Global Veterinary CRO Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Service Type;

Clinical Trials, Toxicology, and Others.

By Animal Type;

Dogs, Cats, and Others.

By Indication;

Oncology, Infectious Disease, Neurology, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn997760360 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Veterinary CRO Market (USD Million), 2021 - 2031

In the year 2024, the Global Veterinary CRO Market was valued at USD 787.60 million. The size of this market is expected to increase to USD 1,327.23 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.7%.

The global Veterinary Contract Research Organization (CRO) market represents a pivotal segment within the broader landscape of animal healthcare and pharmaceuticals. Veterinary CROs play a vital role in supporting the research and development endeavors of pharmaceutical companies, biotechnology firms, and academic institutions involved in veterinary drug discovery, development, and regulatory approval processes. These specialized organizations offer a range of services, including preclinical and clinical trials, regulatory consulting, pharmacovigilance, and post-market surveillance, tailored to the unique needs of the veterinary medicine sector.

In recent years, the global Veterinary CRO market has experienced substantial growth, propelled by various factors. One key driver is the escalating demand for effective veterinary drugs and healthcare products, prompted by the increasing prevalence of animal diseases and the growing emphasis on animal welfare. With pet ownership on the rise worldwide and the livestock industry striving for enhanced productivity and disease prevention, there is a pressing need for innovative treatments, vaccines, and diagnostic tools. Veterinary CROs play a crucial role in facilitating the development and commercialization of these products through their expertise and infrastructure.

The escalating investments in animal healthcare and research have further bolstered the demand for Veterinary CRO services. Pharmaceutical companies and biotechnology firms are increasingly outsourcing their research and development activities to CROs to capitalize on their specialized capabilities, streamline operations, and mitigate costs. This trend is particularly evident in emerging markets, where rapid urbanization, changing dietary patterns, and increased disposable income are driving greater investments in animal health. Veterinary CROs are well-positioned to capitalize on these opportunities by expanding their presence and service offerings in these regions.Advancements in biotechnology, pharmacology, and other scientific disciplines have revolutionized the landscape of veterinary medicine and drug development. Veterinary CROs leverage these technological innovations to offer state-of-the-art services, including molecular biology, genomics, bioanalytical testing, and high-throughput screening.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Service Type
    2. Market Snapshot, By Animal Type
    3. Market Snapshot, By Indication
    4. Market Snapshot, By Region
  4. Global Veterinary CRO Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Regulatory Support for Animal Testing
        2. Advancements in Biotechnology and Pharmacology
        3. Growing Awareness about Preventive Healthcare
      2. Restraints
        1. Limited Availability of Skilled Personnel
        2. Complexity of Clinical Trials in Veterinary Medicine
        3. Competition from In-house Research Facilities
      3. Opportunities
        1. Diversification of Service Offerings
        2. Strategic Collaborations and Partnerships
        3. Investment in Technological Infrastructure
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Veterinary CRO Market, By Service Type, 2021- 2031(USD Million)
      1. Clinical Trials
      2. Toxicology
      3. Others
    2. Global Veterinary CRO Market, By Animal Type, 2021- 2031(USD Million)
      1. Dogs
      2. Cats
      3. Others
    3. Global Veterinary CRO Market, By Indication, 2021- 2031(USD Million)
      1. Oncology
      2. Infectious Disease
      3. Neurology
      4. Others
    4. Global Veterinary CRO Market, By Geography, 2021- 2031(USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Charles River Laboratories, Inc
      2. Clinvet
      3. Klifovet Ag
      4. Löhlein & Wolf Vet Research
      5. Oncovet Clinical Research
      6. Ondax Scientific
      7. Triveritas
      8. Veterinary Research Management (Vrm) Ltd
      9. Vetpharm, Inc
      10. Vetspin Srl
  7. Analyst Views
  8. Future Outlook of the Market