Global Veterinary Rapid Test Market Size & Outlook
Global veterinary rapid test market, 2018-2030 (US$M)
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Global veterinary rapid test market highlights
- The global veterinary rapid test market generated a revenue of USD 919.7 million in 2024 and is expected to reach USD 1,847.7 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 12.3% by 2030.
- In terms of segment, test kits accounted for a revenue of USD 739.2 million in 2024.
- Test Kits is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 919.7 million |
| Market revenue in 2030 | USD 1,847.7 million |
| Growth rate | 12.3% (CAGR from 2025 to 2030) |
| Largest segment | Test kits |
| Fastest growing segment | Test Kits |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Readers, Test Kits |
Other key industry trends
- In terms of revenue, the North America accounted for 36.3% of the global veterinary rapid test market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 68.5 million by 2030.
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Veterinary Rapid Test Market Scope
Veterinary Rapid Test Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Bosterbio | View profile | 11-50 | Pleasanton, California, United States, North America | https://www.bosterbio.com/ |
| Mars Group Holdings Corp | View profile | 755 | 1-10-7 Shinjuku, Shinjuku-ku, Tokyo, Japan, 160-0022 | http://www.mars-ghd.co.jp |
| Neogen Corp | View profile | 2640 | 620 Lesher Place, Lansing, MI, United States, 48912 | https://www.neogen.com |
| IDEXX Laboratories Inc | View profile | 11000 | One IDEXX Drive, Westbrook, ME, United States, 04092 | https://www.idexx.com |
| Merck & Co Inc | View profile | 72000 | 126 East Lincoln Avenue, Rahway, NJ, United States, 07065 | https://www.merck.com |
| Virbac SA | View profile | 5400 | 2065m LID, 1 ere avenue, Carros, France, 06516 | https://www.virbac.com |
| Zoetis Inc Class A | View profile | 14100 | 10 Sylvan Way, Parsippany, NJ, United States, 07054 | https://www.zoetis.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
Global veterinary rapid test market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to veterinary rapid test market will help companies and investors design strategic landscapes.
Test kits was the largest segment with a revenue share of 80.37% in 2024. Horizon Databook has segmented the Global veterinary rapid test market based on readers, test kits covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Veterinary Rapid Test Product Outlook (Revenue, USD Million, 2018-2030)
- Test Kits
- Readers
- Global Veterinary Rapid Test Technology Outlook (Revenue, USD Million, 2018-2030)
- Immunoassays
- PCR
- Global Veterinary Rapid Test Animal Type Outlook (Revenue, USD Million, 2018-2030)
- Companion Animals
- Dogs
- Cats
- Horses
- Other Companion Animals
- Production Animals
- Cattle
- Poultry
- Swine
- Other Production Animals
- Companion Animals
- Global Veterinary Rapid Test Testing Category Outlook (Revenue, USD Million, 2018-2030)
- Virology
- Parasitology
- Bacteriology
- Clinical Chemistry
- Other Categories
- Global Veterinary Rapid Test End Use Outlook (Revenue, USD Million, 2018-2030)
- Veterinary Hospitals & Clinics
- Homecare Settings
- Other End Use
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global veterinary rapid test market databook
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Our clientele includes a mix of veterinary rapid test market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global veterinary rapid test market , including forecasts for subscribers. This global databook contains high-level insights into Global veterinary rapid test market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global veterinary rapid test market size, by regions, 2018-2030 (US$M)
Top 10 countries: Veterinary rapid test market size, 2024 (US$M)
Global veterinary rapid test market share, by product, 2024 & 2030 (%, US$M)
Veterinary rapid test market: Opportunity assessment by country
Global veterinary rapid test market, by region, 2024 (US$M)
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