The new report "Global Veterinary Reference Laboratory Market” accounted to USD 1.81 Billion in 2016 growing at a CAGR of 10.1% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Global Veterinary Reference Laboratory Market by Application (Clinical Chemistry, Hematology, Immunodiagnostics, Molecular Diagnostics), By Application (Clinical Pathology, Bacteriology, Parasitology, Virology, Productivity Testing, Pregnancy Testing, Toxicology), By Type of Animal (Companion Animals, Food-Producing Animals), By End User (Veterinary Hospitals, Veterinary Clinics), By Geography – Industry Trends and Forecast to 2024
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Veterinary reference laboratories are prepared to recognize any disease in animals. To recognize animal diseases specialized centers are needed.
In order to identify the diseases, these veterinary centers maintain a reference database, for the quick reorganization of the animal diseases. Increase in the animal livestock and animal derived products boosts the market.
Major Market Drivers and Restraints:
- Increasing frequency of zoonotic diseases.
- Increasing awareness about animal healthcare
- Increase in number of veterinary practitioners
- Growth in animal derived product demand
- Increased animal livestock
- Rise in the price of pet care
Market Key Drivers:
The veterinary reference laboratory market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
The report includes market shares of veterinary reference laboratory market for global, Europe, North America, Asia Pacific and South America.
On the basis of application
- Clinical Chemistry
- Immunodiagnostics And Molecular Diagnostics
On the basis of application
- Clinical Pathology
- Productivity Testing
- Pregnancy Testing And Toxicology
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By type of animal
- Companion Animals
- Food-Producing Animals
On the basis of end user
- Veterinary Hospitals
- Veterinary Clinics.
On the basis of geography, veterinary reference laboratory market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
In 2017, North America is expected to dominate the market.
Major Players Operating in Veterinary Reference Laboratory Market are:
- H. Boehringer Sohn AG & Ko. KG
- Sanofi S.A.
- IDEXX Laboratories, Inc.
- Mars, Incorporated
- Stichting Beheer Gezondheidsdienst Voor Dieren
- NEOGEN CORPORATION
- Cornell University College of Veterinary Medicine
- Animal and Plant Health Agency
- Phoenix Lab
- ProtaTek International, SHV
- Marshfield Clinic
- Greencross Limited
- Gribbles Veterinary
- Wisconsin Veterinary Diagnostic Laboratory
- WSU Veterinary Clinical Pathology Laboratory
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