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Global Farm Animal Diagnostics Market to Reach $4,215 Million by 2022

According to Stratistics MRC, the Farm Animal Diagnostics market accounted for $2,570 million in 2015 and is expected to reach $4,215 million by 2022 growing at a CAGR of 7.3% from 2015 to 2022. The up surging zoonotic and food borne diseases, rise in the number of farms driven by the growing demand for protein rich food, increasing awareness in developing nations towards animal health, advancement in the diagnostic technologies are some of the major factors driving the market growth. However, the high cost of the diagnostic equipment leading to financial hesitation is inhibiting the market growth.

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North America commands the largest share of around 40% of the farm animal market strongly driven by the cattle segment. Latin American and Asia Pacific regions are expected to grow at the highest CAGR during the forecast period. The favourable growth is attributed to increasing importance given to animal health by the livestock breeders across the emerging nations.

Some of the key players in the market include Thermo Fisher Scientific Inc, IDEXX Laboratories, Inc., IDVET, HESKA Corporation, ABAXIS, Inc., Mindray Medical International Ltd., Elanco, Neogen Corporation, Boehringer Ingelheim, Virbac SA, VCA Antech, Inc., Zoetis, Inc. and Merck.

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Animal Type Covered:
Sheep
Poultry
Swine
Fish
Cattle

Products Covered:
Microbiology
Hematology Analyzers
Diagnostic Imaging
Nuclear Imaging
MRI Scanning
Ultrasound Imaging
Other Diagnostic Imaging
Immunodiagnostic Tests
Elisa Tests
Other Immunodiagnostic Tests
Molecular Diagnostic Tests
Microarrays
Polymerase Chain Reaction (PCR)
Other Molecular Diagnostic Tests
Clinical Chemistry
Urine Analyzers
Other Clinical Chemistry Tests
Other Farm Animal Diagnostics

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt

What our report offers:
Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements

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