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Home / Reports / Healthcare / Veterinary POC Diagnostic Market
Global Veterinary POC Diagnostic Market is expected to hold a value of USD 2,894 Million by 2027 and is
expected to register a growth of 8.9% from 2020 to 2027.
Medical discoveries have made tremendous changes in the veterinary healthcare system like Point-of-Care
(PoC), it enables rapid results in non-laboratory settings. There is traction in the veterinary point-of-care
diagnostics market due to the adoption of advanced and innovative diagnostic testing methods. Increased
prevalence of various pandemic diseases such as swine flu, rabies. Less period in testing and results, precise
results, change in diagnostic trend, and adoption of state-of-art technologies are anticipated to foster
the veterinary Point-of-Care (PoC) diagnostic market.
growing companion animal population
rising demand for pet insurance & growing animal health expenditure
growing prevalence of animal zoonotic diseases
There are at least 30 important diseases in humans that are transmitted through animals. Most
human infections come from companion animals such as dogs and cats and livestock such as pigs,
chicken, cattle, goats, and camels. Some of the major zoonotic diseases transmitted through
animals to humans are zoonotic gastrointestinal disease, leptospirosis, cysticercosis, zoonotic
tuberculosis, and rabies.
Increasing number of veterinary practitioners
Increase in income levels in developed economies
Increasing pet care costs.
High cost of veterinary imaging instruments
Veterinary diagnostic products are as complex as they are difficult to manufacture. Many of the poultry and
livestock diagnostic products are biologic products that demand materials from living organisms. Market
Global Veterinary POC Diagnostic Market: By Product (Consumab