Soaring Demand Set to Propel Veterinary Laboratory Testing Services Market to $111.58 Billion by 2029

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Veterinary Laboratory Testing Services Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market for veterinary laboratory testing services has seen significant expansion in the past few years. The market is projected to rise from $78.2 billion in 2024 to $84.43 billion in 2025, with a compound annual growth rate (CAGR) of 8.0%. This growth during the historical period is due to factors such as an increase in disposable income, heightened adoption of pets, a surge in merger and acquisition activities, heightened spending on animal healthcare, an increase in pet outlays, and growth in the population of companion animals.

Veterinary Laboratory Testing Services Market Size Forecast: What's the Projected Valuation by 2029?
The market size for veterinary laboratory testing services is anticipated to exhibit robust growth in the upcoming years, reaching a value of $111.58 billion by 2029 with a compound annual growth rate (CAGR) of 7.2%. Factors contributing to this growth during the forecast period include the rising popularity of pet insurance, accelerated growth in the urban population, and heightened consciousness about animal health, as well as the introduction of advanced rapid tests and mobile tools for point-of-care testing. Key trends expected during the forecasted period include the implementation of multiple testing panels, the application of artificial intelligence (AI), the introduction of new pathogen PCR (polymerase chain reaction) tests, and an emphasis on partnerships and collaborations alongside the launch of innovative new products.

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What Are the Drivers Transforming the Veterinary Laboratory Testing Services Market?
A surge in disease outbreaks among animals is propelling the market for veterinary laboratory testing services. Such diseases are especially prevalent among cattle, which are increasingly being infected by a diverse spectrum of pathogens, thereby escalating the demand for laboratory tests. Furthermore, infectious diseases resulting from pathogens and viruses are threatening livestock around the world. Specifically, Salmonella and Campylobacter, which are the most prevalent zoonotic pathogens, can be found in the intestinal tracts of animals such as chickens, cows, and pigs. These pathogens are leading contributors to foodborne illness globally. When passed onto humans through the food chain, these diseases pose a significant risk. Consequently, efforts to mitigate these infections in animals are a key driving factor for the veterinary laboratory testing market. The FoodNet system, maintained by the Center for Disease Control and Prevention in the United States, reported 24,484 foodborne illnesses, 5,677 hospitalizations, and 122 deaths. The most frequent incidences, per 100,000 people, included Campylobacter, Salmonella, and Shigella in the US. These organisms are responsible for bacterial gastroenteritis, a digestive issue.

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What Long-Term Trends Will Define the Future of the Veterinary Laboratory Testing Services Market?
Veterinary laboratory testing services are beginning to implement multiple test panels in growing numbers. These test panels represent a predetermined suite of medical tests applied to diagnose and treat a variety of animal health conditions. They typically consist of individual lab tests, categorized by specimen type, employed methodology, or the most commonly sought-after tests. Incorporating several test panels enables benefits such as labor effectiveness, automation, and cost-effectiveness through daily mass testing. For example, Abaxis Inc. uses various single-purpose test panels to approach multiple conditions, requiring only three to four droplets of blood for up to 14 precise outcomes.

Which Segments in the Veterinary Laboratory Testing Services Market Offer the Most Profit Potential?
The veterinary laboratory testing services market covered in this report is segmented -

1) By Technology: Clinical Biochemistry, Immunodiagnostics, Hematology, Molecular Diagnostics, Other Technologies
2) By Animal Type: Companion Animals, Livestock
3) By End User: Veterinary Hospitals And Clinics, Diagnostic Laboratories, Research Institutes, In-House Testing, Other End-Users

Subsegments:
1) By Clinical Biochemistry: Blood Chemistry Analysis, Urinalysis, Electrolyte Analysis, Glucose Monitoring, Immunodiagnostics
2) By Immunodiagnostics: Enzyme-Linked Immunosorbent Assay (ELISA), Lateral Flow Assays (LFA), Radioimmunoassay, Rapid Tests
3) By Hematology: Complete Blood Count (CBC), Blood Smear Examination, Coagulation Tests, Hemoglobin Analysis
4) By Molecular Diagnostics: Polymerase Chain Reaction (PCR), Nucleic Acid Sequencing, Microarrays, Hybridization
5) By Other Technologies: Cytology, Microbiology, Urinalysis

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Which Firms Dominate the Veterinary Laboratory Testing Services Market by Market Share and Revenue in 2025?
Major companies operating in the veterinary laboratory testing services market include IDEXX Laboratories, Mars Incorporated, Zoetis Inc, CVS Group PLC, Heska Corporation, Gribbles Veterinary, Neogen Corporation, GD Animal Health, Greencross Limited, ProtaTek International, Inc, Vetserv India, Pathvets, VETLAB, MSD Animal Health (Merck), Boehringer Ingelheim, Bayer Healthcare, Vetoquinol SA, Ceva Sante Animale, Frantz Cappe, Clinique Veterinaire Metivet, Alizee Vet Clinic, Cristina Cardone, Abbey House Veterinary Hospital, Aberdeen Veterinary Referrals, Abington Park Vets, Acorn House Veterinary Hospital, Alma Veterinary Hospital, Anderson Moores Veterinary Specialists, Animal Trust Vets CIC Bolton, Animed Veterinary Hospital & Equine Unit, Draminski, Agnieszka Jakubowska Equi Serwis Gabinet Weterynaryjny, BHH MIKROMED SP. Z O.O, BWF Technologies Sp. Z O.O, Bioticapharma, Veterinary Purchasing Company Limited, Associated Vet Purchasing, Acell, Addison Biological Laboratory Inc, Colorado Serum Company, Elanco Animal Health, Icare Tonovet, Kindred Biosciences, Merck Animal Health, Norbrook Inc, J.A Saude Animal, Eurofins Sao Paulo Brazil, Vaxxinova, Gulf Veterinary Services Company, Mansour Al Mosaid Group, Karaman Veterinary Medicines Co LLC, IFT ANIMAL HEALTH LLC, Bupo Animal Health, Virbac SA, Animal Care Services Konsult Nigeria Ltd, Egavet, Al Walaa Co, Alliance Pharma EG, Cowtribe

Which Regions Offer the Highest Growth Potential in the Veterinary Laboratory Testing Services Market?
North America was the largest region in the veterinary laboratory testing market in 2024. Asia-Pacific was the second-largest region in the global veterinary laboratory testing market report. The regions covered in the veterinary laboratory testing services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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