Research Methodology – Veterinary Infectious Disease Diagnostics Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Veterinary Infectious Disease Diagnostics Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Veterinary Infectious Disease Diagnostics Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share
- Prevalence and incidence of various animal diseases
- Number of veterinary hospitals and clinics
- Number of veterinary practitioners
- Production and supply of diagnostic tools and equipment
- Government regulations and animal welfare policies
- Spending on animal health by pet owners
- Types of diagnostic modalities used (serology, molecular diagnostics, etc.)
- Market penetration of advanced diagnostic technologies
Key Market Indicators
- Production and sales of diagnostic products
- Market share of leading manufacturers
- Annual growth rate of the market
- Adoption rate of various diagnostic tests among veterinarians
- Number of animals diagnosed with infectious diseases annually
- Growth in companion animal population
- Growth in livestock population
- Technological advancements in veterinary diagnostics
Growth Trends
- Increasing awareness about animal health among pet owners
- Growing demand for rapid and accurate diagnostic tools
- Increasing prevalence of zoonotic diseases
- Rapid adoption of advanced diagnostics in developed countries
- Growth in research funding for the development of new diagnostic technologies
- Rising trend of pet adoption
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Veterinary Infectious Disease Diagnostics Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Veterinary Infectious Disease Diagnostics Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights