Market revenue in 2022 | USD 79.5 million |
Market revenue in 2030 | USD 210.8 million |
Growth rate | 13% (CAGR from 2022 to 2030) |
Largest segment | Companion animals |
Fastest growing segment | Livestock Animals |
Historical data covered | 2018 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 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 |
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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 point of care diagnostics market will help companies and investors design strategic landscapes.
Companion animals was the largest segment with a revenue share of 57.99% in 2022. Horizon Databook has segmented the Latin America veterinary point of care diagnostics market based on companion animals, livestock animals covering the revenue growth of each sub-segment from 2018 to 2030.
The LATAM veterinary POC market includes the following countries: Brazil, Mexico, and Argentina. The market is being driven by technological developments, growing pet population and humanization, the need to reduce antimicrobial resistance, and growth of service offerings by vet clinics.
Furthermore, the market has been impacted by the global trend of digitalization in healthcare. Companies are investing in product development to improve testing accuracy, validate devices, broaden test menus, and automate as much of the process as feasible, lowering the difficulty of using these devices.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America veterinary point of care diagnostics market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America veterinary point of care diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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