The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The global veterinary infectious disease diagnostics market is expected to grow from $1.65 billion in 2022 to $1.85 billion in 2023 at a compound annual growth rate (CAGR) of 12.1%. The size of veterinary infectious disease diagnostics market is expected to grow to $2.74 billion in 2027 at a CAGR of 10.4%.

North America was the largest region in the veterinary disease diagnostics market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period.

Veterinary Infectious Disease Diagnostics Market Driver
The rising prevalence of transboundary and zoonotic illnesses like rabies is projected to drive the veterinary infectious disease diagnostics market forward. Zoonoses are infectious diseases and infections that spread naturally between humans and vertebrate animals. Rabies is detected in pets and animals using veterinary infectious disease diagnostics. These gadgets are used to keep animals from killing people. According to the World Health Organisation (WHO), a Swiss-based government institution, rabies sickness was discovered in over 150 nations and territories in 2021. Dogs are the most common cause of rabies mortality in humans, accounting for up to 99% of all rabies transmissions. 40% of those bitten by suspected rabid animals are children under the age of 15. Every year, infection kills tens of thousands of individuals, especially in Asia and Africa. As a result, the rising prevalence of transboundary and zoonotic illnesses is propelling the veterinary infectious disease diagnostics market forward.

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Prominent Veterinary Infectious Disease Diagnostics Market Trend
Technological advancements have emerged as the key trend gaining popularity in the veterinary infectious disease diagnostics market. Major companies operating in the veterinary infectious disease diagnostics market are introducing new technological innovations to sustain their position in the market. For instance, in 2020, LexaGene, a US-based company operating in veterinary infectious disease diagnostics, released MiQLab, a gold standard diagnostic equipment that uses a unique RT-qPCR-based technology to evaluate each sample’s contents for up to 27 distinct pathogens in under an hour. MiQLab is unique in that it is open-source, allowing users to customize existing tests and build new ones with ease. If a new test is necessary due to a mutation, the open-access functionality allows new tests to be developed quickly on LexaGene’s MiQLab system.

Veterinary Infectious Disease Diagnostics Market Prominent Players
Major players in the veterinary infectious disease diagnostics market are Zoetis Inc., IDEXX Laboratories Inc., Thermo Fisher Scientific Inc., QIAGEN N.V., IDvet, NEOGEN Corporation, INDICAL BIOSCIENCE GmbH, Randox Laboratories Ltd., Creative Diagnostics, Heska Corporation, Chembio Diagnostics, URIT Medical Electronic Co. Ltd., NTBIO Diagnostics Inc., Bio-X Diagnostics, and Agrolabo Spa.

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Key Veterinary Infectious Disease Diagnostics Market Segments
The global veterinary infectious disease diagnostics market 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

The Veterinary Infectious Disease Diagnostics Global Market Report 2023  provides a comprehensive overview on the veterinary infectious disease diagnostics market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the veterinary infectious disease diagnostics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

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