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

By Animal Type;

Companion Animal - Equine, Canine & Feline, and Livestock Animal.

By Therapy Type;

Chemotherapy, Combination Therapy, Immunotherapy, and Targeted Therapy.

By Mode Of Administration;

Oral and Intravenous.

By Application;

Canine Lymphoma, Osteosarcoma (OSA), Mast Cell Cancer, Melanoma, and Multiple Myeloma.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn120625895 Published Date: March, 2025 Updated Date: April, 2025

Introduction

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

In the year 2024, the Global Veterinary Oncology Market was valued at USD 376.76 million. The size of this market is expected to increase to USD 765.12 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.7%.

The global veterinary oncology market stands at the forefront of the intersection between advancements in veterinary medicine and the growing concern for pet welfare worldwide. With the increasing prevalence of cancer among companion animals, this market plays a pivotal role in offering specialized care and treatment options for pets diagnosed with various forms of cancer. As pet ownership continues to rise globally, fueled by factors such as urbanization, changing lifestyles, and an aging pet population, the demand for veterinary oncology services has witnessed a notable surge in recent years.

In parallel, the landscape of veterinary medicine has seen significant advancements, mirroring progress in human oncology. These advancements encompass a spectrum of innovations, including improved diagnostic techniques, novel treatment modalities, and a deeper understanding of the molecular mechanisms underlying cancer in animals. Such progress has not only enhanced the ability to diagnose cancer at earlier stages but has also expanded the repertoire of treatment options available for veterinarians to offer their patients.

Awareness and education initiatives have played a crucial role in driving the growth of the global veterinary oncology market. Pet owners are increasingly informed about the signs and symptoms of cancer in animals, as well as the importance of timely intervention and specialized care. Concurrently, veterinary professionals are actively engaged in disseminating knowledge about the latest advancements in oncology diagnostics and treatments, fostering a collaborative approach between pet owners and veterinarians in managing cancer in pets.

The market is witnessing a surge in investment in research and development aimed at addressing the unique challenges posed by cancer in animals. From exploring targeted therapies and immunotherapies to investigating the role of genetics in cancer predisposition, research efforts are focused on expanding the armamentarium of treatment options available for veterinary oncologists. As a result, the global veterinary oncology market is poised for continued growth, driven by the convergence of evolving pet care practices, technological innovations, and a shared commitment to improving the quality of life for companion animals battling cancer.

  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 Therapy Type
    3. Market Snapshot, By Mode of Administration
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Global Veterinary Oncology Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Awareness and Education
        2. Increased Investment in Research
        3. Expansion of Veterinary Healthcare Infrastructure
      2. Restraints
        1. Safety Concerns and Side Effects
        2. Regulatory Challenges
        3. Ethical and Emotional Considerations
      3. Opportunities
        1. Collaboration and Partnerships
        2. Expansion in Emerging Markets
        3. Focus on Supportive Care and Rehabilitatio
    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 Oncology Market, By Animal Type, 2021- 2031(USD Million)
      1. Companion Animal
      2. Equine
      3. Feline
      4. Canine
      5. Livestock Animal
    2. Global Veterinary Oncology Market, By Therapy Type, 2021- 2031(USD Million)
      1. Chemotherapy
      2. Combination Therapy
      3. Immunotherapy
      4. Targeted Therapy
    3. Global Veterinary Oncology Market, By Mode of Administration, 2021- 2031(USD Million)
      1. Oral
      2. Intravenous
    4. Global Veterinary Oncology Market, By Application, 2021- 2031(USD Million)
      1. Canine Lymphoma
      2. Osteosarcoma (OSA)
      3. Mast Cell Cancer
      4. Melanoma
      5. Multiple Myeloma
    5. Global Veterinary Oncology 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. Zoetis Inc
      2. Elanco
      3. AB Science
      4. Boehringer Ingelheim International GmbH
      5. Zenoaq
      6. VetDC
      7. Morphogenesis, Inc
      8. Karyopharm Therapeutics, Inc
      9. Regeneus Ltd
      10. AdvaVet, Inc
      11. Rhizen Pharmaceutical SA
  7. Analyst Views
  8. Future Outlook of the Market