | View profile | 11000 | One IDEXX Drive, Westbrook, ME, United States, 04092 | https://www.idexx.com |
| Qiagen NV | View profile | 5900 | Hulsterweg 82, Venlo, LI, Netherlands, 5912 PL | https://www.qiagen.com |
Global veterinary molecular diagnostics 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 veterinary molecular diagnostics market will help companies and investors design strategic landscapes.
Test kits & reagents was the largest segment with a revenue share of 47.92% in 2023. Horizon Databook has segmented the Global veterinary molecular diagnostics market based on instruments, test kits & reagents, software & services covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Veterinary Molecular Diagnostics Product Outlook (Revenue, USD Millions, 2018-2030)
- Instruments
- Test Kits & Reagents
- Software & Services
- Global Veterinary Molecular Diagnostics Animal Type Outlook (Revenue, USD Millions, 2018-2030)
- Production Animals
- Poultry
- Cattle
- Swine
- Other Production Animals
- Companion Animal
- Horses
- Dogs
- Other Companion Animal
- Cats
- Production Animals
- Global Veterinary Molecular Diagnostics Technology Outlook (Revenue, USD Millions, 2018-2030)
- Microarrays
- INAAT kits
- PCR
- DNA sequencing
- Global Veterinary Molecular Diagnostics Application Outlook (Revenue, USD Millions, 2018-2030)
- Genetics
- Infectious Diseases
- Metabolic disease
- Other Application
- Global Veterinary Molecular Diagnostics End Use Outlook (Revenue, USD Millions, 2018-2030)
- Veterinary Hospitals & Clinics
- Other End Use
- Diagnostic Laboratories
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global veterinary molecular diagnostics market databook
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Our clientele includes a mix of veterinary molecular diagnostics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global veterinary molecular diagnostics market , including forecasts for subscribers. This global databook contains high-level insights into Global veterinary molecular diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global veterinary molecular diagnostics market size, by regions, 2018-2030 (US$Ms)
Top 10 countries: Veterinary molecular diagnostics market size, 2023 (US$Ms)
Global veterinary molecular diagnostics market share, by product, 2023 & 2030 (%, US$Ms)
Veterinary molecular diagnostics market: Opportunity assessment by country
Global veterinary molecular diagnostics market, by region, 2023 (US$Ms)
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