Veterinary CRO Market Size to Grow by USD 277.21 Million | By Type and Geography | Global Opportunity Analysis and Industry Forecast, 2022-2026

• In-Scope:
• Clinical trials:

The veterinary CRO market share growth by the clinical trials segment will be significant during the forecast period. Clinical trials can research a variety of areas, such as new ways to prevent, diagnose, or treat diseases, new pharmaceuticals, new surgical procedures or equipment, or new ways to use existing treatments, as well as enhance the quality of life for dogs suffering from chronic illnesses. Thus, the market is expected to be dominated by this segment in the coming years.

• Out-of-Scope:
• Toxicology
• Market authorization and regulatory support

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Highlights-

• Segmentation- The report extensively covers market segmentation by Type (clinical trials, toxicology, and market authorization and regulatory support) and Geography (North America, Europe, Asia, and Rest of World)
• Key Companies- Argenta Ltd., Avogadro LS, Cebiphar, Charles River Laboratories International Inc., GD, Ictyopharma, Invetus, Kingfisher International, KLIFOVET GmbH, Knoell, Lohlein and Wolf vet research, Oncovet Clinical Research, ONDAX Scientific SL, Ridgeway Research Ltd., Rockstep Solutions, Veterinary Research Management, VETSPIN SRL, Wageningen University and Research, RTI LLC, and Clinvet among others
• Driver- Increase in ownership of companion animals to drive the market
• Challenge- Stringent government regulations to hamper the market growth

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Vendor Insights-

The veterinary CRO market is fragmented and the vendors are deploying growth strategies such as technological innovations, market expansion, and investments to compete in the market.

• Cebiphar - The company offers veterinary CRO that includes services in terms of analytics, miCRObiology, and veterinary studies as well as technical and regulatory support.  

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Learn More about Key Driver & Challenge of the Market-

• Veterinary CRO Market Driver:
• Increase in ownership of companion animals:

Dogs were owned by 45% in 2020, up from 38% at the end of 2016. While animal rescues and shelters are popular places to get new pets, in 2020, 42% of dog owners and 43% of cat owners stated they got their pets from a store. The COVID-19 pandemic's effects were barely evident in the results. In 2020, people who work from home were eight times more likely to have a new pet. In addition, pet ownership has been associated with lower blood pressure, reduced stress, a lower risk of heart disease, and lower overall health care expenses in recent studies. For instance, according to a poll of pet owners conducted in 2021, 69 million homes in the US possessed at least one dog, making dogs the most popular type of pet in the country. Such factors will drive the market growth in the forecast period. 

• Veterinary CRO Market Challenge:
• Stringent government regulations:

The FDA regulates animal medicines in the same way that it regulates human medicines. The United States Department of Agriculture (USDA), the Food and Drug Administration (FDA), and the Environmental Protection Agency (EPA) are engaged in the approval of animal medications (pesticides such as flea and tick medicine). Animal medicines are extensively researched and tested for safety, purity, and efficacy while awaiting clearance, a process that can take five to seven years and cost tens of millions of dollars. These regulations may reduce new organizations from entering the market, which is expected to hinder the market growth in the forecast years.

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Table of Contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

• 5.1 Market segments
• Exhibit 24: Chart on Type - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Type - Market share 2021-2026 (%)

• 5.2 Comparison by Type
• Exhibit 26: Chart on Comparison by Type
• Exhibit 27: Data Table on Comparison by Type

• 5.3 Clinical trials - Market size and forecast 2021-2026
• Exhibit 28: Chart on Clinical trials - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Clinical trials - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Clinical trials - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Clinical trials - Year-over-year growth 2021-2026 (%)

• 5.4 Toxicology - Market size and forecast 2021-2026
• Exhibit 32: Chart on Toxicology - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Toxicology - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Toxicology - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Toxicology - Year-over-year growth 2021-2026 (%)

• 5.5 Market authorization and regulatory support - Market size and forecast 2021-2026
• Exhibit 36: Chart on Market authorization and regulatory support - Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on Market authorization and regulatory support - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on Market authorization and regulatory support - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Market authorization and regulatory support - Year-over-year growth 2021-2026 (%)

• 5.6 Market opportunity by Type
• Exhibit 40: Market opportunity by Type ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 42: Chart on Market share by geography 2021-2026 (%)
• Exhibit 43: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
• Exhibit 44: Chart on Geographic comparison
• Exhibit 45: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 Asia - Market size and forecast 2021-2026
• Exhibit 54: Chart on Asia - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on Asia - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on Asia - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on Asia - Year-over-year growth 2021-2026 (%)

• 7.6 Rest of World (ROW) - Market size and forecast 2021-2026
• Exhibit 58: Chart on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)

• 7.7 US - Market size and forecast 2021-2026
• Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.8 UK - Market size and forecast 2021-2026
• Exhibit 66: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.9 Canada - Market size and forecast 2021-2026
• Exhibit 70: Chart on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 7.10 China - Market size and forecast 2021-2026
• Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.11 India - Market size and forecast 2021-2026
• Exhibit 78: Chart on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on India - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on India - Year-over-year growth 2021-2026 (%)

• 7.12 Market opportunity by geography
• Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
• Exhibit 83: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 85: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 86: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 87: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 88: Matrix on vendor position and classification

• 10.3 Cebiphar
• Exhibit 89: Cebiphar - Overview
• Exhibit 90: Cebiphar - Product / Service
• Exhibit 91: Cebiphar - Key offerings

• 10.4 Charles River Laboratories International Inc.
• Exhibit 92: Charles River Laboratories International Inc. - Overview
• Exhibit 93: Charles River Laboratories International Inc. - Business segments
• Exhibit 94: Charles River Laboratories International Inc. - Key news
• Exhibit 95: Charles River Laboratories International Inc. - Key offerings
• Exhibit 96: Charles River Laboratories International Inc. - Segment focus

• 10.5 Clinvet
• Exhibit 97: Clinvet - Overview
• Exhibit 98: Clinvet - Product / Service
• Exhibit 99: Clinvet - Key offerings

• 10.6 KLIFOVET GmbH
• Exhibit 100: KLIFOVET GmbH - Overview
• Exhibit 101: KLIFOVET GmbH - Product / Service
• Exhibit 102: KLIFOVET GmbH - Key offerings

• 10.7 knoell
• Exhibit 103: knoell - Overview
• Exhibit 104: knoell - Product / Service
• Exhibit 105: knoell - Key offerings

• 10.8 Lohlein and Wolf vet research
• Exhibit 106: Lohlein and Wolf vet research - Overview
• Exhibit 107: Lohlein and Wolf vet research - Product / Service
• Exhibit 108: Lohlein and Wolf vet research - Key offerings

• 10.9 Oncovet Clinical Research
• Exhibit 109: Oncovet Clinical Research - Overview
• Exhibit 110: Oncovet Clinical Research - Product / Service
• Exhibit 111: Oncovet Clinical Research - Key offerings

• 10.10 ONDAX Scientific SL
• Exhibit 112: ONDAX Scientific SL - Overview
• Exhibit 113: ONDAX Scientific SL - Product / Service
• Exhibit 114: ONDAX Scientific SL - Key offerings

• 10.11 Veterinary Research Management
• Exhibit 115: Veterinary Research Management - Overview
• Exhibit 116: Veterinary Research Management - Product / Service
• Exhibit 117: Veterinary Research Management - Key offerings

• 10.12 VETSPIN SRL
• Exhibit 118: VETSPIN SRL - Overview
• Exhibit 119: VETSPIN SRL - Product / Service
• Exhibit 120: VETSPIN SRL - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
• Exhibit 121: Inclusions checklist
• Exhibit 122: Exclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 123: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 124: Research methodology
• Exhibit 125: Validation techniques employed for market sizing
• Exhibit 126: Information sources

• 11.5 List of abbreviations
• Exhibit 127: List of abbreviations

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