Veterinary Reference Laboratory Market Share, Size, Trends, Industry Analysis Report, By Technology; By Application (Clinical Pathology, Virology, Bacteriology, Parasitology, Productivity Testing, Pregnancy Testing, Toxicology, Others); By Animal Type; By

Veterinary Reference Laboratory Market Share, Size, Trends, Industry Analysis Report, By Technology; By Application (Clinical Pathology, Virology, Bacteriology, Parasitology, Productivity Testing, Pregnancy Testing, Toxicology, Others); By Animal Type; By End-Use; By Region; Segment Forecast, 2022 - 2030

The global veterinary reference laboratory market size is expected t-reach USD 9.15 billion by 2030, according t-a new study by Polaris Market Research. The report “Veterinary Reference Laboratory Market Share, Size, Trends, Industry Analysis Report, By Technology; By Application (Clinical Pathology, Virology, Bacteriology, Parasitology, Productivity Testing, Pregnancy Testing, Toxicology, Others); By Animal Type; By End-Use; By Region; Segment Forecast, 2022 – 2030” gives a detailed insight int-current market dynamics and provides analysis on future market growth.

The market is being driven by factors such as the rise in the number of companion animals, increase in premiums for pet insurance, increase in the number of animal specialists, and growing awareness about zoonotic diseases.

Increased consumer awareness of the importance of investing in the health of animals, particularly those that come int-touch with humans, t-prevent animal specialist diseases is projected t-boost the use of animal specialist diagnostics and, as a result, propelling the industry growth. Furthermore, in the agriculture sector, strict requirements for livestock health have kept the demand for lab testing services high in the long term.

In 2021, production animals will have the highest portion of the animal type segment, owing t-the growing use of milk, meat, and other animal products. Due t-a surge in animal ownership, the companion animals industry is likely t-develop at a lucrative rate throughout the forecast period, as different studies show that interacting with animals has health benefits. One of the significant contributing elements is the government’s increased animal protection measures.

The Asia Pacific is anticipated t-create a lucrative growth opportunity in the forecast period due t-the prevalence of unmet clinical needs, increased healthcare expenditure, and the construction of VRLs by significant global players in this region. Growing spending on R&D by global industry players and ongoing efforts t-industry animal specialist diagnostics and management capabilities at lower prices are driving the industry forward.

Colorad-State University, Boehringer Ingelheim, Friedrich-Loeffler-Institute, Heska Corporation, GD Animal Health, IDEXX Laboratories, Inc., IDVet, LABOKLIN GmbH, NEOGEN Corporation, ProtaTek International Inc., Washington Animal Disease Diagnostic Laboratory, Kansas State Veterinary Diagnostic Lab., SYNLAB International GmbH, The Pirbright Institute, Texas A&M Veterinary Medical Diagnostic Lab., Therm-Fisher Scientific, Inc., Vetnostics, Virbac, VCA, Inc., and Zoetis Inc. are some of the major players operating in the global market.

In November 2021, VetZ GmbH, a European animal specialist practice information management software firm, was acquired by Heska Corporation. Early in 2022, the acquisition is likely t-be completed. With VetZ PIMS, Heska joins an exclusive group that provides the ideal solution and completely integrated services for point-of-care diagnostics, fast diagnostics, imaging, specialist telemedicine services, and reference lab services.

Polaris Market Research has segmented the veterinary reference laboratory market report on the basis of technology, application, animal type, end-use and region:

Veterinary Reference Laboratory, Technology Outlook (Revenue – USD Billion, 2018 – 2030)

• Molecular Diagnostic
• Immunodiagnostics
• Hematology
• Clinical Chemistry

Veterinary Reference Laboratory, Application Outlook (Revenue – USD Billion, 2018 – 2030)

• Clinical Pathology
• Virology
• Bacteriology
• Parasitology
• Productivity Testing
• Pregnancy Testing
• Toxicology
• Others

Veterinary Reference Laboratory, Animal Type Outlook (Revenue – USD Billion, 2018 – 2030)

• Companion Animals
• Food-Producing Animals

Veterinary Reference Laboratory, End-Use Outlook (Revenue – USD Billion, 2018 – 2030)

• Veterinary Hospitals
• Veterinary Clinics

Veterinary Reference Laboratory, Regional Outlook (Revenue – USD Billion, 2018 – 2030)

• North America
• U.S
• Canada
• Europe
• France
• Germany
• UK
• Italy
• Netherlands
• Spain
• Austria
• Asia Pacific
• China
• India
• Japan
• Malaysia
• Australia
• Indonesia
• Latin America
• Mexico
• Brazil
• Argentina
• Middle East & Africa
• UAE
• Saudi Arabia
• Israel
• South Africa