The Veterinary Diagnostics market has seen as a drastic shift in the past few years with the advent of innovative and technologically advanced products that had an optimistic influence on the overall progress of the market. Later, the increase in large application of In-vitro diagnostic (IVD) instrumentation and products to veterinary healthcare along with the possibility to convert different assay forms, analysts and analysers from the clinical space to the veterinary clinic and laboratory are adding to the expansion of the market.
Upsurge in animal healthcare expenditure, increase in pet adoption, increasing demand for animal-derived food products, growing number of veterinary practitioners and their rising income levels in developed regions, inclining demand for pet insurance, and developing awareness about zoonotic diseases are the driving factors influencing for the expansion of the market.
Some of the key players operating in the veterinary diagnostics market are Bio-Rad Laboratories Inc., VCA Inc., Heska Corporation, Abaxis, Inc., VIRBAC, IDEXX Laboratories, Inc., Life Technologies Corporation, Prionics AG, and Pfizer, Inc.
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