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Veterinary Reference Laboratory Market Share

Report ID: GMI5540
Published Date: May 2023
Report Format: PDF

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Veterinary Reference Laboratory Market Leaders

Some of the major market players operating in the veterinary reference laboratory industry are:

IDEXX Laboratories Inc
GD Animal Health
Zoetis Inc.
NEOGEN Corporation
LABOKLIN GMBH & CO.KG
Heska Corporation
Virbac
Vaxxinova Gmbh
Thermo Fisher Scientific Inc
Boehringer Ingelheim International GmbH
Colorado State University
Nova Biomedical,
Antech Diagnostics, Inc.

These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

The global market for veterinary reference laboratory reached USD 4 billion in 2022 and is anticipated to expand at a CAGR of 8-10% from 2023 to 2032.

Clinical chemistry technology segment held a notable share in the veterinary reference laboratory segment in 2022 due to the growing need for early disease diagnosis.

Companion animals segment is poised to record high revenue gains by 2032 due to the surging pet adoption and animal welfare initiatives.

The veterinary reference laboratory market is expected to expand substantially in North America through 2032 due to the presence of a well-developed animal healthcare system, and favorable pet insurance schemes.