Germany Companion Animal Diagnostic Services Market Size & Outlook

The companion animal diagnostic services market in Germany is expected to reach a projected revenue of US$ 769.5 million by 2030. A compound annual growth rate of 5.6% is expected of Germany companion animal diagnostic services market from 2024 to 2030.
Revenue, 2023 (US$M)
$526.9
Forecast, 2030 (US$M)
$769.5
CAGR, 2024 - 2030
5.6%
Report Coverage
Germany

Germany companion animal diagnostic services market, 2018-2030 (US$M)

Germany

Germany companion animal diagnostic services market highlights

  • The Germany companion animal diagnostic services market generated a revenue of USD 526.9 million in 2023 and is expected to reach USD 769.5 million by 2030.
  • The Germany market is expected to grow at a CAGR of 5.6% from 2024 to 2030.
  • In terms of segment, dogs was the largest revenue generating animal type in 2023.
  • Other Companion Animals is the most lucrative animal type segment registering the fastest growth during the forecast period.


Companion animal diagnostic services market data book summary

Market revenue in 2023USD 526.9 million
Market revenue in 2030USD 769.5 million
Growth rate5.6% (CAGR from 2023 to 2030)
Largest segmentDogs
Fastest growing segmentOther Companion Animals
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDogs, Cats, Horses, Other Companion Animals
Key market players worldwideZoetis Inc Class A, IDEXX Laboratories Inc, SYNLAB Group, NationWide Laboratories, CVS Group PLC, TPG Inc Ordinary Shares - Class A, Animal Medical Center, Embark, IVC Evidensia


Other key industry trends

  • In terms of revenue, Germany accounted for 7.1% of the global companion animal diagnostic services market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, UK companion animal diagnostic services market is projected to lead the regional market in terms of revenue in 2030.
  • Sweden is the fastest growing regional market in Europe and is projected to reach USD 195.2 million by 2030.

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Companion Animal Diagnostic Services Market Companies

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Germany companion animal diagnostic services 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 companion animal diagnostic services market will help companies and investors design strategic landscapes.


Dogs was the largest segment with a revenue share of 52.51% in 2023. Horizon Databook has segmented the Germany companion animal diagnostic services market based on dogs, cats, horses, other companion animals covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Germany companion animal diagnostic services market databook

  • Our clientele includes a mix of companion animal diagnostic services market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany companion animal diagnostic services market , including forecasts for subscribers. This country databook contains high-level insights into Germany companion animal diagnostic services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Germany companion animal diagnostic services market size, by animal type, 2018-2030 (US$M)

Germany Companion Animal Diagnostic Services Market Outlook Share, 2023 & 2030 (US$M)

Germany companion animal diagnostic services market size, by animal type, 2018-2030 (US$M)

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