The Veterinary Diagnostic Equipment Market is projected to reach USD 4.55 billion by 2030 from USD 2.60 billion in 2022, at a CAGR of 7.22% during the forecast period.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Veterinary Diagnostic Equipment Market.

  • Based on Testings Type, market is studied across Bacteriology, Clinical Chemistry Test, Diagnostic Imaging, Hematology, Immunoassays, Molecular Testing, Parasitology, Pathology, Serology, and Virology. The Diagnostic Imaging commanded largest market share of 32.93% in 2022, followed by Pathology.

  • Based on Product Type, market is studied across Consumables, Reagents & Kits and Instruments & Devices. The Consumables, Reagents & Kits commanded largest market share of 57.46% in 2022, followed by Instruments & Devices.

  • Based on Species, market is studied across Avian, Bovine, Camelid, Canine & Feline, Caprine, Equine, Ovine, and Porcine. The Canine & Feline commanded largest market share of 44.05% in 2022, followed by Bovine.

  • Based on End-User, market is studied across Hospitals & Clinics, Point-of-Care/In-House Testing, Reference Laboratories, and Research Centers & Universities. The Hospitals & Clinics commanded largest market share of 64.30% in 2022, followed by Reference Laboratories.

  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 38.12% in 2022, followed by Americas.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Veterinary Diagnostic Equipment Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Veterinary Diagnostic Equipment Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Veterinary Diagnostic Equipment Market, highlighting leading vendors and their innovative profiles. These include Agfa-Gevaert N.V., Agrolabo S.p.A., BioChek B.V., Biomerieux SA, Carestream Health, Covetrus, Inc., Diagnostic Imaging Systems, Inc., Heska Corporation, IDEXX Laboratories, Inc., IDvet, IM3 Inc., IMV Technologies group, INDICAL Bioscience GmbH, Merck & Co., Inc., Mindray Medical International Ltd., MinXray, Inc., Neogen Corporation, Randox Laboratories, Ltd., Thermo Fisher Scientific, Inc., Virbac, Inc., and Zoetis, Inc..

The report offers valuable insights on the following aspects:

  1. Market Penetration: It provides comprehensive information about key players’ market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast for the Veterinary Diagnostic Equipment Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the Veterinary Diagnostic Equipment Market?
  3. What is the competitive strategic window for identifying opportunities in the Veterinary Diagnostic Equipment Market?
  4. What are the latest technology trends and regulatory frameworks in the Veterinary Diagnostic Equipment Market?
  5. What is the market share of the leading vendors in the Veterinary Diagnostic Equipment Market?
  6. Which modes and strategic moves are suitable for entering the Veterinary Diagnostic Equipment Market?