Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 3.4 Billion | USD 5 Billion | 4.2% | 2021 |
FrequentlyAsked Questions
The prevalence of zoonotic diseases among immune-compromised patients and animals increases the awareness of auto-immune diseases and their diagnostics. There is also an increased threat of HIV transfer from animals to humans along with the spread of contagious allergies and diseases.
The global animal auto-immune disease diagnostics market was worth around $3.4 billion in 2021 and is predicted to grow to around $5 billion by 2028 at a CAGR rate of 4.2% over the forecast period.
North America holds the largest share in the market due to favorable government-initiated programs for the welfare of animal healthcare. There is also a high prevalence of auto-immune diseases in that region which has cultivated the awareness of these diagnostics.
The key players in the global animal auto-immune disease diagnostic market are Hoffmann-La Roche Ltd, Siemens Healthineers, Abbott Laboratories, Beckman Coulter Inc., SQI Diagnostics, Quest Diagnostics, EUROMMIUM AG, Inova Diagnostics, Crescendo Bioscience, Bio-Rad laboratories, Hemagem Diagnostics, Progentec, and Thermo Fisher Scientific.
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