Bovine Diagnostics Market Key Findings, Size, Share by 2030
The bovine diagnostics market was valued at US$ 1,155.59 million in 2022 and is expected to reach US$ 2,011.15 million by 2030. It is estimated to register a CAGR of 7.2% during 2022–2030. The upsurge in research funding to develop modern diagnostic approaches is likely to remain a key bovine diagnostics market trend.
Bovine Diagnostics Market Analysis
Bovine refers to a domestic animal such as cattle, buffalo, goat, and sheep. The growth of the market is attributed to the increasing prevalence and economic impact of bovine mastitis and increasing number of product launches by major manufacturers. However, lack of skilled professionals in animal research sector may hinders the market growth.
Bovine Diagnostics Market Overview
Bovine mastitis is a major concern that incurs economic losses to the global agriculture sector. Mastitis diseases to the bovine species animals results in lowered milk production that inlead resulting in reduced profitability for dairy farmers. According to the study published “Global and countrywide prevalence of clinical mastitis and subclinical in dairy cattle and buffaloes by systematic review and meta-analysis,” published in April 2021, the worldwide prevalence of subclinical mastitis and clinical mastitis were about 42% and 15%, respectively, during the year 2011–2019. In India, the prevalence of subclinical mastitis and clinical mastitis were 45% and 18%, respectively, during the forecast period. The study also reported that North America and Europe had a higher prevalence of subclinical mastitis, while countries such as the Uganda and UK had a higher prevalence of clinical mastitis. The prevalence of overall mastitis is expected to increase due to the prolonged history of the diseases in the dairy industry. Moreover, surveillance programs and proper management systems introduced by governments in different countries support the growth of the bovine diagnostics market. The factors mentioned above are influences the growth of the bovine diagnostics market.
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Bovine Diagnostics Market: Strategic Insights
Market Size Value in US$ 1,155.59 million in 2022 Market Size Value by US$ 2,011.15 million by 2030 Growth rate CAGR of 7.2% from 2022 to 2030 Forecast Period 2022-2030 Base Year 2022
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Bovine Diagnostics Market: Strategic Insights
| Market Size Value in | US$ 1,155.59 million in 2022 |
| Market Size Value by | US$ 2,011.15 million by 2030 |
| Growth rate | CAGR of 7.2% from 2022 to 2030 |
| Forecast Period | 2022-2030 |
| Base Year | 2022 |
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Bovine Diagnostics Market Drivers and Opportunities
Increasing Number of Product Launches Favors Market
Rapid research and development activities allow veterinary diagnostics prominent companies to launch various innovative diagnostics products that provide rapid output for diagnosis. In addition, growing awareness among end users via the government’s educative and knowledge-sharing programs and initiatives has encouraged these companies to launch advanced diagnostics products. A few of the new product launches in the bovine diagnostics market are, for instance, in June 2023, Zoetis, Inc. company launched Vetscan Mastigram+, an on-farm mastitis diagnostic solution that offers results eight hours before the next milking cycle. The Vetsacn Mastigram+ uses a flow dipstick test for detection of Gram-positive mastitis in cattle. The product will also help in detecting the presence of Gram-positive pathogens in cow milk with 99% sensitivity as well as 100% specificity, along with differentiating between Gram-positive and Gram-negative bacteria.
High Prevalence of Bovine Tuberculosis – An Opportunity in Bovine Diagnostics Market
Bovine tuberculosis (bTB) is a type of chronic infectious disease that affects cattle and is later transferred to other animals and humans. The World Organization for Animal Health (WOAH) has listed bTB and must be detected and reported as soon as possible. As per the report shared by Thermo Fisher Scientific company in May 2023, bTB affects more than 50 million cattle globally, incurring annual economic losses of around US$ 3 billion. In the UK, bTB disease incurs financial losses of about US$ 145 million annually.
The diseases casing rate of bTB differs in different geographic areas. It is rare in Canada, Europe, , and the US. However, bovine tuberculosis is around 50% in Africa and some parts of Asian countries. Although ongoing technological and infrastructural developments, still many developing countries fail to effectively diagnose bTB due to the complexity as well as the lack of universal strategies for its diagnosis. This scenario provides opportunities for bovine diagnostics market players to enhance awareness in Africa and Asia and launch new products that suit the socioeconomic conditions in these countries.
Bovine Diagnostics Market Report Segmentation Analysis
Key segments that contributed to the derivation of the bovine diagnostics market analysis are product, disease type, and end user.
- Based on product, the bovine diagnostics market is divided into Immunoassay Kits, PCR Reagents & Kits, Hemagglutination Inhibition (HI) Assay, and Other Products. The Immunoassay Kits segment held a higher market share in 2022.
- Based on disease type, the market is segmented into Bovine Viral Diarrhea (BVD), Bovine Tuberculosis (TB), Bovine Mastitis, Foot and Mouth Disease (FMD), and Other Disease Types.
- In terms of end users, the market is segmented into Veterinary Hospitals, Veterinary Clinics, and Other End-Users.
Bovine Diagnostics Market Share Analysis by Geography
The geographic scope of the bovine diagnostics market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America.
In North America, the bovine diagnostics market is currently in exponential growth during the forecast years. The US dominated the market in 2022. The bovine diagnostics market in the US has benefitted from rising government initiatives to control mastitis, zoonotic diseases, and tuberculosis diseases. Continuous research and developments in veterinary diagnostics resulting in bovine diagnostics new product launches. For instance, in October 2022, the Kansas State Veterinary Diagnostic Laboratory of the State University College of Veterinary Medicine developed test kit to detect two major blood-borne diseases in cattle. Researcher team at Kansas State Veterinary Diagnostic Laboratory developed a PCR diagnosis technique to detect endemic anaplasmosis and emerging Theileriosis. The test will allow cattle farmers and veterinarians to diagnose herds with disease-causing microorganisms and also help them effectively prevent and manage the veterinary diseases.
Bovine Diagnostics Market Report Scope
Bovine Diagnostics Market News and Recent Developments
The bovine diagnostics market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for innovations, business expansion, and strategies:
- In July 2023, PBD Biotech and Actiphage TB entered its third clinical trial. A ground-breaking phage-based molecular diagnostic has been agreed between its developer, PBD Biotech, the NIHR Respiratory Biomedical Research Centre, Leicester (UK)and University of Leicester. The study aims to validate the test's utility as a tuberculosis diagnostic. The phage-based diagnostic has the potential to detect TB progression. (Source: PBD Biotech and Actiphage TB Press Release)
Bovine Diagnostics Market Report Coverage and Deliverables
The “Bovine Diagnostics Market Size and Forecast (2020–2030)” report provides a detailed analysis of the market covering the following areas:
- Bovine Diagnostics Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Bovine Diagnostics Market trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Bovine Diagnostics market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Bovine Diagnostics Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product, Disease Type, End User, and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The higher prevalence and economic impact of bovine mastitis and the increasing number of products launched are the major factors fuelling the market growth of bovine diagnostics over the years.
North America dominated the bovine diagnostics market in 2022
The increasing research funding activities for the development of modern diagnostic approaches are likely to remain a key trend in the market.
Idexx Laboratories Inc., PBD Biotech Ltd, Thermo Fisher Scientific Inc, Innovative Diagnostics SAS, Neogen Corp, Enfer Labs, bioMerieux SA, Ring Biotechnology Co Ltd, Bionote Inc, Shenzhen Bioeasy Biotechnology Co Ltd.
The market is expected to register a CAGR of 7.20% during 2022–2030.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Bovine Diagnostics Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Global PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in the Value Chain
4.4 Regulatory Scenario
4.4.1 Definitions
4.4.2 FDA Regulatory Requirements for Animal Health Devices
4.4.3 European Union’s Veterinary Medicinal Products Regulation
5. Bovine Diagnostics Market - Key Industry Dynamics
5.1 Key Market Drivers:
5.1.1 High Prevalence and Economic Impact of Bovine Mastitis
5.1.2 Increasing Number of Product Launches
5.2 Key Market Restraints:
5.2.1 Lack of Skilled Professionals in Veterinary Research
5.3 Key Market Opportunities:
5.3.1 High Prevalence of Bovine Tuberculosis
5.4 Future Trends
5.4.1 Upsurge in Research Funding to Develop Modern Diagnostic Approaches
5.5 Impact Analysis:
6. Bovine Diagnostics Market - Global Market Analysis
6.1 Bovine Diagnostics Market Revenue (US$ Mn), 2022 – 2030
7. Global Bovine Diagnostics Market – Revenue and Forecast to 2030 – by Product
7.1 Overview
7.2 Bovine Diagnostics Market Revenue Share, by Product 2022 & 2030 (%)
7.3 Immunoassay Kits
7.3.1 Overview
7.3.2 Immunoassay Kits: Bovine Diagnostics Market – Revenue and Forecast to 2030 (US$ Million)
7.4 PCR Kits
7.4.1 Overview
7.4.2 PCR Kits: Bovine Diagnostics Market – Revenue and Forecast to 2030 (US$ Million)
7.5 Hemagglutination Inhibition (HI) Assay
7.5.1 Overview
7.5.2 Hemagglutination Inhibition (HI) Assay: Bovine Diagnostics Market – Revenue and Forecast to 2030 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Bovine Diagnostics Market – Revenue and Forecast to 2030 (US$ Million)
8. Global Bovine Diagnostics Market – Revenue and Forecast to 2030 – by Disease Type
8.1 Overview
8.2 Bovine Diagnostics Market Revenue Share, by Disease Type 2022 & 2030 (%)
8.3 Bovine Viral Diarrhea (BVD)
8.3.1 Overview
8.3.2 Bovine Viral Diarrhea (BVD): Bovine Diagnostics Market – Revenue and Forecast to 2030 (US$ Million)
8.4 Bovine Tuberculosis (TB)
8.4.1 Overview
8.4.2 Bovine Tuberculosis (TB): Bovine Diagnostics Market – Revenue and Forecast to 2030 (US$ Million)
8.5 Bovine Mastitis
8.5.1 Overview
8.5.2 Bovine Mastitis: Bovine Diagnostics Market – Revenue and Forecast to 2030 (US$ Million)
8.6 Foot and Mouth Disease (FMD)
8.6.1 Overview
8.6.2 Foot and Mouth Disease (FMD): Bovine Diagnostics Market – Revenue and Forecast to 2030 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: Bovine Diagnostics Market – Revenue and Forecast to 2030 (US$ Million)
9. Global Bovine Diagnostics Market – Revenue and Forecast to 2030 – by End User
9.1 Overview
9.2 Bovine Diagnostics Market Revenue Share, by end user 2022 & 2030 (%)
9.3 Veterinary Hospitals
9.3.1 Overview
9.3.2 Veterinary Hospitals: Bovine Diagnostics Market – Revenue and Forecast to 2030 (US$ Million)
9.4 Veterinary Clinics
9.4.1 Overview
9.4.2 Veterinary Clinics: Bovine Diagnostics Market – Revenue and Forecast to 2030 (US$ Million)
9.5 Others
9.5.1 Overview
9.5.2 Others: Bovine Diagnostics Market – Revenue and Forecast to 2030 (US$ Million)
10. Bovine Diagnostics Market - Geographical Analysis
10.1 North America Bovine Diagnostics Market, Revenue and Forecast To 2030
10.1.1 Overview
10.1.2 North America Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
10.1.2.1 North America Bovine Diagnostics Market, by Product
10.1.2.2 North America Bovine Diagnostics Market, by Disease Type
10.1.2.3 North America Bovine Diagnostics Market, by End User
10.1.2.4 North America Bovine Diagnostics Market, by Country
10.1.2.5 US
10.1.2.5.1 Overview
10.1.2.5.2 US Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
10.1.2.5.3 US Bovine Diagnostics Market, by Product
10.1.2.5.4 US Bovine Diagnostics Market, by Disease Type
10.1.2.5.5 US Bovine Diagnostics Market, by End User
10.1.2.6 Canada
10.1.2.6.1 Overview
10.1.2.6.2 Canada Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
10.1.2.6.3 Canada Bovine Diagnostics Market, by Product
10.1.2.6.4 Canada Bovine Diagnostics Market, by Disease Type
10.1.2.6.5 Canada Bovine Diagnostics Market, by End User
10.1.2.7 Mexico
10.1.2.7.1 Overview
10.1.2.7.2 Mexico Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
10.1.2.7.3 Mexico Bovine Diagnostics Market, by Product
10.1.2.7.4 Mexico Bovine Diagnostics Market, by Disease Type
10.1.2.7.5 Mexico Bovine Diagnostics Market, by End User
10.2 Europe Bovine Diagnostics Market, Revenue and Forecast to 2030
10.2.1 Overview
10.2.2 Europe Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
10.2.2.1 Europe Bovine Diagnostics Market, by Product
10.2.2.2 Europe Bovine Diagnostics Market, by Disease Type
10.2.2.3 Europe Bovine Diagnostics Market, by End User
10.2.2.4 Europe Bovine Diagnostics Market, by Country
10.2.2.5 UK
10.2.2.5.1 Overview
10.2.2.5.2 UK Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
10.2.2.5.3 UK Bovine Diagnostics Market, by Product
10.2.2.5.4 UK Bovine Diagnostics Market, by Disease Type
10.2.2.5.5 UK Bovine Diagnostics Market, by End User
10.2.2.6 Germany
10.2.2.6.1 Overview
10.2.2.6.2 Germany Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
10.2.2.6.3 Germany Bovine Diagnostics Market, by Product
10.2.2.6.4 Germany Bovine Diagnostics Market, by Disease Type
10.2.2.6.5 Germany Bovine Diagnostics Market, by End User
10.2.2.7 France
10.2.2.7.1 Overview
10.2.2.7.2 France Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
10.2.2.7.3 France Bovine Diagnostics Market, by Product
10.2.2.7.4 France Bovine Diagnostics Market, by Disease Type
10.2.2.7.5 France Bovine Diagnostics Market, by End User
10.2.2.8 Italy
10.2.2.8.1 Overview
10.2.2.8.2 Italy Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
10.2.2.8.3 Italy Bovine Diagnostics Market, by Product
10.2.2.8.4 Italy Bovine Diagnostics Market, by Disease Type
10.2.2.8.5 Italy Bovine Diagnostics Market, by End User
10.2.2.9 Spain
10.2.2.9.1 Overview
10.2.2.9.2 Spain Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
10.2.2.9.3 Spain Bovine Diagnostics Market, by Product
10.2.2.9.4 Spain Bovine Diagnostics Market, by Disease Type
10.2.2.9.5 Spain Bovine Diagnostics Market, by End User
10.2.2.10 Rest of Europe
10.2.2.10.1 Overview
10.2.2.10.2 Rest of Europe Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
10.2.2.10.3 Rest of Europe Bovine Diagnostics Market, by Product
10.2.2.10.4 Rest of Europe Bovine Diagnostics Market, by Disease Type
10.2.2.10.5 Rest of Europe Bovine Diagnostics Market, by End User
10.3 Asia Pacific Bovine Diagnostics Market, Revenue and Forecast to 2030
10.3.1 Overview
10.3.2 Asia Pacific Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
10.3.2.1 Asia Pacific Bovine Diagnostics Market, by Product
10.3.2.2 Asia Pacific Bovine Diagnostics Market, by Disease Type
10.3.2.3 Asia Pacific Bovine Diagnostics Market, by End User
10.3.2.4 Asia Pacific Bovine Diagnostics Market, by Country
10.3.2.5 China
10.3.2.5.1 Overview
10.3.2.5.2 China Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
10.3.2.5.3 China Bovine Diagnostics Market, by Product
10.3.2.5.4 China Bovine Diagnostics Market, by Disease Type
10.3.2.5.5 China Bovine Diagnostics Market, by End User
10.3.2.6 Japan
10.3.2.6.1 Overview
10.3.2.6.2 Japan Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
10.3.2.6.3 Japan Bovine Diagnostics Market, by Product
10.3.2.6.4 Japan Bovine Diagnostics Market, by Disease Type
10.3.2.6.5 Japan Bovine Diagnostics Market, by End User
10.3.2.7 India
10.3.2.7.1 Overview
10.3.2.7.2 India Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
10.3.2.7.3 India Bovine Diagnostics Market, by Product
10.3.2.7.4 India Bovine Diagnostics Market, by Disease Type
10.3.2.7.5 India Bovine Diagnostics Market, by End User
10.3.2.8 South Korea
10.3.2.8.1 Overview
10.3.2.8.2 South Korea Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
10.3.2.8.3 South Korea Bovine Diagnostics Market, by Product
10.3.2.8.4 South Korea Bovine Diagnostics Market, by Disease Type
10.3.2.8.5 South Korea Bovine Diagnostics Market, by End User
10.3.2.9 Australia
10.3.2.9.1 Overview
10.3.2.9.2 Australia Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
10.3.2.9.3 Australia Bovine Diagnostics Market, by Product
10.3.2.9.4 Australia Bovine Diagnostics Market, by Disease Type
10.3.2.9.5 Australia Bovine Diagnostics Market, by End User
10.3.2.10 Rest of Asia Pacific
10.3.2.10.1 Overview
10.3.2.10.2 Rest of Asia Pacific Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
10.3.2.10.3 Rest of Asia Pacific Bovine Diagnostics Market, by Product
10.3.2.10.4 Rest of Asia Pacific Bovine Diagnostics Market, by Disease Type
10.3.2.10.5 Rest of Asia Pacific Bovine Diagnostics Market, by End User
10.4 Middle East & Africa Bovine Diagnostics Market, Revenue and Forecast to 2030
10.4.1 Overview
10.4.2 Middle East & Africa Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
10.4.2.1 Middle East & Africa Bovine Diagnostics Market, by Product
10.4.2.2 Middle East & Africa Bovine Diagnostics Market, by Disease Type
10.4.2.3 Middle East & Africa Bovine Diagnostics Market, by End User
10.4.2.4 Middle East & Africa Bovine Diagnostics Market, by Country
10.4.2.5 Saudi Arabia
10.4.2.5.1 Overview
10.4.2.5.2 Saudi Arabia Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
10.4.2.5.3 Saudi Arabia Bovine Diagnostics Market, by Product
10.4.2.5.4 Saudi Arabia Bovine Diagnostics Market, by Disease Type
10.4.2.5.5 Saudi Arabia Bovine Diagnostics Market, by End User
10.4.2.6 South Africa
10.4.2.6.1 Overview
10.4.2.6.2 South Africa Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
10.4.2.6.3 South Africa Bovine Diagnostics Market, by Product
10.4.2.6.4 South Africa Bovine Diagnostics Market, by Disease Type
10.4.2.6.5 South Africa Bovine Diagnostics Market, by End User
10.4.2.7 UAE
10.4.2.7.1 Overview
10.4.2.7.2 UAE Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
10.4.2.7.3 UAE Bovine Diagnostics Market, by Product
10.4.2.7.4 UAE Bovine Diagnostics Market, by Disease Type
10.4.2.7.5 UAE Bovine Diagnostics Market, by End User
10.4.2.8 Rest of Middle East & Africa
10.4.2.8.1 Overview
10.4.2.8.2 Rest of Middle East & Africa Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
10.4.2.8.3 Rest of Middle East & Africa Bovine Diagnostics Market, by Product
10.4.2.8.4 Rest of Middle East & Africa Bovine Diagnostics Market, by Disease Type
10.4.2.8.5 Rest of Middle East & Africa Bovine Diagnostics Market, by End User
10.5 South & Central America Bovine Diagnostics Market, Revenue and Forecast to 2030
10.5.1 Overview
10.5.2 South & Central America Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
10.5.2.1 South & Central America Bovine Diagnostics Market, by Product
10.5.2.2 South & Central America Bovine Diagnostics Market, by Disease Type
10.5.2.3 South & Central America Bovine Diagnostics Market, by End User
10.5.2.4 South & Central America Bovine Diagnostics Market, by Country
10.5.2.5 Brazil
10.5.2.5.1 Overview
10.5.2.5.2 Brazil Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
10.5.2.5.3 Brazil Bovine Diagnostics Market, by Product
10.5.2.5.4 Brazil Bovine Diagnostics Market, by Disease Type
10.5.2.5.5 Brazil Bovine Diagnostics Market, by End User
10.5.2.6 Argentina
10.5.2.6.1 Overview
10.5.2.6.2 Argentina Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
10.5.2.6.3 Argentina Bovine Diagnostics Market, by Product
10.5.2.6.4 Argentina Bovine Diagnostics Market, by Disease Type
10.5.2.6.5 Argentina Bovine Diagnostics Market, by End User
10.5.2.7 Rest of South & Central America
10.5.2.7.1 Overview
10.5.2.7.2 Rest of South & Central America Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
10.5.2.7.3 Rest of South & Central America Bovine Diagnostics Market, by Product
10.5.2.7.4 Rest of South & Central America Bovine Diagnostics Market, by Disease Type
10.5.2.7.5 Rest of South & Central America Bovine Diagnostics Market, by End User
11. Pre & Post Covid-19 Impact
11.1 Pre & Post Covid-19 Impact
12. Bovine Diagnostics Market – Industry Landscape
12.1 Overview
12.2 Growth Strategies
12.2.1 Overview
13. Company Profiles
13.1 Idexx Laboratories Inc
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 PBD Biotech Ltd
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Thermo Fisher Scientific Inc
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Innovative Diagnostics SAS
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Neogen Corp
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Enfer Labs
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 bioMerieux SA
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Ring Biotechnology Co Ltd
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Bionote Inc
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Shenzhen Bioeasy Biotechnology Co Ltd
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About Us
14.2 Glossary of Terms
LIST OF TABLES
Table 1. Bovine Diagnostics Market Segmentation
Table 2. List of Vendors
Table 3. North America Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Product
Table 4. North America Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Disease Type
Table 5. North America Bovine Diagnostics Market Revenue and Forecast To 2030 (US$ Mn) – End User
Table 6. US Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Product
Table 7. US Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Disease Type
Table 8. US Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – End User
Table 9. Canada Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Product
Table 10. Canada Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Disease Type
Table 11. Canada Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – End User
Table 12. Mexico Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Product
Table 13. Mexico Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Disease Type
Table 14. Mexico Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – End User
Table 15. Europe Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Product
Table 16. Europe Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Disease Type
Table 17. Europe Bovine Diagnostics Market Revenue and Forecast To 2030 (US$ Mn) – End User
Table 18. UK Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Product
Table 19. UK Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Disease Type
Table 20. UK Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – End User
Table 21. Germany Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Product
Table 22. Germany Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Disease Type
Table 23. Germany Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – End User
Table 24. France Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Product
Table 25. France Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Disease Type
Table 26. France Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – End User
Table 27. Italy Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Product
Table 28. Italy Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Disease Type
Table 29. Italy Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – End User
Table 30. Spain Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Product
Table 31. Spain Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Disease Type
Table 32. Spain Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – End User
Table 33. Rest of Europe Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Product
Table 34. Rest of Europe Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Disease Type
Table 35. Rest of Europe Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – End User
Table 36. Asia Pacific Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Product
Table 37. Asia Pacific Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Disease Type
Table 38. Asia Pacific Bovine Diagnostics Market Revenue and Forecast To 2030 (US$ Mn) – End User
Table 39. China Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Product
Table 40. China Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Disease Type
Table 41. China Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – End User
Table 42. Japan Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Product
Table 43. Japan Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Disease Type
Table 44. Japan Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – End User
Table 45. India Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Product
Table 46. India Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Disease Type
Table 47. India Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – End User
Table 48. South Korea Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Product
Table 49. South Korea Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Disease Type
Table 50. South Korea Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – End User
Table 51. Australia Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Product
Table 52. Australia Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Disease Type
Table 53. Australia Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – End User
Table 54. Rest of Asia Pacific Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Product
Table 55. Rest of Asia Pacific Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Disease Type
Table 56. Rest of Asia Pacific Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – End User
Table 57. Middle East & Africa Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Product
Table 58. Middle East & Africa Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Disease Type
Table 59. Middle East & Africa Bovine Diagnostics Market Revenue and Forecast To 2030 (US$ Mn) – End User
Table 60. Saudi Arabia Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Product
Table 61. Saudi Arabia Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Disease Type
Table 62. Saudi Arabia Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – End User
Table 63. South Africa Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Product
Table 64. South Africa Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Disease Type
Table 65. South Africa Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – End User
Table 66. UAE Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Product
Table 67. UAE Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Disease Type
Table 68. UAE Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – End User
Table 69. Rest of Middle East & Africa Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Product
Table 70. Rest of Middle East & Africa Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Disease Type
Table 71. Rest of Middle East & Africa Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – End User
Table 72. South & Central America Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Product
Table 73. South & Central America Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Disease Type
Table 74. South & Central America Bovine Diagnostics Market Revenue and Forecast To 2030 (US$ Mn) – End User
Table 75. Brazil Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Product
Table 76. Brazil Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Disease Type
Table 77. Brazil Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – End User
Table 78. Argentina Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Product
Table 79. Argentina Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Disease Type
Table 80. Argentina Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – End User
Table 81. Rest of South & Central America Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Product
Table 82. Rest of South & Central America Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – Disease Type
Table 83. Rest of South & Central America Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn) – End User
Table 84. Recent Growth Strategies in Bovine Diagnostics Market
Table 85. Glossary of Terms, Bovine Diagnostics Market
LIST OF FIGURES
Figure 1. Bovine Diagnostics Market Segmentation, By Geography
Figure 2. Key Insights
Figure 3. Market Attractiveness
Figure 4. Global - PEST Analysis
Figure 5. Bovine Diagnostics Market - Key Industry Dynamics
Figure 6. Impact Analysis of Drivers and Restraints
Figure 7. Bovine Diagnostics Market Revenue (US$ Mn), 2022 – 2030
Figure 8. Bovine Diagnostics Market Revenue Share, by Product 2022 & 2030 (%)
Figure 9. Immunoassay Kits: Bovine Diagnostics Market – Revenue and Forecast to 2030 (US$ Million)
Figure 10. PCR Kits: Bovine Diagnostics Market – Revenue and Forecast to 2030 (US$ Million)
Figure 11. Hemagglutination Inhibition (HI) Assay: Bovine Diagnostics Market – Revenue and Forecast to 2030 (US$ Million)
Figure 12. Others: Bovine Diagnostics Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. Bovine Diagnostics Market Revenue Share, by Disease Type 2022 & 2030 (%)
Figure 14. Bovine Viral Diarrhea (BVD): Bovine Diagnostics Market – Revenue and Forecast to 2030 (US$ Million)
Figure 15. Bovine Tuberculosis (TB): Bovine Diagnostics Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. Bovine Mastitis: Bovine Diagnostics Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. Foot and Mouth Disease (FMD): Bovine Diagnostics Market – Revenue and Forecast to 2030 (US$ Million)
Figure 18. Others: Bovine Diagnostics Market – Revenue and Forecast to 2030 (US$ Million)
Figure 19. Bovine Diagnostics Market Revenue Share, by end user 2022 & 2030 (%)
Figure 20. Veterinary Hospitals: Bovine Diagnostics Market – Revenue and Forecast to 2030 (US$ Million)
Figure 21. Veterinary Clinics: Bovine Diagnostics Market – Revenue and Forecast to 2030 (US$ Million)
Figure 22. Others: Bovine Diagnostics Market – Revenue and Forecast to 2030 (US$ Million)
Figure 23. Bovine Diagnostics Market, 2022 ($Mn)
Figure 24. North America Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
Figure 25. North America Bovine Diagnostics Market, By Key Countries, 2022 And 2030 (%)
Figure 26. US Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
Figure 27. Canada Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
Figure 28. Mexico Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
Figure 29. Europe Bovine Diagnostics Market, By Geography, 2022 ($Mn)
Figure 30. Europe Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
Figure 31. Europe Bovine Diagnostics Market, By Key Countries, 2022 And 2030 (%)
Figure 32. UK Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
Figure 33. Germany Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
Figure 34. France Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
Figure 35. Italy Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
Figure 36. Spain Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
Figure 37. Rest of Europe Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
Figure 38. Bovine Diagnostics Market, By Geography, 2022 ($Mn)
Figure 39. Asia Pacific Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
Figure 40. Asia Pacific Bovine Diagnostics Market, By Key Countries, 2022 And 2030 (%)
Figure 41. China Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
Figure 42. Japan Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
Figure 43. India Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
Figure 44. South Korea Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
Figure 45. Australia Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
Figure 46. Rest of Asia Pacific Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
Figure 47. Bovine Diagnostics Market, By Geography, 2022 ($Mn)
Figure 48. Middle East & Africa Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
Figure 49. Middle East & Africa Bovine Diagnostics Market, By Key Countries, 2022 And 2030 (%)
Figure 50. Saudi Arabia Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
Figure 51. South Africa Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
Figure 52. UAE Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
Figure 53. Rest of Middle East & Africa Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
Figure 54. Bovine Diagnostics Market, By Geography, 2022 ($Mn)
Figure 55. South & Central America Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
Figure 56. South & Central America Bovine Diagnostics Market, By Key Countries, 2022 And 2030 (%)
Figure 57. Brazil Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
Figure 58. Argentina Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
Figure 59. Rest of South & Central America Bovine Diagnostics Market Revenue and Forecast to 2030 (US$ Mn)
Figure 60. Pre & Post Covid-19 Impact
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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Bovine Diagnostics Market
Size and Forecast (2020–2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Product (Immunoassay Kits, PCR Reagents & Kits, Hemagglutination Inhibition (HI) Assay, and Other Products), Disease Type [Bovine Viral Diarrhea (BVD), Bovine Tuberculosis (TB), Bovine Mastitis, Foot and Mouth Disease (FMD), and Other Disease Types], End User (Veterinary Hospitals, Veterinary Clinics, and Other End Users) and Geography
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