Veterinary Laboratory Testing Services in Australia - Market Research Report

Veterinary Laboratory Testing Services industry trends (2014-2019)

poll Average industry growth 2014–2019: 2.4%

The Veterinary Laboratory Testing Services industry plays an integral role in Australia's animal health system. Veterinary laboratory testing services involve testing and diagnosing animal-related diseases in laboratories. These services include blood and serum analysis, toxicology, parasite test services, virology, bacteriology and mycology. These services are essential in Australia, given the economic importance of its livestock industries. Veterinary laboratories also play a role in caring for performance and companion animals, including racehorses, domesticated cats and dogs, and other production animals such as poultry and pigs. The industry also provides surveillance and research services for endemic and exotic animal diseases, including zoonos...
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Veterinary Laboratory Testing Services industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The Veterinary Laboratory Testing Services industry is anticipated to continue evolving over the next five years, in line with its changing operating and policy environment, ongoing technological advancements and new standards requirements. Revenue growth is projected to be modest, driven by rising demand for the industry's services. For example, higher expenditure per pet will benefit the industry as pet owners increasingly pay for diagnostic tests to improve the health and wellbeing of their pets. However, improving technologies are increasingly resulting in industry services being brought in-house, particularly at larger veterinary hospitals. Industry revenue is forecast to rise at an annualised X.X% over the five years through XXX-XX, to total $X...
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Veterinary Laboratory Testing Services industry statistics

  • attach_money Market Size: $191m
  • business Number of Businesses: 21
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 375

Biggest companies in the Veterinary Laboratory Testing Services industry

The companies holding the largest market share in the Veterinary Laboratory Testing Services in Australia industry include IDEXX Laboratories Pty Ltd and Commonwealth Scientific & Industrial Research Organisation.

  • pie_chart IDEXX Laboratories Pty Ltd Market Share: x.x%
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  • pie_chart Commonwealth Scientific & Industrial Research Organisation Market Share: x.x%
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What is Veterinary Laboratory Testing Services industry?

Industry Definition

Industry companies provide laboratory testing and diagnostic services for licensed veterinary practitioners.

Industry Products and Services

  • Blood and serum analysis
  • Parasite test services
  • Toxicology
  • Virology, bacteriology and mycology
  • Other services

Industry Activities

  • Blood and serum analysis
  • Toxicology test services
  • Parasite test services
  • Virology, bacteriology and mycology test services

Market research report - table of contents

Industry Definition

Industry companies provide laboratory testing and diagnostic services for licensed veterinary practitioners.

Main Activities

  • Blood and serum analysis
  • Toxicology test services
  • Parasite test services
  • Virology, bacteriology and mycology test services

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Demand for veterinary services has risen over the past five years, promoted by growing awareness of animal health issues, and the increasing availability ...
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Demand from veterinary services
Real household disposable income
Demand from dairy cattle farming
Demand from horse farming

Current Performance

Companion animals
Regulatory reform
 Chart: Revenue Growth

Industry Outlook

Biosecurity reform
 Table: Veterinary Laboratory Testing Services in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Veterinary Laboratory Testing Services in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Sheep Farming in Australia
Beef Cattle Farming in Australia
Dairy Cattle Farming in Australia
Pig Farming in Australia
Horse Farming in Australia
Consumers in Australia

Key Selling Industries

Basic Organic Chemical Manufacturing in Australia
Basic Inorganic Chemical Manufacturing in Australia
Medical and Surgical Equipment Manufacturing in Australia
Medical and Scientific Equipment Wholesaling in Australia



Products & Services

Veterinary laboratories are an integral part of Australia's animal health system, and include a range of diagnostic services. Some services may also invol...
Pet owners
Pig and poultry farmers
Horse farmers
Other markets


Demand Determinants

Pet ownership is a traditional demand determinant. When household pet ownership rises, demand for veterinary and laboratory testing services increases. Au...
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Major Markets

Pet owners
Pig and poultry farmers
Horse farmers
Other markets



 Chart: Major Market Segmentation for the Veterinary Laboratory Testing Services in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Veterinary Laboratory Testing Services industry forms part of Australia's network of animal health laboratories. In turn, this network comprises AAHL ...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Veterinary Laboratory Testing Services in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Veterinary Laboratory Testing Services in Australia - Market Research Report Industry

Industry Globalization

IDEXX Laboratories Pty Ltd is the Australian subsidiary of US-based IDEXX Laboratories, Inc. The parent company was founded in 1983 and has grown to have ...
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IDEXX Laboratories

 Table: IDEXX Laboratories - financial performance

CSIRO

 Table: CSIRO - financial performance

Capital Intensity

The industry is highly capital intensive. Laboratories require advanced testing methods and capital purchases have therefore risen over the past five year...
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 Chart: Level of Capital Intensity for the Veterinary Laboratory Testing Services in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Veterinary Laboratory Testing Services in Australia Industry

Industry Revenue (2007-2026)
Industry Gross Product (2007-2026)
Establishments (2007-2026)
Businesses (2007-2026)
Employment (2007-2026)
Exports (2007-2026)
Imports (2007-2026)
Wages (2007-2026)
Domestic Demand (2007-2026)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

NATA

SCAHLS

ZOONOTIC DISEASES

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Veterinary Laboratory Testing Services industry?

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This report on Veterinary Laboratory Testing Services in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Veterinary Laboratory Testing Services in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

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