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Future impact of global poultry diagnostics market detailed in new research report

The global poultry diagnostics market is estimated to reach USD xx.xx Million by 2017 from USD xx.xx Million in 2022, at a CAGR of 12.5%.

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The majority of the demand for testing kits such as ELISA and PCR tests is driven by the increase in disease outbreaks in poultry, rising prevalence of zoonotic diseases, and growing demand for poultry-derived food products.

In addition, the diagnostic monitoring of bacterial avian disease on a regular basis in regions like Europe is further driving the overall growth of the market. Emerging regions such as Asia-Pacific offer an added potential due to the large livestock population in this region, growing demand of poultry-derived food products, and increasing awareness about animal health.

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It is also expected to grow at the highest CAGR during the forecast period. This can be attributed to the wide use of ELISA tests for preliminary screening of all avian diseases coupled with their high sensitivity, specificity, and cost-effective nature.

These tests are the most preferred for fast and accurate results. The disease type is also expected to register the fastest growth in the poultry diagnostics market during the forecast period.

This is due to the recent surge in avian influenza outbreaks in countries like the U.S., Canada, and China. This has led to the adoption of various test kits to detect and combat its spread.

This report provides valuable information for companies like manufacturers, suppliers, distributors, traders, customers, investors and individuals who have interests in this industry.

Major companies are as follows:
Idexx Laboratories
Zoetis
Thermo Fisher Scientific
Qiagen N.V.
GD Animal Health
IDVet
Affinitech
Agrobiotek Internacional
Biochek
Bionote

Geographically, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific region is expected to witness the highest growth during the forecast period.

Growth in this region can be attributed to the large livestock population in this region, growing demand of poultry-derived food products, increasing awareness about animal health, and growing per capita animal health expenditure, especially in India and China.

Technological advancements in animal health are the key driver and is expected to serve as future growth opportunities. The advent of efficient animal owner's mobile technology, information management systems and vaccine banks are the key advancements.

The rising number of government initiatives to promote animal health products is presumed to drive the overall market growth during the forecast period.

Major regions are as follows:
Russia
China
Brazil
India
South Africa

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