Veterinary Reference Laboratory Market Strategic Insights

In 2024, the global veterinary reference laboratory market is projected to generate $4.6 billion in revenue. By 2029, this figure is expected to reach $7.8 billion, growing at a compound annual growth rate (CAGR) of 11.2%. This robust growth is driven by the increasing pet ownership, rising livestock production, and the need for early disease detection and advanced diagnostic capabilities in veterinary medicine.