Livestock Diagnostics Market Size, Trends & Growth Opportunity, by Product (Consumables {Influenza, Foot and Mouth Disease}, System, Software), Technology (Immunodiagnostics {ELISA}, Molecular diagnostics {PCR}), Animal Type (Bovine, Swine, Poultry), and End Users (Reference Laboratories, Livestock Hospitals & Clinics, POC Testing) Region and forecast till 2027.

 Livestock Diagnostics Market

Livestock diagnostics are critical for animal health, identifying health issues before they are otherwise able to be detected and supporting faster diagnosis and treatment planning.

Traditional diagnosis analyzes blood, tissue, urine or stool to detect proteins, antibodies, disease presence or general indicators of overall health. Lab-based testing ensures accurate, quality results while point-of-care diagnostics enable real-time decisions that can ease concerned animal owners. These analyses are a cornerstone of Livestock care.

 Drivers: Increasing Prevalence of Foodborne and Zoonotic Diseases

Animals can sometimes appear healthy even if they carry pathogens, depending on the zoonosis. Because animals also provide us with food for consumption, zoonotic foodborne infections are caused by consuming food or water contaminated with pathogenic microorganisms. Many of these microorganisms are commonly found in the gut of healthy food-producing animals, which are then transmitted to humans.

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Restraints: Dearth of Livestock Practitioners for Livestock Animals

The shortage of Livestock practitioners for livestock animals is hindering the market's growth to some extent as there is high cost of professional Livestock medical education.

 Impact of COVID-19

The COVID-19 pandemic impacted various industries, and authorities took preventative measures to control the spread of the virus. The implementation of lockdowns, travel restrictions, and closing down of meat-producing plants negatively affected the supply chain of the meat products. Many processing plants were shut down as they were identified as major outbreak spots for COVID-19 infections due to workers working near each other.

In 2020, U.S. Centers for Disease Control and Prevention (CDC) surveyed COVID-19 cases among workers in 115 meat processing facilities across the 19 states in the U.S. The CDC found that among 130,000 workers at these facilities, there were 4,913 confirmed cases of COVID-19 and 20 deaths. For instance, according to the U.S. Department of Agriculture (USDA), global merchandise trade fell 14% in the second quarter of 2020 compared to the same time in 2019. This reduced the demand for U.S. meat products. In addition to that, in July 2020, the U.S. export of beef was reduced by 8% compared to 2019. This negative impact on animal-derived products is likely to negatively impact the livestock diagnostics market.

SARS-CoV-2 infections have been reported in a small number of livestock animals worldwide, mostly in animals that had close contact with a sick person with COVID-19. Many research projects are underway to develop innovative products for the early diagnosis of COVID-19 infection in animals. Thus, the upcoming years would provide rapid development of diagnostic products against COVID-19, thereby driving the market growth.

Segmentation By Product:

Depending on Product, the market is bifurcated into Consumables, Systems and Softwares. The consumables segment is projected to witness the fastest growth in the livestock diagnostics market through 2027. Growth in this segment is primarily driven by increasing demand for consumables with the increasing volume of livestock diagnostic tests and the availability of a wide range of reagents and consumables. for various diseases. Apart from that, increase in animal health assessment initiatives, growing awareness of regular animal health inspections leading to frequent use of consumables, and emergence of various POC tests and studies support the growth in this segment.

Segmentation By End User:

On the basis of end user, it is segregated into Reference Laboratries, Livestock Hospitals & Clinics and POC Testing.

Segmentation By Technology:

On the Basis of Technology, the market is segmented into Immunodiagnostics, Molecular Diagnostics and other Technologies. The immunodiagnostics segment is set to dominate the cattle diagnostics market for the forecast period. The growth of the Immunodiagnostics segment is attributed to increasing adoption of diagnostic products based on immunodiagnostic technology and advanced diagnostic immunoassay tests. In addition, an increasing preference by veterinarians for immunodiagnostic tests due to their high standards of accuracy, increasing use of miniaturized equipment, and increasing automation trend in immunoassay instruments contribute to most of the segment.

Segmentation by Animal Type:

On the basis of Animal type, the market is segmented into Immunodiagnostics, Molecular Diagnostics, and other technologies. The Swine segment is set to register the fastest CAGR over the forecast period. Factors contributing to growth are the increasing demand for pork, the increasing incidence of swine infections, the development of zoonotic disease prevention programs and campaigns, and the funding of swine research.

Segmentation by Region

Based on region, the NGS services market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia Pacific: Fastest growing regional market. In 2021, North America is projected to capture the largest share of the global livestock diagnostics market, followed by Europe, Asia-Pacific, Latin America, and the Middle East & Africa. However, Asia Pacific will be the fastest growing regional market. due to the large livestock population, the increased occurrence of various zoonotic diseases and the focus on the introduction of new technologies in animal health.

Competitive Landscape:

The report includes a competitive landscape based on an extensive assessment of the key strategic developments that market participants adopted over the past four years. The key players profiled in the global livestock diagnostics market report are IDEXX Laboratories, Inc. (U.S.), Zoetis Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.), bioMérieux S.A. (France).

Industrial Development:

In November 2021, FUJIFILM Europe aims to expand its Livestock diagnostic customer portfolio with products and services with the purchase of DMV Imaging. DMV Imaging, headquartered in Lyon, France, has specialized in offering Livestock POC laboratory diagnostics.

In January 2021, Heska entered into an agreement to acquire Lacuna Diagnostics, Inc. This enabled the company to enter the clinical specialty services space. In March 2021, Zomedica Corp., a Livestock health corporation producing point-of-care diagnostics products for cats and dogs, recorded the first veterinarian sale of TRUFORMA and officially entered commercialization.

Market taxonomy

Livestock Diagnostics Market, by Product

• Consumables
  • Bovine Viral Diarrhea (BVD)
  • Influenza
  • Foot and Mouth Disease (FMD)
  • Bluetongue (BTV)
  • Bovine Tuberculosis (TB)
  • Bovine Herpes Virus (BHV)
  • Porcine Reproductive and Respiratory Syndrome (PRRS)
  • Newcastle Disease
  • Avian Mycoplasma
  • Other Diseases
    (Note: Other diseases include infectious bronchitis virus, pneumonia, Mycoplasmosis, bovine spongiform encephalopathy, anemia, Johne’s Disease, Equine Piroplasmosis)
• Systems
• Software

Livestock Diagnostics Market, by Technology

• Immunodiagnostics
• Molecular Diagnostics
• Other Technologies

Livestock Diagnostics Market, by Animal Type

• Ruminants
• Swine
• Poultry
• Other Animals
  (Note: Other animals include equine and fish)

Livestock Diagnostics Market, by End User

• Reference Laboratories
• Diagnostic Hospitals & Clinics
• Point-Of-Care Testing

By Region

•        North America
•         Europe
•        Asia Pacific
•        Latin America
•        Middle East & Africa