Global Veterinary CRO Market 2022-2026

Global Veterinary CRO Market 2022-2026

Technavio has been monitoring the veterinary CRO market and it is poised to grow by $ 277.21 mn during 2022-2026 progressing at a CAGR of 7.75% during the forecast period. Our report on the veterinary CRO market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by increase in ownership of companion animals, surge in animal health expenditure, and R&D activities among veterinary medicine manufacturers.

The veterinary CRO market analysis includes the type segment and geographic landscape.

Technavio's veterinary CRO market is segmented as below:

By Type

• Clinical trials
• Toxicology
• Market authorization and regulatory support

By Geographical Landscape

• North America
• Europe
• Asia
• Rest of World (ROW)

This study identifies the increase in prevalence of diseases among companion animals as one of the prime reasons driving the veterinary CRO market growth during the next few years. Also, rise in awareness regarding animal healthcare and higher investment in veterinary CRO will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on veterinary CRO market covers the following areas:

• Veterinary CRO market sizing
• Veterinary CRO market forecast
• Veterinary CRO market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading veterinary CRO market vendors that include Argenta Ltd., Avogadro LS, Cebiphar, Charles River Laboratories International Inc., GD, Ictyopharma, Invetus, Kingfisher International, KLIFOVET GmbH, knoell, Lohlein and Wolf vet research, Oncovet Clinical Research, ONDAX Scientific SL, Ridgeway Research Ltd., Rockstep Solutions, Veterinary Research Management, VETSPIN SRL, Wageningen University and Research, RTI LLC, and Clinvet. Also, the veterinary CRO market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

Argenta Ltd., Avogadro LS, Cebiphar, Charles River Laboratories International Inc., GD, Ictyopharma, Invetus, Kingfisher International, KLIFOVET GmbH, knoell, Lohlein and Wolf vet research, Oncovet Clinical Research, ONDAX Scientific SL, Ridgeway Research Ltd., Rockstep Solutions, Veterinary Research Management, VETSPIN SRL, Wageningen University and Research, RTI LLC, Clinvet