Deep Analysis of Impact of COVID-19 on “Poultry Diagnostics Market 2019-2025” Growth Worldwide….


The global poultry diagnostics market is expected to reach USD 771.4 million by 2025, according to a new report by Grand View Research, Inc. Supportive government initiatives and technological advancements in the poultry sectors is anticipated to drive the growth of market over the forecast period.
The key players in poultry diagnostic market include Zoetis, QIAGEN, IDvet, BioChek Smart Veterinary Diagnostics, Bioneer Corporation, Thermo Fisher Scientific Inc., Biogenetics Biotechnology Company, MEGACOR Diagnostik GmbH, IDEXX Laboratories, Inc., and FinTech, LTD.
Disease outbreaks, technological advancements, and supportive government initiatives are the key drivers for the substantial growth of poultry diagnostic market. With the outbreak of catastrophic diseases and erosive diseases such as avian influenza, Newcastle disease, and other respiratory infections the farmers are now going for a preventive diagnosis.
These infections of flocks are affecting the global trade of layers, broilers, turkeys, and water fowl. As a result, there have been continuous efforts to increase the awareness about these diseases amongst poultry farmers. Rising number of supportive government initiatives such as, the OIE International Standards, a part of WTO framework, which issues standards to improve animal health and promote international animal products trade are anticipated to increase the demand for the products.
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Further key findings from the report suggest: 
·         The ELISA tests contributed with more than 57.0% share in 2016. This can be attributed to their high sensitivity, specificity, accuracy and cost-efficinecy.
·         Avian influenza led this industry with more than 24.0% share in 2016. Frequent outbreaks of influenza (bird flu) in Southeast Asian and African countries contributed to the substantial share.
·         North America led global poultry diagnostic market with more than 35.0% share in 2016. This can be attributed to their advanced infrastructure pertaining to animal health, extensive distribution network, presence of multinational players and increasing awareness amongst farmers governed the growth of this segment.
·         Zoetis, QIAGEN, IDvet, Biocheck Smart Veterinary Diagnostics, Bioneer Corporation, Thermo Fisher Scientific Inc., BioinGentech Biotechnology company, MEGACOR Diagnostik GmbH, IDEXX Laboratories, Inc., and AffiniTech, LTD. are the key players in poultry diagnostics market.
·         New product developments, collaborations, regional expansion, and mergers are key strategic initiatives undertaken.
The global poultry diagnostic market size was estimated at USD 388.1 million in 2016. Increasing disease outbreaks such as Avian Influenza is vital driver for the substantial growth of the poultry diagnostic market.
Poultry disease outbreaks are the prime factor responsible for the significant growth of the poultry diagnostics market. These infections of flocks are affecting the global trade of layers, broilers, turkeys, and water fowl. As a result, there have been continuous efforts to increase the awareness about these diseases amongst farmers. The diseases are caused by various bacteria, fungi, viruses, protozoon pathogens, environmental stress and nutritional deficiencies.
An emergence of animal health information portals specifically in the developed economies is expected to propel growth over the forecast period. Information produced in veterinary centers can be transferred to the Internet, which can be additionally imparted to different researchers and clinicians.
The integration of this service will encourage continuous developments of changes in ailment pervasiveness. This empowers ongoing correspondence that helps the proprietor to remember preventive diagnosis, consistent vaccination, type of vaccines to be given, medication refills and dietary information.
The rising number of government initiatives to promote animal health products is presumed to drive the overall market growth during the forecast period. According to UN Department of Economic and Social Affairs, global population is approximately 7.3 billion and it is anticipated to reach around 9.7 billion in 2050.
International Fund for Agricultural Development (IFAD) states that approximately more than 795 million people are undernourished or malnourished, globally. The above statistics illustrate the need for extensive efforts for food supply through large scale adoption of livestock animals and birds.
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Grand View Research has segmented the poultry diagnostics market by test types, disease types and region:
Poultry Diagnostics Test Types Outlook (Revenue, USD Million; 2014 - 2025)
·         ELISA
·         PCR
·         Others
Poultry Diagnostics Disease Types Outlook (Revenue, USD Million; 2014 - 2025)
·         Avian Salmonellosis
·         Avian Influenza
·         Newcastle Disease
·         Avian Mycoplasmosis
·         Infectious Bronchitis
·         Infectious Bursal Disease
·         Avian Pasteurellosis
·         Avian Encephalomyelitis
·         Avian Reovirus
·         Chicken Anemia
·         Other Diseases
Poultry Diagnostics Regional Outlook (Revenue, USD Million; 2014 - 2025)
·         North America
·         Europe
·         Asia Pacific
·         Latin America
·         MEA
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.



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