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Veterinary laboratory testing providers have seen substantial growth in recent years, driven by increasing pet ownership and more frequent veterinary visits by both companion animal owners and agricultural producers. Advances in medical technology from the human health sector continue to enhance the breadth and quality of animal diagnostic options, introducing advanced screenings—such as DNA profiles—alongside staple tests like ultrasounds and CBCs. As households increasingly view pets as family members, owners are more willing to spend on specialized tests beyond routine care. This shift, fueled in part by rising incomes and the enthusiasm of millennial pet parents, has expanded testing volumes and supported steady industry revenue growth. These trends have led industry revenue to rise at a CAGR of 2.2% reaching an estimated $1.9 billion over the past five years, with projected growth of 1.3% in 2025.
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IBISWorld's research coverage on the Veterinary Laboratory Testing Services industry in the United States includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released October 2025.
The Veterinary Laboratory Testing Services industry in the United States operates under the NAICS industry code OD4026. Veterinary laboratory testing providers offer specialized diagnostic testing and analytical services for animals, including companion pets and livestock. These companies support veterinary medicine by providing various laboratory tests to detect, diagnose and monitor diseases, health conditions and infections. Related terms covered in the Veterinary Laboratory Testing Services industry in the United States include urinalysis, parasitology, diagnostic test, reference lab and cytology.
Products and services covered in Veterinary Laboratory Testing Services industry in the United States include Dog blood tests , Cat blood tests and Radiography tests .
Companies covered in the Veterinary Laboratory Testing Services industry in the United States include Idexx Laboratories Inc. and Mars Inc.
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Veterinary Laboratory Testing Services industry in the United States.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Veterinary Laboratory Testing Services industry in the United States.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Veterinary Laboratory Testing Services industry in the United States.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Veterinary Laboratory Testing Services industry in the United States. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
The Companies chapter covers Key Takeaways, Market Share and Companies in the Veterinary Laboratory Testing Services industry in the United States. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Veterinary Laboratory Testing Services industry in the United States. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Veterinary Laboratory Testing Services industry in the United States. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Veterinary Laboratory Testing Services industry in the United States.
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The market size of the Veterinary Laboratory Testing Services industry in the United States is $11.6bn in 2026.
There are 10,055 businesses in the Veterinary Laboratory Testing Services industry in the United States, which has grown at a CAGR of 4.6 % between 2020 and 2025.
The Veterinary Laboratory Testing Services industry in the United States is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
The Veterinary Laboratory Testing Services industry in the United States is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
The market size of the Veterinary Laboratory Testing Services industry in the United States has been growing at a CAGR of 2.2 % between 2020 and 2025.
Over the next five years, the Veterinary Laboratory Testing Services industry in the United States is expected to grow.
The biggest companies operating in the Veterinary Laboratory Testing Services industry in the United States are Idexx Laboratories Inc. and Mars Inc.
Veterinary parasitology test services and Veterinary bloodwork test services are part of the Veterinary Laboratory Testing Services industry in the United States.
The company holding the most market share in the Veterinary Laboratory Testing Services industry in the United States is Idexx Laboratories Inc..
The level of competition is high and increasing in the Veterinary Laboratory Testing Services industry in the United States.