Top players in poultry diagnostics market are IDEXX Laboratories, Inc. (U.S.), QIAGEN N.V. (Netherlands), Thermo Fisher Scientific Inc. (U.S.), Zoetis, Inc. (U.S.), GD Animal Health (Netherlands), IDvet (France), AffiniTech, LTD. (U.S.), AgroBioTek Internacional (Honduras), Bio Note, Inc. (South Korea), BioChek (Netherlands), Boehringer Ingelheim (Germany), MEGACOR Diagnostik GmbH (Germany), and BioinGentech Biotechnologies, Inc. (Chile).
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The global poultry diagnostics market projected to reach USD 495.3 Million by 2022 from USD 300.6 Million in 2017, growing at a CAGR of 10.5%. In poultry diagnostic market report factors like rising demand for poultry-derived food products across geographies & increasing animal healthcare expenditure in emerging countries are also contributing to growth of market.
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The rise in demand for poultry-derived products across the world is a major growth driver for the poultry diagnostics market.
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The rising demand for poultry-derived products is expected to increase the adoption of various diagnostic equipment, which would, in turn, propel the growth of the market over the forecast period. The focus of report is on providing quantitative information for clients seeking market size information on various segments of the poultry diagnostics market.
It provides the current and forecast assessment of the global poultry diagnostics market.
The poultry diagnostics market is segmented on the basis of product (test type and disease type), service, and region. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, recent developments, and key market strategies.
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Poultry diagnostic players can seek healthy opportunities in countries such as Brazil, India, and China. The rising outbreak of avian influenza in countries such as China, Canada, and the U.S is expected to push the adoption of poultry diagnostics in these countries.
Asia Pacific is also expected to exhibit a strong demand for poultry diagnostics owing to a sizeable livestock population and rising demand for poultry-based products.
4.1 Poultry Diagnostics: Market Overview
4.2 Poultry Diagnostics Market: By Test Type and Service (2016)
4.3 Market: Geographic Growth Opportunities
4.4 Market: Regional Mix
5.2 Market Dynamics
5.2.1 Key Market Drivers
188.8.131.52 Increasing Disease Outbreaks in Poultry
184.108.40.206 Rising Demand for Poultry-Derived Food Products
5.2.2 Key Market Restraint
220.127.116.11 High Poultry Production Costs
5.2.3 Key Market Opportunity
18.104.22.168 Untapped Emerging Markets
5.2.4 Key Challenge
22.214.171.124 Lack of Animal Health Awareness in Emerging Markets
5.3 Industry Trends
5.3.1 Outsourcing Diagnostic Testing Services to Reference Labs
5.3.2 Rising Number of Research Collaborations
Poultry diagnostics market report will enrich both established firms as well as new entrants/smaller firms to gauge pulse of market, which in turn will help firms, garner a greater share. Firms purchasing report could use any one or combination of below-mentioned five strategies for increasing their market shares.
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Geographically, poultry diagnostics market segmented into North America, Europe, Asia-Pacific, & Rest of the World. Asia-Pacific region expected to witness highest growth during 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.
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