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CHICAGO, Feb. 2, 2022 /PRNewswire/ — Disruption – Potential opportunity worth USD 1.4 Bn is expected to open up in Veterinary Diagnostics Industry as it heads towards POC diagnostic services. The global veterinary diagnostics market is expected to reach USD 3.9 Bn in value by 2026, owing to the rising demand for animal-derived food products, demand for pet insurance, growing animal health expenditure, and rise in the number of veterinary practitioners and income levels in developed economies.
Some of the opportunity areas for the market players are –
According to MarketsandMarkets™ analysis,
Unknowns and adjacencies
Currently, businesses have low access to primary intelligence to clarify some unknowns and adjacencies in these opportunity areas –
Some of the growth problems encountered by the animal health companies are:
Customer prioritization and assessing unmet needs:
Where to play:
Building a compelling Right-to-Win (RTW):
Key uncertainties/perspectives which industry leaders seek answers to:
For veterinary diagnostics companies:
For Companies in Adjacent markets:
Therefore, MarketsandMarkets™ research and analysis focuses on high growth and niche markets, such as veterinary pharmaceuticals, diagnostics, and medical devices, and other related markets, which will become ~80% of the revenues of diagnostics from animal health industry in the next 5-10 years.
Download PDF Brochure: https://www.marketsandmarkets.com/practices/pdfdownload.asp?p=veterinary-diagnostics
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
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