Table of Content

"1    INTRODUCTION    30
1.1    OBJECTIVES OF THE STUDY    30
1.2    MARKET DEFINITION    31
1.2.1    INCLUSIONS AND EXCLUSIONS    31
1.3    MARKET SCOPE    31
1.3.1    MARKETS COVERED    32
FIGURE 1    VETERINARY REFERENCE LABORATORY MARKET SEGMENTATION    32
FIGURE 2    VETERINARY REFERENCE LABORATORY MARKET, BY REGION    32
1.4    YEARS CONSIDERED FOR THE STUDY    33
1.5    CURRENCY    33
TABLE 1    STANDARD CURRENCY CONVERSION RATES    33
1.6    LIMITATIONS    34
1.7    STAKEHOLDERS    34
1.8    SUMMARY OF CHANGES    34
2    RESEARCH METHODOLOGY    36
2.1    RESEARCH DATA    36
FIGURE 3    RESEARCH DESIGN    36
2.1.1    SECONDARY DATA    37
2.1.1.1    Key data from secondary sources    38
2.1.2    PRIMARY DATA    38
FIGURE 4    PRIMARY SOURCES    38
2.1.2.1    Key data from primary sources    39
2.1.2.2    Key industry insights    40
FIGURE 5    BREAKDOWN OF PRIMARY INTERVIEWS: SUPPLY-SIDE AND DEMAND-SIDE PARTICIPANTS    40
FIGURE 6    BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION    41
2.2    MARKET SIZE ESTIMATION    41
FIGURE 7    MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS    42
FIGURE 8    REVENUE SHARE ANALYSIS ILLUSTRATION: IDEXX LABORATORIES    42
FIGURE 9    SUPPLY-SIDE MARKET SIZE ESTIMATION: VETERINARY REFERENCE LABORATORY MARKET (2020)    43
FIGURE 10    TOP-DOWN APPROACH    44
FIGURE 11    DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN THE VETERINARY REFERENCE LABORATORY MARKET (2021–2026): IMPACT ON MARKET GROWTH & CAGR    45
FIGURE 12    CAGR PROJECTIONS    45
2.3    MARKET BREAKDOWN & DATA TRIANGULATION    47
FIGURE 13    MARKET DATA TRIANGULATION METHODOLOGY    47
2.4    MARKET SHARE ESTIMATION    48
2.5    ASSUMPTIONS FOR THE STUDY    48
3    EXECUTIVE SUMMARY    50
FIGURE 14    VETERINARY REFERENCE LABORATORY MARKET, BY SERVICE TYPE,
2021 VS. 2026 (USD MILLION)    50
FIGURE 15    VETERINARY REFERENCE LABORATORY MARKET, BY ANIMAL TYPE,
2021 VS. 2026 (USD MILLION)    51
FIGURE 16    VETERINARY REFERENCE LABORATORY MARKET, BY APPLICATION,
2021 VS. 2026 (USD MILLION)    51
FIGURE 17    GEOGRAPHICAL SNAPSHOT OF THE VETERINARY REFERENCE LABORATORY MARKET    52
4    PREMIUM INSIGHTS    54
4.1    VETERINARY REFERENCE LABORATORY MARKET OVERVIEW    54
FIGURE 18    GROWING COMPANION ANIMAL POPULATION TO DRIVE MARKET GROWTH DURING THE FORECAST PERIOD    54
4.2    ASIA PACIFIC: VETERINARY REFERENCE LABORATORY MARKET, BY SERVICE TYPE & COUNTRY (2020)    55
FIGURE 19    IMMUNODIAGNOSTICS ACCOUNTED FOR THE LARGEST SHARE OF THE APAC VETERINARY REFERENCE LABORATORY MARKET IN 2020    55
4.3    VETERINARY REFERENCE LABORATORY MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES    56
FIGURE 20    CHINA TO REGISTER THE HIGHEST GROWTH IN THE VETERINARY REFERENCE LABORATORY MARKET DURING THE FORECAST PERIOD    56
4.4    VETERINARY REFERENCE LABORATORY MARKET: REGIONAL MIX    56
FIGURE 21    NORTH AMERICA WILL CONTINUE TO DOMINATE THE MARKET IN 2026    56
5    MARKET OVERVIEW    57
5.1    INTRODUCTION    57
5.2    MARKET DYNAMICS    57
FIGURE 22    VETERINARY REFERENCE LABORATORY MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES    57
5.2.1    DRIVERS    58
5.2.1.1    Growth in the companion animal population    58
FIGURE 23    PET POPULATION & PET OWNERSHIP, 2017 VS. 2018 VS. 2019    58
5.2.1.2    Growing demand for pet insurance and increasing pet care expenditure    59
FIGURE 24    US: PET INDUSTRY EXPENDITURE    59
TABLE 2    NORTH AMERICA: PET HEALTH INSURANCE MARKET,
2012–2018 (USD MILLION)    59
5.2.1.3    Increasing number of veterinary practitioners in developed economies    60
FIGURE 25    NORTH AMERICA: NUMBER OF VETERINARY PRACTITIONERS    60
FIGURE 26    EUROPE: NUMBER OF VETERINARY PRACTITIONERS    60
5.2.1.4    Increasing demand for animal-derived food products    61
TABLE 3    PAST AND PROJECTED TRENDS IN THE CONSUMPTION OF MEAT AND MILK IN DEVELOPED AND DEVELOPING REGIONS    61
FIGURE 27    ASIA: COUNTRY-LEVEL CONSUMPTION OF ANIMAL-DERIVED FOOD PRODUCTS, 2020 VS. 2030 (THOUSAND METRIC TONS)    62
FIGURE 28    ASIA: COUNTRY-LEVEL PRODUCTION OF ANIMAL-DERIVED FOOD PRODUCTS, 2020 VS. 2030 (THOUSAND METRIC TONS)    62
5.2.1.5    Increasing incidence of transboundary and zoonotic diseases    62
5.2.2    RESTRAINTS    63
5.2.2.1    Increasing pet care costs    63
FIGURE 29    ANNUAL ROUTINE VETERINARY VISIT EXPENDITURE: DOGS & CATS    63
5.2.2.2    Growing demand for rapid tests, POC testing, and portable instruments    64
5.2.3    OPPORTUNITIES    64
5.2.3.1    Untapped emerging markets    64
5.2.3.2    Public-private partnerships in veterinary health    64
5.2.3.3    Increased use of PCR testing panels to rule out COVID-19 in animals    65
5.2.4    CHALLENGES    65
5.2.4.1    Low awareness in emerging markets    65
5.2.4.2    Shortage of veterinarians in emerging markets    65
FIGURE 30    NUMBER OF VETERINARY PROFESSIONALS, BY COUNTRY (2016 VS. 2018)    66
5.2.4.3    Weak functional and infrastructural capacities    66
6    INDUSTRY INSIGHTS    67
6.1    TECHNOLOGY ANALYSIS    67
6.1.1    DEVELOPMENT OF PORTABLE INSTRUMENTS FOR POC DIAGNOSTIC SERVICES    67
TABLE 4    LAUNCH OF POINT-OF-CARE PORTABLE VETERINARY DIAGNOSTIC TESTS    67
6.1.2    DEVELOPMENT OF RAPID AND SENSITIVE VETERINARY LABORATORY TESTS    67
6.2    INDUSTRY TRENDS    68
6.2.1    ADOPTION OF MULTIPLE TESTING PANELS    68
TABLE 5    MULTIPLE TESTING PANELS VS. SINGLE TESTING PANELS    68
6.2.2    OUTSOURCING OF VETERINARY DIAGNOSTIC TESTING SERVICES    68
6.2.3    INNOVATION IN DIAGNOSTIC PRODUCTS FOR QUALITY SERVICE IMPLEMENTATION    69
6.3    DISEASE TRENDS    69
6.3.1    LIVESTOCK ANIMALS    69
6.3.1.1    Avian influenza (AI)    69
6.3.1.2    African swine fever (ASF)    69
6.3.1.3    Bovine babesiosis (BB)    70
6.3.1.4    Peste des petits ruminants (PPR)    70
6.3.1.5    West Nile virus (WNV)    70

6.3.2    COMPANION ANIMALS    70
6.3.2.1    Zoonotic diseases    70
TABLE 6    COMMON ZOONOTIC DISEASES SPREAD BY COMPANION ANIMALS ACROSS THE GLOBE    70
6.3.2.2    Obesity & diabetes    71
6.4    REGULATORY ANALYSIS    72
6.5    PRICING ANALYSIS    72
TABLE 7    PRICING ANALYSIS, 2019 (USD)    72
6.6    ECOSYSTEM MAPPING    73
FIGURE 31    VETERINARY REFERENCE LABORATORY MARKET: ECOSYSTEM MARKET MAP    74
6.7    PATENT ANALYSIS    74
6.7.1    PATENT PUBLICATION TRENDS FOR VETERINARY REFERENCE LABORATORIES    74
FIGURE 32    GLOBAL PATENT PUBLICATION TRENDS IN THE VETERINARY REFERENCE LABORATORY MARKET, 2015–2020    75
6.8    IMPACT OF THE COVID-19 PANDEMIC ON THE VETERINARY REFERENCE LABORATORY MARKET    75
TABLE 8    GLOBAL SNAPSHOT OF THE REPORTED CASES OF NATURALLY
ACQUIRED SARS-COV-2 (COVID-19) INFECTIONS IN ANIMALS    75
FIGURE 33    MONTHLY VETERINARY PRACTICE ACTIVITY, BY REGION, JANUARY–JUNE 2020    76
7    VETERINARY REFERENCE LABORATORY MARKET, BY SERVICE TYPE    77
7.1    INTRODUCTION    78
TABLE 9    VETERINARY REFERENCE LABORATORY MARKET, BY SERVICE TYPE, 2019–2026 (USD MILLION)    78
7.1.1    IMPACT OF COVID-19 ON THE TYPE OF TECHNOLOGIES USED    78
7.2    CLINICAL CHEMISTRY    78
7.2.1    INCREASING PET HEALTHCARE EXPENDITURE AND THE RISING NUMBER OF SCREENING TESTS PERFORMED TO DRIVE MARKET GROWTH    78
TABLE 10    VETERINARY REFERENCE LABORATORY MARKET FOR CLINICAL CHEMISTRY, BY COUNTRY, 2019–2026 (USD MILLION)    79
7.3    HEMATOLOGY    80
7.3.1    HEMATOLOGY SERVICES ARE USED TO MEASURE BLOOD CELL COUNT AND COAGULATION TIME OF BLOOD IN ANIMALS    80
TABLE 11    VETERINARY REFERENCE LABORATORY MARKET FOR HEMATOLOGY,
BY COUNTRY, 2019–2026 (USD MILLION)    80
7.4    IMMUNODIAGNOSTICS    81
7.4.1    LOW COST AND PROCEDURAL COMPLEXITY ARE DRIVING THE GROWTH OF THIS SEGMENT    81
TABLE 12    VETERINARY REFERENCE LABORATORY MARKET FOR IMMUNODIAGNOSTICS, BY COUNTRY, 2019–2026 (USD MILLION)    81
7.5    MOLECULAR DIAGNOSTICS    82
7.5.1    GROWING DEMAND FOR RELIABLE AND RAPID METHODS OF GENETIC DISORDER DETECTION TO DRIVE MARKET GROWTH    82
TABLE 13    VETERINARY REFERENCE LABORATORY MARKET FOR MOLECULAR DIAGNOSTICS, BY COUNTRY, 2019–2026 (USD MILLION)    82
7.6    URINALYSIS    83
7.6.1    RISING OCCURRENCE OF KIDNEY DISEASES IN CATS AND DOGS TO SUPPORT THE GROWTH OF THIS SEGMENT    83
TABLE 14    VETERINARY REFERENCE LABORATORY MARKET FOR URINALYSIS,
BY COUNTRY, 2019–2026 (USD MILLION)    84
7.7    OTHER SERVICES    85
TABLE 15    VETERINARY REFERENCE LABORATORY MARKET FOR OTHER SERVICES,
BY COUNTRY, 2019–2026 (USD MILLION)    85
8    VETERINARY REFERENCE LABORATORY MARKET, BY APPLICATION    86
8.1    INTRODUCTION    87
TABLE 16    VETERINARY REFERENCE LABORATORY MARKET, BY APPLICATION, 2019–2026 (USD MILLION)    87
8.1.1    IMPACT OF COVID-19 ACROSS DIFFERENT APPLICATION AREAS    87
8.2    CLINICAL PATHOLOGY    88
8.2.1    CLINICAL PATHOLOGY SEGMENT DOMINATES THE VETERINARY REFERENCE LABORATORY APPLICATIONS MARKET    88
TABLE 17    VETERINARY REFERENCE LABORATORY MARKET FOR CLINICAL PATHOLOGY, BY COUNTRY, 2019–2026 (USD MILLION)    88
8.3    BACTERIOLOGY    89
8.3.1    RISING PREVALENCE OF ZOONOTIC DISEASES WILL DRIVE THE MARKET FOR BACTERIOLOGY    89
TABLE 18    VETERINARY REFERENCE LABORATORY MARKET FOR BACTERIOLOGY,
BY COUNTRY, 2019–2026 (USD MILLION)    89
8.4    PARASITOLOGY    90
8.4.1    INCREASING PREVALENCE OF PARASITIC DISEASES WILL SUPPORT THE GROWTH OF THIS APPLICATION SEGMENT    90
TABLE 19    VETERINARY REFERENCE LABORATORY MARKET FOR PARASITOLOGY,
BY COUNTRY, 2019–2026 (USD MILLION)    90
8.5    VIROLOGY    91
8.5.1    GROWING NUMBER OF VIRAL OUTBREAKS IS CONTRIBUTING TO THE GROWTH OF THIS SEGMENT    91
TABLE 20    VETERINARY REFERENCE LABORATORY MARKET FOR VIROLOGY,
BY COUNTRY, 2019–2026 (USD MILLION)    91
8.6    PRODUCTIVITY TESTING    92
8.6.1    INCREASING FOCUS ON ENSURING THE QUALITY OF MILK AND MEAT IS DRIVING THE DEMAND FOR PRODUCTIVITY TESTING    92
TABLE 21    VETERINARY REFERENCE LABORATORY MARKET FOR PRODUCTIVITY TESTING, BY COUNTRY, 2019–2026 (USD MILLION)    92
8.7    PREGNANCY TESTING    93
8.7.1    FOCUS ON BREEDING AND HERD MANAGEMENT PROGRAMS WILL DRIVE THE GROWTH OF THIS SEGMENT    93
TABLE 22    VETERINARY REFERENCE LABORATORY MARKET FOR PREGNANCY TESTING, BY COUNTRY, 2019–2026 (USD MILLION)    93
8.8    TOXICOLOGY TESTING    94
8.8.1    REGULATION OF ANIMAL HEALTH TO AVOID FEED AND ANIMAL-DERIVED FOOD CONTAMINATION IS DRIVING MARKET GROWTH    94
TABLE 23    VETERINARY REFERENCE LABORATORY MARKET FOR TOXICOLOGY,
BY COUNTRY, 2019–2026 (USD MILLION)    94
9    VETERINARY REFERENCE LABORATORY MARKET, BY ANIMAL TYPE    95
9.1    INTRODUCTION    96
TABLE 24    VETERINARY REFERENCE LABORATORY MARKET, BY ANIMAL TYPE,
2019–2026 (USD MILLION)    96
9.1.1    IMPACT OF COVID-19 ON TESTING IN ANIMALS    96
9.2    COMPANION ANIMALS    96
TABLE 25    POPULATION OF SMALL COMPANION ANIMALS, BY COUNTRY,
 2012–2019 (MILLION)    97
TABLE 26    VETERINARY REFERENCE LABORATORY MARKET FOR COMPANION ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    97
TABLE 27    VETERINARY REFERENCE LABORATORY MARKET FOR COMPANION ANIMALS, BY COUNTRY, 2019–2026 (USD MILLION)    98
9.2.1    DOGS    98
9.2.1.1    Increasing incidence of zoonotic, chronic, and parasitic diseases in dogs to drive the growth of this market segment    98
FIGURE 34    NUMBER OF PET DOGS IN CHINA FROM 2013 TO 2022 (IN MILLION)    99
TABLE 28    VETERINARY REFERENCE LABORATORY MARKET FOR DOGS, BY COUNTRY, 2019–2026 (USD MILLION)    100
9.2.2    CATS    100
9.2.2.1    Rising prevalence of infectious diseases in cats to drive the growth of this market segment    100
TABLE 29    VETERINARY REFERENCE LABORATORY MARKET FOR CATS, BY COUNTRY, 2019–2026 (USD MILLION)    101
9.2.3    HORSES    102
9.2.3.1    Global equine population has witnessed slow growth in recent years    102
TABLE 30    VETERINARY REFERENCE LABORATORY MARKET FOR HORSES, BY COUNTRY, 2019–2026 (USD MILLION)    102
9.2.4    OTHER COMPANION ANIMALS    103
TABLE 31    NUMBER OF US HOUSEHOLDS THAT OWN A PET, BY TYPE OF ANIMAL (2020)    103
TABLE 32    VETERINARY REFERENCE LABORATORY MARKET FOR OTHER COMPANION ANIMALS, BY COUNTRY, 2019–2026 (USD MILLION)    104
9.3    LIVESTOCK ANIMALS    104
TABLE 33    POPULATION OF LARGE ANIMALS IN THE US, 2010–2018 (MILLION)    105
TABLE 34    VETERINARY REFERENCE LABORATORY MARKET FOR LIVESTOCK ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    105
TABLE 35    VETERINARY REFERENCE LABORATORY MARKET FOR LIVESTOCK ANIMALS, BY COUNTRY, 2019–2026 (USD MILLION)    106
9.3.1    CATTLE    106
9.3.1.1    Early diagnosis is crucial as cattle contribute more than 85% to the global milk supply    106
TABLE 36    VETERINARY REFERENCE LABORATORY MARKET FOR CATTLE, BY COUNTRY, 2019–2026 (USD MILLION)    107
9.3.2    PIGS    107
9.3.2.1    Growing need to check disease outbreaks to drive the growth of this market segment    107
TABLE 37    VETERINARY REFERENCE LABORATORY MARKET FOR PIGS, BY COUNTRY, 2019–2026 (USD MILLION)    108
9.3.3    POULTRY    108
9.3.3.1    Increasing focus on animal-derived protein sources from poultry will drive the growth of this market segment    108
FIGURE 35    GLOBAL POULTRY MEAT PRODUCTION, 2016 VS. 2017 VS. 2018 (MILLION METRIC TONS)    109
TABLE 38    VETERINARY REFERENCE LABORATORY MARKET FOR POULTRY, BY COUNTRY, 2019–2026 (USD MILLION)    109
9.3.4    SHEEP AND GOATS    110
9.3.4.1    Increasing prevalence of diseases in sheep and goats to drive the growth of this market segment    110
TABLE 39    VETERINARY REFERENCE LABORATORY MARKET FOR SHEEP AND GOATS,
BY COUNTRY, 2019–2026 (USD MILLION)    110
9.3.5    OTHER LIVESTOCK ANIMALS    111
TABLE 40    VETERINARY REFERENCE LABORATORY MARKET FOR OTHER LIVESTOCK ANIMALS, BY COUNTRY, 2019–2026 (USD MILLION)    111
10    VETERINARY REFERENCE LABORATORY MARKET, BY REGION    112
10.1    INTRODUCTION    113
FIGURE 36    INDIA TO REGISTER THE HIGHEST GROWTH RATE IN THE VETERINARY REFERENCE LABORATORY MARKET DURING THE FORECAST PERIOD    113
TABLE 41    VETERINARY REFERENCE LABORATORY MARKET, BY COUNTRY,
2019–2026 (USD MILLION)    114
10.2    NORTH AMERICA    114
FIGURE 37    EXPECTED GROWTH IN THE NUMBER OF VETERINARIANS IN NORTH AMERICA    115
FIGURE 38    NORTH AMERICA: VETERINARY REFERENCE LABORATORY MARKET SNAPSHOT    116
TABLE 42    NORTH AMERICA: VETERINARY REFERENCE LABORATORY MARKET,
BY COUNTRY, 2019–2026 (USD MILLION)    116
TABLE 43    NORTH AMERICA: VETERINARY REFERENCE LABORATORY MARKET,
 BY SERVICE TYPE, 2019–2026 (USD MILLION)    117
TABLE 44    NORTH AMERICA: VETERINARY REFERENCE LABORATORY MARKET,
BY ANIMAL TYPE, 2019–2026 (USD MILLION)    117
TABLE 45    NORTH AMERICA: VETERINARY REFERENCE LABORATORY MARKET FOR COMPANION ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    117
TABLE 46    NORTH AMERICA: VETERINARY REFERENCE LABORATORY MARKET FOR LIVESTOCK ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    118
TABLE 47    NORTH AMERICA: VETERINARY REFERENCE LABORATORY MARKET,
BY APPLICATION, 2019–2026 (USD MILLION)    118
10.2.1    US    118
10.2.1.1    The US dominated the veterinary reference laboratory
market in North America    118
TABLE 48    US: FOOD-PRODUCING ANIMAL POPULATION, 2001–2019 (MILLION)    119
FIGURE 39    US: PET OWNERSHIP INDICATORS, 2017–2018    119
TABLE 49    US: PRIVATE CLINICAL PRACTICES, BY ANIMAL TYPE, 2014–2019    120
TABLE 50    US: VETERINARY REFERENCE LABORATORY MARKET, BY SERVICE TYPE, 2019–2026 (USD MILLION)    120
TABLE 51    US: VETERINARY REFERENCE LABORATORY MARKET, BY ANIMAL TYPE, 2019–2026 (USD MILLION)    121
TABLE 52    US: VETERINARY REFERENCE LABORATORY MARKET FOR COMPANION ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    121
TABLE 53    US: VETERINARY REFERENCE LABORATORY MARKET FOR LIVESTOCK ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    121
TABLE 54    US: VETERINARY REFERENCE LABORATORY MARKET, BY APPLICATION, 2019–2026 (USD MILLION)    122
10.2.2    CANADA    122
10.2.2.1    Increasing population of livestock animals and adoption of pets
to drive market growth in Canada    122
TABLE 55    COMPANION ANIMAL POPULATION IN CANADA, 2016–2020 (MILLION)    122
TABLE 56    CANADA: LARGE ANIMAL POPULATION, 2001–2019 (MILLION)    123
TABLE 57    CANADA: VETERINARY REFERENCE LABORATORY MARKET, BY SERVICE TYPE, 2019–2026 (USD MILLION)    123
TABLE 58    CANADA: VETERINARY REFERENCE LABORATORY MARKET, BY ANIMAL TYPE, 2019–2026 (USD MILLION)    123
TABLE 59    CANADA: VETERINARY REFERENCE LABORATORY MARKET FOR COMPANION ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    124
TABLE 60    CANADA: VETERINARY REFERENCE LABORATORY MARKET FOR LIVESTOCK ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    124
TABLE 61    CANADA: VETERINARY REFERENCE LABORATORY MARKET, BY APPLICATION, 2019–2026 (USD MILLION)    125
10.3    EUROPE    125
FIGURE 40    EU-27: LIVESTOCK POPULATION, 2012–2019 (MILLION)    126
TABLE 62    EUROPE: NUMBER OF VETERINARIANS, 2012–2019    126
FIGURE 41    EUROPE: VETERINARY REFERENCE LABORATORY MARKET SNAPSHOT    127
TABLE 63    EUROPE: VETERINARY REFERENCE LABORATORY MARKET, BY COUNTRY, 2019–2026 (USD MILLION)    128
TABLE 64    EUROPE: VETERINARY REFERENCE LABORATORY MARKET, BY SERVICE TYPE, 2019–2026 (USD MILLION)    128
TABLE 65    EUROPE: VETERINARY REFERENCE LABORATORY MARKET, BY ANIMAL TYPE, 2019–2026 (USD MILLION)    128
TABLE 66    EUROPE: VETERINARY REFERENCE LABORATORY MARKET FOR COMPANION ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    129
TABLE 67    EUROPE: VETERINARY REFERENCE LABORATORY MARKET FOR LIVESTOCK ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    129
TABLE 68    EUROPE: VETERINARY REFERENCE LABORATORY MARKET, BY APPLICATION, 2019–2026 (USD MILLION)    129
10.3.1    UK    130
10.3.1.1    The UK dominates the veterinary reference laboratory market in Europe    130
TABLE 69    UK: COMPANION ANIMAL POPULATION, 2010–2019 (MILLION)    130
TABLE 70    UK: NUMBER OF VETERINARIANS, 2014 VS. 2019    130
TABLE 71    UK: VETERINARY REFERENCE LABORATORY MARKET, BY SERVICE TYPE, 2019–2026 (USD MILLION)    131
TABLE 72    UK: VETERINARY REFERENCE LABORATORY MARKET, BY ANIMAL TYPE, 2019–2026 (USD MILLION)    131
TABLE 73    UK: VETERINARY REFERENCE LABORATORY MARKET FOR COMPANION ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    131
TABLE 74    UK: VETERINARY REFERENCE LABORATORY MARKET FOR LIVESTOCK ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    132
TABLE 75    UK: VETERINARY REFERENCE LABORATORY MARKET, BY APPLICATION, 2019–2026 (USD MILLION)    132
10.3.2    GERMANY    132
10.3.2.1    The majority of veterinary practices in Germany collaborate with reference laboratories for testing services    132
TABLE 76    GERMANY: COMPANION ANIMAL POPULATION, 2016–2019 (MILLION)    133
TABLE 77    GERMANY: NUMBER OF VETERINARIANS, 2014 VS. 2019    133
TABLE 78    GERMANY: VETERINARY REFERENCE LABORATORY MARKET, BY SERVICE TYPE, 2019–2026 (USD MILLION)    134
TABLE 79    GERMANY: VETERINARY REFERENCE LABORATORY MARKET, BY ANIMAL TYPE, 2019–2026 (USD MILLION)    134
TABLE 80    GERMANY: VETERINARY REFERENCE LABORATORY MARKET FOR COMPANION ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    134
TABLE 81    GERMANY: VETERINARY REFERENCE LABORATORY MARKET FOR LIVESTOCK ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    135
TABLE 82    GERMANY: VETERINARY REFERENCE LABORATORY MARKET,
BY APPLICATION, 2019–2026 (USD MILLION)    135
10.3.3    FRANCE    135
10.3.3.1    Rising pet ownership rate is one of the major drivers for market growth in France    135
TABLE 83    FRANCE: COMPANION ANIMAL POPULATION, 2010–2019 (MILLION)    136
TABLE 84    FRANCE: LIVESTOCK ANIMAL POPULATION, 2016–2019 (MILLION)    136
TABLE 85    FRANCE: NUMBER OF VETERINARIANS, 2014 VS. 2017    136
TABLE 86    FRANCE: VETERINARY REFERENCE LABORATORY MARKET, BY SERVICE TYPE, 2019–2026 (USD MILLION)    137
TABLE 87    FRANCE: VETERINARY REFERENCE LABORATORY MARKET, BY ANIMAL TYPE, 2019–2026 (USD MILLION)    137
TABLE 88    FRANCE: VETERINARY REFERENCE LABORATORY MARKET FOR COMPANION ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    137
TABLE 89    FRANCE: VETERINARY REFERENCE LABORATORY MARKET FOR LIVESTOCK ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    138
TABLE 90    FRANCE: VETERINARY REFERENCE LABORATORY MARKET, BY APPLICATION, 2019–2026 (USD MILLION)    138
10.3.4    ITALY    138
10.3.4.1    Disease outbreaks and rising meat consumption indicate demand for testing facilities in Italy    138
TABLE 91    ITALY: NUMBER OF VETERINARIANS, 2012 VS. 2017    139
TABLE 92    ITALY: VETERINARY REFERENCE LABORATORY MARKET, BY SERVICE TYPE, 2019–2026 (USD MILLION)    139
TABLE 93    ITALY: VETERINARY REFERENCE LABORATORY MARKET, BY ANIMAL TYPE, 2019–2026 (USD MILLION)    139
TABLE 94    ITALY: VETERINARY REFERENCE LABORATORY MARKET FOR COMPANION ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    140
TABLE 95    ITALY: VETERINARY REFERENCE LABORATORY MARKET FOR LIVESTOCK ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    140
TABLE 96    ITALY: VETERINARY REFERENCE LABORATORY MARKET, BY APPLICATION, 2019–2026 (USD MILLION)    140
10.3.5    SPAIN    141
10.3.5.1    Increasing number of veterinary practices and willingness to spend on animal healthcare to propel market growth    141
TABLE 97    SPAIN: COMPANION ANIMAL POPULATION, 2016–2019 (MILLION)    141
TABLE 98    SPAIN: LIVESTOCK ANIMAL POPULATION, 2016–2019 (MILLION)    142
TABLE 99    SPAIN: VETERINARY REFERENCE LABORATORY MARKET, BY SERVICE TYPE, 2019–2026 (USD MILLION)    142
TABLE 100    SPAIN: VETERINARY REFERENCE LABORATORY MARKET, BY ANIMAL TYPE, 2019–2026 (USD MILLION)    142
TABLE 101    SPAIN: VETERINARY REFERENCE LABORATORY MARKET FOR COMPANION ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    143
TABLE 102    SPAIN: VETERINARY REFERENCE LABORATORY MARKET FOR LIVESTOCK ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    143
TABLE 103    SPAIN: VETERINARY REFERENCE LABORATORY MARKET, BY APPLICATION, 2019–2026 (USD MILLION)    143
10.3.6    REST OF EUROPE    144
TABLE 104    ROE: COMPANION ANIMAL OWNERSHIP, BY COUNTRY, 2019 (MILLION)    144
TABLE 105    ROE: LIVESTOCK ANIMAL POPULATION, BY COUNTRY, 2019 (MILLION)    144
TABLE 106    ROE: NUMBER OF VETERINARIANS AND PARAVETERINARIANS, 2010 VS. 2019    144
TABLE 107    ROE: VETERINARY REFERENCE LABORATORY MARKET, BY SERVICE TYPE, 2019–2026 (USD MILLION)    145
TABLE 108    ROE: VETERINARY REFERENCE LABORATORY MARKET, BY ANIMAL TYPE, 2019–2026 (USD MILLION)    145
TABLE 109    ROE: VETERINARY REFERENCE LABORATORY MARKET FOR COMPANION ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    145
TABLE 110    ROE: VETERINARY REFERENCE LABORATORY MARKET FOR LIVESTOCK ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    146
TABLE 111    ROE: VETERINARY REFERENCE LABORATORY MARKET, BY APPLICATION, 2019–2026 (USD MILLION)    146
10.4    ASIA PACIFIC    147
FIGURE 42    ASIA PACIFIC: VETERINARY REFERENCE LABORATORY MARKET SNAPSHOT    147
TABLE 112    APAC: VETERINARY REFERENCE LABORATORY MARKET, BY COUNTRY, 2019–2026 (USD MILLION)    148
TABLE 113    APAC: VETERINARY REFERENCE LABORATORY MARKET, BY SERVICE TYPE, 2019–2026 (USD MILLION)    148
TABLE 114    APAC: VETERINARY REFERENCE LABORATORY MARKET, BY ANIMAL TYPE, 2019–2026 (USD MILLION)    148
TABLE 115    APAC: VETERINARY REFERENCE LABORATORY MARKET FOR COMPANION ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    149
TABLE 116    APAC: VETERINARY REFERENCE LABORATORY MARKET FOR LIVESTOCK ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    149
TABLE 117    APAC: VETERINARY REFERENCE LABORATORY MARKET, BY APPLICATION, 2019–2026 (USD MILLION)    149
10.4.1    CHINA    150
10.4.1.1    China dominates the Asia Pacific market    150
TABLE 118    CHINA: LIVESTOCK POPULATION, 2010–2019 (MILLION)    150
TABLE 119    CHINA: VETERINARY REFERENCE LABORATORY MARKET, BY SERVICE TYPE, 2019–2026 (USD MILLION)    150
TABLE 120    CHINA: VETERINARY REFERENCE LABORATORY MARKET, BY ANIMAL TYPE, 2019–2026 (USD MILLION)    151
TABLE 121    CHINA: VETERINARY REFERENCE LABORATORY MARKET FOR COMPANION ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    151
TABLE 122    CHINA: VETERINARY REFERENCE LABORATORY MARKET FOR LIVESTOCK ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    151
TABLE 123    CHINA: VETERINARY REFERENCE LABORATORY MARKET, BY APPLICATION, 2019–2026 (USD MILLION)    152
10.4.2    JAPAN    152
10.4.2.1    Rising demand for diagnosing zoonotic diseases in imported pet breeds is expected to drive market growth    152
TABLE 124    PRODUCTION, CONSUMPTION, IMPORT, AND EXPORT OF ANIMAL-DERIVED FOOD PRODUCTS IN JAPAN, 2000 VS. 2030 (THOUSAND METRIC TONS)    153
TABLE 125    JAPAN: VETERINARY REFERENCE LABORATORY MARKET, BY SERVICE TYPE, 2019–2026 (USD MILLION)    153
TABLE 126    JAPAN: VETERINARY REFERENCE LABORATORY MARKET, BY ANIMAL TYPE, 2019–2026 (USD MILLION)    153
TABLE 127    JAPAN: VETERINARY REFERENCE LABORATORY MARKET FOR COMPANION ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    154
TABLE 128    JAPAN: VETERINARY REFERENCE LABORATORY MARKET FOR LIVESTOCK ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    154
TABLE 129    JAPAN: VETERINARY REFERENCE LABORATORY MARKET, BY APPLICATION, 2019–2026 (USD MILLION)    154
10.4.3    INDIA    155
10.4.3.1    India is an untapped market with huge growth potential    155
TABLE 130    INDIA: LIVESTOCK POPULATION, 2007–2019 (MILLION)    155
TABLE 131    INDIA: PRODUCTION AND CONSUMPTION OF ANIMAL-DERIVED FOOD PRODUCTS, 2000 VS. 2030 (THOUSAND METRIC TONS)    155
TABLE 132    INDIA: VETERINARY REFERENCE LABORATORY MARKET, BY SERVICE TYPE, 2019–2026 (USD MILLION)    156
TABLE 133    INDIA: VETERINARY REFERENCE LABORATORY MARKET, BY ANIMAL TYPE, 2019–2026 (USD MILLION)    156
TABLE 134    INDIA: VETERINARY REFERENCE LABORATORY MARKET FOR COMPANION ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    157
TABLE 135    INDIA: VETERINARY REFERENCE LABORATORY MARKET FOR LIVESTOCK ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    157
TABLE 136    INDIA: VETERINARY REFERENCE LABORATORY MARKET, BY APPLICATION, 2019–2026 (USD MILLION)    157
10.4.4    AUSTRALIA    158
10.4.4.1    Australia is one of the largest consumers of beef & mutton in the world    158
TABLE 137    AUSTRALIA: LIVESTOCK POPULATION, BY COUNTRY, 2010–2019 (MILLION)    158
TABLE 138    AUSTRALIA: VETERINARY REFERENCE LABORATORY MARKET, BY SERVICE TYPE, 2019–2026 (USD MILLION)    158
TABLE 139    AUSTRALIA: VETERINARY REFERENCE LABORATORY MARKET, BY ANIMAL TYPE, 2019–2026 (USD MILLION)    159
TABLE 140    AUSTRALIA: VETERINARY REFERENCE LABORATORY MARKET FOR COMPANION ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    159
TABLE 141    AUSTRALIA: VETERINARY REFERENCE LABORATORY MARKET FOR LIVESTOCK ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    159
TABLE 142    AUSTRALIA: VETERINARY REFERENCE LABORATORY MARKET, BY APPLICATION, 2019–2026 (USD MILLION)    160
10.4.5    REST OF APAC    160
TABLE 143    ROAPAC: LIVESTOCK POPULATION, BY COUNTRY, 2010–2019 (MILLION)    160
TABLE 144    ROAPAC: VETERINARY REFERENCE LABORATORY MARKET, BY SERVICE TYPE, 2019–2026 (USD MILLION)    161
TABLE 145    ROAPAC: VETERINARY REFERENCE LABORATORY MARKET, BY ANIMAL TYPE, 2019–2026 (USD MILLION)    161
TABLE 146    ROAPAC: VETERINARY REFERENCE LABORATORY MARKET FOR COMPANION ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    162
TABLE 147    ROAPAC: VETERINARY REFERENCE LABORATORY MARKET FOR LIVESTOCK ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    162
TABLE 148    ROAPAC: VETERINARY REFERENCE LABORATORY MARKET, BY APPLICATION, 2019–2026 (USD MILLION)    162
10.5    LATIN AMERICA    163
10.5.1    RISING BEEF EXPORTS AND GROWING PET ADOPTION HAVE DRIVEN MARKET GROWTH IN LATAM    163
TABLE 149    LATIN AMERICA: LIVESTOCK POPULATION, BY COUNTRY,
2010–2019 (MILLION)    163
TABLE 150    LATIN AMERICA: NUMBER OF VETERINARIANS AND PARAVETERINARIANS, 2010 VS. 2019    164
TABLE 151    LATIN AMERICA: VETERINARY REFERENCE LABORATORY MARKET,
BY SERVICE TYPE, 2019–2026 (USD MILLION)    164
TABLE 152    LATIN AMERICA: VETERINARY REFERENCE LABORATORY MARKET, BY ANIMAL TYPE, 2019–2026 (USD MILLION)    164
TABLE 153    LATIN AMERICA: VETERINARY REFERENCE LABORATORY MARKET FOR COMPANION ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    165
TABLE 154    LATIN AMERICA: VETERINARY REFERENCE LABORATORY MARKET FOR LIVESTOCK ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    165
TABLE 155    LATIN AMERICA: VETERINARY REFERENCE LABORATORY MARKET,
BY APPLICATION, 2019–2026 (USD MILLION)    165
10.6    MIDDLE EAST & AFRICA    166
10.6.1    RELUCTANCE TO SPEND ON PET HEALTH HAS SLOWED THE PACE OF MARKET GROWTH    166
TABLE 156    MIDDLE EAST: LIVESTOCK ANIMAL POPULATION, 2010 VS. 2019    166
TABLE 157    AFRICA: FOOD-PRODUCING ANIMAL POPULATION, 2012–2019 (MILLION)    167
TABLE 158    AFRICA: NUMBER OF VETERINARIANS AND PARAVETERINARIANS,
2010–2018    167
TABLE 159    MEA: VETERINARY REFERENCE LABORATORY MARKET, BY SERVICE TYPE, 2019–2026 (USD MILLION)    167
TABLE 160    MEA: VETERINARY REFERENCE LABORATORY MARKET, BY ANIMAL TYPE, 2019–2026 (USD MILLION)    168
TABLE 161    MEA: VETERINARY REFERENCE LABORATORY MARKET FOR COMPANION ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    168
TABLE 162    MEA: VETERINARY REFERENCE LABORATORY MARKET FOR LIVESTOCK ANIMALS, BY TYPE, 2019–2026 (USD MILLION)    168
TABLE 163    MEA: VETERINARY REFERENCE LABORATORY MARKET, BY APPLICATION, 2019–2026 (USD MILLION)    169
11    COMPETITIVE LANDSCAPE    170
11.1    INTRODUCTION    170
FIGURE 43    KEY MARKET DEVELOPMENTS (JANUARY 2018 TO NOVEMBER 2021)    170
11.2    REVENUE ANALYSIS OF KEY MARKET PLAYERS    171
FIGURE 44    REVENUE ANALYSIS OF KEY PLAYERS OPERATING IN THE VETERINARY REFERENCE LABORATORY MARKET    171
11.3    MARKET SHARE ANALYSIS (FOR COMPANION ANIMALS)    171
FIGURE 45    VETERINARY REFERENCE LABORATORY MARKET SHARE,
BY KEY PLAYER, 2020    172
11.4    COMPETITIVE SCENARIO    173
11.4.1    SERVICE LAUNCHES    173
TABLE 164    VETERINARY REFERENCE LABORATORY MARKET: SERVICE LAUNCHES (JANUARY 2018 TO NOVEMBER 2021)    173
11.4.2    DEALS    174
TABLE 165    VETERINARY REFERENCE LABORATORY MARKET: DEALS (JANUARY 2018 TO NOVEMBER 2021)    174
11.4.3    OTHER DEVELOPMENTS    175
TABLE 166    VETERINARY REFERENCE LABORATORY MARKET: OTHER DEVELOPMENTS (JANUARY 2018 TO NOVEMBER 2021)    175
11.5    COMPETITIVE BENCHMARKING    176
11.6    VETERINARY REFERENCE LABORATORY MARKET: R&D EXPENDITURE    182
11.6.1    R&D EXPENDITURE OF KEY PLAYERS IN THE VETERINARY REFERENCE LABORATORY MARKET (2019 VS. 2020)    182
11.7    COMPANY EVALUATION MATRIX    183
11.7.1    STARS    183
11.7.2    EMERGING LEADERS    183
11.7.3    PERVASIVE PLAYERS    183
11.7.4    EMERGING COMPANIES    183
FIGURE 46    VETERINARY REFERENCE LABORATORY MARKET: GLOBAL COMPANY EVALUATION MATRIX    184
11.8    COMPETITIVE LEADERSHIP MAPPING (SMES/START-UPS)    185
11.8.1    PROGRESSIVE COMPANIES    185
11.8.2    STARTING BLOCKS    185
11.8.3    RESPONSIVE COMPANIES    185
11.8.4    DYNAMIC COMPANIES    185
FIGURE 47    VETERINARY REFERENCE LABORATORY MARKET: COMPANY EVALUATION MATRIX FOR SMES/START-UPS    186
12    COMPANY PROFILES    187
12.1    INTRODUCTION    187
TABLE 167    MAJOR PUBLIC, PRIVATE, AND GOVERNMENT-AIDED PLAYERS IN THE VETERINARY REFERENCE LABORATORIES MARKET    187
12.2    KEY PLAYERS    188
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
12.2.1    IDEXX LABORATORIES, INC.    188
TABLE 168    IDEXX LABORATORIES, INC.: BUSINESS OVERVIEW    188
FIGURE 48    COMPANY SNAPSHOT: IDEXX LABORATORIES, INC. (2020)    189
12.2.2    VCA, INC. (A PART OF MARS PETCARE)    195
TABLE 169    VCA, INC.: BUSINESS OVERVIEW    195
12.2.3    BOEHRINGER INGELHEIM    198
TABLE 170    BOEHRINGER INGELHEIM: BUSINESS OVERVIEW    198
FIGURE 49    COMPANY SNAPSHOT: BOEHRINGER INGELHEIM (2020)    199
12.2.4    GD ANIMAL HEALTH    204
TABLE 171    GD ANIMAL HEALTH: BUSINESS OVERVIEW    204
12.2.5    ZOETIS INC.    206
TABLE 172    ZOETIS INC.: BUSINESS OVERVIEW    206
FIGURE 50    COMPANY SNAPSHOT: ZOETIS INC. (2020)    207
12.2.6    NEOGEN CORPORATION    213
TABLE 173    NEOGEN CORPORATION: BUSINESS OVERVIEW    213
FIGURE 51    COMPANY SNAPSHOT: NEOGEN CORPORATION (2020)    214
12.2.7    LABOKLIN GMBH    219
TABLE 174    LABOKLIN GMBH: BUSINESS OVERVIEW    219
12.2.8    SYNLAB INTERNATIONAL GMBH    223
TABLE 175    SYNLAB INTERNATIONAL GMBH: BUSINESS OVERVIEW    223
12.2.9    HESKA CORPORATION    225
TABLE 176    HESKA CORPORATION: BUSINESS OVERVIEW    225
FIGURE 52    COMPANY SNAPSHOT: HESKA CORPORATION (2020)    226
12.2.10    VIRBAC    229
TABLE 177    VIRBAC: BUSINESS OVERVIEW    229
FIGURE 53    COMPANY SNAPSHOT: VIRBAC (2020)    230
12.3    OTHER PLAYERS    231
12.3.1    THERMO FISHER SCIENTIFIC, INC.    231
TABLE 178    THERMO FISHER SCIENTIFIC, INC.: BUSINESS OVERVIEW    231
FIGURE 54    COMPANY SNAPSHOT: THERMO FISHER SCIENTIFIC, INC. (2020)    232
12.3.2    TEXAS A&M VETERINARY MEDICAL DIAGNOSTIC LABORATORY    234
TABLE 179    TVMDL: BUSINESS OVERVIEW    234
12.3.3    UNIVERSITY OF MINNESOTA (VETERINARY DIAGNOSTIC LABORATORY)    237
TABLE 180    UNIVERSITY OF MINNESOTA’S VETERINARY DIAGNOSTIC
LABORATORY: BUSINESS OVERVIEW    237
12.3.4    IOWA STATE UNIVERSITY (VETERINARY DIAGNOSTIC LABORATORY)    239
TABLE 181    IOWA STATE UNIVERSITY’S VETERINARY DIAGNOSTIC LABORATORY: BUSINESS OVERVIEW    239
12.3.5    VETNOSTICS    241
12.3.6    IDVET    242
12.3.7    PROTATEK INTERNATIONAL INC.    243
12.3.8    ANIMAL AND PLANT HEALTH AGENCY    243
12.3.9    ANIMAL HEALTH DIAGNOSTIC CENTER (CORNELL UNIVERSITY)    244
12.3.10    NATIONAL VETERINARY SERVICES LABORATORY USDA-APHIS    245
12.3.11    WASHINGTON ANIMAL DISEASE DIAGNOSTIC LABORATORY (WADDL)    246
12.3.12    COLORADO STATE UNIVERSITY (VETERINARY DIAGNOSTIC LABORATORIES)    247
12.3.13    THE PIRBRIGHT INSTITUTE    248
12.3.14    FRIEDRICH-LOEFFLER-INSTITUT (FLI)    249
12.3.15    KANSAS STATE VETERINARY DIAGNOSTIC LABORATORY    250
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
13    APPENDIX    251
13.1    DISCUSSION GUIDE    251
13.2    KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL    257
13.3    AVAILABLE CUSTOMIZATIONS    259
13.4    RELATED REPORTS    259
13.5    AUTHOR DETAILS    260"