About Poultry Diagnostics
Poultry Diagnostics offers a wide range of services for poultry, including necropsies, bacteriology, virology, and molecular diagnostics of poultry diseases. Additionally, the manufacture of custom-made (autogenous) vaccines (bacterial and viral) and PCR-kits round out the portfolio for poultry veterinarians and diagnostic labs. The advent of animal health information portals, especially in developed economies, is expected to drive development. Over the forecast period, the overall demand is projected to rise due to an increase in government measures to promote animal health products.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 10.0% |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Poultry Diagnostics market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
AffiniTech, LTD. (United States), AgroBioTek Internacional (El Salvador), BioChek (Netherlands), BioNote, Inc. (South Korea), BioinGentech Biotechnologies, Inc. (Chile), Boehringer Ingelheim (Germany), GD Animal Health (Netherlands), IDEXX Laboratories, Inc. (United States), IDvet (France) and MEGACOR Diagnostik GmbH (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Qiagen N.V. (Germany), Thermo Fisher Scientific Inc. (United States), Bioneer Corp. (South Korea) and Zoetis Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Poultry Diagnostics market by and Region.
On the basis of geography, the market of Poultry Diagnostics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Services, the sub-segment i.e. Bacteriology will boost the Poultry Diagnostics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Test, the sub-segment i.e. ELISA Test will boost the Poultry Diagnostics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Diseases, the sub-segment i.e. Avian Salmonellosis will boost the Poultry Diagnostics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Outsourcing Diagnostic Testing Services to Reference Labs and Rising Number of Research Collaborations
Market Growth Drivers:
Rise of Poultry Diseases such as Avian Influenza and Growing Demand for Advanced Diagnostic Devices
Challenges:
Lack of Awareness regarding the Health of Animals across Several Regions
Restraints:
High Costs of Poultry Production
Opportunities:
Programs by Governments to Promote Various Animal Health Products and Technological Advancements in Poultry Diagnostics
Market Leaders and their expansionary development strategies
In May 2023, IDEXX Laboratories, Inc. USA recently partnered up with Haychem Bangladesh Limited (a subsidiary of Hayleys Agriculture Holdings Limited, Sri Lanka). IDEXX Laboratories, Inc. is an American multinational corporation that specializes in the development, manufacture, and distribution of veterinary diagnostic products and services. The company is a pioneer and global leader in veterinary diagnostics. As a Fortune 500 company, IDEXX is known for its cutting-edge diagnostic solutions.
In Apr 2020, BioChek, the specialist company to offer innovative and user-friendly veterinary diagnostic tools, announced the successful acquisition of BIOTECON, which specialized in the development and manufacturing of PCR-based solutions for food safety diagnostics.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Poultry Diagnostics Providers, Government Regulatory and Research Organizations and End-Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.