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According to The Business Research Company’s Veterinary Laboratory Testing Services Global Market Report 2023, the global veterinary laboratory testing services market is set to expand from $23.39 billion in 2022 to $25.75 billion in 2023, demonstrating a compound annual growth rate (CAGR) of 10.1%. Further projections indicate that the market size will reach $36.19 billion by 2027, maintaining a CAGR of 8.9%.

The term “veterinary services” encompasses a range of tests conducted for diagnosing infectious agents, toxins, and other causative factors of diseases in animals.

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Driver for the Veterinary Laboratory Testing Services Market
The rise in disease epidemics among animals fuels the growth of the veterinary laboratory testing services market. For instance, a broad spectrum of pathogens is infecting cattle, resulting in an upsurge in laboratory tests conducted for cattle. Furthermore, global livestock is increasingly vulnerable to infectious diseases caused by pathogens and viruses. Notably, Salmonella and Campylobacter, two prevalent zoonotic pathogens present in animals like chickens, swine, and cattle, are significant contributors to worldwide foodborne illnesses. The transmission of these diseases to humans through the food chain poses a substantial threat. Consequently, efforts to mitigate these animal infections are propelling the demand for veterinary laboratory testing services.

Trends in the Veterinary Laboratory Testing Services Market
Companies within the veterinary laboratory testing services sector are adopting multiple testing panels. For example, Abaxis Inc. utilizes several single-use test panels designed to address various conditions, requiring only a few drops of blood to yield up to 14 precise results.

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Major Players and Regional Insights in the Veterinary Laboratory Testing Services Market
Key participants in the veterinary laboratory testing market include ABAXIS, Inc., IDEXX Laboratories, Inc., Heska Corporation, Pfizer Animal Health, Neogen Corporation, Thermo Fisher Scientific Inc., Zoetis, Inc., IDVet, Virbac, VCA Antech, Inc., and Prionics AG.

North America held the lead in the veterinary laboratory testing market in 2022.

Veterinary Laboratory Testing Services Market Segmentation By The Business Research Company
1) By Technology: Clinical Biochemistry, Immunodiagnostics, Hematology, Molecular Diagnostics, Urinalysis, Other Technologies
2) By Animal Type: Pet Animals, Livestock
3) By End User: Veterinary Hospitals And Clinics, Diagnostic Laboratories, Research Institutes, In-House Testing, Other End Users

The Table Of Content For The Veterinary Laboratory Testing Services Market Include:
1. Veterinary Laboratory Testing Services Market Executive Summary
2. Veterinary Laboratory Testing Services Market Segments
3. Veterinary Laboratory Testing Services Market Size And Veterinary Laboratory Testing Services Market Growth Rate
4. Key Veterinary Laboratory Testing Services Market Trends
5. Major Veterinary Laboratory Testing Services Market Drivers
……
25. Key Mergers And Acquisitions In The Veterinary Laboratory Testing Services Market
26. Top Veterinary Laboratory Testing Services Companies
27. Veterinary Laboratory Testing Services Market Opportunities And Strategies
28. Veterinary Laboratory Testing Services Market, Conclusions And Recommendations
29. Appendix

The Veterinary Laboratory Testing Services Market Global Market Report 2023 encompasses regional insights, key drivers, opportunities, and strategies for the seven major regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The report presents market size and forecast market shares for all regions and countries, considering the leading players in the veterinary laboratory testing services market.

View More Reports Related To The Market –
Veterinary Healthcare Global Market Report 2023
Veterinary Anesthesia Equipment Global Market Report 2023
Veterinary Pharmaceuticals Global Market Report 2023

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