Veterinary Point of Care (PoC) Diagnostics Market
Global Veterinary Point of Care (PoC) Diagnostics Market Size, Share & Trends Analysis Report by Product Type (Instruments and Consumables), By Application (Clinical Pathology, Infectious Disease, Orthopedics, Gynecology, Oncology, and Others), By End-User (Veterinary Hospitals & Clinics and Homecare) and Forecast 2020-2026 Update Available - Forecast 2024-2030
The global market for veterinary PoC diagnostics is projected to have considerable CAGR of around 9.5% during the forecast period. The market growth mainly backed by the increasing adoption of PoC diagnosis devices as the demand of early diseases diagnostic of zoonotic diseases across the globe. Many zoonoses such as avian influenza and rabies from wildlife are are increased, whereas as some such as Ebola have been emerged recently or being linked to wildlife reservoir species. Ebola was linked to cave-dwelling bats in Africa. Another instance of such disease is severe acute respiratory syndrome (SARS) coronavirus that has emerged from bats to civets before ultimately affecting humans in southern China. This disease costs more than 60 billion dollars, claiming more than 800 lives globally. Thereby, the increasing prevalence of zoonotic diseases contributes to the growth of the veterinary PoC diagnostics market as it is necessary to early diagnose the animals at risk to prevent such infections and serious diseases.
Segmental Outlook
The global veterinary PoC diagnostics market is segmented based on product type, application and end-user. Based on the product type, the market is further classified intoinstruments and consumables. The consumables segment is projected to have considerable growth owing to the growing demand of consumables such as kits & reagents and imaging system reagents in PoC diagnostics for better understanding of diseases in animals. On the basis of application the market is further segregated into clinical pathology, infectious disease, orthopedics, gynecology, oncology, and others. Based on end-user the market for veterinary PoC diagnostics further classified into veterinary hospitals & clinics and homecare.
Global Veterinary PoC Diagnostics Market Share by Industry, 2019(%)
Global veterinary PoC diagnostics market to be driven by veterinary hospitals & clinics
Among end-user, the hospitals & clinics segment held a considerable share in the market. The market is mainly driven due to increasing number of veterinary hospitals providing PoC diagnosis for the zoonotic diseases across the globe. Moreover, preference towards diagnosis and treatment in veterinary clinic and hospitals is significantly more as compared to that of any other alternative such as mobile facility or van and animal shelters among various others. The immediacy of test results is a major advantage of in-clinic testing, especially in emergency situations. Therefore, clinics and hospitals with emergency and critical care service requiring PoC diagnostic equipment m with an in-house testing laboratory. Moreover, advanced diagnostic tests generally require some form of a measuring instrument, including a hematology analyzer, coagulation instrument, or chemistry or blood gas analyzer therefore the veterinary hospitals & clinics are mostly preferable for these instruments.
Regional Outlook
Geographically, the global veterinary PoC diagnostics market is further classified into North America, Europe, Asia-Pacific and the Rest of the World. Asia-Pacific is estimated to have considerable market growth in the global market during the forecast period. The market growth is attributed to the increasing number of companion animals and growing zoonotic diseases in economies such as China, Japan, India, South Korea, Thailand, and Australia.
Global Veterinary PoC Diagnostics Market Growth, by Region 2020-2026
North America to hold a considerable share in the global veterinary PoC diagnostics market
Geographically, North America is projected to hold a significant market share in the global veterinary PoC diagnostics market. Major economies which are anticipated to contribute to the North America veterinary PoC diagnostics market are the US and Canada. The US is dominating the North American veterinary PoC diagnostics market owing to wide adoption of veterinary PoC diagnostics solutions, significant presence of veterinary PoC diagnostics vendors and growing number of companion and livestock animals. According to the 2019-2020 National Pet Owners Survey conducted by the American Pet Products Association (APPA), around 67.0% of the US household that accounts for 85 million families living in the US, owned at least a pet. The growth of the veterinary PoC diagnostics market is significantly dependent on the adoption of pets in the US household. As the adoption of pets increase, the zoonotic diseases are also expected to rise, thereby, creating opportunities for the growth of PoC market in the region.
Market Players Outlook
The key players in the veterinary PoC diagnostics market contributing significantly by providing different types of products and increasing their geographical presence across the globe. The key players of the market include Heska Corp., IDEXX Laboratories, Inc., Randox Laboratories Ltd., Virbac Group, Zoetis Inc., Abaxis Inc., AniPOC Ltd., and others. These market players adopt various strategies such as product launch, partnerships, collaborations, mergers, and acquisitions to sustain a strong position in the market.
The Report Covers
- value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global veterinary PoC diagnostics market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Veterinary PoC Diagnostics Market by Product Type
5.1.1. Instruments
5.1.2. Consumables
5.2. Global Veterinary PoC Diagnostics Market by Application
5.2.1. Clinical Pathology
5.2.2. Infectious Disease
5.2.3. Orthopedics
5.2.4. Gynecology
5.2.5. Oncology
5.2.6. Others(Neurology)
5.3. Global Veterinary PoC Diagnostics Market by End-User
5.3.1. Veterinary Hospitals &Clinics
5.3.2. Homecare
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. AniPOC Ltd.
7.2. Abaxis Inc.
7.3. ACON Laboratories, Inc.
7.4. Agfa N.V.
7.5. Bio-X Diagnostics S.A.
7.6. Carestream Health, Inc.
7.7. Diagnostic Imaging Systems, Inc.
7.8. ESAOTE SPA
7.9. Eurolyser Diagnostica GmbH
7.10. FUJIFILM Sonosite, Inc.
7.11. Heska Corp.
7.12. IDEXX Laboratories, Inc.
7.13. LifeAssays AB
7.14. Mindray Bio-Medical Electronics Co., Ltd.
7.15. MinXray Inc.
7.16. Randox Laboratories Ltd.
7.17. Thermo Fisher Scientific, Inc.
7.18. Virbac Group
7.19. Woodley Equipment Co. Ltd.
7.20. Zoetis Inc.
1. GLOBAL VETERINARY POC DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
2. GLOBAL VETERINARY POC DIAGNOSTICS INSTRUMENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
3. GLOBAL VETERINARY POC DIAGNOSTICS CONSUMABLES MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
4. GLOBAL VETERINARY POC DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
5. GLOBAL VETERINARY POC DIAGNOSTICS IN CLINICAL PATHOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
6. GLOBAL VETERINARY POC DIAGNOSTICS IN INFECTIOUS DISEASE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
7. GLOBAL VETERINARY POC DIAGNOSTICS IN ORTHOPEDICS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
8. GLOBAL VETERINARY POC DIAGNOSTICS IN GYNECOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
9. GLOBAL VETERINARY POC DIAGNOSTICS IN ONCOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
10. GLOBAL VETERINARY POC DIAGNOSTICS IN OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
11. GLOBAL VETERINARY POC DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY END-USER, 2019-2026 ($ MILLION)
12. GLOBAL VETERINARY POC DIAGNOSTICS IN ETERINARY HOSPITALS & CLINICS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
13. GLOBAL VETERINARY POC DIAGNOSTICS IN HOMECARE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
14. GLOBAL VETERINARY POC DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2019-2026 ($ MILLION)
15. NORTH AMERICAN VETERINARY POC DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
16. NORTH AMERICAN VETERINARY POC DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
17. NORTH AMERICAN VETERINARY POC DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
18. NORTH AMERICAN VETERINARY POC DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY END-USER, 2019-2026 ($ MILLION)
19. EUROPEAN VETERINARY POC DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
20. EUROPEAN VETERINARY POC DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
21. EUROPEAN VETERINARY POC DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
22. EUROPEAN VETERINARY POC DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY END-USER, 2019-2026 ($ MILLION)
23. ASIA-PACIFIC VETERINARY POC DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
24. ASIA-PACIFIC VETERINARY POC DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
25. ASIA-PACIFIC VETERINARY POC DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
26. ASIA-PACIFIC VETERINARY POC DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY END-USER, 2019-2026 ($ MILLION)
27. REST OF THE WORLD VETERINARY POC DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
28. REST OF THE WORLD VETERINARY POC DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
29. REST OF THE WORLD VETERINARY POC DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY END-USER, 2019-2026 ($ MILLION)
1. GLOBAL VETERINARY POC DIAGNOSTICS MARKET SHARE BY PRODUCT TYPE, 2019 VS 2026 (%)
2. GLOBAL VETERINARY POC DIAGNOSTICS MARKET SHARE BY APPLICATION, 2019 VS 2026 (%)
3. GLOBAL VETERINARY POC DIAGNOSTICS MARKET SHARE BY END-USER, 2019 VS 2026 (%)
4. GLOBAL VETERINARY POC DIAGNOSTICS MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
5. US VETERINARY POC DIAGNOSTICS MARKET SIZE, 2019-2026 ($ MILLION)
6. CANADA VETERINARY POC DIAGNOSTICS MARKET SIZE, 2019-2026 ($ MILLION)
7. UK VETERINARY POC DIAGNOSTICS MARKET SIZE, 2019-2026 ($ MILLION)
8. FRANCE VETERINARY POC DIAGNOSTICS MARKET SIZE, 2019-2026 ($ MILLION)
9. GERMANY VETERINARY POC DIAGNOSTICS MARKET SIZE, 2019-2026 ($ MILLION)
10. ITALY VETERINARY POC DIAGNOSTICS MARKET SIZE, 2019-2026 ($ MILLION)
11. SPAIN VETERINARY POC DIAGNOSTICS MARKET SIZE, 2019-2026 ($ MILLION)
12. ROE VETERINARY POC DIAGNOSTICS MARKET SIZE, 2019-2026 ($ MILLION)
13. INDIA VETERINARY POC DIAGNOSTICS MARKET SIZE, 2019-2026 ($ MILLION)
14. CHINA VETERINARY POC DIAGNOSTICS MARKET SIZE, 2019-2026 ($ MILLION)
15. JAPAN VETERINARY POC DIAGNOSTICS MARKET SIZE, 2019-2026 ($ MILLION)
16. REST OF ASIA-PACIFIC VETERINARY POC DIAGNOSTICS MARKET SIZE, 2019-2026 ($ MILLION)
17. REST OF THE WORLD VETERINARY POC DIAGNOSTICS MARKET SIZE, 2019-2026 ($ MILLION)
