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Press Release:

Global Veterinary Molecular Diagnostics Market to Reach US$ 1,064.1 Million by 2027, Catalyzed by Surging Incidences of Zoonotic Diseases

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Veterinary Molecular Diagnostics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global veterinary molecular diagnostics market reached a value of US$ 581.4 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 1,064.1 Million by 2027 exhibiting a growth rate (CAGR) of 9.40% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Veterinary molecular diagnostics assist clinicians in detecting, identifying, and genotyping a broad range of viral, bacterial, and vector-borne pathogens among animals using molecular-based methods, such as conventional and quantitative polymerase chain reaction (PCR). They require small amounts of a diverse spectrum of biological sample types, which further allow rapid and highly sensitive detection of nucleic acids and diagnosis of infectious diseases. At present, an array of molecular techniques of different complexity are used in veterinary health centers and research laboratories to facilitate the fast and specific diagnosis of animal diseases.

 

 
 

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Veterinary Molecular Diagnostics Market Trends:

The escalating number of animal husbandry activities, along with the rising concerns about food safety, represents one of the major factors catalyzing the demand for veterinary molecular diagnostics for better diagnosis and treatment of livestock. Additionally, the outbreak of coronavirus disease (COVID-19) across the globe is driving the need for PCR testing to analyze the effect of the infection in animals. Apart from this, the increasing pet ownership on account of the emerging nuclear family trends and inflating income levels, coupled with the rising pet humanization, is bolstering the market growth. This can also be attributed to the increasing uptake of pet insurance policies due to the growing concerns among pet parents about the well-being of their pets. Moreover, governing agencies of numerous countries are supporting veterinary practices and commercial animal-production programs, which, in turn, is strengthening the adoption of veterinary molecular diagnostics around the world. Besides this, the introduction of advanced genotyping techniques, such as whole-genome sequencing (WGS), in confluence with the surging demand for customized reagents and kits, is anticipated to influence the market positively.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global veterinary molecular diagnostics market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product, technology, animal type, disease type and end user.

Breakup by Product:

  • Kits and Reagents
  • Instruments
  • Software and Services
     

Breakup by Technology:

 

 
 

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  • Real Time PCR
  • Microarray
  • DNA Sequencing
     

Breakup by Animal Type:

  • Companion Animal
  • Livestock Animal
     

Breakup by Disease Type:

  • Vector-borne Diseases
  • Respiratory Pathogens
  • Diarrhea Pathogens
  • Others
     

Breakup by End User:

  • Veterinary Hospitals
  • Clinical Laboratories
  • Research Institutes
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Biochek B.V., bioMérieux SA, HealthGene Corporation, Heska Corporation, IDEXX Laboratories Inc., INDICAL BIOSCIENCE GmbH, Ingenetix GmbH, NEOGEN Corporation, Qiagen N.V, Thermo Fisher Scientific Inc., Veterinary Molecular Diagnostics Inc. and Zoetis Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Product, Technology, Animal Type, Disease Type, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Biochek B.V., bioMérieux SA, HealthGene Corporation, Heska Corporation, IDEXX Laboratories Inc., INDICAL BIOSCIENCE GmbH, Ingenetix GmbH, NEOGEN Corporation, Qiagen N.V, Thermo Fisher Scientific Inc., Veterinary Molecular Diagnostics Inc. and Zoetis Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Veterinary Molecular Diagnostics Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product
    6.1    Kits and Reagents
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Instruments
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Software and Services
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by Technology
    7.1    Real Time PCR
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Microarray
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    DNA Sequencing
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Animal Type
    8.1    Companion Animal
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Livestock Animal
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by Disease Type
    9.1    Vector-borne Diseases
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Respiratory Pathogens
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Diarrhea Pathogens
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Others
        9.4.1 Market Trends
        9.4.2 Market Forecast
10    Market Breakup by End User
    10.1    Veterinary Hospitals
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    Clinical Laboratories
        10.2.1 Market Trends
        10.2.2 Market Forecast
    10.3    Research Institutes
        10.3.1 Market Trends
        10.3.2 Market Forecast
11    Market Breakup by Region
    11.1    North America
        11.1.1 United States
           11.1.1.1 Market Trends
           11.1.1.2 Market Forecast
        11.1.2 Canada
           11.1.2.1 Market Trends
           11.1.2.2 Market Forecast
    11.2    Asia-Pacific
        11.2.1 China
           11.2.1.1 Market Trends
           11.2.1.2 Market Forecast
        11.2.2 Japan
           11.2.2.1 Market Trends
           11.2.2.2 Market Forecast
        11.2.3 India
           11.2.3.1 Market Trends
           11.2.3.2 Market Forecast
        11.2.4 South Korea
           11.2.4.1 Market Trends
           11.2.4.2 Market Forecast
        11.2.5 Australia
           11.2.5.1 Market Trends
           11.2.5.2 Market Forecast
        11.2.6 Indonesia
           11.2.6.1 Market Trends
           11.2.6.2 Market Forecast
        11.2.7 Others
           11.2.7.1 Market Trends
           11.2.7.2 Market Forecast
    11.3    Europe
        11.3.1 Germany
           11.3.1.1 Market Trends
           11.3.1.2 Market Forecast
        11.3.2 France
           11.3.2.1 Market Trends
           11.3.2.2 Market Forecast
        11.3.3 United Kingdom
           11.3.3.1 Market Trends
           11.3.3.2 Market Forecast
        11.3.4 Italy
           11.3.4.1 Market Trends
           11.3.4.2 Market Forecast
        11.3.5 Spain
           11.3.5.1 Market Trends
           11.3.5.2 Market Forecast
        11.3.6 Russia
           11.3.6.1 Market Trends
           11.3.6.2 Market Forecast
        11.3.7 Others
           11.3.7.1 Market Trends
           11.3.7.2 Market Forecast
    11.4    Latin America
        11.4.1 Brazil
           11.4.1.1 Market Trends
           11.4.1.2 Market Forecast
        11.4.2 Mexico
           11.4.2.1 Market Trends
           11.4.2.2 Market Forecast
        11.4.3 Others
           11.4.3.1 Market Trends
           11.4.3.2 Market Forecast
    11.5    Middle East and Africa
        11.5.1 Market Trends
        11.5.2 Market Breakup by Country
        11.5.3 Market Forecast
12    SWOT Analysis
    12.1    Overview
    12.2    Strengths
    12.3    Weaknesses
    12.4    Opportunities
    12.5    Threats
13    Value Chain Analysis
14    Porters Five Forces Analysis
    14.1    Overview
    14.2    Bargaining Power of Buyers
    14.3    Bargaining Power of Suppliers
    14.4    Degree of Competition
    14.5    Threat of New Entrants
    14.6    Threat of Substitutes
15    Price Analysis
16    Competitive Landscape
    16.1    Market Structure
    16.2    Key Players
    16.3    Profiles of Key Players
        16.3.1    Biochek B.V.
           16.3.1.1 Company Overview
           16.3.1.2 Product Portfolio
        16.3.2    bioMérieux SA
           16.3.2.1 Company Overview
           16.3.2.2 Product Portfolio
           16.3.2.3 Financials
           16.3.2.4 SWOT Analysis
        16.3.3    HealthGene Corporation
           16.3.3.1 Company Overview
           16.3.3.2 Product Portfolio
        16.3.4    Heska Corporation
           16.3.4.1 Company Overview
           16.3.4.2 Product Portfolio
           16.3.4.3 Financials
           16.3.4.4 SWOT Analysis
        16.3.5    IDEXX Laboratories Inc.
           16.3.5.1 Company Overview
           16.3.5.2 Product Portfolio
           16.3.5.3 Financials
           16.3.5.4 SWOT Analysis
        16.3.6    INDICAL BIOSCIENCE GmbH
           16.3.6.1 Company Overview
           16.3.6.2 Product Portfolio
        16.3.7    Ingenetix GmbH
           16.3.7.1 Company Overview
           16.3.7.2 Product Portfolio
        16.3.8    NEOGEN Corporation
           16.3.8.1 Company Overview
           16.3.8.2 Product Portfolio
           16.3.8.3 Financials
           16.3.8.4 SWOT Analysis
        16.3.9    Qiagen N.V
           16.3.9.1 Company Overview
           16.3.9.2 Product Portfolio
           16.3.9.3 Financials
           16.3.9.4 SWOT Analysis
        16.3.10    Thermo Fisher Scientific Inc.
           16.3.10.1 Company Overview
           16.3.10.2 Product Portfolio
           16.3.10.3 Financials
           16.3.10.4 SWOT Analysis
        16.3.11    Veterinary Molecular Diagnostics Inc.
           16.3.11.1 Company Overview
           16.3.11.2 Product Portfolio
        16.3.12    Zoetis Inc.
           16.3.12.1 Company Overview
           16.3.12.2 Product Portfolio
           16.3.12.3 Financials
           16.3.12.4 SWOT Analysis

List of Figures

Figure 1: Global: Veterinary Molecular Diagnostics Market: Major Drivers and Challenges
Figure 2: Global: Veterinary Molecular Diagnostics Market: Sales Value (in Million US$), 2016-2021
Figure 3: Global: Veterinary Molecular Diagnostics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Global: Veterinary Molecular Diagnostics Market: Breakup by Product (in %), 2021
Figure 5: Global: Veterinary Molecular Diagnostics Market: Breakup by Technology (in %), 2021
Figure 6: Global: Veterinary Molecular Diagnostics Market: Breakup by Animal Type (in %), 2021
Figure 7: Global: Veterinary Molecular Diagnostics Market: Breakup by Disease Type (in %), 2021
Figure 8: Global: Veterinary Molecular Diagnostics Market: Breakup by End User (in %), 2021
Figure 9: Global: Veterinary Molecular Diagnostics Market: Breakup by Region (in %), 2021
Figure 10: Global: Veterinary Molecular Diagnostics (Kits and Reagents) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Veterinary Molecular Diagnostics (Kits and Reagents) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Veterinary Molecular Diagnostics (Instruments) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Veterinary Molecular Diagnostics (Instruments) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Veterinary Molecular Diagnostics (Software and Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Veterinary Molecular Diagnostics (Software and Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Veterinary Molecular Diagnostics (Real Time PCR) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Veterinary Molecular Diagnostics (Real Time PCR) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Veterinary Molecular Diagnostics (Microarray) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Veterinary Molecular Diagnostics (Microarray) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Veterinary Molecular Diagnostics (DNA Sequencing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Veterinary Molecular Diagnostics (DNA Sequencing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Veterinary Molecular Diagnostics (Companion Animal) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Veterinary Molecular Diagnostics (Companion Animal) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Veterinary Molecular Diagnostics (Livestock Animal) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Veterinary Molecular Diagnostics (Livestock Animal) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Veterinary Molecular Diagnostics (Vector-borne Diseases) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Veterinary Molecular Diagnostics (Vector-borne Diseases) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Veterinary Molecular Diagnostics (Respiratory Pathogens) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Veterinary Molecular Diagnostics (Respiratory Pathogens) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Veterinary Molecular Diagnostics (Diarrhea Pathogens) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Veterinary Molecular Diagnostics (Diarrhea Pathogens) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Veterinary Molecular Diagnostics (Other Disease Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Veterinary Molecular Diagnostics (Other Disease Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Veterinary Molecular Diagnostics (Veterinary Hospitals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Veterinary Molecular Diagnostics (Veterinary Hospitals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Veterinary Molecular Diagnostics (Clinical Laboratories) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Veterinary Molecular Diagnostics (Clinical Laboratories) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Global: Veterinary Molecular Diagnostics (Research Institutes) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Global: Veterinary Molecular Diagnostics (Research Institutes) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: North America: Veterinary Molecular Diagnostics Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: North America: Veterinary Molecular Diagnostics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: United States: Veterinary Molecular Diagnostics Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: United States: Veterinary Molecular Diagnostics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Canada: Veterinary Molecular Diagnostics Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Canada: Veterinary Molecular Diagnostics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Asia-Pacific: Veterinary Molecular Diagnostics Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Asia-Pacific: Veterinary Molecular Diagnostics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: China: Veterinary Molecular Diagnostics Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: China: Veterinary Molecular Diagnostics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Japan: Veterinary Molecular Diagnostics Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Japan: Veterinary Molecular Diagnostics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: India: Veterinary Molecular Diagnostics Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: India: Veterinary Molecular Diagnostics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: South Korea: Veterinary Molecular Diagnostics Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: South Korea: Veterinary Molecular Diagnostics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Australia: Veterinary Molecular Diagnostics Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Australia: Veterinary Molecular Diagnostics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Indonesia: Veterinary Molecular Diagnostics Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Indonesia: Veterinary Molecular Diagnostics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Others: Veterinary Molecular Diagnostics Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Others: Veterinary Molecular Diagnostics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Europe: Veterinary Molecular Diagnostics Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Europe: Veterinary Molecular Diagnostics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Germany: Veterinary Molecular Diagnostics Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Germany: Veterinary Molecular Diagnostics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: France: Veterinary Molecular Diagnostics Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: France: Veterinary Molecular Diagnostics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: United Kingdom: Veterinary Molecular Diagnostics Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: United Kingdom: Veterinary Molecular Diagnostics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Italy: Veterinary Molecular Diagnostics Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Italy: Veterinary Molecular Diagnostics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Spain: Veterinary Molecular Diagnostics Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Spain: Veterinary Molecular Diagnostics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Russia: Veterinary Molecular Diagnostics Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Russia: Veterinary Molecular Diagnostics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Others: Veterinary Molecular Diagnostics Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Others: Veterinary Molecular Diagnostics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Latin America: Veterinary Molecular Diagnostics Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Latin America: Veterinary Molecular Diagnostics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Brazil: Veterinary Molecular Diagnostics Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Brazil: Veterinary Molecular Diagnostics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Mexico: Veterinary Molecular Diagnostics Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Mexico: Veterinary Molecular Diagnostics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Others: Veterinary Molecular Diagnostics Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Others: Veterinary Molecular Diagnostics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 86: Middle East and Africa: Veterinary Molecular Diagnostics Market: Sales Value (in Million US$), 2016 & 2021
Figure 87: Middle East and Africa: Veterinary Molecular Diagnostics Market: Breakup by Country (in %), 2021
Figure 88: Middle East and Africa: Veterinary Molecular Diagnostics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 89: Global: Veterinary Molecular Diagnostics Industry: SWOT Analysis
Figure 90: Global: Veterinary Molecular Diagnostics Industry: Value Chain Analysis
Figure 91: Global: Veterinary Molecular Diagnostics Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Veterinary Molecular Diagnostics Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Veterinary Molecular Diagnostics Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 3: Global: Veterinary Molecular Diagnostics Market Forecast: Breakup by Technology (in Million US$), 2022-2027
Table 4: Global: Veterinary Molecular Diagnostics Market Forecast: Breakup by Animal Type (in Million US$), 2022-2027
Table 5: Global: Veterinary Molecular Diagnostics Market Forecast: Breakup by Disease Type (in Million US$), 2022-2027
Table 6: Global: Veterinary Molecular Diagnostics Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 7: Global: Veterinary Molecular Diagnostics Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 8: Global: Veterinary Molecular Diagnostics Market: Competitive Structure
Table 9: Global: Veterinary Molecular Diagnostics Market: Key Players


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Key Questions Answered in This Report

The global veterinary molecular diagnostics market was valued at US$ 581.4 Million in 2021.

We expect the global veterinary molecular diagnostics market to exhibit a CAGR of 9.40% during
2022-2027.

The widespread utilization of veterinary molecular diagnostics in veterinary health centers and
research laboratories to facilitate fast and specific diagnosis of animal diseases, is primarily driving
the global veterinary molecular diagnostics market.

The sudden outbreak of the COVID-19 pandemic has led to the growing adoption of veterinary
molecular diagnostics owing to the rising need for Polymerase Chain Reaction (PCR) testing to
analyze the effect of the COVID-19 infection in animals.

Based on the product, the global veterinary molecular diagnostics market has been divided into kits
and reagents, instruments, and software and services. Among these, kits and reagents exhibit a clear
dominance in the market.

Based on the technology, the global veterinary molecular diagnostics market can be categorized into
real time PCR, microarray, and DNA sequencing. Currently, real time PCR technology holds the
majority of the global market share.

Based on the animal type, the global veterinary molecular diagnostics market has been segmented
into companion animal and livestock animal, where companion animal represents the largest market
share.

Based on the disease type, the global veterinary molecular diagnostics market can be bifurcated into
vector-borne diseases, respiratory pathogens, diarrhea pathogens, and others. Among these, vector-
borne diseases account for the majority of the total market share.

On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle
East and Africa, and Latin America, where North America currently dominates the global market.

Some of the major players in the global veterinary molecular diagnostics market include Biochek
B.V., bioMérieux SA, HealthGene Corporation, Heska Corporation, IDEXX Laboratories Inc., INDICAL
BIOSCIENCE GmbH, Ingenetix GmbH, NEOGEN Corporation, Qiagen N.V, Thermo Fisher Scientific
Inc., Veterinary Molecular Diagnostics Inc., and Zoetis Inc.

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