Veterinary
Laboratory Testing Services Market: Overview
Veterinary laboratory testing is
referred as the test that is performed for the detection of disease in an
animal. The veterinary clinical laboratory industry looks similar to human
counterparts. Nearly all the modern clinical laboratory instrument and
technologies are widely utilized in the veterinary laboratory marketplace.
Compared to human laboratory testing the veterinary laboratory testing market
is very daunting. Service level in veterinary
laboratory testing market is more challenging as compared to human
laboratory industry. Veterinarians are rarely asked to routine laboratory
examination for the animals. When veterinarians refer a specimen to a
laboratory it signifies that the treated animal is in a critical condition or
in a life threatening situation.
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Veterinary
Laboratory Testing Services Market: Segmentation
The global market for veterinary
laboratory testing can be segmented as:
·
By Method Types
o
ELISA/cELISA
o
Lateral flow tests
o
IFA/IFAT
o
Complement fixation
o
Agglutination
o
Tuberculosis testing
o
Western blot
o
Molecular tests
o
PCR/qPCR
o
Microarrays/Biochips
o
Blots
o
Clinical chemistry
o
Hematology
o
Assay validation
Assay validation and reference range
establishment is a very challenging task in human clinical laboratory while the
same task can be done easily in veterinary laboratory. Most of the modern
instruments used in clinical laboratories are readily utilized in veterinary
laboratories in recent times.
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Veterinary
Laboratory Testing Services Market: Trends and Drivers
Globally, daily disposable income of
an individual is increasing rapidly. Thus, the adoption rate of dogs and cats
is increasing significantly with increasing disposable income of the global
population. Likewise, with increasing adoption rate of dogs and cats the global
market for veterinary laboratory testing will also increase. Moreover,
prevalence of zoonotic diseases is on the rise among global population. Thus,
it is necessary to perform routine examination laboratory test for pet animals.
Moreover, with the rising prevalence
of zoonotic diseases the global market for veterinary laboratory testing
services will also increase. The cost is very high for veterinary diagnostic
product and services is a factor that would restrict the global market demand
of veterinary diagnostic testing services market to some extent. Moreover, lack
of awareness about veterinary laboratory testing in few of the developing
nations is also a factor that might restrict its demand in the global
veterinary laboratory testing services market.
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Veterinary
Laboratory Testing Services Market: Regional Overview
Geographically, North America
dominates the global market for veterinary laboratory testing services due to
increasing demand for laboratory based diagnostic test for animals. Moreover,
increasing awareness among people about laboratory based diagnostic for pet
animals will also accentuate the market in North American region.
Europe represents the second position
in the global market due to technological advancement and increasing awareness
among people. Asia–Pacific is considered as an emerging market in the global
veterinary laboratory testing services market due to large number of animals
(cow, buffalo and goat) suffering from various diseases.
Moreover, the market for veterinary
laboratory testing services is at its initial stage in Asian countries. Thus,
it is expected that Asia–Pacific will contribute a significant market share
during the forecast period. Rest of the World (RoW) region is considered as an
untapped market in the global veterinary laboratory testing services market.
Veterinary
Laboratory Testing Services Market: Key Players
Major market players contributing the
global market share of veterinary laboratory testing services include Heska
Corporation, Life Technologies Corporation, Pfizer Animal Health, IDEXX
Laboratories Inc., Prionics AG, Abaxis Corporation and Other Market
Participants.
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