Veterinary Molecular Diagnostics Market to Benefit from Increasing Incidence of Zoonotic Diseases, Recent Developments in Animal Health Diagnostics to Widen Scope of the Market, TMR
- Some recent novel and pioneering developments in animal health diagnostics and therapeutic methods are anticipated to spur new opportunities for the market participants
- The prevalence of several zoonotic and vector-borne conditions is expected to increase in the immediate future due to changes in social habitats, which is likely to boost market
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ALBANY, N.Y., April 7, 2021 /PRNewswire/ In the coming years, research and development is likely to be a key contributor to the global veterinary molecular diagnostics market. Few of the latest groundbreaking and novel innovations in animal health diagnostics and therapeutic methods are predicted to open up new opportunities for the players in the global veterinary molecular diagnostics marke
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According to a report, the global market for veterinary research laboratory (VRL) is predicted to progress at a CAGR of 10.63% during the estimated years of 2021-2028.
Factors such as surging zoonotic diseases, coupled with a rise in animal healthcare spending, are stimulating the growth of the veterinary research laboratory (VRL) market. Further, the technological advancements in animal healthcare and rising government initiatives to promote animal health, are generating new opportunities for the veterinary research laboratory market during the assessed period.
However, the lack of standardized regulations pertaining to animal healthcare and a dearth of skilled veterinary professionals in underdeveloped countries, are restricting the expansion of the veterinary research laboratory (VRL) market.
Veterinary Reference Laboratory Market Driven By Marshfield Clinic, Phoenix Lab, VCA, ProtaTek International, Zoetis sandiegosun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sandiegosun.com Daily Mail and Mail on Sunday newspapers.
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The publisher brings years of research experience to the 8th edition of this report. The 372-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Veterinary Molecular Diagnostics Market to Reach $769 Million by 2027
Amid the COVID-19 crisis, the global market for Veterinary Molecular Diagnostics estimated at US$468.5 Million in the year 2020, is projected to reach a revised size of US$769 Million by 2027, growing at a CAGR of 7.3% over the analysis period 2020-2027.
Instruments & Software, one of the segments analyzed in the report, is projected to record a 7.2% CAGR and reach US$269.3 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Kits & Reagents segment is readjusted to a revised 8.1% CAGR for
Insights on the Veterinary Molecular Diagnostics Global Market to 2027 - Impact Analysis of COVID-19 - ResearchAndMarkets com - Press Release digitaljournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from digitaljournal.com Daily Mail and Mail on Sunday newspapers.