Veterinary Rapid Diagnostic Assays Market size was valued at USD $1.25 Billion in 2024 and is forecasted to grow at a CAGR of 8.5% from 2026 to 2033, reaching USD $2.50 Billion by 2033.
The global veterinary rapid diagnostic assays market was valued at approximately USD 740.9 million in 2022, with projections indicating a compound annual growth rate (CAGR) exceeding 8.9% from 2023 to 2032. This growth is driven by factors such as the increasing prevalence of zoonotic diseases, a growing emphasis on animal health, and the rising demand for animal derived food products. Regionally, North America dominated the market, accounting for over USD 306 million in 2022, attributed to a well established veterinary infrastructure and technological advancements. The Asia Pacific region is anticipated to experience significant growth due to increasing pet ownership and heightened awareness of veterinary health. Europe also holds a substantial market share, supported by a strong focus on animal welfare and advanced veterinary practices.
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Antech
Zoetis
Heska
SKYER
Inc.
Ahlstrom-Munksjö
Aidian Oy
ALLTEST
PRIMA Lab
VITASSAY HEALTHCARE S.L.
IDEXX
Tianjin Era Biology Technology Co.
Ltd.
Hangzhou Genesea Biotechnology Co.
Ltd.
Mindray
Wuhan Keago Biological Co.
Ltd
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Veterinary Rapid Diagnostic Assays Market
Immunoassays
Molecular Diagnostic Assays
Clinical Chemistry Assays
Other Diagnostic Assays
Antigen Test
Antibody Test
Polymerase Chain Reaction (PCR) Test
Other Tests
Livestock
Pets
Equine
Other Animals
Veterinary Clinics
Animal Hospitals
Diagnostic Laboratories
Others
Immunochromatographic Assay
Enzyme-Linked Immunosorbent Assay (ELISA)
Polymerase Chain Reaction (PCR)
Lateral Flow Assay
Others
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Veterinary Rapid Diagnostic Assays Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Veterinary Rapid Diagnostic Assays Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Veterinary Rapid Diagnostic Assays Market, By Type
6. Global Veterinary Rapid Diagnostic Assays Market, By Application
7. Global Veterinary Rapid Diagnostic Assays Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Veterinary Rapid Diagnostic Assays Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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