Swine Diagnostics Market is expected to reach US$ 385.39 million by 2030

Publisher: The Insight Partners

African Swine Fever to Dominate Swine Diagnostics Market Among All Disease Indications During 2022–2030

According to our new research study on "Swine Diagnostics Market Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis – by Product Type, Sample Type, Disease Indication, and End User," the market was valued at 194.15 million in 2022 and is projected to reach a value of US$ 385.39 million by 2030; it is anticipated to record a CAGR of 8.9% from 2022 to 2030. Key factors driving the swine diagnostics market growth are the increasing outsourcing of R&D activities by pharmaceutical companies and a high demand for the analytical testing of biosimilars and biologics. However, challenges in the development and validation of bioanalytical methods hinder the market growth.

Based on disease, the swine diagnostics market is segmented into African swine fever (ASF)/classical swine fever (CSF), respiratory diseases, porcine circovirus, porcine epidemic diarrhea, swine dysentery, and others. The African swine fever (ASF)/classical swine fever (CSF) segment held the largest market share in 2022. The respiratory diseases segment is anticipated to register the highest CAGR during 2022–2030. African swine fever (ASF)/Classical swine fever (CSF) diseases are highly contagious viral diseases with high mortality rates (95–100%) in both wild and domestic pigs. First detected in East Africa in the early 1900s, the virus later spread to Europe and has recently wreaked havoc in many Asian countries. According to ASF updates in Asia and Pacific by the FAO, since the Department of Agriculture (DA) confirmed the onset of the first outbreak in July 2019, 67 provinces out of 81 have experienced ASF outbreaks as of 29 June 2023. Moreover, there are 187 barangays in 58 municipalities of 16 provinces that have active ASF cases. This disease has also spread through China, Vietnam, Mongolia, and parts of the European Union. ASF virus is highly stable and easily spreads via infected swine, contaminated pork products and fomites, or via transmission by the Ornithodoros vector.

Swine Diagnostics Market, by Geography, 2022 (%)

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Source: The Insight Partners Analysis

BioCheck BV, Idexx Laboratories Inc, Thermo Fisher Scientific Inc, Zoetis Inc, Neogen Corp, INDICAL BIOSCIENCE GmbH, Ring Biotechnology Co Ltd, Innovative Diagnostics SAS, SAN Group GmbH, and Bionote Inc are among the key companies operating in the swine diagnostics market. The companies have been implementing various strategies that contributed to their growth and led to various changes in the market. These companies have been adopting both organic (such as launches, expansion, and product approvals) and inorganic strategies (such as product launches, partnerships, and collaborations) to grow in this market. For instance, SAN GROUP acquired AniCon Labor GmbH in June 2021. AniCon is renowned across Europe and worldwide for its state-of-the-art laboratory center and comprehensive expertise in poultry, swine, cattle, sheep, goats, and fish species. This acquisition allowed SAN GROUP to expand its portfolio with autogenous vaccines and veterinary diagnostics.

The report segments the swine diagnostics market as follows:

Based on product type, the swine diagnostics market is classified into immunoassay kits, PCR kits, hemagglutination-inhibition (HI), and others. Based on the sample type, the market is segmented into nasal swabs, oral fluids, tissue samples, blood, and others. By disease type, the swine diagnostics market is classified into African swine fever (ASF)/classical swine fever (CSF), respiratory diseases, porcine circovirus, porcine epidemic diarrhea, swine dysentery, and others. On the basis of end user, the market is categorized into veterinary hospitals, veterinary clinics, and others. Based on geography, the swine diagnostics market is divided into North America (US, Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, and Rest of Asia Pacific), Middle East & Africa (South Africa, Israel, and Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and Rest of South & Central America).

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