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Veterinary Reference Laboratory Market, By Technology (Hematology, Clinical Chemistry, Molecular Diagnostics, and Immunodiagnostics), By Application, By Animal Type and Geography (North America, Europe, Asia Pacific, and RoW) – Analysis, Share, Trends, Size, & Forecast From 2016 – 2027- COVID- 19 Updated
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Published by AnalystView: 01 Apr 2020 | 270575 | In Stock
Related Topics: Agencies , Chemistry , COVID , Molecular Diagnostics

Introduction

REPORT HIGHLIGHT

The veterinary reference laboratory market is estimated to represent a global market of USD 3.87 billion by 2019 with growth rate of 10.3%.

Market Dynamics

Increasing prevalence of zoonotic diseases is expected to be an important factor driving the growth of veterinary reference laboratory market. According to the Centers for Disease Control and Prevention, large number of people affected with the infections spread through direct or indirect human-animal interface. Also, the WHO stated that zoonotic diseases represent significant public threat and demand proper diagnosis and treatment approach. Furthermore, growing consumption of animal proteins, and thus the expenditure on animal health is also expected to be a factor helping to catalyze this industry growth. According to various research studies, the global demand for animal protein is increasing at constant rate. From 2015 to 2030, the meat production is projected to increase by more than 1 percent annually. This growth will be driven by the increasing preference of people from a vegetarian diet to animal proteins. Such factors would in turn surge in demand for veterinary reference laboratories, driving the industry growth.

Other factors such as rising demand for animal derived food products, increasing number of veterinary practitioners, and rising pet care cost augment the overall market growth to some extent. However, low awareness level regarding animal healthcare, especially in developing regions, hamper the market growth during the study period.

COVID-19 Impact & Recovery Analysis

The proposed report, veterinary reference laboratory market from AnalystView Market Insights suggests three possible forecast scenarios (probable, optimistic, and pessimistic) considering the COVID-19 impact. Our ongoing research analysis amplifies our framework to ensure the inclusion of underlying COVID-19 crisis impact and potential paths forward. The designed report is delivering detailed insights on COVID-19 considering the changes in consumer demand, purchasing patterns, re-routing of the supply chain, and the significant interventions of governments. The updated study provides insights, and forecast, considering the COVID-19 impact on the market.

Regional Takeaway

Depending upon geography, North America dominated the global industry in 2016. Of which, the U.S. market for VRL is growing consistently, and is in a state of transition. High prevalence of livestock and zoonotic diseases coupled with the rising pet ownership support the industry growth in this region. While the industry is on a high growth trajectory in developed regions, the overall market appears to be growing at a promising growth rate in developing regions. Among which, Asia Pacific regions accounted for more than 15% share of the total market, followed by ELISA tests and PCR tests accounting for majority of revenue share in region.

Key Vendor Takeaway

Companies such as IDEXX Laboratories, VCA, Inc., Greencross Limited, Zoetis, and Neogen Corporation are some of the prominent participants in the global veterinary reference laboratories market. VCA, Inc. and IDEXX, collectively, captured highest (more than 60%) share of the global industry. At the same time, small scale companies are actively engaged in providing comprehensive veterinary laboratory services to capture significant market share. For instance, U.S. based veterinary medicine company, VCA Inc., offers advanced veterinary laboratory testing and imaging procedures in all states of the U.S. and certain areas in Canada. The company has diverse range of customer base (over 16,000) including veterinary hospitals. In 2014, the company registered approx. USD 360.9 million (16% of the total revenue) from laboratory segment.

The market size and forecast for each segment and sub-segments has been considered as below:

Historical Year – 2016 to 2020

Base Year – 2019

Estimated Year – 2020

Projected Year – 2021-2027

TARGET AUDIENCE

Traders, Distributors, and Suppliers

Manufacturers

Hospitals

Government and Regional Agencies and Research Organizations

Consultants

Distributors

SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

GLOBAL VETERINARY REFERENCE LABORATORY MARKET, BY TECHNOLOGY

Hematology

Clinical Chemistry

Molecular Diagnostics

Immunodiagnostics

GLOBAL VETERINARY REFERENCE LABORATORY MARKET, BY APPLICATION

Bacteriology

Clinical Pathology

Toxicology

Productivity Testing

GLOBAL VETERINARY REFERENCE LABORATORY MARKET, BY ANIMAL TYPE

Companion Animals

Dogs

Cats

Others

Production Animals

Poultry

Cattles

Others

GLOBAL VETERINARY REFERENCE LABORATORY MARKET, BY REGION

North America

U.S.

Canada

Europe

Germany

France

Rest of Europe

Asia Pacific

India

China

Rest of APAC

Rest of the World

Middle East and Africa

Latin America

Table of Contents
for Veterinary Reference Laboratory Market, By Technology (Hematology, Clinical Chemistry, Molecular Diagnostics, and Immunodiagnostics), By Application, By Animal Type and Geography (North America, Europe, Asia Pacific, and RoW) – Analysis, Share, Trends, Size, & Forecast From 2016 – 2027- COVID- 19 Updated

  • TABLE OF CONTENT

    1. VETERINARY REFERENCE LABORATORY MARKET OVERVIEW

    1.1. Study Scope

    1.2. Base Year

    1.3. Assumption and Methodology

    2. EXECUTIVE SUMMARY

    2.1. Key Market Facts

    2.2. Geographical Scenario

    2.3. Companies in the Market

    3. VETERINARY REFERENCE LABORATORY KEY MARKET TRENDS

    3.1. Market Drivers

    3.1.1. Impact Analysis of Market Drivers

    3.2. Market Restraints

    3.2.1. Impact Analysis of Market Restraints

    3.3. Market Opportunities

    3.4. Market Future Trends

    4. VETERINARY REFERENCE LABORATORY INDUSTRY STUDY

    4.1. Porter’s Analysis

    4.2. Market Attractiveness Analysis

    4.3. Value Chain Analysis

    5. VETERINARY REFERENCE LABORATORY MARKET LANDSCAPE

    5.1. Market Share Analysis

    6. VETERINARY REFERENCE LABORATORY MARKET – BY TECHNOLOGY:

    6.1. Overview

    6.2. Hematology

    6.2.1. Overview

    6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 – 2027, (US$ Million)

    6.3. Clinical Chemistry

    6.3.1. Overview

    6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 – 2027, (US$ Million)

    6.4. Molecular Diagnostics

    6.4.1. Overview

    6.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 – 2027, (US$ Million)

    6.5. Immunodiagnostics

    6.5.1. Overview

    6.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 – 2027, (US$ Million)

    7. VETERINARY REFERENCE LABORATORY MARKET – BY APPLICATION:

    7.1. Overview

    7.2. Bacteriology

    7.2.1. Overview

    7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 – 2027, (US$ Million)

    7.3. Clinical Pathology

    7.3.1. Overview

    7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 – 2027, (US$ Million)

    7.4. Toxicology

    7.4.1. Overview

    7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 – 2027, (US$ Million)

    7.5. Productivity Testing

    7.5.1. Overview

    7.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 – 2027, (US$ Million)

    8. VETERINARY REFERENCE LABORATORY MARKET – BY ANIMAL TYPE:

    8.1. Overview

    8.2. Companion Animals

    8.2.1. Overview

    8.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 – 2027, (US$ Million)

    8.2.3. Dogs

    8.2.3.1. Overview

    8.2.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 – 2027, (US$ Million)

    8.2.4. Cats

    8.2.4.1. Overview

    8.2.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 – 2027, (US$ Million)

    8.2.5. Others

    8.2.5.1. Overview

    8.2.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 – 2027, (US$ Million)

    8.3. Production Animals

    8.3.1. Overview

    8.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 – 2027, (US$ Million)

    8.4. Poultry

    8.4.1. Overview

    8.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 – 2027, (US$ Million)

    8.5. Cattles

    8.5.1. Overview

    8.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 – 2027, (US$ Million)

    8.6. Others

    8.6.1. Overview

    8.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 – 2027, (US$ Million)

    9. VETERINARY REFERENCE LABORATORY MARKET– BY GEOGRAPHY

    9.1. Introduction

    9.2. North America

    9.2.1. Overview

    9.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 – 2027, (US$ Million)

    9.2.3. U.S.

    9.2.3.1. Overview

    9.2.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 – 2027, (US$ Million)

    9.2.4. Canada

    9.2.4.1. Overview

    9.2.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 – 2027, (US$ Million)

    9.3. Europe

    9.3.1. Overview

    9.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 – 2027, (US$ Million)

    9.3.3. France

    9.3.3.1. Overview

    9.3.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 – 2027, (US$ Million)

    9.3.4. Germany

    9.3.4.1. Overview

    9.3.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 – 2027, (US$ Million)

    9.3.5. Rest of Europe

    9.3.5.1. Overview

    9.3.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 – 2027, (US$ Million)

    9.4. Asia Pacific (APAC)

    9.4.1. Overview

    9.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 – 2027, (US$ Million)

    9.4.3. China

    9.4.3.1. Overview

    9.4.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 – 2027, (US$ Million)

    9.4.4. India

    9.4.4.1. Overview

    9.4.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 – 2027, (US$ Million)

    9.4.5. Rest of APAC

    9.4.5.1. Overview

    9.4.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 – 2027, (US$ Million)

    9.5. Rest of the World

    9.5.1. Overview

    9.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 – 2027, (US$ Million)

    9.5.3. Latin America

    9.5.3.1. Overview

    9.5.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 – 2027, (US$ Million)

    9.5.4. Middle East and Africa

    9.5.4.1. Overview

    9.5.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 – 2027, (US$ Million)

    10. KEY VENDOR ANALYSIS

    10.1. IDEXX Laboratories

    10.1.1. Company Overview

    10.1.2. SWOT Analysis

    10.1.3. Key Developments

    10.2. VCA, Inc.

    10.2.1. Company Overview

    10.2.2. SWOT Analysis

    10.2.3. Key Developments

    10.3. Greencross Limited

    10.3.1. Company Overview

    10.3.2. SWOT Analysis

    10.3.3. Key Developments

    10.4. Zoetis

    10.4.1. Company Overview

    10.4.2. SWOT Analysis

    10.4.3. Key Developments

    10.5. Neogen Corporation

    10.5.1. Company Overview

    10.5.2. SWOT Analysis

    10.5.3. Key Developments

    *Client can request additional company profiling as per specific requirements

    11. 360 DEGREE ANALYSTVIEW

    12. APPENDIX

    12.1. Research Methodology

    12.2. Abbreviations

    12.3. Disclaimer

    12.4. Contact Us

List Of Tables
in Veterinary Reference Laboratory Market, By Technology (Hematology, Clinical Chemistry, Molecular Diagnostics, and Immunodiagnostics), By Application, By Animal Type and Geography (North America, Europe, Asia Pacific, and RoW) – Analysis, Share, Trends, Size, & Forecast From 2016 – 2027- COVID- 19 Updated

List of Tables

Table 1 List of Acronyms

Table 2 Key Market Facts, 2016 – 2027

Table 3 Market Drivers: Impact Analysis

Table 4 Market Restraint: Impact Analysis

Table 5 Market Opportunity: Impact Analysis

Table 6 PEST Analysis

Table 7 Porter’s Five Forces Analysis

Table 8 Company Market Share Analysis

Table 9 Global Veterinary Reference Laboratory Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 – 2027, (US$ Million)

Table 10 Veterinary Reference Laboratory Market, by Technology, 2016 – 2027 (USD Million)

Table 11 Veterinary Reference Laboratory Market, by Application, 2016 – 2027 (USD Million)

Table 12 Veterinary Reference Laboratory Market, by Animal Type, 2016 – 2027 (USD Million)

Table 13 Veterinary Reference Laboratory Market, by Geography, 2016 – 2027 (USD Million)

Table 14 North America Veterinary Reference Laboratory Market, 2016 – 2027 (USD Million)

Table 15 U.S. Veterinary Reference Laboratory Market, 2016 – 2027 (USD Million)

Table 16 Canada Veterinary Reference Laboratory Market, 2016 – 2027 (USD Million)

Table 17 Europe Veterinary Reference Laboratory Market, 2016 – 2027 (USD Million)

Table 18 France Veterinary Reference Laboratory Market, 2016 – 2027 (USD Million)

Table 19 Germany Veterinary Reference Laboratory Market, 2016 – 2027 (USD Million)

Table 20 Asia Pacific Veterinary Reference Laboratory Market, 2016 – 2027 (USD Million)

Table 21 China Veterinary Reference Laboratory Market, 2016 – 2027 (USD Million)

Table 22 India Veterinary Reference Laboratory Market, 2016 – 2027 (USD Million)

Table 23 Latin America Veterinary Reference Laboratory Market, 2016 – 2027 (USD Million)

Table 24 MEA Veterinary Reference Laboratory Market, 2016 – 2027 (USD Million)

List Of Figures, Charts and Diagrams
in Veterinary Reference Laboratory Market, By Technology (Hematology, Clinical Chemistry, Molecular Diagnostics, and Immunodiagnostics), By Application, By Animal Type and Geography (North America, Europe, Asia Pacific, and RoW) – Analysis, Share, Trends, Size, & Forecast From 2016 – 2027- COVID- 19 Updated

List of Figures

Figure 1 Research Methodology

Figure 2 Research Process Flow Chart

Figure 3 Comparative Analysis, by Geography, 2016-2025 (Value %)

Figure 4 Regulatory Framework Analysis

Figure 5 Value Chain Analysis Analysis

Figure 6 Veterinary Reference Laboratory Market, by Technology, 2016 – 2027 (USD Million)

Figure 7 Veterinary Reference Laboratory Market, by Application, 2016 – 2027 (USD Million)

Figure 8 Veterinary Reference Laboratory Market, by Animal Type, 2016 – 2027 (USD Million)

Figure 9 Veterinary Reference Laboratory Market, by Geography, 2016 – 2027 (USD Million)

Additional Details

Publisher

AnalystView

Publisher Information

AnalystView Market Insights is a market research and consulting firm that adopts a proactive approach to provide the diverse need for accurate and precise market research, custom research, and consulting solutions across geographies and industry verticals. Our company is led by a team of passionate, naturally curious, and strategic thinkers from different industry backgrounds.



These experts are dedicated to creating concrete market data analysis in various industries such as Healthcare, Bulk Chemicals, Semiconductors and Electronics, Foods and Beverages. We strive to develop meaningful and evidence-based research data that helps our clients, empowering organizations and brands of all sizes with strategic analysis, accurate data, and consumer trends.



We aim to be the number one choice for various clients who require credible data to make vital business decisions. We wish to be a trusted and reliable analytics partner to major business organizations.



We understand that critical business decisions can be taken only when verified, authentic information is available. Therefore, our experts work meticulously to provide our clients with the accurate data, so that they need not spend time in verifying it.



It is also our goal to help our clients ignore traditional research methods that require a large amount of capital, manpower, and most important of it all – the time. We know that these factors are precious to a company and always follow the latest research techniques that produce the required result in a short span of time.

Reference

270575 | AV161

Number of Pages

206

Report Format

PDF

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This report is published by AnalystView

AnalystView Market Insights is a market research and consulting firm that adopts a proactive approach to provide the diverse need for accurate and precise market research, custom research, and consulting solutions across geographies and industry verticals. Our company is led by a team of passionate, naturally curious, and strategic thinkers from different industry backgrounds.

These experts are dedicated to creating concrete market data analysis in various industries such as Healthcare, Bulk Chemicals, Semiconductors and Electronics, Foods and Beverages. We strive to develop meaningful and evidence-based research data that helps our clients, empowering organizations and brands of all sizes with strategic analysis, accurate data, and consumer trends.

We aim to be the number one choice for various clients who require credible data to make vital business decisions. We wish to be a trusted and reliable analytics partner to major business organizations.

We understand that critical business decisions can be taken only when verified, authentic information is available. Therefore, our experts work meticulously to provide our clients with the accurate data, so that they need not spend time in verifying it.

It is also our goal to help our clients ignore traditional research methods that require a large amount of capital, manpower, and most important of it all – the time. We know that these factors are precious to a company and always follow the latest research techniques that produce the required result in a short span of time.

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