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

By Animal Type;

Production and Companion

By Product Type;

Instruments and Reagents & Consumables

By Technique;

Hematology, Immunodiagnostics, Molecular Diagnostics, Diagnostic Imaging, Clinical Biochemistry, and Others

By End Use;

Reference Laboratories and Veterinarians

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn140039110 Published Date: May, 2025 Updated Date: June, 2025

Veterinary Diagnostics Market Overview

Veterinary Diagnostics Market (USD Million)

Veterinary Diagnostics Market was valued at USD 7,119.52 million in the year 2024. The size of this market is expected to increase to USD 14,167.93 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.3%.


Global Veterinary Diagnostics Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 10.3 %


Study Period2025 - 2031
Base Year2024
CAGR (%)10.3 %
Market Size (2024)USD 7,119.52 Million
Market Size (2031)USD 14,167.93 Million
Market ConcentrationLow
Report Pages306
7,119.52
2024
14,167.93
2031

Major Players

  • Agrolabo S.p.A
  • Embark Veterinary Inc
  • Esaote SPA
  • Thermo Fisher Scientific Inc
  • Innovative Diagnostics SAS
  • Virbac
  • FUJIFILM Corporation

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Veterinary Diagnostics Market

Fragmented - Highly competitive market without dominant players


The veterinary diagnostics market is witnessing steady expansion driven by heightened attention to animal health and the need for accurate disease detection in both pets and livestock. Rising pet adoption and the economic role of livestock are fueling more frequent veterinary checkups. Presently, over 55% of vet appointments include diagnostic evaluations, showcasing diagnostics as a key component in animal medical care.

Advances in Diagnostic Technologies
Modern diagnostic technologies like biosensors, immunoassays, and molecular tests are revolutionizing the veterinary sector. These tools deliver rapid, reliable, and minimally invasive results, enhancing overall care quality. More than 40% of veterinary practices are now equipped with digital diagnostic solutions, streamlining workflows and improving clinical outcomes.

Prevalence of Animal Diseases and Zoonoses
The increasing occurrence of zoonotic infections and long-term animal conditions has raised the importance of timely diagnostics. About 30% of infectious disease strategies incorporate veterinary diagnostic tools to help prevent transmission from animals to humans. These efforts are solidifying the role of diagnostics in both veterinary and public health management.

Infrastructure Improvements in Veterinary Care
Upgrades in veterinary infrastructure, including labs and testing centers, are reinforcing market momentum. Currently, nearly 38% of facilities have the ability to conduct in-house diagnostics, enabling faster results and improved treatment pathways. Innovations combining diagnostics with telehealth are also fostering remote monitoring solutions for animal care.

  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 Product Type
    3. Market Snapshot, By Technique
    4. Market Snapshot, By End Use
    5. Market Snapshot, By Region
  4. Veterinary Diagnostics Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Pet Ownership Rates

        2. Growing Demand for Food Safety and Quality Assurance

        3. Rising Prevalence of Zoonotic Diseases

      2. Restraints
        1. High Cost of Advanced Diagnostic Technologies

        2. Limited Access to Veterinary Diagnostic Services in Rural Areas

        3. Regulatory Hurdles and Compliance Requirements

      3. Opportunities
        1. Expansion of Point-of-Care Testing Solutions

        2. Adoption of Telemedicine and Remote Monitoring Technologies

        3. Development of Multiplex Assay Platforms for Comprehensive Testing

    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. Veterinary Diagnostics Market, By Animal Type, 2021 - 2031 (USD Million)
      1. Production

      2. Companion

    2. Veterinary Diagnostics Market, By Product Type, 2021 - 2031 (USD Million)

      1. Instruments

      2. Reagents & Consumables

    3. Veterinary Diagnostics Market, By Technique, 2021 - 2031 (USD Million)

      1. Hematology

      2. Immunodiagnostics

      3. Molecular Diagnostics

      4. Diagnostic Imaging

      5. Clinical Biochemistry

      6. Others

    4. Veterinary Diagnostics Market, By End Use, 2021 - 2031 (USD Million)
      1. Reference Laboratories

      2. Veterinarians

    5. Veterinary Diagnostics 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 (Association of South East Asian Countries)
        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. Agrolabo S.p.A
      2. Embark Veterinary Inc
      3. Esaote SPA
      4. Thermo Fisher Scientific Inc
      5. Innovative Diagnostics SAS
      6. Virbac
      7. FUJIFILM Corporation
  7. Analyst Views
  8. Future Outlook of the Market