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Latin America Veterinary Diagnostics Market Research Report - Segmented By Product, Animals & Country (Brazil, Argentina, Chile & Rest of Latin America) - Industry Analysis, Size, Share, Trends, COVID-19 Impact & Growth Forecast (2022 to 2027)

Published: January, 2022
ID: 71
Pages: 145

Latin America Veterinary Diagnostics Market Size (2022 to 2027)

With the emergence of new and technologically advanced products in the past few years, the market is showing significant growth.

Latin American market for Immunodiagnostics is expected to grow at a higher CAGR due to the increase in the number of foodborne diseases affecting the animals and the rise in government regulations to maintain animal health. Especially Brazil, which is the 9th largest economy globally, is proving to be a lucrative market for investors. Adding to that, the market for Molecular diagnostics is expected to grow higher than that of Immunodiagnostics due to its broad scope over the likes of the latter.

An increase in purchase and usage of various diagnostic instruments utilized in veterinary practices, in-clinic diagnostic procedures, high-income households that keep pets, and regularly visit veterinary laboratories are propelling the growth of this market. However, increasing the adoption of vegetarian food due to changing food habits, the economic downturn, the increasing risk of obesity, exposure to global cuisines, and other diseases affect the growth.

Increasing costs related to pet care and imaging devices may restrain the market growth. Also, the economic downturn, the growing acquisition of vegetarian food due to lifestyle changes, the rising threat of obesity, and exhibition to global cuisines are hampering this region's veterinary diagnostics market growth.

This research report on the Latin American veterinary diagnostics market has been segmented and sub-segmented into the following categories:

By Product Type: 

  • Clinical Chemistry
    • Urine Analysis
    • Glucose Monitoring
    • Blood Gas Electrolyte Analysis
  • Molecular Diagnostics        
    • Micro Arrays
    • PCR Tests
    • Other Molecular Diagnostics Tests
  • Hematology         
    • Hematology Analysers
    • Hematology Cartridges
  • Diagnostic Imaging              
    • Radiography Systems
    • Ultrasound Imaging Systems
    • CT Scanners
    • MRI Scanners
  • Immunodiagnostics            
    • Immunoassay Analysers
    • ELISA Tests
    • Lateral-Flow Strip Readers
    • Lateral-Flow Rapid Tests
    • Allergen-specific Immunodiagnostic Tests

By Animals: 

  • Companion Animals            
    • Canine Diagnostics
    • Feline Diagnostics
    • Other Veterinary Diagnostics
  • Food-Producing Animals   
    • Bovine Diagnostics
    • Porcine Diagnostics
    • Ovine Diagnostics
    • Poultry Diagnostics
    • Piscine Diagnostics

By Country: 

  • Mexico
  • Brazil
  • Argentina
  • Chile
  • Rest of Latin America

Regionally, within Latin America, the Brazilian veterinary diagnostics market is anticipated to grow at a prominent CAGR during the forecast period owing to growth in the number of critical diseases in pet animals such as foot and mouth diseases that influence the market participants to develop new drugs for animal pets to improve their life span.

The Mexican veterinary diagnostics market is expected to grow to be another lucrative regional market in the Latin American market due to the growing demand for various animal healthcare products and services, increasing pet obtainments, and concerns related to animal health.

KEY MARKET PLAYERS:

Companies playing a notable role in the Latin American veterinary diagnostics market profiled in this report are VCA Inc., Heska Corporation, Abaxis Inc., VIRBAC, IDEXX Laboratories Inc., Life Technologies Corporation, Bio-Rad Laboratories Inc., Prionics AG, and Pfizer. Inc.

1.Introduction                                  

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                           

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                              

                2.2 Analysis Design                         

                2.3 Research Phases                      

                                2.3.1 Secondary Research            

                                2.3.2 Primary Research 

                                2.3.3 Econometric Modelling     

                                2.3.4 Expert Validation  

                2.4 Study Timeline                          

3. Overview                                      

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 New Developments                

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                      

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market               

5. Market Segmentation                                              

                5.1 By Product                  

                                5.1.1 Clinical Chemistry

                                                5.1.1.1 Urine Analysis

                                                5.1.1.2 Glucose Monitoring

                                                5.1.1.3 Blood Gas Electrolyte Analysis

                                5.1.2 Molecular Diagnostics        

                                                5.1.2.1 Micro Arrays

                                                5.1.2.2 PCR Tests

                                                5.1.2.3 Other Molecular Diagnostics Tests

                                5.1.3 Haemotology         

                                                5.1.3.1 Haemotology Analysers

                                                5.1.3.2 Haemotology Catridges

                                5.1.4 Diagnostic Imaging              

                                                5.1.4.1 Radiography Systems

                                                5.1.4.2 Ultrasound Imaging Systems

                                                5.1.4.3 CT Scanners

                                                5.1.4.4 MRI Scanners

                                5.1.5 Immunodiagnostics            

                                                5.1.5.1 Immunoassay Analysers

                                                5.1.5.2 ELISA Tests

                                                5.1.5.3 Lateral-Flow Strip Readers

                                                5.1.5.4 Lateral-Flow Rapid Tests

                                                5.1.5.5 Allergen specific Immunodiagnostic Tests

                5.2 By Animals                  

                                5.2.1 Companion Animals            

                                                5.2.1.1 Canine Diagnostics

                                                5.2.1.2 Feline Diagnostics

                                                5.2.1.3 Other Veterinary Diagnostics

                                5.2.2 Food-Producing Animals   

                                                5.2.2.1 Bovine Diagnostics

                                                5.2.2.2 Porcine Diagnostics

                                                5.2.2.3 Ovine Diagnostics

                                                5.2.2.4 Poultry Diagnostics

                                                5.2.2.5 Piscine Diagnostics

6. Geographical Analysis                                              

                6.1 Introduction                              

                6.2 Brazil                             

                6.3 Argentina                    

                6.4 Mexico                         

7.Strategic Analysis                                        

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental      

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services

                                7.2.5 Competitive Rivalry within the Industry      

8.Market Leaders' Analysis                                          

                8.1 Abaxis Inc.                  

                                8.1.1 Overview

                                8.1.2 Product Analysis   

                                8.1.3 Strategic Evaluation and Operations            

                                8.1.4 Financial analysis  

                                8.1.5 Legal issues            

                                8.1.6 Recent Developments       

                                8.1.7 SWOT analysis       

                                8.1.8 Analyst View          

                8.2 Heska Corporation                  

                8.3 VCA Inc.                       

                8.4 IDEXX Laboratories                  

                8.5 Life Technologies Corporation                            

                8.6 Bio-Rad Laboratories Inc.                      

                8.7 Prionics AG                 

                8.8 Pfizer Inc.                    

                8.9 VIRBAC                        

                8.10 Zoetis Inc.                 

9.Competitive Landscape                                            

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                        

                9.3 Agreements, collaborations and Joint Ventures                          

                9.4 New Product Launches                          

10.Expert Opinions                                         

                10.1 Market Outlook                     

                10.2 Investment Opportunities                 

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  1. Latin America Veterinary Diagnostics Market By Region, From 2022 - 2027 (USD Million)
  2. Latin America Veterinary Diagnostics Market By Product, From 2022 - 2027 (USD Million)
  3. Latin America Clinical Chemistry Market By Region, From 2022 - 2027 (USD Million)
  4. Latin America Molecular Diagnostics Market By Region, From 2022 - 2027 (USD Million)
  5. Latin America Haemotology Market By Region, From 2022 - 2027 (USD Million)
  6. Latin America Diagnostic Imaging Market By Region, From 2022 - 2027 (USD Million)
  7. Latin America Immunodiagnostics Market By Region, From 2022 - 2027 (USD Million)
  8. Latin America Veterinary Diagnostics Market By Animals, From 2022 - 2027 (USD Million)
  9. Latin America Companion Animals Market By Region, From 2022 - 2027 (USD Million)
  10. Latin America Food-Producing Animals Market By Region, From 2022 - 2027 (USD Million)
  11. Latin America Clinical Chemistry Market By Type, From 2022 - 2027 (USD Million)
  12. Latin America Urine Analysis Market By Region, From 2022 - 2027 (USD Million)
  13. Latin America Glucose Monitoring Market By Region, From 2022 - 2027 (USD Million)
  14. Latin America Blood Gas Electrolyte Analysis Market By Region, From 2022 - 2027 (USD Million)
  15. Latin America Molecular Diagnostics Market By Type, From 2022 - 2027 (USD Million)
  16. Latin America Micro Arrays Market By Region, From 2022 - 2027 (USD Million)
  17. Latin America PCR Tests Market By Region, From 2022 - 2027 (USD Million)
  18. Latin America Other Molecular Diagnostics Tests Market By Region, From 2022 - 2027 (USD Million)
  19. Latin America Haemotology Market By Type, From 2022 - 2027 (USD Million)
  20. Latin America Haemotology Analysers Market By Region, From 2022 - 2027 (USD Million)
  21. Latin America Haemotology Catridges Market By Region, From 2022 - 2027 (USD Million)
  22. Latin America Diagnostic Imaging Market By Type, From 2022 - 2027 (USD Million)
  23. Latin America Radiography Systems Market By Region, From 2022 - 2027 (USD Million)
  24. Latin America Ultrasound Imaging Systems Market By Region, From 2022 - 2027 (USD Million)
  25. Latin America CT Scanners Market By Region, From 2022 - 2027 (USD Million)
  26. Latin America MRI Scanners Market By Region, From 2022 - 2027 (USD Million)
  27. Latin America Immunodiagnostics Market By Type, From 2022 - 2027 (USD Million)
  28. Latin America Immunoassay Analysers Market By Region, From 2022 - 2027 (USD Million)
  29. Latin America ELISA Tests Market By Region, From 2022 - 2027 (USD Million)
  30. Latin America Lateral-Flow Strip Readers Market By Region, From 2022 - 2027 (USD Million)
  31. Latin America Lateral-Flow Rapid Tests Market By Region, From 2022 - 2027 (USD Million)
  32. Latin America Allergen specific Immunodiagnostic Tests Market By Region, From 2022 - 2027 (USD Million)
  33. Latin America Companion Animals Diagnostics Market By Type, From 2022 - 2027 (USD Million)
  34. Latin America Canine Diagnostics Market By Region, From 2022 - 2027 (USD Million)
  35. Latin America Feline Diagnostics Market By Region, From 2022 - 2027 (USD Million)
  36. Latin America Other Veterinary Diagnostics Market By Region, From 2022 - 2027 (USD Million)
  37. Latin America Food-Producing Animals Diagnostics Market By Type, From 2022 - 2027 (USD Million)
  38. Latin America Bovine Diagnostics Market By Region, From 2022 - 2027 (USD Million)
  39. Latin America Porcine Diagnostics Market By Region, From 2022 - 2027 (USD Million)
  40. Latin America Ovine Diagnostics Market By Region, From 2022 - 2027 (USD Million)
  41. Latin America Poultry Diagnostics Market By Region, From 2022 - 2027 (USD Million)
  42. Latin America Piscine Diagnostics Market By Region, From 2022 - 2027 (USD Million)
  43. Brazil Veterinary Diagnostics Market By Product, From 2022 - 2027 (USD Million)
  44. Brazil Veterinary Diagnostics Market By Animals, From 2022 - 2027 (USD Million)
  45. Argentina Veterinary Diagnostics Market By Product, From 2022 - 2027 (USD Million)
  46. Argentina Veterinary Diagnostics Market By Animals, From 2022 - 2027 (USD Million)
  47. Mexico Veterinary Diagnostics Market By Product, From 2022 - 2027 (USD Million)
  48. Mexico Veterinary Diagnostics Market By Animals, From 2022 - 2027 (USD Million)
  49. Brazil Clinical Chemistry Market By Type, From 2022 - 2027 (USD Million)
  50. Argentina Clinical Chemistry Market By Type, From 2022 - 2027 (USD Million)
  51. Mexico Clinical Chemistry Market By Type, From 2022 - 2027 (USD Million)
  52. Brazil Molecular Diagnostics Market By Type, From 2022 - 2027 (USD Million)
  53. Argentina Molecular Diagnostics Market By Type, From 2022 - 2027 (USD Million)
  54. Mexico Molecular Diagnostics Market By Type, From 2022 - 2027 (USD Million)
  55. Brazil Haemotology Market By Type, From 2022 - 2027 (USD Million)
  56. Argentina Haemotology Market By Type, From 2022 - 2027 (USD Million)
  57. Mexico Haemotology Market By Type, From 2022 - 2027 (USD Million)
  58. Brazil Diagnostic Imaging Market By Type, From 2022 - 2027 (USD Million)
  59. Argentina Diagnostic Imaging Market By Type, From 2022 - 2027 (USD Million)
  60. Mexico Diagnostic Imaging Market By Type, From 2022 - 2027 (USD Million)
  61. Brazil Immunodiagnostics Market By Type, From 2022 - 2027 (USD Million)
  62. Argentina Immunodiagnostics Market By Type, From 2022 - 2027 (USD Million)
  63. Mexico Immunodiagnostics Market By Type, From 2022 - 2027 (USD Million)
  64. Brazil Companion Animals Diagnostics Market By Type, From 2022 - 2027 (USD Million)
  65. Argentina Companion Animals Diagnostics Market By Type, From 2022 - 2027 (USD Million)
  66. Mexico Companion Animals Diagnostics Market By Type, From 2022 - 2027 (USD Million)
  67. Brazil Food-Producing Animals Diagnostics Market By Type, From 2022 - 2027 (USD Million)
  68. Argentina Food-Producing Animals Diagnostics Market By Type, From 2022 - 2027 (USD Million)
  69. Mexico Food-Producing Animals Diagnostics Market By Type, From 2022 - 2027 (USD Million)

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