The global market for veterinary reference laboratory is projected to have considerable CAGR of around 11.5% during the forecast period. The market growth mainly backed by the increasing number of companion animals coupled with rising zoonotic diseases across the globe. The growing adoption of the companion mainly in developed and emerging economies contribute to the market. As per the US National shelter, the adoption rate of cats and dogs has significantly grow in the recent past. The total number of companion animals in US was accounted around 184 million in 2017-2018 from 144 million in 2012. Moreover, rising zoonotic due to the growing rate of changing environment associated with the pathogens further propels the market. For Instance, Ongoing regional epidemics of Ebola in West Africa and Middle East respiratory syndrome coronavirus (MERS-CoV) in Middle East creates the demand for veterinary reference laboratory for the prevention of such diseases.
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The global veterinary reference laboratory market is segmented based on animal type and application. Based on the animal type, the market is further classified into livestock animals and companion animals. The livestock segment is projected to have considerable growth in the market owing to the growing demand of animal derived products across the globe. On the basis of application the market is further segregated into clinical pathology, gynecology, bacteriology, toxicology, and others. Among application the clinical pathology segment is projected to have considerable share in the market. The increasing number of pathology test further encourages the demand of consumables such as kits & reagents and imaging system reagents for better understanding of diseases in animals.
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Market Segmentation
Global Veterinary Reference Laboratory Market by Animal Type
• Livestock Animals
• Companion Animals
Global Veterinary Reference Laboratory Market by Application
• Clinical Pathology
• Gynecology
• Bacteriology
• Toxicology
• Others(Virology)
Regional Analysis
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• Rest of Asia-Pacific
Rest of the World
Company Profiles
• Boehringer Ingelheim International GmbH
• Cornell University College of Veterinary Medicine
• Colorado State University
• IDEXX Laboratories, Inc.
• Iowa State University
• GD Animal Health
• Laboklin GmbH& Co.KG
• Neogen Corp.
• National Veterinary Services Laboratories
• Protatek International Inc.
• Synlab International GmbH
• Texas A&M Veterinary Medical Diagnostic Laboratory
• The Pirbright Institute
• University of Minnesota
• VCA Inc.
• Veterinary Services Pty Ltd.
• Washington Animal Disease Diagnostic Laboratory
• Zoetis Inc.
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