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Report
Veterinary Reference Laboratory Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-11-02 I 142 Pages I IMARC Group
The global veterinary reference laboratory market size reached US$ 3.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 7.2 Billion by 2028, exhibiting a growth rate (CAGR) of 11.7% during 2022-2028.
A veterinary reference laboratory is a private commercial facility used for diagnosing zoonotic diseases in companion and livestock animals. The labs are used for conducting routine and specialty testing on animals for the identification of brucellosis, tuberculosis, anthrax, yellow fever, rabies, measles and other disorders. They are also used for running wellness screenings, pre-anesthetic evaluations and monitoring the efficacy of the therapies. Regular testing aids in animal health protection and prevents the spread of serious zoonotic diseases. They also provide technical and scientific assistance using immunodiagnostics, hematology and molecular diagnostics and are widely used for clinical pathology, bacteriology, toxicology, virology and pregnancy testing.
The increasing prevalence of zoonotic and transboundary animal diseases (TADs) across the globe is one of the key factors driving the growth of the market. Moreover, significant rise in pet ownership and increasing preference for companion animals is also driving the market growth. As the coronavirus disease (COVID-19) continues to spread across the globe, there has been a significant increase in the demand for PCR testing in veterinary reference laboratories to analyze the effect of the virus and other pathogens in animals. Additionally, various technological advancements, such as the development of innovative rapid tests and portable instruments for point-of-care (POC) testing, are acting as other growth-inducing factors. The technologies aid in the timely diagnosis, identification and management of poison sources in animals. Other factors, including increasing animal healthcare expenditures of the consumers, along with extensive research and development (R&D) activities in the field of veterinary sciences, are anticipated to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global veterinary reference laboratory market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on technology, application and animal type.
Breakup by Technology:
Clinical Chemistry
Hematology
Immunodiagnostics
ELISA
Lateral Flow Rapid Tests
Others
Molecular Diagnostics
PCR
Microassays
Others
Others
Breakup by Application:
Clinical Pathology
Toxicology
Productivity Testing
Others
Breakup by Animal Type:
Livestock Animals
Companion Animals
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Boehringer Ingelheim GmbH, IDEXX Laboratories Inc., Neogen Corporation, Phoenix Central Laboratory for Veterinarians Inc. (Zoetis Inc.), ProtaTek International Inc. (Pharmgate LLC), Royal GD, Texas A&M Veterinary Medical Diagnostic Laboratory, VCA Inc. (Mars Incorporated) and Virbac Animal Health India Private Limited.
Key Questions Answered in This Report:
How has the global veterinary reference laboratory market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global veterinary reference laboratory market?
What are the key regional markets?
What is the breakup of the market based on the technology?
What is the breakup of the market based on the application?
What is the breakup of the market based on the animal type?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global veterinary reference laboratory market and who are the key players?
What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 Executive Summary
4 Introduction
4.1Overview
4.2Key Industry Trends
5 Global Veterinary Reference Laboratory Market
5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Forecast
6 Market Breakup by Technology
6.1Clinical Chemistry
6.1.1 Market Trends
6.1.2 Market Forecast
6.2Hematology
6.2.1 Market Trends
6.2.2 Market Forecast
6.3Immunodiagnostics
6.3.1 Market Trends
6.3.2 Major Types
6.3.2.1 ELISA
6.3.2.2 Lateral Flow Rapid Tests
6.3.2.3 Others
6.3.3 Market Forecast
6.4Molecular Diagnostics
6.4.1 Market Trends
6.4.2 Major Types
6.4.2.1 PCR
6.4.2.2 Microassays
6.4.2.3 Others
6.4.3 Market Forecast
6.5Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Application
7.1Clinical Pathology
7.1.1 Market Trends
7.1.2 Market Forecast
7.2Toxicology
7.2.1 Market Trends
7.2.2 Market Forecast
7.3Productivity Testing
7.3.1 Market Trends
7.3.2 Market Forecast
7.4Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Animal Type
8.1Livestock Animals
8.1.1 Market Trends
8.1.2 Market Forecast
8.2Companion Animals
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Region
9.1North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1Overview
10.2Strengths
10.3Weaknesses
10.4Opportunities
10.5Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1Overview
12.2Bargaining Power of Buyers
12.3Bargaining Power of Suppliers
12.4Degree of Competition
12.5Threat of New Entrants
12.6Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1Market Structure
14.2Key Players
14.3Profiles of Key Players
14.3.1Boehringer Ingelheim GmbH
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.2IDEXX Laboratories Inc.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3Neogen Corporation
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4Phoenix Central Laboratory for Veterinarians Inc. (Zoetis Inc.)
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5ProtaTek International Inc (Pharmgate LLC)
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6Royal GD
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.7Texas A&M Veterinary Medical Diagnostic Laboratory
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8VCA Inc. (Mars Incorporated)
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9Virbac Animal Health India Private Limited
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
Figure 1: Global: Veterinary Reference Laboratory Market: Major Drivers and Challenges
Figure 2: Global: Veterinary Reference Laboratory Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Veterinary Reference Laboratory Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Veterinary Reference Laboratory Market: Breakup by Technology (in %), 2022
Figure 5: Global: Veterinary Reference Laboratory Market: Breakup by Application (in %), 2022
Figure 6: Global: Veterinary Reference Laboratory Market: Breakup by Animal Type (in %), 2022
Figure 7: Global: Veterinary Reference Laboratory Market: Breakup by Region (in %), 2022
Figure 8: Global: Veterinary Reference Laboratory (Clinical Chemistry) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Veterinary Reference Laboratory (Clinical Chemistry) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Veterinary Reference Laboratory (Hematology) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Veterinary Reference Laboratory (Hematology) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Veterinary Reference Laboratory (Immunodiagnostics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Veterinary Reference Laboratory (Immunodiagnostics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Veterinary Reference Laboratory (Molecular Diagnostics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Veterinary Reference Laboratory (Molecular Diagnostics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Veterinary Reference Laboratory (Other Technologies) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Veterinary Reference Laboratory (Other Technologies) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Veterinary Reference Laboratory (Clinical Pathology) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Veterinary Reference Laboratory (Clinical Pathology) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Veterinary Reference Laboratory (Toxicology) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Veterinary Reference Laboratory (Toxicology) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Veterinary Reference Laboratory (Productivity Testing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Veterinary Reference Laboratory (Productivity Testing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Veterinary Reference Laboratory (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Veterinary Reference Laboratory (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Veterinary Reference Laboratory (Livestock Animals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Veterinary Reference Laboratory (Livestock Animals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Veterinary Reference Laboratory (Companion Animals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Veterinary Reference Laboratory (Companion Animals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: North America: Veterinary Reference Laboratory Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: North America: Veterinary Reference Laboratory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: United States: Veterinary Reference Laboratory Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: United States: Veterinary Reference Laboratory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Canada: Veterinary Reference Laboratory Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Canada: Veterinary Reference Laboratory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Asia-Pacific: Veterinary Reference Laboratory Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Asia-Pacific: Veterinary Reference Laboratory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: China: Veterinary Reference Laboratory Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: China: Veterinary Reference Laboratory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Japan: Veterinary Reference Laboratory Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Japan: Veterinary Reference Laboratory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: India: Veterinary Reference Laboratory Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: India: Veterinary Reference Laboratory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: South Korea: Veterinary Reference Laboratory Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: South Korea: Veterinary Reference Laboratory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Australia: Veterinary Reference Laboratory Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Australia: Veterinary Reference Laboratory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Indonesia: Veterinary Reference Laboratory Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Indonesia: Veterinary Reference Laboratory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Others: Veterinary Reference Laboratory Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Others: Veterinary Reference Laboratory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Europe: Veterinary Reference Laboratory Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Europe: Veterinary Reference Laboratory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Germany: Veterinary Reference Laboratory Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Germany: Veterinary Reference Laboratory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: France: Veterinary Reference Laboratory Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: France: Veterinary Reference Laboratory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: United Kingdom: Veterinary Reference Laboratory Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: United Kingdom: Veterinary Reference Laboratory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Italy: Veterinary Reference Laboratory Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Italy: Veterinary Reference Laboratory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Spain: Veterinary Reference Laboratory Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Spain: Veterinary Reference Laboratory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Russia: Veterinary Reference Laboratory Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Russia: Veterinary Reference Laboratory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Others: Veterinary Reference Laboratory Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Others: Veterinary Reference Laboratory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Latin America: Veterinary Reference Laboratory Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Latin America: Veterinary Reference Laboratory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Brazil: Veterinary Reference Laboratory Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Brazil: Veterinary Reference Laboratory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Mexico: Veterinary Reference Laboratory Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Mexico: Veterinary Reference Laboratory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Others: Veterinary Reference Laboratory Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Others: Veterinary Reference Laboratory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Middle East and Africa: Veterinary Reference Laboratory Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Middle East and Africa: Veterinary Reference Laboratory Market: Breakup by Country (in %), 2022
Figure 78: Middle East and Africa: Veterinary Reference Laboratory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Global: Veterinary Reference Laboratory Industry: SWOT Analysis
Figure 80: Global: Veterinary Reference Laboratory Industry: Value Chain Analysis
Figure 81: Global: Veterinary Reference Laboratory Industry: Porter's Five Forces Analysis
Table 1: Global: Veterinary Reference Laboratory Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Veterinary Reference Laboratory Market Forecast: Breakup by Technology (in Million US$), 2023-2028
Table 3: Global: Veterinary Reference Laboratory Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: Global: Veterinary Reference Laboratory Market Forecast: Breakup by Animal Type (in Million US$), 2023-2028
Table 5: Global: Veterinary Reference Laboratory Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Veterinary Reference Laboratory Market: Competitive Structure
Table 7: Global: Veterinary Reference Laboratory Market: Key Players
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