Veterinary Infectious Disease Diagnostics Market Growth Forecast: Exploring Trends and Opportunities for the Next Decade
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How Will the Veterinary Infectious Disease Diagnostics Market’s Growth Rate Evolve Over the Forecast Period to 2034?
The market for diagnostic procedures related to infectious diseases in animals has witnessed considerable expansion in the past few years. The market, which is forecasted to increase from $1.93 billion in 2024 to $2.11 billion in 2025, projects a compound annual growth rate (CAGR) of 9.1%. Factors such as rising levels of pet adoption, enhancements in veterinary medical interventions, the increasing trend of humanization of pets, and supportive regulations, collectively contributed to the historic growth.
The market size of veterinary infectious disease diagnostics is projected to experience significant expansion in the coming years, reaching the mark of $3.07 billion by 2029 with a compound annual growth rate (CAGR) of 9.8%. The estimated growth during the forecast period is expected to be driven by the rise in emerging diseases, progressive research and development, internationalization of veterinary methodologies, along with an expanding livestock population. Key trends predicted for the forecast period include technological advancements, accelerated utilization of point-of-care testing, the integration of molecular diagnostics, digitization in veterinary healthcare, product portfolio growth, collaborations, and partnerships, as well as diagnostic customization for diverse animal species.
What Are the Primary Drivers Supporting the Growth of the veterinary infectious disease diagnostics Market?
The surge in cases of transboundary and zoonotic illnesses such as rabies is anticipated to drive the expansion of the veterinary infectious disease diagnostics market. Zoonoses encompass diseases and infections which occur naturally between humans and vertebrate creatures. The purpose of veterinary infectious disease diagnostics is to identify rabies in pets and animals to prevent fatalities. For example, in 2022, the World Health Organization (WHO), a Swiss government entity, reported the presence of rabies in over 150 countries and territories. Dogs are the leading cause of human deaths from rabies, responsible for as much as 99% of all transfers of the disease. 40% of those bitten by potentially rabid animals are children under 15 years old. This infection causes the death of tens of thousands each year, predominantly in Asia and Africa. Thus, the upward trend in transboundary and zoonotic diseases is propelling the growth of the veterinary infectious disease diagnostics market.
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What Are the Leading Industry Players Dominating the Veterinary Infectious Disease Diagnostics Market?
Major companies operating in the veterinary infectious disease diagnostics market include:
• Zoetis Inc._x000D_
• IDEXX Laboratories Inc._x000D_
• Thermo Fisher Scientific Inc._x000D_
• QIAGEN N. V._x000D_
• IDvet_x000D_
What Are the Latest Trends Leading to Disruption in the Veterinary Infectious Disease Diagnostics Market?
The key trend in the veterinary infectious disease diagnostics market is rooted in technological advancements. To remain competitive, major companies in this market are leveraging novel technological developments. For instance, Merck Animal Health, a US company specializing in animal drugs development, launched the SenseHub Feedlot in February 2022. This product, based on electronic ear tag technology, features a reusable ear tag, an installed antenna, and an infrared thermistor capable of collecting, saving, and sharing data via a gateway to a data platform. The SenseHub Feedlot provides a technologically advanced solution for quicker and more reliable disease detection and earlier illness identification in cattle, representing an improvement over traditional ocular inspection methods.
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What Are the Core Categories and Segments in the Veterinary Infectious Disease Diagnostics Market Driving Demand and Growth?
The veterinary infectious disease diagnostics market covered in this report is segmented –
1) By Infection Type: Viral Infections, Bacterial Infections, Parasitic Infections, Other Infections
2) By Animal Type: Companion Animal, Food-Producing Animals
3) By Technology: Immunodiagnostics, Molecular Diagnostic, Other Technologies
4) By End User: Reference Laboratories, Veterinary Hospitals And Clinics, Point Of Care, Research Institutes And Universities, Other End Users
Subsegments:
1) By Viral Infections: Canine Parvovirus, Feline Leukemia Virus, Avian Influenza Virus
2) By Bacterial Infections: Canine Bordetella, Leptospirosis, Salmonellosis
3) By Parasitic Infections: Fleas And Ticks, Heartworm, Giardia
4) By Other Infections: Fungal Infections, Mycoplasma Infections
Which Regions Are Significant to the Growth of the Veterinary Infectious Disease Diagnostics Market?
North America was the largest region in the veterinary disease diagnostics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the veterinary infectious disease diagnostics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
How Is the Veterinary Infectious Disease Diagnostics Market Classified and Defined in Market Analysis?
The veterinary infectious disease diagnostics refer to diagnostic services that are used for the identification of infectious diseases in animals. These are the sets of infectious diseases and the factors that impact the health of livestock, domestic animals, and wildlife. Veterinary diagnostics has become essential to ensure the overall well-being of animals. These diagnose the infections caused in all types of animals.
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