Veterinary Molecular Diagnostics Market is estimated to be US$ 5.36 billion by 2030 with a CAGR of 6
A molecular diagnostic is a laboratory test that examines DNA, RNA, and other proteins in humans and animals to detect diseases or the predisposition stage. Veterinary molecular diagnostics have a variety of advantages over other traditional diagnostic procedures, including a faster shift time of 2.5–3 hours, improved differentiation, and excellent test specificity and sensitivity across avirulant and birulent strains. One of the major factors driving the growth and demand of the veterinary molecular diagnostics market is the rapid increase in the number of veterinary practitioners and the rise in income levels in developed economies. Furthermore, rising demand for pet insurance and rising animal health spending are both contributing to the worldwide market's growth over the forecast period.