The Veterinary Reference Laboratory market is expected to grow from USD 3.60 billion in 2020 to USD 6.78 billion by 2026 at a CAGR of 11.13% from 2020 to 2026.
The emergence of the veterinary reference laboratories is owing to development in animal diseases. These laboratories support to recognize any disease in animals. Currently, adoption of the pets has increased globally as people became busy, and they essential a companion to spend time. Henceforth, people adopt cats, dogs, parrots, and so on. However, increasing diseases in the animal need dedicated centers in order to identify animal diseases. These centers maintain an orientation database, for the quick reorganization of animal diseases. The growing frequency of zoonotic diseases is anticipated to be an important factor driving the development of the veterinary reference laboratory market. According to the Centers for Disease Control and Prevention, a large number of people affected by the infections spread through a direct or indirect human-animal interface. Similarly, the WHO stated that zoonotic diseases represent an important public threat and demand proper diagnosis and treatment approaches. Additionally, the growing consumption of animal proteins, and thus the expenditure on animal health is also predictable to be a factor helping to catalyze this industry evolution. The global market is segregated on the basis of End User as Veterinary Clinics and Veterinary Hospitals. Based on Type of Animal the global market is segmented in Food-Producing Animals and Companion Animals. Based on the Application the global market is segmented in Virology, Productivity Testing, Pregnancy Testing, Toxicology, Clinical Pathology, Bacteriology, and Parasitology. Based on Technology, the global market is segmented in Immunodiagnostics, Molecular Diagnostics, Clinical Chemistry, and Hematology.
The global market report provides geographical analysis covering regions, such as North America, Europe, Asia-Pacific, and the Rest of the World. The market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Boehringer Ingelheim International GmbH., Sanofi, Idexx Laboratories, NEOGEN CORPORATION, Marshfield Clinic., ProtaTek International Inc, Phoenix Lab, Virbac, Greencross Limited, Gribbles Veterinary., and others are among the major players in the market. The companies studied in terms of product strategy and various n several growths and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.
The global Veterinary Reference Laboratory market has been segmented as below:
By End-User
By Type of Animal
By Application
By Technology
By Region
By Company
The report covers the below scope:
The years considered for the study are as follows:
Report Scope:
The global market report scope includes a detailed study covering underlying factors influencing the industry trends. The report covers analysis of regional and country-level market dynamics. The scope also covers a competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes a detailed competitive outlook covering market shares and profiles key participants in the market share. Major industry players with significant revenue share include Boehringer Ingelheim International GmbH., Sanofi, Idexx Laboratories, NEOGEN CORPORATION, Marshfield Clinic., ProtaTek International Inc, Phoenix Lab, Virbac, Greencross Limited, Gribbles Veterinary., and others.
Why Buy this Report:
Target Audience:
The report targeted the existing players in the industry is as follows:
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Report Content
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5.1 Introduction
5.2 Veterinary Clinics
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Veterinary Hospitals
5.3.1 Market Overview
5.3.2 Market Size and Forecast
6.1 Introduction
6.2 Food-Producing Animals
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Companion Animals
6.3.1 Market Overview
6.3.2 Market Size and Forecast
7.1 Introduction
7.2 Virology
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Productivity Testing
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 Pregnancy Testing
7.4.1 Market Overview
7.4.2 Market Size and Forecast
7.5 Toxicology
7.5.1 Market Overview
7.5.2 Market Size and Forecast
7.6 Clinical Pathology
7.6.1 Market Overview
7.6.2 Market Size and Forecast
7.7 Bacteriology
7.7.1 Market Overview
7.7.2 Market Size and Forecast
7.8 Parasitology
7.8.1 Market Overview
7.8.2 Market Size and Forecast
8.1 Introduction
8.2 Immunodiagnostics
8.2.1 Market Overview
8.2.2 Market Size and Forecast
8.3 Molecular Diagnostics
8.3.1 Market Overview
8.3.2 Market Size and Forecast
8.4 Clinical Chemistry
8.4.1 Market Overview
8.4.2 Market Size and Forecast
8.5 Hematology
8.5.1 Market Overview
8.5.2 Market Size and Forecast
9.1 Introduction
9.2 North America
9.2.1 North America Market, By End User
9.2.2 North America Market, By Type of Animal
9.2.3 North America Market, By Application
9.2.4 North America Market, By Technology
9.3 Europe
9.3.1 Europe Market, By End User
9.3.2 Europe Market, By Type of Animal
9.3.3 Europe Market, By Application
9.3.4 Europe Market, By Technology
9.4 Asia-Pacific
9.4.1 Asia-Pacific Market, By End User
9.4.2 Asia-Pacific Market, By Type of Animal
9.4.3 Asia-Pacific Market, By Application
9.4.4 Asia-Pacific Market, By Technology
9.5 Rest of the World
9.5.1 Rest of the World Market, By End User
9.5.2 Rest of the World Market, By Type of Animal
9.5.3 Rest of the World Market, By Application
9.5.4 Rest of the World Market, By Technology
10.1 Key Insights
10.2 Company Market Share Analysis
10.3 Strategic Outlook
10.3.1 Mergers & Acquisitions
10.3.2 New Product Development
10.3.3 Portfolio/Production Capacity Expansions
10.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
10.3.5 Others
The global Veterinary Reference Laboratory market has been segmented as below:
By End-User
By Type of Animal
By Application
By Technology
By Region
By Company