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Veterinary Immunodiagnostics Market Size
- Report ID: GMI6013
- Published Date: Jun 2023
- Report Format: PDF
Veterinary Immunodiagnostics Market Size
Veterinary Immunodiagnostics Market size was valued at around USD 803.4 million in 2022 and is expected to grow at a CAGR of 9.2% from 2023 to 2032. The growth of this market is attributed to the factors such as rising adoption of companion animals, increase in animal healthcare expenditure, high prevalence of animal diseases, and technological advancements in diagnostic tests and equipment, increasing coverage for tests under pet insurance, and the rising awareness among pet owners regarding pet care.
Veterinary immunodiagnostics involves diagnosis of diseases using an antigen-antibody reaction as a primary mean for detection. There are different types of test formats for immunodiagnostics tests such as ELISA, lateral flow assays and many other. It helps to monitor the infection causing agents in animals. It is a widely used animal diagnostics technology owing to the advantages it offers such as simplicity, high throughput capability, time, and cost-efficiency.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Veterinary Immunodiagnostics Market Size in 2022: | USD 803.4 Million |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 9.2% |
| 2032 Value Projection: | USD 1.9 Billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 255 |
| Tables, Charts & Figures: | 440 |
| Segments covered: | Product, Animal type, End-user, and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Veterinary Immunodiagnostics Market Scope
