Veterinary Contract Research Organization (CRO) Market

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 & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn997760360 Published Date: August, 2025

Veterinary CRO Market Overview

Veterinary CRO Market (USD Million)

Veterinary CRO Market was valued at USD 787.60 million in the year 2024. 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%.


Veterinary Contract Research Organization (CRO) Market

*Market size in USD million

CAGR 7.7 %


Study Period2025 - 2031
Base Year2024
CAGR (%)7.7 %
Market Size (2024)USD 787.60 Million
Market Size (2031)USD 1,327.23 Million
Market ConcentrationMedium
Report Pages302
787.60
2024
1,327.23
2031

Major Players

  • Charles River Laboratories, Inc
  • Clinvet
  • Klifovet Ag
  • Lhlein & Wolf Vet Research
  • Oncovet Clinical Research
  • Ondax Scientific
  • Triveritas
  • Veterinary Research Management (Vrm) Ltd
  • Vetpharm, Inc
  • Vetspin Srl

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Veterinary Contract Research Organization (CRO) Market

Fragmented - Highly competitive market without dominant players


The Veterinary CRO Market is experiencing notable expansion due to the rising demand for outsourced research and development services in veterinary science. Over 62% of pharmaceutical and biotechnology firms are now seeking external expertise for preclinical and clinical animal studies. This surge is primarily driven by the growing focus on animal health innovation and the need to streamline timelines for product development. Veterinary contract research organizations are playing a vital role in enhancing operational efficiency across the animal healthcare landscape.

Growth Through Partnerships
Strategic partnerships and collaborations are driving significant growth in the Veterinary CRO Market, with over 58% of CROs engaging in formal alliances with pharmaceutical companies. These partnerships enable shared access to facilities, resources, and regulatory insights. Joint ventures and co-development models are strengthening capabilities across the board, fostering innovation while reducing the cost and complexity of animal drug development. These strategies are increasingly being adopted for long-term value creation.

Expansion and Mergers
A rising number of CROs are expanding their service offerings through mergers and acquisitions, with around 60% aiming to enhance their global infrastructure and specialized capabilities. This expansion strategy is enhancing end-to-end research support, covering everything from toxicology to regulatory compliance. The consolidation trend is creating integrated service networks, helping companies scale up operations and ensure comprehensive veterinary research services across wider domains.

Future Outlook
The future outlook of the Veterinary CRO Market appears promising, supported by consistent investment in R&D and increased awareness regarding animal welfare. Nearly 65% of stakeholders believe that CROs will become critical enablers of efficient and ethical veterinary research in the coming years. There is growing emphasis on sustainability, agile trial design, and precision veterinary medicine, which are expected to shape the next wave of innovation and opportunities in the sector.

  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. 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. Veterinary CRO Market, By Service Type, 2021- 2031(USD Million)
      1. Clinical Trials
      2. Toxicology
      3. Others
    2. Veterinary CRO Market, By Animal Type, 2021- 2031(USD Million)
      1. Dogs
      2. Cats
      3. Others
    3. Veterinary CRO Market, By Indication, 2021- 2031(USD Million)
      1. Oncology
      2. Infectious Disease
      3. Neurology
      4. Others
    4. 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 (Association of South East Asian Countries)
        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