Companion Animal Diagnostics Market Size, SWOT Analysis, Major Key Vendors and Top Trends 2030
The global Companion Animal Diagnostics market report employs an extremely extensive and perceptive process that analyzes statistical data relating to services and products offered in the market. The research study is a pivotal document in understanding the needs and wants of the clients. The report is comprised of significant data about the leading companies and their marketing strategies. The Companion Animal Diagnostics industry is witnessing an expansion and change of dynamics owing to the entry of several new players.
The market for companion animal diagnostics was valued at $5.12 billion globally in 2021 and is anticipated to grow at a rate of 9.7% during the forecast period. Key drivers influencing market revenue growth include the rising need for pet insurance, a preference for quick tests and portable equipment for Point-of-Care (PoC) diagnostic testing for animals, as well as an increase in the frequency of multiplex and zoonotic infections.
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