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 Analysis Chapter
Veterinary laboratory testing services are considered an essential service within Australia's animal health sector. Australia's strong interest in a healthy livestock industry and biosecurity, as well as growing concern from pet owners for pet health, has meant that the industry has remained viable over the past five years.
However, government concerns (at both state and federal levels) about the effectiveness of Australia's biosecurity measures and livestock disease research have led to a downsizing and centralisation of the government's involvement in the industry. These actions have had significant negative effects on the industry. At the same time, this downsizing has triggered the rise of the private sector's involvement in the industry... purchase to read more