Veterinary CRO Market was valued at USD 2.5 Billion in 2022 and is projected to reach USD 5.3 Billion by 2030, growing at a CAGR of 10.5% from 2024 to 2030.
he Veterinary Contract Research Organization (CRO) market has experienced significant growth from 2018 to 2022, driven by increasing demand for animal healthcare services and the expansion of the pet industry.n 2022, the global veterinary CRO and Contract Development and Manufacturing Organization (CDMO) market was valued at approximately USD 5.80 billion.citeturn0search22
ooking ahead, the market is projected to continue its upward trajectory from 2023 to 2033.orecasts indicate a compound annual growth rate (CAGR) of around 8.94% during this period, with the market size expected to reach approximately USD 15.69 billion by 2033.citeturn0search1
Several factors contribute to this anticipated growth:
Increasing Prevalence of Animal Diseases: rise in animal diseases has heightened the demand for veterinary services, prompting pharmaceutical companies to invest in research and development.
Outsourcing of Clinical Trials: harmaceutical firms are increasingly outsourcing clinical trials to specialized CROs to reduce costs and expedite time-to-market for new veterinary drugs.
Adoption of Personalized Medicine: he growing trend towards personalized medicine in veterinary care has led to a demand for specialized services, further driving market expansion.
n summary, the Veterinary CRO market has demonstrated robust growth from 2018 to 2022 and is poised for continued expansion through 2033, driven by factors such as the increasing prevalence of animal diseases, the outsourcing of clinical trials, and the adoption of personalized medicine in veterinary care.
Get an In-Depth Research Analysis of the Global Veterinary CRO Market Size And Forecast [2025-2032]
Charles River Laboratories
Inc
Clinvet
KLIFOVET AG
L�hlein & Wolf Vet Research
Oncovet Clinical Research
ONDAX Scientific
Triveritas
Veterinary Research Management (VRM) Ltd.
VetPharm
Inc
VETSPIN SRL
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Global Veterinary CRO Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Veterinary CRO Market
Dogs
Cats
Others
Based on Types the Market is categorized into Below types that held the largest Veterinary CRO market share In 2023.
Clinical Trials
Toxicology
Market Authorization & Regulatory Support
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Veterinary CRO Market Research Analysis
1. Introduction of the Global Veterinary CRO Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Veterinary CRO Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Veterinary CRO Market, By Type
6. Global Veterinary CRO Market, By Application
7. Global Veterinary CRO Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Veterinary CRO Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/