Asia Pacific Companion Animal Diagnostics Market Analysis, Size, and Share by 2027

Historic Data: 2017-2018 | Base Year: 2019 | Forecast Period: 2020-2027

Asia Pacific Companion Animal Diagnostics Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Technology (Immunodiagnostics, Clinical Biochemistry, Hematology, Urinalysis, Molecular Diagnostics, Others); Application (Bacteriology, Clinical Pathology, Virology, Parasitology, Others); Animal Type (Dogs, Cats, Horses, Others); End User (Diagnostic Laboratories, Veterinary Hospitals and Clinics, Research Institutes and Universities), and Country

Report Date : Aug 2020
Report Code : TIPRE00013022

Category : Life Sciences
Status : Published

Available Report Formats :
No. of Pages : 148

Page Updated: Oct 2020

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The Asia Pacificcompanion animal diagnostics marketis expected to reach US$ 598.2 million by 2027 from US$ 435.7 million in 2019; it is estimated to grow at a CAGR of 4.6% from 2020 to 2027.

The key factors driving the growth of companion animal diagnostics are growing prevalence of chronic diseases in pet animals and increasing adoption of pet animals in the region. However, rising pet care costs is the major factor hindering the market growth in Asia Pacific.

The companion animal diagnostics product takes care of the diagnosis of different of diseases in the pet animals. These product deals with the epidemiology and pathogenesis of the domestic animal and prevents further complications with health of the pet as well as the owner. These products are normally used for the animals like cats, dogs, horses.

The increasing demand for rapid tests, portable instruments and the use of advanced technologies like machine learning is offering potential growth opportunities for Asia Pacific Companion Animal Diagnostics market players in the companion health animal diagnostics market. There has been a paradigm shift in veterinary medicine. Artificial intelligence can be used in collecting data to address a wide range of chronic diseases thereby offering an opportunity to leverage these platforms for veterinary health markets. In the last few years, the industry has witnessed few product launches associated with artificial intelligence. Many market players have ventured into this field to offer innovative and effective offerings. For instance, Fujifilm has expanded its digital x-ray imaging system (Fuji Computed Radiography, FCR) to veterinary medicine. With high-definition images that can capture even microscopic lesions, which helps veterinarians to make an accurate diagnosis. In view of this many players have come up with advanced solutions to enhance disease diagnosis. Thus, the growing product launches and awareness in the Asia Pacific countries will drive the growth of the market in the forecasted period.

The Asian countries such as China, South Korea, and India are profoundly affected due to the COVID-19. This situation has left many pet/companion animal orphans. The infected people were quarantine. Therefore, this has affected the behavior of companion animals. Therefore, it is expected that the COVID-19 has impacted the Asian countries with moderate to high severity.

Rest of Asia PacificCompanion Animal Diagnostics Market,Revenue and Forecast to 2027 (US$ Mn)

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

ASIA PACIFICCOMPANION ANIMAL DIAGNOSTICS MARKET SEGMENTATION

By Technology

Immunodiagnostics
- Lateral Flow Assays
- Elisa Tests
- Allergen-Specific Immunodiagnostic Tests Diagnostics
- Immunoassay Analyzers
Clinical Biochemistry
- Clinical Chemistry Analysis
- Glucose Monitoring
- Blood Gas Electrolyte Analysis
Hematology
Urinalysis
Molecular Diagnostics

By Application

Bacteriology
Clinical Pathology
Virology
Parasitology
Others

By Animal Type

Dogs
Cats
Horses
Others

By End-User

Diagnostic Laboratories
Veterinary Hospitals and Clinics
Research Institutes and Universities

By Country

Japan
China
India
South Korea
Australia

Company Profiles

Shenzhen Mindray Bio-Medical Electronics Co., Ltd
Fujifilm Corporation
Skyla Corporation
Idexx Laboratories, Inc
Virbac

Asia Pacific Companion Animal Diagnostics Report Scope

Report Attribute	Details
Market size in 2019	US$ 435.7 Million
Market Size by 2027	US$ 598.2 Million
Global CAGR (2020 - 2027)	4.6%
Historical Data	2017-2018
Forecast period	2020-2027
Segments Covered	By Technology Immunodiagnostics Clinical Biochemistry Hematology Urinalysis Molecular Diagnostics By Application Bacteriology Clinical Pathology Virology Parasitology By Animal Type Dogs Cats Horses By End User Diagnostic Laboratories Veterinary Hospitals and Clinics Research Institutes and Universities
Regions and Countries Covered	Asia-Pacific China India Japan Australia Rest of Asia-Pacific
Market leaders and key company profiles	Shenzhen Mindray Bio-Medical Electronics Co., Ltd Fujifilm Corporation Skyla Corporation Idexx Laboratories, Inc Virbac

Research Manager

Mrinal Kerhalkar

Manager,
Market Research & Consulting

Mrinal is a seasoned research analyst with over 8 years of experience in Life Sciences Market Intelligence and Consulting. With a strategic mindset and unwavering commitment to excellence, she has built deep expertise in pharmaceutical forecasting, market opportunity assessment, and developing industry benchmarks. Her work is anchored in delivering actionable insights that empower clients to make informed strategic decisions.

Mrinal’s core strength lies in translating complex quantitative datasets into meaningful business intelligence. Her analytical acumen is instrumental in shaping go-to-market (GTM) strategies and uncovering growth opportunities across the pharmaceutical and medical device sectors. As a trusted consultant, she consistently focuses on streamlining workflow processes and establishing best practices, thereby driving innovation and operational efficiency for her clients.

What are the Asia Pacific Companion Animal Diagnostics Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

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