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Veterinary Reference Laboratory (VRL) Market, by Technology (Clinical Chemistry, Hematology, Immunodiagnostics, Molecular Diagnostics, Others), Application (Clinical Pathology, Toxicology, Productivity Testing, Others), Animal Type (Production Animals, Companion Animals) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022

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In recent years, there is a significant rise in the number of livestock and companion animals. As the number of zoonotic animals is increasing, there is a need for efficient veterinary facilities and animal healthcare management to treat the potential zoonotic diseases and its impact on the society. The zoonotic diseases are usually either, bacterial, or viral, or sometimes even parasitic. To study the nature of the disease, advanced diagnostic centers are essential. The developed economies have better veterinary health facilities that enable efficient diagnostics centers and laboratory services to help researchers in developing effective therapeutics. This report studies the current and future aspects of the veterinary reference laboratory market.

The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the veterinary reference laboratory (VRL) market. The scope of this report covers the veterinary reference laboratory (VRL) market by its major segments, which include the types, applications, and the major geographic regions.

KEY BENEFITS OF THE REPORT

  • In-depth analysis of the market ecosystem and its impact on the revenue growth
  • Understanding of the strategies that are being adopted by the key players in this market to stay competitive
  • Valuable insights into the key technological and market trends impacting this market

KEY PREMIUM INDUSTRY INSIGHTS

  • The veterinary reference laboratory market is growing at a rapid pace during the forecasted period because of rise in demand for animal healthcare and monitoring services across the world. The increase in zoonotic animals is also driving the market growth as most of the zoonotic diseases affect the human health as well.
  • There is an increase in awareness among people about the zoonotic diseases caused and its effects, because of which there is a high investment made to maintain animal health. The veterinary reference laboratory market is growing significantly due to adoption of veterinary diagnostics facilities and stringent government policies for livestock health.
  • Economically developed countries are making huge investments into animal healthcare research and development activities for evolving better therapeutic options. Due to advancement in technology, laboratories now offer veterinary software that are more efficient in disease diagnosis which is boosting the market growth further. However, sudden disease outbreaks is hampering the growth of the veterinary reference laboratory market.

The global veterinary reference laboratory market is divided into four major geographical segments which are North America, Europe, Asia-Pacific, and Rest of the world. The North America region holds the highest market share and is the largest revenue contributor of the veterinary reference laboratory market. The region continues to dominate the global market due to presence of major key market players, and advanced healthcare infrastructure. In addition, there is high expenditure done on animal healthcare which is promoting the veterinary reference laboratory market growth. The global veterinary reference laboratory market is growing at a rapid pace during the forecasted period because of increase in number of reported veterinary diseases and veterinary healthcare organizations. Next in line is the Asia-Pacific region which is witnessing a rapid market growth due to rise in economic stability for animal healthcare expenditure in countries like India and China.

RESEARCH METHODOLOGY

The research methodology for Scalar Market Research’s veterinary reference laboratory (VRL) market report utilizes a combination of top-down and bottom-up research formats. Our primary focus on continuous market tracking, rigorous fact-checking, data-triangulation, and multiple layers of quality control ensures high-quality data that can be leveraged for actionable research insights.

To know about the assumptions considered for the study, Download PDF Sample.

MARKET SEGMENTATION

This report analyzes the veterinary reference laboratory (VRL) market by the following segments:

  • Veterinary Reference Laboratory (VRL) Market, by Technology
    • Clinical Chemistry
    • Hematology
    • Immunodiagnostics
    • Molecular Diagnostics
    • Others
  • Veterinary Reference Laboratory (VRL) Market, by Application
    • Clinical Pathology
    • Toxicology
    • Productivity Testing
    • Others
  • Veterinary Reference Laboratory (VRL) Market, by Animal Type
    • Production Animals
    • Companion Animals

KEY MARKET PLAYERS

Key players in the veterinary reference laboratory (VRL) market include:

  • IDEXX Laboratories, Inc.
  • VCA, Inc.
  • GD Animal Health
  • Boehringer Ingelheim GmbH
  • Sanofi S.A.
  • Zoetis, Inc.
  • Nutreco N.V.
  • Virbac

GEOGRAPHIC COVERAGE AND ANALYSIS

This granular market research report covers the following geographic regions in great detail:

  • NORTH AMERICA
    • U.S.
    • Rest of North America
  • EUROPE
    • France
    • Germany
    • U.K
    • Rest of Europe
  • ASIA-PACIFIC
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • REST OF THE WORLD
    • Latin America
    • Middle East & Africa

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  1. MARKET OVERVIEW
    1. Market Definitions
    2. Research Methodology
    3. Market Segmentation
  2. EXECUTIVE SUMMARY
  3. MARKET DYNAMICS
    1. Drivers
    2. Restraints
    3. Opportunities
    4. Premium Industry Trends
  4. INDUSTRY ANALYSIS
    1. Value Chain Analysis
  5. VETERINARY REFERENCE LABORATORY (VRL) MARKET, BY TECHNOLOGY
    1. Segment Share
    2. By Technology
      1. Clinical Chemistry
      2. Hematology
      3. Immunodiagnostics
      4. Molecular Diagnostics
      5. Others
  6. VETERINARY REFERENCE LABORATORY (VRL) MARKET, BY APPLICATION
    1. Segment Share
    2. By Application
      1. Clinical Pathology
      2. Toxicology
      3. Productivity Testing
      4. Others
  7. VETERINARY REFERENCE LABORATORY (VRL) MARKET, BY ANIMAL TYPE
    1. Segment Share
    2. By Animal Type
      1. Production Animals
      2. Companion Animals
  8. VETERINARY REFERENCE LABORATORY (VRL) MARKET, BY GEOGRAPHY
    1. Segment Share
    2. North America
      1. By Regions
        1. U.S.
        2. Rest of North America
      2. By Technology
      3. By Application
      4. By Animal Type
    3. Europe
      1. By Regions
        1. France
        2. Germany
        3. U.K.
        4. Rest of Europe
      2. By Technology
      3. By Application
      4. By Animal Type
    4. Asia-Pacific
      1. By Regions
        1. China
        2. India
        3. Japan
        4. Rest of Asia-Pacific
      2. By Technology
      3. By Application
      4. By Animal Type
    5. Rest of the World
      1. By Regions
        1. Latin America
        2. Middle East & Africa
      2. By Technology
      3. By Application
      4. By Animal Type
  9. COMPETITIVE LANDSCAPE
    1. Market Positioning of Key Players, 2016
  10. KEY MARKET PLAYERS
    1. IDEXX Laboratories, Inc.
      1. Overview
      2. Key Strategies
      3. Key Developments
    2. VCA, Inc.
      1. Overview
      2. Key Strategies
      3. Key Developments
    3. GD Animal Health
      1. Overview
      2. Key Strategies
      3. Key Developments
    4. Boehringer Ingelheim GmbH
      1. Overview
      2. Key Strategies
      3. Key Developments
    5. Sanofi S.A.
      1. Overview
      2. Key Strategies
      3. Key Developments
    6. Zoetis, Inc.
      1. Overview
      2. Key Strategies
      3. Key Developments
    7. Nutreco N.V.
      1. Overview
      2. Key Strategies
      3. Key Developments
    8. Virbac
      1. Overview
      2. Key Strategies
      3. Key Developments
  11. SCALAR 360 DEGREE MARKET PERSPECTIVE
  12. APPENDIX
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