Healthcare Market Reports

Many research and developments are going on in the direction of genetic modification practices. Modified breed of animals are being produced which attracts end users and compels them to invest. Animal genetic technology is embraced by farmers to increase the production of different livestock products like milk and meat. Livestock farmers are adopting strategic breeding for greater returns. These strategies are expected to enhance the end-user base of the global animal genetics market . Government encourages development of animal therapeutics Government authorities in animal health industry have become active to work upon the high rates of transmission of animal-borne disease to humans. They are focused to develop effective animal therapeutics. Animal testing is also widely practiced due to the high prevalence of animal genetics applications. Factors like costly animal testing and lack of knowledgeable professionals is expected to inhibit the growth rate of animal genetics m...

Animal genetics is a branch in the field of genetics that are primarily involved with the study of gene variation for wild and domestic animals, which includes aspects such as animal breeding, gene expression, and physical genetic traits. Activities in the field involve genetic disease traiting, DNA testing, and genetic trait testing among others. The global animal genetics market is projected to grow at a strong CAGR of over 6 per cent through the forecast period till 2026, and is expected to accrue a projected value of ~ USD 8 billion by the end of this period. The demand for animal genetics activities is expected to witness an uptick owing to the exponential rise in urban populations, the high demand and consumption of animal protein, and agri-business activities. Artificial Insemination Advancements to Generate Opportunities Healthy embryos are essential for the growth of livestock rearing, and consequently the practice of artificial insemination has been gaining traction ...