The global market for veterinary reference laboratory is projected to have considerable CAGR of around 11.5% during the forecast period owing to rising number of companion livestock animals. A pet or a companion animal is one with no special training for assisting an individual or for the company, amusement, psychological support and so on. The companion animals encourages the demand of personal healthcare and proper diagnosis of the diseases therefore pushes the adoption of various reference laboratory services for various applications such as clinical pathology, bacteriology and others. Therefore growing demand of veterinary reference laboratory services further propels the market growth.
Get Free Sample Copy @ https://www.omrglobal.com/request-sample/veterinary-reference-laboratory-market
Moreover, the factory farming is considered as one of the major factors that contributes significantly in the growth of the number of livestock animals. In factory farming, a large number of animals including cows, pigs, turkeys, goats, sheep, pigs or chickens are held in order to increase production of eggs, meat, beef and milk at the lowest possible cost. In the US, more than 95% of animals are produced in factory farming for maximizing agribusiness profit. The bulk of animals are kept and raised in the farm which significantly increases the chances of spreading diseases among animals. Therefore, the operations of factory farming are expected to get on track post 2020, owing to the rise in the consumption of animal derived products across the globe. This, in turn, will increase the demand for veterinary reference laboratory services across the globe.
A Full Report of Global Veterinary Reference Laboratory Market is Available at: https://www.omrglobal.com/industry-reports/veterinary-reference-laboratory-market
Growing zoonotic diseases spur the veterinary reference laboratory market
The rising prevalence of zoonotic diseases further contribute in the growth of the veterinary reference laboratory market. Zoonotic diseases are the infectious diseases transmitted from animals to humans and human to animals that are caused by pathogenic agents including parasites, fungi, bacteria, and viruses. These diseases have been recognized for centuries; however, its impact on public health is on rising due to the emergence of novel zoonotic diseases. Zoonotic diseases have always been featured among the broad range of human diseases such as yellow fever, plague, tuberculosis. These diseases have mostly come from poultry, domestic animals, and livestock. However, these infections are increasingly emerging from wildlife species due to environmental changes.
Many zoonoses such as avian influenza and rabies from wildlife are are increased, whereas as some such as Ebola have been emerged recently or being linked to wildlife reservoir species. Ebola was linked to cave-dwelling bats in Africa. The other instance of such disease is severe acute respiratory syndrome (SARS) coronavirus that has emerged from bats to civets before ultimately affecting humans in southern China. Therefore the rising these type of diseases further propels the demand of clinical pathology tests and others application or reference laboratory in veterinary clinics and hospitals, thus contributing in the growth of the market.
Global Veterinary Reference Laboratory Market Segmentation
By Product Type
Instruments
Consumables
By Application
Clinical Pathology
Infectious Disease
Orthopedics
Gynecology
Oncology
Others (Neurology)
By End-User
Veterinary Hospitals &Clinics
Homecare
Global Veterinary Reference Laboratory Market – Segment by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
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.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/veterinary-reference-laboratory-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email:
[email protected]
Contact no: +91 780-304-0404