Veterinary Rapid Test Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

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Veterinary Rapid Test Market: By Product (Rapid Test Kit and Rapid Test Readers), By Application (On-Trade (Viral, Bacterial, Parasite, and Allergies), By Animal Type (Companion Animals and Livestock Animals), and Geography

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Description
Table Of Content
Company Profile

Report

Description

Veterinary Rapid Test Market size is valued at USD 672.07 million in 2021. It is expected to reach a value of USD 1084.38 million by 2028, growing at a CAGR of 8.2% from 2022-2028. The rising prevalence of infectious diseases in companion animals, such as parasite infections and the influenza virus, will drive demand for veterinary quick testing even higher. Animal injuries are becoming more common, animal healthcare costs are rising, and pet adoption is on the rise all over the world, accelerating industry growth. However, high veterinary treatment expenses may limit the growth of the veterinary quick tests market over the forecast period. Due to technical developments in quick test kits, the rapid test kits category is expected to hold a considerable revenue share. During the projection period, a surge in demand for fast test kits, such as ELISA kits, tumour marker test kits, allergy test kits, and others, will drive revenue growth. Simple, cost-effective, and simple-to-use quick tests are now available. Over the next few years, kits that allow for the rapid identification of medical disorders will become more popular.

Veterinary Rapid Test Market

MARKET SUMMARY

8.2%

Study Period– 2022 – 2028
Base Year– 2021
CAGR– 8.2%
Largest Market– Asia-Pacific
Fastest Growing Market– Europe

Veterinary Rapid Test Market

The global veterinary rapid Test market report gives comprehensive outlook on Veterinary Rapid Test Market across the globe with special emphasis on key regions such as Asia Pacific, North America, Europe, Latin America, and Middle East and Africa.
The report on global veterinary rapid Test market gives historical, current, and future market sizes (US$ Mn) on the basis of type, end-user and Region.

key players

Zoetis, Inc.
Heska Corporation
Fassisi GmbH
Virbac
IDEXX Laboratories, Inc.

Veterinary Rapid Test Market

DRIVERS AND RESTRAINTS

Increase in prevalence of zoonotic diseases in urbanized and emerging economies are expected to surge demand for rapid diagnostic tests of diseases is anticipated to fuel the growth of the market. For instance, according International Livestock Research, zoonotic diseases are the main problems in the path out of poverty for one billion livestock caretakers. There is growing demand for effective test kits and other products is projected to boost the growth of the market over the future years.

Asia Pacific got significant share

Veterinary Rapid Test Market

Asia Pacific is leading the global market and is expected to grow with significant CAGR owing to growth in pet ownership and increase in focus towards animal health, rise in number of government initiative to encourage animal health in the emerging economies of the region such as China, India, and Indonesia. According to estimates, the number of animal lovers in the region has been increased over the past years and the number of pets has increased promptly in countries like China. In 2018, According to the China Pet Industry, a common study issued Goumin.com, and Pet Fair Asia online pet community, there are almost 92 million canines and felines as pets in the urban areas of China.

Latin-America

North-America

Europe

Asia-Pacific

Middle East

Key

Features of the Report

The report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
The report tracks recent innovations, key developments and startup’s details that are actively working in the market
The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Veterinary Rapid Test Market Segmentation

By Product Type

Rapid Test Kit
Rapid Test Readers

Distribution Channel

Viral
Bacterial
Parasite
Allergies

By Geography

North America

US
Canada

Europe

Germany
France
UK
Italy
Spain
Russia
Poland
Rest of Europe

Asia-Pacific

Japan
China
India
Australia & New Zealand
ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
South Korea
Rest of Asia-Pacific

Latin America

Brazil
Mexico
Argentina
Venezuela
Rest of Latin America

Middle East and Africa (MEA)

Gulf Cooperation Council (GCC) Countries
Israel
South Africa
Rest of MEA

Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

Report

Table Of Content

Table of Content

Executive Summary
Global Veterinary Rapid Test Market Introduction
- Global Veterinary Rapid Test Market – Taxonomy
- Global Veterinary Rapid Test Market –Definitions
  - Product
  - Animal Type
  - Application

Global Veterinary Rapid Test Market Dynamics
- Drivers
- Restraints
- Opportunities/Unmet Needs of the Market
- Trends
- Global Veterinary Rapid Test Market Dynamic Factors – Impact Analysis
- Global Veterinary Rapid Test Market – Competition Landscape
Global Veterinary Rapid Test Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026
- Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%)
- Market Opportunity Analysis
Global Veterinary Rapid Test Market, By Product, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
- Rapid Test Readers
  - Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Rapid Test Kits
  - Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis

Global Veterinary Rapid Test Market Forecast, By Animal Type, 2015 – 2019 and Forecast, 2020 – 2026
- Livestock Animals
  - Swine
    - Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
    - Market Opportunity Analysis
  - Cattle
    - Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
    - Market Opportunity Analysis
  - Poultry
    - Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
    - Market Opportunity Analysis
  - Other Livestock Animals
    - Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
    - Market Opportunity Analysis
  - Companion Animals
    - Dogs
      - Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      - Market Opportunity Analysis
    - Horses
      - Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      - Market Opportunity Analysis
    - Cats
      - Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      - Market Opportunity Analysis
    - Other Companion Animals
      - Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      - Market Opportunity Analysis

Global Veterinary Rapid Test Market Forecast, By Application, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
- Bacterial Diseases
  - Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Allergies
  - Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Parasitic Diseases
  - Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Viral Diseases
  - Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Other Applications
  - Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis

Global Veterinary Rapid Test Market Forecast, By Region, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
- North America
  - Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Europe
  - Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Asia-Pacific
  - Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Latin America
  - Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Middle East and Africa
  - Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Global Veterinary Rapid Test Market – Opportunity Analysis Index, By Product, Animal Type, Application and Region, 2020 – 2026
North America Veterinary Rapid Test Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
- Product Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  - Rapid Test Readers
  - Rapid Test Kits
- Animal Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  - Livestock Animals
    - Swine
    - Cattle
    - Poultry
    - Other Livestock Animals
  - Companion Animals
    - Dogs
    - Horses
    - Cats
    - Other Companion Animals
  - Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
    - Bacterial Diseases
    - Allergies
    - Parasitic Diseases
    - Viral Diseases
    - Other Applications
  - Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
    - US
    - Canada
  - North America Veterinary Rapid Test Market – Opportunity Analysis Index, By Product, Animal Type, Application and Country, 2020 – 2026
  - North America Veterinary Rapid Test Market Dynamics – Trends

Europe Veterinary Rapid Test Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
- Product Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  - Rapid Test Readers
  - Rapid Test Kits
- Animal Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  - Livestock Animals
    - Swine
    - Cattle
    - Poultry
    - Other Livestock Animals
  - Companion Animals
    - Dogs
    - Horses
    - Cats
    - Other Companion Animals
  - Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
    - Bacterial Diseases
    - Allergies
    - Parasitic Diseases
    - Viral Diseases
    - Other Applications
  - Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
    - Germany
    - UK
    - France
    - Spain
    - Italy
    - Russia
    - Poland
    - Rest of Europe
  - Europe Veterinary Rapid Test Market – Opportunity Analysis Index, By Product, Animal Type, Application and Country, 2020 – 2026
  - Europe Veterinary Rapid Test Market Dynamics – Trends

Asia-Pacific Veterinary Rapid Test Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
- Product Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  - Rapid Test Readers
  - Rapid Test Kits
- Animal Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  - Livestock Animals
    - Swine
    - Cattle
    - Poultry
    - Other Livestock Animals
  - Companion Animals
    - Dogs
    - Horses
    - Cats
    - Other Companion Animals
  - Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
    - Bacterial Diseases
    - Allergies
    - Parasitic Diseases
    - Viral Diseases
    - Other Applications
  - Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
    - Japan
    - China
    - India
    - ASEAN
    - Australia & New Zealand
    - Rest of Asia-Pacific
  - Asia-Pacific Veterinary Rapid Test Market – Opportunity Analysis Index, By Product, Animal Type, Application and Country, 2020 – 2026
  - Asia-Pacific Veterinary Rapid Test Market Dynamics – Trends

Latin America Veterinary Rapid Test Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
- Product Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  - Rapid Test Readers
  - Rapid Test Kits
- Animal Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  - Livestock Animals
    - Swine
    - Cattle
    - Poultry
    - Other Livestock Animals
  - Companion Animals
    - Dogs
    - Horses
    - Cats
    - Other Companion Animals
  - Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
    - Bacterial Diseases
    - Allergies
    - Parasitic Diseases
    - Viral Diseases
    - Other Applications
  - Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
    - Brazil
    - Mexico
    - Argentina
    - Rest of Latin America
  - Latin America Veterinary Rapid Test Market – Opportunity Analysis Index, By Product, Animal Type, Application and Country, 2020 – 2026
  - Latin America Veterinary Rapid Test Market Dynamics – Trends

Middle East and Africa Veterinary Rapid Test Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
- Product Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  - Rapid Test Readers
  - Rapid Test Kits
- Animal Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
  - Livestock Animals
    - Swine
    - Cattle
    - Poultry
    - Other Livestock Animals
  - Companion Animals
    - Dogs
    - Horses
    - Cats
    - Other Companion Animals
  - Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
    - Bacterial Diseases
    - Allergies
    - Parasitic Diseases
    - Viral Diseases
    - Other Applications
  - Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
    - Gulf Cooperation Council (GCC) Countries
    - Israel
    - South Africa
    - Rest of MEA
  - MEA Veterinary Rapid Test Market – Opportunity Analysis Index, By Product, Animal Type, Application and Country, 2020 – 2026
  - MEA Veterinary Rapid Test Market Dynamics – Trends

Competition Landscape
- Strategic Dashboard of Top Market Players
- Company Profiles (Introduction, Financial Analysis, Product & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
  - Zoetis Inc. (US)
  - IDEXX Laboratories Inc. (US)
  - Heska Corporation (US)
  - Biopanda Reagents Ltd. (UK)
  - Fassisi GmbH (Germany)
  - Virbac (France)
  - (South Korea)
  - SWISSAVANS AG (Switzerland)
  - MEGACOR Diagnostik GmbH (Austria)
  - Woodley Equipment Company (UK).

Research Methodology
Key Assumptions and Acronyms

Description

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Veterinary Rapid Test Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

Description

Veterinary Rapid Test Market

DRIVERS AND RESTRAINTS

Veterinary Rapid Test Market

Features of the Report

By Product Type

Distribution Channel

By Geography

GEOGRAPHY

Frequently Asked Questions

Table Of Content

Company Profile

Description

Product categories

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