Veterinary Biomarkers Market: Trends, Innovations, and Global Forecast 2023-2030
The global veterinary biomarkers market size is expected to reach USD 2.04 billion by 2030, expanding at 12.61% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc. The key drivers for the market growth are the increasing prevalence of numerous acute and chronic disorders among animals coupled with the growing demand for better & accurate diagnostic and monitoring technologies. According to the American Veterinary Medical Association, almost half of the dog population is developing cancer at the same rate as humans. This supports the requirement for biomarker-based specific diagnostic kits for timely disease predictions and treatments. The COVID-19 pandemic created barriers and challenges in the global animal health industry that include decreased marketing & sales activities, low veterinary clinic admission, cancellation of routine pet check-ups, and a low number of disease diagnostic tests performed in veterinary hospitals. H...