The Role Of Zoonotic Diseases In Driving Growth In The Veterinary Reference Laboratories Market: A Key Factor Shaping the Future of the Veterinary Reference Laboratory Market in 2025

How Are the key drivers contributing to the expansion of the veterinary reference laboratory market?
The escalating occurrence of zoonotic diseases is predicted to fuel the expansion of the veterinary reference laboratories market. Diseases that originate from pathogenic bacteria, parasites, viruses, and fungi and can be transmitted to humans and animals are referred to as zoonotic diseases. These can result in varying degrees of sickness, including severe illness and even fatality. Veterinary reference laboratories serve as a potent and crucial resource in preventing these diseases while also advancing animal health, ensuring safe food production and protecting public health. For instance, in July 2022, the Centers for Disease Control and Prevention, a US Government Agency, stated that zoonotic diseases are widespread in the United States and worldwide. Researchers estimate that more than 6 out of 10 known infectious diseases in humans are derived from animals, and 3 out of 4 new or emerging infectious diseases in humans are animal-borne. As such, the escalating occurrence of zoonotic diseases is a key factor driving the expansion of the veterinary reference laboratories market.

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What growth opportunities are expected to drive the veterinary reference laboratory market's CAGR through 2034?
The market size of the veterinary reference laboratory has witnessed a swift expansion in the past few years. Its size is projected to increase from $4.33 billion in 2024 to $4.83 billion in 2025, representing a compound annual growth rate (CAGR) of 11.5%. The expansion noted during the historical period can be linked to factors such as the surge in pet ownership, advancements in the field of veterinary medicine, the escalating consciousness about animal health, and governmental initiatives.

Experts predict a swift increase in the size of the veterinary reference laboratory market in the coming years, with expectations of it reaching $7.58 billion by 2029, at a compound annual growth rate (CAGR) of 11.9%. The forecasted growth is due to factors such as the global expansion of pet trade, the escalating need for specialized testing services, and the intensifying focus on preventive healthcare. Key trends for the period include technological advancements, the inclusion of information technology, the rise of telemedicine in veterinary care, the worldwide expansion of veterinary services, a growing range of tests and specialization, with emphasis on point-of-care testing.

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What are the emerging trends shaping the future of the veterinary reference laboratory market?
Important players in the veterinary reference laboratories market are focusing their efforts on creating cutting-edge analytical tools like Vello, with the aim of improving veterinary diagnostics and making laboratory procedures more efficient. Vello is a groundbreaking diagnostic platform created to deliver swift and precise test results for veterinary health checks and disease management. As an example, IDEXX Laboratories Inc., an American firm involved in distributing goods and services for companion animal veterinary, water testing, dairy, livestock and poultry, introduced Vello in February 2024. Vello is a pioneering pet owner engagement software solution that makes it easier for veterinary practices and clients to interact. It is the only pet owner engagement solution designed specifically for IDEXX practice management software, facilitating effective communication for veterinary practices using ezyVet®, Neo®, and Cornerstone®. It comes with automated reminders, health service alerts, and a mobile-friendly web platform that simplifies the process of accessing pet records and making appointments. This method improves the overall efficiency of the practice, promotes better relationships with clients, and enhances pet care standards.

Which growth-oriented segments of the veterinary reference laboratory market are leading the industry's development?
The veterinary reference laboratory market covered in this report is segmented -

1) By Services: Clinical Chemistry, Hematology, Immunodiagnostics, Urinalysis, Molecular Diagnostics, Other Services
2) By Animal Type: Companion Animals, Livestock Animals
3) By Application: Clinical Pathology, Bacteriology, Parasitology, Virology, Productivity Testing, Pregnancy Testing, Toxicology Testing
4) By End User: Veterinary Hospitals, Veterinary Clinics

Subsegments:
1) By Clinical Chemistry: Blood Biochemistry Panels, Electrolyte Analysis, Liver And Kidney Function Tests
2) By Hematology: Complete Blood Count (CBC), Coagulation Testing, Blood Smear Analysis
3) By Immunodiagnostics: Serology Testing, Antibody And Antigen Testing, Allergy Testing
4) By Urinalysis: Urine Chemistry Analysis, Microscopic Examination, Urine Culture And Sensitivity
5) By Molecular Diagnostics: PCR Testing, Genetic Testing, Infectious Disease Detection
6) By Other Services: Cytology, Histopathology, Parasitology

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What regions are leading the charge in the veterinary reference laboratory market?
North America was the largest region in the veterinary reference laboratory market in 2024.The regions covered in the veterinary reference laboratory market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

What companies are at the forefront of innovation in the veterinary reference laboratory market?
Major companies operating in the veterinary reference laboratory market include IDEXX Laboratories Inc., VCA Animal Hospitals incorporated, Royal GD, C. H. Boehringer Sohn AG & Co. KG, Zoetis Inc., Neogen Corporation, Laboklin GmbH & Co. KG, SYNLAB International GmbH, Heska Corporation, Virbac Corporation, Thermo Fisher Scientific Inc., Texas A&M Veterinary Medical Diagnostic Laboratory, University of Minnesota, Iowa State University, Vetnostics, ProtaTek International Inc., Animal and Plant Health Agency, Animal Health Diagnostic Center, National Veterinary Services Laboratory, Washington Animal Disease Diagnostic Laboratory, Kansas State Veterinary Diagnostic Laboratory, Randox Laboratories Ltd., Greencross Ltd., Gribbles Veterinary Pathology Pty. Ltd., Mars Inc., Vaxxinova Gmbh, Pirbright Institute, Biobest Laboratories Ltd., Biovet Private Limited, Fujifilm Holdings Corporation

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What Is Covered In The Veterinary Reference Laboratory Global Market Report?

•Market Size Forecast: Examine the veterinary reference laboratory market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the veterinary reference laboratory market for a structured understanding.
•Key Players Overview: Analyze major players in the veterinary reference laboratory market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the veterinary reference laboratory market.
•Segment Contributions: Evaluate how different segments drive overall growth in the veterinary reference laboratory market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the veterinary reference laboratory market.
•Industry Challenges: Identify potential risks and obstacles affecting the veterinary reference laboratory market.
•Competitive Landscape: Review strategic developments in the veterinary reference laboratory market, including expansions, agreements, and new product launches.

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