Veterinary Diagnostics Market: Industry Expert View on Future Growth and Market Trends

Veterinary diagnostics are critical for animal health, identifying health issues that they are otherwise able to detect and supportive faster diagnosis and treatment planning. Traditional diagnosis analyzes blood, tissues, urine, or stool to detect proteins, antibodies, disease presence, or general indicators of overall health. These analyses are a cornerstone of veterinary care.

Market leaders operating in the market have undertaken various organic growth strategies in the neurotoxins market. The veterinary diagnostics market majorly consists of the players Thermo Fisher Scientific Inc, Idexx Laboratories Inc, Zoetis Inc, Heska Corp, Neogen Corp, Randox Laboratories Ltd, Virbac SA, INDICAL BIOSCIENCE GmbH, FUJIFILM Holdings Corp, and Merck Animal Health. The companies have been implementing various strategies that have helped the growth of the company and in turn have brought about various changes in the market. The companies have utilized organic strategies such as launches, expansion, and product approvals. 

Below is the list of inorganic growth strategies done by the players operating in the veterinary diagnostics market:

Jan-2023: IDEXX Announced Novel Diagnostic Test for Kidney Injury, Expanding its Veterinary Renal Testing Portfolio. It is used for detecting kidney injury in cats and dogs.

Jan-2020: IDEXX Launched Rapid Digital Cytology Service to Further Accelerate Delivery of Veterinary Healthcare. The company launched a new rapid digital cytology service that digitally connects veterinarians to the largest global network of more than 100 veterinary clinical pathologists and enables them to receive cytology interpretations within 2 hours. IDEXX's proprietary VetConnect PLUS software, the service will be available 24/7.

Mar-2023: Zoetis Expanded Diagnostic Expertise With Additions of AI Dermatology and AI Equine Fecal Egg Count Analysis to Vetscan Imagyst Platform. These diagnostic additions broaden Vetscan Imagyst testing capabilities beyond existing AI canine and feline fecal analysis, AI blood smear analysis and digital cytology applications to include new in-clinic tests that are fully integrated into the company’s cloud based artificial intelligence capabilities.

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The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Devices, Technology, Media and Telecommunications, Chemicals and Materials.

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