The global Sales of equine diagnostic services was valued at around US$ 165 Mn in 2019, and is projected to witness steady growth of approximately 5% through 2030.The impact of the COVID-19 outbreak on the short-term prospects of the industry is likely to be moderate. Concerns over transmission between veterinary pr.
The global equine diagnostic services market was valued at around US$ 165 Mn in 2019, and is projected to witness steady growth of approximately 5% through 2030. The impact of the COVID-19 outbreak on the short-term prospects of the industry is likely to be moderate. Concerns over transmission between veterinary pro.
Sales of Equine Diagnostic Services Market to Surpass US$ 280 Mn by 2030
factmrJune 10, 2021
The global equine diagnostic services market was valued at around US$ 165 Mn in 2019, and is projected to witness steady growth of approximately 5% through 2030. The impact of the COVID-19 outbreak on the short-term prospects of the industry is likely to be moderate. Concerns over transmission between veterinary professionals and clients is creating operational challenges for equine vet practices, and reducing cash flow for market players as non-urgent cases are postponed.
However, the coronavirus pandemic is also likely to generate growth opportunities in terms of telemedicine, and from growing awareness about equine coronavirus among horse owners, which are likely to contribute to the sector in the long term. Furthermore, higher interest in diagnostic standardization with ISO parameters and investments in technologies for MRI devices and full body scans are expected to aid the growth of