Veterinary Diagnostics Market

Veterinary Diagnostics Market Size Report – In a Glance

As per the survey report on global Veterinary diagnostics market, the market is expected to foresee a CAGR value of 9.6% during 2025-2035, and further generate a market size of USD 19.2 billion by the end of 2035. In 2025, the market size was value at USD 8.9 billion revenue.

• The global Veterinary diagnostics market’s growth is driven by rising incidence of animal diseases.
• In Japan, the Veterinary diagnostics market’s growth is influenced by the country’s culture of domesticating animals.
• KDMI analyst’s growth analysis foresees rise in pet ownership as the growth drivers for Veterinary diagnostics market.
• North America, having the highest market share in the Veterinary diagnostics market.

Veterinary Diagnostics Market Analysis

Veterinary diagnostic is a pet care that is performed to analyze and identify health issues to provide required treatment. Veterinary diagnostic care ranges from services such as X-rays, ultrasounds to in-house laboratory services. These services play important role in diagnosing pets. The tests are carried out by analyzing blood, tissue, urine, and others to detect disease and provide medication. The market growth is driven by rising incidence of animal diseases, advancement in diagnostic system, and its impact on other species. IDEXX Laboratories Inc, Zoetis, and Innovative Diagnostics SAS are some of the significant participants in the global veterinary diagnostics market.

Analyst’s Observation on Japan Veterinary Diagnostic Market Survey

In Japan, the veterinary diagnostic market has gained popularity due to the country’s culture of domesticating animals, maintaining their health, and growing animal population. The growing awareness amongst pet owners about early detection of diseases and preventive care is also leading the veterinary diagnostic market growth. In 2021, out of total population in the country, 11.3% of population owned dogs and 9.8% population owned cats, recorded a number of 7 million dogs and 9 million cats were owned, showing the growing interest of pet ownership in the country. DS Pharma Animal Health Co, Nisseiken Co Ltd, and Elanco Animal Health Incorporated are some of the significant participants in the Japan veterinary diagnostic market.

Veterinary Diagnostic Market Growth Drivers and Restraints

Growth Drivers

• Increasing outbreaks of Veterinary Diseases – The increasing outbreaks of animal diseases is leading to the growth of veterinary diagnostic market with the growing demand for preventive care. The timely diagnosis is required to protect animals from diseases, specially in those countries whose economy is mainly depended on animals. The support by government and regulatory bodies in the growth of veterinary diagnostics is leading the expansion of infrastructure development. Many veterinary clinics are funded by government to prioritize animals’ health and enhancing early detection of disease capabilities. The Veterinary Services Grant Program now has total of USD 4 million funding to enhance and protect animal health by providing necessary treatments.
• Rise in Pet Ownership – The rising number of pet owners in the world especially in nuclear families and modernized families have gained momentum of domesticating animals. The increased disposable income and affection towards animals have resulted into the increase in pet ownership. Dogs and Cats are mostly preferred animals for domestication as compared to other animals. Alon with rising pet ownerships, the pet owners are increasingly demanding for preventive care for their pets, have led to the growth of veterinary diagnostics market. According to World Animal Foundation, there are total 900 million dogs globally out of which 470 million dogs are adopted as pets, and out of total 600 million cats 370 million are adopted as pets, this rising pet ownership is mainly seen in the US, Brazil, Europe, and China.

Restraints

• Lack of skilled veterinary healthcare providers – One of the major restraints affecting the market growth of veterinary diagnostic is that the lack of skilled professionals in veterinary clinics. The growing ownership of animals is rising the demand for preventive care and diagnostics healthcare centers. The medical professionals in the field are required to operate advanced diagnostic tools and equipment. The lack of access to preventive care mainly in developed and emerging countries is leading to the downfall of veterinary diagnostic market growth.

Veterinary Diagnostic Market Segmentation

Our experts at KD Market Insights have segmented the global veterinary diagnostic market research report as:

Veterinary Diagnostics Market Regional Synopsis

North America dominates the global veterinary diagnostics market and the growth is driven by well-established veterinary healthcare infrastructure, advanced technology adoption, and high disposable income. The early detection and preventive care have become the essential part of veterinary diagnostics to improve animal health. The US holds the largest share in the veterinary diagnostics market with the adoption of innovative solutions such as integration of digital cytology, imaging technology, and molecular diagnostics.

In Europe, the veterinary diagnostics market growth is influenced by rising prevalence of animal diseases and ensuring protection against diseases outbreaks in the region. The adoption of advancement in diseases surveillance has led the market to grow potentially with the largest contribution of Germany and the UK veterinary diagnostic markets. The growing adoption of veterinary products and solutions are driving the market in these countries.

Asia-Pacific veterinary diagnostic market growth is driven by rising pet ownership, increased awareness of animal health, and growing demand for implementation of devices such as DNA monitoring system to identify genetic disorders and provide preventive care. The market growth is also supported by large cattle population in the region. India and China are the largest contributors in the veterinary diagnostic market.

Latin America veterinary diagnostic market growth is significantly growing due to expansion of livestock industry and growing demand for animal protein. Latin America has experienced certain animal diseases outbreaks such as Foot-and-Mouth disease, Avian Influenza, and Porcine Reproductive and Respiratory Syndrome (PRRS). The growing need for accurate and timely diagnosis is driving the overall market growth.

Middle East and Africa veterinary diagnostic market is driven by rising investment in veterinary healthcare centers with the growing adoption of pets in the modernized families. Countries like South Africa and Saudi Arabia are leading the adoption of pets in their houses due to increased affection and love for animals.

As per our analysts at KD Market Insights, the following five participants lead the North America veterinary diagnostic market growth:

• FUJIFILM Holdings Corporation
• Heska Corporation
• Virbac SA
• Zoetis Inc
• Neogen Corporation

Veterinary diagnostic Market Competitive Landscape

Some of the significant participants who top the global veterinary diagnostic market share:

• IDEXX Laboratories, Inc.
• Zoetis Inc.
• Thermo Fisher Scientific Inc.
• bioMerieux SA
• Heska Corporation
• NEOGEN Corporation
• Bio-Rad Laboratories, Inc.
• Virbac
• FUJIFILM Holdings Corporation
• Shenzhen Mindray Animal Medical Technology Co., Ltd.
• INDICAL BIOSCIENCE GmbH 
• BioNote, Inc.
• Biogal Galed Labs