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Veterinary Laboratory Testing Services Market Global Demand, Research And Top Leading Player To 2023
The Business Research Company offers "Veterinary Laboratory Testing Services Global Market Report 2020-30: COVID-19 Growth And Change" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.The global veterinary laboratory testing services market is expected to decline from $18.3 billion in 2019 to $14.2 billion in 2020 at a compound annual growth rate (CAGR) of -22.5%. The decline is mainly due to COVID-19 outbreak and the measures to contain it. Several veterinary care facilities in affected countries have been completely closed or have been only providing minimal treatment for emergency cases. The market is then expected to recover and grow at a CAGR of 5.3% from 2021 and reach $22.4 billion in 2023.
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The veterinary laboratory testing services market consists of sales of laboratory testing services for animals. These services consist of various tests conducted for diagnosis of infectious agents, toxins, and other causes of diseases in animals. The tests conducted involve chemistry, pathology, serology, hematology, radiography and endocrinology related assessments.
The companies in the veterinary laboratory testing services are increasingly adopting multiple testing panels. A test panel is a pre-decided group of medical tests to be used in the diagnosis as well as the treatment of the animal disease. The test panels are normally composed of individual laboratory tests which are grouped together by specimen type, methodology used, or by the most frequently requested tests.
Veterinary Laboratory Testing Services Market Segmentation:
By Technology
1. Clinical Biochemistry,
2. Immunodiagnostics,
3. Hematology,
4. Molecular Diagnostics,
5. Urinalysis,
6. Others.
By End User
1. Pet Animals,
2. Livestock.
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Few Points From Table Of Content
1. Executive Summary
2. Veterinary Laboratory Testing Services Market Characteristics
3. Veterinary Laboratory Testing Services Market Size And Growth
4. Veterinary Laboratory Testing Services Market Segmentation
5. Veterinary Laboratory Testing Services Market Regional And Country Analysis
……
25. Veterinary Laboratory Testing Services Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Veterinary Laboratory Testing Services Market
27. Veterinary Laboratory Testing Services Market Trends And Strategies
28. Veterinary Laboratory Testing Services Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the veterinary laboratory testing services market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the veterinary laboratory testing services market are Randox Laboratories, Ltd., Henry Schein, Biochek, Idexx, Boehringer Ingelheim International GmbH, Sanofi, Mars Incorporated, GD Animal Health, Marshfield Clinic., ProtaTek International, Phoenix Lab.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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