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Veterinary Laboratory Testing Services in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Veterinary Laboratory Testing Services Market Research Report | Life Sciences | Animal Health | May 2014

Positive result: Increasing pet ownership leads to healthy revenue growth

IBISWorld’s Veterinary Laboratory Testing Services market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
CSIRO CSIRO market share
IDEXX Laboratories IDEXX Laboratories market share
Industry Statistics & Market Size
Revenue
$154m
Annual Growth 09-14
-0.7%
Annual Growth 14-19
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Profit
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Employment
408
Businesses
17
Industry Analysis & Industry Trends

The Veterinary Laboratory Testing Services industry plays an integral role in Australia's animal health system. Veterinary laboratory testing services entail the testing and diagnosis of animal-related diseases within laboratories. Such services include blood and serum analysis, toxicology, parasite test services, virology, bacteriology and mycology. This service is seen as an essential service in Australia, given the country's significant reliance on and investment in its livestock industries. Veterinary laboratories also play a role in the care of performance and companion animals, from racehorses to domesticated cats and dogs, as well as other production animals including poultry and pigs... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Veterinary Laboratory Testing Services industry is in the mature stage of its economic life cycle, characterised by industry growth consistently below that of the overall economy, a relatively static number of industry players and stable, clearly segmented product groups. The industry is also subject to wholehearted market acceptance. Over the past five years, the industry has faced a decline in government support as state governments continued to centralise their animal health activities. The subsequent entry of private players has meant higher profit margins as such companies pursued profit maximisation through more efficient practices. The industry has also benefited from increased demand for private players as pet spending has increased over the five years through 2013-14... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Veterinary Laboratory Testing Services Industry?

The Veterinary Laboratory Testing Services industry provides laboratory testing and diagnostic services for licensed veterinary practitioners.

Industry Products
Blood and serum analysis Parasite test servicesToxicology Virology, bacteriology and mycology
 
Industry Activities
Blood and serum analysisToxicology Parasite test servicesVirology, bacteriology and mycology Blood and serum analysisToxicology Parasite test servicesVirology, bacteriology and mycology


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