The Global Veterinary Laboratory Testing Services Market Report by The Business Research Company covers veterinary laboratory testing services market drivers and restraints, veterinary laboratory testing services market size, major players, and the impact of COVID-19 on the veterinary laboratory testing services market.

The veterinary laboratory testing services market consists of sales of laboratory testing services for animals. These services consist of various tests conducted for the diagnosis of infectious agents, toxins, and other causes of diseases in animals. The tests conducted involve chemistry, pathology, serology, haematology, radiography, and endocrinology related assessments.

The veterinary laboratory testing services market is being driven by the rising prevalence of disease epidemics in animals.

The global veterinary laboratory testing services market is expected to grow from $15.75 billion in 2020 to $17.83 billion in 2021 at a compound annual growth rate (CAGR) of 13.2%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $21.47 billion in 2025 at a CAGR of 4.8%.

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Some veterinary laboratory testing services market trends include companies increasingly adopting multiple testing panels. A test panel is a pre-decided group of medical tests to be used in the diagnosis as well as the treatment of the animal disease. The test panels are normally composed of individual laboratory tests which are grouped by specimen type, the methodology used, or by the most frequently requested tests. Multiple test panels offer various advantages such as labor efficiency, automation, and reduced costs, achieved by conducting a large number of tests daily.

Global veterinary laboratory testing services market segments include:

1) By Technology: Clinical Biochemistry, Immunodiagnostics, Hematology, Molecular Diagnostics, Urinalysis, Others.

2) By Animal Type: Pet Animals, Livestock.

3) By End User: Veterinary Hospitals & Clinics, Diagnostic Laboratories, Research Institutes, In-House Testing, Others.

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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The Veterinary Laboratory Testing Services Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides veterinary laboratory testing services market overviews, analyzes and forecasts market size, share, veterinary laboratory testing services market players, veterinary laboratory testing services market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The veterinary laboratory testing services market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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Read Veterinary Laboratory Testing Services Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.

Market Players Covered: ABAXIS, Inc,  IDEXX Laboratories, Inc, Heska Corporation, Pfizer Animal Health, Neogen Corporation, Thermo Fisher Scientific Inc, Zoetis, Inc., IDVet, Virbac, Zoetis, VCA Antech, Inc, Prionics AG, Life Technologies Corporation, Mindray Medical International Ltd., BIOCHECK Inc., Biomérieux SA, Henry Schein, Inc., Qiagen N.V., Randox Laboratories, Ltd., Henry Schein, Biochek, Idexx, Boehringer Ingelheim International GmbH, Sanofi, Mars Incorporated, GD Animal Health, Marshfield Clinic., ProtaTek International, Phoenix Lab.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Veterinary Laboratory Testing Services Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The Veterinary Laboratory Testing Services Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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