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Veterinary Biomarkers Market by Animal Type (Companion animals, Livestock animals), by Product Type (Biomarker readers, Biomarker kits & reagents), by Disease Type (Inflammatory and infectious diseases, Cardiovascular diseases, Renal diseases, Cancer, Other disease types), by Application (Clinical, Research), by End-user (Veterinary hospitals, Veterinary clinics, Research institutes, Reference laboratories), by North America (U.S., Canada), by Europe (Germany, UK, France, Spain, Italy, The Netherlands, Rest of Europe), by Asia Pacific (Japan, China, India, Australia, South Korea, Rest of Asia Pacific), by Latin America (Brazil, Mexico, Rest of Latin America), by Middle East and Africa (Saudi Arabia, South Africa, UAE, Rest of Middle East and Africa) Forecast 2025-2033
The size of the Veterinary Biomarkers Market was valued at USD 798.5 Million in 2023 and is projected to reach USD 1546.18 Million by 2032, with an expected CAGR of 9.9% during the forecast period. The Veterinary Biomarkers Market is centered on using biomarkers to detect, track, and forecast diseases in animals. Biomarkers, including proteins, genes, and metabolites, act as biological signs that offer information about the health condition of animals, allowing for the early identification and improved control of illnesses. This industry serves a variety of veterinary needs, such as companion animals, livestock, and exotic species, utilizing biomarkers for ailments like cancer, infectious diseases, metabolic disorders, and chronic conditions. The rise in the veterinary biomarkers market is fueled by a growing need for precise diagnostic instruments, progress in molecular biology, and a heightened emphasis on tailored veterinary treatment. Furthermore, the increasing occurrence of animal illnesses, seen in both household pets and livestock, is leading to a higher demand for improved treatments. Regulatory backing for incorporating biomarkers in veterinary medicine is boosting market opportunities. The Veterinary Biomarkers Market is set to experience substantial growth due to increasing global demand for advanced diagnostic solutions and enhanced animal healthcare.
The Veterinary Biomarkers Market is moderately concentrated, with a few major players holding a significant market share. Key players include Bio-Rad Laboratories, Inc., Biomerieux SA, Bionote USA Inc., CUSABIO TECHNOLOGY LLC, EagleBio, Gentian Diagnostics ASA, IDEXX Laboratories Inc., Krishgen Biosystems, Life Diagnostics, Inc., Merck KGaA, Randox Laboratories Ltd., Virbac, and Zoetis Inc.
Key market trends include:
North America is the largest regional market for veterinary biomarkers, followed by Europe and Asia Pacific. The companion animal segment is expected to dominate the market over the forecast period, accounting for a significant share of revenue.
This report provides comprehensive coverage of the Veterinary Biomarkers Market, including:
The Veterinary Biomarkers Market is expected to experience significant growth over the forecast period, driven by the factors mentioned above. Market size is projected to reach [USD Million] by 2027, growing at a CAGR of [Percentage]%.
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 9.9% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
Primary Research
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