Asia Pacific Veterinary Molecular Diagnostics Market Size & Outlook
Asia Pacific veterinary molecular diagnostics market, 2018-2030 (US$Ms)
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Asia Pacific veterinary molecular diagnostics market highlights
- The Asia Pacific veterinary molecular diagnostics market generated a revenue of USD 219.4 millions in 2023.
- The market is expected to grow at a CAGR of 11.4% from 2024 to 2030.
- In terms of segment, test kits & reagents was the largest revenue generating product in 2023.
- Instruments is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, South Korea is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 219.4 millions |
| Market revenue in 2030 | USD 468.6 millions |
| Growth rate | 11.4% (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, Asia Pacific region accounted for 19.6% of the global veterinary molecular diagnostics market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 468.6 millions by 2030.
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Veterinary Molecular Diagnostics Market Scope
Veterinary Molecular Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific 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 47.72% in 2023. Horizon Databook has segmented the Asia Pacific veterinary molecular diagnostics market based on instruments, test kits & reagents, software & services covering the revenue growth of each sub-segment from 2018 to 2030.
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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 Asia Pacific 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 continent-level data and insights on the Asia Pacific veterinary molecular diagnostics market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific veterinary molecular diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific veterinary molecular diagnostics market size, by country, 2018-2030 (US$Ms)
Asia Pacific Veterinary Molecular Diagnostics Market Outlook Share, 2023 & 2030 (US$Ms)
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