How the Veterinary Laboratory Testing Services Market Will Grow: Key Trends, Market Size, and Opportunities Beyond 2025
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Drivers Are Shaping the Growth and Development of theVeterinary Laboratory Testing Services Market?
The rise in disease epidemics among animals is fuelling the demand for veterinary laboratory testing services in the market. A surge in the number of lab tests is being noted, for example, as cattle are contracting numerous types of pathogens. Furthermore, global livestock is increasingly susceptible to diseases brought on by pathogens and viruses. Foodborne diseases worldwide are often caused by Salmonella and Campylobacter, the two most prevalent zoonotic pathogens found in animal intestinal tracts, including chickens, swine and cattle. These diseases pose a potential threat as they transmit through the food chain to humans. Consequently, initiatives to prevent these animal infections are propelling the veterinary laboratory testing market. The FoodNet system operated by the Centre for Disease Control and Prevention, USA, recorded 24,484 foodborne illnesses, 5,677 hospitalizations, and 122 deaths. The organisms causing bacterial gastroenteritis – a digestive issue, namely Campylobacter, Salmonella, and Shigella, had the highest incidences per 100,000 individuals in the USA.
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#What is the Projected CAGR for the Veterinary Laboratory Testing Services Market Size from 2025 to 2034?
In the past few years, there has been a robust growth in the market size for veterinary laboratory testing services. The market, which was valued at $78.2 billion in 2024, is projected to rise to approximately $84.43 billion in 2025, representing a compound annual growth rate (CAGR) of 8.0%. This substantial growth during the historical period can be attributed to factors such as increased disposable incomes, a surge in pet ownership, a hike in mergers and acquisitions activities, augmented investment in animal healthcare, a rise in expenditure on pets, and a growing population of companion animals.
Expectations are high for the veterinary laboratory testing services market to experience robust expansion in the coming years. The market is projected to reach $111.58 billion by 2029, growing at a compound annual growth rate (CAGR) of 7.2%. The projected growth in the forecast period can be credited to the rising popularity of pet insurance, a ballooning urban populace, increasing consciousness about pet health, and the introduction of state-of-the-art rapid tests and portable devices for point-of-care testing. Significant trends for the forecast period encompass the adoption of multiple testing panels, the application of artificial intelligence (AI), the introduction of new pathogen PCR (polymerase chain reaction) tests, a concentration on alliances and partnerships, and the roll-out of fresh and groundbreaking products.
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Which Cutting-Edge Market Trends Are Expected to Drive theVeterinary Laboratory Testing Services Market’s Growth?
An increase in the adoption of multiple testing panels is being witnessed among companies delivering veterinary laboratory testing services. Essentially, a test panel is a predetermined set of medical examinations used in detecting and treating animal diseases. The composition of these panels is typically based on individual lab tests, which are grouped according to specimen type, preferred methodology, or the most commonly requested tests. Multi-test panels have several advantages including improved labor efficiency, automation, and cost-effectiveness, derived from carrying out a large number of tests daily. For instance, Abaxis Inc. employs various single-use test panels, which are specifically crafted to examine multiple conditions. Only 3 to 4 drops of blood are necessary to provide up to 14 accurate results.
What Are the Leading Market Players Impacting theVeterinary Laboratory Testing Services Market’s Growth Trend?
Major companies operating in the veterinary laboratory testing services market include IDEXX Laboratories, Mars Incorporated, Zoetis Inc, CVS Group PLC, Heska Corporation, Gribbles Veterinary, Neogen Corporation, GD Animal Health, Greencross Limited, ProtaTek International, Inc, Vetserv India, Pathvets, VETLAB, MSD Animal Health (Merck), Boehringer Ingelheim, Bayer Healthcare, Vetoquinol SA, Ceva Sante Animale, Frantz Cappe, Clinique Veterinaire Metivet, Alizee Vet Clinic, Cristina Cardone, Abbey House Veterinary Hospital, Aberdeen Veterinary Referrals, Abington Park Vets, Acorn House Veterinary Hospital, Alma Veterinary Hospital, Anderson Moores Veterinary Specialists, Animal Trust Vets CIC Bolton, Animed Veterinary Hospital & Equine Unit, Draminski, Agnieszka Jakubowska Equi Serwis Gabinet Weterynaryjny, BHH MIKROMED SP. Z O.O, BWF Technologies Sp. Z O.O, Bioticapharma, Veterinary Purchasing Company Limited, Associated Vet Purchasing, Acell, Addison Biological Laboratory Inc, Colorado Serum Company, Elanco Animal Health, Icare Tonovet, Kindred Biosciences, Merck Animal Health, Norbrook Inc, J.A Saude Animal, Eurofins Sao Paulo Brazil, Vaxxinova, Gulf Veterinary Services Company, Mansour Al Mosaid Group, Karaman Veterinary Medicines Co LLC, IFT ANIMAL HEALTH LLC, Bupo Animal Health, Virbac SA, Animal Care Services Konsult Nigeria Ltd, Egavet, Al Walaa Co, Alliance Pharma EG, Cowtribe
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How Are the Key Segments of the Veterinary Laboratory Testing Services Market Driving Opportunities and Innovations?
The veterinary laboratory testing services market covered in this report is segmented –
1) By Technology: Clinical Biochemistry, Immunodiagnostics, Hematology, Molecular Diagnostics, Other Technologies
2) By Animal Type: Companion Animals, Livestock
3) By End User: Veterinary Hospitals And Clinics, Diagnostic Laboratories, Research Institutes, In-House Testing, Other End-Users
Subsegments:
1) By Clinical Biochemistry: Blood Chemistry Analysis, Urinalysis, Electrolyte Analysis, Glucose Monitoring, Immunodiagnostics
2) By Immunodiagnostics: Enzyme-Linked Immunosorbent Assay (ELISA), Lateral Flow Assays (LFA), Radioimmunoassay, Rapid Tests
3) By Hematology: Complete Blood Count (CBC), Blood Smear Examination, Coagulation Tests, Hemoglobin Analysis
4) By Molecular Diagnostics: Polymerase Chain Reaction (PCR), Nucleic Acid Sequencing, Microarrays, Hybridization
5) By Other Technologies: Cytology, Microbiology, Urinalysis
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What Regions Are At the Forefront of #What Drivers Are Shaping the Growth and Development of theVeterinary Laboratory Testing Services Market?# Market Expansion?
North America was the largest region in the veterinary laboratory testing market in 2024. Asia-Pacific was the second-largest region in the global veterinary laboratory testing market report. The regions covered in the veterinary laboratory testing services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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