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

Global Veterinary Molecular Diagnostics Market is Segmented by Products (Instruments, Kit and Reagents, and Software and Services), Applications (Infectious Diseases, Genetics, and Other Applications), Technology (PCR, Microarray, and DNA Sequencing), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America).

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

Veterinary Molecular Diagnostics Market Size

Veterinary Molecular Diagnostics Market Summary
Study Period 2019 - 2030
Market Size (2025) USD 0.71 Billion
Market Size (2030) USD 1.13 Billion
CAGR (2025 - 2030) 9.72 %
Fastest Growing Market Asia-Pacific
Largest Market North America
Market Concentration Low

Major Players

Veterinary Molecular Diagnostics Market Major Players

*Disclaimer: Major Players sorted in no particular order

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

Biotechnology

Pharmaceuticals

Healthcare IT

Medical Devices

Animal Health

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Veterinary Molecular Diagnostics Market Analysis

The Veterinary Molecular Diagnostics Market size is estimated at USD 0.71 billion in 2025, and is expected to reach USD 1.13 billion by 2030, at a CAGR of 9.72% during the forecast period (2025-2030).

The outbreak of COVID-19 had a significant impact on the veterinary molecular diagnostics market because healthcare services were significantly reduced due to social distancing measures taken by governments. The United Nations Office for the Coordination of Humanitarian Affairs, in its article published in the Food and Agriculture Organization of the United Nations in July 2021, indicated that the pandemic had direct impacts on account of movement restrictions and a fear of the spread of the virus infection, and indirect impacts that resulted from resources being directed away from animal health surveillance activities to COVID-19-related activities. In another article presented in the journal of Frontiers in Veterinary Science in February 2021, standard practices, such as routine animal check-ups and surgeries, were disrupted, and veterinary clinics and hospitals had to quickly modify standard protocols to safely serve their clients and patients. Thus, the COVID-19 pandemic had a pronounced impact on the growth of the market studied. However, the sector has been recovering since restrictions were lifted. An increase in veterinary visits and the reopening of veterinary clinics have been leading market recovery over the last two years.

Veterinary molecular diagnostics is primarily driven by the growing pet animal population worldwide, increased expenditures on animal health, and advancements in veterinary molecular diagnostics. According to the pet population data published in March 2021 by the Pet Food Manufacturers Association, over 59% of households in the United Kingdom had pets, with over 32.6 million pets in 2021. The trend of treating pets as family members is growing, which increases the demand for better healthcare and veterinary applications.

Moreover, the growing prevalence of animal diseases is expected to propel the growth of the market over the forecast period. According to a study published by the University of Calgary in June 2021, conducted to investigate the infections of Echinococcus multilocularis in domestic dogs to infer their potential role in zoonotic transmission, stated that Echinococcus multilocularis, a parasitic helminth of the northern hemisphere (Alberta, Canada), normally cycles through definitive and intermediate hosts. But in urban areas, domestic dogs can also become hosts for this parasite, which could become a significant risk factor to humans due to their proximity. An article by the government of Canada on reportable diseases in terrestrial animals, updated in February 2021, listed a number of diseases that affect animals, including companion animals in the region. The large list of diseases includes equine infectious anemia, equine piroplasmosis, Newcastle disease, Pullorum disease, and vesicular stomatitis, among others. The increase in the occurrence of diseases among companion animals in the region and the requirement for associated diagnostics will provide lucrative growth opportunities for the veterinary molecular diagnostics market.

As per the estimates of the American Pet Products Association published in April 2022, the total American pet industry expenditure reached USD 123.6 billion in 2021, up from USD 103.6 billion in 2020. The rise in animal health expenditure is expected to drive the growth of the veterinary molecular diagnostics market, as a significant portion of pet owners are expected to use advanced diagnostic modalities for various disease conditions in animals.

Various activities by key market players, such as mergers and acquisitions and partnerships, are expected to propel the growth of the market. For instance, in April 2022, Carolina Liquid Chemistries Corporation of Greensboro signed a semi-exclusive agreement to distribute a portable analyzer for the US market. The company will distribute the SeamatySMT-120 VP veterinary automated chemistry analyzer, a compact, fully automatic chemistry, electrolyte immunoassay, and coagulation analyzer for animal health diagnosis.

However, the lack of skilled personnel and the high cost of diagnostic tests are expected to slow down market growth over the forecast period.

Veterinary Molecular Diagnostics Industry Overview

The veterinary molecular diagnostics market is moderately fragmented and competitive. Market players in veterinary molecular diagnostics focus on R&D and new product launches to expand their market share. Key market players include Biomerieux SA, Ingenetix GmbH, Idexx Laboratories Inc., Neogen Corporation, and Thermo Fischer Scientific Inc., among others.

Veterinary Molecular Diagnostics Market Leaders

  1. Ingenetix GmbH

  2. Idexx Laboratories Inc.

  3. Thermo Fischer Scientific Inc.

  4. Biomerieux SA

  5. QIAGEN N.V.

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

  • In June 2022, R-Biopharm AG acquired AusDiagnostics. With this acquisition, R-Biopharm expanded its product portfolio with molecular biology multiplex diagnostics, extraction reagents, and laboratory automation equipment for animals and humans.
  • In May 2022, MSD Animal Health announced the launch of the DNA TRACEBACK Fisheries platform, a new DNA-based analytical tool that helps governments and fishery agencies to identify the sustainable yield of wild fish stocks so that they can accurately identify the total allowable catch for fishermen in specific regions.

Veterinary Molecular 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 Rise in Prevalence of Animal Diseases
    • 4.2.2 Increase in Demand for Animal-derived Proteins
    • 4.2.3 Growth in Animal Health Expenditure
  • 4.3 Market Restraints
    • 4.3.1 Lack of Skilled Personnel
    • 4.3.2 High Cost of Diagnostic Tests
  • 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 - in USD Millions)

  • 5.1 By Product
    • 5.1.1 Instruments
    • 5.1.2 Kit and Reagents
    • 5.1.3 Software and Services
  • 5.2 By Application
    • 5.2.1 Infectious Diseases
    • 5.2.2 Genetics
    • 5.2.3 Other Applications
  • 5.3 By Technology
    • 5.3.1 PCR
    • 5.3.2 Microarray
    • 5.3.3 DNA Sequencing
  • 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 Biochek BV
    • 6.1.2 Biomerieux SA
    • 6.1.3 Bioneer Corporation
    • 6.1.4 Idexx Laboratories Inc.
    • 6.1.5 Ingenetix GmbH
    • 6.1.6 Neogen Corporation
    • 6.1.7 Thermo Fischer Scientific Inc.
    • 6.1.8 Veterinary Molecular Diagnostics Inc.
    • 6.1.9 Biomedica Group
    • 6.1.10 Novacyt Group
    • 6.1.11 QIAGEN N.V.
    • 6.1.12 Virbac
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Veterinary Molecular Diagnostics Industry Segmentation

As per the scope of the report, veterinary molecular diagnostics refer to the molecular diagnostic techniques that are employed to analyze samples from animals (companion, domestic, etc.). Veterinary molecular diagnostics primarily focuses on the detection, identification, and genotyping of pathogens. The veterinary molecular diagnostics market is segmented by products (instruments, kits and reagents, and software and services), applications (infectious diseases, genetics, and other applications), technology (PCR, microarray, and DNA Sequencing), and geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The report also covers the estimated market sizes and trends of 17 countries across major regions. The report offers all values in USD million for the above segments.

By Product Instruments
Kit and Reagents
Software and Services
By Application Infectious Diseases
Genetics
Other Applications
By Technology PCR
Microarray
DNA Sequencing
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 Molecular Diagnostics Market Research FAQs

How big is the Veterinary Molecular Diagnostics Market?

The Veterinary Molecular Diagnostics Market size is expected to reach USD 0.71 billion in 2025 and grow at a CAGR of 9.72% to reach USD 1.13 billion by 2030.

What is the current Veterinary Molecular Diagnostics Market size?

In 2025, the Veterinary Molecular Diagnostics Market size is expected to reach USD 0.71 billion.

Who are the key players in Veterinary Molecular Diagnostics Market?

Ingenetix GmbH, Idexx Laboratories Inc., Thermo Fischer Scientific Inc., Biomerieux SA and QIAGEN N.V. are the major companies operating in the Veterinary Molecular Diagnostics Market.

Which is the fastest growing region in Veterinary Molecular 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 Molecular Diagnostics Market?

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

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

In 2024, the Veterinary Molecular Diagnostics Market size was estimated at USD 0.64 billion. The report covers the Veterinary Molecular Diagnostics Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Veterinary Molecular Diagnostics Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Veterinary Molecular Diagnostics Industry Report

Statistics for the 2025 Veterinary Molecular Diagnostics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Veterinary Molecular Diagnostics analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.