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TMCNet:  Research and Markets: Global Veterinary Diagnostics Market 2014-2018 Featuring Abaxis, Heska, IDEXX Laboratories, Mindray Medical, VCA Antech & Zoetis

[September 04, 2014]

Research and Markets: Global Veterinary Diagnostics Market 2014-2018 Featuring Abaxis, Heska, IDEXX Laboratories, Mindray Medical, VCA Antech & Zoetis

DUBLIN --(Business Wire)--

Research and Markets (http://www.researchandmarkets.com/research/ds2b7h/global_veterinary) has announced the addition of the "Global Veterinary Diagnostics Market 2014-2018" report to their offering.

The Global Veterinary Diagnostics market to grow at a CAGR of 8.10 percent over the period 2013-2018.

Veterinary diagnostics include various tests, which are used to detect diseases in animals. Veterinarians, pet owners, livestock producers, and biomedical researchers are mainly availing these diagnostic services. Major diagnostic methods include molecular testing (Deoxyribonucleic Acid/Ribonucleic Acid testing), immunodiagnostics, clinical chemistry, and hematology. These tests are executed through blood, urine, tisse, and feces samples from animals.


The Global Veterinary Diagnostics market is expected to grow steadily during the forecast period of 2014-2018 because of the presence of early animal molecular diagnostics tests that execute rapid diagnosis for a wide variety of diseases. Advances in technology in laboratory equipment have led to tests to detect challenging diseases in animals.

According to the report, the increasing diagnosis of diseases in animals as a result of advances in technology is one of the major drivers of this market. The outbreak of diseases among animals and their spread to humans, leading to the threat of epidemics worldwide, is a major concern.

Further, the report states that one of the major challenges in the market is low animal healthcare expenditure because of the economic downturn. This has caused changes in concern over the health of animals, resulting in negligence in their treatment.

To calculate the market size, the report considers the revenue generated through the following five segments:

  • Clinical Chemistry
  • Hematology Analyzers
  • Molecular Diagnostics
  • Immunodiagnostics
  • Diagnostics Imaging

Key Vendors

  • Abaxis
  • Heska
  • IDEXX Laboratories
  • Mindray Medical
  • VCA Antech
  • Zoetis

Other Prominent Vendors

  • Neogen
  • Thermo Fisher Scientific
  • Virbac

For more information visit http://www.researchandmarkets.com/research/ds2b7h/global_veterinary


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