Veterinary Oncology Market Size and Share
Veterinary Oncology Market Analysis by Mordor Intelligence
The veterinary oncology market reached USD 1.74 billion in 2025 and is forecast to climb to USD 3.10 billion by 2030, indicating a strong 12.1% CAGR. Momentum builds as aging pets experience higher cancer incidence, owners embrace “pet-as-family” mind-sets, and insurers broaden coverage for sophisticated procedures. Earlier diagnosis through liquid biopsies and AI-assisted imaging shifts care from palliative to curative, lifting demand for precision medicine. Regulatory fast-track pathways shorten launch cycles, while multimodal protocols that combine surgery, radiation, and immunotherapy deliver measurable survival gains. Against this backdrop, competition intensifies as multinational drugmakers and specialty clinics race to embed data analytics and digital health tools across the care continuum.
Key Report Takeaways
- By treatment modality, surgery led with 40.45% revenue share in 2024; immunotherapy is projected to expand at a 13.25% CAGR through 2030.
- By animal type, canine patients held 86.17% of the veterinary oncology market share in 2024, while feline cases are advancing at a 12.86% CAGR to 2030.
- By cancer type, melanoma accounted for 38.74% of the veterinary oncology market size in 2024; lymphoma treatments are forecast to grow at a 12.93% CAGR.
- By geography, North America captured 54.14% of 2024 revenues; Asia-Pacific is set to post the fastest 13.85% CAGR through 2030.
Global Veterinary Oncology Market Trends and Insights
Drivers Impact Analysis
Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
---|---|---|---|
Rising prevalence of companion-animal cancers | +3.2% | Global, with highest impact in North America and Europe | Long term (≥ 4 years) |
Increasing corporate & academic R&D funding in veterinary oncology | +2.8% | North America & EU, expanding to Asia-Pacific | Medium term (2-4 years) |
Rapid adoption of advanced imaging & liquid-biopsy diagnostics | +2.1% | Global, led by developed markets | Short term (≤ 2 years) |
Growth of pet-insurance policies covering oncology care | +1.9% | North America & EU core, emerging in Asia-Pacific | Medium term (2-4 years) |
AI-assisted early-screening platforms entering clinical use | +1.5% | Global, with early adoption in North America | Short term (≤ 2 years) |
Focused-ultrasound & photodynamic therapies expanding treatment toolbox | +0.5% | North America & EU, limited Asia-Pacific penetration | Long term (≥ 4 years) |
Source: Mordor Intelligence
Rising Prevalence of Companion-Animal Cancers
Nearly half of dogs over 10 years develop a neoplasm, a rate that keeps demand elevated for oncology services as preventive medicine lengthens life expectancy. Breed predispositions sharpen this need, with Golden Retrievers and Boxers exhibiting above-average lymphoma incidence. Earlier diagnosis now directs more cases into curative pathways, fuelling uptake of surgery, radiation, and emerging immunotherapies. Owners’ growing willingness to pursue aggressive protocols reinforces long-run service intensity, especially in markets with mature insurance penetration.
Increasing Corporate & Academic R&D Funding in Veterinary Oncology
Pharmaceutical firms cite translational value between companion-animal tumors and human oncology, prompting expansion of dedicated biologics capacity. Elanco’s USD 130 million Kansas facility emphasizes monoclonal antibody output for canine cancers. Universities add momentum; Virginia Tech’s histotripsy studies seek non-invasive osteosarcoma solutions. Non-profits such as Morris Animal Foundation channel grants toward limb-sparing immunotherapies, accelerating clinical timelines and broadening protocol sophistication.
Rapid Adoption of Advanced Imaging & Liquid-Biopsy Diagnostics
IDEXX introduced a USD 15 liquid-biopsy screen that flags canine lymphoma at the point of care, lowering barriers to annual testing [1]Zoetis Inc., “Vetscan Imagyst Expands AI Menu,” zoetis.com. Zoetis’ AI cytology platform shortens slide-to-answer times to minutes, allowing general practitioners to identify neoplastic cells without referral delays [2]IDEXX Laboratories Inc., “IDEXX Cancer Dx Launch Announcement,” idexx.com. Dedicated veterinary PET scanners now track metabolic tumor activity, enabling more tailored radiation dosing. Earlier intervention improves survival odds and shifts spending toward curative stages of the care journey.
AI-Assisted Early-Screening Platforms Entering Clinical Use
Machine-learning models trained on millions of pathology images now exceed pathologist sensitivity for select cancers. Zoetis’ Vetscan Imagyst integrates blood-smear and urine-sediment analytics, providing a near-real-time triage tool that expands specialty-grade diagnostics into general clinics. The technology’s accessibility is especially beneficial in rural settings where boarded oncologists are scarce, supporting more equitable access to advanced care.
Restraints Impact Analysis
Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
---|---|---|---|
High out-of-pocket costs for owners despite insurance gaps | -2.1% | Global, most severe in developing markets | Medium term (2-4 years) |
Low disease awareness in developing pet-owner populations | -1.8% | Asia-Pacific, Latin America, Middle East & Africa | Long term (≥ 4 years) |
Geographic scarcity of radiotherapy & advanced care centers | -1.3% | Rural areas globally, severe in developing regions | Long term (≥ 4 years) |
Absence of harmonised clinical-trial endpoints delaying approvals | -0.9% | Global, particularly affecting EU-US regulatory alignment | Medium term (2-4 years) |
Source: Mordor Intelligence
High Out-of-Pocket Costs for Owners Despite Insurance Gaps
Comprehensive protocols can range from USD 10,000 to USD 30,000, often exceeding insurance caps and forcing difficult affordability decisions. Coverage exclusions for pre-existing conditions leave policyholders responsible for a large share of expenses. As immunotherapies and precision treatments enter the market at premium price points, the cost disparity between basic and advanced care widens, tempering uptake among middle-income households.
Geographic Scarcity of Radiotherapy & Advanced Care Centers
The Veterinary Cancer Society counts fewer than 100 veterinary radiotherapy units across the United States, leaving vast rural corridors underserved [3]Veterinary Cancer Society, “Radiation Facility Directory,” vetcancersociety.org. Travel distance inflates indirect costs and reduces treatment adherence. Emerging economies contend with even narrower infrastructure, limiting advanced modality penetration. Tele-oncology consults, mobile linear accelerators, and focused ultrasound platforms are beginning to ease these structural bottlenecks, but the build-out remains a multi-year endeavor.
Segment Analysis
By Treatment Modality: Surgery Anchors Market While Immunotherapy Surges
Surgery secured 40.45% of global 2024 revenues, underscoring its role as a frontline curative option for solid tumors within the veterinary oncology market. Advances in intraoperative imaging and minimally invasive techniques enhance margin control while reducing recovery times. Concurrently, immunotherapy’s 13.25% CAGR reflects successful commercial launches of autologous cellular vaccines and small-molecule immune modulators that complement existing standards of care. Radiotherapy continues to grow as stereotactic protocols cut total fractions from 18 to three, shrinking owner travel commitments. Chemotherapy retains value for systemic malignancies, though genetic profiling refines dosing to minimize toxicity.
The therapeutic toolbox is moving toward truly multimodal regimens that marry surgical debulking with adjuvant radiation and checkpoint inhibitor courses. Focused ultrasound and photodynamic approaches add minimally invasive options for deep-seated or anatomically delicate lesions and are gaining traction as costs fall. AI-guided treatment planning leverages tumor genomics and imaging data to match patients with high-response regimens, improving outcomes and supporting evidence-based reimbursement.
Note: Segment shares of all individual segments available upon report purchase
By Animal Type: Canine Dominance Persists as Feline Protocols Mature
Dogs accounted for 86.17% of 2024 revenue, cementing their dominant role in the veterinary oncology market. Higher disease prevalence and more robust clinical evidence accelerate canine protocol adoption. Targeted therapies now segment recommendations by breed genetics, addressing elevated lymphoma risk in Boxers and osteosarcoma in Rottweilers. Cats, while historically underserved, are on a 12.86% CAGR as formulators develop feline-optimized chemotherapies that account for unique metabolic pathways. Equine oncology remains niche yet lucrative, driven by melanoma and sarcoid therapies for performance animals where career extension underpins owner willingness to pay.
Owner attitudes shift toward parity of care across species, pushing innovators to tailor pharmacokinetics, tablets, and dosing devices for smaller patients. Companion exotics such as ferrets and rabbits prompt exploratory trials into mini-dose immunotherapies, indicating longer-term addressable upside beyond core canine and feline cohorts. As species-specific evidence bases expand, clinicians gain confidence to recommend aggressive interventions, propelling further segment diversification.
By Cancer Type: Melanoma Leads While Lymphoma Innovation Accelerates
Melanoma retained the biggest slice at 38.74% in 2024, supported by established vaccines and predictable surgical outcomes. The segment benefits from relatively clear staging and localized disease progression, supporting early surgical resolution complemented by therapeutic vaccination when needed. Lymphoma now represents the fastest riser, advancing at a 12.93% CAGR on the back of oral therapies such as verdinexor and conditional approvals for canine-specific small molecules. Mast-cell tumors remain significant as injectable tigilanol tiglate allows non-surgical ablation of select lesions, broadening options for patients unsuited to anesthesia.
Precision oncology lifts hemangiosarcoma care, with genomic profiling guiding VEGF inhibitors that extend progression-free intervals. Osteosarcoma research prioritizes limb-sparing immunotherapy that combines autologous dendritic cells with intra-tumoral cytokine injections, reflecting owner priorities around mobility and quality of life. The upshot is deeper molecular stratification that aligns treatment choice with tumor biology, a hallmark of human oncology now migrating into companion-animal practice.

Geography Analysis
North America commanded 54.14% of 2024 sales, underpinned by high companion-animal spend, dense specialist networks, and a regulatory framework that allows conditional product approvals to reach clinics quickly. The United States hosts the largest pool of boarded veterinary oncologists, and its insurers increasingly reimburse advanced modalities, shortening payback periods for clinic investments in linear accelerators and CT scanners. University-industry collaborations funnel breakthrough science into commercial pipelines, further entrenching regional leadership.
Asia-Pacific stands out as the fastest-growing territory, charting a 13.85% CAGR to 2030 as pet humanization scales across China’s urban centers. Disposable income growth intersects with expanding private-clinic networks and rising awareness of pet insurance, narrowing care-access gaps. Japan’s mature small-animal market drives early adoption of precision biologics, while Australia’s research community pilots AI decision-support tools that gain regional traction. Hao-Animal, a Chinese start-up, recently opened Shanghai’s first integrated oncology-imaging hub, signaling domestic capacity build-up.
Europe holds the second-largest share, buoyed by stringent animal welfare statutes that encourage proactive oncology care. Harmonized EMA procedures streamline continental drug launches, though divergent reimbursement policies create pricing complexity. Germany’s robust veterinary R&D ecosystem pioneers isotope-guided surgery, and the UK accelerates clinical trials under dedicated veterinary-specific regulatory guidance. France and the Nordics prioritize minimally invasive therapies, reflecting cultural emphasis on quality-of-life metrics.

Competitive Landscape
The veterinary oncology market features moderate consolidation. Zoetis maintains scale advantages through an end-to-end platform that bundles diagnostics, pharmaceuticals, and AI analytics. Elanco doubles down on biologics manufacturing, leveraging recent acquisitions to fill pipeline gaps in monoclonal antibodies. Specialist chains such as PetCure Oncology deploy proprietary radiation centers in referral-dense corridors, creating regional treatment hubs. ELIAS Animal Health differentiates with autologous cell-based immunotherapies and leverages academic study networks for evidence generation.
Technological differentiation has overtaken molecule count as the critical battleground. Patent filings increase in micro-RNA diagnostics, nanoparticle drug delivery, and autologous vaccine processes. Mobile treatment units and tele-oncology portals address rural access voids, allowing disruptors to penetrate markets previously resistant to high-end services. Strategic alliances arise as large firms seek AI partners to accelerate workflow automation. M&A potential remains high as top players strive to integrate vertical capabilities and capture white-space geographies.
Veterinary Oncology Industry Leaders
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Elanco
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Zoetis
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Siemens Healthineers (Varian Medical Systems)
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Accuray Incorporated
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OHC (One Health Company)
- *Disclaimer: Major Players sorted in no particular order

Recent Industry Developments
- March 2025: Privo Technologies formed BeneVet Oncology to apply its proprietary delivery platforms in companion-animal cancers.
- January 2025: IDEXX launched IDEXX Cancer Dx, the first residual diagnostic panel for early canine lymphoma detection.
- January 2024: ELIAS Animal Health secured a USDA determination that its ECI-OSA-04 pivotal study shows reasonable efficacy, advancing licensure for canine osteosarcoma immunotherapy.
- October 2023: Merck Animal Health released gilvetmab, a canine-directed monoclonal antibody now available to U.S. veterinary oncologists.
Global Veterinary Oncology Market Report Scope
As per the scope of the report, cancer therapies are drugs that block the growth and proliferation of cancer by interfering with specific molecules, such as DNA or proteins, which are involved in the growth or expansion of cancerous cells. These therapies include surgery, radiation therapy, chemotherapy, and immunotherapy. The report includes revenue for cancer therapies provided to animals.
The veterinary oncology market is segmented by treatment type, animal type, application, and geography. By treatment type, the market is segmented into radiotherapy, surgery, chemotherapy, and other treatment types. By animal type, the market is segmented into canine, feline, and other animal types. By application, the market is segmented into lymphoma cancer, mast cell cancer, mammary and squamous cell cancer, and other applications. By geography, the market is segmented into North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. The report also covers the estimated market sizes and trends for 17 countries across major regions globally.
The report offers the market sizes and forecasts in value (USD) for the above segments.
By Treatment Modality | Radiotherapy | ||
Surgery | |||
Chemotherapy | |||
Immunotherapy | |||
Other Treatments (Laser, Photodynamic, Focused Ultrasound) | |||
By Animal Type | Canine | ||
Feline | |||
Equine | |||
Other Companion Animals (exotics, small mammals) | |||
By Cancer Type | Lymphoma | ||
Mast-Cell Tumour | |||
Mammary & Squamous-Cell Carcinoma | |||
Osteosarcoma | |||
Hemangiosarcoma | |||
Melanoma | |||
Other Cancers | |||
By 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 & Africa | GCC | ||
South Africa | |||
Rest of Middle East & Africa | |||
South America | Brazil | ||
Argentina | |||
Rest of South America |
Radiotherapy |
Surgery |
Chemotherapy |
Immunotherapy |
Other Treatments (Laser, Photodynamic, Focused Ultrasound) |
Canine |
Feline |
Equine |
Other Companion Animals (exotics, small mammals) |
Lymphoma |
Mast-Cell Tumour |
Mammary & Squamous-Cell Carcinoma |
Osteosarcoma |
Hemangiosarcoma |
Melanoma |
Other Cancers |
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 & Africa | GCC |
South Africa | |
Rest of Middle East & Africa | |
South America | Brazil |
Argentina | |
Rest of South America |
Key Questions Answered in the Report
What is the current Veterinary Oncology Market size?
The market stands at USD 1.74 billion in 2025 and is projected to reach USD 3.10 billion by 2030.
Who are the key players in Veterinary Oncology Market?
Elanco, Zoetis, Siemens Healthineers (Varian Medical Systems), Accuray Incorporated and OHC (One Health Company) are the major companies operating in the Veterinary Oncology Market.
Which is the fastest growing region in Veterinary Oncology Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which treatment modality generates the highest revenue?
Surgery leads with 40.45% of 2024 global revenue, reflecting its central role for solid tumors.
Why is immunotherapy growing so quickly?
Breakthrough cellular vaccines and targeted immune modulators deliver higher response rates, driving a 13.25% forecast CAGR for immunotherapy through 2030.