Veterinary Reference Laboratory Market Size, Report 2032

Imracrahul09 Oct, 2024Business

The global veterinary reference laboratory market size reached US$ 4.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 10.2 Billion by 2032, exhibiting a growth rate (CAGR) of 10.2% during 2024-2032. The market is thriving due to the increasing prevalence of zoonotic diseases, rapid advancements in diagnostic technologies, rising pet ownership and animal health awareness, the implementation of stringent regulatory mandates, and the expansion of veterinary healthcare facilities and services.