Healthcare IT Market Size Is Projected To Reach $104.5 Billion By 2020

Global Healthcare IT Market is anticipated to reach USD 104.5 billion by 2020, according to a new report by Grand View Research, Inc. Increasing demand for enhanced healthcare facilities and introduction of technologically advanced systems are expected to boost industry growth.

Increasing geriatric population prone to chronic diseases resulting into high patient base is triggering the demand for sophisticated healthcare facilities. Furthermore, increasing number of patients requiring home healthcare acts as an effective growth driver for this market.

Full Research Report on Global Healthcare IT Market Analysis:
http://www.grandviewresearch.com/industry-analysis/healthcare-it-market

According to a report published by the U.S. Centers for Disease Control and Prevention (CDC) in 2011, the number of patients needing home healthcare was nearly 4.7 million in the U.S. and is on a constant rise, which is further expected to fuel the healthcare IT market demand.

Advent of technologically advanced software, such as interoperable system and cloud computing, is expected to attract more investors focus on developing integrated healthcare system to curb problems associated with conventional procedures of record keeping. For example, the uses of e-healthcare record system to maintain patient database help to provide instant information about patients’ health in case of emergency.

Telecommunication and telehealth accounted for over 40.0% of the market share owing to the high usage rates in 2013. Introduction of technological advancements such as Teleimmersive Environment for Everybody (TEEVE) and Session Initiation Protocol (SIP) are the factors promoting this segment’s growth.

Electronic Health Records (EHR) is expected to register an upward shift to reach up to USD 26.72 billion in 2020. Growth is primarily driven by the rising demand for integrated information system in the field of healthcare IT. Faster accessibility and low maintenance cost are the two most significant factors contributing towards the rising demand of these EHR systems.

In 2013, North America market was valued at around USD 20.0 billion owing to the factors such as favorable government initiatives pertaining to the introduction of technologically advanced healthcare IT facilities, sophisticated healthcare infrastructure, and increasing patient awareness levels coupled with relatively higher healthcare expenditures in the region.

On the other hand, Asia Pacific healthcare IT market is expected to reach at over USD 19.6 billion by registering lucrative growth rate in 2020. Growth is attributed to the rising healthcare expenditure, larger untapped opportunities, and growing disposable income level.

Prominent players operating in this industry include Athenahealth Inc., GE Healthcare, Agfa Healthcare, Philips Healthcare, E-MDS Inc., Carestream Health McKesson Corporation, Carestream Health eClinicalworks, and Hewlett-Packard.

View more reports of this category by Grand View Research at:
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Grand View Research has segmented the Global Healthcare IT Market on the basis of application and region:

Healthcare IT Application Outlook (Market Revenue in USD Million, 2012 - 2020)
            • Electronic Health Records
            • Computerized Provider Order Entry Systems
            • Electronic Prescribing Systems
            • PACS
            • Lab Information Systems
            • Clinical Information Systems
            • Telemedicine and Telehealth
            • Others

Healthcare IT Regional Outlook (Market Revenue in USD Million, 2012 - 2020)
            • North America
            • Europe
            • Asia Pacific
            • Rest of the World

View press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-healthcare-it-market        

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Regenerative Medicine Market Qualitative Analysis By Industry Overview, Trends, Market Drivers And Restraints 2014-2025

Global Regenerative Medicine Market size is expected to reach USD 5.59 billion by 2025, according to a new report by Grand View Research, Inc. Increased prevalence of neurodegenerative, orthopedic, and other aging-related disorders in geriatric population coupled with rising global geriatric population is anticipated to drive market growth.

Developments in biotechnology have enabled gaining in-depth knowledge pertaining to cell division and differentiation as well as the metabolism mechanism of various cells. This enriched knowledge, coupled with emergence of novel streams of biotechnology such as gene therapy and nanotechnology, further prospered use of cell-based technology in therapeutic treatment.

Well established regenerative approached for various dermatological indications exists since ages. Technological advances introduced scaffolds, matrices, and grafts engineered for faster regeneration and minimal surgical procedure.

Identification of ability of stem cells to develop into various different cell lines further propelled the advancements in regenerative medicine. Frequent media exposure due to regulatory as well as ethical controversies around embryonic stem cells has increased awareness among the masses. This encouraged researchers to explore and develop other potential fields for similar applications, such as induced pluripotent stem cells (iPSC).

Furthermore, the emergence of gene therapy techniques with potential to rectify and restore effects of gene mutations in cells is under development. Conditions caused due to Single Nucleotide Polymorphism (SNP) as well as mutations that induce degenerative characteristics are primarily targeted.

Biologics, individually or in combination with cells or devices, are explored to support regenerate the biological functions of cells, tissues, or organs. A number of combinatorial therapies to support chemotherapy and other cancer treatments by prevention as well as treatment for cancer relapse are in development phases.

In addition, rising prevalence of complicated degenerative disorders such as age-related macular degeneration, Alzheimer’s disease, and Parkinson’s disease, especially in the aging population resulted in high investments in R&D to develop therapeutic solutions.

Regenerative medicine grabs the attention of the healthcare industry owing to its promising applications along with significant advances in supportive fields including tissue engineering, stem cells, gene therapy, drug discovery and nanotechnology. For instance, 3D printing over scaffold with stem cells to restore structure as well as functional characteristics of biological cells, tissues, and organs.

Full Research Report on Global Regenerative Medicine Market Analysis:
http://www.grandviewresearch.com/industry-analysis/regenerative-medicine-market

Further key findings from the report suggest:

• The global regenerative medicine demand exceeded USD 1.7 billion in 2016 and is expected to grow at a considerable rate over the forecast period owing to the presence of a strong looking product pipeline with anticipated commercialization just around the corner
• Therapeutics emerged as the largest product segment in 2016 as it has a relatively high implementation and usage rate resulting in higher adoption
• Global regenerative services demand for facilities such as tissue banks and cellular engineering tools is expected to drive demand in the segment
• The industry in Asia Pacific is projected to witness substantial growth over the next decade owing to various developments across major economies with increased focus of dominant players in emerging economies is attributive to market growth. market.
• Key players including Asterias Bio, Athersys, Integra LifeSciences Corpotation, and MiMedx are involved in complex technical cum financial partnerships with larger players in an attempt to expedite R&D

View more reports of this category by Grand View Research at:
http://www.grandviewresearch.com/industry/biotechnology

Grand View Research has segmented the Global Regenerative Medicine Market on the basis of product, therapeutic category, and region:

Regenerative Medicine Product Outlook (Revenue, USD Million, 2014 - 2025)

• Therapeutics & Devices

·         Primary Cell-bases therapeutics 

§  Dermatology

§  Musculoskeletal

§  Surgical

§  Dental

§  Others

·         Stem Cell & Progenitor Cell-based therapeutics

§  Autologous

§  Allogeneic

§  Others

·         Tools

·         Banks

·         Services

Regenerative Medicine Therapeutic Category Outlook (Revenue, USD Million, 2014 - 2025)

• Dermatology
• Musculoskeletal
• Immunology & Inflammation
• Oncology
• Cardiovascular
• Ophthalmology
• Others

Regenerative Medicine Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Asia Pacific
• China
• Japan
• Latin America
• Brazil
• Middle East & Africa
• South Africa

View Blog On this research report by Grand View Research: http://www.grandviewresearch.com/blog/regenerative-medicine-market-size        

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Linseed Oil Market Size Is Projected To Reach $939 Million By 2025

Global Linseed Oil Market is expected to be valued at USD 939 million by 2025, according to a new report by Grand View Research, Inc. Linseed oil is naturally derived from dried flax seeds by the process of pressing and solvent extraction. Increasing investments in plant facilities for the production of flaxseeds are projected to propel the market over the foreseeable period.

Linseed oil is largely used for manufacturing products such as paints, putty, wood finish, nutritional supplement, food processing, flooring, and linoleum. It is used as a drying oil in wood varnish finishing pigment binder in oil paints due to its fast drying, bonding, and film forming properties.

Linseed is rich in nutrition and fiber content along with vitamins and essential fatty acids, which increase its demand in the market in nutritional supplements industry. Increasing suppliers of flax are expected to drive the market over the coming years. Growing awareness regarding the use of flax oil for weight reduction, healthy hair, and dandruff removal is projected to propel the market growth.

The rising number of R&D activities and mergers & acquisitions carried out by companies, such as Archer Daniels Midland (ADM) Company, Cargill, Incorporated, and Henry Lamotte Oils GmbH, to enhance the product portfolio is projected to propel the market over the next eight years. Growing crop harvest, yield, and production of oil from flaxseed crop in the U.S. are projected to spur the North American regional segment.

Full Research Report On Global Linseed Oil Market Analysis:
http://www.grandviewresearch.com/industry-analysis/linseed-oil-market

Further key findings from the report suggest:

• The global demand was valued at USD 720 million in 2016 and the market is expected to record a CAGR of 3.0% over the forecast period
• Increasing awareness regarding the medical benefits offered by this oil as cancer & cellulite fighter and heart health booster is expected to propel the market growth
• Paints & varnishes emerged as the largest application segment and generated a revenue of USD 211.09 million in 2016
• The growing number of manufacturers and suppliers of flaxseeds for the production of linseed oil is anticipated to spur market growth over the forecast period
• Regulation directives have been provided by Occupational, Safety & Health Administration (OSHA) in the U.S. for the industrial hygienists on extracting oil from flaxseeds
• Asia Pacific was the significant regional segment in 2016 and is anticipated to hold a considerable share in the market, reporting an estimated CAGR of around 3.4% in terms of revenue over the forecast period
• Increasing demand from paints and food processing end-use industries is projected to drive the Asia Pacific regional market
• Growing demand from the U.S. and Canada for the product as a varnish for wooden products is projected to boost the industry
• In September 2013, Cargill rebuilt and expanded its oilseed processing plant in West Fargo, which processes sunflower and canola seeds into edible oil for food processing business, flaxseed for linseed oil for industrial use, and protein meal for animal feed
• Players operating in the market include Gustav Heess GmbH; Henry Lamotte Oils GmbH; Krishi Oils Limited; Cargill, Inc.; Archer Daniels Midland (ADM) Company; Natrol, LLC.; and Natural Factors, Inc.

View more reports of this category by Grand View Research at:
http://www.grandviewresearch.com/industry/agrochemicals-and-fertilizers

Grand View Research has segmented the Global Linseed Oil Market on the basis of application and region.

Application Outlook (Volume, Thousand Tons; Revenue, USD Million; 2014 - 2025)

• Paints & varnishes
• Flooring
• Processed food
• Cosmetics
• Pharmaceuticals
• Others

Regional Outlook (Volume, Thousand Tons; Revenue, USD Million; 2014 - 2025)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• Belgium
• Italy
• Asia Pacific
• China
• India
• Central & South America
• Middle East & Africa
• Ethiopia

View press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-linseed-oil-market       

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Metal Foam Market Demand Was 1.60 Kilo Tons In 2016 And Is Expected To Reach 2.24 Tons By 2025

Global Metal Foam Market is expected to reach USD 117.7 million in 2025, growing at a CAGR of 4.1%, according to a new report by Grand View Research, Inc. Metal foams have seen a vast spectrum of development in the recent years, with further intensified research being carried out on this multifunctional material class. Despite the various value-additions catered by metal foams, there still exists an imbalance between the properties offered and the substantial utilization. A major factor influencing this is the high cost of metal foams. 

Increasing environmental concerns and stringent automotive pollution control norms have forced automotive manufacturers to monitor the pollution. Vehicular curb weight is one of the most important factors affecting the fuel efficiency. Usage of lightweight porous metallic materials in a body frame not only results in the reduction in some parts being used but also in the curb weight, thus drastically increasing fuel efficiency and reducing vehicular pollution.

The major foundry owners are working to pave a path out by overcoming issues related to economies of scale, high capital costs, labor law issues and government regulations related to procurement of aluminum. Usage of aluminum is likely to be taken over by steel and composite wood, mainly for the construction applications. Similarly, a wide range of opportunities pursued by pro-active metal casters who face the substitution threats, have considered converting weldments to castings.

Typical functional applications of metal foams include sound absorption, fragmentation capture, impact absorption, heat sinks and exchangers, the matrix for chemical bed and scrubbers, filters and mist elimination of water and oils, core structure for high strength panels, battery plates and spacers, automotive and aeronautical light-weighting, and catalyst surfaces. 

Full Research Report on Global Metal Foam Market Analysis:
http://www.grandviewresearch.com/industry-analysis/metal-foam-market

Further key Findings from the Study Suggest: 

• The global metal foam demand was 1.60 kilo tons in 2016 and is expected to reach 2.24 tons by 2025, growing at an estimated CAGR of 3.8% from 2017 to 2025
• Europe metal foam market is estimated to be valued at USD 19.1 million in 2016 and is expected to be the fastest growing market over the forecast period
• In terms of revenue, Aluminium accounted for 35.6% of the global market and is also expected to witness fastest growth over the next nine years
• As of 2016, Germany accounts for around 35% of the European metal foam demand and is also expected to retain its dominance over the forecast period as well

View more reports of this category by Grand View Research at:
http://www.grandviewresearch.com/industry/advanced-materials

Grand View Research has segmented the Global Metal Foam Market on the basis of material, application, end-use and region:

Material Outlook (Volume, Tons; Revenue, USD Thousand, 2014 - 2025)

• Aluminum
• Nickel
• Magnesium
• Copper

Application Outlook (Volume, Tons; Revenue, USD Thousand, 2014 - 2025)

• Heat Exchangers
• Energy Absorbers
• Side Impact Bars
• Others

End-use Outlook (Volume, Tons; Revenue, USD Thousand, 2014 - 2025)

• Automotive
• Construction
• Industrial
• Aerospace

Regional Outlook (Volume, Tons; Revenue, USD Thousand, 2014 - 2025)

• North America
• U.S
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• Japan
• India
• Middle East and Africa
• Central & South America

View press release of this research report by Grand View Research:http://www.grandviewresearch.com/press-release/global-metal-foam-market      

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Canned Seafood Market Is Estimated To Growing At A CAGR Of 3.2% During Forecast Period 2014-2025

Global Canned Seafood Market is expected to reach USD 27.8 billion by 2025, growing at a CAGR of 3.2% according to a new report by Grand View Research, Inc. The industry is anticipated to grow on account of rising demand for processed food due to ease of consumption.

The health benefits offered by canned sea food such as essential nutrients added during canning process including vitamin B12, D and A leading to the metabolism improvement, is expected to drive growth over next eight years. In addition, high demand for the ready to eat seafood is expected to translate into an increased product consumption.

The product offers health benefits including improvement eye sight, reduced risk of depression, increased immunity. In addition, the calcium content provided by this product helps in increasing bone strength thereby driving the demand for such products. Use of sustainable fish farming techniques is expected to result in an increased yield, leading to abundance of raw material for the market.

Technological advancements in tuna fishing with use of Fish Aggregating devices and advanced packaging technology for fish products is anticipated drive the industry growth over the eight years. In addition, improved packaging procedures with the use of RFID tags to improve the product traceability and agglomeration is expected to increase the product adoption by the consumers, thereby contributing to the market growth.

Full Research Report on Global Canned Seafood Market Analysis:
http://www.grandviewresearch.com/industry-analysis/canned-seafood-market

Further key findings from the report suggest:

• Sardines is expected to emerge as the fastest growing segment growing at a CAGR 5.0%, by revenue from 2017 to 2025 owing to the rising availability in ecommerce coupled with increased health benefits offered by the product.
• The market for canned tuna is expected to account for 47.5% of the global volume due to high consumer adoption coupled with superior taste of the product. In addition, the industry is expected to benefit from the high production volume of tuna primarily in Asia Pacific.
• The industry in Asia Pacific is expected to grow at a CAGR of 4.1% by revenue, from 2017 to 2025 due to high product consumption by the consumers as a part of staple diet primarily in China, Japan, and Thailand.
• A majority of the products consumed across the globe are manufactured and canned in Asia Pacific due to abundance of raw material coupled with presence of a large number of canneries in the region.
• Key players operate the business through mergers & acquisitions in order to increase the market share. In addition, the companies produced varying customized products in accordance to the export destinations of the product.

View more reports of this category by Grand View Research at:
http://www.grandviewresearch.com/industry/ready-to-eat-processed-and-frozen-foods

Grand View Research has segmented the Global Canned Seafood Market on the basis of product and region:

Canned Seafood Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• Tuna
• Salmon
• Sardines
• Other fish
• Prawns
• Shrimps
• Other seafood

Canned Seafood Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• Thailand
• Japan
• Vietnam
• Indonesia
• Israel
• Central & South America
• Brazil
• Middle East & Africa
• GCC
• East Africa

View press release of this research report by Grand View Research:http://www.grandviewresearch.com/press-release/global-canned-seafood-market     

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Automotive Coatings Market Size Is Projected To Reach $36.31 Billion By 2025

Global Automotive Coatings Market is expected to reach USD 36.31 billion by 2025, according to a new report published by Grand View Research, Inc. Surging demand for both passenger and commercial automobiles in emerging countries including China, India, Mexico, Brazil, and South Africa on account of population growth and developing living standards is expected to augment market size over the forecast period. Moreover, increasing requirement of protection against harsh climate, dust, dirt, UV radiation, and acid rain is expected to aid in industry expansion.

Growing number of accident in countries including India and Brazil owing to adverse road conditions in mountainous areas is anticipated to fuel the demand for these products over the upcoming years. Moreover, increasing requirement of maintenance, repair, and refurbishing work of old vehicles is expected to stimulate growth.

Rising consumption of powder coatings in light of its superior properties, such as near zero volatile organic compound emissions and thicker layer compared to conventional coatings, is expected to increase market size. Furthermore, continuous investments by manufacturers along with increasing number of manufacturing facilities in Brazil and China will drive growth over the forecast period.

Full Research Report on Global Automotive Coatings Market Analysis:
http://www.grandviewresearch.com/industry-analysis/automotive-coatings-market

Further key findings from the report suggest:

• The global automotive coatings industry demand was 5,902.7 kilo tons in 2015 and is expected to grow significantly on account of increasing vehicle production in rapidly emerging countries including China, Japan, India, Mexico, Brazil, South Korea, Brazil, and South Africa
• Waterborne coatings market demand is anticipated to witness strong growth in light of stringent regulations pertaining to the usage of solvent borne technology. In addition, superior properties, such as corrosion resistance, flexibility, hardness, stain resistance, adhesion, low flammability, and toxicity, are expected to surge product demand over the next nine years.
• North America contributed to 22.7% of the overall revenue share in 2015 and is estimated to witness growth on account of rising demand for pickup trucks and utility vehicles in the region
• Central and South America is expected to see substantial revenue rise at a CAGR of 5.4% from 2016 to 2025 owing to increasing small car production in Brazil. Furthermore, large automobile manufacturers including General Motors, Volkswagen, and Hyundai have been shifting their base to the region owing to lower operation costs, which is likely to aid in market expansion.
• The industry is highly competitive in nature, and manufacturers are involved in continuous product development and R&D activities. Manufacturers including Axalta Coating Systems, PPG Industries, BASF, Nippon Paint, AkzoNobel, and Kansai Paint are some of the key players in the market.
• In April 2015, Axalta established a new R&D technology center in Shanghai to develop new products for the global commercial vehicle, light vehicle OEM, refinish and industrial customers

View more reports of this category by Grand View Research at:
http://www.grandviewresearch.com/industry/paints-coatings-and-printing-inks

Grand View Research has segmented the Global Automotive Coatings Market on the basis of product, technology, application, end-use, and region:

Product Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

• Primer
• Electro coat
• Basecoat
• Clear coat

Technology Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

• Waterborne Coatings
• Solvent borne Coatings
• Powder Coatings
• UV-cured Coatings

Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

• Metal Parts
• Plastic Parts

End-Use Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

• Light Vehicle OEM
• Commercial Vehicle OEM
• Automotive Refinish

Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

• North America
• U.S.
• Europe
• Germany
• Asia Pacific
• China
• India
• Central & South America
• Brazil
• MEA

View Press Release of This Research Report by Grand View Research: http://www.grandviewresearch.com/press-release/global-automotive-coatings-market      

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Veterinary Reference Laboratory Market Analysis By Technology, Application, Animal Type And Segment Forecast Up To 2025

Global Veterinary Reference Laboratories (VRL) Market is expected to reach USD 5.13 billion by 2025, according to a new report by Grand View Research, Inc. Increase in incidence of zoonotic diseases is a key driving factor for market growth. Increase in adoption of integrated diagnostic systems coupled with information ecosystems for veterinary diagnostics is anticipated to fuel development.

Rise in demand for advanced diagnostic tests and growing awareness amongst consumers are some of the factors expected to boost demand over the coming years. Moreover, companies are investing in R&D for the advancement of test kits for cost-effective diagnosis & monitoring of animal health, which is expected to boost growth. Some of the advancements in this market include efficient information management systems used in animal diagnostic applications, vaccine banks, and mobile apps for continuous monitoring. High focus toward innovation in veterinary health is anticipated to fuel the demand for reference labs. For instance, Innovative Medicines Initiative (IMI) is a public-private partnership that supports pharmaceutical innovations in Europe.

In addition, MediLabSecure, a laboratory network project was established, which aims to identify emerging viruses& pathogens in 19 countries in the Mediterranean regions and 57 labs were involved. Furthermore, increase in the number of government initiatives to promote veterinary diagnostics products is presumed to drive the overall growth. 

Full Research Report on Global Veterinary Reference Laboratory (VRL) Market Analysis:  http://www.grandviewresearch.com/industry-analysis/veterinary-reference-laboratory-vrl-market

Further Key Findings From the Study Suggest:

• The clinical chemistry analyzers segment held the dominant share of the market as of 2016 owing to growing demand for veterinary diagnostics products
• Increase ininstances of contamination in pet foods that causesevere illnesses and deaths amongst animalsis expected to boost the demand for toxicology testing services
• Production animals accounted for largest revenue share in 2016 owing to their highest consumption rate
• The market was dominated by North America and is expected to retain its position throughout the forecast period
• Presence of prominent industry players, advanced healthcare infrastructure, and high healthcare expenditure are some of the factors responsible for growth
• Companies offering reference laboratories are focusing on the development of cost-effective diagnostic solutions for animal health
• IDEXX Laboratories, Inc. held a dominant share owing to its presence across the globe and a wide product portfolio of advanced diagnostic tests
• Strategies such as regional expansion, new product developments, merger & acquisitions, and research collaborations are anticipated to propel growth
• For instance, inJanuary 2017, Mars, Inc. announced the agreement for acquiring VCA Inc. in a probe to capture higher share

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/healthcare

Grand View Research has segmented Global Veterinary Reference Laboratory (VRL) Market on the basis of the technology, application, animal type, and region:

VRL Technology Outlook (Revenue, USD Million, 2014 - 2025)

• Clinical Chemistry
• Hematology
• Immunodiagnostics
• ELISA
• Lateral Flow Rapid Tests
• Others
• Molecular Diagnostics
• PCR
• Microarrays
• Others
• Others

VRL Application Outlook (Revenue, USD Million, 2014 - 2025)

• Clinical Pathology
• Toxicology
• Productivity Testing
• Others

VRL Animal Type Outlook (Revenue, USD Million, 2014 - 2025)

• Production
• Companion

VRL Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• Asia Pacific
• Japan
• China
• India
• Latin America
• Mexico
• Brazil
• MEA
• South Africa

View Press Release of This Research Report by Grand View Research: http://www.grandviewresearch.com/press-release/global-veterinary-reference-laboratory-vrl-market    

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com