Veterinary Molecular Diagnostics Market Is Expected To Reach $ 2.23 Billion By 2030
San Francisco, 16 Sep 2024: The Report Veterinary Molecular Diagnostics Market Size, Share & Trends Analysis Report By Product, By Animal Type, By Technology, By Application, By End-use, By Region, And Segment Forecasts, 2024 - 2030 The global veterinary molecular diagnostics market size is expected to reach USD 2.23 billion by 2030, registering a CAGR of 10.5 % from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is primarily driven by growing animal population and ownership rates, increased expenditure on animals, an increasing focus on preventative animal healthcare, and advances in veterinary molecular diagnostic testing, and growing R&D investment in animal health diagnostics to launch innovative products. For instance, in March 2023, Biotangents launched its AmpliSpec LAB BVDV, a new molecular diagnostic assay to detect Bovine Viral Diarrhoea Virus (BVDV) in cattle. The assay utilizes isothermal amplification for cost-effectiveness and