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 | Nov 2012

Passing the test: Increasing funding and pet ownership lead to healthy revenue growth

IBISWorld’s Veterinary Laboratory Testing Services market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
CSIRO CSIRO market share
IDEXX Laboratories IDEXX Laboratories market share
Industry Statistics & Market Size
Annual Growth 08-13
Annual Growth 13-18
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Industry Analysis & Industry Trends

Veterinary laboratory testing services entail the testing and diagnosis of animal related diseases within laboratories. Specifically, this involves conducting blood and serum analysis, toxicology, parasite test services, virology, bacteriology and mycology. This service is obviously seen as an essential service in Australia, as Australia invests a significant amount into its livestock industries and pet ownership is high. However, over the past five years the industry has declined as government labs have been consolidated and centralised in the midst of cost-cutting measures. These cost-cutting measures have provided an opportunity for the private sector to jump into the breach... purchase to read more

Industry Report - Industry Investment Chapter

Despite having wages as the highest proportion of costs, the industry has a high capital intensity. The need for utilising the most advanced testing methods means that capital purchases have risen over the past five years. However, at the same time, the industry needs to pay their staff adequately as the industry's services are highly specialised and is currently suffering from a skills shortage. This skills shortage has further increased wage levels as staff retention becomes a higher priority... 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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