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Global Veterinary Laboratory Testing Services Market 2023 | Key Companies - ABAXIS, Inc., IDEXX Laboratories, Inc., Heska Corporation, Pfizer Animal Health, Neogen Corporation | Forecasts Till 2032
Veterinary Laboratory Testing Services Market
The Business Research Company's Veterinary Laboratory Testing Services Global Market Report 2023 identifies the veterinary laboratory testing services market is being driven by the rising prevalence of disease epidemics in animals. For instance, cattle are getting infected by a wide group of pathogens, which is leading to a rise in the number of laboratory tests done for cattle. Moreover, livestock globally is becoming vulnerable to infectious diseases caused by pathogens and viruses.
The global veterinary laboratory testing services market size will grow from $23.39 billion in 2022 to $25.75 billion in 2023 at a compound annual growth rate (CAGR) of 10.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global veterinary laboratory testing services market size is expected to grow from $36.19 billion in 2027 at a CAGR of 8.9%.
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Major competitors in the Veterinary Laboratory Testing Services market are ABAXIS, Inc., IDEXX Laboratories, Inc., Heska Corporation, Pfizer Animal Health, Neogen Corporation, Thermo Fisher Scientific Inc., Zoetis, Inc., IDVet, Virbac, Zoetis, VCA Antech, Inc., and Prionics AG.
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 an animal disease.
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The Veterinary Laboratory Testing Services Market Is Segmented -
• By Technology: Clinical Biochemistry, Immunodiagnostics, Hematology, Molecular Diagnostics, Urinalysis, Other Technologies
• By Animal Type: Pet Animals, Livestock
• By End User: Veterinary Hospitals And Clinics, Diagnostic Laboratories, Research Institutes, In-House Testing, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Veterinary Laboratory Testing Services market.
The Business Research Company's "Global Veterinary Laboratory Testing Services Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Veterinary Laboratory Testing Services Market Include:
1. Executive Summary
2. Veterinary Laboratory Testing Services Market Characteristics
3. Veterinary Laboratory Testing Services Market Trends And Strategies
4. Veterinary Laboratory Testing Services Market - Macro Economic Scenario
5. Veterinary Laboratory Testing Services Market Size And Growth
.....
26. Africa Veterinary Laboratory Testing Services Market
27. Veterinary Laboratory Testing Services Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Veterinary Laboratory Testing Services Market
29. Veterinary Laboratory Testing Services Market Future Outlook and Potential Analysis
30. Appendix
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