(Health-NewsWire.Net, October 11, 2018 ) Industry Outlook & Trend Analysis. The Poultry Diagnostics market was worth USD 0.25 million in 2014 and is expected to reach approximately USD 0.62 million by 2023 at a CAGR of 10.45%. The poultry market growth is propelled by rising awareness of consumer regarding poultry food safety and increasing epidemics of avian and zoonotic diseases. Besides these, high demand for poultry vaccinations and checking the birds for presence of disease pathogens are boosting the market growth. The market is expected to grow substantially besides some factors such as high cost, lack of animal health awareness and disputes related to trade may restrain the growth.
Competitive Insights The leading players in market are Thermo Fisher Scientific, GD Animal Health, BioinGentech Biotechnologies, BioChek, MEGACOR Diagnostik, IDEXX Laboratories, IDVet, AffiniTech, QIAGEN N.V., Zoetis, AgroBioTek International, Boehringer Ingelheim and BioNote. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
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Test Type Outlook & Trend Analysis Based on test types the poultry tests are differentiated into ELISA and PCR. ELISA holds the majority in test type market as it is cost effective, accurate and has good sensitivity. It has been used for various types of avian diseases in many regions. Tests based on PCR hold another major part of market. This test is chiefly used for Newcastle, Mycoplasma infections and other types of influenza.
Disease Type Outlook & Trend Analysis On the basis of diseases the market is categorized into Avian Salmonellosis, Avian Influenza, Avian Pasteurellosis, Newcastle Disease, Infectious Bronchitis, and Encephalomyelitis. Owing to frequent outbreaks of influenza (bird flu) in Southeast Asian countries, the Avian Influenza contributed to largest share in market of XX%. Low pathogen type diseases which cause respiratory issues, subclinical infections and deterioration in egg production. Other types of rare diseases are estimated to grow substantially during the forecast period. Technological advancements leading to detection of rare diseases will be boosting the poultry diagnostics market.
Service Type Outlook & Trend Analysis The service based market is divided into Parasitology, Virology and Bacteriology. Various measures taken by APAC and Europe region to regularly test for diagnostics of various zoonotic diseases has led to substantial growth of bacteriology service and is predicted to grow with highest CAGR during forecast. Other service will continue to grow with high demand of tests globally.
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Regional Outlook & Trend Analysis Geographically the market is divided into North America, Asia-Pacific, Europe and Rest of World. Large livestock population, increasing demand for poultry-derived foods, rising concerns about health of poultry animals and increasing per capita spending on same will be contributing to Asia-Pacific’s growth which is predicted to be the highest during the forecast period.
The Poultry Diagnostics Market is segmented as follows- By Test Type: ELISA PCR
By Disease Type: Avian Salmonellosis Avian Influenza Avian Pasteurellosis Newcastle Disease Infectious Bronchitis Encephalomyelitis
By Service Type: Parasitology Virology Bacteriology
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Qurate Business Intelligence
Nehal Chinoy
+919881074592
nehal@qurateresearch.com
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