Veterinary Diagnostics Market by Products & Types of Animal - 2018

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Veterinary Diagnostics Market by Products & Types of Animal - 2018

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The “Veterinary Diagnostics Market by Products (Clinical Chemistry, Hematology Analyzers, Molecular Diagnostics, Immunodiagnostics, Diagnostics Imaging), by Animals (Companion, Food-producing, Dog, Livestock, Poultry, Swine) - Global Forecast to 2018”analyzes and studies the major market drivers, restraints, and opportunities in North America, Europe, Asia-Pacific, and Rest of the World.

Browse 89 market data tables, 7 figures spread through 320 pages and in-depth TOC on “Veterinary Diagnostics Market” http://www.marketsandmarkets.com/Market-Reports/veterinary-diagnostics-market26017452.html Early buyers will receive 10% customization in this report.

The market was valued at $2,859.1 million in 2013 and is expected to grow at a CAGR of 8.0% from 2013 to 2018.

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In this report, the global veterinary diagnostics market is segmented by products, species, end-users, geographic regions, and countries. It also discusses the key market drivers, restraints, and opportunities of this market and its sub-markets.

The market has a high growth potential mainly due to the increasing incidences of animal disease outbreaks, increasing number of both companion animals and food producing animals globally, and rising public awareness about animal diseases. However, the economic downturn and increasing adoption of vegetarian food appear to dampen the overall market growth to a certain extent.

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North America contributes to the largest share to the global veterinary diagnostics market, followed by Europe, Asia-Pacific, and RoW. During the forecast period, the developed geographies like North America and Europe are likely to grow at a lower CAGR as compared to the Asian market. The APAC region is expected to have the fastest market growth during the forecast period, largely driven by the increasing per-capita income and the increasing awareness about the animal health in pet owners.

The major players in the veterinary diagnostics market include IDEXX Laboratories (U.S.), VCA Antech Inc. (U.S.), Abaxis Corporation (U.S.), Heska Corporation (U.S.), Zoetis Inc. (U.S.), Mindray Medical (China), Neogen Corporation (U.S.), and Thermo Fisher Scientific Inc. (U.S.).

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