(MENAFN Editorial) Global Veterinary Reference Laboratory Market accounted to USD 1.81 Billion in 2016 growing at a CAGR of 10.1% during the forecast period of 2017 to 2024.
' Global Veterinary Reference Laboratory Market - Industry Trends and Forecast to 2025 Worldwide Industry Size, Offer and trends analysis during Period. Veterinary Reference Laboratory Market report is a thoughtful analysis of the market presenting the propelled situation in the market and additionally plots that guide in its expansion in the coming years. The Veterinary Reference Laboratory report assesses a few elements are deciding the market development and additionally the volume of the entire Veterinary Reference Laboratory market. The statement expresses the vendor's landscape of the market together with the profiles of the leading market players. The most significant players in the Veterinary Reference Laboratory market are likewise discussed in the report.
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Global Veterinary Reference Laboratory Market accounted to USD 1.81 Billion in 2016 growing at a CAGR of 10.1% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
The Veterinary Reference Laboratory report says the competitive scene of this industry along using all the profiles of a few of those top market players. The most crucial players at the Veterinary Reference Laboratory market are discussed within the accounts.
Global Veterinary Reference Laboratory Market By Application (Clinical Chemistry, Hematology, Immunodiagnostics, Molecular Diagnostics), By Application (Clinical Pathology, Bacteriology, Parasitology, Virology, Productivity Testing, Pregnancy Testing, Toxicology), By Type of Animal (Companion Animals, Food-Producing Animals), By End User (Veterinary Hospitals, Veterinary Clinics), By Geography Industry Trends and Forecast to 2024
Competitive Analysis:Global Veterinary Reference Laboratory Market
The veterinary reference laboratory market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of veterinary reference laboratory market for global, Europe, North America, Asia Pacific and South America.
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Major Market Competitors:Global Veterinary Reference Laboratory Market
C.H. Boehringer Sohn AG & Ko. KG, Sanofi S.A., IDEXX Laboratories, Inc., Mars, Incorporated, Stichting Beheer Gezondheidsdienst Voor Dieren, Zoetis, NEOGEN CORPORATION, Cornell University College of Veterinary Medicine, Animal and Plant Health Agency, Phoenix Lab, ProtaTek International, SHV, Marshfield Clinic, Virbac, USDA, Greencross Limited, Gribbles Veterinary, Wisconsin Veterinary Diagnostic Laboratory WSU Veterinary Clinical Pathology Laboratory Among others.
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Major Market Drivers and Restraints:
Increasing frequency of zoonotic diseases. Increasing awareness about animal healthcare
Increase in number of veterinary practitioners Growth in animal derived product demand
Increased animal livestock Rise in the price of pet care
Market Segmentation:Global Veterinary Reference Laboratory Market
The global veterinary reference laboratory market is segmented by application into clinical chemistry, hematology, immunodiagnostics and molecular diagnostics. Immunodiagnostics is further sub segmented into Elisa tests, lateral flow rapid tests and others. Molecular Diagnostics is further segmented into polymerase chain reaction (PCR) tests, microarrays and others. On the basis of application the market is segmented into clinical pathology, bacteriology, parasitology, virology, productivity testing, pregnancy testing and toxicology.
By type of animal the market is segmented into companion animals and food-producing animals. Companion animals are further sub segmented into dogs, cats, horses and others. Food-producing animals are further sub segmented into cattle, pigs, poultry, sheep and goats and others. By end user the market is further segmented into veterinary hospitals and veterinary clinics.
On the basis of geography, veterinary reference laboratory market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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