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

By Animal Type;

Production, and Companion.

By End Use;

Reference Laboratories, and Veterinarians.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn140039110 Published Date: March, 2025 Updated Date: April, 2025

Introduction

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

In the year 2023, the Global Veterinary Diagnostics Market was valued at USD 6,452.94 million. The size of this market is expected to increase to USD 12,841.41 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 10.3%.

Veterinary diagnostics encompass a wide range of tests, procedures, and imaging modalities designed to detect, monitor, and manage various diseases and conditions affecting companion animals, livestock, and exotic species. These diagnostics play a crucial role in guiding treatment decisions, monitoring disease progression, and ensuring the overall health and welfare of animals under veterinary care.

With the increasing prevalence of infectious diseases, chronic conditions, and age-related ailments among animals, the demand for advanced diagnostic solutions has surged. Veterinary diagnostics encompass a broad spectrum of methodologies, including clinical pathology, microbiology, molecular diagnostics, immunodiagnostics, and imaging techniques such as radiography, ultrasonography, and magnetic resonance imaging (MRI). These tools enable veterinarians to accurately diagnose a wide range of health issues, from common ailments like parasitic infections and respiratory diseases to complex conditions such as cancer and organ dysfunction.

Technological advancements have revolutionized the field of veterinary diagnostics, with the development of rapid point-of-care testing devices, advanced laboratory analyzers, and innovative imaging technologies. These advancements have not only improved diagnostic accuracy and efficiency but have also expanded access to diagnostic services in remote and underserved areas, ensuring that animals receive timely and effective care regardless of geographical location.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Animal Type
    2. Market Snapshot, By End Use
    3. Market Snapshot, By Region
  4. Global Veterinary Diagnostics Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Pet Ownership Rates

        2. Growing Demand for Food Safety and Quality Assurance

        3. Rising Prevalence of Zoonotic Diseases

      2. Restraints
        1. High Cost of Advanced Diagnostic Technologies

        2. Limited Access to Veterinary Diagnostic Services in Rural Areas

        3. Regulatory Hurdles and Compliance Requirements

      3. Opportunities
        1. Expansion of Point-of-Care Testing Solutions

        2. Adoption of Telemedicine and Remote Monitoring Technologies

        3. Development of Multiplex Assay Platforms for Comprehensive Testing

    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 Diagnostics Market, By Animal Type, 2021 - 2031 (USD Million)
      1. Production

      2. Companion

    2. Global Veterinary Diagnostics Market, By End Use, 2021 - 2031 (USD Million)
      1. Reference Laboratories

      2. Veterinarians

    3. Global Veterinary Diagnostics 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. Agrolabo S.p.A
      2. Embark Veterinary Inc
      3. Esaote SPA
      4. Thermo Fisher Scientific Inc
      5. Innovative Diagnostics SAS
      6. Virbac
      7. FUJIFILM Corporation
  7. Analyst Views
  8. Future Outlook of the Market