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Veterinary Point of Care Diagnostics Market Size

  • Report ID: GMI5890
  • Published Date: May 2023
  • Report Format: PDF

Veterinary Point of Care Diagnostics Market Size

Veterinary Point of Care Diagnostics Market size valued at USD 1.7 billion in 2022 and is estimated to grow at over 9.4% CAGR between 2023 and 2032. The rise in pet-related spending, adoption of new technologies, and the rising demand for point-of-care testing are the main factors propelling the market's expansion.

 

 

Veterinary point of care diagnostics refers to the use of diagnostic tests and devices that can be performed rapidly and conveniently at the point of care, such as veterinary clinics, field settings or on-site at farms or animal shelters. These tests are designed to provide quick and accurate results to aid in the diagnosis, monitoring, and treatment of animals. The veterinary point of care diagnostics includes a wide range of tests and technologies that can be used to detect and analyse various conditions and diseases in animals.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The market valuation of veterinary point of care diagnostics accounted for over USD 1.7 billion in 2022 and is anticipated to cross USD 4.1 billion by 2032.

The consumables segment held 57.3% of the market share in 2022 and will expand further due to the availability of subscription-based (POC lab) or repetitive payments sales models for reagents and consumables.

North America veterinary PoC (Point-of-Care) diagnostics market will record a 9% CAGR between 2023 to 2032 driven by the presence of major animal healthcare companies and developments in veterinary healthcare settings in Canada and the U.S.

Zoetis, Inc., Heska Corporation, EurolyserDiagnostica GmbH, Virbac, IDEXX Laboratories, Inc., Thermo FisherScientific, Inc., among others.

Veterinary Point of Care Diagnostics Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 450
  • Countries covered: 20
  • Pages: 220
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