NEW YORK, Oct. 28, 2022 (GLOBE NEWSWIRE) — Reportlinker.com Announces the Release of the Global Veterinary Rapid Testing Industry Report – https://www.reportlinker.com/p06033240/?utm_source=GNW
4% in the period 2020-2027. Kits, one of the segments analyzed in the report, is expected to register 10.1% CAGR and reach $784.3 million by the end of the analysis period. Taking into account the ongoing post-pandemic recovery, growth in the Readers segment is adjusted to a revised annual growth rate of 8.2% for the next 7 years.
The US market is valued at US$165 million while China is forecast to grow at CAGR 13.8%
The US rapid veterinary testing market is valued at US$165 million in 2020. China, the second largest economy in the world, is forecast to reach a projected market size of US$252.3 million by the year 2027, representing a CAGR of 13.9% over the 2020-2027 analysis period. Among the other notable geographic markets include Japan and Canada, which are forecasting growth of 5.6% and 8.6%, respectively, over the period 2020-2027. Within Europe, growth of approx. 6.6% CAGR is forecast for Germany.
Select competitors (total 22 presented) –
BioNote, Inc.
Biopanda Reagents, Ltd.
Fassisi Ltd
Heska Corporation
IDEXX Laboratories, Inc.
Megacor Diagnostics GmbH
Swissavanss AG
Virbac
Woodley Equipment Company, Ltd.
Zoetis, Inc.
Read the full report: https://www.reportlinker.com/p06033240/?utm_source=GNW
I. METHODOLOGY
II. SUMMARY
1. MARKET OVERVIEW
Insights into the influencer market
world market developments
Effects of Covid-19 and a looming global recession
Rapid Veterinary Tests – Global Percentage of Major Competitors
Market share 2022 (E)
Competitive Market Presence – Strong/Active/Niche/Trivial for
Players worldwide in 2022 (E)
2. FOCUS ON SELECTED PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
Table 1: World Recent Past, Current and Future Analysis for
Service animals by geographic region – United States, Canada, Japan,
China, Europe, Asia Pacific, Latin America, and Middle East
