
Report ID: SQMIG35B2069
SkyQuest Technology's Veterinary rapid diagnostic test market size, share and forecast Report is based on the analysis of market data and Industry trends impacting the global Veterinary Rapid Diagnostic Test Market and the revenue of top companies operating in it. Market Size Data and Statistics are based on the comprehensive research by our Team of Analysts and Industry experts.
Global Veterinary Rapid Diagnostic Test Market size was valued at USD 934.2 million in 2023 and is poised to grow from USD 1032.29 million in 2024 to USD 2294.57 million by 2032, growing at a CAGR of 10.5% during the forecast period (2025-2032).
Animal disease diagnostics enables vets to identify the underlying causes of illnesses and offer an early prognosis to stop the deterioration of animal health. Since most farm animals are food-producing creatures, farmers must routinely check on the health of their livestock. There is always a danger that people could contract an infection after eating foods made from infected animals, thus the meals from animals should be free of disease. Additionally, if the illness or infection is not discovered quickly, it may result in the death of the diseased animals, costing farmers money. As the findings are generated in a matter of minutes, rapid test kits aid in early diagnosis.
Additionally, compared to swift tests, conventional testing procedures take a lot longer to produce results, which could further delay the treatment of animals. Rapid tests are portable kits or analyzers that farmers can use wherever they like. These exams are easy to use and don't require any special training to execute. Pets and companion animals are seen as members of the family and given similar treatment. There has been an increase in public awareness of the value of routine pet exams. Dogs frequently contract heartworm, parvovirus, and ringworm illnesses. For diseases like heartworm and feline leukaemia, rapid test kits are less expensive and more accessible than traditional testing procedures.
US Veterinary Rapid Diagnostic Test Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG35B2069
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