Some of the major players in the Pet Diagnostic Tests market are Biogal Galed Labs, Alvedia, SKYER, Inc., Shenzhen Bioeasy Biotechnology Co., Ltd.
DOUGLAS, ISLE OF MAN, Jan. 17, 2023 /EINPresswire.com/ — Market Value and CAGR of Diagnostic Tests for Pets
The pet diagnostic testing market is expected to be worth $2.1 billion by 2026. The dominant segment of this market is veterinary diagnostics, which accounted for 76% of the total value in 2016.
Pet diagnostics are used to diagnose various health problems in pets such as cancer, heart disease, diabetes, kidney disease, etc. These tests help veterinarians provide preventative care and early diagnosis of disease in pets, resulting in less stress and treatment costs for the pet owner. The tests are also used to identify abnormalities in prenatal development in animals and to monitor their health during pregnancy. Furthermore, these diagnostics are used to monitor pets longitudinally for any signs of disease or abnormalities so that preventive measures can be taken in time.
Pet Diagnostic Tests Market Growth Drivers and Risks
The increasing demand for diagnostics among pet owners is one of the key factors driving the growth of the market. Another factor contributing to the growth of this market is the growing awareness of pet health and the importance of preventative care in pets.
However, several factors, such as the rising cost of testing and refund policies, are preventing the pet diagnostic testing market from reaching its full potential. The increasing incidence of various diseases in pets is also hampering their growth. Also, some players in this market are focusing on specific segments such as veterinary diagnostics and companion animal diagnostics, which could limit the potential of the market.
Global Pet Diagnostic Tests Market Key Players
Some of the major players in the Pet Diagnostic Tests market are Biogal Galed Labs (Israel), Alvedia (France), SKYER, Inc. (South Korea), Shenzhen Bioeasy Biotechnology Co., Ltd. (China), and Precision Biosensor, Inc. (South Korea).
Diagnostic Tests for Pets Market Segments
By product type, the Pet Diagnostic Tests market has been segmented into:
By type of animal Diagnostic tests for pets The market has been segmented into:
• Other pets
• Other livestock
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• It will help you identify growth sectors and predict future trends of the Pet Diagnostic Tests market.
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Table of Contents
1. OVERVIEW AND SCOPE
1.1. Market Vision
1.1.1. Market definition
1.1.2. Market Scope
1.2. Market segmentation
2. EXECUTIVE SUMMARY
2.1. Market Snapshot
2.2. Global Pet Diagnostic Test Market: Regional Overview
23. Global market for pet diagnostic tests, by product
2.3.1. Global Pet Diagnostic Tests Market Size By Product: 2020 VS 2028
2.4. Global market for diagnostic tests for pets, by type of animal
2.4.1. Global Pet Diagnostic Test Market Size By Animal Type: 2020 VS 2028
2.5. Global pet diagnostic tests market, by sales channel
2.5.1. Global Pet Diagnostic Testing Market Size By Sales Channel: 2020 VS 2028
3. OVERVIEW OF GLOBAL PET DIAGNOSTIC TESTING MARKET BY REGION: 2017 VS 2020 VS 2028
3.1. Global Pet Diagnostic Testing Market Size by Regions (2017-2022) (USD Million)
3.2. Global Pet Diagnostic Testing Market Size by Regions (2023-2028) (USD Million)
4. DYNAMICS OF THE GLOBAL MARKET FOR DIAGNOSTIC TESTING FOR PETS
4.1. Market overview
4.1.1. Driver Analysis
4.1.2. Constraints/Challenges Analysis
4.2. Value Chain Analysis/Supply Chain Analysis
4.3. Porter’s Five Forces Model
4.3.1. The power of provider’s negociation
4.3.2. The bargaining power of buyers
4.3.3. Threat of new entrants
4.3.4. Threat of substitutes
4.3.5. rivalry intensity
4.4. Covid-19 Impact Analysis on the Global Pet Diagnostic Test Market
5. GLOBAL PET DIAGNOSTIC TESTING MARKET, BY PRODUCT
5.1. General description
5.2. Global Pet Diagnostic Tests Historical Market Size by Type (2017-2028) (USD Million)
5.3. Key Findings for the Pet Diagnostic Tests Market: By Product
5.3.1. Pet Diagnostic Tests Market: Flavor Type 1
5.3.2. Pet Diagnostic Test Market: Flavor Type 2
5.3.3. Pet Diagnostic Test Market: Flavor Type 3
5.3.4. Pet Diagnostic Test Market: Flavor Type 4
6. GLOBAL MARKET FOR DIAGNOSTIC TESTS FOR PETS, BY TYPE OF ANIMAL
6.1. General description
6.2. Key Findings for the Pet Diagnostic Tests Market: By Animal Type
6.2.1. Pet Diagnostic Tests Market – Animal Type 1
6.2.2. Pet Diagnostic Tests Market – Animal Type 2
6.2.3. Pet Diagnostic Tests Market – Animal Type 3
6.2.4. Pet Diagnostic Tests Market – Animal Type 4
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