Brazil Veterinary Point Of Care Diagnostics Market Size & Outlook
Brazil veterinary point of care diagnostics market, 2018-2030 (US$M)
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Brazil veterinary point of care diagnostics market highlights
- The Brazil veterinary point of care diagnostics market generated a revenue of USD 19.1 million in 2022 and is expected to reach USD 47.3 million by 2030.
- The Brazil market is expected to grow at a CAGR of 12% from 2023 to 2030.
- In terms of segment, companion animals was the largest revenue generating animal type in 2022.
- Livestock Animals is the most lucrative animal type segment registering the fastest growth during the forecast period.
Veterinary point of care diagnostics market data book summary
| Market revenue in 2022 | USD 19.1 million |
| Market revenue in 2030 | USD 47.3 million |
| Growth rate | 12% (CAGR from 2022 to 2030) |
| Largest segment | Companion animals |
| Fastest growing segment | Livestock Animals |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Companion Animals, Livestock Animals |
| Key market players worldwide | Zoetis Inc Class A, IDEXX Laboratories Inc, Virbac SA, Veterinary Pharmaceutical Solutions, Thermo Fisher Scientific Inc, SoundCloud, Mindray Medical International, Esaote, FUJIFILM Holdings Corp, Woodley Equipment Company |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.1% of the global veterinary point of care diagnostics market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Mexico veterinary point of care diagnostics market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 22.8 million by 2030.
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Veterinary Point Of Care Diagnostics Market Scope
Veterinary Point Of Care Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil veterinary point of care 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 point of care diagnostics market will help companies and investors design strategic landscapes.
Companion animals was the largest segment with a revenue share of 57.07% in 2022. Horizon Databook has segmented the Brazil veterinary point of care diagnostics market based on companion animals, livestock animals covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing frequency of zoonotic illnesses among companion & livestock animals, growing demand for rapid diagnosis of these diseases, and advantages of POC tests over laboratory analysis, are likely to drive Brazil’s market over the forecast period.
Furthermore, increasing pet population can further drive the market, as people are more aware of their pet conditions during these years. According to a Euromonitor survey, Brazilians own approximately 36 million puppies and small dogs, the most of any country in the world. The high cost of veterinary imaging tools, on the other hand, is hampering the market growth.
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Target buyers of Brazil veterinary point of care diagnostics market databook
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Our clientele includes a mix of veterinary point of care 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 country-level data and insights on the Brazil veterinary point of care diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into Brazil veterinary point of care diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil veterinary point of care diagnostics market size, by animal type, 2018-2030 (US$M)
Brazil Veterinary Point Of Care Diagnostics Market Outlook Share, 2022 & 2030 (US$M)
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