Veterinary Laboratory Testing Service Market Report 2025 (Global Edition)

Global Veterinary Laboratory Testing Service Market Report 2025 Market Size Split by Test Type (In Vitro Diagnosis, In Vivo Diagnosis), by Animal Type (Companion Animals, Livestock), by Service Type (...

Veterinary Laboratory Testing Service Market Report Description

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Veterinary Laboratory Testing Service Market Insights Video

Competitive Landscape of the Veterinary Laboratory Testing Service Market

The competitive landscape of the Veterinary Laboratory Testing Service market is characterized by a diverse range of players competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established veterinary laboratory testing service providers, specialized veterinary laboratory testing service companies, and emerging start-ups aiming to disrupt the market with innovative solutions.

October 2023: GD Group, a Dutch company acquired Animal Health Laboratories, which is a West Cork-based for making it its first subsidiary in Ireland. They have taken over this company as part of their initial attempt at veterinary diagnosis services in Ireland since GD Group is widely known for offering diversified laboratory and testing services on diseases. (Source: https://www.agriland.ie/farming-news/gd-group-acquires-corks-animal-health-laboratories/) June 2023: IDEXX Laboratories, Inc. launched a veterinary diagnostic test for detecting kidney injury in dogs and cats. The IDEXX Cystatin B Test has been designed so that it assists in the identification of kidney injury in pets by veterinarians even before kidney function changes take place thus improving patient outcomes. (Source: https://www.idexx.com/en/about-idexx/news/idexx-announces-novel-diagnostic-test-for-kidney-injury/)

Top Companies Market Share in Veterinary Laboratory Testing Service Industry: (In no particular order of Rank)

• IDEXX Laboratories
• Inc. (US)
• Mars
• Incorporated (US)
• GD Animal Health (Netherlands)
• Zoetis (US)
• NEOGEN Corporation (US)
• LABOKLIN GMBH & CO. KG (Germany)
• VETLAB (Veterinary Diagnostic Laboratory) (India)
• Mira Vista Labs (US)
• Virbac (US)
• Thermo Fisher Scientific (US)
• Vaxxinova (Netherlands)
• Texas A&M Veterinary Medical Diagnostic Laboratory (US)
• University of Minnesota (Veterinary Diagnostic Laboratory) (US)
• Iowa State University (Veterinary Diagnostic Laboratory) (US)
• QML Vetnostics (Australia)
• Greencross Vets (Australia)
• ProtaTek International
• Inc. (US)
• Animal and Plant Health Agency (UK)
• Animal Health Diagnostic Center (Cornell University) (US)
• National Veterinary Services Laboratory USDA-APHIS (US)
• Washington Animal Disease Diagnostic Laboratory (US)
• Colorado State University (Veterinary Diagnostic Laboratories) (US)
• The Pirbright Institute (UK)
• Friedrich-Loeffler-Institute (FLI) (Germany)
• Kansas State Veterinary Diagnostic Laboratory (US)
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Veterinary Laboratory Testing Service Market

Which Region Dominates the Veterinary Laboratory Testing Service Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue because of its early adoption of advanced diagnostic technologies, favoring government policies on animal health, the presence of major players, and extensive investments in veterinary laboratory testing services all contributed to the increase of the veterinary laboratory testing services market in North America.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the Veterinary Laboratory Testing Service market due to several compelling reasons. ?The Veterinary Laboratory Testing Service marketplace in the Asia Pacific is developing because of the rising disposable incomes, growing demand for animal-based products, increase in pet ownership across the region, and increasing demand for advanced veterinary laboratory testing services.

The current report Scope analyzes Veterinary Laboratory Testing Service Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Veterinary Laboratory Testing Service Market

According to Cognitive Market Research, the global Veterinary Laboratory Testing Service market size was estimated at USD 9351.2 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 3740.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.8% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Veterinary Laboratory Testing Service market with a market size of USD 2951.24 million in 2024 and is projected to grow at a CAGR of 8.6% during the forecast period. The demand is amplified by the nation's infrastructure development for veterinary hospitals and clinics, which boosts demand for animal diagnostic treatment.
• The Canada Veterinary Laboratory Testing Service market had a market share of USD 448.86 million in 2024 and is projected to grow at a CAGR of 9.6% during the forecast period. Canada's robust consumer demand for clinical chemistry services for pets, and livestock health checkups is driving the market growth.
• The Mexico Veterinary Laboratory Testing Service market is projected to witness growth at a CAGR of 9.3% during the forecast period, with a market size of USD 340.38 million in 2024.

Europe Veterinary Laboratory Testing Service Market

According to Cognitive Market Research, the global Veterinary Laboratory Testing Service market size was estimated at USD 9351.2 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 2805.36 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.1% from 2024 to 2031.

• The United Kingdom Veterinary Laboratory Testing Service market had a market share of USD 471.30 million in 2024 and is projected to grow at a CAGR of 9.9% during the forecast period. Technological advancements in diagnostic tools like genetic and diagnostics testing driving the Veterinary Laboratory Testing Service market.
• The France Veterinary Laboratory Testing Service market is projected to witness growth at a CAGR of 8.3% during the forecast period, with a market size of USD 258.09 million in 2024.
• According to Cognitive Market Research, the Germany Veterinary Laboratory Testing Service market size was valued at USD 555.46 million in 2024 and is projected to grow at a CAGR of 9.3% during the forecast period. Growing pet ownership and rising awareness about animal health driving the Veterinary Laboratory Testing Service market in Germany.
• The Italy Veterinary Laboratory Testing Service market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD 241.26 million in 2024.
• The Russian Veterinary Laboratory Testing Service market is projected to witness growth at a CAGR of 8.1% during the forecast period, with a market size of USD 434.83 million in 2024.
• The Spain Veterinary Laboratory Testing Service market is projected to witness growth at a CAGR of 8.2% during the forecast period with a market size of USD 230.04 million in 2024
• The Luxembourg Veterinary Laboratory Testing Service market is projected to witness growth at a CAGR of 9.2% during the forecast period, with a market size of USD 86.97 million in 2024.
• The Portugal Veterinary Laboratory Testing Service market is projected to witness growth at a CAGR of 8.9% during the forecast period, with a market size of USD 58.91 million in 2024.
• The Greece Veterinary Laboratory Testing Service market is projected to witness growth at a CAGR of 9.4% during the forecast period, with a market size of USD 33.66 million in 2024.
• Rest of Europe's Veterinary Laboratory Testing Service market is projected to witness growth at a CAGR of 7.8% during the forecast period, with a market size of USD 434.83 million in 2024.

Asia Pacific Veterinary Laboratory Testing Service Market

According to Cognitive Market Research, the global Veterinary Laboratory Testing Service market size was estimated at USD 9351.2 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 2150.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.6% from 2024 to 2031.

• According to Cognitive Market Research, the China Veterinary Laboratory Testing Service market size was valued at USD 967.85 million in 2024 and is projected to grow at a CAGR of 12.1% during the forecast period. The launch of advanced diagnostic test machines and partnerships to expand veterinary laboratory services drive the market.
• The Japan Veterinary Laboratory Testing Service market is projected to witness growth at a CAGR of 11.1% during the forecast period, with a market size of USD 296.81 million in 2024.
• The India Veterinary Laboratory Testing Service market had a market share of USD 258.09 million in 2024 and is projected to grow at a CAGR of 14.4% during the forecast period. India's government initiatives towards animal welfare and increasing investment in cloud-based diagnostic testing driving the market in India.
• The South Korean Veterinary Laboratory Testing Service market is projected to witness growth at a CAGR of 11.7% during the forecast period, with a market size of USD 215.08 million in 2024.
• The Australia Veterinary Laboratory Testing Service market is projected to witness growth at a CAGR of 12.3% during the forecast period, with a market size of USD 111.84 million in 2024.
• The South East Asia Veterinary Laboratory Testing Service market is projected to witness growth at a CAGR of 13.6% during the forecast period, with a market size of USD 148.40 million in 2024.
• The Rest of Asia Pacific Veterinary Laboratory Testing Service market is projected to witness growth at a CAGR of 12.4% during the forecast period, with a market size of USD 152.71 million in 2024.

South America Veterinary Laboratory Testing Service Market

According to Cognitive Market Research, the global Veterinary Laboratory Testing Service market size was estimated at USD 9351.2 Million out of which the Latin America market of more than 5% of the global revenue with a market size of USD 467.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031

• According to Cognitive Market Research, the Brazil Veterinary Laboratory Testing Service market size was valued at USD 200.12 million in 2024 and is projected to grow at a CAGR of 10.6% during the forecast period. Veterinary Laboratory Testing Service sales flourish in Brazil due to the increasing partnership aims to expand veterinary diagnostics in Brazil.
• Argentina Veterinary Laboratory Testing Service market had a market share of USD 78.55 million in 2024 and is projected to grow at a CAGR of 10.9% during the forecast period. Growth in companion animal ownership drives the Veterinary Laboratory Testing Service Market.
• Colombia Veterinary Laboratory Testing Service market is projected to witness growth at a CAGR of 9.8% during the forecast period with a market size of USD 41.61 million in 2024.
• Peru Veterinary Laboratory Testing Service market is projected to witness growth at a CAGR of 10.2% during the forecast period with a market size of USD 38.34 million in 2024.
• Chile Veterinary Laboratory Testing Service market is projected to witness growth at a CAGR of 10.3% during the forecast period with a market size of USD 33.66 million in 2024.
• The Rest of Latin America Veterinary Laboratory Testing Service market is projected to witness growth at a CAGR of 9.1% during the forecast period, with a market size of USD 75.28 million in 2024.

Middle East Veterinary Laboratory Testing Service Market

According to Cognitive Market Research, the global Veterinary Laboratory Testing Service market size was estimated at USD 9351.2 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 187.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.3% from 2024 to 2031.

• The GCC Countries Veterinary Laboratory Testing Service market is projected to witness growth at a CAGR of 11.1% during the forecast period with a market size of USD 80.05 million in 2024. Veterinary Laboratory Testing Service sales flourish due to the growing e-commerce sector's boosts the sales of residential Veterinary Laboratory Testing Service solutions.
• The Egypt Veterinary Laboratory Testing Service market is projected to witness growth at a CAGR of 10.6% during the forecast period, with a market size of USD 19.64 million in 2024.
• The South Africa Veterinary Laboratory Testing Service market is projected to witness growth at a CAGR of 11.3% during the forecast period, with a market size of USD 29.55 million in 2024. Government approval for power consumption and electricity delivery change programs encourages the expansion of the energy-efficient smart meter to drive the market share.
• The Turkey Veterinary Laboratory Testing Service market is projected to witness growth at a CAGR of 9.8% during the forecast period, with a market size of USD 16.08 million in 2024.
• The Nigeria Veterinary Laboratory Testing Service market is projected to witness growth at a CAGR of 9.4% during the forecast period, with a market size of USD 19.64 million in 2024.
• The Rest of the MEA Veterinary Laboratory Testing Service market is projected to witness growth at a CAGR of 9.3% during the forecast period, with a market size of USD 22.07 million in 2024.

Veterinary Laboratory Testing Service Market Analysis

Veterinary Laboratory Testing Service Market Test Type Segment Analysis

According to Cognitive Market Research, In Vitro Diagnosis stands out as the dominating category. In Vitro Diagnosis (IVD) encompasses various tests that are crucial in detecting and diagnosing various health conditions in animals. Importantly, the tests and procedures are adopted by veterinary practitioners in large quantities because they are precise, time-saving, and non-invasive. In vitro diagnosis also provides effective disease management and monitoring for animals Furthermore, improved IVD technologies increase diagnostic capacities hence they play a critical role in everyday veterinary care and contribute to the segment growth.

In Vivo Diagnosis emerges as the fastest-growing category in the Veterinary Laboratory Testing Service market. This growth is driven in the future owing to various factors such as increasing uses of advanced imaging technologies such as ultrasounds, X-rays, CT scans, and MRI scans in veterinary practices. These diagnostic tools provide detailed animal's internal views and provide an accurate diagnosis of injuries and complex health issues. Moreover, Pets and livestock having increasing rates of chronic and age-related diseases means that there is a higher demand for in vivo diagnostics?.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Veterinary Laboratory Testing Service Industry. Request a Free Sample PDF!

Veterinary Laboratory Testing Service Market Animal Type Segment Analysis

According to Cognitive Market Research, the dominating category is Companion Animals. The increasing number of domestic pet lovers has grown with a preference for the health of their animals. Rising levels of income at their disposal and rising healthcare investment in companion animals drive the veterinary laboratory testing service significantly. Moreover, people prefer investing in regular check-ups, preventative medication, or even modern diagnostics for their pets contributing to maintaining the largest market share of veterinary laboratory testing services.

The fastest-growing category in the Veterinary Laboratory Testing Service market is Livestock. The growth is driven by the increasing adoption of smart grid technologies, advanced communication solutions, and effective utility network management. Private utilities can easily adapt and adjust to new technologies using their flexible and innovative nature. This growth is further fueled by improved energy efficiency and the inclusion of private utility networks integrated with renewable energy forms. As infrastructure modernization and cutting-edge technology adoption contribute towards the growth of the segment in the future.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Veterinary Laboratory Testing Service Service Type Segment Analysis

Service Type Segment Analysis

According to Cognitive Market Research, the dominating category is Clinical chemistry. Clinical chemistry offers various types of tests including liver enzymes, blood glucose levels, electrolyte analysis, and kidney function tests which cater to the market share of the Veterinary Laboratory Testing Service. This tests provides efficient monitoring for various health conditions in animals. Moreover, frequent use in routine medical check-ups and the increasing prevalence of chronic diseases continue to contribute to the dominance of the market..

The fastest-growing category in the Veterinary Laboratory Testing Service market is Molecular Diagnostics. The development of molecular diagnostics can be attributed to all technological advances in its field over time. This technology employs such advanced methodologies as Polymerase Chain Reaction (PCR) and DNA sequencing to guarantee accurate manifestations of genetic illnesses, infectious diseases as well as cancers at their early stages. Consequently, the market is increasing due to such tendencies as rapid technological advancements influencing positively on molecular diagnostics though coupled together with more research activities in this area specifically.

• Hematology
• Immunology
• Clinical Chemistry
• Immunodiagnostics
• Molecular Diagnostics
• Others

Veterinary Laboratory Testing Service Service Provider Segment Analysis

Service Provider Segment Analysis

According to Cognitive Market Research, the dominating category is Veterinary Hospital/Clinic Laboratories. Veterinary hospitals/clinic laboratories offer animal-related diagnostic services that are crucial. They perform different tests including ordinary blood examinations and special investigations required for urgent therapy. The geographical proximity of these centers to veterinary facilities guarantees immediate responses as well as timely patient management. Moreover, veterinary hospital/clinic laboratories are very important for monitoring and diagnosing animal health driving the dominance of the market share.

The fastest-growing category in the Veterinary Laboratory Testing Service market is Reference Laboratories. Reference laboratories that Handle diagnostic tests that cannot be carried out at their veterinary hospitals or clinics are what are called reference laboratories. Mostly, they specifically deal with complex tests and are more sought after for precise and complete diagnosis services. Moreover, advanced diagnostic testing drive the Reference laboratories' market share significantly in the future.

• Veterinary Hospital/Clinic Laboratories
• Reference Laboratories

Veterinary Laboratory Testing Service End-user Segment Analysis

End-user Segment Analysis

According to Cognitive Market Research, the dominating category is Veterinary Hospitals and Clinics. Veterinary hospitals/clinics offer various types of effective diagnostic services with speclized equipment to animals in a correct procedure. Veterinary hospitals/clinics have specialized diagnostic tests ranging from simple blood tests to imaging and pathology which cater to the needs of all types of veterinary patients like pets, animals, and livestock. They attend to various animal species and diagnostic needs in large volumes because they have extensive coverage and long-established links with veterinary networks. These all factors drive the segment growth.

The fastest-growing category in the Veterinary Laboratory Testing Service market is Diagnostic Laboratories. They cater outsource specialized tests, research institutes, and other end-users to offer services to a much more extensive group of customers. Veterinary diagnostics have become more complicated and require advanced testing techniques has led to growth in this segment in the future. Moreover, investment in expansion and launches of diagnostic laboratories in emerging countries due to the increasing adoption of pets and animals further drives the market growth in the forecasted period.

• Veterinary Hospitals and Clinics
• Diagnostic Laboratories
• Research Institutes
• In-House Testing
• Other End-Users

Author's Detail

Swasti Dharmadhikari

Research associate at Cognitive Market Research

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Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.

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