Veterinary Reference Laboratory Market was valued at US$ 4.33 Bn. in 2022. The global Veterinary Reference Laboratory Market size is expected to grow at a CAGR of 11 % through the forecast period.
Veterinary Reference Laboratory Market Overview
Maximise Market Research is a business consultancy firm that has provided a comprehensive analysis of the "Veterinary Reference Laboratory Market". The research covers essential business insights, demand analysis, pricing analysis, and the competitive landscape. The research thoroughly analyses the current condition of the Veterinary Reference Laboratory market and makes estimates for 2030.
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Market Dynamics:
The number of companion animals, such as dogs and cats, has expanded significantly over time. According to the American Pet Products Association's (APPA) National Pet Owners Survey 2019-2021, 67% of US households, or around 85 million families, have a pet. Furthermore, the European Pet Food Industry Federation (FEDIAF) estimates that 88 million households in Europe would have pets by 2021. In the United States, the number of dogs increased from 70 million in 2018 to 90 million in 2020, while the number of cats increased from 78.05 million in 2019 to 96.2 million by 2021. Brazil has 64.2 million dogs, 42.8 million birds, 25 million cats, 19 million fish, and approximately 5 million little animals as pets in 2020,
Veterinary Reference Laboratory Market Scope and Methodology:
The approach is explained in the paper and is based on descriptive analysis using SWOT analysis to provide investors with relevant insights. The report's primary focus is a complete evaluation of the Veterinary Reference Laboratory market questionnaires and other methods, which are analysed numerically, statistically, and mathematically, including data collection and analysis to identify Veterinary Reference Laboratory market trends through research.
Following a thorough evaluation of the situation, the report concludes that there are huge opportunities in the Veterinary Reference Laboratory market, including R&D activities, new industrial processes, novel forms of development, and Veterinary Reference Laboratory market consolidations and acquisitions. The study focuses on the top players' strategies, portfolios, organisational structures, and astute analysis. To detect market trends, a comprehensive SWOT analysis and PESTLE review were conducted.
Veterinary Reference Laboratory Market Segmentation:
by Animal Type
Production Animals
Companion Animals
by Application
Clinical Pathology
Toxicology
Productivity Testing
Others
The Veterinary Reference Laboratory Market is divided into four segments based on application: clinical pathology, toxicology, productivity testing, and others. Because pathology tests are commonly employed for routine pet health monitoring, the clinical pathology segment has the most revenue share as of 2022. Clinical pathology laboratories provide routine animal blood analysis testing to clients of referring physicians as well as veterinarians themselves. These labs offer a variety of tests, including coagulation profiles, chemical analysis, complete blood cell counts, blood gas analyses, cross matching, endocrine testing, urinalysis, and cytology investigations. They also give veterinary clinical pathologist consultation services.
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Veterinary Reference Laboratory Market Key Players:
1. IDEXX Laboratories, Inc.
2. VCA, Inc.
3. GD Animal Health
4. Boehringer Ingelheim
5. Zoetis Inc.
6. NEOGEN Corporation
7. LABOKLIN GmbH
8. SYNLAB International GmbH
9. Heska Corporation
10.Virbac
11.Thermo Fisher Scientific, Inc.
12.Texas A&M Veterinary Medical Diagnostic Laboratory
13.University of Minnesota
14.Iowa State University
15.Vetnostics
16.Animal Health Diagnostic Center
17.Colorado State University
18.The Pirbright Institute
Veterinary Reference Laboratory Market Regional Insights
This study examines the size and trends in the Veterinary Reference Laboratory market in each of the following regions: North America (United States, Canada, and Mexico); Europe (France, Spain, Germany, Italy, and other European countries); Asia-Pacific (China, Japan, India, Australia, South Korea, ASEAN countries, and other APAC countries); South America (Argentina, Brazil, and other South American countries); and Middle East and Africa (South Africa, Egypt, and other MEA countries).
Key questions answered in the Veterinary Reference Laboratory Market are:
- What is Veterinary Reference Laboratory?
- What was the Veterinary Reference Laboratory market size in 2023?
- Which are the factors expected to drive the Veterinary Reference Laboratory market growth?
- What are the different segments of the Veterinary Reference Laboratory Market?
- Who are the leading companies and what are their portfolios in Veterinary Reference Laboratory Market?
- What growth strategies are the players considering to increase their presence in Veterinary Reference Laboratory?
- What are the upcoming industry applications and trends for the Veterinary Reference Laboratory Market?
- What will be the CAGR at which the Veterinary Reference Laboratory market will grow?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Veterinary Reference Laboratory Market?
- What is the growth rate of the Veterinary Reference Laboratory Market?
- What segments are covered in the Veterinary Reference Laboratory Market?
- Who are the key players in the Veterinary Reference Laboratory market?
- What are the key challenges and opportunities in the Veterinary Reference Laboratory market?
- Which application holds the highest potential in the Veterinary Reference Laboratory market?
For more insights and a detailed analysis, read the full report: https://www.maximizemarketresearch.com/market-report/global-veterinary-reference-laboratory-market/84180/
List of Contents : Veterinary Reference Laboratory Market
Part 01: Executive Summary
Part 02: Scope of the Veterinary Reference Laboratory Market Report
Part 03: Veterinary Reference Laboratory Market Landscape
Part 04: Veterinary Reference Laboratory Market Sizing
Part 05: Veterinary Reference Laboratory Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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