Veterinary Reference Laboratory Market Size- By Technology, By Animal Type, By Application, By End User– Regional Outlook, Competitive Strategies and Segment Forecast to 2032
Global Veterinary Reference Laboratory Market Overview
According to SPER Market Research, the Global Veterinary Reference Laboratory Market is estimated to reach USD 9.36 billion by 2032 with a CAGR of 7.84%. During the anticipated period, the global veterinary reference laboratory market is anticipated to expand. The veterinary reference laboratory market has experienced rapid expansion due to the rising trend of pet adoption, rising demand for meat and dietary items made from animals, and rising costs associated with animal healthcare.
Impact of COVID-19 on the Global Veterinary Reference Laboratory MarketMost industry have had negative effects as a result of COVID. This is attributable to the significant interruptions that various precautionary lockdowns and other restrictions imposed by governing bodies around the world created in their respective manufacturing and supply-chain operations. The same is true for the global market for veterinary reference labs.
Scope of the Report:Report Metric Details
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments covered By Technology, By Animal Type, By Application, By End User
Regions covered Asia Pacific, Europe, Middle East and Africa, North America, Latin America
Companies Covered Boehringer Ingelheim, Colorado State University, Friedrich-Loeffler-Institute, GD Animal Health, Heska Corporation, IDEXX Laboratories Inc., IDVet,.
Global Veterinary Reference Laboratory Market Segmentation:By Technology: Based on the Technology, Global Veterinary Reference Laboratory Market is segmented as; Clinical Chemistry, Hematology, Immunodiagnostics (ELISA, Lateral Flow Rapid Tests, Others), Molecular Diagnostics (Microarrays, PCR, Others), Others.
By Application: Based on the Application, Global Veterinary Reference Laboratory Market is segmented as; Bacteriology, Clinical Pathology, Parasitology, Pregnancy Testing, Productivity Testing, Toxicology, Virology, Others.
By Region: North America formerly led the market, and it is anticipated that it will continue to do so during the projection period. The increased proportion of the segment is due to the presence of notable businesses, improved healthcare infrastructure, and high healthcare costs, among other things.