The Veterinary Molecular Diagnostics Market is expected to register a CAGR of 8.2% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Technology (PCR, Next-Generation Sequencing, Digital PCR, Microarrays). The market is further segmented based on by Application (Infectious Diseases, Genetic Testing, Oncology, Toxicology, Blood Typing). The report is segmented based on Animal Type (Companion Animals, Livestock, Horses, Other Animals). The report is segmented based End-User (Veterinary Clinics, Animal Hospitals, Research Institutes, Diagnostic Laboratories). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Veterinary Molecular Diagnostics Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Veterinary Molecular Diagnostics Market Segmentation
Technology- PCR
- Next-Generation Sequencing
- Digital PCR
- Microarrays
- Infectious Diseases
- Genetic Testing
- Oncology
- Toxicology
- Blood Typing
- Companion Animals
- Livestock
- Horses
- Other Animals
- Veterinary Clinics
- Animal Hospitals
- Research Institutes
- Diagnostic Laboratories
Strategic Insights
Veterinary Molecular Diagnostics Market Growth Drivers- Increasing Pet Ownership: The rising trend of pet ownership worldwide, especially in emerging markets, is significantly driving the veterinary molecular diagnostics market. As pet owners become more conscious of their pets' health and seek accurate diagnoses, the demand for advanced molecular diagnostic tools, such as PCR tests, to detect diseases at early stages continues to grow.
- Rising Animal Disease Incidences: The growing prevalence of zoonotic diseases and infections in animals is driving demand for molecular diagnostics in veterinary care. Rapid and accurate detection of diseases like Lyme disease, Brucellosis, and FIP (Feline Infectious Peritonitis) is critical to ensure effective treatment and prevent the spread of infections to humans, spurring growth in this market.
- Technological Advancements: Continuous innovations in diagnostic technologies, including PCR (Polymerase Chain Reaction), next-generation sequencing (NGS), and digital PCR, are driving the veterinary molecular diagnostics market. These advancements provide more accurate, rapid, and cost-effective diagnostics, improving disease management and treatment for animals and thereby fueling market growth in veterinary healthcare.
- Point-of-Care Diagnostics: The increasing trend toward point-of-care (POC) diagnostics in veterinary practices is shaping the molecular diagnostics market. These portable and rapid diagnostic tools allow veterinarians to diagnose diseases like viral infections, genetic disorders, and bacterial infections quickly, leading to better treatment decisions and more efficient use of veterinary resources.
- Integration with Veterinary Telemedicine: The rise of veterinary telemedicine has accelerated the adoption of molecular diagnostics. Remote consultations, in which diagnostic results are shared and interpreted digitally, have made it easier for veterinary professionals to assess pet health and recommend treatments, driving the market for molecular diagnostic tools that provide accurate and quick results for telemedicine platforms.
- Increased Focus on Genetic Testing: With the growing awareness of hereditary diseases in pets, there is a rising demand for genetic testing in veterinary care. Genetic testing helps in early diagnosis, breeding management, and disease prevention, leading to a market trend toward more advanced molecular diagnostic tools focused on pet genetics and inherited conditions.
- Expanding Veterinary Services in Emerging Markets: The rising disposable income and increasing pet ownership in emerging economies such as Asia-Pacific and Latin America present a significant opportunity for the veterinary molecular diagnostics market. Expanding veterinary healthcare services in these regions will drive the demand for advanced diagnostic solutions and promote market growth.
- Collaboration with Veterinary Research Institutions: Collaboration between veterinary diagnostic companies and research institutions offers opportunities to accelerate the development of new diagnostic tests and technologies. These partnerships can lead to the introduction of cutting-edge molecular diagnostic solutions, further driving the veterinary molecular diagnostics market.
- Development of Breed-Specific Diagnostic Kits: The growing demand for breed-specific testing for genetic diseases and conditions opens up opportunities for the development of customized diagnostic kits. By focusing on particular breeds and their unique genetic predispositions, companies can create targeted diagnostic solutions, tapping into niche markets and expanding their product offerings
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Veterinary Molecular Diagnostics Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Veterinary Molecular Diagnostics Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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Frequently Asked Questions
Key drivers include increasing pet ownership, rising animal disease incidences, and technological advancements in diagnostic tools, particularly PCR and NGS, enabling accurate and rapid disease detection in animals.
The Asia-Pacific region is expected to see the highest growth, driven by rising pet ownership, increasing disposable income, and improving veterinary healthcare infrastructure.
Commonly used technologies include Polymerase Chain Reaction (PCR), Next-Generation Sequencing (NGS), digital PCR, and microarrays, which are used for diagnosing infections, genetic disorders, and cancer in animals.
Opportunities include expanding services in emerging markets, collaborating with research institutions to develop innovative tests, and creating breed-specific diagnostic kits that address the genetic health concerns of particular pet breeds.
Key trends include the shift toward point-of-care diagnostics, integration with veterinary telemedicine, and an increased focus on genetic testing, leading to more personalized and accurate veterinary care.
Approximately 150-200 word file pages is the standard report
- IDEXX Laboratories, Inc.
- Zoetis Inc.
- Thermo Fisher Scientific Inc.
- Virbac
- Qiagen N.V.
- Biogal Galed Labs
- Abaxis Inc. (now part of Zoetis)
- Randox Laboratories
- Neogen Corporation
- Randox Laboratories
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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