Poultry Diagnostic Testing Market Regional Demand, Industry Scope, Timelines And Challenges Forecast 2032
The Poultry Diagnostic Testing Market is anticipated to grow from US$ 956.3 million in 2022 to US$ 1.2 billion in 2032, with a CAGR of 2.4% between 2022 and 2032.
Future Market Insights (FMI) adopted a multidisciplinary approach during the pandemic-era to focus on the growth and development of the Poultry Diagnostic Testing Market. The study features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period.
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As ELISA tests, PCR tests, and other diagnostic tests are used to boost the production of poultry farms, there will certainly be an increase in the demand for poultry diagnostic testing. Different serological tests, including the agglutination test, agar gel precipitation, HI (Haemagglutination Inhibition) test, and ELISA, immunoblot, and seroneutralization tests, are also accessible in laboratories with the use of poultry diagnostic testing. The importance of these tests in poultry farming is predicted to increase the market share for poultry diagnostic testing throughout the anticipated timeframe.
Impact of COVID-19 on the Healthcare Industry
The COVID-19 pandemic has caused severe impacts on the global economy at various levels and which can be seen on the Healthcare industry as well. The thriving market of health care research and development is expected to exhibit a steep decline in the sales during the lockdown period owing to the shutdown of the manufacturing units, acute shortage in the supply of raw materials and absence of potential manpower. It can be deduced from the current situations brought about by the pandemic that the production, and supply chain activities have experienced minor hurdles. However, the market is projected to gradually recover post-COVID-19, which will present attractive opportunities for sales across various regions of the world in the following years.
The team of analysts at Future Business Insights are focussing on research and market study to produce different Poultry Diagnostic Testing Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Poultry Diagnostic Testing Market.
What are the Key Poultry Diagnostic Testing Market Dynamics?
The development of avian diseases such bird flu outbreaks and zoonotic diseases is anticipated to fuel the market for poultry diagnostic tests. During the projection period, the adoption of poultry diagnostic testing is expected to increase due to the growing uptake of immunisations, demonstrative observation of livestock birds for the proximity of diseased pathogens, and other factors.
The need for poultry diagnostic testing is projected to be driven by improvements in testing methods along with targeted sample collection, diagnosis, clinical interpretation, and improved laboratory quality control between 2022 and 2032. Additionally, it is projected that growing end-user concerns about food safety will become the main driver of the demand for poultry diagnostic testing in nations that export food.
Key Players
- IDEXX Laboratories, Inc.
- QIAGEN N.V.
- Thermo Fisher Scientific Inc.
- Zoetis, Inc.
- GD Animal Health
- IDvet
- AffiniTech, LTD.
- AgroBioTek Internacional
- BioNote, Inc.
- BioChek
- Boehringer Ingelheim
- MEGACOR Diagnostik GmbH
- BioinGentech Biotechnologies, Inc.
Segmentation
By Test Type
- ELISA Test
- PCR Test
- Other Diagnostic Tests
- Complement Fixation test
- Immuno-flourescent antibody test (IFAT)
- Indirect hemagglutination test (IHA)
- Direct Agglutinition Test
By Disease Type
- Avian Salmonellosis
- Visceral leishmaniasis or Kala-azar
- Avian Influenza
- Newcastle Disease
- Avian Mycoplasmosis
- Avian Pasteurellosis
- Infectious Bronchitis
- Infectious Bursal Disease
- Avian Encephalomyelitis
- Avian Reovirus
- Chicken Anemia
- Others
Queries Solved
- What is the size of the overall Poultry Diagnostic Testing Market in the Healthcare Industry and its segments?
- What are the key segments and sub-segments in the market?
- What are the key drivers, restraints, opportunities, and challenges of the Poultry Diagnostic Testing Market in the Healthcare Industry, and how they are expected to impact the market?
- What are the attractive investment opportunities within the Poultry Diagnostic Testing Market in the Healthcare Industry?
- What is the Poultry Diagnostic Testing Market in the Healthcare Industry size at the regional and country-level?
- What are the key market players focusing on?
- What are the strategies for growth adopted by the key players in Poultry Diagnostic Testing Market in the Healthcare Industry?
- What are the recent trends in Poultry Diagnostic Testing Market in the Healthcare Industry? (M&A, partnerships, new product developments, expansions)?
- What are the challenges to the Poultry Diagnostic Testing Market in the growth of the Healthcare Industry?
- What are the key market trends impacting the growth of the Poultry Diagnostic Testing Market in the Healthcare Industry?
Reasons to buy the report
- We provide authentic and detailed an analysis on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
- Our analysts provide detailed market segmentation along with meaningful insights and extensive reports that other companies fail to include.
- The report includes accurate analysis of the market and the current developing trends affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.
