Veterinary Diagnostics Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Global Veterinary Diagnostics Market Growth is Segmented by Product (Instruments, Kits & Reagents, and Software & Services), Technology (Immunodiagnostics, Molecular Diagnostics, Hematology, and Other Technologies), Animal Type (Companion Animals and Livestock Animals), and Geography (North America, Europe, Asia-Pacific, Middle East, and Africa, and South America). The Market Size and Forecasts are Provided in Terms of Value (in USD Million) for the Above Segments.

Veterinary Diagnostics Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Veterinary Diagnostics Market Size

Veterinary Diagnostics Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Market Size (2025) USD 8.70 Billion
Market Size (2030) USD 13.74 Billion
CAGR (2025 - 2030) 9.57 %
Fastest Growing Market Asia Pacific
Largest Market North America

Major Players

Veterinary Diagnostics Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Veterinary Diagnostics Market with other markets in Healthcare Industry

Biotechnology

Pharmaceuticals

Healthcare IT

Medical Devices

Animal Health

Device Drug Combination

Veterinary Diagnostics Market Analysis

The Veterinary Diagnostics Market size is estimated at USD 8.70 billion in 2025, and is expected to reach USD 13.74 billion by 2030, at a CAGR of 9.57% during the forecast period (2025-2030).

The outbreak of COVID-19 has had a substantial impact on the Veterinary Diagnostics Market because government regulations led to the suspension of various healthcare services, including Veterinary Diagnostic Services. For instance, an article published by the JAAWS in February 2022 reported that COVID-19 led to the shutting down of 70% of veterinary clinics in Canada and the US in 2020. Thus, initially, the studied market's growth was hampered due to the suspension of Veterinary Diagnostic Services to minimize COVID-19 infection. However, in the current scenario, it is anticipated that the decreasing COVID-19 cases leading to the resumption of Veterinary Diagnostic Services and a significant increase in pet adoption reported after the lockdown will lead to the stable growth of the Veterinary Diagnostics Market over the forecast period.

The factors driving the growth of the Veterinary Diagnostics Market are increased pet adoption and animal healthcare expenditure, rising incidence of zoonotic diseases, and the growing number of veterinary practitioners and disposable income in developing regions. For instance, in May 2022, Canada's 2021 Census of Agriculture report stated that farms in Canada reported a 3.4% increase in the number of hogs and pigs from the previous year (2020). In 2021, there were 14.6 million hogs and pigs in Canada, highlighting the growth potential in the Livestock Diagnostics Market. Similarly, the National Pet Owners Survey 2021-2022, conducted by the APPA, reported that the annual expenditure on routine visits for dogs accounts for USD 242 compared to USD 178 for cats in the United States. As a result, the increased pet and livestock adoption, coupled with increasing animal healthcare expenditure, are driving the growth of the Animal Diagnostics Market.

The number of zoonotic disease cases in animals has risen significantly in recent years. With the rise in the number of cases, the necessity to treat these disorders has also risen extensively, which is expected to propel the growth of the Animal Health Diagnostics Market. For instance, an article published by WHO in July 2022 reported that Africa is facing a growing risk of outbreaks caused by zoonotic pathogens, such as the monkeypox virus, which originated in animals and then switched species and infected humans. There has been a 63% increase in the number of zoonotic outbreaks in the region in the decade. The same source also reported that from 1 January 2022 to 8 July 2022, there have been 2,087 cumulative monkeypox cases, of which only 203 were confirmed. Thus, the increase in zoonotic diseases in animals is increasing the demand for Veterinary Diagnostics, thereby driving the growth of the Veterinary Diagnostics Market.

Furthermore, the expansion by the market players is also boosting the market's growth. For instance, in November 2021, Aviagen India expanded its Veterinary Diagnostic Laboratory in Tamil Nadu. The laboratory monitors the health of the Aviagen breeding stock regularly. Thus, such expansion increases the facility available for Veterinary Diagnosis and contributes to the market's growth.

Due to increased pet adoption and animal healthcare expenditure, rising incidence of zoonotic diseases, and growing investments by Veterinary Diagnostics Companies, the market is experiencing significant growth. However, the high cost of pet care and imaging devices and the lack of veterinarians are impeding the Veterinary Diagnostics Market growth.

Veterinary Diagnostics Industry Overview

The Veterinary Diagnostics Market is competitive and fragmented. The major market players are focusing on improved diagnostics techniques for animal care, especially protecting animals from diseases due to changing weather conditions. Some companies that provide Veterinary Diagnostic Services are bioMérieux SA, Heska Corporation, IDEXX Laboratories, IDvet, Randox Laboratories Ltd., Thermo Fisher Scientific Inc., Virbac Corporation, Zoetis Inc., BioChek BV, INDICAL Bioscience GmbH, Neogen Corporation, and Bio-Rad Laboratories Inc.

Veterinary Diagnostics Market Leaders

  1. Idexx Laboratories

  2. Zoetis, Inc

  3. Thermo Fisher Scientific Inc

  4. Biomérieux SA

  5. Virbac Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Veterinary Diagnostics Market Concentration
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Veterinary Diagnostics Market News

  • In August 2022, PepiPets launched a new mobile diagnostic testing service. Launching this new service in a company release will allow clients to receive diagnostic testing at home for their pets. PepiPets hopes the at-home testing service will help pets feel more comfortable with the procedure and save time on travel to an in-person office visit.
  • In March 2022, Companion Animal Health promulgated a strategic agreement, including an equity investment, with HT BioImaging to co-brand and exclusively sell the HTVet product in the US and Canada.

Veterinary Diagnostics Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Increasing Adoption of Pet Ownership and Animal Health Expenditure
    • 4.2.2 Increased Burden of Animal Zonotic Diseases
    • 4.2.3 Growing Pet Insurance and Animal Health Investments by Pharmaceutical Companies
  • 4.3 Market Restraints
    • 4.3.1 Lack of Veterinarians
    • 4.3.2 High Cost of Pet Care and Imaging Devices
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size by Value - USD million)

  • 5.1 By Product Type
    • 5.1.1 Instruments
    • 5.1.2 Kits and Reagents
    • 5.1.3 Software and Services
  • 5.2 By Technology
    • 5.2.1 Immunodiagnostics
    • 5.2.2 Clinical Biochemistry
    • 5.2.3 Molecular Diagnostics
    • 5.2.4 Hematology
    • 5.2.5 Other Technologies
  • 5.3 By Animal Type
    • 5.3.1 Companion Animals
    • 5.3.1.1 Dogs
    • 5.3.1.2 Cats
    • 5.3.1.3 Other Companion Animals
    • 5.3.2 Livestock Animals
    • 5.3.2.1 Cattle
    • 5.3.2.2 Swine
    • 5.3.2.3 Poultry
    • 5.3.2.4 Other Livestock Animals
  • 5.4 Geography
    • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Mexico
    • 5.4.2 Europe
    • 5.4.2.1 Germany
    • 5.4.2.2 United Kingdom
    • 5.4.2.3 France
    • 5.4.2.4 Italy
    • 5.4.2.5 Spain
    • 5.4.2.6 Rest of Europe
    • 5.4.3 Asia-Pacific
    • 5.4.3.1 China
    • 5.4.3.2 Japan
    • 5.4.3.3 India
    • 5.4.3.4 Australia
    • 5.4.3.5 South Korea
    • 5.4.3.6 Rest of Asia-Pacific
    • 5.4.4 Middle East and Africa
    • 5.4.4.1 GCC
    • 5.4.4.2 South Africa
    • 5.4.4.3 Rest of Middle East and Africa
    • 5.4.5 South America
    • 5.4.5.1 Brazil
    • 5.4.5.2 Argentina
    • 5.4.5.3 Rest of South America

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 BioMerieux SA
    • 6.1.2 Heska Corporation
    • 6.1.3 Idexx Laboratories
    • 6.1.4 IDVet
    • 6.1.5 Randox Laboratories Ltd.
    • 6.1.6 Thermo Fisher Scientific Inc.
    • 6.1.7 Virbac Corporation
    • 6.1.8 Zoetis Inc.
    • 6.1.9 BIOCHEK BV
    • 6.1.10 INDICAL Bioscience GmbH
    • 6.1.11 Neogen Corporation
    • 6.1.12 Bio-Rad Inc.
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments
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Veterinary Diagnostics Industry Segmentation

As per the scope of this report, veterinary diagnostics provide medical diagnostic testing for infectious agents, toxins, and other causes of diseases in animal diagnostic samples. The Veterinary Diagnostics Market is Segmented by Product (Instruments, Kits & Reagents, and Software & Services), Technology (Immunodiagnostics, Molecular Diagnostics, Hematology, and Other Technologies), Animal Type (Companion Animals (Dogs, Cats, and Other Companion Animals) and Livestock Animals (Cattle, Swine, Poultry and Other Livestock Animals)), and Geography (North America, Europe, Asia-Pacific, Middle East, Africa, and South America). The market report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (USD million) for the above segments.

By Product Type Instruments
Kits and Reagents
Software and Services
By Technology Immunodiagnostics
Clinical Biochemistry
Molecular Diagnostics
Hematology
Other Technologies
By Animal Type Companion Animals Dogs
Cats
Other Companion Animals
Livestock Animals Cattle
Swine
Poultry
Other Livestock Animals
Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America
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Veterinary Diagnostics Market Research FAQs

How big is the Veterinary Diagnostics Market?

The Veterinary Diagnostics Market size is expected to reach USD 8.70 billion in 2025 and grow at a CAGR of 9.57% to reach USD 13.74 billion by 2030.

What is the current Veterinary Diagnostics Market size?

In 2025, the Veterinary Diagnostics Market size is expected to reach USD 8.70 billion.

Who are the key players in Veterinary Diagnostics Market?

Idexx Laboratories, Zoetis, Inc, Thermo Fisher Scientific Inc, Biomérieux SA and Virbac Corporation are the major companies operating in the Veterinary Diagnostics Market.

Which is the fastest growing region in Veterinary Diagnostics Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Veterinary Diagnostics Market?

In 2025, the North America accounts for the largest market share in Veterinary Diagnostics Market.

What years does this Veterinary Diagnostics Market cover, and what was the market size in 2024?

In 2024, the Veterinary Diagnostics Market size was estimated at USD 7.87 billion. The report covers the Veterinary Diagnostics Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Veterinary Diagnostics Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Veterinary Diagnostics Industry Report

This comprehensive report offers a deep dive into the veterinary diagnostics industry, providing a detailed analysis of key market drivers and market segments. Mordor Intelligence offers customization based on your specific interests, including: 1. End-User: Hospitals, Clinics, POC/In-House, Labs 2. Technology: Pathology, Diagnostics Imaging, and Biochemistry