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Global Poultry Diagnostics Market: Poultry Disease Outbreak is the Prime Factor for Growth

By Mayank009    11 / Feb / 2019    In Category Pets

Poultry diagnostics demand knowledge of a disease process and also the understanding of the poultry production system. Poultry disease outbreak is the prime factor responsible for significant growth of the poultry diagnostics market. Over the past few years, the industry’s performance was highly volatile. The industry has experienced strong growth in 2017 owing to the disease outbreak. For instance, in July 2017, the World Organisation for Animal Health (OIE) reported the outbreak of highly pathogenic bird flu H5N1 strains in Vietnam.

Other factors such as a rising number of companies, advancement in technologies, and increasing demand for poultry diagnosis support the industry growth significantly. On the flip side, the requirement of high capital investment coupled with a decreasing number of poultry farmers hampers the market growth to some extent. Furthermore, a lack of awareness regarding animal health and unavailability of an advanced instrument for diagnosis purpose in developing regions is anticipated to restrain the industry further.

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