Veterinary Reference Laboratory (VRL) Market Projected To Expand At A CAGR Of 9.1% For The Forecast Period From 2018 To 2025 : Grand View Research Inc.
San Francisco, 11 September 2019: The Report Veterinary Reference Laboratory (VRL) Market Analysis By Technology (Clinical Chemistry, Hematology, Immunodiagnostics, Molecular Diagnostics), By Application, By Animal Type, And Segment Forecasts, 2018 – 2025 The global veterinary reference laboratories (VRL) market is expected to reach USD 5.13 billion by 2025, according to a new report by Grand View Research, Inc. Increase in incidence of zoonotic diseases is a key driving factor for market growth. Increase in adoption of integrated diagnostic systems coupled with information ecosystems for veterinary diagnostics is anticipated to fuel development. Rise in demand for advanced diagnostic tests and growing awareness amongst consumers are some of the factors expected to boostdemandover the coming years. Moreover, companies are investing in R&D for the advancement of test kits for cost-effective diagnosis & monitoring of animal health, which is expected to boost growth. Som