Livestock Diagnostics Market

Antiparasitics in Animal
Health: Livestock

Global Livestock Diagnostics Market – 2019-2027
Livestock Diagnostics Market by Product (Consumables, Systems, Software), Technology
(Immunodiagnostics, Molecular Diagnostics), Animal Type (Ruminants, Poultry, Swine), End
User (Reference Lab, Veterinary Hospital and Clinic, POC) - Forecast to 2027
According to this latest publication from Meticulous Research ® , the livestock diagnostics market is
expected to grow at a CAGR of 7.8% between 2019-2027 to reach $1.85 billion by 2027. The high
growth of livestock diagnostics market is mainly attributed to the rising demand for livestock derived
food products, rising prevalence of food borne and zoonotic diseases, favorable government initiatives,
and advancements in the veterinary diagnostics field.
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The overall livestock diagnostics market study presents historical market data in terms of value (2017
and 2018), estimated current data (2019), and forecasts for 2027 - by product [consumables (by
diseases - bovine viral diarrhea (BVD), influenza, foot and mouth diseases (FMD), and other diseases),
systems, software], technology [immunodiagnostics (including ELISA tests and other
immunodiagnostic tests), molecular diagnostics (including polymerase chain reaction, and other
molecular diagnostic tests), and other technologies], animal type [ruminants, poultry, swine, and other
animals (including equine and fish)], end user [veterinary hospitals and clinics, reference lab, point of
care). The study also evaluates industry competitors and analyzes the market at regional and country
level.
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Global Livestock Diagnostics Market – 2019-2027
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Scope of the report:
Livestock Diagnostics Market, by Product Type
• Consumables
o Consumables Market, By Diseases
• Bovine Viral Diarrhea (BVD)
• Influenza
• Foot and Mouth Diseases (FMD)
• Other Diseases
• Systems
• Software
Livestock Diagnostics Market, by Technology
• Immunodiagnostics
o ELISA (Enzyme-Linked Immunosorbent Assay) Tests
o Other Immunodiagnostic Tests
• Molecular Diagnostics
o Polymerase Chain Reaction Tests
o Other Molecular Diagnostic Tests
• Other Technologies
(Other technologies include agar gel immunodiffusion, hemagglutination inhibition, rapid
immuno migration tests)
Livestock Diagnostics Market, by Animal Type
• Ruminants
• Swine
• Poultry
• Other Animals
(Other animals include equine and fishes.)
Livestock Diagnostics Market, by End User
• Reference Laboratories
• Veterinary Hospitals & Clinics
• Research & Academic Institutes
• Point-Of-Care/In-House Testing
Livestock Diagnostics Market, by Geography
• North America
o U.S.
o Canada
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Global Livestock Diagnostics Market – 2019-2027
• Europe
o Germany
o France
o U.K.
o Spain
o Italy
o Rest of Europe (RoE)
• Asia-Pacific (APAC)
o Japan
o China
o India
o Rest of APAC (RoAPAC)
• Latin America
• Middle East & Africa
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On the basis of product, the consumables segment accounted for the largest share of the overall
livestock diagnostics market in 2019. This segment is projected to grow at the fastest CAGR during
the forecast period. The commercial availability of diverse range of reagents and consumables for the
diagnosis of various diseases and animal health screening; their expenses being recurrent in nature;
and growing awareness leading to its frequent use are some of the key factors propelling the growth
of this product segment. Moreover, emergence of various POC tests and assays serves as significant
opportunity for the players operating in the livestock diagnostic consumables market.
On the basis of technology, ELISA technology-based tests accounted for the largest share of the
overall livestock diagnostics market in 2019 and expected to register the fastest growth during 2019-
2027. Some of the key factors fueling the growth of this segment are continuous development of new
biomarkers, cost benefit, high accuracy and sensitivity, and growing adoption of automated platforms
for ELISA.
On the basis of animal type, the overall livestock diagnostics market is segmented into ruminants,
swine, poultry, and other animals. In 2019, ruminants segment dominated the overall livestock
diagnostics market. This is mainly attributed to the availability of wide number of commercialized
diagnostic products for all types of ruminants, prevalence of various infectious diseases in ruminants,
growing consumption of food products derived from cattle and goats, and initiatives & schemes
undertaken by the governments for improving the health of these animals.
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Geographic Review:
This research report analyzes major geographies and provides comprehensive analysis for North
America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain, and Rest of Europe), Asia-
Pacific (Japan, China, India, and RoAPAC), Latin America, and the Middle East & Africa. North
America commanded the largest share of the global livestock diagnostics market in 2019, followed by
Europe and Asia Pacific. Increasing awareness for animal disease diagnosis, and increased spending
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Global Livestock Diagnostics Market – 2019-2027
on farm animals is accelerating the livestock diagnostics market in the North American region.
However, Asia Pacific region is expected to grow at the highest CAGR during the forecast period due
to large population of livestock animals, rising incidence of various diseases in animals, and growing
veterinary expenditure in this region.
Key Players:
The key players operating in the global livestock diagnostics market are IDEXX Laboratories, Inc.
(U.S.), Zoetis Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.),
bioMérieux S.A. (France), Qiagen N.V. (Netherlands), Agrolabo Spa (Italy), Neogen Corporation
(U.S.), IDvet (France), and GD Animal Health (Netherlands) among others.
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Key questions answered in the report
• Which are the high growth market segments in terms of product, technology, animal type, end -
users, and region/countries?
• What was the historical market for livestock diagnostics across the globe?
• What are the market forecasts and estimates for the period 2019-2027?
• What are the major drivers, restraints, opportunities, and challenges in the global livestock
diagnostics market?
• Who are the major players in the livestock diagnostics market?
• How is the competitive landscape and who are the market leaders in the global livestock
diagnostics market?
• What are the recent developments in the global livestock diagnostics market?
• What are the different strategies adopted by the major players in the global livestock
diagnostics market?
• What are the geographical trends and high growth regions/ countries?
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