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Market Overview of Global Veterinary Reference Laboratory market:
According to our latest research, the global Veterinary Reference Laboratory market looks promising in the next 5 years. As of 2022, the global Veterinary Reference Laboratory market was estimated at USD XX million, and it's anticipated to reach USD XX million in 2028, with a CAGR of XX% during the forecast years.
The veterinary reference laboratory is an important link in the prevention and control of animal diseases. Mainly undertake basic research and applied research on animal disease prevention and control, and solve major and key technical problems in animal disease prevention and control. Research on technologies for the diagnosis, prevention, control and extermination of animal diseases. Entrusted by the Veterinary Bureau of the Ministry of Agriculture to calibrate the diagnosis and monitoring of animal diseases prescribed by the veterinary laboratory. Collect, sort out, and analyze the epidemiological information of prescribed animal diseases, and report to the Veterinary Bureau of the Ministry of Agriculture in a timely manner, etc.
The Veterinary Reference Laboratory industry can be broken down into several segments, Dogs, Cats, etc. Across the world, the major players cover IDEXX Laboratories, Inc., VCA, Inc., etc.
Veterinary Reference Laboratory Trends Analysis
As the basis of the veterinary work, the veterinary reference laboratory is responsible for the detection, diagnosis and immune surveillance of animal diseases. There is a need to improve the detection and diagnostic skills of the VRL. This is inextricably linked to quality talent. There is a need to improve the system, to strengthen the team building of the technical staff of the VRL in the process of hardware equipment and software systems. Improve the efficiency and quality of veterinary laboratory testing and diagnostics.
The veterinary reference laboratory is the place for the detection and diagnosis of animal pathogens, so a large number of pathogenic microorganisms must be present. The government and relevant departments will strengthen their attention to biosecurity to prevent the spread and infection of pathogens.
Company Overview:
IDEXX Laboratories, Inc., Boehringer Ingelheim, Animal and Plant Health Agency, Laboklin GmbH and GD Animal Health are the five key players in the global Veterinary Reference Laboratory market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Veterinary Reference Laboratory market in the past 5 years.
IDEXX Laboratories, Inc. revised its employee stock purchase plan at the end of 2020. Therefore, starting from 2021, employee participants will be able to use the salary deductions under the plan to purchase nominal fractional shares at a discount to market prices, not just the whole share.
Boehringer Ingelheim has developed a series of animal health products, including pig, cattle/ruminant animal products, poultry and livestock products, veterinary public health (VPH) products, horse companion animal products, pet companion animal products.
Segmentation Overview:
Among different product types, Dogs segment is anticipated to contribute the largest market share in 2028.
Application Overview:
By application, the Clinical Pathology segment occupied the biggest share from 2018 to 2022.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Veterinary Reference Laboratory market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Veterinary Reference Laboratory Market Report:
Market Size Estimates: Veterinary Reference Laboratory market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Veterinary Reference Laboratory market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Veterinary Reference Laboratory market
Segment Market Analysis: Veterinary Reference Laboratory market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Veterinary Reference Laboratory market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Veterinary Reference Laboratory Market: Revenue and sales volume of major countries in each region
Veterinary Reference Laboratory Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Veterinary Reference Laboratory market in major regions.
Veterinary Reference Laboratory Industry Value Chain: Veterinary Reference Laboratory market raw materials & suppliers, manufacturing process, distributors, downstream customers
Veterinary Reference Laboratory Industry News, Policies & Regulations
Key players in the global Veterinary Reference Laboratory market are covered in Chapter 12:
Laboklin GmbH
Neogen Corporation
IDEXX Laboratories, Inc.
Axiom
Boehringer Ingelheim
GD Animal Health
Zoetis, Inc.
Synlab International GmbH
Animal and Plant Health Agency
In Chapter 2 and Chapter 15.1, based on types, the Veterinary Reference Laboratory market from 2018 to 2028 is primarily split into:
Dogs
Cats
Horses
Cattle
Pigs
Poultry
In Chapter 3 and Chapter 15.2, based on applications, the Veterinary Reference Laboratory market from 2018 to 2028 covers:
Clinical Pathology
Bacteriology
Virology
Parasitology
Productivity Testing
Pregnancy Testing
Toxicology Testing
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Veterinary Reference Laboratory market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028