- Veterinary reference laboratories provide advanced diagnostic testing services for animals, supporting disease detection, treatment, and prevention in both companion and livestock animals
- Growth in this market is primarily driven by the rising prevalence of zoonotic diseases, increased pet adoption, and demand for early and accurate diagnostics in veterinary care
- North America is expected to dominate the veterinary reference laboratory market with a market share of 44.9%, due to well-developed veterinary healthcare system, high pet ownership rates, and robust demand for advanced diagnostic services
- Asia-Pacific is expected to be the fastest growing region in the veterinary reference laboratory market with a market share of 23.5%, during the forecast period due to increasing pet adoption, growing livestock farming, and rising awareness of animal disease diagnostics
- Companion animals segment is expected to dominate the market with a market share of 64.8% due to the rising pet adoption rates, growing awareness of pet health, and increased spending on veterinary diagnostics
