Veterinary Immunodiagnostics to Exhibit 9.6% CAGR to 2022, Forecasts Meticulous Research in Its Discounted Study Available at MarketPublishers.com
29 Nov 2017 • by Natalie Aster
LONDON – Veterinary immunodiagnostics plays a crucial role in the enhancement of animal health. Therefore, escalating demand for animal derived food products, uptake in number of companion and livestock animals and increasing expenditures on animal health globally are fueling growth in the veterinary immunodiagnostics market. Furthermore, such factors as enhancing awareness of animal health, favourable government policies and also increasing adoption of animals in emerging nations also adds to the market growth.
The world’s veterinary immunodiagnostics market is predicted to expand at a 9.6% CAGR over 2017-2022 to exceed USD 2.01 billion.
Basing on animal type, dominance in the veterinary immunodiagnostics market belongs to the livestock animals segment. This is attributed to higher investments in the healthcare of livestock animals in the wake of escalating demand for animal-derived products worldwide.
Regionally the leading position is held by North America, majorly due to higher number of pet owners, higher spending on pet care and health, well-established animal healthcare system and large number of professional veterinarians in the region. Meantime, the veterinary immunodiagnostics market in APAC is set to grow at the highest CAGR (appr. 11.4%) through 2022.
In-demand research study “Veterinary Immunodiagnostics Market- Global Opportunity Analysis And Industry Forecasts To 2022” created by Meticulous Market Research is currently available at MarketPublishers.com at a discounted price. The offer is valid until December 31, 2017.
This publication includes trustworthy data on the veterinary immunodiagnostics market landscape, dynamics, trends, key growth drivers and restraints, prevailing and anticipated trends, emerging opportunities and challenges. It reviews the main market segments and estimates their shares and growth rates, investigates the actual scenario across various geographies and touches upon the competitive landscape. Moreover, the report provides strategic profiling of the dominant market participants. Additionally, the research study outlines future growth prospects of the veterinary immunodiagnostics market and gives detailed forecasts up to 2022.
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