Technavio has been monitoring the veterinary rapid tests market and it is poised to grow by USD 228.69 billion during 2020-2024, progressing at a CAGR of almost 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Veterinary Rapid Tests Market 2020-2024 (Graphic: Business Wire)
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Request for Technavio's latest reports on directly and indirectly impacted markets. Market estimates include pre- and post-COVID-19 impact on the Veterinary Rapid Tests Market Download free sample report
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. BioNote Inc., Biopanda Reagents Ltd., Fassisi, Society for Veterinary Diagnostics and Environmental Analysis mbH, Heska Corp., IDEXX Laboratories Inc., MEGACOR Diagnostik GmbH, SWISSAVANS AG, Virbac SA, Woodley Equipment Co. Ltd., and Zoetis Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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The increasing prevalence of zoonotic diseases has been instrumental in driving the growth of the market. However, the low awareness about animal health in developing and underdeveloped countries might hamper market growth.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/global-veterinary-rapid-tests-market-industry-analysis
Veterinary Rapid Tests Market 2020-2024: Segmentation
Veterinary Rapid Tests Market is segmented as below:
Type
Companion Animals
Livestock
Geography
Asia
Europe
MEA
North America
ROW
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Veterinary Rapid Tests Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our veterinary rapid tests market report covers the following areas:
Veterinary Rapid Tests Market Size
Veterinary Rapid Tests Market Trends
Veterinary Rapid Tests Market Industry Analysis
This study identifies the rising adoption of companion animals as one of the prime reasons driving the veterinary rapid tests market growth during the next few years.
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Veterinary Rapid Tests Market 2020-2024: Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist veterinary rapid tests market growth during the next five years
Estimation of the veterinary rapid tests market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the veterinary rapid tests market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of veterinary rapid tests market vendors
Table of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
2.1 Preface
2.2 Preface
2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Value chain analysis
Market segmentation analysis
PART 04: MARKET SIZING
Market definition
Market sizing 2019
Market size and forecast 2019-2024
Market outlook
PART 05: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 06: CUSTOMER LANDSCAPE
PART 07: GEOGRAPHIC LANDSCAPE
Geographic segmentation
Geographic comparison
North America Market size and forecast 2019-2024
Europe Market size and forecast 2019-2024
Asia Market size and forecast 2019-2024
ROW Market size and forecast 2019-2024
Key leading countries
Market opportunity
PART 08: MARKET SEGMENTATION BY ANIMAL TYPE
Market segmentation by animal type
Comparison by animal type
Companion animals Market size and forecast 2019-2024
Livestock Market size and forecast 2019-2024
Market opportunity by animal type
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 11: MARKET TRENDS
Growing presence of veterinary clinics and hospitals
Increasing funding for and investments in veterinary health
Growing adoption of companion animals
PART 12: VENDOR LANDSCAPE
Overview
Landscape disruption
Competitive scenario
PART 13: VENDOR ANALYSIS
Vendors covered
Vendor classification
Market positioning of vendors
BioNote Inc.
Biopanda Reagents Ltd.
Fassisi, Society for Veterinary Diagnostics and Environmental Analysis mbH
Heska Corp.
IDEXX Laboratories Inc.
MEGACOR Diagnostik GmbH
SWISSAVANS AG
Virbac SA
Woodley Equipment Co. Ltd.
Zoetis Inc.
PART 14: APPENDIX
Research methodology
List of abbreviations
Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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