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Fueling the Growth of the Poultry Diagnostics Market

Poultry Diagnostics Market
The global Poultry Diagnostics Market is estimated to be valued at US$ 536.7 Mn in 2023 and is expected to exhibit a CAGR of 11% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Poultry diagnostics involve screening for various infectious diseases and contamination of poultry products by viruses, bacteria, parasites, and other agents. Diagnosis provides accurate identification of diseases, thereby enabling prompt treatment and management of flocks to reduce mortality and increase production. The diagnostics tools available for poultry include ELISA tests, PCR tests, and other molecular diagnostic tests.
Market Overview:
The poultry diagnostics market comprises products such as ELISA tests, PCR tests, and other molecular diagnostic tests used for screening diseases such as avian influenza, Newcastle disease, Marek’s disease, infectious bronchitis, and Salmonella. These diagnostic tools help in early and accurate detection of diseases, which allows prevention of economic losses incurred due to mortality and treatment costs.
Market key trends:
The adoption of vaccine programs and screening of flocks is growing owing to increasing risk of transboundary diseases. Moreover, restrictions on the use of antibiotics as growth promoters in poultry production have augmented the demand for accurate diagnostic tests for the treatment of bacterial infections. Rising consumption of poultry meat and animal welfare regulations supporting disease management in flocks are also driving the growth of the poultry diagnostics market. However, high costs of advanced veterinary diagnostic devices and lack of animal health awareness in developing regions restrict the market growth.
Segment Analysis:
The global poultry diagnostic market is segmented into type, end-user, and region. Based on type, the market is further classified into ELISA tests, PCR tests, and others. ELISA tests are the largest and most dominating sub-segment due to high adoption by veterinarians and poultry producers for initial screening of diseases through easy and affordable testing.
Key Takeaways:
The Global Poultry Diagnostics Market Demand is expected to witness high growth, exhibiting a CAGR of 11% over the forecast period, due to increasing prevalence of zoonotic diseases requiring rapid detection.
Regional analysis
North America dominates the global poultry diagnostics market owing to rising animal health expenditure and increasing adoption of advanced diagnostic technologies in the region. Asia Pacific exhibits the fastest growth due to growing meat consumption and increasing awareness regarding animal welfare in emerging nations such as India and China.
Key players
Key players operating in the poultry diagnostics market are Zoetis, Thermo Fisher Scientific Inc., Baltivet, Bioingentech, Devex, BioChek, QIAGEN, Bioneer Corporation, Megacor Diagnostik GmbH, Merck & Co., Inc., IdentiGEN, Abaxis, BIOMERIEUX, Transasia Bio-Medicals, Boehringer Ingelheim International GmbH, EW Group Ltd., and Hygiena, LLC.

Read More - ​https://www.trendingwebwire.com/poultry-diagnostics-market-forecasts-and-outlook-analysis/
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