The global Veterinary Reference Laboratory Market is poised for remarkable growth, with projections indicating that it will reach USD 6.4 billion by 2027, up from USD 4.1 billion in 2022. This market's expansion, driven by a compelling CAGR of 9.3%, is significantly influenced by the adoption of cutting-edge technology and advanced instruments in veterinary reference laboratories worldwide. However, it faces some challenges, including rising pet care costs and the demand for Point-of-Care (POC) testing. In this article, we delve deeper into the market's dynamics, highlighting the key drivers, opportunities, and challenges that shape its future.
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