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Pulished Date April, 2021
ID: 71
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Latin America Veterinary Diagnostics Market Analysis - By Product, Animals & Country (Brazil, Argentina, Chile & Rest of Latin America) - Industry Analysis, Size, Share, Growth, Trends, Forecast (2021 to 2026)

Pulished: April, 2021
ID: 71
Pages: 145

Latin America Veterinary Diagnostics Market Size (2021 to 2026)

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

Latin America 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 in the world is proving to be a lucrative market for investors. Adding to that, the market for Molecular diagnostics is expected to grow at a higher than that of Immunodiagnostics due to the broad scope it has 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 market growth. Also, economic downturn, growing acquisition of vegetarian food due to lifestyle changes, the rising threat of obesity, and exhibition to global cuisines are hampering the veterinary diagnostics market growth in this region.

This research report segmented and sub-segmented into the following categories:

  • By Product: Clinical Chemistry, Molecular Diagnostics, Haematology, Diagnostic Imaging, and Immunodiagnostics
  • By Animals: Companion Animals and Food-Producing Animals
  • By Country: Brazil, Argentina, Chile and Rest of Latin America

Regionally, within Latin America, the Brazilian veterinary diagnostics market is anticipated to grow with the highest CAGR of this region. It is likely to continue its dominance over the period. The factor owing to growth is the number of critical diseases in pet animals like foot and mouth diseases, which influence the industries to develop new drugs for animal pets to improve their life span.

Mexico is anticipated to grow with the leading position of this region due to the growing demand for various animal healthcare products and services, increasing pet obtainments, and concerns related to animal health.

Leading companies operating in the Latin America Veterinary Diagnostics Market are VCA Inc., Heska Corporation, Abaxis Inc., VIRBAC, IDEXX Laboratories Inc., Life Technologies Corporation, Bio-Rad Laboratories Inc., Prionics Ae G, 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                              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Latin America Veterinary Diagnostics Market By Region, From 2021 to 2026 (USD Million)
  2. Latin America Veterinary Diagnostics Market By Product, From 2021 to 2026 (USD Million)
  3. Latin America Clinical Chemistry Market By Region, From 2021 to 2026 (USD Million)
  4. Latin America Molecular Diagnostics Market By Region, From 2021 to 2026 (USD Million)
  5. Latin America Haemotology Market By Region, From 2021 to 2026 (USD Million)
  6. Latin America Diagnostic Imaging Market By Region, From 2021 to 2026 (USD Million)
  7. Latin America Immunodiagnostics Market By Region, From 2021 to 2026 (USD Million)
  8. Latin America Veterinary Diagnostics Market By Animals, From 2021 to 2026 (USD Million)
  9. Latin America Companion Animals Market By Region, From 2021 to 2026 (USD Million)
  10. Latin America Food-Producing Animals Market By Region, From 2021 to 2026 (USD Million)
  11. Latin America Clinical Chemistry Market By Type, From 2021 to 2026 (USD Million)
  12. Latin America Urine Analysis Market By Region, From 2021 to 2026 (USD Million)
  13. Latin America Glucose Monitoring Market By Region, From 2021 to 2026 (USD Million)
  14. Latin America Blood Gas Electrolyte Analysis Market By Region, From 2021 to 2026 (USD Million)
  15. Latin America Molecular Diagnostics Market By Type, From 2021 to 2026 (USD Million)
  16. Latin America Micro Arrays Market By Region, From 2021 to 2026 (USD Million)
  17. Latin America PCR Tests Market By Region, From 2021 to 2026 (USD Million)
  18. Latin America Other Molecular Diagnostics Tests Market By Region, From 2021 to 2026 (USD Million)
  19. Latin America Haemotology Market By Type, From 2021 to 2026 (USD Million)
  20. Latin America Haemotology Analysers Market By Region, From 2021 to 2026 (USD Million)
  21. Latin America Haemotology Catridges Market By Region, From 2021 to 2026 (USD Million)
  22. Latin America Diagnostic Imaging Market By Type, From 2021 to 2026 (USD Million)
  23. Latin America Radiography Systems Market By Region, From 2021 to 2026 (USD Million)
  24. Latin America Ultrasound Imaging Systems Market By Region, From 2021 to 2026 (USD Million)
  25. Latin America CT Scanners Market By Region, From 2021 to 2026 (USD Million)
  26. Latin America MRI Scanners Market By Region, From 2021 to 2026 (USD Million)
  27. Latin America Immunodiagnostics Market By Type, From 2021 to 2026 (USD Million)
  28. Latin America Immunoassay Analysers Market By Region, From 2021 to 2026 (USD Million)
  29. Latin America ELISA Tests Market By Region, From 2021 to 2026 (USD Million)
  30. Latin America Lateral-Flow Strip Readers Market By Region, From 2021 to 2026 (USD Million)
  31. Latin America Lateral-Flow Rapid Tests Market By Region, From 2021 to 2026 (USD Million)
  32. Latin America Allergen specific Immunodiagnostic Tests Market By Region, From 2021 to 2026 (USD Million)
  33. Latin America Companion Animals Diagnostics Market By Type, From 2021 to 2026 (USD Million)
  34. Latin America Canine Diagnostics Market By Region, From 2021 to 2026 (USD Million)
  35. Latin America Feline Diagnostics Market By Region, From 2021 to 2026 (USD Million)
  36. Latin America Other Veterinary Diagnostics Market By Region, From 2021 to 2026 (USD Million)
  37. Latin America Food-Producing Animals Diagnostics Market By Type, From 2021 to 2026 (USD Million)
  38. Latin America Bovine Diagnostics Market By Region, From 2021 to 2026 (USD Million)
  39. Latin America Porcine Diagnostics Market By Region, From 2021 to 2026 (USD Million)
  40. Latin America Ovine Diagnostics Market By Region, From 2021 to 2026 (USD Million)
  41. Latin America Poultry Diagnostics Market By Region, From 2021 to 2026 (USD Million)
  42. Latin America Piscine Diagnostics Market By Region, From 2021 to 2026 (USD Million)
  43. Brazil Veterinary Diagnostics Market By Product, From 2021 to 2026 (USD Million)
  44. Brazil Veterinary Diagnostics Market By Animals, From 2021 to 2026 (USD Million)
  45. Argentina Veterinary Diagnostics Market By Product, From 2021 to 2026 (USD Million)
  46. Argentina Veterinary Diagnostics Market By Animals, From 2021 to 2026 (USD Million)
  47. Mexico Veterinary Diagnostics Market By Product, From 2021 to 2026 (USD Million)
  48. Mexico Veterinary Diagnostics Market By Animals, From 2021 to 2026 (USD Million)
  49. Brazil Clinical Chemistry Market By Type, From 2021 to 2026 (USD Million)
  50. Argentina Clinical Chemistry Market By Type, From 2021 to 2026 (USD Million)
  51. Mexico Clinical Chemistry Market By Type, From 2021 to 2026 (USD Million)
  52. Brazil Molecular Diagnostics Market By Type, From 2021 to 2026 (USD Million)
  53. Argentina Molecular Diagnostics Market By Type, From 2021 to 2026 (USD Million)
  54. Mexico Molecular Diagnostics Market By Type, From 2021 to 2026 (USD Million)
  55. Brazil Haemotology Market By Type, From 2021 to 2026 (USD Million)
  56. Argentina Haemotology Market By Type, From 2021 to 2026 (USD Million)
  57. Mexico Haemotology Market By Type, From 2021 to 2026 (USD Million)
  58. Brazil Diagnostic Imaging Market By Type, From 2021 to 2026 (USD Million)
  59. Argentina Diagnostic Imaging Market By Type, From 2021 to 2026 (USD Million)
  60. Mexico Diagnostic Imaging Market By Type, From 2021 to 2026 (USD Million)
  61. Brazil Immunodiagnostics Market By Type, From 2021 to 2026 (USD Million)
  62. Argentina Immunodiagnostics Market By Type, From 2021 to 2026 (USD Million)
  63. Mexico Immunodiagnostics Market By Type, From 2021 to 2026 (USD Million)
  64. Brazil Companion Animals Diagnostics Market By Type, From 2021 to 2026 (USD Million)
  65. Argentina Companion Animals Diagnostics Market By Type, From 2021 to 2026 (USD Million)
  66. Mexico Companion Animals Diagnostics Market By Type, From 2021 to 2026 (USD Million)
  67. Brazil Food-Producing Animals Diagnostics Market By Type, From 2021 to 2026 (USD Million)
  68. Argentina Food-Producing Animals Diagnostics Market By Type, From 2021 to 2026 (USD Million)
  69. Mexico Food-Producing Animals Diagnostics Market By Type, From 2021 to 2026 (USD Million)

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