The Veterinary CRO And CDMO Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Veterinary CRO And CDMO Market?
The historical growth trend in the Veterinary CRO And CDMO Global Market Report 2024 market has seen substantial growth. The market size will rise from $6.97 billion in 2024 to $7.55 billion in 2025, with a compound annual growth rate (CAGR) of 8.3%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Veterinary CRO And CDMO Industry?
The Veterinary CRO and CDMO global market is predicted to expand to a size of $10.74 billion by the year 2029. The predicted compound annual growth rate (CAGR) for this market is 9.2%.
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What are the Key Growth Drivers Fueling the Veterinary CRO And CDMO Market?
The key drivers in the veterinary cro and cdmo market are:
• Rising adoption of precision medicine in the veterinary field
• Strong focus on preventive healthcare and epidemiological surveillance
• Increased complexity of veterinary therapeutics driving demand for expert services
• Increased outsourcing of research and development, alongside technology integration, collaborations and partnerships in the field
Global Market Segmentation: Identifying Major Veterinary CRO And CDMO Industry Segments
The veterinary cro and cdmo market covered in this report is segmented –
1) By Service Type: Discovery, Development, Manufacturing, Packaging And Labeling, market Approval And Post- marketing
2) By Animal Type: Companion Animals, Livestock Animals
3) By Application: Medicines, Medical Devices, Pharmaceuticals, Biologics, Other Applications
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What are the Emerging Trends Shaping the Future of the Veterinary CRO And CDMO Market?
The key trends in the veterinary cro and cdmo market are:
• The market is observing an increased trend of outsourcing research and development work.
• Incorporation and integration of new technologies is emerging as a trend.
• Collaborations and partnerships are becoming more prevalent in the market.
• Sustainable manufacturing and digitalization of veterinary services are gaining prominence.
Who Are the Top Competitors & Leading Players in the Veterinary CRO And CDMO Market?
The major players in the veterinary cro and cdmo market are:
• Eurofins Scientific SE
• Pharmaceutical Product Development Inc
Regional Dominance: Which Area Leads the Global Veterinary CRO And CDMO Market?
North America was the largest region in the veterinary CRO and CDMO market in 2024
