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Increasing population of companion and production animals is driving the global animal healthcare and veterinary services market. As per persistence research agency on “global study on animal healthcare” the industry was valued to reach USD 41,929 million by 2019 at a CAGR of around 7.1%.
The new types of diseases in animals and their transfer to humans via there product consumption and companionship are escalating the animal healthcare market globally. The role of veterinary labs becomes pivotal here.
According to European Food Safety Authority (EFSA) around 3.2lakh cases of food-borne and zoonotic diseases are reported each year in the European Union. The figures are rising; veterinary laboratories must be ready to meet the challenges.