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Hence, to maintain the continuous production of farm animals as well as pet owners who own a pet need to regularly conduct pregnancy testing from time to time to monitor the reproductive efficiency and to detect if there are any complications and anomaly in their breeding cycle. Hence, the usage of animal pregnancy test kits are mandatory among the livestock producers and pet owners. Animal pregnancy test kits are integral part of animal healthcare continuous production of farm animals and for pet owners
Animal Pregnancy Test Kits Market: Drivers & Restraints
Pregnancy testing among animals with animal pregnancy test kits has gained traction over the last decade. For livestock producers, reproductive efficacy among animals is a major concern. Hence, early identification of the females and timely testing to determine pregnancy can help in better evaluation of fertility and can be of economic advantage to the livestock producers. This in turn is driving the demand of animal pregnancy test kits.
Further, rising adoption of pets, increasing awareness among pet owners and growing veterinary care spending for animals are some of the key factors driving the growth of the animal pregnancy test kits market.
The current challenge in the animal pregnancy test kits market remains the early pregnancy testing. Although there are various direct and indirect methods for detecting early pregnancy in companion and farm animals, none of these fulfil the aspects of being an ideal animal pregnancy test kits. There is a lot of limitation and dearth of information regarding any specific novel approach or any specific marker to be used to accurately detect and monitor early pregnancy among animals.
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Animal Pregnancy Test Kits Market: Overview
With rapid adoption of pregnancy testing among companion and farm animal owners, the animal pregnancy test kits market is expected to have a healthy growth during the forecast period. The increasing awareness among the pet owners coupled with clinically proven result-oriented animal pregnancy test kits is expected to boost the growth of the animal pregnancy test kits market. Veterinary hospitals followed by e-commerce is expected to remain the most lucrative distribution channel segments in the animal pregnancy test kits market.
Animal Pregnancy Test Kits Market: Regional OutlookGeographically, Latin America and Caribbean followed by Asia Pacific are the most lucrative markets expected to hold maximum market share in the animal pregnancy test kits market owing to higher adoption of animal pregnancy test kits among the livestock owners. The U.S. in North America remains the key market among the pet owners using the animal pregnancy test kits followed by Western Europe.
The Asia-Pacific and Latin America markets are projected to witness significant growth owing to the high adoption of animal pregnancy test kits in healthcare facilities and among pet owners.
Animal Pregnancy Test Kits Market: Key Players
Some of the key players in the animal pregnancy test kits market are BioTracking Inc, Zoetis Services LLC., IDEXX Laboratories, Inc, and Fassisi, among others.
The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size Analysis
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain Analysis
The regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
- Eastern Europe (Poland, Russia)
- Asia-Pacific Excluding China and Japan (India, ASEAN, Australia & New Zealand)
- The Middle East and Africa (GCC, S. Africa, N. Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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