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Asia Pacific Veterinary Diagnostics Market Forecast 2019-2027

KEY FINDINGS

The veterinary diagnostic market of the Asia Pacific region is predicted to grow at a CAGR of 8.38% during the forecasting years of 2019-2027. The increase in zoonotic diseases will result in more utilization of veterinary diagnostics and hence contributes to the growth of the market.

MARKET INSIGHTS

China, India, Japan, Australia, South Korea and Rest of Asia-Pacific are considered for the market study. Preemptive government initiatives to support the R&D to develop new veterinary diagnostics tests, strategic alliances between countries to develop novel veterinary diagnostics products and a high number of veterinary hospitals/polyclinics. Furthermore, the government initiatives to reduce animal related disease & infections, increasing demand for animal-derived food along with the growing ownership and spending on pets is also expected to enhance the growth of veterinary diagnostics market in Asia-Pacific region. The market has been segmented on the basis of product, animal type, technology and end-user. Immunodiagnostics segment in the market is expected to account the largest share by revenue.

COMPETITIVE INSIGHTS

The eminent companies that are contributed significantly to the revenue of the Asia Pacific veterinary diagnostic market are Zoetis Inc., Qiagen N.V., Idexx Laboratories, Inc., Acon Laboratories, Inc., Sysmex Corporation, Thermo Fisher Scientific Inc., Fujifilm Europe GmbH, Biomedica, Bio-Rad Laboratories, Inc., Horiba, Ltd., Neogen Corporation, Heska Corporation, Henry Schein, Inc. (U.S.), Alvedia and ID Vet.
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Asia Pacific Veterinary Diagnostics Market Forecast 2019-2027
Published By :Inkwood Research
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