Veterinary Rapid Tests Market - By Product type (Kits, Readers), By Test (Antigen, Antibody, Mixed), By Disease Application (Viral, Parasitic, Bacterial, Allergies), By Animal Type (Companion, Livestock), Sample Type, End-user & Forecast, 2023-2032

Description

List of Tables

Global Veterinary Rapid Tests Market size will expand substantially through 2032. Rising demand for point-of-care testing is creating a notable impetus for industry growth. Veterinary rapid tests provide immediate results at the point of care, eliminating the need for sample transportation and reducing turnaround time. Moreover, growing government investments in animal health are creating ample growth opportunities for the industry. In April 2023, USDA announced an investment of around USD 2.29 million to protect animal health.

The overall veterinary rapid tests market is segmented based on product, test, application, animal, sample, end-user, and region.

Regarding the product, the veterinary rapid test readers market size will expand substantially through 2032. Recent advancements in veterinary rapid test readers will present lucrative opportunities for segment growth. Some veterinary rapid test readers can now be integrated with smartphones or tablets. By utilizing the device's camera and dedicated mobile applications, these readers can provide test result analysis and interpretation, eliminating the need for a separate reader. Smartphone integration enhances convenience and accessibility, particularly in remote or mobile veterinary settings.

Based on the test, industry value from the antigen-based rapid test will register significant gains through 2032. The ease of use and cost-effectiveness of these tests favor their adoption. Additionally, these tests can be performed at the point of care, including veterinary clinics, farms, or field settings. They do not require sophisticated laboratory equipment or specialized training, enabling veterinarians to conduct testing in remote or resource-limited areas.

Based on the application, industry value from the bacterial segment will observe significant gains through 2032. Rising prevalence of bacterial infections such as Brucellosis and others in animals has increased the need for veterinary rapid tests. Moreover, industry players in this field are focusing on novel product innovations to stand out from the competition. Growing awareness about animal health is further presenting lucrative opportunities for segment growth.

From the regional perspective, Europe veterinary rapid tests market share will grow at a notable CAGR from 2023 to 2032. Growing pet adoption has increased the demand for veterinary rapid tests in the region. As per the European Pet Food Federation, around 90 million European households, which account for 46% of the population, have companion animals. Europe is also home to major industry players such as Fassisi GmbH and others emphasizing product innovations, further contributing to regional gains.

Product Code: 3455

Chapter 1 Methodology & Scope

1.1 Market definition
1.2 Base estimates and working
1.3 Forecast parameters
1.4 Data validation
1.5 Data sources
- 1.5.1 Secondary
  - 1.5.1.1 Paid sources
  - 1.5.1.2 Unpaid sources

Chapter 2 Executive Summary

2.1 Veterinary rapid tests industry 360 degree synopsis, 2018 - 2032 (USD Million)
2.2 Business trends
- 2.2.1 Product type trends
- 2.2.2 Test type trends
- 2.2.3 Application trends
- 2.2.4 Animal type trends
- 2.2.5 Sample type trends
- 2.2.6 End-user trends
- 2.2.7 Regional trends

Chapter 3 Veterinary Rapid Tests Industry Insights

3.1 Industry landscape, 2018 - 2032 (USD Million)
3.2 Industry impact forces
- 3.2.1 Growth drivers
  - 3.2.1.1 Growing number of companion animal population
  - 3.2.1.2 Increasing prevalence of zoonotic diseases in animals
  - 3.2.1.3 Rising demand for rapid test diagnosis over other tests
  - 3.2.1.4 Increasing pet ownership
- 3.2.2 Industry pitfalls & challenges
  - 3.2.2.1 Limited number of infrastructures for veterinary diagnosis
  - 3.2.2.2 Lack of awareness for veterinary health in underdeveloped countries
  - 3.2.2.3 Increasing cost of animal healthcare
3.3 Growth potential analysis
- 3.3.1 By product type
- 3.3.2 By test type
- 3.3.3 By application
- 3.3.4 By animal type
- 3.3.5 By sample type
- 3.3.6 By end-user
3.4 COVID-19 impact analysis
3.5 Regulatory landscape
- 3.5.1 U.S.
- 3.5.2 Europe
- 3.5.3
3.6 Porter's analysis
3.7 PESTEL analysis

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company matrix analysis, 2022
4.3 Company positioning matrix
4.4 Competitive analysis of major market players
4.5 Strategic outlook matrix
4.6 Strategy dashboard, 2022

Chapter 5 Veterinary Rapid Tests Market Estimates and Forecast, By Product Type (USD Million)

5.1 Key trends, by product type
5.2 Rapid test kits
5.3 Rapid test readers

Chapter 6 Veterinary rapid tests Market Estimates and Forecast, By Test Type (USD Million)

6.1 Key trends, by test type
- 6.1.1 Antigen based rapid test
- 6.1.2 Antigen based rapid test
- 6.1.3 Mixed tests

Chapter 7 Veterinary rapid tests Market Estimates and Forecast, By Application (USD Million)

7.1 Key trends, by application
7.2 Viral
7.3 Parasitic
7.4 Bacterial
7.5 Allergies
7.6 Other applications

Chapter 8 Veterinary rapid tests Market Estimates and Forecast, By Animal Type (USD Million)

8.1 Key trends, by animal type
8.2 Companion animals
- 8.2.1 Dogs
- 8.2.2 Cats
- 8.2.3 Horses
- 8.2.4 Other companion animals
8.3 Livestock animals
- 8.3.1 Cattle
- 8.3.2 Swine
- 8.3.3 Poultry
- 8.3.4 Other livestock animals

Chapter 9 Veterinary rapid tests Market Estimates and Forecast, By Sample Type (USD Million)

9.1 Key trends, by sample type
9.2 Blood
9.3 Feces
9.4 Serum
9.5 Plasma
9.6 Urine
9.7 Other sample types

Chapter 10 Veterinary rapid tests Market Estimates and Forecast, By End-user (USD Million)

10.1 Key trends, by end-user
10.2 Homecare settings
10.3 Veterinary hospitals
10.4 Veterinary clinics
10.5 Other end-users

Chapter 11 Veterinary rapid tests Market Estimates and Forecast, By Region (USD Million)

11.1 Key trends, by region
11.2 North America
- 11.2.1 U.S.
- 11.2.2 Canada
11.3 Europe
- 11.3.1 Germany
- 11.3.2 UK
- 11.3.3 France
- 11.3.4 Spain
- 11.3.5 Italy
- 11.3.6 Russia
- 11.3.7 Rest of Europe
11.4 Asia Pacific
- 11.4.1 China
- 11.4.2 Japan
- 11.4.3 India
- 11.4.4 Australia
- 11.4.5 South Korea
- 11.4.6 Rest of Asia Pacific
- 11.4.7
11.5 Latin America
- 11.5.1 Brazil
- 11.5.2 Mexico
- 11.5.3 Argentina
- 11.5.4 Rest of Latin America
11.6 Middle East & Africa
- 11.6.1 South Africa
- 11.6.2 Saudi Arabia
- 11.6.3 UAE
- 11.6.4 Qatar
- 11.6.5 Rest of Middle East & Africa

Chapter 12 Company Profiles

12.1 Zoetis, Inc.
12.2 IDEXX Laboratories, Inc.
12.3 Heska Corporation
12.4 Thermo Fisher Scientific Inc.
12.5 Biopanda Reagents Ltd.
12.6 Fassisi GmbH
12.7 Swissavans AG
12.8 Virbac
12.9 BioNote, Inc.
12.10 MEGACOR Diagnostik GmbH
12.11 Woodley Equipment Company, Ltd.