Poultry Diagnostics Industry Trends Analysis 2018

Pune, India -- (SBWire) -- 02/23/2018 --The Global Poultry Diagnostics Market is expected to reach USD 495.4 million by 2024, at a CAGR of 10.6% in the forecast period 2017 to 2024. The new market report contains data for historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Also the Global Poultry Diagnostics Market, By Product {Test Type (ELISA Test, PCR Test, Others), Disease Type (Avian Salmonellosis, Avian Influenza, Avian Mycoplasmosis, Infectious Bronchitis, Infectious Bursal Disease, Newcastle Disease, Avian Pasteurellosis, Avian Reovirus, Chicken Anemia)}, Services (Virology, Parasitology, Bacteriology), Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024.

Poultry diagnostics includes disease testing, being done in the laboratories, clinics and veterinarians all over the world usually depend on IDEXX diagnostic tests and technologies to make assured decisions about flock and herd health.

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Major Market Drivers and Restraints:

- Increase in avian diseases and zoonotic diseases
- Expanding adoption of vaccination and diagnostic monitoring
- Growing consumer concerns regarding food safety
- Continuous trade disputes
- Lack of awareness regarding animal healthcare

Market Segmentation: Poultry Diagnostics Market

On the basis of product, the poultry diagnostics market is segmented into test type and disease type. Test type is sub segmented into ELSIA test , PCR test and other tests whereas; disease type is sub segmented into avian salmonellosis, avian influenza, avian mycoplasmosis, infectious bronchitis, infectious bursal disease, newcastle disease, avian pasteurellosis, avian reovirus and chicken anemia. In 2016, test type segment accounted the largest market share.

On the basis of services, the poultry diagnostics market is segmented into virology, parasitology and bacteriology. Bacteriology service segment is expected to witness the highest CAGR in the forecasting period due to regular bacterial testing on poultry being done by different regions.

On the basis of geography, poultry diagnostics market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

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Competitive Analysis: Poultry Diagnostics Market

Poultry diagnostics market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of poultry diagnostics market for global, Europe, North America, Asia Pacific and South America.

Major Market Competitors: Poultry Diagnostics Market

Some of the major players operating in poultry diagnostics market are IDEXX Laboratories, Inc. Thermo Fisher Scientific Inc., QIAGEN, Zoetis, AffiniTech, LTD., GD Animal Health, AgroBioTek Internacional, IDvet, BioNote, Inc., MEGACOR Diagnostik GmbH, BioChek Smart Veterinary Diagnostics, Boehringer Ingelheim,., Aquila Diagnostic Systems Inc., Ubio Biotechnology Systems Pvt. Ltd. and BioinGentech Biotechnologies, Inc. among others.

Research Methodology: Poultry Diagnostics Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report.

Demand Side Primary Contributors: Doctors, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.

Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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