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Companion diagnostics is a clinically established diagnostic tool used in conjunction with a therapeutic agent to identify the applicability of that drug to an individual patient. Companion diagnosis is generally the last step of drug management and usually involves a process of screening, evaluating, and prescribing medication based on the findings of companion diagnostics.

Companion diagnostics is a clinically established diagnostic tool used in conjunction with a therapeutic agent to identify the applicability of that drug to an individual patient.

Increasing adoption of companion animals is expected to propel growth of the animal parasiticides market. For instance, according to 2017-2018 U.S. Pet Ownership & Demographics Sourcebook of American Veterinary Medical Foundation (AVMF), the number of rabbits per 1,000 households in the U.S increased from 1,408 in 2012 to 1, 534 in 2017-2018.

Veterinary vaccines play an important role in protecting animal, as well as public health, reducing animal suffering, enabling efficient production of food animals, and reducing the need for antibiotics to treat food and companion animals.

Expanding appropriation of partner creatures is relied upon to drive development of the animal parasiticides market. For example, as indicated by 2017-2018 U.S. Pet Ownership and Demographics Sourcebook of American Veterinary Medical Foundation (AVMF), the quantity of bunnies per 1,000 families in the U.S expanded from 1,408 of every 2012 to 1, 534 out of 2017-2018.

According to Coherent Market Insights, the new generation of inactivated polio and rabies vaccines market is expected to be valued at XX billion in 2018 and is expected to display a CAGR of XX% over the forecast period.