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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 | Nov 2012

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

IBISWorld’s Veterinary Laboratory Testing Services market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
CSIRO CSIRO market share
IDEXX Laboratories IDEXX Laboratories market share
Industry Statistics & Market Size
Revenue
$149m
Annual Growth 08-13
-4.4%
Annual Growth 13-18
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Profit
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Employment
408
Businesses
17
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 Products Chapter

Testing for parasites in animal tissues, fluids, faeces and environmental samples is a large area of industry activity. Parasites such as worms commonly affect domestic pets as well as livestock and so demand for diagnosing parasites is high from all major markets. Common livestock parasites can cause death of stock and reduce production. Common livestock parasites include liver fluke and worms. The NSW Department of Primary Industries estimates that up to 40 million sheep and six million cattle are exposed to pastures with liver fluke. Parasitological services are the largest source of industry revenue.

Blood and serum analysis

This segment is dominated by three main processes. Serology is the analysis of blood serum and other animal serums... 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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