Swine Diagnostics Market SWOT and PEST Analysis by 2030
The Swine Diagnostics market size is projected to reach US$ 385.39 billion by 2030 from US$ 194.15 billion in 2022. The market is expected to register a CAGR of 8.9% during 2022–2030. The rising R&D Activities to Create Novel Pharmaceuticals are likely to remain a key trend in the market.
Swine Diagnostics Market Analysis
Swine diagnosis involves understanding the cause of a swine disease. Many swine diseases and conditions have multiple factors, so there may be one or several bacteria and/or viruses involved, as well as factors related to the living conditions of the pigs, such as environmental, nutritional, and management factors. The mounting demand for pork and pork products and the increasing prevalence of swine diseases increase the demand for swine diagnostics. However, the high costs involved in pork health maintenance hinder market growth.
Swine Diagnostics Market Overview
According to the Agricultural 2018–2027 report by the Organization for Economic Co-operation and Development (OECD) and the Food and Agriculture Organization (FAO), a few of the main contributors to global meat production include the US, China, India, Mexico, the Russian Federation, Argentina, and Turkey. The People's Republic of China is the major meat producer in the world. According to Our World in Data 2021 statistics, ~352.13 million tons of meat was produced worldwide in 2021. The swine diagnostics market is expected to benefit from the growing demand for pork worldwide. As per the European Commission, Europe is the world's second-largest pork producer (after China), and it is the biggest exporter of pork and pork products. For high-quality meat, animals must be inspected on a regular basis. The expanding consumption of pork and pork products increases the demand for the swine diagnostic testing market.
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Swine Diagnostics Market: Strategic Insights
Market Size Value in US$ 194.15 million in 2022 Market Size Value by US$ 385.39 million by 2030 Growth rate CAGR of 8.9% from 2022 to 2030 Forecast Period 2022-2030 Base Year 2022
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Swine Diagnostics Market: Strategic Insights
| Market Size Value in | US$ 194.15 million in 2022 |
| Market Size Value by | US$ 385.39 million by 2030 |
| Growth rate | CAGR of 8.9% from 2022 to 2030 |
| Forecast Period | 2022-2030 |
| Base Year | 2022 |
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Swine Diagnostics Market Drivers and Opportunities
Mounting Prevalence of Swine Diseases to Favor Market
As per this article published by the Food and Agriculture Organization (FAO) of the United Nations in July 2023, African swine fever (ASF) is a growing disease that affects pigs with 100% fatality rate in Asia & Pacific. According to the World Organization for Animal Health (WOAH), in 2021, more than 100 million cases of swine diseases were reported worldwide. African swine fever, porcine reproductive and respiratory syndrome (PRRS), swine influenza and enzootic pneumonia of pigs were the most common diseases in pigs. Additionally, in the US, according to the Office International des Epizooties (OIE), an estimated 70% of pig herds are infected with Porcine reproductive and respiratory syndrome. The disease is also common in other parts of the world, including Europe, Asia, and South America. Thus, the increasing prevalence of various swine diseases boosts the swine diagnostic market worldwide.
Favorable Government Initiatives Brings Growth Opportunities
In December 2020, the Animal and Plant Health Inspection Service (APHIS) of the United States Department of Agriculture (USDA) granted US$ 14.4 million to 76 projects from the National Animal Health Laboratory Network (NAHLN), focused on enhancing the early diagnosis of animal diseases and improving emergency response abilities of veterinary diagnostic laboratories. The projects also focus on the improvement of ASF and classical swine fever diagnostic testing.
Swine Diagnostics Market Report Segmentation Analysis
Key segments that contributed to the derivation of the swine diagnostics market analysis are product, end user, and distribution channel.
- The swine diagnostics market is segmented based on product type into immunoassay kits, PCR kits, hemagglutination inhibition, and others. The immunoassay kits segment held a significant share market share in 2022.
- By disease, the market is segmented into African swine fever/classical swine fever, porcine circovirus, porcine epidemic diarrhea, respiratory diseases, swine dysentery, and others. The African swine fever/classical swine fever segment held the largest market share in 2022.
- By sample type, the market is segmented into blood, oral fluids, tissue samples, nasal swabs and others. The blood segment held the largest share of the market in 2022.
- By end users, the market is segmented into veterinary hospitals, veterinary clinics, and other end users. The veterinary hospitals segment held the largest share of the market in 2022.
Swine Diagnostics Market Share Analysis by Geography
The geographic scope of the Swine Diagnostics market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America. Asia Pacific is expected to grow with the highest CAGR in the coming years.
The Swine Diagnostics market in North America is analyzed based on the three major countries: the US, Canada, and Mexico. The US is projected to have the largest share of the North America swine diagnostics market in 2022. The growth of the market in the country is attributed to the increasing investments by government and private companies to develop new diagnostics tests for ASF and the high demand for diagnostics kits for swine diseases. In February 2023, the Animal and Plant Health Inspection Service (APHIS) of the USDA purchased ASF and foot-and-mouth disease (FMD) diagnostic test kits for the National Animal Vaccine and Veterinary Countermeasures Bank (NAVVCB). Therefore, such actions by the US government to procure diagnostics kits in large volumes support the swine diagnostics market growth.
Swine Diagnostics Market Report Scope
Swine Diagnostics Market News and Recent Developments
TheSwine Diagnostics market is evaluated by gathering qualitative and quantitative data from primary and secondary research, which includes essential corporate publications, association data, and databases. A few of the developments in the Swine Diagnostics market are listed below:
- Ringbio participated in the (DLP Expo Africa 2023). Ringbio displayed its products and solutions, including a range of rapid test kits for detecting diseases and infections in swine, at the Dairy, Livestock, and Poultry Technology Exhibition Africa 2023, which was held at Kenyatta International Convention Centre, Kenya. (Source: Ringbio, Press Release, June 2023).
- IDEXX Laboratories, Inc. announced the launch of a new rapid digital cytology service, IDEXX Digital Cytology. The rapid digital test and service digitally connects with over 100 veterinary clinics across the world and provides them with cytology interpretations within 2 hours. In addition, company IDEXX’s proprietary VetConnect PLUS software will provide service 24*7. (Source: IDEXX Laboratories, Inc, Press Release, January 2020).
Swine Diagnostics Market Report Coverage and Deliverables
The “Swine Diagnostics Market Size and Forecast (2020–2030)” report provides a detailed analysis of the market covering below areas:
- Swine Diagnostics market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Swine Diagnostics market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Swine Diagnostics market analysis covering key market trends, global and regional framework, significant players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the Swine Diagnostics market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product Type, Sample Type, Disease, End User, and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The swine diagnostics market is anticipated to grow at a CAGR of 8.9% during 2022-2030.
North America dominated the swine diagnostics market in 2022.
Factors including the mounting demand for pork and pork products and the increasing prevalence of swine diseases are the driving factors for the swine diagnostics market growth.
Rising R&D activities to create novel pharmaceuticals are future trends in the market.
BioCheck BV, Idexx Laboratories Inc, Thermo Fisher Scientific Inc, Zoetis Inc, INDICAL BIOSCIENCE GmbH, Ring Biotechnology Co Ltd, Innovative Diagnostics SAS, Neogen Corp., SAN Group GmbH, Bionote Inc are some leading players operating in the Swine Diagnostics market.
The Swine Diagnostics market is estimated to reach US$ 385.39 billion by 2030.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Swine Diagnostics Market Landscape
4.1 Overview
4.2 Global PEST Analysis
4.3 Regulatory Scenario
4.3.1 United States
4.3.2 Europe
4.3.3 Asia-Pacific
5. Swine Diagnostics Market - Key Industry Dynamics
5.1 Key Market Drivers:
5.1.1 Rising Demand for Pork and Pork Products
5.1.2 Increasing Prevalence of Swine Diseases
5.2 Market Restraints
5.2.1 High Costs Involved in Pork Health Maintenance
5.3 Market Opportunities
5.3.1 Favorable Government Initiatives
5.4 Future Trends
5.4.1 Rising R&D Efforts to Create Novel Pharmaceuticals
5.5 Impact Analysis:
6. Swine Diagnostics Market - Global Market Analysis
6.1 Swine Diagnostics Market Revenue (US$ Mn), 2022 – 2030
7. Global Swine Diagnostics Market – Revenue and Forecast to 2030 – by Product Type
7.1 Overview
7.2 Swine Diagnostics Market Revenue Share, by Product Type 2022 & 2030 (%)
7.3 Immunoassays Kits
7.3.1 Overview
7.3.2 Immunoassays Kits: Swine Diagnostics Market – Revenue and Forecast to 2030 (US$ Thousand)
7.4 PCR Kits
7.4.1 Overview
7.4.2 PCR Kits: Swine Diagnostics Market – Revenue and Forecast to 2030 (US$ Thousand)
7.5 Hemagglutination-inhibition (HI)
7.5.1 Overview
7.5.2 Hemagglutination-inhibition (HI): Swine Diagnostics Market – Revenue and Forecast to 2030 (US$ Thousand)
7.6 Others
7.6.1 Overview
7.6.2 Others: Swine Diagnostics Market – Revenue and Forecast to 2030 (US$ Thousand)
8. Global Swine Diagnostics Market – Revenue and Forecast to 2030 – by Sample Type
8.1 Overview
8.2 Swine Diagnostics Market Revenue Share, by Services 2022 & 2030 (%)
8.3 Blood
8.3.1 Overview
8.3.2 Blood: Swine Diagnostics Market – Revenue and Forecast to 2030 (US$ Thousand)
8.4 Oral Fluids
8.4.1 Overview
8.4.2 Oral Fluids: Swine Diagnostics Market – Revenue and Forecast to 2030 (US$ Thousand)
8.5 Nasal Swab
8.5.1 Overview
8.5.2 Nasal Swab: Swine Diagnostics Market – Revenue and Forecast to 2030 (US$ Thousand)
8.6 Tissue Samples
8.6.1 Overview
8.6.2 Tissue Samples: Swine Diagnostics Market – Revenue and Forecast to 2030 (US$ Thousand)
8.7 Others
8.7.1 Overview
8.7.2 Others: Swine Diagnostics Market – Revenue and Forecast to 2030 (US$ Thousand)
9. Global Swine Diagnostics Market – Revenue and Forecast to 2030 – by Disease
9.1 Overview
9.2 Swine Diagnostics Market Revenue Share, by Disease 2022 & 2030 (%)
9.3 African swine fever (ASF)/Classical swine fever (CSF)
9.3.1 Overview
9.3.2 African swine fever (ASF)/Classical swine fever (CSF): Swine Diagnostics Market – Revenue and Forecast to 2030 (US$ Thousand)
9.4 Respiratory Diseases
9.4.1 Overview
9.4.2 Respiratory Diseases: Swine Diagnostics Market – Revenue and Forecast to 2030 (US$ Thousand)
9.5 Porcine Circovirus
9.5.1 Overview
9.5.2 Porcine Circovirus: Swine Diagnostics Market – Revenue and Forecast to 2030 (US$ Thousand)
9.6 Porcine Epidemic Diarrhoea
9.6.1 Overview
9.6.2 Porcine Epidemic Diarrhoea: Swine Diagnostics Market – Revenue and Forecast to 2030 (US$ Thousand)
9.7 Swine Dysentery
9.7.1 Overview
9.7.2 Swine Dysentery: Swine Diagnostics Market – Revenue and Forecast to 2030 (US$ Thousand)
9.8 Others
9.8.1 Overview
9.8.2 Others: Swine Diagnostics Market – Revenue and Forecast to 2030 (US$ Thousand)
10. Global Swine Diagnostics Market – Revenue and Forecast to 2030 – by End User
10.1 Overview
10.2 Swine Diagnostics Market Revenue Share, by End User 2022 & 2030 (%)
10.3 Veterinary Hospitals
10.3.1 Overview
10.3.2 Veterinary Hospitals: Swine Diagnostics Market – Revenue and Forecast to 2030 (US$ Thousand)
10.4 Veterinary Clinics
10.4.1 Overview
10.4.2 Veterinary Clinics: Swine Diagnostics Market – Revenue and Forecast to 2030 (US$ Thousand)
10.5 Others
10.5.1 Overview
10.5.2 Others: Swine Diagnostics Market – Revenue and Forecast to 2030 (US$ Thousand)
11. Swine Diagnostics Market - Geographical Analysis
11.1 North America Swine Diagnostics Market, Revenue And Forecast To 2030
11.1.1 Overview
11.1.2 North America Swine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
11.1.2.1 North America Swine Diagnostics Market, by Product Type
11.1.2.2 North America Swine Diagnostics Market, by Sample Type
11.1.2.3 North America Swine Diagnostics Market, by Disease
11.1.2.4 North America Swine Diagnostics Market, by End User
11.1.2.5 North America Swine Diagnostics Market, by Country
11.1.2.6 US
11.1.2.6.1 Overview
11.1.2.6.2 US Swine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
11.1.2.6.3 US Swine Diagnostics Market, by Product Type
11.1.2.6.4 US Swine Diagnostics Market, by Sample Type
11.1.2.6.5 US Swine Diagnostics Market, by Disease
11.1.2.6.6 US Swine Diagnostics Market, by End User
11.1.2.7 Canada
11.1.2.7.1 Overview
11.1.2.7.2 Canada Swine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
11.1.2.7.3 Canada Swine Diagnostics Market, by Product Type
11.1.2.7.4 Canada Swine Diagnostics Market, by Sample Type
11.1.2.7.5 Canada Swine Diagnostics Market, by Disease
11.1.2.7.6 Canada Swine Diagnostics Market, by End User
11.1.2.8 Mexico
11.1.2.8.1 Overview
11.1.2.8.2 Mexico Swine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
11.1.2.8.3 Mexico Swine Diagnostics Market, by Product Type
11.1.2.8.4 Mexico Swine Diagnostics Market, by Sample Type
11.1.2.8.5 Mexico Swine Diagnostics Market, by Disease
11.1.2.8.6 Mexico Swine Diagnostics Market, by End User
11.2 Europe Swine Diagnostics Market, Revenue And Forecast To 2030
11.2.1 Overview
11.2.2 Europe Swine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
11.2.2.1 Europe Swine Diagnostics Market, by Product Type
11.2.2.2 Europe Swine Diagnostics Market, by Sample Type
11.2.2.3 Europe Swine Diagnostics Market, by Disease
11.2.2.4 Europe Swine Diagnostics Market, by End User
11.2.2.5 Europe Swine Diagnostics Market, by Country
11.2.2.6 UK
11.2.2.6.1 Overview
11.2.2.6.2 UK Swine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
11.2.2.6.3 UK Swine Diagnostics Market, by Product Type
11.2.2.6.4 UK Swine Diagnostics Market, by Sample Type
11.2.2.6.5 UK Swine Diagnostics Market, by Disease
11.2.2.6.6 UK Swine Diagnostics Market, by End User
11.2.2.7 Germany
11.2.2.7.1 Overview
11.2.2.7.2 Germany Swine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
11.2.2.7.3 Germany Swine Diagnostics Market, by Product Type
11.2.2.7.4 Germany Swine Diagnostics Market, by Sample Type
11.2.2.7.5 Germany Swine Diagnostics Market, by Disease
11.2.2.7.6 Germany Swine Diagnostics Market, by End User
11.2.2.8 France
11.2.2.8.1 Overview
11.2.2.8.2 France Swine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
11.2.2.8.3 France Swine Diagnostics Market, by Product Type
11.2.2.8.4 France Swine Diagnostics Market, by Sample Type
11.2.2.8.5 France Swine Diagnostics Market, by Disease
11.2.2.8.6 France Swine Diagnostics Market, by End User
11.2.2.9 Italy
11.2.2.9.1 Overview
11.2.2.9.2 Italy Swine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
11.2.2.9.3 Italy Swine Diagnostics Market, by Product Type
11.2.2.9.4 Italy Swine Diagnostics Market, by Sample Type
11.2.2.9.5 Italy Swine Diagnostics Market, by Disease
11.2.2.9.6 Italy Swine Diagnostics Market, by End User
11.2.2.10 Spain
11.2.2.10.1 Overview
11.2.2.10.2 Spain Swine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
11.2.2.10.3 Spain Swine Diagnostics Market, by Product Type
11.2.2.10.4 Spain Swine Diagnostics Market, by Sample Type
11.2.2.10.5 Spain Swine Diagnostics Market, by Disease
11.2.2.10.6 Spain Swine Diagnostics Market, by End User
11.2.2.11 Rest of Europe
11.2.2.11.1 Overview
11.2.2.11.2 Rest of Europe Swine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
11.2.2.11.3 Rest of Europe Swine Diagnostics Market, by Product Type
11.2.2.11.4 Rest of Europe Swine Diagnostics Market, by Sample Type
11.2.2.11.5 Rest of Europe Swine Diagnostics Market, by Disease
11.2.2.11.6 Rest of Europe Swine Diagnostics Market, by End User
11.3 Asia Pacific Swine Diagnostics Market, Revenue And Forecast To 2030
11.3.1 Overview
11.3.2 Asia Pacific Swine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
11.3.2.1 Asia Pacific Swine Diagnostics Market, by Product Type
11.3.2.2 Asia Pacific Swine Diagnostics Market, by Sample Type
11.3.2.3 Asia Pacific Swine Diagnostics Market, by Disease
11.3.2.4 Asia Pacific Swine Diagnostics Market, by End User
11.3.2.5 Asia Pacific Swine Diagnostics Market, by Country
11.3.2.6 China
11.3.2.6.1 Overview
11.3.2.6.2 China Swine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
11.3.2.6.3 China Swine Diagnostics Market, by Product Type
11.3.2.6.4 China Swine Diagnostics Market, by Sample Type
11.3.2.6.5 China Swine Diagnostics Market, by Disease
11.3.2.6.6 China Swine Diagnostics Market, by End User
11.3.2.7 Japan
11.3.2.7.1 Overview
11.3.2.7.2 Japan Swine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
11.3.2.7.3 Japan Swine Diagnostics Market, by Product Type
11.3.2.7.4 Japan Swine Diagnostics Market, by Sample Type
11.3.2.7.5 Japan Swine Diagnostics Market, by Disease
11.3.2.7.6 Japan Swine Diagnostics Market, by End User
11.3.2.8 India
11.3.2.8.1 Overview
11.3.2.8.2 India Swine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
11.3.2.8.3 India Swine Diagnostics Market, by Product Type
11.3.2.8.4 India Swine Diagnostics Market, by Sample Type
11.3.2.8.5 India Swine Diagnostics Market, by Disease
11.3.2.8.6 India Swine Diagnostics Market, by End User
11.3.2.9 Australia
11.3.2.9.1 Overview
11.3.2.9.2 Australia Swine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
11.3.2.9.3 Australia Swine Diagnostics Market, by Product Type
11.3.2.9.4 Australia Swine Diagnostics Market, by Sample Type
11.3.2.9.5 Australia Swine Diagnostics Market, by Disease
11.3.2.9.6 Australia Swine Diagnostics Market, by End User
11.3.2.10 South Korea
11.3.2.10.1 Overview
11.3.2.10.2 South Korea Swine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
11.3.2.10.3 South Korea Swine Diagnostics Market, by Product Type
11.3.2.10.4 South Korea Swine Diagnostics Market, by Sample Type
11.3.2.10.5 South Korea Swine Diagnostics Market, by Disease
11.3.2.10.6 South Korea Swine Diagnostics Market, by End User
11.3.2.11 Rest of Asia Pacific
11.3.2.11.1 Overview
11.3.2.11.2 Rest of Asia Pacific Swine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
11.3.2.11.3 Rest of Asia Pacific Swine Diagnostics Market, by Product Type
11.3.2.11.4 Rest of Asia Pacific Swine Diagnostics Market, by Sample Type
11.3.2.11.5 Rest of Asia Pacific Swine Diagnostics Market, by Disease
11.3.2.11.6 Rest of Asia Pacific Swine Diagnostics Market, by End User
11.4 Middle East & Africa Swine Diagnostics Market, Revenue And Forecast To 2030
11.4.1 Overview
11.4.2 Middle East & Africa Swine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
11.4.2.1 Middle East & Africa Swine Diagnostics Market, by Product Type
11.4.2.2 Middle East & Africa Swine Diagnostics Market, by Sample Type
11.4.2.3 Middle East & Africa Swine Diagnostics Market, by Disease
11.4.2.4 Middle East & Africa Swine Diagnostics Market, by End User
11.4.2.5 Middle East & Africa Swine Diagnostics Market, by Country
11.4.2.6 South Africa
11.4.2.6.1 Overview
11.4.2.6.2 South Africa Swine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
11.4.2.6.3 South Africa Swine Diagnostics Market, by Product Type
11.4.2.6.4 South Africa Swine Diagnostics Market, by Sample Type
11.4.2.6.5 South Africa Swine Diagnostics Market, by Disease
11.4.2.6.6 South Africa Swine Diagnostics Market, by End User
11.4.2.7 Israel
11.4.2.7.1 Overview
11.4.2.7.2 Israel Swine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
11.4.2.7.3 Israel Swine Diagnostics Market, by Product Type
11.4.2.7.4 Israel Swine Diagnostics Market, by Sample Type
11.4.2.7.5 Israel Swine Diagnostics Market, by Disease Indication
11.4.2.7.6 Israel Swine Diagnostics Market, by End User
11.4.2.8 Rest of Middle East & Africa
11.4.2.8.1 Overview
11.4.2.8.2 Rest of Middle East & Africa Swine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
11.4.2.8.3 Rest of Middle East & Africa Swine Diagnostics Market, by Product Type
11.4.2.8.4 Rest of Middle East & Africa Swine Diagnostics Market, by Sample Type
11.4.2.8.5 Rest of Middle East & Africa Swine Diagnostics Market, by Disease
11.4.2.8.6 Rest of Middle East & Africa Swine Diagnostics Market, by End User
11.5 South & Central America Swine Diagnostics Market, Revenue And Forecast To 2030
11.5.1 Overview
11.5.2 South & Central America Swine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
11.5.2.1 South & Central America Swine Diagnostics Market, by Product Type
11.5.2.2 South & Central America Swine Diagnostics Market, by Sample Type
11.5.2.3 South & Central America Swine Diagnostics Market, by Disease
11.5.2.4 South & Central America Swine Diagnostics Market, by End User
11.5.2.5 South & Central America Swine Diagnostics Market, by Country
11.5.2.6 Brazil
11.5.2.6.1 Overview
11.5.2.6.2 Brazil Swine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
11.5.2.6.3 Brazil Swine Diagnostics Market, by Product Type
11.5.2.6.4 Brazil Swine Diagnostics Market, by Sample Type
11.5.2.6.5 Brazil Swine Diagnostics Market, by Disease
11.5.2.6.6 Brazil Swine Diagnostics Market, by End User
11.5.2.7 Argentina
11.5.2.7.1 Overview
11.5.2.7.2 Argentina Swine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
11.5.2.7.3 Argentina Swine Diagnostics Market, by Product Type
11.5.2.7.4 Argentina Swine Diagnostics Market, by Sample Type
11.5.2.7.5 Argentina Swine Diagnostics Market, by Disease
11.5.2.7.6 Argentina Swine Diagnostics Market, by End User
11.5.2.8 Rest of South & Central America
11.5.2.8.1 Overview
11.5.2.8.2 Rest of South & Central America Swine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
11.5.2.8.3 Rest of South & Central America Swine Diagnostics Market, by Product Type
11.5.2.8.4 Rest of South & Central America Swine Diagnostics Market, by Sample Type
11.5.2.8.5 Rest of South & Central America Swine Diagnostics Market, by Disease
11.5.2.8.6 Rest of South & Central America Swine Diagnostics Market, by End User
12. Pre & Post Covid-19 Impact
12.1 Pre & Post Covid-19 Impact
13. Swine Diagnostics Market Industry Landscape
13.1 Overview
13.2 Organic Growth Strategies
13.2.1 Overview
13.3 Inorganic Growth Strategies
13.3.1 Overview
14. Company Profiles
14.1 BioCheck BV
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Idexx Laboratories Inc
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Thermo Fisher Scientific Inc
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Zoetis Inc
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 INDICAL BIOSCIENCE GmbH
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Ring Biotechnology Co Ltd
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Innovative Diagnostics SAS
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Neogen Corp
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 SAN Group GmbH
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 Bionote Inc
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
15. Appendix
15.1 About Us
15.2 Glossary of Terms
List of Tables
Table 1. Swine Diagnostics Market Segmentation
Table 2. North America Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Product Type
Table 3. North America Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Sample Type
Table 4. North America Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Disease
Table 5. North America Swine Diagnostics Market Revenue And Forecast To 2028 (US$ Mn) – End User
Table 6. US Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Product Type
Table 7. US Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Sample Type
Table 8. US Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Disease
Table 9. US Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – End User
Table 10. Canada Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Product Type
Table 11. Canada Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Sample Type
Table 12. Canada Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Disease
Table 13. Canada Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – End User
Table 14. Mexico Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Product Type
Table 15. Mexico Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Sample Type
Table 16. Mexico Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Disease
Table 17. Mexico Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – End User
Table 18. Europe Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Product Type
Table 19. Europe Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Sample Type
Table 20. Europe Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Disease
Table 21. Europe Swine Diagnostics Market Revenue And Forecast To 2028 (US$ Mn) – End User
Table 22. UK Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Product Type
Table 23. UK Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Sample Type
Table 24. UK Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Disease
Table 25. UK Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – End User
Table 26. Germany Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Product Type
Table 27. Germany Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Sample Type
Table 28. Germany Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Disease
Table 29. Germany Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – End User
Table 30. France Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Product Type
Table 31. France Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Sample Type
Table 32. France Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Disease
Table 33. France Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – End User
Table 34. Italy Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Product Type
Table 35. Italy Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Sample Type
Table 36. Italy Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Disease
Table 37. Italy Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – End User
Table 38. Spain Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Product Type
Table 39. Spain Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Sample Type
Table 40. Spain Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Disease
Table 41. Spain Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – End User
Table 42. Rest of Europe Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Product Type
Table 43. Rest of Europe Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Sample Type
Table 44. Rest of Europe Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Disease
Table 45. Rest of Europe Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – End User
Table 46. Asia Pacific Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Product Type
Table 47. Asia Pacific Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Sample Type
Table 48. Asia Pacific Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Disease
Table 49. Asia Pacific Swine Diagnostics Market Revenue And Forecast To 2028 (US$ Mn) – End User
Table 50. China Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Product Type
Table 51. China Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Sample Type
Table 52. China Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Disease
Table 53. China Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – End User
Table 54. Japan Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Product Type
Table 55. Japan Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Sample Type
Table 56. Japan Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Disease
Table 57. Japan Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – End User
Table 58. India Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Product Type
Table 59. India Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Sample Type
Table 60. India Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Disease
Table 61. India Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – End User
Table 62. Australia Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Product Type
Table 63. Australia Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Sample Type
Table 64. Australia Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Disease
Table 65. Australia Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – End User
Table 66. South Korea Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Product Type
Table 67. South Korea Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Sample Type
Table 68. South Korea Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Disease
Table 69. South Korea Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – End User
Table 70. Rest of Asia Pacific Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Product Type
Table 71. Rest of Asia Pacific Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Sample Type
Table 72. Rest of Asia Pacific Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Disease
Table 73. Rest of Asia Pacific Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – End User
Table 74. Middle East & Africa Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Product Type
Table 75. Middle East & Africa Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Sample Type
Table 76. Middle East & Africa Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Disease
Table 77. Middle East & Africa Swine Diagnostics Market Revenue And Forecast To 2028 (US$ Mn) – End User
Table 78. South Africa Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Product Type
Table 79. South Africa Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Sample Type
Table 80. South Africa Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Disease
Table 81. South Africa Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – End User
Table 82. Israel Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Product Type
Table 83. Israel Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Sample Type
Table 84. Israel Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Disease Indication
Table 85. Israel Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – End User
Table 86. Rest of Middle East & Africa Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Product Type
Table 87. Rest of Middle East & Africa Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Sample Type
Table 88. Rest of Middle East & Africa Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Disease
Table 89. Rest of Middle East & Africa Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – End User
Table 90. South & Central America Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Product Type
Table 91. South & Central America Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Sample Type
Table 92. South & Central America Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Disease
Table 93. South & Central America Swine Diagnostics Market Revenue And Forecast To 2028 (US$ Mn) – End User
Table 94. Brazil Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Product Type
Table 95. Brazil Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Sample Type
Table 96. Brazil Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Disease
Table 97. Brazil Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – End User
Table 98. Argentina Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Product Type
Table 99. Argentina Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Sample Type
Table 100. Argentina Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Disease
Table 101. Argentina Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – End User
Table 102. Rest of South & Central America Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Product Type
Table 103. Rest of South & Central America Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Sample Type
Table 104. Rest of South & Central America Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – Disease
Table 105. Rest of South & Central America Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn) – End User
Table 106. Recent Organic Growth Strategies in Swine Diagnostics Market
Table 107. Recent Inorganic Growth Strategies in the Swine Diagnostics Market
Table 108. Glossary of Terms, Swine Diagnostics Market
List of Figures
Figure 1. Swine Diagnostics Market Segmentation, By Geography
Figure 2. Global - PEST Analysis
Figure 3. Swine Diagnostics Market - Key Industry Dynamics
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Swine Diagnostics Market Revenue (US$ Mn), 2022 – 2030
Figure 6. Swine Diagnostics Market Revenue Share, by Product Type 2022 & 2030 (%)
Figure 7. Immunoassays Kits: Swine Diagnostics Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 8. PCR Kits: Swine Diagnostics Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 9. Hemagglutination-inhibition (HI): Swine Diagnostics Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 10. Others: Swine Diagnostics Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 11. Swine Diagnostics Market Revenue Share, by Services 2022 & 2030 (%)
Figure 12. Blood: Swine Diagnostics Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 13. Oral Fluids: Swine Diagnostics Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 14. Nasal Swab: Swine Diagnostics Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 15. Tissue Samples: Swine Diagnostics Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 16. Others: Swine Diagnostics Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 17. Swine Diagnostics Market Revenue Share, by Disease 2022 & 2030 (%)
Figure 18. African swine fever (ASF)/Classical swine fever (CSF): Swine Diagnostics Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 19. Respiratory Disease: Swine Diagnostics Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 20. Porcine Circovirus: Swine Diagnostics Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 21. Porcine Epidemic Diarrhoea: Swine Diagnostics Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 22. Swine Dysentery: Swine Diagnostics Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 23. Others: Swine Diagnostics Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 24. Swine Diagnostics Market Revenue Share, by End User 2022 & 2030 (%)
Figure 25. Veterinary Hospitals: Swine Diagnostics Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 26. Veterinary Clinics: Swine Diagnostics Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 27. Others: Swine Diagnostics Market – Revenue and Forecast to 2030 (US$ Thousand)
Figure 28. Swine Diagnostics Market, 2022 ($Thousand)
Figure 29. North America Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn)
Figure 30. North America Swine Diagnostics Market, By Key Countries, 2022 And 2030 (%)
Figure 31. US Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn)
Figure 32. Canada Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn)
Figure 33. Mexico Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn)
Figure 34. Swine Diagnostics Market, 2022 ($Thousand)
Figure 35. Europe Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn)
Figure 36. Europe Swine Diagnostics Market, By Key Countries, 2022 And 2030 (%)
Figure 37. UK Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn)
Figure 38. Germany Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn)
Figure 39. France Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn)
Figure 40. Italy Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn)
Figure 41. Spain Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn)
Figure 42. Rest of Europe Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn)
Figure 43. Swine Diagnostics Market, 2022 ($Thousand)
Figure 44. Asia Pacific Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn)
Figure 45. Asia Pacific Swine Diagnostics Market, By Key Countries, 2022 And 2030 (%)
Figure 46. China Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn)
Figure 47. Japan Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn)
Figure 48. India Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn)
Figure 49. Australia Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn)
Figure 50. South Korea Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn)
Figure 51. Rest of Asia Pacific Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn)
Figure 52. Swine Diagnostics Market, 2022 ($Thousand)
Figure 53. Middle East & Africa Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn)
Figure 54. Middle East & Africa Swine Diagnostics Market, By Key Countries, 2022 And 2030 (%)
Figure 55. South Africa Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn)
Figure 56. Israel Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn)
Figure 57. Rest of Middle East & Africa Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn)
Figure 58. Swine Diagnostics Market, 2022 ($Thousand)
Figure 59. South & Central America Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn)
Figure 60. South & Central America Swine Diagnostics Market, By Key Countries, 2022 And 2030 (%)
Figure 61. Brazil Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn)
Figure 62. Argentina Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn)
Figure 63. Rest of South & Central America Swine Diagnostics Market Revenue And Forecast to 2030 (US$ Mn)
Figure 64. Pre & Post Covid-19 Impact
The List of Companies - Swine Diagnostics Market
- BioCheck BV
- Idexx Laboratories Inc
- Thermo Fisher Scientific Inc
- Zoetis Inc
- Neogen Corp
- INDICAL BIOSCIENCE GmbH
- Ring Biotechnology Co Ltd
- Innovative Diagnostics SAS
- SAN Group GmbH
- Bionote Inc
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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