Market PositionIDEXX Laboratories is the dominant player in the veterinarian testing space and has been the best growth story in animal health.
New Product LaunchThe launch of InVue Dx is expected to be a medium-term growth driver for the company, potentially contributing 1-2% to EPS growth over the next several years.
Revenue GrowthIDEXX has control over the majority of its revenue growth drivers, including the ability to grow price mid-/high-single digits, launch new consoles and consumables, and maintain positive relationships with vets.