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(MoneyNewsWire.Net, January 16, 2018 ) According to the report Middle-East & Africa Veterinary Diagnostics Market, published by Market Data Forecast, The Market which has been at $237.22 Million in 2015 is expected to grow with a CAGR of 8.63% to reach $358.9 million by 2020.
Veterinary Diagnostics provide tools for effective testing of animal health conditions to undertake preventative or remedial measures.
Browse market data tables and in-depth TOC of the Middle-East and Africa Veterinary Diagnostics Market to 2020 @ https://www.marketdataforecast.com/market-reports/middle-east-and-africa-veterinary-diagnostics-market-90/
For instance, lateral flow and other rapid tests are used in veterinary medicine to test commercial livestock (large animals - cows, poultry, sheep, pigs, etc.) and household pets (cats, dogs, etc.) to test for the presence of a variety of medical conditions caused by bacteria, viruses, allergies, and fertility issues. Food animal diagnostics assist in livestock and production animal preventive care and complement other measures such as vaccination and selective breeding. Veterinary diagnostic products are as complex as they are difficult to manufacture. Many of the tests the veterinarian uses to diagnose disease require highly specialized instruments or equipment. In other cases, specific training is required for the technicians performing the tests.
Middle-East & Africa market for Immunodiagnostics is expected to grow at a higher CAGR due to the increase in the number of foodborne diseases affecting the animals and the need to perform various tests has increased gradually. In turn, the market for Molecular diagnostics is expected to grow at a higher than that of Immunodiagnostics due to the wide scope it provides over the likes of immunodiagnostics. Increase in purchase and usage of various diagnostic instruments that are utilized in veterinary practices, in-clinic diagnostic procedures, high income households that keep pets and regularly visit veterinary laboratories are propelling the growth of this market. However, increasing adoption of vegetarian food due to changing food habits, the economic downturn, the increasing risk of obesity, exposure to global cuisines, and other diseases are some of the factors affecting the growth.
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Middle-East and Africa Veterinary Diagnostics Market: Segmentation
By Product
Clinical Chemistry
o Urine Analysis
o Glucose Monitoring
o Blood Gas Electrolyte Analysis
Molecular Diagnostics
o Micro Arrays
o PCR Tests
o Other Molecular Diagnostics Tests
Haemotology
o HaemotologyAnalysers
o HaemotologyCatridges
Diagnostic Imaging
o Radiography Systems
o Ultrasound Imaging Systems
o CT Scanners
o MRI Scanners
Immunodiagnostics
o Immunoassay Analysers
o ELISA Tests
o Lateral-Flow Strip Readers
o Lateral-Flow Rapid Tests
o Allergen specific Immunodiagnostic Tests
By Animals
Companion Animals
o Canine Diagnostics
o Feline Diagnostics
o Other Veterinary Diagnostics
Food-Producing Animals
o Bovine Diagnostics
o Porcine Diagnostics
o Ovine Diagnostics
o Poultry Diagnostics
o Piscine Diagnostics
On the basis of geography, the Middle-East & Africa Market is analysed under major regions namely, Middle-East and Africa.
Some of the key players in the industry include VCA Inc., Heska Corporation, Abaxis, Inc., VIRBAC, IDEXX Laboratories, Inc., Life Technologies Corporation, Bio-Rad Laboratories Inc., Prionics AG, and Pfizer, Inc.
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Reasons to buy Middle-East and Africa Veterinary Diagnostics Market Report:
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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