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Veterinary Reference Laboratory Market Global Forecasts to 2021

The report Veterinary Reference Laboratory Market by Technology (Clinical Chemistry, Hematology, Immunodiagnostics, Molecular Diagnostics) Application (Pathology, Bacteriology, Virology, Parasitology) Animal (Dog, Cat, Cattle, Pig) – Global Forecast to 2021″ , analyzes and studies the major market drivers, restraints, and opportunities in North America, Europe, Asia-Pacific, and Rest of the World.

The veterinary reference laboratories market witnessed healthy growth during the last decade and is expected to grow at a CAGR of 9.8% between 2016 and 2021 to reach 2.76 Billion by 2021.
Browse 202 market data tables with 36 figures spread through 217 pages and in-depth TOC on “Veterinary Reference Laboratory Market”  

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Industry Insights:

The growth in this market is majorly attributed to factors such as rising animal healthcare expenditure, rising pet adoption, increasing demand for pet insurance, growing demand for animal-derived food products, increasing number of veterinary practitioners and their growing income levels in developed regions, and rising awareness about zoonotic diseases.

In this report, the veterinary reference laboratory market is segmented on the basis of technology, application, animal type, and region. On the basis of technology, the market is segmented into clinical chemistry, hematology, immunodiagnostics, and molecular diagnostics. The clinical chemistry accounted for the largest share of the global veterinary reference laboratory market in 2015 owing to its wide utilization by the reference laboratories for the diagnosis and monitoring of disease conditions in animals.

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 Geographical Scenario: 
Geographically, the global veterinary reference laboratory market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. In 2015, North America commanded a major share of the market. However, Asia-Pacific is expected to witness the highest growth rate during the forecast period. Growth in the Asia-Pacific market can be attributed to rising companion animal population, increase in the demand for animal-derived food products and increasing adoption of diagnostic products and services for diagnosis and treatment of animals.

Scope of the Report:
This report categorizes the veterinary reference laboratory market market into the following segments:
  • Global Veterinary Reference Laboratory Market, by Technology
  • Global Veterinary Reference Laboratory Market, by Application
  • Global Veterinary Reference Laboratory Market, by type of Animal
  • Global Veterinary Reference Laboratory Market, by Region
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Target Audience:
  • Veterinary Reference Laboratory
  • Veterinary hospitals and clinics
  • Animal Health Research and Development (R&D) Companies
  • Government Associations
  • Market Research and Consulting Firms
  • Venture Capitalists and Investors
Industry Leaders:
The market players, namely, IDEXX Laboratories, (U.S.), VCA, Inc. (U.S.), and GD Animal Health (Netherlands) held the major share of the veterinary reference laboratories market and will continue to dominate the market between 2016 and 2021.

Some of the other players operating in this market are National Veterinary Services Laboratory (U.S.), Animal and Plant Health Agency (DEFRA APHA Scientific) (U.K.), Animal Health Diagnostic Center (Cornell University) (U.S.), Greencross Limited (Australia), Gribbles Veterinary Pathology (Australia), Phoenix Central Laboratory for Veterinarians, Inc. (U.S.), Zoetis, Inc. (U.S.), Neogen Corporation (U.S.), ProtaTek Internationals Inc. (U.S.), Wisconsin Veterinary Diagnostic Laboratory (U.S.), and Washington State University Veterinary Clinical Pathology Laboratory (U.S.).

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Article Credit:  https://healthcaredc.wordpress.com/2017/10/03/veterinary-reference-laboratory-market-global-forecasts-to-2021/

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