Overview

Top dog: Rising pet ownership has supported healthy industry 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

Industry Threats & Opportunities

  • Private ownership has increased in the industry due to government cost-cutting measures
  • Expenditure on companion animals has increased, driving demand for private operators
  • Profitability is forecast to improve, as pet ownership and economies of scale increase

  • shopping_cartBUY NOW TO READ MORE

    Industry Analysis & Industry Trends

    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 the care of performance and companion animals, including racehorses, domesticated cats and dogs, and other production animals such as poultry and pigs.

    The industry has changed dramatically over the past two decades...

    shopping_cartBUY NOW TO READ MORE

    What is the Veterinary Laboratory Testing Services industry?

    Most states fund an industry laboratory, which means that the country has a broad spread of business locations. However, the industry's geographic profile has gradually changed over the past two decades as state governments sought to close or outsource regional facilities. For example, in 1994 the Victorian Government outsourced all four of its regional facilities (at Hamilton, Bendigo, Benalla and Bairnsdale) to private company Centaur International, which then closed all facilities in 1996. Since then, the NSW Government has closed four regional laboratories and the Queensland Government closed two regional laboratories in 2013. Cen...

    shopping_cartBUY NOW TO READ MORE

    Additional Insights for the Veterinary Laboratory Testing Services Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Veterinary Laboratory Testing Services Industry are

  • Ability to quickly adopt new technology
  • Proximity to key markets
  • Provision of appropriate facilities
  • IBISWorld analysts also discuss how external factors such as Demand from veterinary services and Demand from dairy cattle farming in the Veterinary Laboratory Testing Services industry impact industry performance..

    shopping_cartBUY NOW TO READ MORE

    Look under the hood?

    Download a FREE sample report

    Top 500 Companies List
    has been released

    Click here for more

    Products & Brands

    Major products in this industry
    Blood and serum analysis
    Parasite test services
    Toxicology
    Virology, bacteriology and mycology
    Examples of brands in this Industry
    AAHL

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Demand from veterinary services
  • Demand from dairy cattle farming
  • Real household disposable income
  • Demand from horse farming
  • Demand from poultry farming

  • Current Performance
  • Changing landscape
  • Pet spending
  • Regulatory reform
  • Chart: Revenue Growth

  • Industry Outlook
  • Growth drivers
  • Biosecurity reform
  • Table: Veterinary Laboratory Testing Services Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Veterinary Laboratory Testing Services Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Sheep Farming
  • Beef Cattle Farming
  • Dairy Cattle Farming
  • Pig Farming
  • Horse Farming
  • Consumers

  • Key Selling Industries
  • Basic Inorganic Chemical Manufacturing
  • Basic Organic Chemical Manufacturing
  • Medical and Scientific Equipment Wholesaling
  • Medical and Surgical Equipment Manufacturing

  • Products & Services
  • Parasite test services
  • Blood and serum analysis
  • Virology, bacteriology and mycology
  • Toxicology
  • Other
  • Chart: Veterinary Laboratory Testing Services Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Livestock famers
  • Pet owners
  • Pig and poultry farmers
  • Horse farmers
  • Other
  • Chart: Major Market Segmentation for the Veterinary Laboratory Testing Services Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases
  • Depreciation
  • Rent
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Veterinary Laboratory Testing Services

  • Basis of Competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Veterinary Laboratory Testing Services Industry

  • Industry Globalization
    Major Companies
    IDEXX Laboratories Pty LtdCommonwealth Scientific & Industrial Research Organisation
  • Table: IDEXX Laboratories Pty Ltd - financial performance
  • Table: Commonwealth Scientific & Industrial Research Organisation - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Veterinary Laboratory Testing Services Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Veterinary Laboratory Testing Services Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Nata
  • National Association of Testing Authorities.
  • Scahls
  • Subcommittee on Animal Health Laboratory Standards.
  • Zoonotic Diseases
  • Diseases that can be transmitted from animals to humans
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Veterinary Laboratory Testing Services:
    • 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 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

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Veterinary Laboratory Testing Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Contact Us

    Want to speak to a representative? Call us.

    clear