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Stock impact report

Veterinary Laboratory Testing Services Global Market Report 2024, Featuring Key Players IDEXX Laboratories, Mars, Zoetis, CVS Group and Heska [Yahoo! Finance]

Zoetis Inc. Class A (ZTS) 
Last zoetis inc. class a earnings: 2/13 07:00 am Check Earnings Report
US:NYSE Investor Relations: investor.zoetis.com
Company Research Source: Yahoo! Finance
The veterinary laboratory testing services market size has grown strongly in recent years, growing from $24.98 billion in 2023 to $26.99 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The expansion observed in the historical period can be linked to factors such as an increase in disposable income, a rise in the adoption of pets, an uptick in merger and acquisition activity, an increase in animal healthcare expenditure, heightened pet spending, and growth in the population of companion animals. The market size is expected to see continued strong growth, reaching $36.4 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%. The anticipated growth in the forecast period can be ascribed to the increasing penetration of pet insurance, a rapidly growing urban population, growing awareness about animal health, and the development of innovative rapid tests and portable instruments for point-of-care testing, which will drive market growth. Key trends in the foreca Show less Read more
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